Featuring David Walker, Former Comptroller General, Government Accountability Office; David Wessel, Director, Hutchins Center, Brookings Institution; and Mark Calabria, Director, Financial Regulation Studies, Cato Institute; moderated by Josh Zumbrun, Reporter, Wall Street Journal.
For libertarians, the basic unit of social analysis is the individual. Individuals are, in all cases, the source and foundation of creativity, activity, and society. In the new issue of Cato Policy Report, Cato scholar David Boaz, author of The Libertarian Mind: A Manifesto for Freedom, explains the roles and rights of individuals in a free society, and cautions against a vision of a world in which individuals have no way to cooperate with others except through the state.
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.
Featuring Charles V. Peña, Cato Institute; Stanley Weiss, Business Executives for National Security; Winslow Wheeler, Author, Wastrels of Defense; and moderated by Christopher Preble, Cato Institute.
The fiscal year 2005 defense budget is more than $400 billion, a seven percent increase over the FY04 defense budget. The administration argues that the increased military spending is necessary for the war on terrorism. The Defense Department projects its budget to grow to more than $487 billion in FY09. Is that sum necessary for U.S. national security and to fight the war on terrorism? How much of the defense budget is wasted on nonessential projects? How can defense spending be better allocated? With the defense budget comprising nearly half of all government discretionary spending, and with U.S. defense spending projected to eclipse what the other nations of the world combined spend on defense before the end of this decade, can the United States sustain such high levels of defense expenditures?