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Finance, Banking & Monetary Policy

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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Economic Freedom of the World: 2011 Annual ReportEconomic Freedom of the World: 2011 Annual Report
Measures the degree to which the policies and institutions of countries are supportive of economic freedom. The cornerstones of economic freedom are personal choice, voluntary exchange, freedom to compete, and security of privately owned property.

Cato Supreme Court Review: 2010-2011Cato Supreme Court Review: 2010-2011
Now in its 10th year, this acclaimed annual publication brings together leading national scholars to analyze the Supreme Court's most important decisions from the term just ended and preview the year ahead.

Upcoming Studies from the Cato Institute

"The American Welfare State: How We Spend Nearly $1 Trillion Per Year Fighting Poverty -- and Fail," by Michael D. Tanner


"Competition in Currency: The Potential for Private Money," by Thomas Hogan