Senior Fellow Randy T. Simmons, author of Aquanomics, looks at the battles over water in the western United States. Thirsty citizens of growing cities, farmers, factories and environmentalists are in a fight for a natural resource that is priced arbitrarily. Its value is determined not by the free market, but by bureaucrats. Outdated government reclamation projects and water policies have put residents of the Golden State at the mercy of the weather, and of government's mandatory regulations.
Presidential candidate Barack Obama promised to protect government whistle-blowers in an effort to be more transparent. When U.S. Army private Bradley Manning was convicted of espionage, Independent Institute Research Fellow Anthony Gregory said it's time to make a choice.
Alexander Tabarrok, Research Director at the Independent Institute, speaks with Alyona Minkovski of RT's "The Alyona Show" on increasing criminal justice fees applied to those convicted or charged of a crime and time served due to debt.
From fingerprinting to criminal sentencing, from lawyer licensing to judicial selection, and from eminent domain to wealth transfers via class-action lawsuits, how do perverse incentives impact the law and what reforms would create a more just and efficient legal system?
Originally aired on 11/20/09 on FoxBusiness.com Live. Jeffrey A. Miron, Research Fellow at the Independent Institute and author of Drug War Crimes, argues in favor of legalizing marijuana and other drugs in the U.S.