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.
Greatest Emancipations: How the West Abolished Slavery
Featuring the author, Jim Powell
Senior Fellow, Cato Institute, and author of The Triumph of Liberty,
FDR’s Folly, Wilson’s War, and Bully Boy
For thousands of years, slavery went unchallenged in principle. Then in a single century, slavery was abolished and more than seven million slaves were freed throughout the Western hemisphere. The scope and speed of this transformation make it one of the most amazing feats in modern history. Greatest Emancipations tells this fascinating story, focusing on abolitionists in areas where slavery was most entrenched: Haiti, the British Caribbean, the United States, Cuba, and Brazil. In this lively book, Jim Powell concisely illuminates the beginnings of the abolitionist movement, then proceeds through the processes, the battles, the final victory of emancipation, and the incredible impact of its aftermath. Ultimately, Powell argues, the more violence was involved in the emancipation process, the worse the outcomes were, making a provocative case for peaceful antislavery struggles.