Tinkering with the Economy -Bad Idea | #175
Update: 2022-03-07
Description
This week's podcast is a continuation and part 2 of the last show, "E-communist or Economist?" Peter continues going through his paper he wrote on a survey conducted on economists, entitled "New Survey Shows Economists Are Warming Up to Central Planning". In this episode, we describe what is causing economists to shift their beliefs so much in the past 20 years.
Quote of the Cast
"Culture lacks believing in a truth" - Russ
Timeline:
Wealth Distribution / 1:00
20 Point Swing in Ten Years / 7:05
Economists Have Less Faith in Taxes / 11:45
"Pushing" Them Over the Border / 15:30
Can We Crawl Back / 23:30
Less Confidence in Markets / 28:35
Eating Our Seed Corn Too Long / 38:05
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