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.
Dred Scott’s Revenge: A Legal History of Race and Freedom in America
The Declaration of Independence proclaimed America’s belief in legal equality and inalienable rights. But American governments legally suspended the free will of blacks for 150 years and then denied blacks equal protection under the law for another 150 years. How did this happen in America? How were the Constitution and laws of the land twisted so as to institutionalize racism? How did it — or will it — end? In his new book Judge Andrew P. Napolitano takes a no-holds-barred look at the role of the government in the denial of freedoms on the basis of race. Juan Williams of NPR, author of Eyes on the Prize and of a biography of Thurgood Marshall, calls it “the best history of the law and race I’ve ever read.” Damon Root and Jason Kuznicki, both of whom have written on the history of race and the law, will comment.