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The CEOs of General Motors, Ford Motor, and Chrysler LLC will appear in front of Congress Thursday and Friday to make their case for a $34 billion loan package. The three firms each unveiled plans Tuesday that detailed how they would return to profitability if they get these federal loans. Cato scholars have long been critical of government intervention in the financial markets and the auto industry.
Barack Obama on Monday introduced the top figures in his national security team, including Sen. Hillary Clinton, retired Marine General James Jones, and current Secretary of Defense Robert Gates. Cato scholar Christopher A. Preble has been critical of the picks. "Obama's decision to turn to a cadre of insiders who refused to speak out against the Iraq war before it began, and who have since deflected calls to end the mission in a timely fashion, suggests that we will only get more of the same," commented Preble.
The vast majority of both Republican and Democratic politicians are pushing for increased governmental intervention in energy markets. In "The Case against Government Intervention in Energy Markets," author Richard L. Gordon argues that the prevailing policy proposals are premised on a misunderstanding of energy economics and market realities. Intervention, says Gordon, would only serve to repeat and extend previous errors.
Gun Control on Trial
With exclusive behind-the-scenes access, the book delves into the monumental Heller case—where the Supreme Court ruled that individual citizens have the constitutional right to possess guns—to provide a compelling look at the inside stories of the forces that fought for and against the Second Amendment.
Global Tax Revolution
In the increasingly integrated global economy, nations are waging a battle between governments to attract investment and skilled workers by overhauling their tax codes to create a more attractive business environment. The authors challenge the U.S. government to lead the tax competition battle in the international marketplace.
The price goes down on the book explaining what brought down the Republicans
A scathing look at how the rise of conservatives who believed big government could be used to further the conservative cause ultimately undermined the legacy of traditional conservatives and shattered the Republican revolution. Now available for $15.
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