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 Joshua Rovner, U.S. Naval War College; Joshua Foust, American Security Project; Malou Innocent, Cato Institute; and Michael O’Hanlon, Brookings Institution; moderated by Justin Logan, Cato Institute.
After nearly 10 years of war in Afghanistan and with Osama bin Laden at the bottom of the ocean, can the United States fundamentally scale back its objectives in that country? Joshua Rovner, coauthor of a new Cato study, says yes. He argues for significantly changing America’s mission in ways that would allow for drawdowns of between 80,000 and 90,000 U.S. troops. Malou Innocent will discuss approaches to regional diplomacy that could facilitate a large-scale drawdown. Joshua Foust will discuss the prospects for negotiations with elements of the Taliban as a way to implement strategic change. Drawing on his recent travels to the region, Michael O’Hanlon will describe his more favorable and supportive view of the current strategy in Afghanistan as compared to the alternatives.