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How Government Created the Baby Formula Shortage | Guest: Sen. Mike Lee | Ep 176

Matt Kibbe is joined by Sen. Mike Lee (R-Utah) to discuss the causes and solutions to the current shortage of baby formula in the United States. It’s mainly the result of an absurd regulatory regime that hinders competition and prevents producers and distributors from meeting the needs of consumers. But rather than dismantling or scaling back those regulations, the administration is engaging in cheap political stunts—including the use of military planes to air drop baby formula from Europe into swing states. The whole incident is a perfect illustration of the inability of a central government to effectively distribute goods in the same way that a free market is capable of doing. The senator also discusses his new book, “Saving Nine,” about the Democratic effort to pack the Supreme Court.

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Matt Kibbe is President of Free the People. A fanatical DeadHead, drinker of craft beer and whisky, and collector of obscure books on Austrian economics, Kibbe is the host of BlazeTV’s Kibbe on Liberty, a weekly podcast that insists you think for yourself.

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