Originally aired on 3/10/10 on FoxNews.coms Freedom Watch. Robert Higgs, explains why private investment, not government spending, is the key to economic recovery.
At this Policy Forum, Independent Institute Senior Fellow Alvaro Vargas Llosa, former Bolivian President Jorge Quiroga, economist William Easterly, and a group of policy experts discuss the findings of the book, Lessons from the Poor. The speakers examine real-world examples of entrepreneurship and why instead of redistributing existing wealth, governments should free people so that they can create it.