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.
Liberty for Latin America: How to Undo Five Hundred Years of State Oppression
Featuring the author Alvaro Vargas Llosa, with comments by Michael Shifter,
Inter-American Dialogue, and moderated by
Ian Vásquez, Cato Institute.
Latin America was supposed to have ushered in a new era of prosperity with market reforms in the 1990s. Instead, the region saw low growth, financial crises, political instability, and the spectacular
economic collapse of Argentina. What went wrong? Peruvian journalist Alvaro Vargas Llosa will explain that the region’s disappointing performance
is part of a long historical pattern in which reforms of the left and right have typically failed. State oppression has been a constant since at least the Spanish conquest, and it continues to preempt good policies and undermine the efforts of Latin Americans to lift themselves out of poverty. Vargas Llosa will suggest a way out for Latin America, and Michael Shifter will comment on the book’s relevance to the region’s current condition.