Independent Institute Senior Vice President Mary L. G. Theroux testified before the California State Senate's Budget Subcommittee on Health and Human Services, at the request of State Senator Jeff Stone. The witnesses spoke about California's Maximum Family Grant rule for families on welfare. The rule caps grants and does not increase grant money to mothers on welfare when they have more children. Mary testified about the causes of poverty and of the need for other, non-government options for poor families. She introduced ideas for helping the poor through private resources and organizations, instead of government agencies where families and women often find themselves trapped in a cycle of poverty.
Sr. Fellow David T. Beito appears on the Fox Business News' "Stossel" to debate whether government or private charity is a better way to abolish poverty. Beito, editor of the book The Voluntary City says that government is outdated and its War on Poverty is a failure.
What will the economy be like in the New Year? Sr. Fellow Benjamin Powell appears on Fox Business Network's "The Independents" show to give his impressions of the deficit, bureaucracies, and economic recovery. Powell talks about long term trends and says Big Government policies are effecting the outlook and the "New Normal" in the economy.
Senior Fellow Benjamin Powell appears on the Fox Business Channels Stossel show, recorded in Las Vegas, during FreedomFest.
Powell discusses the valuation of US currency, the economic constant of greed, and the gold standard among other topics.