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.
Will Internet Telephony Bring About a Revolution in Telecom Policy?
Featuring J. Scott Marcus, Federal Communications Commission; Link Hoewing, Verizon; Brad Ramsay, National Association of Regulatory Utility Commissioners; Marilyn Cade, AT&T; and Jeff Pulver, Pulver.com.
Many Internet engineers and technologists have long dreamed about a day when voice over Internet protocol (VoIP) service, or “Internet telephony,” would supplement if not totally supplant, traditional analog, circuit-switched communications networks. This dream may soon become a reality as the VoIP service has blossomed and is increasingly being used by consumers to bypass traditional phone lines and regulations. The revolutionary impact of VoIP has not gone unnoticed by policy makers, however, as discussions are underway at the federal and state level about how to regulate Internet telephony as it grows more popular. Should VoIP be treated like traditional telecommunications services and regulated and taxed accordingly, or is a new regulatory regime in order? And can VoIP be regulated at all given the ubiquitous nature of Internet communications? These issues will be discussed by a diverse panel of industry experts.