Economics & Beyond with Rob Johnson cover image

Glenn Hubbard: The Antidote to the Wall is the Bridge

Economics & Beyond with Rob Johnson

00:00

What Wall and What's a Bridge?

A wall is a sand in the gears for change. Smith, when he wrote the wealth of nations, was reacting to mercantilism. The purpose of the trading system is to bolster gold and silver that the sovereign would have to fight wars and personal luxury. Winning on average doesn't mean that everybody wins. And there's always the expression that gainers can compensate losers but do they?

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app