Ryan Research Podcast Productive Economics - Julius Krein - Ryan Research Podcast #14
Jul 24, 2023
Julius Krein discusses the history of American economic development, challenges faced by the managerial class, US-China economic relationship, corporate dynamics, bringing back manufacturing jobs, and the intersection of entrepreneurship, economics, and innovation in a changing economic landscape.
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Krein's Career Shift
- Julius Krein's transition from finance to public intellectual began with the Trump phenomenon in 2016.
- He co-founded a blog that gained unexpected popularity, leading to the creation of American Affairs journal.
Challenging Neoliberalism
- American Affairs journal challenges the neoliberal economic model.
- It advocates for domestic manufacturing and questions the erosion of US industrial capacity.
Historical American Economics
- The current liberal economic paradigm is a recent construct, not the historical norm in the US.
- Early American history reveals high tariffs, industry promotion, and government intervention in economic development.