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.
The Insurgents: David Petraeus and the Plot to Change the American Way of War
Featuring the author Fred Kaplan, “War Stories” Columnist, Slate, with comments by Spencer Ackerman, National Security Correspondent, WIRED; and Janine Davidson, George Mason University; moderated by Christopher Preble, Vice President, Defense and Foreign Policy Studies, Cato Institute.
In The Insurgents, Fred Kaplan tells the story of how a small group of soldier-scholars revolutionized the United States military. Their aim was to build a new Army that could fight a new kind of war in the post–Cold War age: “small wars” in cities and villages, against terrorists and insurgents. These would be wars not only of fighting but of “nation building,” often not of necessity but of choice.
Kaplan describes how these men and women maneuvered their ideas about counterinsurgency — or COIN, for short — through the bureaucracy and made it official policy. But it is also a cautionary tale about how creative doctrine can harden into dogma, how smart strategists — today’s “best and brightest” — can win the battles at home but not the wars abroad. By adapting the U.S. military to fight the conflicts of the modern era, they also created the tools — and made it more tempting — for political leaders to wade into wars that they would be wise to avoid.