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.
Securing Land Rights for Chinese Farmers: The Progress So Far
Featuring Roy Prosterman, Chair Emeritus, Rural Development Institute; and
Zhu Keliang, East Asia Program Manager, Rural Development Institute; moderated by
Ian Vasquez, Director, Center for Global Liberty and Prosperity, Cato Institute
Between 700 and 800 million Chinese, more than half of China’s population, are still rural. Economic reforms have helped Chinese farmers, but rural China is falling further and further behind urban China. The lack of land rights for rural Chinese is a major cause of the disparity and a major source of social instability. Secure land rights would allow farmers to increase investments, improve productivity and accumulate wealth. In recent years, the Chinese government has passed laws to make those rights more secure. Based on their 2008 survey of farmers in 17 provinces, Roy Prosterman and Zhu Keliang will assess the current status of farmers’ rights, document ongoing violations, and propose policies that would do much more to give farmers legal security in their land.