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Kamala/Trump Policy Discussion: Housing, Immigration, Tariffs
"Econ 102" with Noah Smith and Erik Torenberg
Beware of Economic Populism
The government's ability to mandate prices, such as for eggs, is limited without legislation, as such measures risk being overturned by the Supreme Court. Instead, focus should shift towards enforcing antitrust laws through agencies like the DOJ to address issues in the food processing sector. The embrace of populist ideas, particularly those advocating for price controls, reflects a troubling trend in progressive economic thought that may persist for decades, promoting a mindset that prioritizes power dynamics over abundance, potentially leading to increased regulatory hurdles.
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