Globalization: Yes

Jay’s guest is Scott Lincicome of the Cato Institute. He and Cato have launched a defense of globalization, or the right of people in different nations to trade with one another. He and Jay talk about this and a host of other issues: growing up; going to school; words such as “capitalism” and “neoliberal”; economics and demagogues; the problem of China; the travails of Detroit’s “Big Three”; and more (including Lincicome’s jihad against expiration dates on food products).