Ghanaian economist and Research Fellow, George Ayittey argues that Africa is poor because it is not freedue to dictatorships. He spoke with host Justin Rowlatt and an audience at Paris Dauphine University in Paris.
When pioneering television journalist John Stossel joined ABC-TV's "20/20" in 1981, his peers and an admiring public hailed him as a crusading consumer reporter. His hard-hitting, in-your-face exposes of con artists and corporate liars and crooks won him 19 Emmys and an avid following. But, could the use of government power and the Nanny State be the biggest scam of all?
In his new book, Give Me a Break, Stossel takes on a herd of sacred cows and examines how in the name of the "public interest," ambitious politicians and bureaucrats, intellectually lazy and opportunistic reporters, scaremongers, and predatory lawyers make life worse, especially for those most disadvantaged.
In this event John Stossel explained how his investigations of government waste, fraud and abuse; welfare for the rich; victimless crimes; self-serving interest groups; and sensationalist-media hyping (while ignoring real risks) reveal the crucial need to protect the civil and economic liberties of all people.
John Stossel, author of Give Me a Break. is co-anchor of ABC's "20/20." He also hosts ABC's "John Stossel Specials" for ABC television and radio, and ABCNews.com. In addition to having received 19 Emmy Awards, he has been honored five times for excellence in consumer reporting by the National Press Club. Among his other awards are the George Polk Award for Outstanding Local Reporting and the George Foster Peabody Award.
David J. Theroux is Founder and President of the Independent Institute.
Why has Africa, despite its rich history, cultures, and abundant resources, largely remained in the grip of dictatorship, starvation, genocide and war? How can this tragic legacy of colonialism, socialism, and plutocracy be replaced with the welfare of economic liberalization, individual rights, and the Rule of Law? Based on his new book, "Africa in Chaos," award-winning economist George Ayittey will examine the record of American statism and the revolution for free-market societies.
George B. N. Ayittey
Professor of Economics, American University
Author, Africa in Chaos and Africa Betrayed
David J. Theroux
Founder and President, The Independent Institute