President Obama on Wednesday announced that he will recall the 30,000-plus "surge" troops from Afghanistan by the end of 2012 — 5,000 to 10,000 of them by the end of this year. While this may be a good start, says Cato scholar Christopher Preble, we need to remember that this withdrawal will still leave twice as many American soldiers in Afghanistan than were there when Obama took office in 2009. A far bigger withdrawal is in order.
The responsibility for the massive failures of the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac, at the center of American housing finance and the private securitization system that supports housing finance, falls directly on regulators and indirectly on their political overseers. In a new study, authors Kevin Villani and Patric H. Hendershott look at the United States' unique market-government hybrid mortgage system, and conclude that the system and the political risks it is subject to are unnecessary.
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.
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.
The Case for Gold This landmark book was the minority report from the U.S. Gold Commission in 1982, which evaluated the role of gold in the monetary system. It covers the history of gold in the United States, explains how the breakdown in its use as a financial standard was caused by government, and details the critical need for sound money.