Unconventional monetary policy—characterized by “zero interest rate policy” (ZIRP) and “quantitative easing” (QE), along with macro-prudential regulation—has increased the power of central banks in the United States, Japan, and Europe. In the new issue of Cato Journal, contributors revisit the thinking behind unconventional monetary policy and the “new monetary framework,” make the case for transparent monetary rules versus foggy discretion, and point to the distortions generated by ultra-low interest rates and preferential credit allocation.
In discussions about homesharing it’s important to remember that prohibitions necessarily restrict what homeowners can say about their properties while they seek to carry out peaceful and voluntary transactions.
When the Danish newspaper Jyllands-Posten published the cartoons of the prophet Muhammad in 2005, Denmark found itself at the center of a global battle about the freedom of speech. The paper’s culture editor, Flemming Rose, defended the decision to print the 12 drawings, and he quickly came to play a central part in the debate about the limitations to freedom of speech in the 21st century. In The Tyranny of Silence, Flemming Rose provides a personal account of an event that has shaped the debate about what it means to be a citizen in a democracy and how to coexist in a world that is increasingly multicultural, multireligious, and multiethnic.
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.
Who’s Counting?: How Fraudsters and Bureaucrats Put Your Vote at Risk
Featuring the authors Hans von Spakovsky, Senior Legal Fellow, The Heritage Foundation; and John Fund, National Affairs Columnist, National Review, with comments by Jeffrey Milyo, Middlebush Professor of Social Science, University of Missouri; and Jim Harper, Director of Information Policy Studies, Cato Institute; moderated by John Samples, Director, Center for Representative Government, Cato Institute.
The 2012 election may be among the closest in U.S. history. Many Americans are concerned about voter fraud, while experts wonder if the conduct of American elections has improved since 2000. In an effort to clean up our election laws, reduce fraud, and increase public confidence in the integrity of the voting system, many states have passed laws requiring a photo ID be shown at the polls and curbing the widespread use of absentee ballots, which can facilitate fraud. Critics argue that such measures seek to suppress voter turnout. Yet public confidence in the integrity of elections is at an all-time low. One poll found 62 percent of American voters thought that voter fraud was very common or somewhat common. Another survey found that 82 percent of Americans support photo ID laws. As Americans prepare again to elect a president, please join us for a lively discussion of this provocative new book on the integrity of the vote.