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.
Americans are finally enjoying an improving economy after years of recession and slow growth. The unemployment rate is dropping, the economy is expanding, and public confidence is rising. Surely our economic crisis is behind us. Or is it? In Going for Broke: Deficits, Debt, and the Entitlement Crisis, Cato scholar Michael D. Tanner examines the growing national debt and its dire implications for our future and explains why a looming financial meltdown may be far worse than anyone expects.
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.
Fool’s Errands: America’s Recent Encounters with Nation Building
Featuring the authors Roger Fontaine, Former National Security Council Official; Gary Dempsey, Foreign Policy Analyst, Cato Institute; with commentary by James P. Pinkerton, Syndicated Columnist and Aide to Former President George H. W. Bush.
President Bush says “we’re not into nation-building” in Afghanistan. Judging by recent experiences, he’s probably right. In the decade following the end of the Cold War, the Clinton administration undertook several nation-building projects around the globe, all of which have failed. It was said we’d bring order to Somalia, but we left chaos. We went to Haiti to restore democracy, but produced tyranny. We intervened in Bosnia and Kosovo to create multiethnic democracies, but instead oversee militarized protectorates. Please join us for a timely forum as the authors of Fool’s Errands: America’s Recent Encounters with Nation Building discuss the lessons and the future of Washington’s nation building and James Pinkerton provides comments and criticism in light of possible events in Afghanistan and elsewhere.