Why capitalism – warts and all – always beats socialism
Arthur Diamond joins Jim Blasingame to reveal the truth about the inherent failure of socialism, and how capitalism, with all its faults, is still the best economic system.
Category:
Entrepreneurship, Government, Politics
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Art Diamond joins Jim Blasingame to discuss why having the federal government support the effort of each state to respond to their coronavirus challenges is better than having a national plan.
Art Diamond joins Jim Blasingame to discuss the Hayak approach to solving macro-problems like economies and ending pandemics, which is to rely more on decentralized decisions applying the wisdom of crowds.
Art Diamond joins Jim Blasingame to discuss the impact of the disconnect between Wall Street and Main Street, as well as government regulations on the future of entrepreneurship in America.
Art Diamond joins Jim Blasingame to discuss the essential element of entrepreneurship in the strength of the U.S. economy, and what we have to do to keep it robust, which includes limited government regulations.
Arthur Diamond joins Jim Blasingame to reveal some ideas on how to move more quickly to a COVID-19 vaccine by allowing volunteers to become part of the Phase 3 trials that can take years to complete.
