Episode #14 - The Tragedy of Our History: How Business Cycles and Welfare Shaped America

Foundations of freedom with Jerome Huyler
Episode #14 - The Tragedy of Our History: How Business Cycles and Welfare Shaped America
In this episode, Jerome Huyler and Vlad take you deep into the origins and evolution of the American business cycle. Discover how early corporate welfare policies—not free market capitalism—sparked recurring booms and busts, setting the stage for Progressive Era reforms and the rise of the modern welfare state. Learn why the Founders’ vision for liberty and limited government was gradually overtaken by expanding federal powers and social entitlements. Featuring historical milestones from the early republic through the New Deal, this discussion explains the true roots of economic hardship and explores the ongoing debate over liberty, regulation, and the role of government.