My listeners know that I am an optimist, despite all of the doom-and-gloom type stories we read daily.
This week, there has been more bad news – as usual. Two pieces from the American Institute for Economic Research especially caught my eye: one about the Fed’s recent interest rate hikes, and another about attempts to combat climate change through “de-growth” (read: coercion and green energy handouts). Meanwhile, the National Bureau of Economic Research seems to be defining down the definition of a recession to exclude the past two months of consecutive negative growth.
However, there is always good news to find if you just know where to look.
Reason #1: There is Still Freedom in the 50 States
The biggest reason I find to be optimistic this week comes from a Cato Institute project led by AIER President and Cato research fellow William Ruger as well as Jason Sorens. Ruger and Sorens are the authors of the “Freedom in the 50 States” report, which gives an annual assessment of which states are increasing and decreasing in the rankings of a broad index of liberties.
They both will join my show for the first time to discuss how the index weighs different broad categories of freedom – from regulatory, to financial to personal – as well as specific freedoms that vary in importance for different people. Of course, there are many people who would be happy to live in a state that restricts other people’s liberty, while their own cherished freedoms are left untouched. But which states guarantee liberty for all? Find out this Sunday on the show of ideas what separates the #freestates from the unfree.
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