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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.
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Robert Higgs is interviewed here by Scott Horton of Antiwar Radio. They discuss the economic baloney of mainstream economists, the failure of most to understand the potential for mass inflation given the money supply currently sitting around in bank reserves, the reality of the business cycle and the politicians and medias failure to grasp it, and why none of us should make sweeping predictions about how the future will unfold, even if we do understand economics, since human action and the flexibility of markets are impossible to quantify.
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Originally aired on 2/1/10 on Russia Today. Senior Fellow Ivan Eland comments on former U.S. Treasury Secretary Henry Paulson's allegation that Russia attempted to undermine the American economy shortly before the global recession.
Originally aired on 12/18/09 on FoxNews.com Freedom Watch. Robert Higgs, Senior Fellow at the Independent Institute, discusses economic landmarks of 2009, including the increasing demand for Federal Reserve transparency, and also looks forward at the possible outcomes of government economic intervention in 2010.