From ancient times to the present, politicians, bureaucrats, and interest groups have gained resources and control over the public by playing to peoples fears of various crises and by offering solutions that often only make problems worse.
For more than a century U.S. foreign policywhether conducted by Democrats or Republicanshas been based on the assumption that Americans interests are served best by intervening abroad to secure markets, fight potential enemies far from American shores, or engage in democratic nation building. But, what is the record of such policies, including now in Iraq?
Lecture presented by Robert Higgs at the Ludwig von Mises Institute's 25th Anniversary Celebration in New York City; 12-13 October 2007. This celebratory event discusses the legacy of Ludwig von Mises, his students such as Murray Rothbard, and the movement Mises inspired. http://mises.org
What if North Korea and Iran become nuclear states? If the United States must live with a nuclear Iran and North Korea, what policies should it adopt? Furthermore, could the U.S. change its foreign policy to reduce the risk of nuclear proliferation to even more countries?
Wal-Marts detractors argue that Wal-Mart reduces living standards, hurts retail trade, disrupts communities, and relies on government programs to provide healthcare for many of its workers. Is Wal-Mart a force for good or evil?
Americas most provocative humorist, P. J. ORourke, has read pioneering economist Adam Smiths The Wealth of Nations, first published in 1776, so we dont have toand the results are as entertaining as they are enlightening.