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2011. Gold and Government

Author:
Judy Shelton
Publication Date:
06-2012
Content Type:
Journal Article
Journal:
The Cato Journal
Institution:
The Cato Institute
Abstract:
Something has gone terribly wrong with the world's monetary system. It's evident that some kind of fundamental reform needs to be implemented. The question is: Can governments be trusted to issue sound money, or is money too important to be left to the politicians?
Political Geography:
United States

2012. From Constitutional to Fiat Money: The U.S. Experience

Author:
Richard H. Timberlake
Publication Date:
06-2012
Content Type:
Journal Article
Journal:
The Cato Journal
Institution:
The Cato Institute
Abstract:
Over the course of more than two centuries, the United States has had two monetary systems. The first was a gold-silver standard that was framed in its essentials by the U.S. Constitution. In practical terms, it said that any legal tender money created by the federal union or the states or the "people" had to be gold or silver coins, or redeemable in gold or silver coins of specified weight and fineness. Since both gold and silver were constitutional media, the country had a bimetallic standard that ultimately became a monometallic gold standard.
Political Geography:
United States

2013. Why Monetary Freedom Matters

Author:
Ron Paul
Publication Date:
06-2012
Content Type:
Journal Article
Journal:
The Cato Journal
Institution:
The Cato Institute
Abstract:
I've thought about and have written about the Federal Reserve for a long time. I became fascinated with the monetary issue in the 1960s, having come across the Austrian economists, especially Hayek and Mises, and I was very impressed with August 15, 1971, because the predictions made in the 1960s came about. As a matter of fact, Henry Hazlitt made that prediction in 1944 when the Bretton Woods system was set up. He said it wouldn't work and it would fall apart—and it did—so that was a strong confirmation.
Political Geography:
United States and Australia

2014. Where Is Private Note Issue Legal?

Author:
Kurt Schuler and William McBride
Publication Date:
06-2012
Content Type:
Journal Article
Journal:
The Cato Journal
Institution:
The Cato Institute
Abstract:
During the 18th and 19th centuries and for part of the 20th century, more than 60 countries had free banking. The major characteristics of free banking are competitive issue of notes (paper money) and deposits by commercial banks, low legal barriers to entry, little regulation unique to the industry, and no central control of reserves (the monetary base) within the national monetary system (Dowd 1992, White 1995). Among the countries that had a form of free banking was the United States. Even after the freest period of free banking ended, with the Civil War, banks continued to issue notes until the federal government effectively monopolized note issue in 1935.
Topic:
War
Political Geography:
United States

2015. Making the Transition to a New Gold Standard

Author:
Lawrence H. White
Publication Date:
06-2012
Content Type:
Journal Article
Journal:
The Cato Journal
Institution:
The Cato Institute
Abstract:
Suppose for the sake of argument that we all agree to the following proposition: If we could change the monetary regime with zero switching cost, merely by snapping our fingers, we would prefer the United States to be on a gold standard. In the most general terms, a gold standard means a monetary system in which a standard mass (so many grams or ounces) of pure gold defines the unit of account, and standardized pieces of gold serve as the ultimate media of redemption. Currency notes, checks, and electronic funds transfers are all denominated in gold and are redeemable claims to gold. We then face the question: What would be the least costly way for the United States to make the transition to a new gold standard? We need to choose a low-cost method to ensure that the agreed benefits of being on the gold standard exceed the costs of switching over.
Political Geography:
United States

2016. Japan's Middle East policy: 'still mercantile realism'

Author:
Yukiko Miyagi
Publication Date:
05-2012
Content Type:
Journal Article
Journal:
International Relations of the Asia-Pacific
Institution:
Japan Association of International Relations
Abstract:
Japan's vital interests, both its energy security and US alliance, are at stake in the Middle East. Change in Japan's Middle East policy is charted over three periods, from a stance independent of the United States to one increasingly aligned with US policy. This is explained in terms of four variables: level of US hegemony, threats in East Asia, energy vulnerabilities in the Middle East, and normative change inside Japan. Japan's policy in Middle East/North Africa reflects its general move toward a more militarily enhanced version of mercantile realism.
Political Geography:
United States, Japan, Middle East, and East Asia

2017. A Northern Tiger? Canada's Economic and Fiscal Renaissance and its Implications for the United States

Author:
Jeremy A. Leonard
Publication Date:
03-2012
Content Type:
Working Paper
Institution:
Aspen Institute
Abstract:
As the United States struggles to find a politically acceptable and economically sensible solution to its severe fiscal crisis, hidden in plain sight just North of the 49th parallel is an example that ought to be considered more carefully. Quietly, but steadily, under governments of all political stripes, Canada has profoundly re-structured its economy, gotten its fiscal house in order, created a competitive business tax environment, and come into its own as a strong economic player in North America and beyond.
Topic:
Debt, Economics, International Trade and Finance, Markets, and Bilateral Relations
Political Geography:
United States and Canada

2018. Reinventing Health Care

Author:
Basit Chaudhry deBronkart, Carole Roan Gresenz, Joseph Hutter, Anjali Jain, Brent C. James, Shawn Martin, Lewis Mattison, Daniel L. Newton, Anthony Nguyen, Brent Parton, Kavita Patel, and Steven Weinberger
Publication Date:
03-2012
Content Type:
Working Paper
Institution:
Aspen Institute
Abstract:
In many respects, the U.S. health care system is breathtakingly innovative. It produces new technology, medical procedures, and scientific knowledge at a dazzling speed, enabling patient store cover from diseases and injuries once thought incurable or untreatable. As a consequence, the U.S. has one of the highest survival rates for cancers, excels at acute and trauma care, and has produced half of the world's Nobel laureates.
Topic:
Science and Technology and Health Care Policy
Political Geography:
United States

2019. The Freedom Savings Credit: A Practical Step to Build Americans' Household Balance Sheets

Author:
Lisa Mensah, Raymond O'Mara III, Colby Farber, and Robert Weinberger
Publication Date:
02-2012
Content Type:
Policy Brief
Institution:
Aspen Institute
Abstract:
The imbalance of too much debt and not enough assets fuels financial insecurity in many American households. Building Americans' household balance sheets should start with making savings and asset-building incentives more efficient and equitable. Although millions of working Americans currently receive little or no tax incentive to save, modest reforms to our tax code have the potential to dramatically improve their financial futures. The Aspen Institute Initiative on Financial Security (Aspen IFS) proposes the Freedom Savings Credit to create a more equitable and economically efficient savings system that will benefit millions of American households and the nation as a whole.
Topic:
Security, Debt, Economics, and Financial Crisis
Political Geography:
United States and America

2020. Homeland Security and Intelligence: Next Steps in Evolving the Mission

Publication Date:
01-2012
Content Type:
Policy Brief
Institution:
Aspen Institute
Abstract:
American expectations of how their government secures the United States have evolved substantially, especially during the post-9/11 decade. From the post-World War II, 20th-century evolution of the national security architecture in the United States, focused on countering overseas nation-states with conventional forces, we now face requirements to protect at home. And not only to protect, but to prevent: the new, domestic security architecture is targeted more at securing borders, infrastructure, and cyberspace with defensive measures as it is at pursuing any single adversary with offensive measures.
Topic:
Intelligence, Terrorism, and Counterinsurgency
Political Geography:
United States and America