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.
Power Grab: European Integration in the Post-Democratic Age
Featuring Frits Bolkestein, Former EU Commissioner for Internal Market and Services; John R. Gillingham, Board of Curators Professor, University of Missouri-St. Louis; and Angelos Pangratis, Deputy Head of the EU Delegation to the United States; moderated by Marian Tupy, Policy Analyst, Center for Global Liberty and Prosperity, Cato Institute.
The Lisbon Treaty of 2009 massively increased the powers of Brussels and gave the European Union its own resident and foreign service. Supporters of Lisbon claim that it will make the EU more efficient and effective. Critics say that the treaty, which was adopted in spite of its rejection in several national referenda, will further deepen Europe’s “democratic deficit.” Other events, including the violation of the legal arrangements prohibiting the recent bailout of Greece, raise questions about the EU’s commitment to the rule of law. By transcending nationalism, the EU was meant to be the way of the future. Today, however, many associate it with an unelected and unaccountable bureaucracy. Please join us for a discussion about the accomplishments and controversies surrounding the European project.