Cato Institute launches policy center against the Federal Reserve

It's about time someone did this. I'm sick of everyone saying "Abolish the Fed!" without a process.
 
CATO is still a wolf in sheep's clothing outfit trying to co-opt the Paul movement. The fact that it took them 30 years or so to copy the Mises Institute really says it all.
 
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CATO is still a wolf in sheep's clothing outfit trying to co-opt the Paul movement. The fact that it took them 30 years or so to copy the Mises Institute really says it all.
LOLz, the Cato Institute has been around much longer than the Ron Paul movement.... your information is erroneous

Ehem....ever heard of the Mises Institute?

The difference that people should understand is that Cato seeks to change / make recommendations on governmental policy. Mises is more of an educational center seeking to enlighten indviduals. They both serve different missions.
 
All stupid anti-Cato comments aside, George Selgin gave up his professorship to run this and I expect him to do a great job.
 
Cato's president John Allison (former BB&T bank CEO) has always called for the abolition of the Fed as far as I can tell. I'm glad they explicitly aim to stay scholarly (sorry people, JFK did NOT try to take on the Fed nor was he killed for this supposed act), as I expected, but I hope they don't fall into the pit of "Fed policy X has failed, if only they implemented Fed policy Y, things would be hunky dorrie"
 
All stupid anti-Cato comments aside, George Selgin gave up his professorship to run this and I expect him to do a great job.

Selgin is good. He's principled and can put the deep and complex in understandable language, which is unusual for economists.
 
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LOLz, the Cato Institute has been around much longer than the Ron Paul movement.... your information is erroneous

I understand that you'll never do anything but kiss the ass of anyone who might be able to give you a paycheck at some point, but the fact of the matter is that CATO has a long history of hostility toward Ron Paul, his associates, his campaigns for presidency, and his movement.

During the Iraq war days, they had high-level staffers who were making the case for preemptive, aggressive war. So no, I don't give them any credit for coming out for End the Fed years after Ron Paul made it acceptable, as the Mises Institute has been doing for 30 years. CATO is a disgrace to the libertarian movement. Piss on them. They have accomplished nothing over the years other than to make libertarians look like unprincipled, inconsistent corporate shills. I guess some liberty-minded folks just have low standards and short attention spans to support these bozos.
 
Why should the CATO Institute be condemned for a handful of its scholars supporting the war but not the Mises Institute for any of its scholars supporting equally bad things?
 
Why should the CATO Institute be condemned for a handful of its scholars supporting the war but not the Mises Institute for any of its scholars supporting equally bad things?

Like what?

The Cato institute is not monolithic or homogeneous.

Bullshit. The people on the staff at CATO take orders. They've tried to pull the 'we give credence to anti-libertarian viewpoints for the purposes of a robust debate' canard before. It was trite and pathetic when they tried it, and it's still trite and pathetic when you try it.
 
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