Aired on March 11, 2016, television personality John Stossel (Host of Stossel on Fox Business) presented the ten worst political promises from the US candidates like Donald Trump, Bernie Sanders, Hillary Clinton, and Ted Cruz among others. Benjamin Powell, Research Fellow of Independent Institute was invited to analyze these promises.
Research Fellow William J. Watkins, Jr. appeared on Larry Conners USA on KTRS radio, to talk about US Supreme Court Justice Antonin Scalia and his impact on the Supreme Court and the US Constitution. A strict constitutionalist, Scalia rejected the idea that the Constitution is a living, breathing document. Watkins offers his unique perspective on Antonin Scalia and his legacy for America. Watkins also talks about the future of the court and how and when a replacement for Scalia might be chosen. He says Our Constitution is more in jeopardy than it has been for a long time.
What is the cost of the long approval process for potentially life-saving drugs by the FDA? The approval process can take up to 12 years and cost $1 billion. But there are other costs. Patients arent able to take drugs that arent approved and they might die or become more ill. Another cost is that a potential drug maker might not want to take the financial risk of taking a drug to market. Powell recommends testing drugs but possibly making drugs "FDA recommended", rather than "FDA approved." Whats needed is competition and markets to help patients and entrepreneurs, says Powell.
Are immigrants taking our jobs and living off the taxes we pay? Are they criminals? Television personality John Stossel (Host of Stossel on Fox Business Network) interviewed Benjamin Powell, Senior Fellow at the Independent Institute, Director of the Free Market Institute at Texas Tech University, and Editor of the book, The Economics of Immigration.
Research Fellow William J. Watkins, Jr., author of Patent Trolls, appeared on the Steve Malzberg Show on Newsmax TV. Watkins talks about patent trolls, who are costing billions to the US economy by filing lawsuits against innovators. The result of these lawsuits slows the process of new technology and stifles innovation.
Research Fellow William J. Watkins, Jr. appeared on XMSatellite radios Innovation Navigation show to talk about his new book Patent Trolls: Predatory Litigation and the Smothering of Innovation. The cost of patent trolls is staggering, both in terms of lost work and in court costs and attorney fees. The outmoded patent system in the US is discussed, including proposals for reforming the patent system.
Sr. Fellow Benjamin Powell appears on Vancouvers CKNW radio to discuss the one year anniversary of the Rana Plaza factory collapse in Bangladesh. Powell talks with host Mike Eckfordabout conditions in clothing factories in Bangladesh and markets for labor and the products manufactured there.