October 29, 1999

http://www.cato.org

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THE FUTURE IS NOW

>From communications to biology, technology is transforming our world. On

November 4-5, scholars, entrepreneurs and scientists will come together in

California for the annual Cato Institute/Forbes ASAP Technology & Society

conference to consider the implications. Scholars, entrepreneurs, and

scientists will consider implications of the knowledge revolution including

"Strong Crypto, Smart Cell Phones, and the End of Monetary Sovereignty,"

"Education for a High-Tech World," "Resolving Disputes in the New Economy,"

"Spread Spectrum," "Regulating the Frontiers of Science: Will Mutant Plants

Run Amok? ," "Competition in Domain Name Space," and "The Science of Small:

Nanotech & Molecular Switches." A discount is available for Cato Institute

sponsors.

http://www.cato.org/events/techconf99/index.html

ON THE ROAD AGAIN

Cato is coming to a city near you! On November 3 in Seattle, noted trade

economist Jagdish Bhagwati and Microsoft's Bradford Smith will be among the

speakers on Global Liberty in the New Millennium. The event includes the

Cato Institute's Edward H. Crane, Brink Lindsey and Robert A. Levy. In New

York, publisher and Republican presidential candidate Steve Forbes will

address the city seminar on Liberty in the New Economy. The Cato

Institute's Edward H. Crane, JosT Piat the event.

https://www.cato.org/events/991103cs.html

https://www.cato.org/events/991119cs.html

READ ALL ABOUT IT

The newest edition of the Cato Journal (Vol. 19, No. 1) taps a timely issue

in asking if the International Monetary Fund is a necessary institution. In

the lead article, "Is There a Need for an International Lender of Last

Resort?" Anna J. Schwartz of the National Bureau of Economic Research

examines the failings of the IMF. Economic woes are also addressed in "The

European Monetary Union: A Political Time Bomb," by Lorenzo Bernaldo de

Quir=s, director of economic studies at the Cfrculo de Empresarios in

Madrid. This new issue of Cato Journal also includes articles on enterprise

and biodiversity, public school spending, the labor market status of women,

the employment prospects of welfare recipients, and more.

http://www.cato.org/pubs/journal/cj19n1/cj19n1.html

MANY SIDES ON THE PENTAGON

Amid the storms over the CTBT, the F-22, and military recruitment, the new

issue of Regulation offers Dispatches from the Defense Front. Among the

articles are Harvey M. Sapolsky and Eugene Gholz on "The Defense Monopoly"

and Kenneth R. Mayer on base closure.

http://www.cato.org/pubs/regulation/regv22n3/reg22n3.html

A SURVEY ON SEATTLE

Beginning November 30, the most important international trade meeting ever

held on U.S. soil will convene in Seattle. Two weeks prior, a distinguished

lineup of experts will be meeting at an all-day event at the Cato

Institute, "Seattle and Beyond: The Future of the WTO," to outline U.S.

objectives on the eve of the new World Trade Organization round. Speakers

include Deputy U.S. Trade Representative Susan G. Esserman.

http://www.cato.org/events/seattle/

CATO POLICY ANALYSIS

Three new Cato Policy Analyses address wide-ranging matters. In "Executive

Orders and National Emergencies: How Presidents Have Come to 'Run the

Country' by Usurping Legislative Power," attorneys William J. Olson and

Alan Woll argue that modern presidents have moved beyond their

constitutional duty of executing laws, instead usurping vast lawmaking

powers that the Constitution vests in Congress or the states. In "Faulty

Justifications and Ominous Prospects: NATO's 'Victory' in Kosovo,"

Christopher Layne argues that the Clinton Administration's policy has

habitually failed to meet its objectives and will continue to entangle the

United States in multi-billion-dollar, open-ended peacekeeping operations.

In "Energy Inefficiency: No Silver Bullet for Global Warming," Jerry Taylor

argues that the Climate Change Technology Initiative, being pushed by the

Clinton administration as a way to combat global warming, is a "sham," and

a "repackaging of failed programs."

http://www.cato.org/pubs/pas/pa-358es.html

http://www.cato.org/pubs/pas/pa-357es.html

http://www.cato.org/pubs/pas/pa-356es.html

GOING POSTAL

Edward L. Hudgins, Cato's director of regulatory studies, testified before

Congress about the U.S. Postal Service's new regulations on commercial

mail-receiving agencies. "The sloppy, capricious and arbitrary manner in

which the Postal Service has made and implemented the new regulationsharmed small businesses and customers of those businesses alike. The new

regulations on private mail boxes should be repealed immediately," Hudgins

advised. "These regulations are an example of why the Postal Service, a

government monopoly with regulatory powers that it can use against its

competitors, should be subject to the same checks on its power to which

other government agencies are subject."

http://www.cato.org/testimony/ct-eh101999.html

DAILY SUPPLEMENTS

Remember to visit the Cato Web site each weekday for Cato Institute

scholars' insights into the issues of the day in Today's Commentary, and

news and Cato analysis in the Cato Daily Dispatch.

http://www.cato.org/dailys/daily-index.html

http://www.cato.org/dispatch/dispatch-index.html

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