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The David Knight Show

INTERVIEW Street Economist: How to Economics So That Even a Socialist Can Understand

The David Knight Show

David Knight

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

4.6765 Ratings

🗓️ 7 November 2023

⏱️ 47 minutes

🧾️ Download transcript

Summary

Will the Peronista cult of Evita Peron continue to drag Argentina to socialist hell of hyperinflation and taxes?
Will Taylor Swift fans' self-owned, "Swifties Against Freedom Advances" hurt libertarian economist Javier Milei's chances in 10 days of turning the country around?

How would YOU answer a socialist who says nonsense like Obama, that free markets are a tool of slavery and colonization? Axel Kaiser, author of "Street Economist, Fifteen Economic Lessons Every Citizen Should Know" joins to give you intellectual ammunition to defend liberty

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Transcript

Click on a timestamp to play from that location

0:00.0

Joining us now is the author of this book, The Street Economist,

0:09.6

subtitle is 15 Economic Lessons, Every Citizen Should Know.

0:13.8

Axel Kaiser is the author who is joining us now.

0:16.7

And he has, he's an internationally known writer and economist.

0:22.6

He is involved with many different, in Central and South America.

0:28.6

He's a Chilean German lawyer.

0:31.6

He's also a senior fellow at the Atlas Center for Latin America based in Miami,

0:35.6

a visiting scholar at Stanford University's Hoover

0:38.3

Institution, besides being a best-selling author and well-respected in terms of his

0:43.7

ability to explain things. And that's the key thing. If you really understand something,

0:48.3

you can simplify it for people. And that's what he does. He's got 15 simple examples. It's not a lot of economic analysis and not a lot of jargon. It's just an everyday street terms. And it's been very successful in terms of getting people to understand what is happening. And when you combine an explanation of free market economics with a hyperinflation sitting in

1:13.7

Argentina, that starts to move things.

1:15.7

And so last time he was on, we talked about Javier Malai in Argentina, a surprise, strong

1:24.8

showing by him in the first election as a libertarian economist. He came in

1:31.6

first place. And since we spoke, there's now been another election. And I wanted to get Axel

1:37.7

Kaiser's comments about that because he knows Javier Malai, who's in Argentina.

1:44.3

Again, Axel is in Chile.

1:46.1

So thank you for joining us, sir.

1:47.8

Thank you very much for having you.

1:49.7

Now, since we last talked, as I said, we've had this election,

1:52.5

and Javier Malai came in second.

1:54.7

I was surprised to see that the guy who is the socialist candidate,

...

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