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.
The Worm in the Apple: How the Teacher Unions Are Destroying American Education
Featuring the author, Peter Brimelow; with comments by Jay Mathews, Washington Post.
The state of public education has been on the center stage of political discussion in America for years. There is widespread agreement that our school system needs a massive dose of innovation and reform. In his new book, Peter Brimelow argues that no educational reforms, however worthy, can work unless something is done about a central problem in the system: the teacher unions. Equating modern teacher unions with the monopolies and trusts that dominated headlines a century ago, The Worm in the Apple exposes teacher unions as a parasite that feeds off the school system. Brimelow paints an alarming picture of the vested interests that have damaged our nation’s schools and offers a clarion call to rescue both teachers and students from the grip of an outdated, overgrown bureaucracy. He will also outline his prescription for changing the situation. Jay Mathews will provide his perspective and critique of Brimelow’s book.