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David Stockman, himself of the Reagan Administration, recounts the horrific economic policies of recent administrations, describes their consequences, and proposes solutions. Hint: they include abolishing the Federal Open Market Committee, which the Fed uses to make monetary policy.

About the Guest

David Stockman, a former member of the U.S. Congress, served as chairman of the Office of Management and Budget under Ronald Reagan (1981-1985). Following a subsequent career on Wall Street, Stockman opened his own private equity fund company, Heartland Industrial Partners, in Greenwich, Connecticut.

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Book Discussed

Trumped!: A Nation on the Brink of Ruin…And How to Bring It Back

(This is the Kindle edition; the paperback comes out in a few weeks.)

Guest’s Other Book

David Stockman, The Great Deformation: The Corruption of Capitalism in America

Guest’s Website

David Stockman’s Contra Corner

Guest’s Twitter

@DA_Stockman

Previous Appearances

Ep. 406 David Stockman: Progressive Defenses of Obamanomics Are Laughable

Ep. 299 The Keynesian Toolbox Is Empty

Ep. 185 Stockman on War and the Fed

Ep. 128 David Stockman on Keynes and the GOP

Ep. 66 David Stockman on Krugman, the Fed, and the Future

Other Podcast

Enjoy the Tom Woods Show? You’ll love my once-a-week podcast with Bob Murphy, Contra Krugman!

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