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20 sats \ 7 replies \ @Undisciplined OP 20h \ parent \ on: Say "Cheese" for Tariffs econ
I'm sure it will be a very mixed bag.
He's not one of us, but he's as close as we're likely to get.
It would be even better if he had some Austrian advisors. I am not sure that he does at this point, due to wanting to use tariffs to protect the economy (both of which are bad ideas). To me, it looks like China is going through the throes of economic maladjustment corrections right now. Japan did it before and they are still suffering and still protecting. I am just curious to see what forms of correction China will be experiencing on their feast of consequences.
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I think Vivek was the only one.
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Is Vivek an Austrian? He sounds like he has some familiarity, but some of his suggestions reek of statism and interventionism. Was he speaking of those only because it is expected in most circles to demonstrate state power?
I see he is currently running for governor of Ohio. It looks like he is looking for a foothold into politics.
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He's very familiar with Austrian theory. He was a summer fellow or something with the Mises Institute when he was in college. He's been on all the major Austrian podcasts and clearly "gets it".
He's a bit like Rand Paul where he sort of codes more statist than he really is.
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I think that some of the politicians have to fit in by talking some of the statist garbage that is expected of a politician because the are viaing to be part of the state apparatus. If they don’t do it they never get elected and, thus, never get to affect policy with Austrian thought. I always wonder about politicians, they seem to be the quintessential high school class officer type person, terribly plastic.
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If you listen close, both Rand and Vivek are almost never advocating an increase in state action. Even when they want the state to try to fix an issue in society, their proposal is usually for the state to stop doing something else that's causing it.
I think the hope is to appeal to the "The government needs to do something" people without alienating the "The government needs to stop fucking everything up" people.