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.
A Superpower in What? A Look Into the Nature of Russia’s Social Order
Featuring Julia Latynina, Independent journalist, Russia. Moderated by Andrei Illarionov, Senior Fellow, Center for Global Liberty and Prosperity, Cato Institute.
Proclaimed an energy superpower, Russia under Vladimir Putin received more than $1 trillion in revenues from oil and gas. The bonanza brought the country’s elite Swiss watches, villas on the Cote-d’Azur, and British football clubs. The Russian president has thirteen private residences and is building a dozen more. Julia Latynina, one of Russia’s leading independent journalists, will explain that while Russia may have surpassed the United States on some such measures, the country’s new wealth has not brought internal peace, functioning state institutions, or a modern economy. Instead, Russia has become the world’s largest exporter of corruption and the largest importer of legal services from the European Court of Human Rights. Please join us for this discussion on the current nature of Russia’s social order.