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.
Restoring Limited Constitutional Government Starts with Congress
Featuring Rep. Scott Garrett (R-NJ), Founder and Chairman, Congressional Constitution Caucus; and Roger Pilon, Vice President for Legal Affairs, and Director, Center for Constitutional Studies, Cato Institute; moderated by Brandon Arnold, Director of Government Affairs, Cato Institute.
With the 112th Congress now in session, the Constitution is finding new respect on Capitol Hill. It started during the campaign, thanks to pressure from the Tea Party. It was reflected when members in the House read the Constitution aloud on their first full day in session. And it should continue as House members are required to cite specific constitutional authority when they introduce bills. But restoring limited constitutional government will require more than simply “checking the box” — it will require a solid understanding of the document and an ability to withstand the ever-present pressure to abandon principle in favor of short-term gain. Please join us for a detailed discussion of how constitutional principle and practice go together.