Free Republic

Guest(s): Steve Hanke Professor of Applied Economics, Johns Hopkins University President Donald Trump is not facing stiff competition for the presidential elections in November, and a low chance of a recession should further help his odds, this according to Steve Hanke, professor of applied economics at Johns Hopkins university. “If you look at the challengers, there’s not much to write home about. They’re pretty pathetic,” Hanke told Kitco News. “The economy might not make Trump a shoe-in, but it’ll be in pretty good shape and he’ll be pretty tough to challenge. (Video at link)

<p>Have you wondered why politicians frequently recommend policies that are destructive to economic growth? Or why cities with "rent control" end up having decrepit housing? Or why medical care costs rise much faster than inflation?</p> <p>The answers to these and many other public policy questions can be found in Thomas Sowell's informative and entertaining new book, "Applied Economics." If I had chosen the title, I would have dropped "Applied Economics," which sounds boring (the book is not), and led with the subtitle "Thinking Beyond Stage One," which is the real theme of the book.</p>