The Federal Reserve's Decline

Scott is again joined by Ryan McMaken of the Mises Institute to talk about the economy. First, they examine the major fluctuations in the money supply to help us predict where in the boom-bust cycle we might be. They then identify the dominant economic philosophy of the U.S. government before finishing with a discussion of the national debt, housing and employment. 

Discussed on the show:

• “Money Supply Growth Falls to Depression-Era Levels for Second Month in April” (Mises.org)
• For a New Liberty by Murray Rothbard

Ryan McMaken is executive editor at the Mises Institute. He has degrees in economics and political science from the University of Colorado, and was the economist for the Colorado Division of Housing from 2009 to 2014. He is the author of Breaking Away: The Case of Secession, Radical Decentralization, and Smaller Polities and Commie Cowboys: The Bourgeoisie and the Nation-State in the Western Genre.

This episode of the Scott Horton Show is sponsored by: Tom Woods’ Liberty Classroom; ExpandDesigns.com/Scott.

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