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.
Leviathan on the Right: How Big-Government Conservatism Brought Down the Republican Revolution
Featuring the author, Michael Tanner, Director of Health & Welfare Studies, Cato Institute; with comments by Daniel Casse, Senior director of the White House Writers Group and former special assistant to President Bush; and Dick Armey, Former House Majority Leader.
For conservatives generally and the Republican Party in particular, now is a time of intense soul-searching. More than a decade has passed since President Bill Clinton announced that “the era of big government is over.” Yet, since then, government has grown far bigger and far more intrusive. It spends more, regulates us more, and reaches far more into our daily lives than it did before the Republican Revolution. In Leviathan on the Right, Michael Tanner says that behind this alarming trend stands the rise of a new brand of conservatism–one that believes big government can be used for conservative ends. It is a conservatism that ridicules F. A. Hayek and Barry Goldwater while embracing Teddy and even Franklin Roosevelt. Unless conservatives return to their small-government roots, Tanner warns, the electoral defeat of 2006 is just the beginning. Please join us for a lively discussion with distinguished commentators.