Episode notes
Key Themes:
Failure of the Free Market System: Both articles, albeit in different contexts, reflect a growing disillusionment with the promises of free market capitalism. The Bloomberg article argues that the 2008 financial crisis exposed the flaws in this model and led to a decline in public trust. The Daily Caller article, through the actions of the migrant caravan, points towards a perception of limited opportunity and potential economic hardship under the existing system.
Rise of Economic Nationalism: The Bloomberg article traces the trajectory of economic thought from the Keynesian model to the free market policies of Reagan and Thatcher, ultimately culminating in a resurgence of mercantilism. This is evidenced by increasing protectionism, government intervention in the economy, and a focus on national interests over global coope ...