April 27, 2011 11:01AM 

# Wednesday Links 

By George Scoville 

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- [New research](https://www.cato.org/pub_display.php?pub_id=12550) suggests that there has been more monetary and macroeconomic instability since the Federal Reserve’s inception than in the decades preceding it.
- [New thinking](http://www.realclearmarkets.com/articles/2011/04/26/cutting_expenditure_is_a_good_thing_98985.html) about the usefulness of government programs will help us from restore fiscal balance and economic well-being in America.
- [New geopolitical circumstances](http://washingtonexaminer.com/opinion/columnists/2011/04/time-us-get-out-nato) should make us wonder: why are we still a part of NATO?
- [New Deal-era jurisprudence](https://www.cato.org/pub_display.php?pub_id=12972) may soon be overturned as challenges to the Affordable Care Act reach the U.S. Supreme Court.
- [New means of funding public roads](https://www.cato.org/multimedia/cato-video/randal-otoole-discussing-gas-tax-future-transportation) will increase efficiency by confronting drivers with the costs of using them, and reducing congestion:
- **Reminder**: If you’re in the DC area, please join us **this Friday at 4:00 p.m. Eastern** for [a special sneak preview of *Free or Equal*](https://www.cato.org/event.php?eventid=7899) and Q&amp;A with Cato senior fellow [Johan Norberg](https://www.cato.org/people/johan-norberg).

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