Senior Fellow Robert Higgs is interviewed here by Scott Horton on Antiwar.com Radio, warning those who long for total governmental and economic collapse to be careful what they wish for. Higgs also explains why federal spending cannot continue at the current record levels without a failure of the bond market. He further compares the military and economic over-extension of the Soviet Union prior to its collapse to the United States as a warning against rampant spending by the government.
Independent Institute Senior Fellow Robert Higgs is interviewed on Governments Intrusions Threaten Economy. Interviewed by Steve Stanek of the Heartland Institute, Dr. Higgs explains that the governments growing intrusions into the economybank bailouts, economic stimulus, interest rate manipulations and credit expansion by the Federal Reserve, increased business regulationscould eventually lead to soaring price inflation and interest rates and another, far worse economic downturn. The solution is to move deliberately to end such policies and the accumulation of federal bureaucratic programs, controls and taxes on Americans.
Originally aired on January 17, 2010 on "Two-Way Street." Charles Peña, Senior Fellow at the Independent Institute, joins a panel of foreign policy experts to support the discussion topic: The U.S. should close its military bases around the world.