Jeff Deist, president of the Mises Institute, is back to talk about the strange economic situation we find ourselves in. Deist observes that the issue with today’s economic discourse is the focus on GDP and employment. What really matters, he says, is productivity. Through that lens, Deist helps us interpret the warped economy that the government brought about through its historic levels of intervention during the pandemic. Deist and Scott also talk about the importance of opposing war, the most destructive government policy of all.
Discussed on the show:
- “In Latest Recession Signal, Money-Supply Growth Plummeted to a Three-Year Low in August” (Mises Wire)
- Dave Smith Breaks Down the Reasons Russia Invaded Ukraine on Joe Rogan
Jeff Deist is president of the Mises Institute, where he serves as a writer, public speaker, and advocate for property, markets, and civil society. He previously worked as a longtime advisor and chief of staff to Congressman Ron Paul, for whom he wrote hundreds of articles and speeches. Follow him on Twitter @jeffdeist.