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.
Why Men Earn More: The Startling Truth Behind the Pay Gap – and What Women Can Do about It
The Startling Truth Behind the Pay Gap–and What Women Can Do About It
Warren Farrell, the only man to have been elected three times to the National Organization for Women’s New York board of directors, is the author of such books as The Myth of Male Power and Why Men Are the Way They Are. In his new book, he argues that women earn less than men on average not because they are discriminated against, but because they have made lifestyle choices that affect their ability to earn. Why Men Earn More argues that although discrimination sometimes plays a part, both men and women unconsciously make trade-offs that affect how much they earn. Farrell clearly defines the 25 different workplace choices that affect incomes–including putting in more hours at work, taking riskier jobs or more hazardous assignments, being willing to change location, and training for technical jobs that involve less people contact–and provides readers with specific, research-supported ways for women to earn higher pay.