Featuring Dov S. Zakheim, Senior Advisor, Center for Strategic and International Studies; Mackenzie Eaglen, Resident Fellow at the Marilyn Ware Center for Security Studies, American Enterprise Institute; Todd Harrison, Senior Fellow, Defense Budget Studies, Center for Strategic and Budgetary Assessments; and Christopher A. Preble, Vice President for Defense and Foreign Policy Studies, Cato Institute; moderated by Kate Brannen, Senior Reporter, Foreign Policy.
In the new issue of Regulation, economist Pierre Lemieux argues that the recent oil price decline is at least partly the result of increased supply from the extraction of shale oil. The increased supply allows the economy to produce more goods, which benefits some people, if not all of them. Thus, contrary to some commentary in the press, cheaper oil prices cannot harm the economy as a whole.
Two long wars, chronic deficits, the financial crisis, the costly drug war, the growth of executive power under Presidents Bush and Obama, and the revelations about NSA abuses, have given rise to a growing libertarian movement in our country – with a greater focus on individual liberty and less government power. David Boaz’s newly released The Libertarian Mind is a comprehensive guide to the history, philosophy, and growth of the libertarian movement, with incisive analyses of today’s most pressing issues and policies.
Featuring Dan Ikenson, Center for Trade Policy Studies, Cato Institute, and Frank Vargo, National Association of Manufacturers.
Since the depth of the U.S. manufacturing recession in 2002, the sector as a whole has experienced sustained and robust growth. The year 2006 set a record for output, revenues, profits, profit rates, return on investment, exports, and imports. The United States remains the world’s most prolific manufacturing country, accounting for two and a half times more output than Chinese factories in 2006. Should these figures put to rest assertions that the U.S. manufacturing sector is eroding because of trade? Do they support a conclusion that the sector is thriving? U.S. manufacturing experts Ikenson and Vargo will offer perspectives on the real state of U.S. manufacturing in today’s global economy.