Featuring Tim Lynch, Director, Project on Criminal Justice, Cato Institute; Michael Tanner, Senior Fellow, Cato Institute; and Matthew Feeney, Policy Analyst, Cato Institute; moderated by Peter Russo, Director, Congressional Affairs, 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.
Two long wars, chronic deficits, the financial crisis, the costly drug war, the growth of executive power under Presidents Bush and Obama, and the revelations about NSA abuses, have given rise to a growing libertarian movement in our country – with a greater focus on individual liberty and less government power. David Boaz’s newly released The Libertarian Mind is a comprehensive guide to the history, philosophy, and growth of the libertarian movement, with incisive analyses of today’s most pressing issues and policies.
Featuring John Goodman, President, National Center for Policy Analysis; and Laurence J. Kotlikoff, Professor of Economics, Boston University, and Senior Fellow, National Center for Policy Analysis. With comments by
William Poole, Senior Fellow, Cato Institute, and Former President, Federal Reserve Bank of St. Louis. Moderated by
William A. Niskanen, Chairman Emeritus and Distinguished Senior Economist, Cato Institute.
The Obama administration is expected to propose a comprehensive reform of the American financial system some time in June. Goodman and Kotlikoff find the administration’s financial strategy — fighting each financial fire one by one and rebuilding the old system pretty much as it was — deeply misguided. It treats the symptoms, not the disease, and will leave us financially and fiscally weaker. It is more important to offer a solution based on a simple principle: no one should be able to gamble with other people’s money, including the taxpayers’ money, without their consent.