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 National Security Policy: A New Approach or More of the Same?
Featuring Christopher Preble,Director of Foreign Policy Studies, Cato Institute; and Benjamin Friedman, Research Fellow in Defense and Homeland Security Studies, Cato Institute;
President-elect Obama rode to victory on a promise of change. But how is he likely to change U.S. national security policy, and will these changes make us more or less secure? Will Obama embrace a different counterterrorism strategy than his predecessor, and how quickly will he remove U.S. forces from Iraq? Is his planned expansion of the Army and Marine Corps a good idea? What other changes in military spending is Obama likely to support? And should the United States continue being the world’s policeman, or can we shed some burdens without reducing our security? Please join Cato scholars Christopher Preble and Benjamin Friedman to discuss how current policies fall short and how an alternative strategy of restraint can advance U.S. security at more reasonable costs.