On FPF #235, Steven Clyde comes to the show to discuss the economics of war. The 2019 NDAA authorized $717 billion in defense spending for a single year. Steven gives his take on Austrian Economics and his analysis of what massive “defense” spending does to the economy.
Steven Clyde is the host of the Peace and Liberty Podcast.
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The most famous sentence in Adam Smith's 1776 treatise, An Inquiry into the Nature and Causes of the Wealth of Nations, appears in Book I, Chapter 2: It is not from the benevolence of the butcher, the brewer, or the baker, that we expect our dinner, but from their...
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