Originally aired on 10/2/09 on Fox News’ “Freedom Watch.” Robert Higgs, Senior Fellow at the Independent Institute and author of Crisis and Leviathan, discusses President Hoover’s role in the Great Depression.
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For decades, efforts to end world poverty have focused on redistributing wealth, rather than creating it. This approach, however, has done little to foster long-term economic progress in Africa.
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The 1967 Outer Space Treaty designated space for peaceful purposes as “the province of all mankind.” Virtually all spacefaring nations now favor a new treaty to accommodate major changes in geopolitics and military technology. The United States, however, has blocked negotiations, citing potential threats to U.S. “rights, capabilities, and freedom of action.”
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Wal-Mart’s detractors argue that Wal-Mart reduces living standards, hurts retail trade, disrupts communities, and relies on government programs to provide healthcare for many of its workers. Is Wal-Mart a force for good or evil?
