3/24/23 Ryan McMaken on Nuclear Weapons and How the Fed Fuels Inequality

Scott Horton Show - Just the Interviews

Scott Horton

News, Politics

4.8 • 902 Ratings

🗓️ 29 March 2023

⏱️ 55 minutes

🔗️ Recording | iTunes | RSS

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Summary

Scott is joined by Ryan McMaken of the Mises Institute to talk about nuclear weapons and the boom-bust cycle. They begin with a discussion of McMaken's recent article pushing back against common arguments for the production of more nuclear weapons. McMaken argues that, even if you accept the premise that we need nuclear weapons for deterrence, it does not follow that we need thousands of them. They then move on to the economy. They first dig into what’s actually behind today’s inflation and looming recession. That leads to a broader discussion about why some of the most important goods and services, like housing and healthcare, are growing more expensive. Discussed on the show: “No, We Don't Need More Nuclear Weapons” (Mises Wire) “The Fed Backtracks on Future Rate Hikes as Bank Failures Loom Large” (Mises Wire) Mises.org Ryan McMaken is a senior editor at the Mises Institute. He has degrees in economics and political science from the University of Colorado, and was the economist for the Colorado Division of Housing from 2009 to 2014. He is the author of Breaking Away: The Case of Secession, Radical Decentralization, and Smaller Polities and Commie Cowboys: The Bourgeoisie and the Nation-State in the Western Genre. This episode of the Scott Horton Show is sponsored by: Tom Woods’ Liberty Classroom; ExpandDesigns.com/Scott. Get Scott’s interviews before anyone else! Subscribe to the Substack. Shop Libertarian Institute merch or donate to the show through Patreon, PayPal or Bitcoin: 1DZBZNJrxUhQhEzgDh7k8JXHXRjY Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	All right, y'all welcome to the Scott Horton's show.
0:02.0	I'm the director of the Libertarian Institute.
0:09.0	I'm the director of the Libertarian Institute,
0:14.8	editorial director of anti-war.com.
0:17.6	Author of the book, Pools Arren,
0:19.6	time to end the war in Afghanistan,
0:21.6	and the brand new enough already. Time to end the war in Afghanistan and the brand new enough already time to end the war on
0:24.8	terrorism and I've recorded more than 5,500 interviews since 2003 almost all on
0:31.3	foreign policy and all available for you at
0:34.3	Scott Horton.org you can sign up the podcast feed there and the full interview
0:39.1	archive is also available at YouTube. YouTube. say it right? And yes, the first time in my life I set the man's name correctly, but I meant
0:56.4	to all the time because I respect his great work so much. No, we don't need more nuclear weapons, reads the headline over there at meases.org, the meases wire blog.
1:08.0	They're great article. Welcome back to the show, how you doing, right?
1:11.0	It's great and it's great to be with you. I'm great and it's great to be with you. Yeah, great. So you're
1:16.4	anti-government too. I like that. Listen, but this is, I wrote the book, Abolished Nuclear Weapons. This is the Menarchus Take. We just need a few is that right?
1:27.8	Well, I don't even know that this is even the proper take. I mean, I'm just taking a gradualist point of view here that if you
1:37.7	are going to accept the presumption that the United States should have and is entitled to have and all of those usual arguments
1:50.4	should have nuclear deterrence, that if you just accept that premise even, then yeah, you don't need
1:58.8	thousands of nuclear weapons, you need maybe dozens, would fit perfectly well with established even
2:09.1	like standard defense department sort of research going back to the 1960s in terms of what's necessary
2:16.6	to establish deterrence.
2:18.1	So I mean, this isn't even a radical view, right?
	...

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