Thomas Landstreet

Tom probes the great economic cycles of the U.S. over the last 100 years. He describes the factors that created the great depression and how bad policies deepened and prolonged the agony. He analyzes the "go-go sixties," the great inflation of the 1970s, the Reagan/Clinton bull market and more. He proves that government economic policies are to blame for these outsized economic cycles.

Some of these policies are so absurd that they verge on comical yet they come from (theoretically) the smartest people in our society. This is a content rich and very humorous economics lesson.

This is an entertaining and vital lesson in supply-side economics. Up until recently, the broad consensus was that interest rates were on the rise and the U.S. federal reserve was behind the curve which would force them to aggressively raise rates to fight incipient inflation.

Well, there has been no inflation and interest rates remain under 3% What happened? Where did everyone go wrong? Tom explains why supply-side economic policy reforms on four continents have reduced the cost of production and prices in the real economy.

Income inequality is a hot topic and will remain so in the upcoming election cycle. Tom argues that the widening disparity between rich and poor is not a consequence of capitalism as critics argue, but just the opposite. Heavy-handed government regulatory policies crushed the real economy driving wages and average household incomes down on Main Street. Meanwhile the federal reserve, in a desperate attempt to foster growth, inflated financial assets by over 300%, helping only Wall St. and those citizens with significant financial assets. It’s precisely too much government that created the problem.

Tom reviews some of the most ill-advised policy mistakes from the last 50 years. This talk is both hilarious… and disheartening. Neither political party escapes his scathing criticism in this non-partisan expose. The brightest and most accomplished thinkers in our culture (politicians and their advisors) have conceived some twisted policy ideas which, in hindsight, created great mayhem in the real economy.