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 Jason Sorens, University of Buffalo (SUNY); and William Ruger, Texas State University–San Marcos; with comments by Michael Barone, Washington Examiner and The Almanac of American Politics; moderated by John Samples, Cato Institute.
In the new edition of their study “Freedom in the 50 States: An Index of Personal and Economic Freedom,” published by the Mercatus Center at George Mason University, political scientists Jason Sorens and William Ruger comprehensively rank the American states on their public policies that affect individual freedoms in the economic, social, and personal spheres. Two intriguing findings of the statistical analysis are that Americans are voting with their feet and moving to states with more economic and personal freedom and that economic freedom correlates with economic growth.