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Although the Federal Reserve currently has a de facto monopoly on the provision of currency in the United States, this was not always the case. Throughout most of U.S. history, private banks issued their own banknotes as currency. In a new paper, Thomas L. Hogan examines ways this practice could be reinstituted in the United States with minimal changes to the banking system.
No one disputes the idea that police misconduct is wrong, but reasonable people do disagree about the scope of the problem and how it ought to be addressed. In an effort to track allegations of police misconduct so policymakers can make informed assessments of its nature and circumstances, the Cato Institute has launched the National Police Misconduct Reporting Project at PoliceMisconduct.net. Our objective is to identify policies that consistently uphold high standards of ethics, honesty, and professionalism from police officers and critique the policies that do not.
Government-funded media companies are inherently problematic and impossible to reconcile with either the First Amendment or a government of constitutionally limited powers. In a new paper, Cato scholar Trevor Burrus argues that public broadcasting has run its course as a publicly funded entity. "Public broadcasting does not need to go away, it needs to be transformed back into the noncommercial model that thrived before widespread government funding."
Behind the Case
Details and resources related to the lawsuit brought by David and Charles Koch against the Cato Institute.
American Nightmare: How Government Undermines The Dream of Homeownership
Explores the forces at play in the housing market and shows how we can rebuild the American dream of homeownership by eliminating federal, state, and local policies that distort the free market for housing.
Tough Targets
Examines defensive gun use, analyzing eight years of news reports on ordinary citizens defending themselves against criminals.
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