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.
Laws of Creation: Property Rights in the World of Ideas
Featuring Ronald A. Cass, Cass & Associates, Dean Emeritus of Boston University School of Law; Keith Hylton, Paul J. Liacos Professor of Law, Boston University School of Law; and Jerry Brito, Senior Research Fellow, Mercatus Center, George Mason University, Editor, Copyright Unbalanced: From Incentive to Excess; moderated by Jim Harper, Director of Information Policy Studies, Cato Institute.
In recent years, a growing chorus of legal theorists and technologists has questioned the utility and justice of statutes creating property rights in ideas and expressions aimed at increasing their production. In Laws of Creation: Property Rights in the World of Ideas, Ronald Cass and Keith Hylton mount their defense of intellectual property law. The authors reject the idea that changing technology undermines the case for intellectual property rights, and they argue that making the work of inventors and creators free would be a costly mistake. Please join us for their presentation of the book and an interesting discussion of issues on which libertarians often find themselves divided.