James Grant: The United States of Insolvency

04/29/2016 James Grant Jeff Deist

Our guest this week is James Grant, founder and editor of Grant’s Interest Rate Observer. Jeff and Jim discuss Jim’s recent cover article in Time magazine, and the reaction it received from Krugman and others on the left.

They also discuss comments recently made by Ben Bernanke, who argued in favor of the Fed looking into helicopter money. When did fiscal and monetary sanity become a radical position in America?

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.