Featuring Dorothy Robyn, Senior Policy Expert, Clinton and Obama Administrations; Stephen Van Beek, Vice President of Aviation Consulting, ICF International; and Chris Edwards, Editor, DownsizingGovernment.org, Cato Institute; moderated by Peter Russo, Director of Congressional Affairs, Cato Institute.
Of all the rights the U.S. Constitution protects, courts are probably most vigilant about protecting free speech. Freedom of expression is not only a cornerstone of democratic government, but also central to the more ordinary choices citizens make in their daily lives. Yet one class of speech has been almost entirely ignored by the courts: speech by professionals engaged in their business. In the new issue of Regulation, Cato scholar Timothy Sandefur argues that the Supreme Court should make it clear that censoring professionals is intolerable.
Published in the wake of the Supreme Court’s landmark decision in Kelo v. New London, Cornerstone of Liberty: Property Rights in 21st Century America made a powerful contribution to the firestorm of interest in protecting property rights. Now in its second edition, Cornerstone of Liberty has been fully updated by authors Timothy and Christina Sandefur, and examines how dozens of new developments in courtrooms and legislatures across the country have shifted the landscape of private property rights since 2005.
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.
The Death of Corporate Reputation: How Integrity Has Been Destroyed on Wall Street
Featuring the author Jonathan Macey, Yale Law School and Yale School of Management; with comments by Damon Silvers, AFL-CIO; and Harvey Pitt, Kalorama Partners, Former Chairman, U.S. Securities and Exchange Commission; moderated by Mark Calabria, Cato Institute.
Trust and reputation are central to the operation of capital markets. But in our generation, reputational mechanisms are failing; and when they fail, markets and societies are also at risk of failure. The usual response has been to call for more aggressive regulation, yet this only worsens the problem, as Jonathan Macey shows in his new book. There, he demonstrates how and why poorly considered regulation has undermined traditional trust mechanisms throughout financial institutions, credit rating agencies, and accounting and law firms. Please join us for a discussion of these issues, including a better path to restoring trust and integrity.