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.
Fusion Centers: Domestic Spying or Sensible Surveillance?
Featuring Bruce Fein, Constitutional Attorney, The Lichfield Group; Harvey Eisenberg, Chief, National Security Section, Office of United States Attorney, District of Maryland; and Michael German, Policy Counsel, American Civil Liberties Union. Moderated by Tim Lynch, Director, Project on Criminal Justice, Cato Institute.
Police departments across the country are starting to create networks of databases called “fusion centers” in an effort to detect and prevent acts of terrorism. The ultimate objective is to create a nationwide reporting system of suspicious behaviors so that the authorities can “connect the dots” before an attack can occur. Civil liberties groups claim these fusion centers are beset with legal and practical problems. One legal problem is that the police should not be opening files on people because they exercised their right to free speech, such as demonstrating against the foreign policies of the United States. One practical problem is that the police are gathering so much mundane information that practically anyone could end up on a list of “suspicious” persons because some official arbitrarily decided to fill out a tip sheet. Join us for a discussion of the pros and cons of this newly proposed system of policing.