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.
Empire for Liberty: A History of American Imperialism from Benjamin Franklin to Paul Wolfowitz
Featuring the author Richard Immerman, Professor of History and Marvin Wachman Director, Center for the Study of Force and Diplomacy, Temple University; Robert Kagan, Senior Associate, Carnegie Endowment for International Peace; and Derek Leebaert, Partner, MAP AG; moderated by Christopher A. Preble, Director of Foreign Policy Studies, Cato Institute.
Did America set out to become an empire? And if so, how has it reconciled its imperialism with the idea of liberty so forcefully expressed in the Declaration of Independence? In his new book, Empire for Liberty, historian Richard Immerman tells the stories of six men who influenced the course of American empire: Benjamin Franklin, John Quincy Adams, William Henry Seward, Henry Cabot Lodge, John Foster Dulles, and Paul Wolfowitz. Immerman shows how each individual’s influence arose from a keen sensitivity to the concerns of his times, how the trajectory of American empire was relentless, if not straight, and how these shrewd and powerful individuals shaped their rhetoric about liberty to suit their needs. But as Immerman demonstrates, the Global War on Terror and the occupation of Iraq brought the tensions between liberty and empire into bold relief. Please join us as we discuss this timely and provocative book.