Free Enterprise in Three Minutes Podcast with Ray Keating

In the first of a two-parter, Ray explains the basics of the capital gains tax and why it is a big negative for the economy. No matter what your income level happens to be, Ray makes the case that we all should be united in favor of cutting or killing the capital gains tax. Two great ways to pre-order Ray Keating’s new nonfiction book – The Weekly Economist: 52 Quick Reads to Help You Think Like a...

Ray Keating turns to the wisdom of Milton Friedman for some clear economic thinking on corporate social responsibility. Two great ways to pre-order Ray Keating’s new nonfiction book – The Weekly Economist: 52 Quick Reads to Help You Think Like an Economist. Signed paperbacks at RayKeatingOnline.com or the Kindle edition at Amazon.com. Two great ways to pre-order Cathedral: An Alliance of Saint Mic...

Ray Keating explains what stagflation is, when and how we dealt with it before, and the economic policy lessons for today. And all in roughly three minutes - wow! Set goals and make things happen! The Disney Planner 2022: The TO DO List Solution and The Lutheran Planner 2022: The TO DO List Solution are here! These combine a simple, powerful system for getting things done with, either, encouraging...

Keynesian economics invites many criticisms. Ray lays out some key problems with the school of economics started by John Maynard Keynes. Set goals and make things happen! The Disney Planner 2022: The TO DO List Solution and The Lutheran Planner 2022: The TO DO List Solution are here! These combine a simple, powerful system for getting things done with, either, encouraging and entertaining Disney q...

Ray continues looking at some basic tenets of Keynesian economics, including automatic policy stabilizers, the emphasis with Keynesian tax cuts, and the paradox of thrift. Order Ray Keating’s book Behind Enemy Lines: Conservative Communiques from Left-Wing New York – signed books or at Amazon. And one of Keating’s newest books on the economy is Free Trade Rocks! 10 Points on International Trade Ev...

For better or worse, John Maynard Keynes changed economics. Ray takes a look at some basic tenets of Keynesian economics in part one of a short series. Set goals and make things happen! The Disney Planner 2022: The TO DO List Solution and The Lutheran Planner 2022: The TO DO List Solution are here! These combine a simple, powerful system for getting things done with, either, encouraging and entert...

Ray explains what real, per capita disposable personal income is, and why it ranks as the most important measure of income that gets regularly reported. Set goals and make things happen! The Disney Planner 2022: The TO DO List Solution and The Lutheran Planner 2022: The TO DO List Solution are here! These combine a simple, powerful system for getting things done with, either, encouraging and enter...

Here’s a hot take from Ray and the world of economics: Job creation is not the ultimate point of free enterprise or business. But job creation happens when entrepreneurs, businesses and employees are focused on offering products of value to others. Set goals and make things happen! The Disney Planner 2022: The TO DO List Solution and The Lutheran Planner 2022: The TO DO List Solution are here! The...

In Part III of his look at the Fed, Ray explores possible explanations for why loose monetary policy failed to generate inflation, at least from 2008 to 2020.Set goals and make things happen! The Disney Planner 2022: The TO DO List Solution and The Lutheran Planner 2022: The TO DO List Solution are here! These combine a simple, powerful system for getting things done with, either, encouraging and...

In Part II of his look at the basics of the Fed, Ray lays out the tools the Fed uses in guiding monetary policy. Set goals and make things happen! The Disney Planner 2022: The TO DO List Solution and The Lutheran Planner 2022: The TO DO List Solution are here! These combine a simple, powerful system for getting things done with, either, encouraging and entertaining Disney quotes, or inspiration an...

We hear lots in the media and politics about the Fed, but what is its actual role and how does it work? Ray provides some answers in Part I of a series on Fed basics. Set goals and make things happen! The Disney Planner 2022: The TO DO List Solution and The Lutheran Planner 2022: The TO DO List Solution are here! These combine a simple, powerful system for getting things done with, either, encoura...

What’s industrial policy all about, and why does it never really work out so well? Ray serves up answers per economics. Set goals and make things happen! The Disney Planner 2022: The TO DO List Solution and The Lutheran Planner 2022: The TO DO List Solution are here! These combine a simple, powerful system for getting things done with, either, encouraging and entertaining Disney quotes, or inspira...

Ray Keating provides some supply chain basics, including that there in fact is a vast number of supply chains for particular industries and businesses. Set goals and make things happen! The Disney Planner 2022: The TO DO List Solution and The Lutheran Planner 2022: The TO DO List Solution are here! These combine a simple, powerful system for getting things done with, either, encouraging and entert...

Ray Keating reports on Americans’ views on key economic terms, and argues that due to the influence of politics, economics education must be an ongoing undertaking. Set goals and make things happen! The Disney Planner 2022: The TO DO List Solution and The Lutheran Planner 2022: The TO DO List Solution are here! These combine a simple, powerful system for getting things done with, either, encouragi...

Ray explains why currency devaluations make no sense and actually are quite dangerous. Great Christmas Gifts! The Disney Planner 2022: The TO DO List Solution and The Lutheran Planner 2022: The TO DO List Solution are here! These combine a simple, powerful system for getting things done with, either, Disney quotes encouragement, or inspiration and comfort from Holy Scripture and Christian thinkers...

Ray explains that even attacks and threats by politicians on industries alter decision-making and create problems for entrepreneurs, businesses, investors and the economy. Great Christmas Gifts! The Disney Planner 2022: The TO DO List Solution and The Lutheran Planner 2022: The TO DO List Solution are here! These combine a simple, powerful system for getting things done with, either, Disney quotes...

Ray notes how onerous regulations raised costs and limited entrepreneurship in trucking, and how deregulation cured those ills. Great Christmas Gifts! The Disney Planner 2022: The TO DO List Solution and The Lutheran Planner 2022: The TO DO List Solution are here! These combine a simple, powerful system for getting things done with, either, Disney quotes encouragement, or inspiration and comfort f...

Ray explains some key essentials of the airline industry during a time of great regulation, and then under deregulation. Airlines actually opposed deregulation at the time because they feared new competition, and they turned out to be right, to the benefit of the flying public. Great Christmas Gifts! The Disney Planner 2022: The TO DO List Solution and The Lutheran Planner 2022: The TO DO List Sol...

In the first of a few lessons on the economics of deregulation, Ray takes a look at the impact of deregulating freight railroads. Great Christmas Gifts! The Disney Planner 2022: The TO DO List Solution and The Lutheran Planner 2022: The TO DO List Solution are here! These combine a simple, powerful system for getting things done with, either, Disney quotes encouragement, or inspiration and comfort...

What are economists talking about when referencing “the tragedy of the commons”? Ray explains. Great Christmas Gifts! The Disney Planner 2022: The TO DO List Solution and The Lutheran Planner 2022: The TO DO List Solution are here! These combine a simple, powerful system for getting things done with, either, Disney quotes encouragement, or inspiration and comfort from Holy Scripture and Christian...

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 by a political agenda that markets and the economy suffer in major ways. Keating has three new books out and more on the way. Vatican Shadows: A Pastor Stephen Grant Novel is the 13th thriller/mystery in the Pastor Stephen Grant series. Get the paper...

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, and is something that economists need to teach others, especially politicians. Keating has three new books out and more on the way. Vatican Shadows: A Pastor Stephen Grant Novel is the 13th thriller/mystery in the Pastor Stephen Grant series. Get th...

Ray takes a little extra time in this episode to explain and emphasize the importance of Joseph Schumpeter’s concept of “creative destruction,” and how it ties in to the central role of the entrepreneur in the economy. Keating has three new books out and more on the way. Vatican Shadows: A Pastor Stephen Grant Novel is the 13th thriller/mystery in the Pastor Stephen Grant series. Get the paperback...

Lots of people and politicians like to rail against corporations, but do they get why corporations exist? Ray reviews some basics. Keating has three new books out and more on the way. Vatican Shadows: A Pastor Stephen Grant Novel is the 13th thriller/mystery in the Pastor Stephen Grant series. Get the paperback or Kindle edition at Amazon, or signed books at www.raykeatingonline.com. Past Lives: A...

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 Shadows: A Pastor Stephen Grant Novel is the 13th thriller/mystery in the Pastor Stephen Grant series. Get the paperback or Kindle edition at Amazon, or signed books at www.raykeatingonline.com. Past Lives: A Pastor Stephen Grant Short Story is the...