Independent Institute Senior Fellow Robert Higgs is interviewed on Governments Intrusions Threaten Economy. Interviewed by Steve Stanek of the Heartland Institute, Dr. Higgs explains that the governments growing intrusions into the economybank bailouts, economic stimulus, interest rate manipulations and credit expansion by the Federal Reserve, increased business regulationscould 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.
In June 2005, the U.S. Supreme Court ruled in Kelo v. New London that local governments may force property owners to sell out and to make way for private economic development, even if the property is not blighted. In response, many states have passed legislation and proposed amendments to their state constitutions to block this unprecedented government assault on the rights of property owners.