AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Cato Daily Podcast
The New Right Gets Mugged by an Old Reality
Nov 13, 2023
The podcast explores the impact of heavy-handed government approaches to trade and regulation, skepticism towards government intervention, and the unrealistic nature of the new right's support for industrial policy and antitrust regulation. It also discusses the fallacy of political gaming in free market and interventionist policies, highlighting how only interventionist policies maintain or expand the government's role in the economy.
17:54
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Mainstream economic measures fail to account for methodological issues and ignore historical evidence.
- Free market fundamentalists are detached from the realities faced by everyday Americans, and the American population craves a more interventionist approach.
Deep dives
The New Right's Critique of Traditional Economic Measures
The podcast discusses Oren Cass's critique of traditional economic measures, such as inflation metrics and trade deficit calculations. Cass argues that these measures are flawed and fail to account for methodological issues. He asserts that mainstream views on tariffs and industrial policy are misguided and do not consider historical evidence. Cass contends that the new right, which includes politicians like JD Vance and Josh Hawley, believes that free market fundamentalists are detached from the realities faced by everyday Americans.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode