When pioneering television journalist John Stossel joined ABC-TV's "20/20" in 1981, his peers and an admiring public hailed him as a crusading consumer reporter. His hard-hitting, in-your-face exposes of con artists and corporate liars and crooks won him 19 Emmys and an avid following. But, could the use of government power and the Nanny State be the biggest scam of all?
In his new book, Give Me a Break, Stossel takes on a herd of sacred cows and examines how in the name of the "public interest," ambitious politicians and bureaucrats, intellectually lazy and opportunistic reporters, scaremongers, and predatory lawyers make life worse, especially for those most disadvantaged.
In this event John Stossel explained how his investigations of government waste, fraud and abuse; welfare for the rich; victimless crimes; self-serving interest groups; and sensationalist-media hyping (while ignoring real risks) reveal the crucial need to protect the civil and economic liberties of all people.
John Stossel, author of Give Me a Break. is co-anchor of ABC's "20/20." He also hosts ABC's "John Stossel Specials" for ABC television and radio, and ABCNews.com. In addition to having received 19 Emmy Awards, he has been honored five times for excellence in consumer reporting by the National Press Club. Among his other awards are the George Polk Award for Outstanding Local Reporting and the George Foster Peabody Award.
David J. Theroux is Founder and President of the Independent Institute.
Friedrich A. Hayek (1899-1992) left such a profound mark on economic and political thought that The New Yorker has called the 20th century, "The Hayek Century." After converting to free-market capitalism and classical liberalism in the 1920s, Hayek became one of socialism's and statism's staunchest critics. His 1944 bestseller, The Road to Serfdom, warned of central government planning's authoritarian, and even totalitarian, tendencies- and helped reignite worldwide interest in the philosophy and practice of freedom. Although Hayek's 1974 Nobel Prize in Economic Science brought renewed interest in his ideas, it wasn't until the collapse of the Soviet Bloc (which Hayek predicted) that his vast writings on economics, political philosophy, law, history, culture, and other fields became broadly recognized as essential to achieve a prosperous, humane and free society. Biographer Alan Ebenstein and economist Charles Baird shed light on Hayek's seminal legacy and the rebirth of freedom.
Economics is never the "dismal science" when discussed by Nobel Laureate economist Gary S. Becker and his wife, the historian Guity Nashat Becker. In this Independent Policy Forum and based on their book, The Economics of Life: From Baseball to Affirmative Action to Immigration, How Real-World Issues Affect Our Everyday Life, the Beckers will examine the "war on drugs," healthcare, education, marriage and divorce, the homeless, immigration, corporate leadership, religion, baseball, affirmative action, the minimum wage, Social Security, crime, and much more.
With his numerous books, articles and essays about politics, war and social disorder under his belt, it was only a matter of time until P.J. O'Rourke found his way to the subject of his new book, "Eat the Rich." In "Parliament of Whores," he lampooned the entire U.S. government. "All the Troubles in the World" attacked the pandemic worries of the politically correct; and this time it's the economy, stupid! What is wealth and how do we get it? Or as he asks, "Why do some places prosper and thrive while others just stink?"
As most people (along with many "experts") try to fathom the volatility of financial markets and the complexities of global economies, the man who Time magazine has called "one of America's most hilarious and provocative writers" brings it all into perspective. Who else but P.J. could provide this primer on Wall Street: "In order to understand the stock market we have to realize that, like anything enormous and inert, it's fundamentally stable, and like anything emotion-driven, it's volatile as hell."
But he doesn't stop there. Embarking from Wall Street, P.J. takes us on a hilarious and enlightening worldwide tour of the foibles of governments from Russia to Tanzania, from Albania to Shanghai, and from Hong Kong to Havana, and revisits college economics courses, counteracting them with his own version of Econ 101.
The result is the world's only astute, comprehensive and comic presentation of the basic principles of economics that will truly make you laugh on purpose.
P. J. ORourke
Bestselling Author, Humorist and Political Satirist
Change is today's constant in any industry you can name. Half of the Fortune 500 companies in 1980 fell off the list by 1990, and the trend is accelerating. And although during this period American business as a whole created 20 million new jobs, the Fortune 500 lost over 3 million jobs. Today's global marketplace is demanding radical business change to survive.
Ten years after his landmark book, In Search of Excellence, Tom Peters will draw upon his newest book, Liberation Management, to direct business toward this revolutionary restructuring. Any business firm must increasingly be in the knowledge extraction, integration, and application business. Today's biggest companies are dismembering themselves, voluntarily, in record numbers in order to compete. Management is flattening organizations, linking everyone into every function and then directly to the consumer. In his presentation, Tom Peters will show why centralized bureaurcarcies can no longer excell. The new "knowledge workers" must be "liberated" to operated in fast, non-bureaucratic, information-networking teams. Workers must become self-starters with employers facilitating the new entrepreneurship. Business Strategy will be conducted by moderate-size, highly accaountable, units that are very, very close to the marketplace. And through this "marketizing of the firm," governement bureaucracies must be curtailed in their constraints on entrepreneurship.
From computers to chemicals, railroads to financial services, farming to telecommunications, the old structures are crumbling as the biggest shift since the Industrial Revolution continues apace. And those who adapt will see a new era of prosperity.