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 Bryan Caplan, Associate Professor of Economics, George Mason University, with comments by Scott Keeter, Director of Survey Research, Pew Research Center, Coauthor of What Americans Know about Politics and Why It Matters, and Will Wilkinson, Policy Analyst and Managing Editor of Cato Unbound, Cato Institute.
In his groundbreaking new book, The Myth of the Rational Voter: Why Democracies Choose Bad Policies, economist Bryan Caplan of George Mason University argues that the quality of policymaking in democracies is poor because the incentives facing voters encourage them to choose irrationally. Drawing on survey evidence, Caplan shows that voters are systematically biased in favor of certain harmful economic policies and argues that the scope of democratic choice should be limited. Please join us for a discussion of this important and controversial new book on the quality and limits of democratic decisionmaking.