Shift Towards Centralization
Lee and Arnold discuss the shift towards centralization in recent years, contrasting it with the decentralization trend of the 1970s. They explore the sentiments of political parties during that time, including Reagan's desire to deregulate oil and Kennedy's proposal to nationalize it. The conversation raises questions about whether these sentiments would still be dominant today.In this clip
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EconTalk
Lee Ohanian, Arnold Kling, and John Cochrane on the Future of Freedom, Democracy, and Prosperity
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