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.
The Watchers: The Rise of America’s Surveillance State
Since long before the attacks of September 11, 2001, government officials have been working to devise systems that would “connect the dots” and predict the next national security incident. As recent events have shown, this goal continues to elude the national security bureaucracy. But its information-gathering capabilities continue to grow. The government can now spy on Americans with an ease that was impossible — and illegal — just a few years ago.
In his book, The Watchers: The Rise of America’s Surveillance State, Shane Harris of National Journal draws on his deep reservoir of contacts with some of the most significant national security players to tell how the dream of protective government omniscience evolved from a fancy of right-wing technocrats to a cornerstone of the Obama administration’s counterterrorism policies. Join us for a discussion of the book by the author, with commentary from one of the surveillance state’s top observers and critics.