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 Property Rights After Kelo v. New London
featuring Sen. John Cornyn (R-TX) and a debate between Roger Pilon, Director, Cato Institute Center for Constitutional Studies, and John Echeverria, Executive Director, Georgetown Environmental Law and Policy Institute
The public outcry that followed the Supreme Court’s decision last June in Kelo v. New London has been loud and sustained. Americans have awakened at last to the power of government to take their homes and businesses and transfer title to others—all in the name of “economic development.” In response, legislatures across the country, including in Congress, are introducing measures to better protect the rights of owners. Sen. John Cornyn, a member of the Senate Judiciary Committee and a former justice on the Texas Supreme Court, has introduced one such bill. Please join us for a discussion of what Congress is doing to protect owners, followed by a debate over the issues at stake.