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.
The American pika (Ochotona princeps) is an insanely cute critter often found in above-timberline rock fields in the western U.S. Because they often live near mountain peaks, there’s been concern that global warming could push them over the top, to extinction.
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 Should the United States Respond to Terrorism?
Featuring Anthony Cordesman, Center for Strategic and International Studies; John Parachini, Monterey Institute of International Studies; Bruce Hoffman, RAND Corporation; Ivan Eland, Cato Institute.
The recent bombing of the USS Cole is one of many incidents of terrorism directed against the United States. More than 40 percent of the world’s terrorism is directed against U.S. targets. How should the United States respond to such attacks? Some experts suggest a military response, some would pursue the alleged perpetrators through the criminal justice system, and still others would beef up intelligence capabilities. To deal with potential attacks involving weapons of mass destruction, some analysts advocate extending the reach of law enforcement agencies or spending more on domestic preparedness programs; others would encourage a policy of U.S. military restraint overseas to attempt to reduce the motivation for terrorist attacks on U.S. targets. Which policy or combination of policies makes the most sense? The participants will discuss those issues.