Debunking the Myths of Capitalism with Dr. Don Boudreaux | Let People Prosper Show Ep. 175

​In a world where protectionism, trade wars, and anti-capitalist rhetoric persist, few voices explain economic freedom with greater clarity and conviction than Dr. Don Boudreaux.

This week on the Let People Prosper Show, I’m joined by Don, Professor of Economics at George Mason University, Senior Fellow at the Mercatus Center, and one of the most articulate defenders of liberty and markets in America today. Don is co-author, with former Senator Phil Gramm and Robert Ekelund, of the new book The Triumph of Economic Freedom: Debunking the Seven Great Myths of American Capitalism. Through his writing, teaching, and his widely read Cafe Hayek blog, he has spent his career making the moral and empirical case for free markets, open trade, and voluntary exchange as the foundation of human progress.

In this episode, we examine the myths surrounding capitalism and trade that continue to mislead voters and policymakers — from the notion that globalization has “hollowed out” the middle class to the misconception that tariffs enrich nations.
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(0:00) – Introduction and Guest Overview
(3:00) – The Myths of Capitalism
(9:00) – Trade and Tariffs: What Really Drives Prosperity
(18:00) – Antitrust, Innovation, and Economic History
(27:00) – Long-Term Optimism for the American Economy