inequality

John Nothdurft and Donny Kendal present episode #134 of the In The Tank Podcast. Today’s podcast features work from the Illinois Policy Institute, the Manhattan Institute, and the Competitive Enterprise Institute.

What do Michelangelo, LeBron James, Steve Jobs, and Bernie Sanders have in common? In this episode of the weekly Budget & Tax News podcast, managing editor and research fellow Jesse Hathaway talks with Yaron Brook, the president and executive director of the Ayn Rand Institute to find out!

Political campaign years are filled with candidates’ promises to solve people’s problems. Government policies will “create jobs,” will reduce or even block the “unfair” competition of market rivals in foreign lands, will restore or create prosperity for all, and will assure “fairness” for everyone, even if it means imposing regulatory or special tax burdens on some to guarantee politically provided privileges and benefits for others who are deemed “deserving.”

At Saturday’s Republican debate, several candidates were asked to define “conservatism.” Marco Rubio gave a politically-astute answer. He said conservatism embodies three principles: (1) limited government under the framework of the Constitution, (2) free-market economics and (3) peace through strength. Donald Trump gave an answer in keeping with the root word “conserve,” he conserve that which one has.