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.
The One-Drop Rule in Hawaii? The Akaka Bill and the Future of Race-Based Government
Featuring Jere Krischel, Grassroot Institute of Hawaii, Elaine Willman, Citizens Equal Rights Alliance, Andresen Blom, Research Institute for Hawaii, and Ilya Shapiro, Cato Institute.
The Native Hawaiian Government Reorganization Act—known as the “Akaka Bill”-would grant “native Hawaiians” federal recognition akin to that now enjoyed by Indian tribes. The bill creates a special authority that would exempt sufficiently ethnic Hawaiians from certain aspects of federal and state power. Having already passed the House and been reported out of Senate committee, the Akaka Bill is now due to be taken up by the full Senate. President Bush has promised a veto—citing the U.S. Civil Rights Commission’s conclusion that it “would discriminate on the basis of race … and further subdivide the American people into discrete subgroups accorded varying degrees of privilege.”
Are these sorts of measures simply a matter of long-delayed justice? Does the Akaka Bill satisfy constitutional guarantees of equal protection and due process? What kind of precedent would it establish for other ethnic groups? And what would be the economic effects on businesses and tourism in Hawaii? Please join us for a discussion of these and other political, economic, legal, and historical issues.