Latest posts by Jesse Hathaway (see all)
- Medicaid Waivers a Path to Reform - February 22, 2018
- Here’s How State Legislators Can FINALLY Fix The National Debt In 2018 - February 14, 2018
- Alabama Welfare Work Requirements Would Benefit Everyone, Including Families - January 24, 2018
In this episode of The Heartland Daily podcast, managing editor Jesse Hathaway talks with Mercatus Center senior research fellow Stephen Miller about the history of postal banking in the United States, and why supporters of the idea, like presidential candidate Bernie Sanders (D-VT), have failed to learn from the mistakes of history.
Like a zombie that keeps on coming back from the grave, the idea of postal banking—inserting the United States Postal Services, a quasi-governmental agency tasked with delivering mail, into the business of providing banking services to people—keeps on coming back, because supporters have not learned the lessons of economics and history.