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 David Goldhill, Author of “How American Health Care Killed My Father,” The Atlantic, September 2009; and Michael F. Cannon, Director of Health Policy Studies, Cato Institute, and co-author of Healthy Competition: What’s Holding Back Health Care and How to Free It.
David Goldhill is a Democrat and a business executive who paid little attention to the economics of health care before his father’s life was cut short by a hospital-acquired infection. That loss drove him to uncover the truth about American health care, which he reveals in an article that has been acclaimed as a “stemwinder” and “a fascinating read.” Goldhill explains why “it looks like this generation of ‘comprehensive’ reform will not address the underlying issues, any more than previous efforts did. Instead it will put yet more patches on the walls of an edifice that is fundamentally unsound—and then build that edifice higher.”