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.
Don’t Blame The Shorts: Why Short Sellers Are Always Blamed for Market Crashes and How History Is Repeating Itself
Featuring the author, Robert Sloan, Managing Partner, S3 Partners; with comments by James J. Angel, McDonough School of Business, Georgetown University; and Frank Hatheway, Chief Economist, NASDAQ OMX. Moderated by Mark A. Calabria, Director, Financial Regulation Studies, Cato Institute.
In the aftermath of the financial collapse, regulatory agencies such as the Securities and Exchange Commission targeted short sellers as a contributor to the crisis. In Don’t Blame the Shorts, Wall Street veteran Robert Sloan examines how short sellers provide liquidity and transparency to our capital markets. The panel also explores why short sellers are often portrayed as the villains when they expose corporate fraud and mismanagement.