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Winter 1993
Cato Journal

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The Benefits and Costs of Currency Boards
… purchases and sales restricts the government’s ability to finance future deficits. This is a step toward a time-consistent policy. Conclusion Unlike dollarization, a currency board retains the seigniorage and the value of lost or destroyed currency for the …
By Allan H. Meltzer
January 20, 1993
Foreign Policy Briefing

No. 22
Politics and the National Defense: The 1993 Defense Bill
Pork‐barrel politics has long plagued the defense budget process, wasting untold billion of dollars and distorting the composition of the military. Though policymakers have used the national defense to serve parochial interests for some time, the past year has …
By Jeffrey R. Gerlach
December 28, 1992
Foreign Policy Briefing

No. 21
The Eurocorps: A Fresh Start in Europe
… Instead of confronting that fundamental issue, the United States prefers to tinker. Rather than open the discussion to all ideas, policymakers have become bogged down in minutiae: Does a hypothetical floor of 150,000 U.S. troops, proposed by the …
By Jonathan Clarke
April 15, 1992
Briefing Paper

No. 15
A Consumer Guide to Taxes: How Much Do You Really Pay in Taxes?
By George Nastas III and Stephen Moore
February 27, 1992
Foreign Policy Briefing

No. 18
The Sins of Security Assistance Programs
Foreign policy experts, media pundits, and congressional leaders are calling with increasing frequency for the United States to intervene militarily in the Yugoslavian conflict. Although the Bush administration has wisely resisted such proposals, it has slowly escalated the U.S …
By David Isenberg
January 22, 1992
Foreign Policy Briefing

No. 17
Currency Convertibility: A Self-Help Blueprint for the Commonwealth of Independent States
By Steve H. Hanke and Kurt Schuler
January 16, 1992
Foreign Policy Briefing

No. 16
The Case for U.S. Strategic Independence
… with the disintegration of the Soviet Union, the mission of America’s Cold War alliances has been accomplished. U.S. policymakers must now move to create a new defense strategy that is appropriate for a post‐Cold War setting and …
By Ted Galen Carpenter
January 7, 1992
Foreign Policy Briefing

No. 15
Washington’s Iron Curtain against East European Exports
… aid recipients by imposing quotas that slashed European cheese and butter imports.[1] Today, Washington has developed a similarly hypocritical policy–government aid, but not free trade, for the new democratic nations in Eastern Europe. Western government aid to Eastern …
By James Bovard
December 16, 1991
Foreign Policy Briefing

No. 14
Defusing the Korean Bomb
By Doug Bandow
October 3, 1991
Foreign Policy Briefing

No. 13
Let the Soviet Jews Come to America
By Sheldon L. Richman
July 29, 1991
Foreign Policy Briefing

No. 12
The U.S. Military Presence in the Philippines: Expensive and Unnecessary
By Ted Galen Carpenter
July 25, 1991
Foreign Policy Briefing

No. 11
Dump Our Anti-Dumping Law
By Michael S. Knoll
July 14, 1991
Foreign Policy Briefing

No. 10
Countdown to Disaster: The Threat of Ballistic Missile Proliferation
By Channing R. Lukefahr
May 21, 1991
Foreign Policy Briefing

No. 9
A Mexican View of North American Free Trade
By Roberto Salinas-León
March 14, 1991
Foreign Policy Briefing

No. 7
U.S.-Japanese Security Relations: Adjusting to Change
Japan remained aloof while the U.S.-led international coalition waged war against Iraq, and Tokyo’s cautious policy has attracted a great deal of criticism. The contributions of the Japanese, relative to their capabilities and to what they stand …
By Christopher A. Preble

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The Benefits and Costs of Currency Boards

Politics and the National Defense: The 1993 Defense Bill

The Eurocorps: A Fresh Start in Europe

A Consumer Guide to Taxes: How Much Do You Really Pay in Taxes?

The Sins of Security Assistance Programs

Currency Convertibility: A Self-Help Blueprint for the Commonwealth of Independent States

The Case for U.S. Strategic Independence

Washington’s Iron Curtain against East European Exports

Defusing the Korean Bomb

Let the Soviet Jews Come to America

The U.S. Military Presence in the Philippines: Expensive and Unnecessary

Dump Our Anti-Dumping Law

Countdown to Disaster: The Threat of Ballistic Missile Proliferation

A Mexican View of North American Free Trade

U.S.-Japanese Security Relations: Adjusting to Change