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.
Hostile Takeover: Resisting Centralized Government’s Stranglehold on America
The American enterprise system grew to be exceptional because of the principles on which it was built — individual freedom, decentralized knowledge, and accountable, constitutionally limited government. But, says Matt Kibbe, politicians in Washington have systematically replaced the dispersed genius of America with top-down dictates and expensive schemes designed to expand the power of insiders and protect the privileged positions of politicians, bureaucrats, and their cronies. In his new book, Kibbe proposes a different path. “Decentralized freedom” can return America to its founding values by breaking up centralized government’s monopoly on power and returning it to where it belongs: with We the People. Kibbe exposes the privileged collusion of Washington insiders and maps out a proven plan for how to return power from the self-appointed “experts” back to the people. Kibbe was dubbed by Newsweek “one of the Tea Party’s masterminds.” Please join us for a fresh and exciting look at past and coming changes in American politics. Kibbe will be joined by Sen. Rand Paul, a leader in advancing policies that are a return to the traditional American concern for liberty from government. Come hear how the nation went off track and how the government might be restored to its foundation in liberty.