The Libertarian: “Should We Worry About Income Inequality?”

(23:52) Hoover Institution fellow Dr. Brian Miller testifies in front of the House Judiciary Subcommittee on the Administrative State, Regulatory Reform, and Antitrust in a hearing titled "Examining Healthcare Markets: Fraud and Competition."

Artificial intelligence could become one of the most consequential drivers of productivity and economic growth in a generation. Yet concerns about job displacement, misinformation, and political disruption have prompted calls to regulate the technology before its effects are fully understood. History shows that major innovations disrupt existing industries while creating new forms of work and enterprise that policymakers rarely anticipate. Premature regulation risks entrenching established firms, limiting competition, and expanding government influence over information. The challenge is to address genuine harms while preserving the freedom and experimentation that allow innovation to advance.

Cities are the economic engine of America. The gravest threat to that engine is gun violence. Beyond the lives lost and families devastated, every murder that happens in an American city reduces that city’s population by seventy people—fewer people and businesses moving in, more moving out.