What Rudyard Lynch Says About Economics

4 episodes featuring Rudyard Lynch on economics

All Rudyard Lynch episodes All Economics episodes

Key Insights on Economics

"There's no historic society that has looked like us that didn't have a revolution" - Rudyard, citing wealth inequality (10% of Americans own 93% of assets) and economic breakdown from fiat currency as primary drivers

Healthcare now comprises 20% of the US economy while manufacturing dropped to 8-10%, driven by currency inflation favoring asset holders
"Modern monetary theory being the dominant economic school in most of the world for actual policy means the field of economics has failed on a very profound level" - Rudyard
Quality of life for lower economic classes declined from Civil War to WWI, then improved dramatically after the Immigration Act of 1921 cut off immigration
Russia would be a wealthy first world country with 100 million more people if communism never arose - economic growth was exponential under Tsars, arithmetic under Marxists