Minimum wage increases, higher taxes on the rich, or new import tariffs won’t solve deep structural problems with the American economy: spending, debt, entitlements, and unchecked monetary expansion. Yet while the candidates posture, millions of Americans are now stuck in a new normal of decreasing wealth and decreasing opportunities.
Jeff Deist, president of the Mises Institue, talks about the abysmal status of economic departments in academia. #economics #deist #mises Recorded at the Mises Circle in Boston on the campus of Harvard University, on 1 October 2016. Full video, licenced under creative common: https://www.youtube.com/watch?v=oXrEChbc5gI — |
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