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.
Water for Sale: How Business and the Market Can Resolve the World’s Water Crisis
Featuring the author Fredrik Segerfeldt,
Confederation of Swedish Enterprise; with comments by Wenonah Hauter, Public Citizen.
There is plenty of water in the world, yet more than a billion people worldwide lack access to clean and safe water, and some 12 million people die annually as a result. Those afflicted live mainly in poor countries where 97 percent of water distribution is run by the public sector. Fredrik Segerfeldt will describe how a small number of poor countries in recent years have turned to the private sector for help, with notably better results. According to Segerfeldt, the very poor have the most to gain from privatization because the rates they pay fall dramatically once private firms connect them to the water network. Wenonah Hauter will explain why she believes privatization should be stopped and water continue to be publicly managed.