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.
Resolved: The Court Should Better Protect Property Rights
Featuring Roger Pilon, Vice President for Legal Affairs, Cato Institute vs. J. Peter Byrne, Faculty Director, Georgetown Environmental Policy and Law Institute
On February 22 the Supreme Court will hear oral argument in the first two of three property rights cases before it this term, Kelo v. New London and Lingle v. Chevron. Kelo asks whether government can transfer property from one person to another for the sole purpose of possible economic development. Lingle asks whether a commercial rent control scheme is constitutional when it advances no legitimate state interest. The Cato Institute and the Georgetown Environmental Policy and Law Institute filed briefs on opposite sides of the two cases. Please join us for what promises to be a spirited debate on this most basic of constitutional issues.