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You're listening to The Tom Woods Show.

Hey everybody, Tom Woods here. It's episode 2676 at the Tom Woods show. And I'm very glad to be talking to Jeff Degner today. Jeffrey Degner is a guy I just met last week at the Meesa Institute. And I read his book that you'll see on the screen right here, inflation and the family, monetary policies impact on household life. He is Dean of the School

of Business and Innovation and a professor of economics at Cornerstone University. And Jeff,

let me just say a couple of things about this. Well, in fact, the context for this is in a sense that

last week, beginning of last week, we kicked off the Mises

University program at the Mises Institute, and I was the opening speaker. And one of the points I was

making was that I can understand some of the criticisms that, let's say, Trumpian influencers might

have of a certain kind of economist, who really is obsessed with GDP and everything

has to be subject to that and all we care about is this number on a chart. But most of us aren't that

way, or at least a lot of us aren't that way. And I think the pendulum has swung too far in the direction

of the economists or a bunch of dumb-dums who focus on dumb things when

we have all these existential issues at stake and, you know, why don't they understand that they

need to focus on this and that and the other thing? And I've just had enough of that. And the point

of my talk was that, you know, if you really do care about the things you say you care about,

you're going to achieve your goals much,

much better if you learn what good economists have to teach you. And if you don't, you're either

going to get in your own way, or it's going to be a lot slower, or you're going to be at cross

purposes with yourself. And it so happens that you have this book that amplifies everything I was trying to

say, which is that if you're concerned about family life, their instincts these days are, well,

we'll just have right-wing social policy instead of left-wing social policy. Well, how about

undoing the bad things you're doing now? That's the lowest hanging fruit of all. So anyway,

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