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History has shown that monetary stability — money growth consistent with a stable and predictable value of money — is an important determinant of economic stability. As capital markets become more sophisticated, they are simultaneously more crucial to the functioning of a complex economy and more difficult for policymakers to understand. Cato's analysts study the workings of the capital markets, the value of free flows of capital, and the burdens imposed on markets by regulation.
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Shifting Superpowers: The New and Emerging Relationship between the United States, China, and India
Shifting Superpowers aims to energize the debate over the proper direction of U.S. foreign policy in the changing Asian landscape. It urges America to adapt to the realities of a world in which China and India are pursuing their own interests as superpowers, and in which China is not automatically America's enemy, while India is not consistently America's ally.
Gridlock: Why We're Stuck in Traffic and What to Do About It
America's transportation system is on the verge of collapse, and Gridlock reveals how we got into this mess and how to fix it by focusing on free market improvements to methods of transportation that pay for themselves and increase everyone's mobility.