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.
John Stossel’s “Is America Number One?”
The Second Documentary in a Three Part Capitol Hill Series for Interns
John Stossel travels around the globe to study the nature and causes of the wealth of nations. Why do some nations flourish while others flounder? Take India, for example. India has a free press and a democratic government, but that doesn’t seem to be enough. Its thicket of business regulations and bureaucratic restrictions is so dense that wealth is difficult to create. By comparing conditions in other countries, Stossel unravels the mystery of American prosperity.