Hour 1, Tom takes calls and discusses the economic situation.
Hour 2, Tom interviews Professor William Spriggs, Chairman of Economics at Howard University.
Departs from Austrian Economics. Autoworkers ARE less productive today since the auto industry has been under government domination for a long time. In the 1950’s they were the highest paid in the world, they had the best tools in the world, and they made the best cars. Now they make Soviet style autos that nobody wants.
Departs from Austrian Economics. Autoworkers ARE less productive today since the auto industry has been under government domination for a long time. In the 1950’s they were the highest paid in the world, they had the best tools in the world, and they made the best cars. Now they make Soviet style autos that nobody wants.