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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.
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Independent Institute Senior Fellow Robert Higgs is interviewed on “Government’s Intrusions Threaten Economy.” Interviewed by Steve Stanek of the Heartland Institute, Dr. Higgs explains that the government’s growing intrusions into the economy—bank bailouts, economic stimulus, interest rate manipulations and credit expansion by the Federal Reserve, increased business regulations—could 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.
