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 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.