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.
Featuring the author, Jason L. Riley, Wall Street Journal Editorial Board, with comments by Michael Barone, U.S. News & World Report. Moderated by Daniel Griswold, Cato Institute.
In a provocative new book, Jason Riley makes the case for welcoming more legal immigrants to the United States. Drawing on history, scholarly studies and first-hand reporting, Riley argues that today’s newcomers are fueling America’s prosperity and dynamism. He challenges the prevailing views on talk radio and cable TV that immigrants are overpopulating the country, stealing jobs, depressing wages, bankrupting social services, filling prisons, resisting assimilation and promoting big government. Comments will be provided by one of the nation’s leading political analysts.