Featuring Dov S. Zakheim, Senior Advisor, Center for Strategic and International Studies; Mackenzie Eaglen, Resident Fellow at the Marilyn Ware Center for Security Studies, American Enterprise Institute; Todd Harrison, Senior Fellow, Defense Budget Studies, Center for Strategic and Budgetary Assessments; and Christopher A. Preble, Vice President for Defense and Foreign Policy Studies, Cato Institute; moderated by Kate Brannen, Senior Reporter, Foreign Policy.
In the new issue of Regulation, economist Pierre Lemieux argues that the recent oil price decline is at least partly the result of increased supply from the extraction of shale oil. The increased supply allows the economy to produce more goods, which benefits some people, if not all of them. Thus, contrary to some commentary in the press, cheaper oil prices cannot harm the economy as a whole.
Two long wars, chronic deficits, the financial crisis, the costly drug war, the growth of executive power under Presidents Bush and Obama, and the revelations about NSA abuses, have given rise to a growing libertarian movement in our country – with a greater focus on individual liberty and less government power. David Boaz’s newly released The Libertarian Mind is a comprehensive guide to the history, philosophy, and growth of the libertarian movement, with incisive analyses of today’s most pressing issues and policies.
Featuring Tom Miller, Director, Health Policy Studies, Cato Institute.
Medicare suffers from multiple chronic conditions. Its Hospital Insurance Trust Fund just lost four more years of fiscal life expectancy. Overall spending for Medicare keeps growing faster than the economy. The benefit package remains out of date and fails to protect seniors against catastrophic costs. Medicare bureaucrats set the prices of thousands of services but know the market value of very few of them. On March 3 President Bush proposed a new framework for modernizing and improving Medicare, but he left most of the details to Congress. Will this year’s version of Medicare reform deliver market-based health care to seniors? Or will Medicare reform simply mean more money spent on an expanded version of the traditional program? Join Cato’s Tom Miller as he explains, not just where Medicare policy is headed, but where it should go.