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 Roger Pilon, Vice President for Legal Affairs, Cato Institute.
Drug reimportation looks “inevitable,” said Health and Human Services Secretary Tommy Thompson in May. Last year the House overwhelmingly passed a bill lifting the federal ban on reimporting prescription drugs, and three such bills are now pending in the Senate. Several state and local officials, defying federal law, have begun their own reimportation programs. John Kerry supports reimportation. And President Bush recently signaled he would reconsider the issue if drug safety can be ensured. Something is going to give.
In his recent Cato study, Roger Pilon has taken an in-depth look at this complex issue and concluded that lifting the reimportation ban is the right answer, even if bills currently in Congress don’t always do it the right way. Please join us for a broad discussion of an issue that is sure to be on Congress’s plate until it is resolved.