This is longtime Cato Daily podcast host, Caleb Brown.

I've moved on to head the Kentucky's Bluegrass Institute,

but I wanted to leave listeners with some favorite episodes over the last nearly 18 years of my hosting tenure.

I tried to pick episodes that are relevant to our current moment.

Thank you for listening.

This is the Cato Daily podcast for Friday, January 14th, 2011.

I'm Caleb Brown.

The military industrial complex was identified by President Eisenhower 50 years ago next week.

What has happened since then?

Susan Eisenhower is president of the Eisenhower Group consulting firm and an expert on international security. She is also the granddaughter of President Eisenhower is president of the Eisenhower Group consulting firm and an expert on international security.

She is also the granddaughter of President Eisenhower. We spoke following a Cato Institute event on the

military industrial complex held yesterday. What does it mean to have somebody a general and then

president, more importantly commander inchief, make this call regarding the

military-industrial complex 50 years ago? Well, first of all, Eisenhower's farewell address

was really his leave-taking after more than 50 years of public service. And in doing so, I think

he picked up many of the themes he had continued to

articulate in his eight years as president. The most important, of course, was the connection

between our fiscal and economic health in this country and our national security. And he regarded

our fiscal health as being one of the pillars,

along with our military capability, of national defense.

And so in looking at the farewell address,

he singled out this new and growing trend,

...