Featuring David Walker, Former Comptroller General, Government Accountability Office; David Wessel, Director, Hutchins Center, Brookings Institution; and Mark Calabria, Director, Financial Regulation Studies, Cato Institute; moderated by Josh Zumbrun, Reporter, Wall Street Journal.
For libertarians, the basic unit of social analysis is the individual. Individuals are, in all cases, the source and foundation of creativity, activity, and society. In the new issue of Cato Policy Report, Cato scholar David Boaz, author of The Libertarian Mind: A Manifesto for Freedom, explains the roles and rights of individuals in a free society, and cautions against a vision of a world in which individuals have no way to cooperate with others except through the state.
Two long wars, chronic deficits, the financial crisis, the costly drug war, the growth of executive power under Presidents Bush and Obama, and the revelations about NSA abuses, have given rise to a growing libertarian movement in our country – with a greater focus on individual liberty and less government power. David Boaz’s newly released The Libertarian Mind is a comprehensive guide to the history, philosophy, and growth of the libertarian movement, with incisive analyses of today’s most pressing issues and policies.
Featuring the authors Steve Forbes, Chairman and Editor-in-Chief, Forbes Media; and Elizabeth Ames, President, BOLDE Communications; with comments by Steve H. Hanke, Professor of Applied Economics, The Johns Hopkins University, and Senior Fellow, Cato Institute; moderated by James A. Dorn, Vice President for Monetary Studies and Senior Fellow, Cato Institute.
In Money: How the Destruction of the Dollar Threatens the Global Economy, Steve Forbes and coauthor Elizabeth Ames explain how the lack of any anchor for the U.S. dollar after President Nixon closed the gold window in August 1971 has increased uncertainty and put us on a pure discretionary government fiat money system. The Federal Reserve, now in its 100th year of operation, has become a central bank that serves as the fiscal agent of a profligate government, not the guardian of sound money. The authors argue that the 2008 financial crisis would not have occurred under a true gold standard, nor would government have become the bloated Leviathan it now is. They advocate returning to the hallmark of a liberal economic order — namely, a stable-valued dollar convertible into gold.