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.
Featuring Tim Reif, General Counsel, Office of the U.S. Trade Representative; Anne Kim, Economic Program Director, Third Way; and Dan Ikenson, Associate Director, Center for Trade Policy Studies, Cato Institute.
The bipartisan, pro-trade consensus that served U.S. interests so well for nearly six decades collapsed during the Bush administration. Today, the direction of U.S. trade policy remains unclear to most observers. Although President Obama seems to appreciate the importance of trade and speaks about the dangers of protectionism, the 111th Congress flirts with legislation that can only be described as protectionist. What caused the collapse of the pro-trade consensus? Can that consensus be restored? Is restoration of consensus a requirement of meaningful and effective trade policy? If so, how can it be accomplished?