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Bad Metaphors, Bad Policy: Why the Economy Isn’t an Engine

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Manage episode 485310754 series 1081845
Content provided by Radio America. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Radio America or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
LISTEN and SUBSCRIBE on:
Apple Podcasts: https://podcasts.apple.com/us/podcast/watchdog-on-wall-street-with-chris-markowski/id570687608
Spotify: https://open.spotify.com/show/2PtgPvJvqc2gkpGIkNMR5i
WATCH and SUBSCRIBE on:
https://www.youtube.com/@WatchdogOnWallstreet/featured
We’ve been sold a lie—one built on metaphors that sound smart but fuel disastrous policy. In this sharp critique, we unpack the mechanical clichés used to describe the economy—“priming the pump,” “turbocharging growth,” “tapping the brakes”—and explain how these simplistic images distort reality. The economy isn’t a machine. It’s not a car, an engine, or something that can be “fixed” with the push of a button by central planners. It’s a living, breathing system—like nature—and attempts to control or “tune it up” with stimulus, subsidies, or regulation often do far more harm than good. When politicians and pundits mistake complexity for something they can manage, we all pay the price. The solution? Stop trying to fix what isn’t broken. Just step aside and let it breathe.
www.watchdogonwallstreet.com
  continue reading

1700 episodes

Artwork
iconShare
 
Manage episode 485310754 series 1081845
Content provided by Radio America. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Radio America or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
LISTEN and SUBSCRIBE on:
Apple Podcasts: https://podcasts.apple.com/us/podcast/watchdog-on-wall-street-with-chris-markowski/id570687608
Spotify: https://open.spotify.com/show/2PtgPvJvqc2gkpGIkNMR5i
WATCH and SUBSCRIBE on:
https://www.youtube.com/@WatchdogOnWallstreet/featured
We’ve been sold a lie—one built on metaphors that sound smart but fuel disastrous policy. In this sharp critique, we unpack the mechanical clichés used to describe the economy—“priming the pump,” “turbocharging growth,” “tapping the brakes”—and explain how these simplistic images distort reality. The economy isn’t a machine. It’s not a car, an engine, or something that can be “fixed” with the push of a button by central planners. It’s a living, breathing system—like nature—and attempts to control or “tune it up” with stimulus, subsidies, or regulation often do far more harm than good. When politicians and pundits mistake complexity for something they can manage, we all pay the price. The solution? Stop trying to fix what isn’t broken. Just step aside and let it breathe.
www.watchdogonwallstreet.com
  continue reading

1700 episodes

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