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.
McCutcheon v. FEC: Two Books on the Supreme Court’s Latest Campaign Finance Case
Featuring Shaun McCutcheon, CEO, Coalmont Electrical Development Co., and Author, Outsider Inside the Supreme Court: A Decisive First Amendment Battle; Ronald Collins, Harold S. Shefelman Scholar, University of Washington Law School, and Co-Author, When Money Speaks: The McCutcheon Decision, Campaign Finance Laws, and the First Amendment; and Donald McGahn, Partner, Jones Day LLP, and Former Chairman, Federal Election Commission; moderated by Ilya Shapiro, Senior Fellow in Constitutional Studies, Cato Institute.
On April 2, the Supreme Court issued its latest blockbuster ruling on campaign finance, McCutcheon v. FEC, striking down the “aggregate” contribution limits on how much money any one person can contribute to election campaigns (leaving untouched the “base” limits on donations to individual candidates or party committees). Within days of the decision, while pundits and activists were still battling in the media, two e-books were published about the case. One was by Shaun McCutcheon himself, an Alabama engineer who has quickly gone from political neophyte to Supreme Court plaintiff, thus providing a rare first-person layman’s account of high-stakes litigation. The other was by two law professors specializing in the First Amendment, Ronald Collins and David Skover, who dissect the Court’s ruling and put it in the broader context of campaign finance regulation. Please join us to hear about McCutcheon and its implications for our political system from authors with unique perspectives on the subject.