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 Overreaction and Misdirection Play into the Strategy of Terrorism
Featuring Christopher A. Preble, Director of Foreign Policy Studies, Cato Institute and David Rittgers, Legal Policy Analyst, Cato Institute, and three-tour veteran, Operation Enduring Freedom, Afghanistan.
Terrorism seeks to weaken strong powers like the United States by goading them to overreact and waste their own blood and treasure, give sympathy and recruiting gains to terrorists, and come loose from their ideological moorings. Beyond avoiding war and misdirected homeland security efforts, sound counterterrorism strategy requires subtle awareness of the different ways a victim state’s actions can play into terrorists’ hands. Countering the strategic logic of terrorism will require policymakers to adopt very disciplined responses and deny superficially appealing impulses toward overreaction. Please join Cato scholars David Rittgers and Christopher Preble to discuss a more effective way to respond to terrorist threats and activities.