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.
LOST at Sea: Arguments against the Law of the Sea Treaty
Featuring Doug Bandow, Senior Fellow,
Cato Institute; Fred L. Smith Jr., President, Competitive Enterprise Institute; and Frank J. Gaffney Jr., President and CEO, The Center for Security Policy.
The Law of the Sea Treaty–pushed by the Carter administration, quietly drowned in the Reagan years, revived by Clinton but unpersuasive to the Republican Congress–is suddenly back again. With little public notice, it passed the Senate Foreign Relations Committee unanimously with the support of the Bush administration, and is quite likely to pass if it reaches the Senate floor. Our experts counsel sinking the treaty once and for all. Join us for a sobering discussion about concerns raised by the treaty, including issues of U.S. sovereignty, the regulatory burden on oceanic wealth creation, and military and foreign relations implications for the United States.