I listened to the Project Syndicate podcast Understanding Economic
(published on 2019-08-27). The title is misleading because it does
not offer any real insight into the specifics of the topic at hand.
The discussion revolves around the tenuous binary of liberalism vs
populism, where the former ostensibly represents prudent policy-making
with an eye for its longer-term implications, while the latter stands
for opportunistic measures that simply feed off of people’s fears.
The impression I got out of listening to this episode is that I have
heard these same arguments a hundred times over. As such, the present
essay will address the topic without being limited to the specifics of
the given podcast. Here are some general remarks before I delve