In 2008 the U.S. Supreme Court handed down its landmark ruling on the Second Amendments individual right to keep and bear arms in Heller v. District of Columbia. Now the question remains whether this right must be recognized by the States and their political subdivisions.
Independent Institute Senior Fellow Robert Higgs debates James Galbraith (Professor of Economics, University of Texas; son of infamous, liberal, Keynesian economist John Kenneth Galbraith) on Antiwar Radio regarding the folly of government bailouts for insolvent banks, creation of the Glass-Steagall Act as a means to prevent FDIC insured banks from taking excessive risks, benefits and detriments of public and private regulation and oversight, problems of regulatory capture and revolving door politics, divergent opinions on the causes of the Great Depression and efficacy of the New Deal and the arguments for and against government spending on public infrastructure.
Originally aired on 12/28/09 on CNNs Anderson Cooper 360. Charles Peña, Senior Fellow at the Independent Institute, provides perspective on the fairness and effectiveness of the new TSA security measures implemented after the attempted bombing on Christmas day.