Featuring David Boaz, Executive Vice President, Cato Institute; and Matt Welch, Editor in Chief, Reason; vs. Ramesh Ponnuru, Columnist and Senior Editor, National Review; and Conor Friedersdorf, Staff Writer, The Atlantic; moderated by David Kirby, Vice President and Senior Fellow, Cato Institute.
Every imaginable product and service has a price, and yet there is something different about pricing prescription medicines. In the new issue of Regulation, Charles L. Hooper and David R. Henderson say that to “fix” drug pricing, we need more competition, more cost sharing, and the liberalization of some regulations. Also in this issue, Larry Downes describes how rent-seeking and public choice have put a telecom deregulation success story at risk, and Jason Scott Johnston looks at the social cost of carbon – how is it derived and how is it used to justify America’s climate policy?
Published in the wake of the Supreme Court’s landmark decision in Kelo v. New London, Cornerstone of Liberty: Property Rights in 21st Century America made a powerful contribution to the firestorm of interest in protecting property rights. Now in its second edition, Cornerstone of Liberty has been fully updated by authors Timothy and Christina Sandefur, and examines how dozens of new developments in courtrooms and legislatures across the country have shifted the landscape of private property rights since 2005.
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.
Terms of Engagement: How Our Courts Should Enforce the Constitution’s Promise of Limited Government
Featuring the author Clark Neily, Senior Attorney, Institute for Justice; with comments by M. Edward Whelan III, President, Ethics and Public Policy Center; moderated by Roger Pilon, Director, Center for Constitutional Studies, Cato Institute
The Constitution was designed to limit government power and protect individuals from oppressive regulation and the tyranny of majorities. But those protections are meaningless if judges aren’t committed to enforcing them. America’s judges have largely abdicated that responsibility. Instead of judging the constitutionality of government action, courts too often simply rationalize it. The problem lies not with the Constitution but with courts’ reflexive deference to the other branches of government. From the abandonment of federalism to open disregard for property rights and economic freedom, the Supreme Court consistently protects power at the expense of liberty. Terms of Engagement combines real-world examples of the harm wrought by judicial abdication with a rigorous case for a more engaged judiciary, offering both an indictment of the current system and a guide to reform.