On this episode of Radio Rothbard, Ryan McMaken and Tho Bishop are joined by Peter St. Onge, an economic fellow with the Heritage Foundation and frequent Mises Wire author. With the costs of financing the national debt now exceeding the costs of military spending and major social programs, Peter explains why government spending is now a crisis the regime can't ignore.
"Sovereign Debt is Eating the World" by Peter St. Onge: Mises.org/RR_160_A
"There's No Easy Way Out of This Debt Spiral" by Ryan McMaken: Mises.org/RR_160_B
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