Benjamin Powell on CNBC discusses the pitfalls of U.S. protection of the farming industry with pork barrel farm policies, and how they hurt both Americans and producers in underdeveloped countries.
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Senior Fellow Robert Higgs is interviewed here by Scott Horton on Antiwar.com Radio, warning those who long for total governmental and economic collapse to be careful what they wish for. Higgs also explains why federal spending cannot continue at the current record levels without a failure of the bond market. He further compares the military and economic over-extension of the Soviet Union prior to its collapse to the United States as a warning against rampant spending by the government.
Originally aired on 10/2/09. Ivan Eland discusses Peter Galbraith’s accusation of fraud benefiting incumbent Afghan president, Hamid Karzai, in an interview on Russia Today.
Alex Tabarrok at TED argues how free trade and globalization are shaping the world into an idea-sharing community that is more healthy, happy and prosperous than anyone's predictions.
