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.
Featuring Joseph diGenova, Former U.S. Attorney; Randy Barnett, Boston University School of Law; Sally Satel, American Enterprise Institute; Dennis Knizely, Criminal Defense Attorney.
A recent poll suggests that most Americans regard our nation’s drug war as a policy failure. Yet the public continues to support traditional drug war strategies, such as interdicting drugs at the border and arresting and incarcerating drug dealers and users. Policymakers also seem to be divided about the future direction of drug policy. Federal officials, for example, are pouring more resources into Latin America even as an increasing number of states are passing medical marijuana initiatives and other policies indicating leniency. Is it time to escalate and expand the war against drugs? If so, should policy initiatives focus on interdiction, education, incarceration, or treatment of offenders? Should efforts go beyond our own territories? Alternatively, is it time to reverse course and move toward the decriminalization or legalization of drugs? Join us for a vigorous exchange of views on those questions.