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 Andrew Mwenda,
Political Editor, Daily Monitor (Kampala, Uganda), with comments by
Mauro De Lorenzo, Resident Fellow, American Enterprise Institute.
The international aid lobby claims that increased foreign aid will help to solve Africa’s problems. But, as the case of Uganda shows, foreign aid can exacerbate those problems. Foreign aid, Andrew Mwenda writes in a recent Cato study, has provided the Ugandan government with an independent source of revenue that has allowed it to remain unaccountable to Uganda’s citizens. Moreover, aid has enabled the government to pay its bills without having to undertake further necessary economic reforms. The government has wasted much of the aid money on military equipment and political patronage. To promote democracy and accountability, the West should discontinue future aid flows to Uganda.