Showing results by publisher "Cato Institute" in All Categories

Has the United States been a force for liberty around the world? Should it be? And if so, how? To answer these questions, Christopher A. Preble traces the history of US foreign policy from the American founding to the present, examining the ideas that have animated it, asking whether America's policy choices have made the world safer and freer, and considering the impact of those choices on freedom at home.

What's the best political system? What standards should we use to decide, and why? Arguments for Liberty is a guide to thinking about these questions. Two schools of thought have long dominated libertarian discussions about ethics: utilitarianism and natural rights. Those two theories are important, but they're not the only ways people think about ethics and political philosophy. In Arguments for Liberty, you'll find a broader approach to libertarianism.

Liberty of conscience and freedom of thought are twin, core components of modern life in societies across the world. The ability to pursue one's vision of the right and the good, coupled with liberty to pursue individual reason and enlightenment, helped produce so much of modern life that we may be apt to forget that libertarian philosophy was not dictated by Nature.

For almost a century after the U.S. Constitution went into effect, few Americans seem to have questioned the legitimacy of the Revolution. Since the Progressive generation of historians began the work of serious criticism and revision, however, students of American life have largely learned to live with a more complicated understanding of the revolutionary legacy. Smith's treatment of the era charts space for libertarians to both criticize and revere the American heritage.

There is a well-worn image and phrase for libertarianism: "atomized individualism". This hobgoblin has spread so thoroughly that even some libertarians think their philosophy unreservedly supports private persons, whatever the situation, whatever their behavior. Smith's Self-Interest and Social Order in Classical Liberalism, corrects this misrepresentation with careful intellectual surveys of Hume, Smith, Hobbes, Butler, Mandeville, and Hutcheson and their respective contributions to political philosophy.

Timothy Sandefur's insightful book provides a dramatic new challenge to the status quo of constitutional law and argues a vital truth: our Constitution was written not to empower democracy, but to secure liberty. Yet the overemphasis on democracy by today's legal community - rather than the primacy of liberty, as expressed in the Declaration of Independence - has helped expand the scope of government power at the expense of individual rights.

The Teacher’s Sphere podcast amplifies the voices of practicing educators who share how they successfully create spaces for civil discourse and viewpoint diversity in today’s schools. Episodes feature educators’ personal stories, practical applications, and thoughtful reflections on fostering respectful dialogue across differences. Hosted on Acast. See acast.com/privacy for more information.

Creative destruction, what the economist Joseph Schumpeter called “the essential fact about capitalism," describes change or disruption in the economy caused by innovations that replace traditional technologies and practices. Creative destruction is a force so powerful that it has not only shaped economies but also politics, culture, and social relations. In clear and accessible prose, Dalton and Logan illustrate the nature and varieties of creative destruction, how it is central to innovation and entrepreneurship, and why it is important for economic growth.

Central bank digital currencies (CBDCs) are on the rise. In an attempt to reinvent money as we know it, central bankers and other policymakers around the world are currently researching, developing, and launching CBDCs. The prospect has caught the attention of the president of the United States, Congress, international institutions, and government contractors, but the public has largely been left out of this development. That needs to change.

The modern presidency has become the central fault line of polarization in America because the president, increasingly, has the power to reshape vast swaths of American life. Gene Healy argues that “We, the People” are to blame. Americans on each side of the red-blue divide demand a president who can create jobs, teach our children well, tend to the “national soul”—and vanquish their culture-war enemies. Our political culture has invested the office with preposterously vast responsibilities, and as a result, the officeholder wields powers that no human being ought to have.

By providing historical context and a thorough yet easily accessible explanation of US financial markets, authors Norbert Michel and Jennifer Schulp provide a much-needed counterpoint to current debates and criticisms. "Financing Opportunity" not only busts many popular myths about financial markets but also proposes ways to improve how our financial markets function. With financial markets and American opportunity so closely tied, financial policy is vital to supporting growth, productivity, and prosperity.