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Democratic presidential nominee Sen. Barack Obama has proposed an ambitious plan to restructure America's health care sector -- a plan some have called "socialized medicine." Many others, however, reject that label. In "Does Barack Obama Support Socialized Medicine?," Cato scholar Michael F. Cannon argues that "Reasonable people can disagree over whether Obama's health plan would be good or bad. But to suggest that it is not a step toward socialized medicine is absurd."
Few U.S. presidential elections have been decided on the basis of foreign policy. For the first time in decades, however, both parties have fielded candidates who have chosen to emphasize their foreign policy views. In "Two Kinds of Change: Comparing the Candidates on Foreign Policy," Cato scholar Justin Logan argues that both candidates have significant flaws in their foreign policy ideas. According to Logan, however, McCain's approach seems likely to amplify and repeat the errors of the Bush administration.
The House on Friday followed the Senate in passing $700 billion in relief for the U.S. financial system. Cato scholar Daniel J. Mitchell comments: "This is bad news for taxpayers and will not solve the problems created by bad policy at the Federal Reserve and the corrupt subsidies at Fannie and Freddie. The best outcome now is to hope that the market is able to adjust before the politicians come back and ask for another big chunk of taxpayer money."
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New Frontiers in Free Trade
"Razeen Sally's restatement of the case for unilateral liberalization is powerful and could not be timelier. His reflections on the prospects for trade policy are lucid and entirely persuasive. This short book is the best and most important volume on trade in years."
––CLIVE CROOK, Columnist, Financial Times
The Encyclopedia of Libertarianism
A compilation of and introduction to libertarian scholarship, this comprehensive book includes more than 300 succinct, original articles on libertarian ideas, institutions, and thinkers.
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.
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