Featuring James Gattuso, Senior Research Fellow, Heritage Foundation; Kevin Kosar, Senior Fellow, R Street Institute; and Chris Edwards, Editor, DownsizingGovernment.org, Cato Institute; moderated by Peter Russo, Director of Congressional Affairs, Cato Institute.
Unconventional monetary policy—characterized by “zero interest rate policy” (ZIRP) and “quantitative easing” (QE), along with macro-prudential regulation—has increased the power of central banks in the United States, Japan, and Europe. In the new issue of Cato Journal, contributors revisit the thinking behind unconventional monetary policy and the “new monetary framework,” make the case for transparent monetary rules versus foggy discretion, and point to the distortions generated by ultra-low interest rates and preferential credit allocation.
When the Danish newspaper Jyllands-Posten published the cartoons of the prophet Muhammad in 2005, Denmark found itself at the center of a global battle about the freedom of speech. The paper’s culture editor, Flemming Rose, defended the decision to print the 12 drawings, and he quickly came to play a central part in the debate about the limitations to freedom of speech in the 21st century. In The Tyranny of Silence, Flemming Rose provides a personal account of an event that has shaped the debate about what it means to be a citizen in a democracy and how to coexist in a world that is increasingly multicultural, multireligious, and multiethnic.
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.
Leashing the Surveillance State: How to Renew and Reform Patriot Act Surveillance Authorities
Featuring Julian Sanchez, Research Fellow, Cato Institute; David Rittgers, Legal Policy Analyst, Cato Institute; and Mike German, Senior Policy Counsel, American Civil Liberties Union; moderated by Brandon Arnold, Director of Government Affairs, Cato Institute.
In the panicked aftermath of the September 11 attacks, Congress moved with dizzying haste to enact the USA Patriot Act, a sprawling overhaul of American intelligence law. Nearly a decade later, three important counter-terror surveillance powers are up for renewal, giving lawmakers an opportunity to review their work. The three expiring powers — “lone wolf” surveillance authority, roving intelligence wiretaps, and orders for the production of “tangible things” — as well as the FBI’s controversial power to issue National Security Letters — are analyzed in a new Cato study, which argues that it is possible to strengthen the safeguards that protect the constitutional liberties of American citizens while preserving the tools investigators need to detect and apprehend terrorists. Cato scholars Julian Sanchez and David Rittgers, joined by former FBI agent and ACLU policy analyst Michael German, will survey what we’ve learned from a decade of the Patriot Act and offer concrete proposals for reform.