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.
Should the United States Be More Like Scandinavia?
Featuring Johnny Munkhammar, Program Director, Timbro, Sweden; Ezra Klein Writing Fellow, American Prospect;
and Dan Mitchell, Senior Fellow, Cato Institute.
Most of Western Europe suffers from high taxes, high unemployment, and low growth rates, but some observers see Scandinavia as an exception that has managed to combine an extensive welfare state with robust economic growth. New Republic recently lauded Denmark as an example for the United States to follow. Should the United States adopt the Scandinavian model? What are the real lessons from Denmark, Norway and Sweden?