Binyamin Appelbaum is the lead writer on business and economics for the editorial board of The New York Times, and he was previously a Washington correspondent for The Times covering the Federal Reserve and other aspects of economic policy. Binyamin is also a returning guest to the show, and joins today to talk about his new book, *The Economists' Hour: False Prophets, Free Markets, and the Fracture of Society*. David and Binyamin also discuss Milton Friedman's influence on economic thought during the postwar era, the history of the emergence of supply side economics, and the consequences that have arisen from committing too strongly to free market principles. Transcript for the episode: https://www.mercatus.org/bridge/podcasts/11182019/binyamin-appelbaum-economists%E2%80%99-hour-false-prophets-free-markets-and Binyamin's Twitter: @BCAppelbaum Binyamin's New York Times profile: https://www.nytimes.com/by/binyamin-appelbaum Related Links: *The Economists' Hour: False Prophets, Free Markets, and the Fracture of Society* by Binyamin Appelbaum https://www.littlebrown.com/titles/binyamin-appelbaum/the-economists-hour/9780316512329/ *Secrets of the Temple: How the Federal Reserve Runs the Country* by William Greider https://www.simonandschuster.com/books/Secrets-of-the-Temple/William-Greider/9780671675561 *More from Less: The Surprising Story of How We Learned to Prosper Using Fewer Resources - and What Happens Next* by Andrew McAfee https://www.simonandschuster.com/books/More-from-Less/Andrew-McAfee/9781982103576 David's blog: macromarketmusings.blogspot.com David's Twitter: @DavidBeckworth

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“What did the council decide on item 42?” — answered with the speaker and the moment.