Episode 13: What the Economy Really Is — And How Governments Break It Subtitle: episode artwork

EPISODE · Mar 6, 2026 · 39 MIN

Episode 13: What the Economy Really Is — And How Governments Break It Subtitle:

from Taxed & Taken · host Taxed & Taken

We’re told the economy needs to be stimulated, managed, and steered by governments.That politicians create jobs.That spending drives growth.That central banks keep the system stable.But what if most of that is a myth?In this episode of Taxed & Taken, we break down what the economy actually is — not GDP, not government spending, and not stock markets.At its core, the economy is simply millions of people voluntarily trading with each other.Once you understand that, many popular economic ideas begin to fall apart — from job creation policies to inflation management.This episode explores why markets coordinate knowledge better than governments, how political intervention distorts incentives, and why prosperity comes from voluntary exchange — not economic planning. Get full access to Taxed & Taken: Money, Power & Freedom from the State at patelankeet.substack.com/subscribe

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Episode 13: What the Economy Really Is — And How Governments Break It Subtitle:

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