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.
Obama’s Fiscal Commission and the GOP Budget Agenda
Featuring Chris Edwards, Director of Tax Policy Studies, Cato Institute; Daniel J. Mitchell, Senior Fellow, Cato Institute; Michael D. Tanner, Senior Fellow, Cato Institute; and Christopher A. Preble, Director of Foreign Policy Studies, Cato Institute. Moderated by Brandon Arnold, Director of Government Affairs, Cato Institute.
The president’s fiscal commission has unveiled serious proposals to cut programs, restrain the growth of spending, and reduce the federal government’s huge budget deficit. The commission’s report provides numerous fiscal policy ideas for the large class of new Republican members who are eager to fix the federal fiscal mess while the prospects for budget restraint look promising. How should the GOP propose cutting discretionary spending and reforming entitlement programs? Should they consider increasing taxes? Which of the commission’s proposals should the president embrace? How can the GOP address the bloated military budget? Please join our panelists as they answer these questions and discuss other fiscal challenges facing our country.