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The David Knight Show

INTERVIEW Property, Liberty, & The Common Good

The David Knight Show

David Knight

Christianity, News, Society & Culture, Politics, Religion & Spirituality

4.6755 Ratings

🗓️ 21 March 2023

⏱️ 37 minutes

🧾️ Download transcript

Summary

Alexander William Salter, awsalter.com, Economics Research Fellow with Free Market Institute at Texas Tech University, Associate Prof of Economics and associate editor of the Journal of Private Enterprise. Mr. Salter joins to talk about the current financial instability and how his two books look at the foundation of Western liberty and how to repair those failing foundations. His two books coming out this year "The Political Economy of Distributism: Property, Liberty, and the Common Good" and "The Medieval Constitution of Liberty: Foundations of Political Liberalism in the West".

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Transcript

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0:00.0

Alexander Salter, and he is a fellow, and comparative economic research fellow at the Texas Tech

0:14.4

Free Market Institute.

0:16.2

And he is also associate editor of the Journal of Private Enterprise.

0:22.1

He is an associate professor of economics there at Texas Tech.

0:25.7

And he has written several books in the past.

0:28.4

And he's got two books that are coming out this year.

0:31.0

The books are about economics and about liberty.

0:34.1

And that's very important.

0:35.0

And so I wanted to talk to him about those books as well as kind of current events.

0:41.2

So joining us now is Alexander Salter.

0:43.4

Thank you for joining us, Mr. Salter.

0:45.4

Great to be back.

0:46.4

Thanks for having me.

0:47.3

Well, thank you.

0:47.9

It's always great to talk to you.

0:49.1

And we've got a decision that is going to be announced tomorrow about interest rates.

0:55.2

I like this headline from Zero Hedge, Powell's Volker moment.

0:59.4

Whatever the Fed does on Wednesday will be a mistake because we're kind of stuck between a rock and a hard place between trying to tame inflation and a recession.

1:10.1

So how do you see this? What do you think is,

1:12.2

where are we right now in this? It is a bit of a tough scenario. On the one hand, I'm actually

1:17.3

most mad at the banks themselves. I understand the regulatory policies. I understand too big to

1:22.3

fail on the perverse logic that that sometimes gives people who are actually running banks and

...

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