Featuring Ned Mamula, Petroleum Geologist, formerly with the U.S. Geological Survey, Minerals Management Service, and the Central Intelligence Agency; moderated by Patrick Michaels, Director, Center for the Study of Science, Cato Institute.
For libertarians, the basic unit of social analysis is the individual. Individuals are, in all cases, the source and foundation of creativity, activity, and society. In the new issue of Cato Policy Report, Cato scholar David Boaz, author of The Libertarian Mind: A Manifesto for Freedom, explains the roles and rights of individuals in a free society, and cautions against a vision of a world in which individuals have no way to cooperate with others except through the state.
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 the author Vern McKinley, Research Fellow, Independent Institute; with comments by Matthew Stoller, Fellow, Roosevelt Institute, Contributing editor, Naked Capitalism; moderated by Mark Calabria, Director, Financial Regulation Studies, Cato Institute.
In the economic crisis, no issue has aroused more passion than the mega-trillion-dollar bailouts of large financial firms. The standard narrative has been one of necessity and fear, claiming the government must have greater power to respond or we all face terrible consequences. Now, in Financing Failure, Vern McKinley examines the policy decisions behind the bailouts and reveals the untold story and how it relates to the history of U.S. government intervention. Based on new revelations from documents uncovered through the Freedom of Information Act, he scrutinizes the decisions made by the Treasury Department, Federal Reserve, and FDIC during the crisis of the first decade of the 21st century and connects them to decisions of the 1930s and 1980s. These findings reveal that the genesis of financial crises is government itself, be it the interventions behind the Great Depression or the mandates that pushed for expanded homeownership that led to the recent crisis.