There's Nothing Legacy-Defining About the Inflation Reduction Act

Plus: The editors consider the state of freedom in the U.S. compared with other developed nations.


In this week's The Reason Roundtable, editors Matt Welch, Katherine Mangu-Ward, Peter Suderman, and Nick Gillespie take further issue with provisions in the Inflation Reduction Act.

1:43: IRS expansion

10:04: The insulin controversy

25:17: Weekly Listener Question:

I would like to ask you about the state of freedom in the U.S.A. and the state of the U.S.A. in comparison to other developed/industrialized nations. America seems to be significantly less free than the other countries in, for example, mass incarceration, excessive punitive punishments, criminalization of drugs, excessive power concentrated in the executive or the presidency, a militarized police, the prosecution of Assange and Snowden, and, of course, the death penalty. What are your thoughts on that? And, in general, America seems to do less well than the rest of the developed nations when it comes to higher prices of health care, higher prices of high education, higher homicide rates, etc. I understand that those problems are the consequence of flawed and excessive intervention in free markets, but how would you respond to an average (nonlibertarian) person who points out those problems and, specially, someone who blames those problems on the lack of a welfare state?

47:11: Potential takeaways from last week's elections

Mentioned in this podcast:

"Senate Passes $740 Billion 'Inflation Reduction Act' That Will Probably Make Inflation Worse," by Elizabeth Nolan Brown

"Biden's Giveaways Largely Benefit Well-Off Americans," by Peter Suderman

"The Defeat of a Kansas Ballot Initiative Shows That Red-State Voters Don't Necessarily Favor Abortion Bans," by Jacob Sullum

"The Democrats' New Inflation Bill Includes Tax Credits for Electric Vehicles That Don't Exist," by Joe Lancaster

"The Democratic Establishment Teamed Up With Trump To Oust Peter Meijer," by Eric Boehm

Send your questions to roundtable@reason.com. Be sure to include your social media handle and the correct pronunciation of your name.

Today's sponsor:

  • Tired of feeling like someone's always watching you on the internet? Maybe advertisers know a bit too much about you, or you're concerned about the privacy of your identity? Using incognito mode won't solve the problem either. IPVanish VPN is here to protect your right to privacy and help you stay anonymous online. IPVanish helps you safely browse the internet without exposing your private details to third parties, such as hackers, your ISP, or advertisers. You can use IPVanish on unlimited devices without sacrificing speed: your computers, tablets, phones… even devices like your Firestick when you're streaming media. When you use IPVanish, all of your data is encrypted. This means that your private details, passwords, communications, browsing history, and more will be completely shielded from falling into the wrong hands. Even your physical location will be hidden. IPVanish makes you virtually invisible online. It's that simple. Whether I'm at home or in public, I don't go online anymore without using IPVanish. IPVanish is offering an incredible 70 percent off their yearly plan for our listeners with a 30-day, money-back guarantee. That's just like getting nine months for free. IPVanish is super easy to use. All you have to do is tap one button, and you're instantly protected. You won't even know it's on. Stop sharing with the world everything you watch, everything you search for, and everything you buy. Take your privacy back today with the brand rated 4.6/5 on Trustpilot. Go to IPVANISH.com/roundtable and use the promotional code ROUNDTABLE to claim your 70 percent savings.
  • How well would you take care of your car if you had to keep the same one your entire life? That's how our brains work, so why don't we treat them that way? How we care for our minds affects how we experience life, so it's important to invest time and care into keeping them healthy. There are plenty of ways to support a healthy brain, like learning a new language or taking power naps. There's also BetterHelp online therapy. BetterHelp offers video, phone, and even live chat–only therapy sessions, so you don't have to see anyone on camera if you don't want to. It's much more affordable than in-person therapy. You can be matched with a therapist in under 48 hours. Our listeners get 10 percent off their first month at BetterHelp.com/roundtable.

Audio production by Ian Keyser

Assistant production by Hunt Beaty

Music: "Angeline," by The Brothers Steve