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.
The Tyranny of Experts: Economists, Dictators, and the Forgotten Rights of the Poor
Featuring the author William Easterly; Professor of Economics, New York University; moderated by Ian Vasquez, Director, Center for Global Liberty and Prosperity, Cato Institute.
The technocratic approach to ending global poverty favored by development experts often strengthens authoritarian governments and neglects or undermines the preferences and personal choices of poor people. William Easterly will explain why a different branch of economics emerged for poor countries and how it has served the interests of decisionmakers in powerful countries, political leaders in poor countries, and humanitarians in rich countries. Join us to hear Professor Easterly make a case in favor of liberty that has so far been disregarded by the experts: poverty can only be ended and development sustained by respecting the individual rights of the world’s poor.