The Peter McCormack Show #017 - Peter St Onge - Liberty, Central Banks, Sound Money & Free Speech
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Oct 30, 2024 Peter St Onge, an economist at the Heritage Foundation and Mises Institute fellow, dives into the intricacies of government overreach and economic policy. He discusses the role of debt on growth and critiques the bureaucracy's impact on local entrepreneurship. St Onge explores the feasibility of dismantling government entities like the Federal Reserve, shares insights on healthcare inefficiencies, and advocates for pragmatic reforms over radical changes. The conversation also touches on the dynamics of free speech and media's role in political accountability.
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Bureaucracy's Alliance
- Bureaucracies, once independent of politicians, become self-serving entities.
- They often ally with socialists, sharing the common goal of increased government control.
Lost Battle for Limited Government
- The battle for limited government was lost around World War I, as political parties converged ideologically.
- This resulted in decreased voter turnout and a lack of true libertarian representation.
Clarkson's Farm
- Jeremy Clarkson's farm show illustrates the struggles of small businesses against bureaucratic overreach.
- Despite Clarkson's efforts to support local farming, he faced constant obstacles from authorities.