With long lines at TSA checkpoints, air travelers are missing their flights and getting fed up. The TSA is not getting any better at customer service because travelers are not their customers. Sr. Fellow Benjamin Powell says the only way to solve the issue to privatize security and make each individual airline responsible for their passengers' security. Competition would make the airlines serve their customer base and passengers can make choices based on security and convenience.
Join Independent Institute at the 2016 Challenge of Liberty Summer Seminars. By learning the ethical and economic principles of free societies that are essential to understanding, appreciating, and preparing for real world issues, college-aged students put themselves in the drivers seat of The Free Life: a life of liberty in pursuit of the good. Are you up to the challenge?
David Beckworth, host of "Macro Musings" podcast interviewed Scott Sumner, author of "The Midas Paradox", on the content of this book, what caused the Great Depression, monetary economics among other topics.
Thanks to Mercatus Center at George Mason University for the permission to publish this podcast.
Sr. Fellow Ivan Eland is interviewed on the Larry Conners USA radio show on KTRS. Eland says the 50 years of trying to get rid of the Castro brothers has not worked and its time for a different policy. Now that the Cold War is over, says Eland, Cubas future may be democracy, but not all countries would make good democracies. Cuba must open its economy in some way, he says, because the country needs capital.
Walmart has recently closed stores worldwide and part of the reason some stores closed is because of recent raises in minimum wages, above the federal minimum requirements. Abigail R. Hall Blanco speaks about businesses and the profit margins they have and the effects of higher wage costs imposed on them.
KGO Radio, March 22, 2016
Presidential candidates have said there must be major changes to the Social Security program, which is on a path to bankruptcy. Research Fellow Craig Eyermann talks about the complex system and the factors that determine how sustainable the system is.
KGO Radio, March 21, 2016
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 Abigail R. Hall Blanco is interviewed on the Larry Conners USA radio program about the effects of the Healthy, Hunger-Free Kids Act, which was enacted in 2012 and championed by First Lady Michelle Obama. Despite its noble goals and good intentions, the lunch program is creating a black market for food that students actually will eat. Studies also show the perverse effects of the program: cutting staff at lunchrooms in schools, layoffs, and deferred hiring. The new rules are prompting kids to throw away more food, among other unintended consequences of the federally mandated school lunch program.
March 9, 2016