There is a growing number of young Americans who believe that socialism is a good social and economic system. According to a 2019 Gallup Poll, 68% of baby boomers had a positive view of capitalism while 32% had a positive view of socialism. The Chilean-German lawyer, international lecturer, and author talks about this from his new book, The Street Economist: 15 Economics Lessons Everyone Should Know. He argues that many damaging policies have bled into society and threaten to undo the gains provided by the free-market economy worldwide. Kaiser desires to create more “street economists” and to make knowledge of economics more accessible to the common person to protect the free-market values that bring prosperity to society.
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