George Mason University economist and author Russell Roberts, who blogs at the always interesting Cafe Hayek, sat down with reason.tv to talk about the nation's shakey economy and the government's bailout plan. Watch this six-minute interview to learn where the problems came from, why the bailout won't address them, and what sort of hurt we're in for over the next several weeks, months, and years. "The real cost of this," warns Roberts, "is that we have said to people, 'Risk taking is not as risky as it used to be.' That's a mistake. It's a horrible mistake and it will lead to a lower standard of living down the road because investment will be more cavalier and less prudent."
rough cut video blog
editors' picks
video archives
talk show archives
media feeds
donate
topics
subscribe
Sign up for weekly updates!
drew carey videos
- Ep. 26, Hasta La Vista, Arnold!: What California's Budget Mess Means for America
- Ep. 25, Throw-Pillow Fight: Is your interior designer really putting your life at risk?
- Ep. 24, Beer: An American Revolution: How the microbrew movement gave rise to massive consumer choice
- Ep. 23, Agricultural Subsidies: Corporate Welfare for Farmers
- Ep. 22, Killer Chic: Hollywood's Sick Love Affair with Che Guevara
- Ep. 21, Universal Preschool: A silver bullet for education reform or a waste of money?
- Ep. 20, Get Some!: How to Fix America's Health Insurance Crisis
- Ep. 19, Second Life: A Virtual Frontier
- Ep. 18, Ethanol: Silly Senator, Corn is for Food!
- Ep. 17, Earmarks: The Alien Menace
- Ep. 16, Banned: Welcome to Nanny State Nation
- Ep. 15, Mexicans and Machines: Why it's time to lay off NAFTA
- Ep. 14, Raiding California: Medical Marijuana and Minors
- Ep. 13, The Wall: The Cost of Securing Our Southern Border
- Ep. 12, Mississippi Drug War Blues: The Case of Cory Maye
- Ep. 11, Food Fight: Battle of the Bacon Dogs
- Ep. 10, Immigration: The Beckham Factor
- Ep. 9, Organ Transplants: Kidneys For Sale
- Ep. 8, Unlocked: Education Revolt in Watts
- Ep. 7, Living Large: America's Middle Class
- Ep. 6, Dance Ban: Footloose in Arizona
- Ep. 5, Redevelopment: A Tale of Two Cities
- Ep. 4, Texas Close'Em: Cops Raid Poker Games
- Ep. 3, National City: Eminent Domain Gone Wild
- Ep. 2, Medical Marijuana: Drew Carey Defends Medical Marijuana
- Ep. 1, Gridlock: Hell on Wheels
Russell Roberts
What You Need to Know about the Bailout
share this video
related reason materials
No associated content available.
No associated content available.
