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9min chapter
How to Destroy a Country: Venezuela with Noah Smith
The David McWilliams Podcast
Economic Ideologies: Chicago vs. Saltwater
This chapter examines the ideological divide between the Chicago School of Economics and the Saltwater School, focusing on their foundational beliefs and real-world impacts. It links economic theories to historical events, discussing the consequences of extreme policies such as nationalization and price controls in Venezuela and their parallels to the French Revolution.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode