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 Lewis E. Lehrman, Author, Money, Gold, and History, Founder and Chairman, Lehrman Institute; and Addison Wiggin, Executive Publisher, Agora Financial, LLC; moderated by Mark Calabria, Director of Financial Regulation Studies, Cato Institute.
Lewis E. Lehrman, President Ronald Reagan’s gold commissioner and co-signer of the iconic commission minority report, The Case for Gold, will make a rare Washington, D.C., public appearance to debut his latest work, Money, Gold, and History. In his new book, Lehrman, founder and chairman of the Lehrman Institute, compiles many of his key writings from almost 40 years of publications and complements them with new and important essays on the classical gold standard. Among the works included are his testimonies at the request of former representative Ron Paul before the House Subcommittee on Domestic Monetary Policy, his address before the Parliament of France, and many essays in leading publications, including the Wall Street Journal, the American Spectator, and the Weekly Standard. Lehrman, a student of iconic French economist Jacques Rueff, and author of the critically acclaimed book The True Gold Standard, is a preeminent advocate of restoring a modern classical gold standard.