Sr. Fellow Lawrence McQuillan, author of California Dreaming appears on KLZ radio in Denver, CO. Lawrence talks about the public-pension crisis and how states and cities can change their pension contributions to avoid bankruptcy while honoring commitments to employees.
Independent Institute Senior Vice President Mary L. G. Theroux testified on "Childhood Poverty, Government Failures, and the Need for Economic Liberty", before the California State Senate's Budget Subcommittee on Health and Human Services, at the request of State Senator Jeff Stone. The witnesses spoke about California's Maximum Family Grant rule for families on welfare. The rule caps grants and does not increase grant money to mothers on welfare when they have more children. Mary testified about the causes of poverty and of the need for other, non-government options for poor families. She introduced ideas for helping the poor through private resources and organizations, instead of government agencies where families and women often find themselves trapped in a cycle of poverty.
Research Fellow Vern McKinley, author of Financing Failure is interviewed by The Full Disclosure Network about the role of the Federal Reserve and whether or not it protects American citizens from financial disaster.
Sr. Fellow David T. Beito appears on the Fox Business News' "Stossel" to debate whether government or private charity is a better way to abolish poverty. Beito, editor of the book The Voluntary City says that government is outdated and its War on Poverty is a failure.
Research Fellow Burton A. Abrams appears on the "Freedom & Prosperity Radio" show with host Joe Thomas. Abrams talks about his book The Terrible 10: A Century of Economic Folly which contains ten of the U.S. federal government's biggest economic mistakes and the fallout of those mistakes.
Sr. Fellow Ivan Eland, author of the newly updated book Recarving Rushmore which ranks all of the U.S. Presidents in terms of peace, prosperity and liberty, talks about President Barack Obama and his ranking. Obama ranks near the bottom, but it was an early 20th century president that takes the title of "Worst President" in terms of peace, prosperity and liberty. Eland spoke with Kerry Lutz of the Financial Survival Network.