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.
Reforming America’s Health Care System: The Flawed Vision of ObamaCare
In March 2010, Congress passed a sweeping overhaul of America’s health care sector. That law, commonly known as ObamaCare, triggered a backlash in voting booths, in Congress, and in the courts. A new book from the Hoover Institution, Reforming America’s Health Care System: The Flawed Vision of ObamaCare, features health policy experts from the United States, Canada, and Western Europe who discuss what to expect from the law and alternatives to it. They examine numerous aspects of the law, including the individual mandate to buy insurance, the threats to medical innovation, the reduction of choice to consumers, and the complexities of medical malpractice reform. In addition, they examine lessons learned from state health reforms, the Canadian government’s control of access to care, and the western European governments’ oversight of comparative-effectiveness research.