Benjamin Powell, Research Fellow at the Independent Institute, speaks to Neil Cavuto on Fox News Channel about the wealthy class are continuing to spend at the precrisis spending levels despite the rising costs of food and gas.
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Senior Fellow William F. Shughart discusses financial developments at General Motors and Chrysler, the real issues at stake in the TARP debate, and how Obama’s bailouts are negatively affecting the limping economy.
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?
Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.
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?
