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 Paul Cantor, Clifton Waller Barrett Professor of English, University of Virginia, Author, Gilligan Unbound: Pop Culture in the Age of Globalization
Why are libertarian themes suddenly cropping up throughout American pop culture? The popular and irreverent cartoon series South Park has been pursuing a libertarian agenda since its inception in 1997, mercilessly skewering the forces of political correctness in our society. The animated feature The Incredibles—one of the most successful and critically acclaimed films of 2004—celebrates the extraordinary individual in a way that called to mind Ayn Rand for many commentators. And Martin Scorsese’s The Aviator—a film biopic about Howard Hughes—dares to portray a businessman as a hero, a true visionary who risks his own money to build the world of the future while battling a corrupt government in the name of free competition. In these and other developments, Paul Cantor sees a new trend in American pop culture, and analyzes what it means for the future of libertarianism.