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Tackling More of Robert Reich’s 'Economic Myths'
Episode 455

Tackling More of Robert Reich’s 'Economic Myths'

The Human Action Podcast · Mises Institute

July 5, 2024

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Show Notes

Are wealthy people getting wealthier because they work harder? Dr. Jonathan Newman is back on the show to discuss Robert Reich's latest videos about debunking economic myths.

Robert Reich incorrectly blames the free market when businesses act on incentives provided by the government. He condenses this information into short, impactful videos for his audience. However, most of what Reich talks about isn't really economics. And when he does discuss economics, he relies on flawed assumptions that have been meticulously refuted over the past century. Bob and Dr. Newman dissect the misconceptions and provide some insights.

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Topics

Cronyism and CorporatismFree MarketsLabor and WagesOther Schools of Thought