The right to earn a living and enjoy the fruits of one’s labor is a fundamental human right, guaranteed by the Constitution. But government now intrudes on this right in countless ways, imposing unnecessary training requirements on workers, forbidding businesses from lowering their prices, confiscating wealth, rewriting contracts, and fostering frivolous lawsuits against business owners. In his new book, The Right to Earn A Living, Pacific Legal Foundation attorney Timothy Sandefur details the fascinating history of the Constitution’s protections for economic freedom, and describes some of the remarkable cases in which he has helped defend entrepreneurs from intrusive government. He will be joined by David E. Bernstein, the nation’s leading scholar on Lochner v. New York, the most important of the Supreme Court’s decisions on economic liberty, and Clark Neily, who heads the Institute for Justice’s litigation in defense of entrepreneurs.
Featuring Dan Ikenson, Director, Herbert A. Stiefel Center for Trade Policy Studies, Cato Institute; Simon Lester, Policy Analyst, Herbert A. Stiefel Center for Trade Policy Studies, Cato Institute; Daniel Pearson, Senior Fellow, Herbert A. Stiefel Center for Trade Policy Studies, Cato Institute; and Bill Watson, Policy Analyst, Herbert A. Stiefel Center for Trade Policy Studies, Cato Institute.
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In this issue of the Cato Journal, economists Geoffrey Black, D. Allen Dalton, Samia Islam, and Aaron Batteen offer one prominent example of allowing the market to work. Also in this issue, economists Jason E. Taylor and Jerry L. Taylor reexamine the relationship between marginal tax rates and U.S. growth, and Robert Krol looks at bias in CBO and OMB economic forecasts.
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The 2008-2009 financial crisis and Great Recession have vastly increased the power and scope of the Federal Reserve, and radically changed the financial landscape. This new ebook examines those changes and considers how the links between money, markets, and government may evolve in the future.