Boom Bust Season 1 Episode 185 Cate Long On the Fall of Atlantic City and Bryan Caplan On Government Power
- TV-PG
- August 26, 2014
Cate Long and Bryan Caplan, two experts in their respective fields, join the Boom Bust team to discuss two pressing topics in today's economy. The episode begins with Cate Long, a municipal finance expert, and her analysis of the fall of Atlantic City. Long delves into the history of the city's economic decline, citing several factors, such as the saturation of casinos in the area and poor management decisions made by city officials. Long also discusses the impact of the COVID-19 pandemic on the city's already struggling economy, which has caused a significant decrease in tourism and revenue.
The conversation then shifts to Bryan Caplan, an economics professor at George Mason University, and his take on government power. Caplan argues that the government has too much power, and that many of its policies are inefficient and harmful to both businesses and citizens. Caplan discusses several examples of government overreach and the negative consequences that have resulted from it. He also offers potential solutions to reducing the government's power, such as deregulation and privatization.
Throughout the episode, host Brent Jabbour offers additional insights and asks thoughtful questions to both Long and Caplan. Jabbour also provides context for viewers who may be unfamiliar with the topics being discussed.
Overall, this episode of Boom Bust offers a fascinating and informative look at two critical issues in today's economy. Long and Caplan both provide valuable insights and analysis, and Jabbour does an excellent job of guiding the conversation and engaging with his guests. This episode is a must-watch for anyone interested in the economic challenges facing cities like Atlantic City, as well as those concerned with the scope and impact of government power.