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.
Funding the REAL ID Act: Improved Homeland Security or More Washington Waste?
Featuring: David Williams, Vice President of Policy, Citizens Against Government Waste; Andrew Moylan, Government Affairs Manager, National Taxpayers Union; and Jim Harper, Director of Information Policy Studies, Cato Institute.
The REAL ID Act has been endlessly controversial. Because of its costs to taxpayers, the burdens it would place on native-born citizens, the harm it would do to privacy, and its dubious security benefits, more than 15 states have passed bills or resolutions calling for its repeal, asking for changes, or outright refusing to implement this national ID system. Congress may soon consider whether to spend billions of dollars attempting to entice states back into the REAL ID system. Department of Homeland Security estimates placed the total cost of REAL ID at over $17 billion dollars. Should these dollars go to REAL ID, to better-focused security efforts, or should they be returned to taxpayers? Please join us for a discussion of REAL ID’s costs and consequences.