February 26, 2018

Macro Musings 96: Brink Lindsey and Steven Teles on Rent-Seeking and the Twin Melees Afflicting the U.S. Economy

Hosted by David Beckworth of the Mercatus Center, the Macro Musings podcast pulls back the curtain on the important macroeconomic issues of the past, present, and future.

Brink Lindsey is the Vice President and Director of the Open Society Project at the Niskanen Center, and Steven Teles is a Professor of Political Science at Johns Hopkins University and a Senior Fellow at the Niskanen Center. Today, they join the show to discuss their new book, The Captured Economy: How the Powerful Enrich Themselves, Slow Down Growth, and Increase Inequality. For Lindsey and Teles, slow growth and inequality are “twin melees” that are harming the economy. They discuss some of the issues at the root of these problems, including excessive occupational licensing laws and zoning regulations, as well as some ways to fix them.