Unconventional monetary policy—characterized by “zero interest rate policy” (ZIRP) and “quantitative easing” (QE), along with macro-prudential regulation—has increased the power of central banks in the United States, Japan, and Europe. In the new issue of Cato Journal, contributors revisit the thinking behind unconventional monetary policy and the “new monetary framework,” make the case for transparent monetary rules versus foggy discretion, and point to the distortions generated by ultra-low interest rates and preferential credit allocation.
When the Danish newspaper Jyllands-Posten published the cartoons of the prophet Muhammad in 2005, Denmark found itself at the center of a global battle about the freedom of speech. The paper’s culture editor, Flemming Rose, defended the decision to print the 12 drawings, and he quickly came to play a central part in the debate about the limitations to freedom of speech in the 21st century. In The Tyranny of Silence, Flemming Rose provides a personal account of an event that has shaped the debate about what it means to be a citizen in a democracy and how to coexist in a world that is increasingly multicultural, multireligious, and multiethnic.
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.
Welcome to Washington: Networking for Career Advancement
The Cato Institute, America's Future Foundation, and the Institute for Humane Studies invite you to a Young Professionals Event
Featuring Cynthia Bell, Reason Foundation; Alex Nowrasteh, Cato Institute; Robby Soave, Daily Caller; and Annie Dwyer, Rep. Lynn Jenkins.
Each summer, thousands of young professionals descend on D.C., hoping to make a name for themselves and land their dream job. With so many bright young leaders vying for the same opportunities, how can you stand out from the pack while also having some fun along the way? Find out Wednesday, June 26, as the Cato Institute, America’s Future Foundation, and the Institute for Humane Studies bring together young professionals from think tanks, advocacy groups, and the Hill for a crash course in creative networking and how to land a job.
Mingle with your newest peers during our rooftop reception, and hear from our panel of D.C. up-and-comers as they share their success stories and offer tips for getting the most out of your time in the city. This event will fill up quickly, so be sure to RSVP today!