Ep 311 – Economic Nationalism vs Economic Freedom

September 11, 2017
September 11, 2017 Tim Preuss

Ep 311 – Economic Nationalism vs Economic Freedom

In a 60 Minutes interview, Steve Bannon made it painfully clear that he favors what he calls “economic nationalism”. What IS that though? Quite simply, it’s a new name for failed big-government policies that have been implemented throughout history, and have been debunked ever since Adam Smith wrote The Wealth of Nations in 1776.

Call it what you will – mercantilism, protectionism, tariffs, trade barriers – it doesn’t work, and it goes against what government is here to do. Government is here to protect our liberty, including our economic liberty. People should be allowed to purchase whatever product they want, even a Chinese one, without government stepping in to protect certain domestic industries and businesses.

Also, Bill Maher made a remark that Floridians and Texans shouldn’t be receiving federal aid to help in the hurricane recovery efforts. It’s disgusting twisted comments like this that handed Donald Trump the election.

Further reading on economics – 

The Wealth of Nations by Adam Smith

Basic Economics by Thomas Sowell

Economics in One Lesson by Henry Hazlitt

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Tim Preuss

Tim Preuss is the founder and CEO of Preuss Media LLC. Along with writing for PreussPodcast.com, he hosts the Tim Preuss Podcast Monday through Friday, available on iTunes, and regularly interviews prominent personalities within the liberty community.
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