Gold Newsletter Podcast – Economic Freedom versus Populism

Description

Across the world, populist movements are on the rise. Fred McMahon, an economist and resident fellow with the Fraser Institute, joins us to discuss the challenges of defining populism and the pitfalls for advocates of economic freedom in the face of divisive rhetoric.

Three factors have fueled the latest populist reaction, explains McMahon: a serious financial crisis, large changes in technology, and the explosion of migration. Given this scenario, he points out the need to communicate that crony capitalism is not free markets.

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Meet the hosts

Fergus Hodgson is the chief executive of Antigua International, a consulting firm that connects the Americas, and he is the roving editor of Gold Newsletter. Originally from New Zealand, he has been a nomad for the past eight years, and his personal blog is the Stateless Man.
Brien Lundin is president and CEO of Jefferson Financial, which publishes Gold Newsletter and hosts the New Orleans Investment Conference. He has four decades of experience in investment markets.

discussions

  • People tend to think that despots are a surprise. Suddenly a society encounters a Hugo Chavez, a Hitler, a Fidel Castro, Mussolini. After that society suffers as a victim the rigors of despotism. In this book I put myself away of the the myth of the innocent society. On the contrary, the despot is the product of misconceptions that have been injected or prevail in a society. They are very specific ideas, completely incompatible with the notion of limited government, representation and rule of law. The book is now available in the Liberty.me library to download. Those misconceptions, which are not exhausted in this list are: identification of dictatorship with physical violence, absolute democracy, social democracy, egalitarianism, the class struggle, identifying legislative will of state law and the pursuit of government wise, the income tax even the notion that the press is going to keep us free. And there is an answer that we can search together: Can this happen in the USA? Just ask yourself if these misconceptions are already settled.

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