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?
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.
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Independent Institute Senior Fellow Robert Higgs is interviewed on “Government’s Intrusions Threaten Economy.” Interviewed by Steve Stanek of the Heartland Institute, Dr. Higgs explains that the government’s growing intrusions into the economy—bank bailouts, economic stimulus, interest rate manipulations and credit expansion by the Federal Reserve, increased business regulations—could eventually lead to soaring price inflation and interest rates and another, far worse economic downturn. The solution is to move deliberately to end such policies and the accumulation of federal bureaucratic programs, controls and taxes on Americans.
Originally aired on January 17, 2010 on "Two-Way Street." Charles Peña, Senior Fellow at the Independent Institute, joins a panel of foreign policy experts to support the discussion topic: The U.S. should close its military bases around the world.
