Andrei Illarionov in Radio Free Europe/Radio Liberty.
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September 17, 2008
A full day analysis of the Supreme Court’s 2007 and 2008 terms.
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Making Financial Statements Mysterious
Since the passage of the Sarbanes-Oxley Act in 2002, the Financial Accounting Standards Board (FASB) has passed rules that it promises will make corporate accounting more transparent. However, according to T. J. Rodgers, author of "FASB: Making Financial Statements Mysterious," its revised Generally Accepted Accounting Principles have in fact made it difficult for investors — or even CEOs — to understand a company's financial report.
- "FASB: Making Financial Statements Mysterious," by T. J. Rodgers
A Roundup of the Russia-Georgia Conflict
Though Russian military operations against Georgia have supposedly been suspended, there are reports that Russian forces may not fully withdraw from Georgia's breakaway South Ossetia region. Over the course of the conflict, several Cato scholars have offered their perspectives and recommendations. Below is a roundup of recent commentary.
- "Czechoslovakia on Their Minds," by Leon Hadar
- "Is There a 'New Trans-Atlantic Consensus'?," by Justin Logan
- "On Thin Ice," by Ted Galen Carpenter
- "New Errors in Georgia," by Justin Logan
- "Preliminary Conclusions From The War In Georgia," by Andrei Illarionov
- "More on Georgia," by Benjamin H. Friedman
- "A Few Points on Georgia," by Benjamin H. Friedman
The Lesson of the XM/Sirius Merger
When XM Radio and Sirius Broadcasting announced plans for a merger way back in February 2007, few imagined that it would take nearly a year and a half for the FCC to announce its approval. The 17-month-long process illustrates how the FCC works on behalf of special interests to impede competition and innovation, and how poorly suited regulation of any kind is to the communications world. In the most recent TechKnowledge, Cato scholar Jim Harper argues that "The slender reed of authority the FCC has to review mergers should be cut, once and for all."
- "The Lesson of the XM/Sirius Merger," by Jim Harper
NEW BOOKS
Smart Power
Foreign policy expert Ted Galen Carpenter outlines strategies for protecting America’s security while avoiding unnecessary and unrewarding military adventures.
The Cult of the Presidency
“Rhetorical—and related—excesses are inherent in the modern presidency. This is so for reasons brilliantly explored in the year’s most pertinent and sobering public affairs book, The Cult of the Presidency: America’s Dangerous Devotion to Executive Power.”
––GEORGE F. WILL
The Dirty Dozen
This unprecedented analysis of cases that changed the course of American history reveals the ongoing impact these cases have on free speech, economic liberty, property rights, private contracts, and much more.
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