Episode #124: Politics Distorting and Undermining Markets
Sure, politics often undermines economic growth, but in this episode, Ray focuses on how views of an entire sector of our economy can be so distorted ...
Free Enterprise in Three Minutes Podcast with Ray Keating
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About
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 podcaster who cuts through the economic mumbo-jumbo, tosses aside the economic mistakes often made in the media and in political circles, and quickly gets at economic reality. Who says free enterprise and economics have to be mind-numbing? That's not the case with Free Enterprise in Three Minutes with Ray Keating.
Episode #123: Unintended Consequences and Bastiat
Ray explains that unseen or unintended consequences, an idea made clear by Frederic Bastiat in the 19th century, is central to being a good economist,...
Episode #122: What’s the Deal with “Creative Destruction”?
Ray takes a little extra time in this episode to explain and emphasize the importance of Joseph Schumpeter’s concept of “creative destruction,” and ho...
Episode #121: What’s the Deal with Corporations?
Lots of people and politicians like to rail against corporations, but do they get why corporations exist? Ray reviews some basics.Keating has three ne...
Episode #120: The Economics of Bankruptcy
What’s the deal with bankruptcy? Its purpose can seem odd. Ray looks at the economics.Keating has three new books out and another on the way. Vatican ...
Episode #119: The Economics of Advertising
Advertising often gets a bum rap. Deserved or not? Ray talks about the economics of advertising.Keating has three new books out and another on the way...
Episode #118: The Death Tax Makes No Economic Sense
Death and taxes united in the death tax – which makes no economic sense whatsoever.Keating has three new books out and another on the way. Vatican Sha...
Episode #117: Intellectual Property Rights and Why They Matter
Patents, copyright, trademarks – why should anyone care? Ray explains why intellectual property matters. Keating has three new books out and another o...
Episode #116: What is GDP Anyway?
Ever wonder exactly what GDP, or gross domestic product, is? Well, Ray provides the quick answer.Keating has three new books out and another on the wa...
Episode #115: Why Has U.S. Manufacturing Stagnated?
Ray Keating looks at the stagnation of manufacturing output since 2007, and hits on key reasons why.Keating has three new books out and another on the...