A limited constitutional government calls for a rules-based, freemarket monetary system, not the topsy-turvy fiat dollar that now exists under central banking. This issue of the Cato Journal examines the case for alternatives to central banking and the reforms needed to move toward free-market money.
Americans are finally enjoying an improving economy after years of recession and slow growth. The unemployment rate is dropping, the economy is expanding, and public confidence is rising. Surely our economic crisis is behind us. Or is it? In Going for Broke: Deficits, Debt, and the Entitlement Crisis, Cato scholar Michael D. Tanner examines the growing national debt and its dire implications for our future and explains why a looming financial meltdown may be far worse than anyone expects.
The Cato Institute has released its 2014 Annual Report, which documents a dynamic year of growth and productivity. “Libertarianism is the philosophy of freedom,” Cato’s David Boaz writes in his book, The Libertarian Mind. “It is the indispensable framework for the future.” And as the new report demonstrates, the Cato Institute, thanks largely to the generosity of our Sponsors, is leading the charge to apply this framework across the policy spectrum.
Featuring Harvey Silverglate, Author of Three Felonies a Day; and Tim Lynch, Editor of In the Name of Justice and Director of Cato’s Project on Criminal Justice. Moderated by Tony Blankley, Executive Vice President, Edelman, Inc., and Columnist, Washington Times.
America’s criminal codes are now so voluminous that they bewilder not only the average citizen but also the average lawyer. Our courthouses are so clogged that there is no longer adequate time for trials. And many of our prisons are now operating well beyond their design capacity. Two new books raise the question of whether the American criminal justice system has become dysfunctional. Harvey Silverglate’s new book, Three Felonies a Day, argues that the typical American professional is likely unaware that he or she violates federal law each day because of the breadth and dangerously broad scope of the Code of Federal Regulations. As a result, scores of people—doctors, lawyers, journalists, businesspeople—are vulnerable to sudden, arbitrary prosecution. Cato’s Tim Lynch, editor of In the Name of Justice, maintains that the runaway growth of the criminal law has been accompanied by the dilution of constitutional rights and safeguards. Please join us for a discussion of these disturbing trends and what might be done about them.