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: Alan Oxley, Chairman, World Growth, Former Chairman of the General Agreement on Tariffs and Trade (GATT); with comments by Donald R. Sherk,
Program Officer for Africa, Center for International Private Enterprise, Former U.S. Executive Director, African Development Bank; and moderated by Marian Tupy, Policy Analyst, Cato Institute.
Advocates of sustainable development argue for a balance between economic growth and environmental protection. But, Alan Oxley argues, poor countries are increasingly urged to follow policies that undermine their growth. That is due partly to advocacy of anti-growth policies by nongovernmental organizations, such as the World Wildlife Fund, and partly to the adoption of similar advice by international bodies, such as the World Bank and the European Union. Donald Sherk will discuss the relationship between NGOs and African governments.