Free Enterprise in Three Minutes Podcast with Ray Keating

Free Enterprise in Three Minutes Podcast with Ray Keating

www.freeenterpriseeconomics.com
Free Enterprise in Three Minutes is a podcast meant to provide three-minute (give or take a few seconds) answers to important questions about free enterprise, the economy, business and related issues. Ray Keating is an economist, columnist, author and …


#45: What’s the Deal with the Fed?
Aug 24 • 3 min
Ray Keating asks what a lot of other people apparently are asking these days: What’s the deal with the Fed?
#44: Why a Slow Growth 21st Century for the U.S.?
Jul 29 • 4 min
Ray Keating explains why U.S. economic growth has slowed so far in the 21st Century.
#43: The Slowdown in U.S. Economic Growth
Jul 8 • 3 min
Ray Keating notes that U.S economic growth has rather dramatically slowed down so far in the 21st Century.
#42: Trump and Trade: Politics, Not Economics, Part IV: Lost Businesses and Jobs?
Jun 22 • 3 min
Ray Keating corrects President Trump about supposed lost jobs and businesses due to trade accords like the Trans-Pacific Partnership and NAFTA.
#41: Trump and Trade: Politics, Not Economics, Part III: Who Pays Tariffs?
Jun 12 • 3 min
Ray Keating makes clear that U.S. consumers and businesses pay the price for tariffs imposed, for example, on Chinese imports.
#40: Trump and Trade: Politics, Not Economics, Part II: Losing Wealth?
Jun 5 • 3 min
Ray Keating corrects some mistaken assumptions that President Trump is working under when it comes to how trade works and creates wealth.
#39: Trump and Trade - Politics, Not Economics, Part I: On Trade Deficits
Jun 3 • 3 min
Ray Keating explains why President Trump is incorrect in his assumption that U.S. trade deficits are economic negatives.
#38: Is The Avengers’ Thanos a Malthusian?
May 29 • 3 min
Ray Keating shows that the villain in the Avengers movies – Thanos – seems to be driven by bad economics.
#37: The Real Deal on the Monthly Jobs Report
May 13 • 3 min
Ray Keating explains how to get at the real story in the monthly jobs report.
#36: What People Earn, Part VI: Key Points on Poverty
May 9 • 2 min
Ray Keating identifies key areas linked to poverty in the United States.
#35: What People Earn, Part V: Gender Pay Gap Reality and Might It Be Reversed?
May 6 • 3 min
Ray Keating gets beyond the politics of the gender pay gap to look at the facts and actual economics.
#34: What People Earn, Part IV: Why CEOs Make Far More Than Their Employees
Apr 24 • 3 min
Ray Keating explains why the CEO of a company makes a heck of a lot more than the average employee.
#33: What People Earn, Part III: Why Does Mike Trout Earn More than Teachers?
Apr 18 • 3 min
Ray Keating explains why a baseball player like Mike Trout makes a heck of a lot more money than a teacher.
#32: What People Earn, Part II: Boosting Productivity
Apr 3 • 3 min
Ray Keating notes that higher earnings are not about government wage mandates, but instead about increasing output, value or productivity in a competitive market.
#31: What People Earn, Part I: Productivity
Mar 26 • 2 min
Ray Keating talks about what people earn and how that is largely determined by productivity.
#30: The Predictable Ills of Rent Control
Mar 19 • 2 min
Ray Keating talks about rent control and the inevitability of its ill effects.
#29: What Are Economic Costs and Profits?
Feb 28 • 3 min
Ray Keating explains what “economic costs” and “economic profits” are.
#28: Incentives Matter
Feb 22 • 3 min
Ray Keating explains why incentives matter in economics.
#27: What Is Supply-Side Economics, Anyway?
Jan 29 • 3 min
Ray Keating sets the record straight on the basics of supply-side economics.
#26: Avoiding Pitfalls in Economics
Jan 23 • 2 min
Ray Keating talks about some key pitfalls that must be avoided in economics.
#25: What’s Wrong with Economics?
Jan 16 • 2 min
Ray Keating notes the key reasons why so many fallacies haunt economics.
#24: Amazon and Corporate Welfare
Nov 14, 2018 • 3 min
Ray Keating uses the Amazon example to explain why corporate welfare makes for bad economics.
#23: Trade, Investment and the Balance of Payments
Nov 13, 2018 • 3 min
Ray Keating looks at trade and international investment courtesy of the balance of payments.
#22: Why Government Doesn’t Work Well
Oct 30, 2018 • 3 min
Ray Keating looks at why government doesn’t work well, that is, why government is wasteful and inefficient.
#21: The Ills of Price Controls
Oct 17, 2018 • 2 min
Ray Keating explains the ills of price controls imposed by government.
#20: Role of Prices
Oct 11, 2018 • 2 min
Ray Keating looks at the important role that prices play in the economy.
#19: Mercantilism – Wrong in the 18th Century, Wrong Today
Oct 3, 2018 • 3 min
Ray Keating looks at mercantilism and international trade.
#18: Importance of Property Rights
Sep 27, 2018 • 3 min
Ray Keating looks at private property rights and how they are foundational for economic growth and progress.
#17: Government Spending and the Economy
Aug 20, 2018 • 3 min
Contrary to widespread claims by politicians and certain economists, Ray Keating explains that more government spending is not good for the economy.
#16: What Caused the Great Depression?
Jul 15, 2018 • 3 min
Ray Keating explains that the Great Depression wasn’t about market failure, but instead about the failure of big government.
#15: Marx Was Wrong – Owners and Labor Work Together
Jul 2, 2018 • 3 min
Ray Keating discusses how wrong Marx was on the relationship between business owners and workers.
#14: Yes, Taxes Matter
Jun 24, 2018 • 2 min
Ray Keating discusses how taxes affect incentives, opportunity and economic growth.
#13: Immigration is Plus for the Economy
Jun 20, 2018 • 3 min
Ray Keating tosses aside ugly politics, and sets the record straight on the economics of immigration.
#12: No, Apple and the NFL Are Not Monopolies
May 21, 2018 • 3 min
Ray Keating sets the record straight on what a monopoly actually is, countering absurd monopoly accusations from too many corners.
#11: The Economy Is Not a Zero-Sum Game
May 10, 2018 • 3 min
Ray Keating focuses on the fact that the economy is not a zero-sum game, and explains why this matters.
#10: Profits Aren’t Evil
Apr 29, 2018 • 2 min
Ray Keating explains that profits aren’t evil.
#9: Distributing Resources – Government or the Market?
Apr 18, 2018 • 3 min
Ray Keating explains that there basically are two options when it comes to how economies ration or allocate resources – a government-led economy or a market economy.
#8: What the Heck is Scarcity?
Apr 6, 2018 • 2 min
Since economics is the study of human behavior given the realities of scarcity, an obvious question is: what is scarcity?
#7: Economics? Not Dismal, But Rather Exciting
Mar 30, 2018 • 3 min
When economics is properly understood and practiced, it’s not dismal, but rather quite exciting.
6: The Big 5 Polices for Growth
Mar 22, 2018 • 2 min
Find out what the “Big 5” policy requirements are for economic growth.
#5: Why Some Nations Grow and Others Don’t
Mar 17, 2018 • 3 min
Find out the real sources of economic growth, as opposed to mistaken ideas often talked about in politics and on television.
#4: The Real Deal on the Trade Deficit
Mar 7, 2018 • 3 min
Many people in politics and the media proclaim that trade deficits are negatives for our economy, but more often than not, a U.S. trade deficit signals strong U.S. economic growth.
#3: Protectionism Sucks!
Feb 26, 2018 • 3 min
Protectionism makes no economic sense whatsover.
#2: Free Trade Rocks!
Feb 23, 2018 • 3 min
Yes, free trade rocks!
#1: Is Free Enterprise About Greed?
Feb 15, 2018 • 3 min
Is capitalism all about greed?