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.
To Reform Health Care, Don’t Increase Taxes, Cut Them
Featuring Michael D. Tanner, Senior Fellow, Cato Institute and Michael F. Cannon, Director of Health Policy Studies, Cato Institute.
To cover the likely $2 trillion cost of extending health insurance coverage to the uninsured, Democratic leaders are scrambling to find ways to increase the American people’s taxes. Should Congress tax health benefits? Charitable contributions? Soda pop? Wages? The rich? Or are congressional leaders barking up the wrong tree? Is this rush to tax based on false premises? Two health policy experts from the Cato Institute—the co-authors of Healthy Competition: What’s Holding Back Health Care and How to Free It—will explain the pitfalls of tax-and-spend health care reform, as well as how true reform requires reducing the amount of money that politicians control.