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.
How Nations Prosper: Economic Freedom and Doing Business in 2008
Featuring James Gwartney, Coauthor, Economic Freedom of the World: 2007 Annual Report (Fraser Institute and Cato Institute, 2007) and Simeon Djankov, Lead Author, Doing Business 2008 (World Bank, 2007).
Nations that are economically free outperform less-free nations on indicators of human well-being. James Gwartney will discuss trends in economic liberty around the world and ways in which such freedom spreads. Simeon Djankov will review the latest findings on how bureaucracy, high taxes and the ability to register property in developing countries affect growth, the size of the informal sector and the participation of women in the economy. He will also explain how countries as diverse as Egypt, Croatia, and Georgia are reform leaders in the World Bank’s latest index on the ease of doing business.