Is America Number One?

Cato Film Series for Interns
July 26, 2004 12:00PM
B-338 Rayburn House Office Building
Featuring John Stossel’s provocative ABC News documentaries.

Is greed society’s enemy or best friend? Is the federal government a successful problem solver or an expensive failure? Why do some nations flourish while others flounder? John Stossel, co-anchor of 20/20 and commentator of 20/20’s “Give Me a Break,” takes a serious and entertaining look at these important questions in a three-part series being shown in July on Capitol Hill by the Cato Institute. Washington, D.C., interns are invited to join us for lunch and Stossel’s provocative investigation of these questions and his answers to these questions – that society and individuals alike are best served by applying the tested American principles of individual liberty, personal responsibility, and limited government to solve problems for which others often seek to use government force.

John Stossel travels around the globe to study the nature and causes of the wealth of nations. Why do some nations flourish while others flounder? Take India, for example. India has a free press and a democratic government, but that doesn’t seem to be enough. Its thicket of business regulations and bureaucratic restrictions is so dense that wealth is difficult to create. By comparing conditions in other countries, Stossel unravels the mystery of American prosperity.