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In June 2005, the U.S. Supreme Court ruled in Kelo v. New London that local governments may force property owners to sell out and to make way for private economic development, even if the property is not blighted. In response, many states have passed legislation and proposed amendments to their state constitutions to block this unprecedented government assault on the rights of property owners.
Senior Fellow Robert Higgs, author of Delusions of Power, discusses the “vulgar Keynesianism” of Paul Krugman with Martha Montelongo on Gadfly Radio.
The recent elections in Iraq have not resolved the main problems there—a constitutional crisis, continued terrorism, a potent Sunni rebellion, and fighting between religious and ethnic groups that could result in a full-blown civil war. Is the Iraq war a hopeless quagmire that has been lost, or can the U.S. still foster a united, peaceful and prosperous Iraq?
The recent U.S. alignment with India seems to be another indicator of an informal U.S. policy to contain China. Will strategic containment work if China is allowed to fully integrate itself with the world economy?
Environmental quality has been a major public concern since the first Earth Day in 1970, yet the maze of environmental regulations enacted since has fostered huge government bureaucracies better known for waste and failure than for innovation and success.
“Congestion is not a fact of life,” declared Mr. Mineta, “We need a new approach, and we need it now.” Such an approach is presented in the new Independent Institute book, Street Smart: Competition, Entrepreneurship and the Future of Roads.
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?
For more than a century U.S. foreign policy—whether conducted by Democrats or Republicans—has 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?
