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 People’s Money: How Voters Will Balance the Budget and Eliminate the Federal Debt
Featuring the author Scott Rasmussen, Founder and President, Rasmussen Reports; with comments by Sean Trende, Senior Elections Analyst, RealClearPolitics; and Michael Barone, Senior Political Analyst, Washington Examiner; moderated by Michael D. Tanner, Senior Fellow, Cato Institute.
For years, political observers have blamed voters for Washington’s failure to balance the budget and reform entitlements, claiming that voters support a balanced budget in the abstract, but are unwilling to support the types of cuts actually needed to achieve that balance. But, in his new book, leading political pollster Scott Rasmussen says that Americans are willing to support the necessary changes if politicians provide the leadership required. Drawing on a comprehensive review of history, revelatory budgetary documents, and enlightening public opinion polls, Rasmussen lays out a step-by-step budget that could wipe out trillions of dollars from the national debt.