[applause]. [inaudible conversations] [inaudible conversations] good afternoon. Welcome to the Cato Institute. Im the director of catos center for constitutional studies and your host or two days for a odd professor Randy Barnetts new book. Our republican constitution, securing the liberty and sovereignty of we the people with a foreword by george will. Let me also welcome our cspan audience as well as those watching through catos live streaming. Released just two days ago by harpercollins broadside, this book is sure to receive wide attention and deservedly so. In fact, i just learned its available at costco, so people who are watching this and these men cannot do this for them run right out and pick up a copy of the book. It is likely to receive wide attention as i said because it speaks in a fundamental way to the political divisions we see in america today, divisions about health care, gun control, affirmative action, immigration and so much more. But about the fire, more fundament
Markets work magic. Look at that, ladies and gentlemen. Stossel markets can make bad things disappear. And good things reappear. And markets work magic. That is our show tonight. Hate. Announcer now, john stossel. Stossel when most people think about freemarket thinking about making money, wall street trading stocks are buying and selling houses, people selling things on ebay and so forth. But the truth is that markets do much more than that. When government lets free markets work, they solve all kinds of problems, including problems where people think only government can handle it. Take the water shortage in california. California is hoping for some other relief as the recordsetting drought drags on. Stossel federal relief . They always want federal relief. Taxpayers from all over america should be built so people like Barbra Streisand can water their lawn . It appears that some hollywood celebrities are not doing their fair share. Barbra streisand. Look at how green her lawn is. Stos