Podcast appearances and mentions of Randall G Holcombe

- The economy grows when political and economic power are separated. The closer they are to each other, the worse for growth, argues Randall G. Holcombe, an economist from Florida State University. You will also find out:- how market power differs from economic power?- how has the concept of power been evolving since the time of foragers?- how to eliminate the "rent-seeking"?You can watch the podcast as a video with Polish subtitles

Randall G. Holcombe, DeVoe Moore Professor of Economics at Florida State University and co-author of The Essential James Buchanan, joins host Rosemarie Fike to discuss the life and philosophy of economist James Buchanan, including his contributions to public choice theory. They even get into why it is that government officials struggle to have the right information and the right personal incentive to make optimal decisions for society.  See omnystudio.com/listener for privacy information.

Chris Coyne lays out a powerful critique of American foreign policy.Follow @IdeasHavingSexx on twitter.Today's book: In Search of Monsters to Destroy: The Folly of American Empire and the Paths to PeaceChris Coyne's twitter and website.Chris Coyne's recommendations: Political Capitalism: How Economic and Political Power Is Made and Maintained, by Randall G. Holcombe; Crisis and Leviathan: Critical Episodes in the Growth of American Government, by Robert Higgs; books by Andrew J. Bacevich, as well as Noam Chomsky, Howard Zinn, and Gore Vidal.

If your outlook is feeling a bit dulled by all the chaos around us, there's a simple solution to regain your focus. Isaac Morehouse explains the power of being in awe every day. Does your vote really make a difference? Before answering that question, take a look at Thomas L. Knapp's latest column titled: Should you even vote? He makes a solid case that an uninformed vote is worse than not voting. One of my biggest complaints about politics is the intense tribal mindset that comes along with it. Randall G. Holcombe has a great take on tribalism and electoral politics. Maybe you saw over the weekend the "60 Minutes" interview the president did where he stated that "the pandemic is over." Ryan McMaken says the pandemic may be over but the feds aren't giving up their emergency powers. It's disturbing how many people believe that whatever the mob wants, it should get. Kent McManigal sets the record straight on how liberty trumps the rule of the majority. The danger in living in a constant state of crisis is that when we're consumed by fear, we stop thinking. John and Nisha Whitehead explain how government propaganda leads to deceit, fear and mind control. Sponsors: HSL Ammo Monticello College Life Saving Food  Garage Door Pros

If your outlook is feeling a bit dulled by all the chaos around us, there's a simple solution to regain your focus. Isaac Morehouse explains the power of being in awe every day. Does your vote really make a difference? Before answering that question, take a look at Thomas L. Knapp's latest column titled: Should you even vote? He makes a solid case that an uninformed vote is worse than not voting. One of my biggest complaints about politics is the intense tribal mindset that comes along with it. Randall G. Holcombe has a great take on tribalism and electoral politics. Maybe you saw over the weekend the "60 Minutes" interview the president did where he stated that "the pandemic is over." Ryan McMaken says the pandemic may be over but the feds aren't giving up their emergency powers. It's disturbing how many people believe that whatever the mob wants, it should get. Kent McManigal sets the record straight on how liberty trumps the rule of the majority. The danger in living in a constant state of crisis is that when we're consumed by fear, we stop thinking. John and Nisha Whitehead explain how government propaganda leads to deceit, fear and mind control. Sponsors: HSL Ammo Monticello College Life Saving Food Garage Door Pros --- Support this podcast: https://anchor.fm/loving-liberty/support

“Stigler concluded that regulatory agencies are captured by the firms they regulate. Still, ultimately, it is the regulated firms that become captured by the legislators and regulators who have the power to terminate their regulatory protections.” ~ Randall G. Holcombe

Randall G. Holcombe of the Independent Institute says voters can't make bad choices because their vote has no consequences. Whether you voted for Trump, Biden or didn't vote Biden would be president. Everyone thinks the other guy made bad choices. We also discuss the lack of trust in the CDC and masks.

“The proposal just gives more ammunition to the extreme left in the Democratic Party—Elizabeth Warren, Bernie Sanders, Alexandria Ocasio-Cortez, and their allies.” ~ Randall G. Holcombe

“The choices individuals make do not affect election outcomes. They make the choices that make them feel the best—and its difficult to say that by doing that, they are making bad choices.” ~ Randall G. Holcombe

On this episode of the Hayek Program Podcast, we'll hear a book panel discussion of "Manufacturing Militarism: U.S. Government Propaganda in the War on Terror," written by Christopher J. Coyne & Abigail R. Hall. Applying a political-economic approach to the incentives created by a democratic system with a massive national security state, Coyne and Hall delve into case studies from the War on Terror to show how propaganda operates in a democracy. Peter Boettke moderates the panel, which is joined by two commentators — Randall G. Holcombe, DeVoe Moore Professor of Economics at Florida State University, and Risa Brooks, Allis Chalmers Associate Professor of Political Science at Marquette University.

“Citizens and voters have less influence over public policy than a romantic notion of democracy would suggest. The political elite tells voters what to think, and they fall in line behind their leaders.” ~ Randall G. Holcombe

“The threat of inflation has been apparent for some time now, but those who have the power to do something about it seem to have the attitude that it will go away on its own.” ~ Randall G. Holcombe

“With huge budget deficits, all it would take would be some future crisis for this tax to look like a good option to policy makers. And once the rich are subject to the tax, you will be next.” ~ Randall G. Holcombe

“I work at a state university that is actively opposing the policy of those above them in the hierarchy of state government. Should I yield to these anti-authoritarian authoritarians and wear a mask?” ~ Randall G. Holcombe

John Williams, the New York Fed President, is expecting 3% inflation this year. I'm expecting inflation in 2021 to be above 5%. In six months, we'll be able to look at the actual numbers and see whose estimate was closer.

- The economy grows when political and economic power are separated. The closer they are to each other, the worse for growth, argues Randall G. Holcombe, an economist from Florida State University. You will also find out:- how market power differs from economic power?- how has the concept of power been evolving since the time of foragers?- how to eliminate the "rent-seeking"?You can watch the podcast as a video with Polish subtitlesSupport the show (https://www.paypal.com/paypalme/sebastianstodolak)

If the governments of the world have formed and persist in a state of anarchy, does it follow that the State is an inevitable institution? How would a libertarian anarchist society prevent being conquered by a state or prevent itself from devolving into one? Episode 131 of the Liberty Weekly Podcast is Brought to you by: The Liberty Weekly Amazon Affiliate Link The Liberty Weekly Patreon Page: help support the show and gain access to tons of bonus content! Become a patron today! Become a Patron! Show Notes: The Ethics of Liberty by Murray Rothbard "Government: Unnecessary but Inevitable?" by: Randall G. Holcombe "The Market for Military Defense" by: Robert P. Murphy "But Wouldn't Warlords Take Over?" by: Robert P. Murphy

Being against democracy does not make you an elitist. Far from it.It might mean that, like Aristotle, you are against demagoguery, or like Randall Holcombe, you are for liberty – even when the majority opposes it.Today, most Americans think of “democracy” as the principle underlying government. In 1776, most Americans would have said “liberty.” Democracy was an after-thought, meant to keep elite powers at bay.Hans Herman-Hoppe has called democracy "the God that failed." In his recently revised book Liberty in Peril, Independent Institute research fellow Randall Holcombe elaborates on the history of how the false idol of democracy has undermined freedom in America – and it's not pretty.We must be reminded that democracy is not always in harmony with liberty. Our Founders worried that the Constitution might lead to too much democracy, and judging by the results, it's hard to argue they were wrong. Holcombe provides the long view in his new book.The transformation of the U.S. from a republic, founded on libertarian principles, to a system of majority rule threatening our liberties didn't happen overnight.Listen now to hear the full history from a leading scholar of liberty.

How the fundamental principle of American government was transformed from liberty to democracy

Today's guest is Randall Holcombe of Florida State University. Our discussion today focuses on his book, Political Capitalism: How Economic and Political Power Is Made and Maintained. Problems associated with cronyism, corporatism, and policies that favor the elite over the masses have received increasing attention in recent years. Political Capitalism explains that what people often view as the result of corruption and unethical behavior are symptoms of a distinct system of political economy. The symptoms of political capitalism are often viewed as the result of government intervention in a market economy, or as attributes of a capitalist economy itself. Randall G. Holcombe combines well-established theories in economics and the social sciences to show that political capitalism is not a mixed economy, or government intervention in a market economy, or some intermediate step between capitalism and socialism. After developing the economic theory of political capitalism, Holcombe goes on to explain how changes in political ideology have facilitated the growth of political capitalism, and what can be done to redirect public policy back toward the public interest.