Power & Market

The Scott Horton Show: McMaken on Capitalism and Peace

In this interview with Scott Horton, Scott talks with Ryan McMaken about free markets and free trade. They begin with a discussion about the role of the Mises Institute in the push for sound money. Scott then asks McMaken about the nuances of debating capitalism vs. socialism while living under a mixed economy. They then discuss the changing role of the United States in the world. McMaken believes a “rules-based international order” existed after the fall of the USSR but that the US destroyed it by invading Iraq in 2003. McMaken argues that the best path forward is a commitment to the classical liberal ideals of free markets at home and nonintervention abroad (32 minutes).

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