Matt speaks with Brian Albrecht about how policymakers can think more like economists by emphasizing the role of prices, trade-offs, and unintended consequences in shaping effective policies. Brian and Matt discuss tax policies, antitrust laws, and some very silly tariffs to illustrate the importance of applying economic reasoning to address societal challenges while minimizing inefficiencies.

References

1. Brian Albrecht's Substack, Economic ForcesLink: https://substack.com/@briancalbrecht 

2. "Rebellion, Rascals, and Revenue: Tax Follies and Wisdom Through the Ages" by Michael Keen and Joel SlemrodLink: https://a.co/d/94DlEoq 

3. "The Constitution of Liberty" by Friedrich HayekLink: https://www.amazon.ca/Constitution-Liberty-Friedrich-Hayek/dp/0226320847

4. "The Theory of Moral Sentiments" by Adam SmithLink: https://www.amazon.ca/Theory-Moral-Sentiments-Adam-Smith/dp/0143105922

5. "Basic Economics: A Common Sense Guide to the Economy" by Thomas SowellLink: https://www.amazon.ca/Basic-Economics-Common-Sense-Guide/dp/0465060730 

6. "Antitrust Paradox: A Policy at War with Itself" by Robert H. BorkLink: https://www.amazon.ca/Antitrust-Paradox-Policy-Consumer-Welfare/dp/0029044561