Beware the Bully Pulpit
The Marginal Non-Hermit
The "bully pulpit" describes when some person or group in a position of authority uses that authority to make its desires clear to the public. When the executive branch of the government uses it, it is an extremely dangerous tool that can have serious negative consequences.
In the past, it was used to keep wage rates above market and exacerbated the Great Depression. Right now, it's being used to attack the rights to free speech, expression, and press.
Articles: https://cdn.mises.org/qjae14_4_4.pdf https://web.archive.org/web/20210410110905/https://www2.nber.org/papers/w15258.pdf?new_window=1
Digest Articles: https://mises.org/library/hoover-roosevelt-depression https://mises.org/library/hoover-roosevelt-depression-revisited https://mises.org/library/hoover-bush-and-great-depressions
White House Press Transcript: https://archive.fo/s3KVc
Surgeon General Promotes Censorship: https://rumble.com/vt9jbz-49153823.html
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