This presentation is from our 2012 Challenge of Liberty Summer Seminar for high school students, which was held from June 18 to 22, 2012, at the Independent Institute Conference Center, Oakland, California.
View videos and more information about the Summer Seminars.
Originally aired on 12/16/10 on Reckoning America. Alex Tabarrok talks about the global economy and how the story of economic growth is rapidly changing.
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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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.