Featuring William P. Ruger, Vice President of Policy and Research, Charles Koch Institute; Jason Sorens, Lecturer, Department of Government, Dartmouth College; moderated by Peter Russo, Director of Congressional Affairs, Cato Institute.
Unconventional monetary policy—characterized by “zero interest rate policy” (ZIRP) and “quantitative easing” (QE), along with macro-prudential regulation—has increased the power of central banks in the United States, Japan, and Europe. In the new issue of Cato Journal, contributors revisit the thinking behind unconventional monetary policy and the “new monetary framework,” make the case for transparent monetary rules versus foggy discretion, and point to the distortions generated by ultra-low interest rates and preferential credit allocation.
Either allow spending to grow on autopilot, which would mean a return to trillion dollar-plus deficits within eight years. Or limit spending so it grows at the rate of inflation, which would balance the budget in eight years.
When the Danish newspaper Jyllands-Posten published the cartoons of the prophet Muhammad in 2005, Denmark found itself at the center of a global battle about the freedom of speech. The paper’s culture editor, Flemming Rose, defended the decision to print the 12 drawings, and he quickly came to play a central part in the debate about the limitations to freedom of speech in the 21st century. In The Tyranny of Silence, Flemming Rose provides a personal account of an event that has shaped the debate about what it means to be a citizen in a democracy and how to coexist in a world that is increasingly multicultural, multireligious, and multiethnic.
The Cato Institute has released its 2015 Annual Report, which documents a dynamic year of growth and productivity. The thousands of individuals who contribute to Cato are passionate about freedom and committed to ensuring that future generations enjoy the blessings of liberty, unencumbered by an overreaching state that seeks to control their lives. This is Cato’s optimistic vision for the future, and it would be unimaginable without the Institute’s longstanding partnership with its Sponsors. We will continue our diligence and dedication to seeing this vision realized.
FEC v. Wisconsin Right to Life, McCain v. Wisconsin Right to Life, Does the First Amendment Protect Political Speech?
Featuring James Bopp Jr., James Madison Center for Free Speech; Kathleen M. Sullivan, Stanford University Law School; Richard L. Hasen, Loyola Law School, Los Angeles; and Martin S. Lederman, Georgetown University Law Center.
On the morning of April 25 the Supreme Court will hear consolidated oral argument in two of the most important campaign finance cases in years. Pitting the Federal Election Commission, plus Sen. John McCain and other members of Congress, against numerous grassroots organizations, the question presented is whether those members, through the McCain-Feingold campaign finance act the Supreme Court upheld three years ago, can prevent such groups from running ads close to an election that take “a critical stance regarding a candidate’s position on an issue.” (Quoted from Senator McCain’s brief.) James Bopp will be arguing the case for the grassroots organizations, joined at the Court by Kathleen Sullivan. Professors Hasen and Lederman, who will also be at oral argument, have filed an amicus brief supporting the FEC and Senator McCain. Please join us for their assessments of the oral argument before the Roberts Court.