The 2010 William E. Simon Lecture given by Hudson Senior Fellow and Director of the Bradley Center for Philanthropy & Civic Renewal William Schambra at the Manhattan Institute For Policy Research in New York City on December 9, 2010.

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Bucket-wheel excavators mine rare earth materials on Ukrainian soil on February 25, 2025, in the Zhytomyr region of Ukraine. (Kostiantyn Liberov via Getty Images)