Restoring Our Republic: Federalism, Trade, & Growth with Adam Millsap | Let People Prosper Show Ep. 141🎙️

State Authority, Economic Reform, and the Path Forward

Hello Friends!

How can we restore our republic and bring power back to the states? What role should federalism, trade, and housing policy play in fostering long-term prosperity?

In this episode of the Let People Prosper Show, Dr. Adam Millsap, Senior Fellow at Stand Together Trust, joins me to unpack the key issues shaping America’s economic and political landscape. From the Great Recession’s impact on tax policy to tariffs, protectionism, and housing affordability, Adam shares his insights on strengthening state authority, reducing dependence on federal funds, and creating a pro-growth economy.

📢 Make sure to subscribe and share this episode to help spread the message of economic freedom and federalism!

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Key Highlights

📌 The Role of Federalism & State Authority

• States have become too dependent on federal funding, which comes with strings attached.

• Block grants could help states regain control and reduce bureaucratic inefficiencies.

• Transparency in federal grants would allow states to better manage finances and avoid reckless spending.

📌 Trade, Tariffs & Economic Competitiveness

• Tariffs create economic uncertainty and increase costs for consumers.

• Protectionism doesn’t strengthen the economy—it weakens trade relationships and limits competition.

• Lower trade barriers can help the U.S. outcompete China while fostering economic growth.

📌 Housing Policy & Population Growth

• The U.S. is facing a housing affordability crisis due to excessive zoning regulations.

• Declining birth rates could lead to long-term economic stagnation if housing and family policies aren’t addressed.

• An abundance mindset is needed to embrace growth and innovation in housing, labor markets, and urban development.

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Timestamps:

⏳ 00:00 – Introduction to Public Policy and Federalism
⏳ 03:00 – The Great Recession’s Impact on Economic Thought
⏳ 05:58 – Restoring State Authority & Federalism
⏳ 09:02 – Block Grants vs. Federal Control
⏳ 12:02 – Transparency in Federal Funding
⏳ 15:06 – Trade & Tariffs: Does Protectionism Work?
⏳ 20:58 – U.S.-China Economic Competition
⏳ 24:24 – Incremental Policy Change & The North Star
⏳ 27:18 – Housing Policy & Zoning Laws
⏳ 30:56 – America’s Aging Population & Economic Impacts
⏳ 40:46 – Creating a Pro-Growth, Pro-Freedom Economy

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Closing Thoughts:

Dr. Adam Millsap brings valuable insights into the importance of federalism, trade, and housing policy reform for America’s future. His work highlights why states should reclaim their authority, why protectionism is bad for growth, and why we need to rethink housing policy to foster economic prosperity.

📢 Want to dive deeper? Check out Adam Millsap’s latest articles on:

• Tariffs & Trade Policy: Forbes | National Review

• Housing Policy & Economic Growth: Forbes

📚 Learn more about Adam’s book: Dayton: The Rise, Decline, and Transition of an Industrial City – Amazon

👉 Subscribe to the Let People Prosper Show for more discussions on economic freedom, and share this episode with others who care about the future of our republic! 🎙️

You can also visit my website at vanceginn.com and follow me on X for more timely insights.