Irwin Stelzer July 31, 2017 (Episode 90)

Irwin Stelzer explains why we need a more political approach to economics—one that is more aware of the limitations of economic theory.

Kristol and Stelzer reflect on the financial crisis, its lingering effects on the American economy, and the state of markets and institutions.

How should we think about inequalities? What dangers might they pose to American democratic capitalism? Stelzer shares his perspective.

Stelzer offers a spirited defense of democratic capitalism, and warns that reforms are necessary to preserve and strengthen economic freedom.