Featuring Dov S. Zakheim, Senior Advisor, Center for Strategic and International Studies; Mackenzie Eaglen, Resident Fellow at the Marilyn Ware Center for Security Studies, American Enterprise Institute; Todd Harrison, Senior Fellow, Defense Budget Studies, Center for Strategic and Budgetary Assessments; and Christopher A. Preble, Vice President for Defense and Foreign Policy Studies, Cato Institute; moderated by Kate Brannen, Senior Reporter, Foreign Policy.
In the new issue of Regulation, economist Pierre Lemieux argues that the recent oil price decline is at least partly the result of increased supply from the extraction of shale oil. The increased supply allows the economy to produce more goods, which benefits some people, if not all of them. Thus, contrary to some commentary in the press, cheaper oil prices cannot harm the economy as a whole.
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 Jagadeesh Gokhale, Senior Fellow, Cato Institute; Former Rep. Jim Kolbe, (R-AZ) Senior Transatlantic Fellow, The German Marshall Fund of the United States; and Former Rep. Charles Stenholm (D-TX), Senior Policy Advisor, Olsson Frank Weeda PC.
Experts and practitioners of federal budget policies across the political spectrum recognize that America’s fiscal trajectory is unsustainable — especially because of the effects of changing demographic and economic forces on the finances of entitlement programs such as Social Security and Medicare. Although many recognize that delays make achieving sustainable reforms more difficult, a key requirement for sensible reforms is proper projections and estimates of entitlement program finances. In a new book from the University of Chicago Press, Social Security: A Fresh Look at Policy Alternatives, Jagadeesh Gokhale argues that the government’s methods for estimating the program’s outlook seriously underestimate its imbalance. He develops a more detailed approach and evaluates six reform proposals — two liberal, two centrist, and two conservative — to demonstrate how far they resolve Social Security’s imbalance and who bears the costs under each. Joining him at this event are two coauthors of a centrist reform plan to explain why achieving Social Security reform with broad bipartisan support remains a key national goal and how it can be achieved.