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September 15, 2011
A full day analysis of the Supreme Court's 2010 and 2011 terms.
Special: 10 copies for $10
"A Look at the Balanced Budget Amendment"
by John Samples
"Quick Thoughts on the Damon-ized Education Debate"
by Neal McCluskey
"The Kelly Thomas Killing"
by Tim Lynch
Military Spending, Not Defense Spending
The deal to "fix" the federal debt ceiling crunch maintains the course of unsustainable spending by summarily ignoring the biggest and most wasteful items on the federal ledger. Among those: the Pentagon. Christopher A. Preble and Benjamin H. Friedman write that the package enables U.S. overseas military adventurism — little of which has anything to do with "defense" — to continue unchecked.
- "Debt Deal Signed, Fights Over Military Spending Next" by Benjamin H. Friedman
- "Military Spending and the Budget Deal" by Christopher A. Preble
- "Department of Defense" at Downsizing the Federal Government
- "Military Spending's Uninterrupted Rise" featuring Christopher A. Preble
- "The Debt Deal and Military Spending" featuring Benjamin H. Friedman
The Dismal Failure of the Basel Regime of Bank Capital Regulation
The Basel regime is an international system of capital adequacy regulation designed to strengthen banks' financial health and the safety and soundness of the financial system as a whole. In a new study, Kevin Dowd, Martin Hutchinson and Jimi Hinchliffe reassess of the Basel regime and identify three key weaknesses. "The Basel system," conclude the authors, "provides a textbook example of the dangers of regulatory empire building and regulatory capture, and the underlying problem it addresses — how to strengthen the banking system — can only be solved by restoring appropriate incentives for those involved."
- "Capital Inadequacies: The Dismal Failure of the Basel Regime of Bank Capital Regulation," by Kevin Dowd, Martin Hutchinson and Jimi Hinchliffe
New Cato Policy Report Looks at Debt and Deficits, Expensive Government, and F.A. Hayek
In the latest issue of Cato Policy Report, Scott A. Beaulier and Peter J. Boettke look at measures that fundamentally challenge the U.S. budgetary system in the hope of finally breaking free from the cycle of deficits, debt, and debasement. In the same issue, Cato scholar David Boaz looks at waste, fraud, and abuse in government programs, and Bruce Caldwell, Richard Epstein, and George Soros debate the meaning of Hayek.
SUMMER BOOK SALE
Substantial savings on many books
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NEW BOOKS
Climate Coup
A first-rate team of experts offers compelling documentation on the pervasive influence global warming alarmism now has on almost every aspect of our society--from national defense, law, trade, and politics to health, education, and international development.
Schools for Misrule
This new book reveals how our nation's law schools have become a hatchery of bad ideas, many of which confer power and status on the schools' graduates and faculty, as law comes to pervade more areas of life.
The False Promise of Green Energy
Offers an outstanding, nearly unprecedented evaluation of claims by green energy and green jobs proponents that we can improve the economy and the environment, almost risk free, by spending billions of dollars on what are ultimately false promises.
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Government Failure
Politicians often cite 'market failure' as justification for meddling with the economy, but this classic book shows how government 'cures' often cause more harm than good.
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