Featuring A. Trevor Thrall, Associate Professor, School of Policy, Government, and International Affairs, George Mason University; and Erik Goepner, Doctoral student in public policy, George Mason University; with comments by Betsy Woodruff, Politics Reporter, The Daily Beast; Emily Ekins, Research Fellow, Cato Institute; and Aaron Schumacher, Director, International, Foreign Policy Group, and Senior Vice President, Young Professionals in Foreign Policy; moderated by Christopher Preble, Vice President for Defense and Foreign Policy Studies, Cato Institute.
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.
Featuring Benjamin Zycher, Senior Fellow, Pacific Research Institute; Stephen S. Fuller, Dwight Schar Faculty Chair and University Professor, Director, Center for Regional Analysis, George Mason University; and Stephen Moore, Editorial Board Member, Senior Economics Writer, Wall Street Journal; moderated by Christopher Preble, Vice President, Defense and Foreign Policy Studies, Cato Institute.
The Budget Control Act passed by Congress directs that on January 2, 2013, the Obama administration must cut the defense budget by at least $55 billion, and the same amount from domestic discretionary spending. The prospect of such reductions has led to assertions that they will damage the economy and increase unemployment. Meanwhile, many who view excessive government spending as economically counterproductive nevertheless oppose Pentagon cuts, partly in the belief that military spending is good for the economy and an important source of jobs. Others, however, claim that limiting Pentagon spending would make resources available for more productive uses in the private sector and lower the burden on the taxpayer. Is military spending different from other forms of government expenditures? Could the impending, mandatory cuts actually benefit the economy? Please join us for a spirited debate that will provide some much-needed perspective on the economic effects of military spending.