Featuring Elizabeth Cobbs, Producer and Writer, American Umpire; with comments by Derek Chollet, Counselor and Senior Advisor, Security and Defense Policy, German Marshall Fund; Heather Hurlburt, Director of New Models of Policy Change, New America; and Thomas Wright, Fellow and Director of the Project on International Order and Strategy, Brookings Institution; moderated by Christopher Preble, Vice President for Defense and Foreign Policy Studies, Cato Institute.
Unconventional monetary policy—characterized by “zero interest rate policy” (ZIRP) and “quantitative easing” (QE), along with macro-prudential regulation—has increased the power of central banks in the United States, Japan, and Europe. In the new issue of Cato Journal, contributors revisit the thinking behind unconventional monetary policy and the “new monetary framework,” make the case for transparent monetary rules versus foggy discretion, and point to the distortions generated by ultra-low interest rates and preferential credit allocation.
When the Danish newspaper Jyllands-Posten published the cartoons of the prophet Muhammad in 2005, Denmark found itself at the center of a global battle about the freedom of speech. The paper’s culture editor, Flemming Rose, defended the decision to print the 12 drawings, and he quickly came to play a central part in the debate about the limitations to freedom of speech in the 21st century. In The Tyranny of Silence, Flemming Rose provides a personal account of an event that has shaped the debate about what it means to be a citizen in a democracy and how to coexist in a world that is increasingly multicultural, multireligious, and multiethnic.
The Cato Institute has released its 2015 Annual Report, which documents a dynamic year of growth and productivity. The thousands of individuals who contribute to Cato are passionate about freedom and committed to ensuring that future generations enjoy the blessings of liberty, unencumbered by an overreaching state that seeks to control their lives. This is Cato’s optimistic vision for the future, and it would be unimaginable without the Institute’s longstanding partnership with its Sponsors. We will continue our diligence and dedication to seeing this vision realized.
Featuring Rep. Paul Ryan, Ranking Member, House Committee on the Budget; Chris Edwards, Senior Fellow, Cato Institute; and Michael Tanner, Senior Fellow, Cato Institute.
Even by Washington standards, President Obama’s budget blueprint is astounding in its big-government ambitions: massive deficits, a huge health care plan, enormous global warming taxes, new subsidy programs, and punishing tax hikes on individuals, small businesses, and multinational corporations. Public debt is expected to soar from 41 percent of the economy in 2008 to 67 percent by 2011. What are the prospects for the Obama plans on health care, tax hikes, and spending increases becoming law? How will economic growth and freedom be affected? Please join Rep. Paul Ryan (R-WI) and Cato scholars Chris Edwards and Michael Tanner to analyze the scope and implications of President Obama’s agenda.