This week we cover U.S. companies getting hammered by tariffs, jobs that are surprisingly not getting replaced by AI, and some good news for people whose assets have been seized by the police. Our guest this week is Stephen Davies, historian and author of the new book The Great Realignment: Why the New Right is Here to Stay. In that book, Stephen synthesizes decades of research to explain a fundamental shift in our political landscape from economic interest to national identity. This conversation features special guest interviewer Iain Murray, Vice President for Strategy at the Competitive Enterprise Institute.

Keep up with new episodes by following us on Twitter at @freethe_economy and read our episode summaries, with links to the stories we cover, at cei.org/blog. Interview transcripts are at greatcapitalism.substack.com.