If free trade is so good, why is protectionism so popular? Part of the answer lies in a simple political principle — interests that are concentrated (those of the producer) are more politically effective than interests that are diffused (those of the consumer). Protection does not create jobs or move goods; rather, it forces us to expend greater effort to get the goods we produce, since they cost more to produce at home than abroad. Hear about the damage protectionism has done and why free markets are so misunderstood.
Peter Diamond, MIT Institute Professor and Dr. Franco Modigliani, 1985 Nobel laureate in Economics, talk about many different facets of social security including its...
Today’s podcast is titled, “The Causes and Prevention of Cancer.” Dr. Lois Swirsky Gold, Director of the Carcinogenic Potency Project, University of California -...
Recorded in 1997, Dennis McCuistion, former Clinical Professor of Corporate Governance and Executive Director of the Institute for Excellence in Corporate Governance at the...