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.
Foreign Oil Dependence and National Security: What to Do?
Featuring C. Boyden Gray, White House counsel to former president George Bush, Wilmer, Cutler & Pickering; and Jerry Taylor, Director, Natural Resource Studies, Cato Institute.
A new left-right coalition of environmentalists, business interests, and former national security officials was launched recently to address America’s dependence on foreign oil. C. Boyden Gray, a member of the Steering Committee for the Energy Future Coalition, argues that promoting alternative-fueled vehicles and energy conservation would make us less vulnerable to enemies in the Middle East. Jerry Taylor argues that foreign oil dependence has no impact on national security and that additional corporate subsidies and consumer regulation will prove counterproductive. Join us for a spirited debate concerning the future of energy policy during the war on terrorism.