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.
Since the Mexican government initiated a military offensive against its country’s powerful drug cartels in December 2006, over 55,000 people have perished and the drugs continue to flow. The growing violence has created concerns that Mexico could become a failed state, and U.S. leaders worry that violence and corruption is seeping over the border, both south into Central America and north into the United States. In his compelling new book, The Fire Next Door, Ted Galen Carpenter details the growing horror overtaking Mexico and explains how the current U.S.-backed strategies for trying to stem Mexico’s drug violence have been a disaster. Officials in both governments insist on staying the failed course rather than exploring significant policy change. This is a critical subject the presidential candidates are not addressing — but will have to face.
Boldly conveyed in The Fire Next Door, the only effective strategy is to defund the Mexican drug cartels by abandoning the failed drug prohibition policy, thereby eliminating the lucrative black-market premium and greatly reducing the financial resources of the drug cartels. A refusal to renounce prohibition, demonstrates Carpenter, means that Mexico’s agony will likely worsen and pose even more significant problems for the United States. Please join us for what promises to be an extremely timely and provocative discussion.