Featuring David Boaz, Executive Vice President, Cato Institute; and Matt Welch, Editor in Chief, Reason; vs. Ramesh Ponnuru, Columnist and Senior Editor, National Review; and Conor Friedersdorf, Staff Writer, The Atlantic; moderated by David Kirby, Vice President and Senior Fellow, Cato Institute.
Every imaginable product and service has a price, and yet there is something different about pricing prescription medicines. In the new issue of Regulation, Charles L. Hooper and David R. Henderson say that to “fix” drug pricing, we need more competition, more cost sharing, and the liberalization of some regulations. Also in this issue, Larry Downes describes how rent-seeking and public choice have put a telecom deregulation success story at risk, and Jason Scott Johnston looks at the social cost of carbon – how is it derived and how is it used to justify America’s climate policy?
Published in the wake of the Supreme Court’s landmark decision in Kelo v. New London, Cornerstone of Liberty: Property Rights in 21st Century America made a powerful contribution to the firestorm of interest in protecting property rights. Now in its second edition, Cornerstone of Liberty has been fully updated by authors Timothy and Christina Sandefur, and examines how dozens of new developments in courtrooms and legislatures across the country have shifted the landscape of private property rights since 2005.
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.
The Federal Reserve, the Centennial Monetary Commission, and the Sound Dollar Act
Featuring Rep. Kevin Brady, Chairman, Joint Economic Committee; moderated by Mark Calabria, Director of Financial Regulation Studies, Cato Institute.
A century after the creation of the Federal Reserve and two generations after Congress gave the Fed a dual mandate for price stability and full employment, the Fed’s extraordinary actions since 2008 have raised questions about the appropriate role for the Fed and the monetary policy that the Fed should pursue to ensure a strong U.S. economy throughout the 21st century. Rep. Kevin Brady (R-TX), chairman of Congress’s Joint Economic Committee, is at the forefront of this debate. He will be discussing his proposals both for monetary reform (Sound Dollar Act) and for a bipartisan Centennial Monetary Commission to review the Fed’s performance and make recommendations for its role in the future.