Why Institutions Matter for Prosperity

Economist Justin Wolfers joins Charlie Sykes to unpack the puzzling disconnect between Wall Street’s optimism and Main Street’s uncertainty, and what that says about America’s economic direction. They dive into Trump’s tariffs, Argentina’s bailout, and how “crony capitalism” tilts the playing field toward big corporations. Wolfers also reflects on his recent Boyer Lecture, arguing that the erosion of democratic institutions pose the greatest threat to long-term prosperity.

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