INTERVIEW ON THE PRICE OF BUSINESS SHOW, MEDIA PARTNER OF THIS SITE.
Recently Kevin Price, Host of the nationally syndicated Price of Business Show, interviewed Phil Magness.
On a recent Price of Business, Host Kevin Price visited with Dr. Phil Magness of the Independent Institute.
In an unprecedented move, the Trump Administration is pursuing a policy advocated by some of the most prominent voices on the political left, like Bernie Sanders — limiting the amount of interest companies can charge on credit cards. It appears to be done in response to the criticism that Trump isn’t sensitive to the affordability issue millions of Americans are talking about.
If the government is able to get this implemented, it will, ironically, hurt the poor and working poor the most because credit card companies will simply not provide credit cards to them. They discuss this and more implications in this timely interview.
Phillip W. Magness is the David J. Theroux Chair in Political Economy at the Independent Institute. He is an economic historian, specializing in the United States, and the author of multiple books including “The 1619 Project Myth” and “Cracks in the Ivory Tower: The Moral Mess of Higher Education.” He holds a PhD from George Mason University’s School of Public Policy
Twitter: @philwmagness
Websites: http://www.independent.org and http://anti-tariff.org
