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Examines the 1990s as a period of tranquility and prosperity in the United States, with attention to popular culture, politics, higher education, and economic policy.
Offers policy recommendations from Cato Institute experts on every major policy issue. Providing both in-depth analysis and concrete recommendations, the Handbook is an invaluable resource for policymakers and anyone else interested in securing liberty through limited government.
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Thomas Piketty's book Capital in the Twenty-First Century has enjoyed great success and provides a new theory about wealth and inequality. However, there have been major criticisms of his work. Anti-Piketty: Capital for the 21st Century collects key criticisms from 20 specialists—economists, historians, and tax experts—who provide rigorous arguments against Piketty's work while examining the notions of inequality, growth, wealth, and capital.
Marshalling facts and the latest research findings, the author systematically refutes the adversaries of globalization, markets, and progress. This book will change the debate on globalization in this country and make believers of skeptics.
In October 2008, as the U.S. economy plunged, the Federal Reserve began paying interest on banks' reserve balances. The resulting switch to a "floor system" of monetary control, in which changes in the interest rate on reserves, rather than reserve creation or destruction, became the Fed's chief tool for influencing economic activity, was to have far-reaching consequences--almost all of them regrettable. Besides intensifying the downturn by causing banks to hoard reserves, the floor system all but destroyed the market for unsecured interbank loans that had been banks' ordinary "first resort" source of last-minute liquidity. By depriving the Fed's asset purchases of the ability to stimulate i...
An obituary so soon! Surely the reports of neoconservatism's death are greatly exaggerated. C. Bradley Thompson has written (with Yaron Brook) the most comprehensive and original analysis of neoconservatism yet published and in the process has dealt it a mortal blow. Neoconservatism: An Obituary for an Idea reveals publicly for the first time what the neocons call their philosophy of governance--their plan for governing America. This book explicates the deepest philosophic principles of neoconservatism, traces the intellectual relationship between the political philosopher Leo Strauss and contemporary neoconservative political actors, and provides a trenchant critique of neoconservatism from...
The decision to expand NATO eastward is a fateful venture that has received surprisingly little public attention. Advocates of enlargement insist that the step will foster cooperation, consolidate democracy, and promote stability throughout Europe. But the contributors to this volume conclude that an expanded NATO is a dubious, potentially disastrous idea. Instead of healing the wounds of the Cold War, it threatens to create a new division of Europe and undermine friendly relations with Russia. Even worse, it will establish expensive, dangerous, and probably unsustainable security obligations for the United States.
Economics in One Virus provides an introduction to timeless economic insights using the case study of COVID-19.