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.
The Grand Old Spending Party: How President Bush and the Republican Congress Became Some of the Biggest Spenders in History
Featuring Senator Tom Coburn, M.D.
(R-Oklahoma); Stephen Slivinski, Director of Budget Studies, Cato Institute; and Veronique DeRugy, Research Fellow, American Enterprise Institute
The zeal to cut government spending seems to be absent from the Republican Congress these days. The same members who were swept into office on the promise of making government smaller have presided over the largest spending increases since Lyndon Johnson. President Bush has assisted this growth by not vetoing a single bill in his first term and by proposing increases in the federal budget for various pet programs. Does Bush’s new budget reverse the trend, or is it simply more of the same? Please join us for a discussion of how the Republican budget revolution went astray and what can be done to get it back on track.