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.
The American pika (Ochotona princeps) is an insanely cute critter often found in above-timberline rock fields in the western U.S. Because they often live near mountain peaks, there’s been concern that global warming could push them over the top, to extinction.
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 Robert E. Martin, Professor Emeritus, Centre College; Kevin Carey,
Policy Director, Education Sector; George Leef, Director of Research, John W. Pope Center for Higher Education Policy; and Neal McCluskey, Associate Director, Center for Educational Freedom, Cato Institute. Moderated by Mary Beth Marklein, Education Reporter, USA Today.
Rising at a faster rate than even health care costs, the price of college is skyrocketing into the stratosphere. In The Revenue-to-Cost Spiral in Higher Education, economist Robert E. Martin posits that the problem is rooted in the ability of most colleges to succeed by maximizing their prestige rather than their profits, resulting in their spending every single dollar they get. He argues that transparency is essential and that the government should have a key role in producing it by requiring schools to report on how their money is used. But can government force colleges to open their books and reveal the true cost of their operations? And would doing so really set higher education on a road to pricing sanity? Or is another reform — curtailing abundant government student aid — the true key to stopping the college-cost spiral?
Please join us for a critical debate on how to contain out-of-control college costs.