To Fix the Supply Chain, Get Out of the Way | Guest: Jon Miltimore | Ep 146

Matt Kibbe is joined by Jon Miltimore, managing editor at the Foundation for Economic Education, to talk about the reason why America’s supply chain has broken down and what can be done to fix it. By locking down the economy for over a year, the government artificially changed consumer habits while preventing workers from stepping up to meet the excess demand. Now, out of ideas, the Biden administration is simply pumping money into the economy, which doesn’t solve the problem, but does create inflation that is bad for everyone.

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Matt Kibbe

Matt Kibbe is President at Free the People, an educational foundation using video storytelling to turn on the next generation to the values of personal liberty and peaceful cooperation. He is also co-founder and partner at Fight the Power Productions, a video and strategic communications company. Kibbe is the host of BlazeTV’s Kibbe on Liberty, a popular podcast that insists that you think for yourself.

Dubbed “the scribe” by the New York Daily News, Kibbe is the author three books, most recently the #2 New York Times bestseller Don’t Hurt People and Don’t Take Their Stuff: A Libertarian Manifesto.

He was senior advisor for a Rand Paul Presidential Super PAC in 2016, and later co-founded AlternativePAC to promote libertarian values.

In 2004 Kibbe founded FreedomWorks, a national grassroots advocacy organization, and served as President until his departure in 2015. Steve Forbes said: “Kibbe has been to FreedomWorks what Steve Jobs was to Apple.”

An economist by training, Kibbe did graduate work at George Mason University and received his B.A. from Grove City College. He serves at the whim of his awesome wife Terry, and their three objectivist cats, Roark, Ragnar and Rearden. Kibbe is a fanatical DeadHead, drinker of craft beer and whisky, and collector of obscure books on Austrian economics.

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1 comment

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  • @ 32:15 or so, I haven’t read Carol Roth’s book, but the reason that the economy is split 50/50, and BTW, it was 60/40 before the pandemic, is that the small business half of the economy engages in “capitalism” in competitive and “fair” markets charging competitive prices. The other half engages in “corporate capitalism,” the goal of which is to make their markets non-competitive and skewed in the favor of the few participants. Many do this by manipulating the government or the public information and perception or both, and they engage in a sort of non-collusive oligopoly with their shared market-participants where each can charge premium prices and earn economically excessive profits at inefficient equilibria.

    The solutions to this are not easy. They involve credible information, dollar votes, and political will. But, there are viable solutions. Strategic implementation is the tricky part.

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