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The John Stossel InterviewsAuthor: Stossel TV
After 40 years of reporting, I now understand the importance of limited government and personal freedom. Subscribe to this show, and youll get extended interviews with newsmakers and people who I think are interesting or have something important to say. You can watch my video reports on JohnStossel.com --------- John Stossel is a libertarian journalist who hosted a show on Fox Business and co-anchored ABCs primetime newsmagazine show, 20/20. He has received 19 Emmy Awards and has been honored five times for excellence in consumer reporting by the National Press Club. Language: en-us Genres: News Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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Ep. 45 Hayek’s Warning We Ignored: Government Planning Doesn’t Fix Economies
Monday, 1 June, 2026
Politicians say they can “fix” the economy.But economists Friedrich Hayek and Ludwig von Mises pointed out how government “fixes" lead to bigger problems.Hayek and Mises predicted the fall of the Soviet Union. They warned that centrally planned economies fail.But today, socialism is popular again. New York and Seattle have elected socialist mayors.Many politicians still believe that government can manage the economy—an idea popularized by economist John Maynard Keynes.Keynes was revered. Politicians love his arguments.But Hayek and Mises warned that government intervention leads to inflation, instability, and boom-bust cycles.They were right.In this podcast, Ryan McMaken of the Mises Institute explains why we should read Hayek and Mises today.
