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.
Featuring Roy Prosterman, Founder and Chairman Emeritus, Landesa; and Keliang Zhu, Attorney, China Team, Landesa; with comments by Xiaobo Zhang, Senior Research Fellow, International Food Policy Research Institute; moderated by Ian Vasquez, Director, Center for Global Liberty and Prosperity, Cato Institute.
China now has one of the largest rural-urban income gaps in the world, with the vast majority of its 120 million extreme poor living in the countryside. A fundamental cause of enduring rural poverty is that many Chinese farmers do not have secure property rights to land. Roy Prosterman and Keliang Zhu will review the findings of Landesa’s recent large-scale survey of the status of farmers’ land rights. They will describe advances in the protection of such rights, the emergence of a land transactions market, and the growth of long-term investments by farmers. They will also discuss significant, ongoing violations of farmers’ property rights and the impact on Chinese stability and food production. Xiaobo Zhang will comment on China’s uneven protection of property rights.