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.
A Harsh Climate for Trade: How Climate Change Proposals Threaten Global Commerce
Featuring Sallie James, Trade Policy Analyst, Cato Institute; Gary Hufbauer, Senior Fellow, Peterson Institute for International Economics; and Clayton Yeutter, Senior Advisor, Hogan and Hartson LLP and former United States Trade Representative.
As the Senate prepares to consider a climate change bill, a new study from the Cato Institute lays out some of the dangers in trade provisions ostensibly designed to “level the carbon playing field” between countries that sign carbon-limiting agreements and those that do not. Using the latest data and thinking on trade law, Sallie James shows how linking tariffs to greenhouse gas emissions would be harmful to the U.S. economy and counterproductive for achieving climate change objectives. Gary Hufbauer and Clayton Yeutter will also present their views on the intersection between climate change and trade policy.