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.
Markets vs. Standards: Debating the Future of American Education
Featuring Sol Stern, Senior Fellow, Manhattan Institute; Gary Huggins, Director, Commission on No Child Left Behind, Aspen Institute; Andrew Coulson, Director, Center for Educational Freedom, Cato Institute; and John Merrifield, Professor of Economics, University of Texas at San Antonio. Moderated by
Ben Wildavsky, Senior Fellow in Research and Policy, Ewing Marion Kauffman Foundation.
A quarter century ago, A Nation at Risk shook the country and energized two education reform movements: school choice, and government-driven standards and accountability. For years, proponents of these reforms coexisted, even cooperated, but rifts have begun to appear. “Instructionists” now argue that markets without government standards are doomed to fail, while market reformers assail government standards as futile and anti-competitive. Please join our panelists as they debate the role of these reforms in fixing American education, 25 years after A Nation at Risk.