John Tamny: More Freedom is SAFER than what we are doing now
John Tamny: More Freedom is SAFER than what we are doing now
John Tamny is the Vice President and Director of the Center for Economic Freedom at FreedomWorks, the editor of Real Clear Markets and Senior Economic Adviser to Applied Finance Group. As an author, his latest publication is ‘When Politicians Panicked: The New Coronavirus, Expert Opinion, and a Tragic Lapse of Reason’.
In this interview we focused on John’s primary argument – that we are witnessing massive swings toward centralised economic planning. This leads to his diagnosis that more freedom is actually safer at the population level, and we are abandoning that safety for psuedo-safety which is actually more dangerous.
Watch this episode at: https://youtu.be/QvxhuBoV9AQ
JOHN TAMNY
https://www.johntamny.com
https://www.realclearmarkets.com/authors/john_tamny
John’s Book ‘When Politicians Panicked’:
https://www.amazon.com.au/When-Politicians-Panicked-Coronavirus-Opinion-ebook/dp/B08TB5MSFN
Article on Inflation vs Central Planning
https://www.forbes.com/sites/johntamny/2021/10/24/theres-no-supply-chain-shortage-or-inflation-theres-just-central-planning
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1:46 This is not inflation, it’s a supply problem due to central planning
4:39 Prices on everyday goods are surging (inflating?) in the USA
5:40 Ending supply chain shortages
6:43 Centralised economic planning is taking over
9:06 Arguments of inflation occurring under Joe Biden
12:40 Joe Biden’s excuse for rising prices
15:43 Why are property prices still exploding?
20:00 Creative ventures drive progress, not the purchase of houses
21:43 Repeating the 2008 global financial crisis
24:47 Politicians will not allow markets to correct
28:44 When Politicians Panicked: The New Coronavirus, Expert Opinion, and a Tragic Lapse of Reason
30:12 ‘Lives are more important than money’
32:39 Negligence or willful destruction?
34:48 Governments scaring their people
37:34 When the world ‘lost its collective mind’
40:04 Free markets have a greater collective wisdom than governments ever could
42:37 People are safer when they act freely
47:13 Freedom is most important in the face of the greatest threat
48:50 Leaving people alone is a virtue and it works better
50:31 Countries responding well to Covid-19
52:29 The importance of the USA as an example to the world
54:17 Magic wand to fix the whole world
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