ReasonTV
@ReasonTV·1.4M subscribers·4.8K videos
Nobel-winning economist: Democrats are committed 'to spending other people's money'
Posted
March 29, 2023
Views
28,402
Likes
1,465
Comments
200
Engagement
5.86%
March 29, 2023
28,402
1,465
200
5.86%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
8:20Now PlayingVernon Smith weighs in on Biden's budget, how government causes inflation, and why bailing out Silicon Valley Bank was a bad idea.
Vernon Smith received the 2002 Nobel Prize in Economic Sciences for his pioneering work in experimental economics. I caught up with the 96-year-old recently in Southern California and conducted a long interview about his life and work that will appear as a Reason podcast.
Here's part of our conversation about President Joe Biden's massive $6.8 trillion budget plan, the role of government spending and Federal Reserve policy in causing inflation, the bailout of Silicon Valley Bank, and why Smith believes "it's very hard to keep Democrats [from] wanting to make the world better by spending other people's money."
Produced by Nick Gillespie and Justin Zuckerman; Sound editing by Ian Keyser
Credits: Evan Cantwell / UPI Photo Service/Newscom; PPS Vienna/ZUMA Press/Newscom; CNP/AdMedia/Newscom; Gripas Yuri/ABACA/Newscom; Rod Lamkey - CNP / MEGA / Newscom/RSSIL/Newscom; Ingram Publishing/Newscom; Rod Lamkey - CNP/Sipa USA/Newscom; Bastiaan Slabbers/Sipa USA/Newscom
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
