Featuring David Walker, Former Comptroller General, Government Accountability Office; David Wessel, Director, Hutchins Center, Brookings Institution; and Mark Calabria, Director, Financial Regulation Studies, Cato Institute; moderated by Josh Zumbrun, Reporter, Wall Street Journal.
For libertarians, the basic unit of social analysis is the individual. Individuals are, in all cases, the source and foundation of creativity, activity, and society. In the new issue of Cato Policy Report, Cato scholar David Boaz, author of The Libertarian Mind: A Manifesto for Freedom, explains the roles and rights of individuals in a free society, and cautions against a vision of a world in which individuals have no way to cooperate with others except through the state.
The main impediment to the resolution of environmental policy disputes may be the unwillingness of the participants to accept any definition of initial property rights. Instead they prefer to use the political system to engage in continuous wealth and property rights disputes.
Two long wars, chronic deficits, the financial crisis, the costly drug war, the growth of executive power under Presidents Bush and Obama, and the revelations about NSA abuses, have given rise to a growing libertarian movement in our country – with a greater focus on individual liberty and less government power. David Boaz’s newly released The Libertarian Mind is a comprehensive guide to the history, philosophy, and growth of the libertarian movement, with incisive analyses of today’s most pressing issues and policies.
Featuring the author, Manuel Hinds, former minister of finance of El Salvador; with comments by Steve Hanke, Professor of applied economics at Johns Hopkins University, and Senior Fellow, Cato Institute.
Poor countries should not forgo the benefits of dollarizing their economies in the name of having a currency they can call their own. Manuel Hinds, an architect of El Salvador’s dollarization, will challenge conventional thinking about monetary sovereignty and optimal currency areas. The sorry record of central banks in developing countries is not the only reason to favor the use of a hard currency. Without an internationally tradable currency, developing countries are walled off from the globalized financial system, thus raising the cost of business and increasing risk and uncertainty in the economy. Steve Hanke will discuss how the book’s insights relate to currency experiences in countries as diverse as Ecuador and Montenegro.