Brian Albrecht - What Can Policy Makers Learn From Economists?

Matt speaks with Brian Albrecht about how policymakers can think more like economists by emphasizing the role of prices, trade-offs, and unintended consequences in shaping effective policies. Brian and Matt discuss tax policies, antitrust laws, and some very silly tariffs to illustrate the importance of applying economic reasoning to address societal challenges while minimizing inefficiencies.

References

1. Brian Albrecht's Substack, Economic Forces
   Link: https://substack.com/@briancalbrecht 

2. "Rebellion, Rascals, and Revenue: Tax Follies and Wisdom Through the Ages" by Michael Keen and Joel Slemrod
   Link: https://a.co/d/94DlEoq 

3. "The Constitution of Liberty" by Friedrich Hayek
   Link: https://www.amazon.ca/Constitution-Liberty-Friedrich-Hayek/dp/0226320847

4. "The Theory of Moral Sentiments" by Adam Smith
   Link: https://www.amazon.ca/Theory-Moral-Sentiments-Adam-Smith/dp/0143105922

5. "Basic Economics: A Common Sense Guide to the Economy" by Thomas Sowell
   Link: https://www.amazon.ca/Basic-Economics-Common-Sense-Guide/dp/0465060730 

6. "Antitrust Paradox: A Policy at War with Itself" by Robert H. Bork
   Link: https://www.amazon.ca/Antitrust-Paradox-Policy-Consumer-Welfare/dp/0029044561