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.
Originally aired 3/21/11 on PJTV Front Page with Allen Barton. Emily Skarbek, Director of the Center on Entrepreneurial Innovation at the Independent Institute, explains the features in MyGovCost.org and what it can tell you about federal debt, deficits and government spending.
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.