Originally aired on 12/16/10 on Reckoning America. Alex Tabarrok talks about the global economy and how the story of economic growth is rapidly changing.
Ivan Eland on Russia Today discusses why cuts to the U.S. military budget are unlikely to happen, given how the defense industry is closely tied to campaign funding for politicians.
Benjamin Powell on CNBC discusses the pitfalls of U.S. protection of the farming industry with pork barrel farm policies, and how they hurt both Americans and producers in underdeveloped countries.