Adam Smith’s Rubbish Bin (TM)
Professors Bill Keep and Nancy Lasher defend the benefits of competitive markets while exposing business behaviors that just might make Adam Smith turnover in his grave. As a reminder, Smith was the 18th century philosopher whose theory of supply and demand gave us the market economy
Adam Smith’s Rubbish Bin (TM)
Federal Intervention in Business: Industrial Policy or Presidential Ego?
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BKNL Productions LLC
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Season 1
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Episode 15
For decades conservative economists have railed against government intervention in business, actions that undercut a laissez-faire philosophy. Where are their complaints now? In this podcast we look at the current and apparently continuing intervention of the White House in business operations - taking ownership, demanding royalties, even halting or changing operational decisions. Is this new industrial policy? Or is this something else?