Featuring the author Charles Calomiris, Henry Kaufman Professor of Financial Institutions, Columbia Business School; with comments by Andrew Olmem, Partner, Venable LLP; moderated by Mark Calabria, Director, Financial Regulation Studies, Cato Institute.
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.