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Cato Journal
An Interdisciplinary Journal of Public Policy Analysis
Cato Journal is America's leading free-market public policy journal. Every issue is a valuable resource for scholars concerned with questions of public policy, yet it is written and edited to be accessible to the interested lay reader. Clive Crook of The Economist has called it "the most consistently interesting and provocative journal of its kind."

Cato Journal's stable of writers constitutes a veritable Who's Who in business, government, and academia. Recent contributors include James M. Buchanan, Richard Epstein, Milton Friedman, Alan Greenspan, Robert Higgs, Václav Klaus, Justin Yifu Lin, Allan H. Meltzer, Charles Murray, William Niskanen, Douglass C. North, José Piñera, Anna J. Schwartz, John B. Taylor, and Lawrence H. White.

ISSN 0273-3072

Current Issue

Volume 30 Number 2, Spring/Summer 2010

Restoring Global Financial Stability: Part 1

James A. Dorn
Editor's Note
(PDF, 4 pp., 62Kb)

James M. Buchanan
The Constitutionalization of Money
(PDF, 8 pp., 76Kb)

Zanny Minton Beddoes
Creating Financial Harmony: What Role for Government versus the Market?
(PDF, 6 pp., 64Kb)

Deepak Lal
The Great Crash of 2008: Causes and Consequences
(PDF, 14 pp., 112Kb)

Allan H. Meltzer
Learning about Policy from Federal Reserve History
(PDF, 32 pp., 238Kb)

Charles W. Calomiris
Reassessing the Fed's Regulatory Role
(PDF, 12 pp., 97Kb)

Richard W. Fisher
Paradise Lost: Addressing Too Big to Fail
(PDF, 10 pp., 88Kb)

Thomas M. Humphrey
Lender of Last Resort: What It Is, Whence It Came, and Why the Fed Isn’t It
(PDF, 32 pp., 236Kb)

George Melloan
Assessing the Financial Market Damage
(PDF, 8 pp., 73Kb)

William Poole
Is a Benign Dollar Policy Wise?
(PDF, 10 pp., 162Kb)

Eswar Prasad
The World Economy: Bottoming Out or a Respite before the Next Crunch?
(PDF, 8 pp., 71Kb)

Benn Steil
Debt and Systemic Risk: The Contribution of Fiscal and Monetary Policy
(PDF, 6 pp., 67Kb)

Peter J. Wallison
Government Housing Policy and the Financial Crisis
(PDF, 10pp., 93Kb)

Book Reviews

Economic Contractions in the United States: A Failure of Government
by Charles Rowley and Nathanael Smith
Reviewed by Mark Calabria
(PDF, 3 pp., 55Kb)

Plunder! How Public Employee Unions Are Raiding Treasuries, Controlling Our Lives, and Bankrupting the Nation
by Steven Greenhut
Reviewed by Chris Edwards
(PDF, 4 pp., 62Kb)

Mind vs. Money: The War between Intellectuals and Capitalism
by Alan S. Kahan
Reviewed by Jason Kuznicki
(PDF, 5 pp., 68Kb)



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