Featuring Ned Mamula, Petroleum Geologist, formerly with the U.S. Geological Survey, Minerals Management Service, and the Central Intelligence Agency; moderated by Patrick Michaels, Director, Center for the Study of Science, Cato Institute.
For libertarians, the basic unit of social analysis is the individual. Individuals are, in all cases, the source and foundation of creativity, activity, and society. In the new issue of Cato Policy Report, Cato scholar David Boaz, author of The Libertarian Mind: A Manifesto for Freedom, explains the roles and rights of individuals in a free society, and cautions against a vision of a world in which individuals have no way to cooperate with others except through the state.
Two long wars, chronic deficits, the financial crisis, the costly drug war, the growth of executive power under Presidents Bush and Obama, and the revelations about NSA abuses, have given rise to a growing libertarian movement in our country – with a greater focus on individual liberty and less government power. David Boaz’s newly released The Libertarian Mind is a comprehensive guide to the history, philosophy, and growth of the libertarian movement, with incisive analyses of today’s most pressing issues and policies.
Featuring Edward Pinto, Mortgage Consultant and former Chief Credit Officer at Fannie Mae; Hon. Bruce Morrison, Former Congressman and Former Chair, Federal Housing Finance Board; Robert Litan, Vice President for Research and Policy, Kauffman Foundation and Senior Fellow, Brookings Institution; Mark Stamm, Principal, Stamm Mortgage Management; and John Taylor, National Community Reinvestment Coalition. Moderated by
Mark Calabria, Director, Financial Regulation Studies, Cato Institute.
Few topics related to the recent financial crisis have generated so much heat, yet so little light, than the debate surrounding the role of the Community Reinvestment Act and its impact on mortgage lending standards. While regulators and the community groups strongly defend the act, many economists have pointed to CRA as an important driver behind the lowering of underwriting standards. The panelists will present original data and research on the impact of CRA and its role in the financial crisis.