Business Insanity Talk Radio

What role should the government play in small business owners economic life? It seems that with the Trump tariffs are at tax that the government is putting on all our lives, but should it just stay out of it?My next guests argue that that the evidence points to that  government interference and failed policies pose the most significant threat to economic freedom.Senator Phil Gramm served six years in the U.S. House of Representatives and eighteen years in the U.S. Senate where he was Chairman of the Banking Committee. Senator Gramm is a Visiting Scholar at the American Enterprise Institute.I also talk with Donald J. Boudreaux who is an American economist, author, professor, and co-director of the Program on the American  Economy and Globalization at the Mercatus Center at George Mason University in Fairfax, Virginia.They have a new book called “The Triumph of Economic Freedom: Debunking the Seven Great Myths of American Capitalism”.Here is what we discussed:The genesis myth: the industrial revolution impoveri