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 David Schoenbrod,
Professor of Law, New York Law School;
Adjunct Scholar, Cato Institute; Author, Saving Our Environment from Washington: How Congress Grabs Power, Shirks Responsibility, and Shortchanges the People (Yale University Press, 2005)
and moderated by
Jerry Taylor, Director of Natural Resource Studies, Cato Institute.
In 1970, Congress created the EPA on the theory that only a national agency insulated from accountability to voters could produce the scientifically grounded pollution rules needed to save a careless public from its own filth. But David Schoenbrod, former Natural Resources Defense Council senior attorney, has come to the conclusion that letting the EPA dictate to the nation is a mistake. In his new book, Prof. Schoenbrod argues that the EPA is a musclebound agency that, under Democrats and Republicans alike, delays good rules, imposes bad ones, and is so massive, mighty, and remote that it does unnecessary damage to our society.