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 the Hon. Cal Dooley, President and CEO, Grocery Manufacturers/Food Products Association, and Daniel Griswold, Director, Center for Trade Policy Studies, Cato Institute.
Every U.S. president since 1974 has been granted authority by Congress to negotiate agreements with other nations to expand trade. At the end of June, the Bush administration’s ability to negotiate such agreements and submit them to Congress for an up-or-down vote, known as Trade Promotion Authority, will expire. Advocates say trade agreements promote economic growth, while Democratic leaders in Congress have vowed not to renew TPA without tougher language requiring other countries to improve their labor and environmental standards. How reasonable are the objections to TPA renewal? How important is TPA to successful completion of the Doha Round in the World Trade Organization? A former Democratic congressman and key player in U.S. trade policy will join a Cato trade expert to examine the looming battle over TPA.