Cato Handbook For Congress 108th

Offering policy recommendations supported by brief rationales, this handbook offers the capitalist-libertarian perspective on issues currently facing Congress. Highlights include advice on campaign finance reform, the USA PATRIOT Act, the war on drugs, monetary policy, deregulation, taxes, education.

Every two years the Cato Handbook for Congress sets the standard in Washington for real cuts in federal spending, taxes, and power.

The 50-plus chapters in this volume cantain hundreds of recommendations to radcally reduce the size and scope of the federal government and return it to the limits envisioned by the Founding Fathers.

This book will set the standard in Washington D.C. for real cuts in federal spending, taxes, and power. The 50 plus chapters in this volume contain hundreds of recommendations to radically reduce the size and scope of the federal government and return it to the limits envisioned by the Founding Fathers.

Every two years this handbook sets the standard in Washington for realistic cuts in federal spending, taxes, and power.

Offers policy recommendations from Cato Institute experts on every major policy issue. Providing both in-depth analysis and concrete recommendations, the Handbook is an invaluable resource for policymakers and anyone else interested in securing liberty through limited government.

Details how legislators can return the federal goverment to the size and scope envisioned by the Founding Fathers.

The book covers alternative lending using the emergence of Debt Funds in the EU as a case study. The book explores the risks that they can pose to financial stability, and the regulatory and supervisory tools available to mitigate these risks. Through this analysis, the book uncovers the risks and potential risk mitigation tools that can be applied to the alternative lenders–including debt funds and other potential alternative lenders. After identifying the reasons behind the growth of alternative lenders (using as example the assets of Alternative Investment Funds (AIFs) and in particular debt funds) and the simultaneous decrease of the banks’ assets, the book analyses the systemic importance of the alternative lenders and the risk channels through which the systemic risk can spread to the banking sector and the financial system. Then, the book deals with the financial innovation-market failure theory and demonstrates that financial innovations (e.g. debt funds, securitisations) can cause market failures, resulting in regulatory interventions. Of interest to banking and financial regulation academics, researchers, and practitioners this book analyses the regulatory provisions in place for both credit institutions and debt funds, including the Basel Accords, the Capital Requirements Directives and Regulations, and the Alternative Investment Fund Managers Directive (AIFMD) and its implementation in various EU jurisdictions, before offering a proposal for a new three-defensive framework applicable to debt funds and to other potential alternative lenders.