Episode 110: Enough Avoidable Recessions, a Discussion with Alan Reynolds

Recessions are sad enough when they can’t be avoided, but purposely creating them because of poor economic theory or practice is an entirely new level of unacceptable. That is the view of yours truly, as well as the view of my guest on Capital Record this week, Alan Reynolds. Alan is a senior fellow at the Cato Institute and a long-time Reagan-era supply-side economist and thought leader. Listen in for a conversation on why inflation is lower than people think -- and has been -- and why the Fed is making the same mistake in 2023 that it made in 2021, only from the other side of the coin. Just as “too easy” creates all sorts of problems, “too tight” does the same -- and then, guess what, leads to a new era of . . . “too easy.”

Om Podcasten

American prosperity was built on a foundation of free markets and free people. But, with inflation on the rise and a struggling market, many in America’s political class are attempting to recycle failed socialist ideas and calling for government intervention in nearly every aspect of American life. In this National Review Capital Matters podcast, presented by the National Review Institute, financier David Bahnsen hosts interviews with the nation’s top business leaders, entrepreneurs, and financial commentators. Tune in to hear guests such as Larry Kudlow, Steve Forbes, and Art Laffer present a practical and moral vindication of America’s capitalist way of life.