Featuring Dov S. Zakheim, Senior Advisor, Center for Strategic and International Studies; Mackenzie Eaglen, Resident Fellow at the Marilyn Ware Center for Security Studies, American Enterprise Institute; Todd Harrison, Senior Fellow, Defense Budget Studies, Center for Strategic and Budgetary Assessments; and Christopher A. Preble, Vice President for Defense and Foreign Policy Studies, Cato Institute; moderated by Kate Brannen, Senior Reporter, Foreign Policy.
In the new issue of Regulation, economist Pierre Lemieux argues that the recent oil price decline is at least partly the result of increased supply from the extraction of shale oil. The increased supply allows the economy to produce more goods, which benefits some people, if not all of them. Thus, contrary to some commentary in the press, cheaper oil prices cannot harm the economy as a whole.
Two long wars, chronic deficits, the financial crisis, the costly drug war, the growth of executive power under Presidents Bush and Obama, and the revelations about NSA abuses, have given rise to a growing libertarian movement in our country – with a greater focus on individual liberty and less government power. David Boaz’s newly released The Libertarian Mind is a comprehensive guide to the history, philosophy, and growth of the libertarian movement, with incisive analyses of today’s most pressing issues and policies.
Numerous polls show that Americans want to reduce our military presence abroad, allowing our allies and other nations to assume greater responsibility both for their own defense and for enforcing security in their respective regions. Why haven’t we done so? In The Power Problem, Christopher Preble contends that the vast military strength of the United States has induced policymakers in Washington to broaden the perception of the “national interest,” and ultimately to commit the United States to the impossible task of maintaining global order. What does preserving American security require, and how engaged should U.S. forces be beyond protecting our core national interests? To what extent does the status quo advance U.S. security, and to what degree is it undermining our security, imposing unnecessary costs, and forcing all Americans to incur additional risks? Please join Cato’s Christopher Preble and the Nixon Center’s Paul Saunders for a discussion about the nature of American military power, its purpose in U.S. foreign policy, and its power to define the national interest.