Featuring Cato Institute Interns; and Heritage Foundation Interns; with an introduction by Mark Houser, Student Programs Coordinator, Cato Institute; moderated by Christopher Bedford, Senior Editor, Daily Caller.
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 not just a framework for utopia,” 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.
Does the Middle East Need U.S. Aid? Implications for Israeli Security and Prosperity
Featuring Robert Sauer, President, Jerusalem Institute for Market Studies; Corinne Sauer, Executive Director, Jerusalem Institute for Market Studies; and Doug Bandow, Senior Fellow, Cato Institute; moderated by Ian Vasquez, Director, Center for Global Liberty and Prosperity, Cato Institute.
The United States gives Israel some $3 billion in annual aid conditioned on similar aid to Egypt, Jordan, Saudi Arabia, and the Palestinian Authority. According to a study by the Jerusalem Institute for Market Studies, every dollar granted to Israel costs Israel between $1.06 and $1.39. The panel will discuss how the structure of this aid forces Israel to spend more than $3 billion on defense to maintain a balance of power in the region and why ending U.S. aid to the Middle East would benefit regional security and prosperity. Cato scholar Doug Bandow will explain why cutting the aid is also in the interest of the United States.