Nobel laureate Vernon Smith joins the show, live from Newport Beach, to make free market missionaries and explain his groundbreaking work in experimental economics.Read More
A mashup of 8 top historians and Constitutional scholars – interviewed on The Bob Zadek Show – tell the hidden story of how American democracy lost its balance, and how to restore it to its proper place.Read More
Republicans looking to repeal and replace Obamacare are in a dilemma of their own making this week. They have branded themselves as small government defenders, promising reductions in taxes and subsidies, despite knowledge that most of their constituents oppose cuts to their favored welfare programs. This may seem like an intractable problem to the typical conservative, but Will Wilkinson – Vice President for Policy at the Niskanen Center – offers a lifeline to a struggling G.O.P. in a recent NY Times article [For Trump and G.O.P., the Welfare State Shouldn’t Be the Enemy]. He notes a paradox the core of limited government philosophy – as an empirical matter, liberty seems to be maximized when the total size of government, measured in spending, is larger. The Heritage Foundation’s Index of Economic Freedom confirms that hybrid high-tax, low-regulation policies are working for some of the freest countries on earth. Behind this argument is a new wave of libertarian thought – the intellectual offspring of F.A. Hayek – that incorporates advances in institutional and experimental economics to overcome progressive objections to markets and private property. Wilkinson and the Niskanen Center are pushing a new frontier that could give Republicans space to actually govern. Why the NY Times is offering Republicans such sage advice is a question that will likely remain unanswered, but Wilkinson will take your calls and try to persuade you that his proposed “liberal”-tarian mutation is evolution in the right direction.
- Niskanen Center
- For Trump and G.O.P., the Welfare State Shouldn’t Be the Enemy - The New York Times, by Will Wilkinson, 5/27/17
- Libertarian Principles, Niskanen, and Welfare Policy - Niskanen Center, by Will Wilkinson March 29, 2016
- *The Intellectuals and Socialism* by F.A. Hayek
- Twitter - @WillWilkinson
- Vox - The Big Idea
Related Shows (Subscribe to the Podcast):
- Matt Zwolinski on Bleeding Heart Libertarianism June 08, 2014
Yesterday, Bob went on Craig Roberts' Life!Line show to discuss his new free ebook, Secret Sauce: The Founders' Original Recipe for Limited American Democracy (now available as a free PDF or on Amazon for $1), and the perils of *too much democracy.*
What happens when we start to think of rights as something granted to us by government, rather than our creator? The Founders created a constitutional republic to protect those rights, and limit the number of rights we are required to give up to an absolute minimum.
Find out why Bob dreads the day we live in a democracy:
It’s been called Friedman’s Law, and it holds almost as constant as any law of physics:
It costs any government at least twice as much to do something as it costs anyone else.
But what's to be done when some amount of government spending is inevitable? People often bring up roads and infrastructure as the counterpoint to the libertarian injunction to “privatize it!” Chris Edwards – editor of the Cato Institute’s DownsizingGovernment.org – says that infrastructure isn't quite the exception government’s cheerleaders make it out to be. In a recent policy bulletin, Who Owns U.S. Infrastructure?, Edwards shows how the Federal Government can decrease its involvement in roads, bridges, ports and dams. The majority of infrastructure is already owned and operated by the private sector, with the next largest chunk owned by state and local governments – as it should be. “Asset ownership conveys responsibility;” Edwards says, “federal intervention diffuses it.” He joins Bob to discuss the true state of U.S. infrastructure (rumors of its demise have been greatly exaggerated) and the hands-off policies that can accelerate the right kind of infrastructure at the right price.
- @CatoEdwards | Twitter
- Who Owns U.S. Infrastructure? By Chris Edwards, Cato Tax & Budget Bulletin, June 1, 2017
- Will Privatizing Air Traffic Control Fly? By Chris Edwards, Newsweek.com, June 6, 2017