Ray Keating
Free Enterprise in Three Minutes Podcast with Ray Keating
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.
Author
Ray Keating
Category
Podcast website
Latest episode
Jul 24, 2025
Where to listen?
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Episodes
Episode #119: The Economics of Advertising 16.09.2021 3:05
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. 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 Sto...
Episode #118: The Death Tax Makes No Economic Sense 09.09.2021 3:07
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 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 14t...
Episode #117: Intellectual Property Rights and Why They Matter 03.09.2021 3:29
Patents, copyright, trademarks – why should anyone care? Ray explains why intellectual property matters. 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 S...
Episode #116: What is GDP Anyway? 27.08.2021 3:29
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 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 St...
Episode #115: Why Has U.S. Manufacturing Stagnated? 19.08.2021 3:57
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 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...
Episode #114: Thinking About U.S. Manufacturing 09.08.2021 3:14
Ray Keating looks at the economic realities of manufacturing in the U.S. Are doom-and-gloom declarations true? 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 G...
Episode #113: Thinking About Corporate Mergers 02.08.2021 3:36
Ray Keating explains the economics of mergers, which is quite different from the politics of mergers. 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 Shor...
Episode #112: No Medals for Olympics Economics 19.07.2021 3:17
While noting the unique ills of the Tokyo Summer Olympics, Ray explains that the Olympics never turn out to be an economic plus. 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:...
Episode #111: Trickle-Down Biden-omics 12.07.2021 3:17
In this episode, Ray gets at the truth about so-called “trickle-down economics.” While “trickle-down” is a political term, the sentiment more aptly applies to Joe Biden’s economics rather than Ronald Reagan’s. 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 Ki...
Episode #110: The Biden vs. Anti-Biden Agenda (Special Double Episode!) 29.06.2021 9:05
In this extra-long episode (actually, a special triple episode), Ray casts the stern eye of economics on the Biden government spending, tax and regulatory agendas. 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...
Episode #109: Entrepreneurship is the Right Answer to Worries over “Big Business” 24.06.2021 3:02
For those worried about big business, while pointing out that such concerns are unwarranted, Ray makes clear that providing a policy environment in which entrepreneurship can flourish is the response that makes the most economic sense. 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 serie...
Episode #108: Why Resource Exhaustion Makes No Sense 15.06.2021 3:04
Ray debunks the idea of resource exhaustion, that is, running out a resource like oil, by applying basic 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 Step...
Episode #107: Market Failure and Government Failure 11.06.2021 3:19
Ray explains what “market failure” is, while also warning about “government failure.”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 14...
Episode #106: The U.S. Inflation Story 25.05.2021 3:47
Ray reviews the inflation record in the U.S., and talks some about the recent inflation spike. Keating has two 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 i...
Episode #105: What is Inflation? 19.05.2021 3:13
Ray provides the basics on inflation, that is, what inflation is and what it isn’t. Keating has two 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 14th...
Episode #104: Milton Friedman’s School Choice Legacy, Part IV 07.05.2021 3:45
In the fourth in a series on the economics of school choice, Ray considers the school-choice legacy of Nobel-Prize-winning economist Milton Friedman. Keating has two 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.raykeatingonlin...
Episode #103: Milton Friedman and the Economics of School Choice, Part III 23.04.2021 3:48
In the third in a series on the economics of school choice, Ray considers Nobel-Prize-winning economist Milton Friedman’s points on how the market would react under a school choice model. Keating has two 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,...
Episode #102: Milton Friedman and the Economics of School Choice, Part II 14.04.2021 3:10
In the second in a series on the economics of school choice, Ray taps Nobel-Prize-winning economist Milton Friedman on what government should and should not do. Keating has two new books out and another on the way. Vatican Shadows: A Pastor Stephen Grant Novelis the 13th thriller/mystery in the Pastor Stephen Grant series. Get the paperback or Kindle edition at Amazon, or signed books at www.rayke...
Episode #101: Milton Friedman and the Economics of School Choice, Part I 08.04.2021 3:26
Ray kicks off a series on the economics of school choice, tapping the wisdom of Nobel-Prize-winning economist Milton Friedman. Keating has two new books out. 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 Shor...
Episode #100: Two Key Suggestions on Helping to Fix Economics 01.04.2021 3:31
Ray Keating celebrates the 100th episode of the Free Enterprise in Three Minutes podcast by offering two suggestions – regarding how economists deal with the entrepreneur and government – for fixing economics. Keating has two new books out. 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, o...
Episode #99: The Myth of Perfect Competition 25.03.2021 3:36
Ray Keating explains why the concept of “perfect competition” is an economic myth that should not be taught, nor referred to in policy debates. Keating has two new books out. 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 S...
Episode #98: The Minimum Wage, Part II – Costly and Ridiculous 18.03.2021 3:11
Ray Keating explores the basics as to why an increased minimum wage makes no economic sense. Keating has two new books out. 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 14th book in the se...
Episode #97: The Minimum Wage, Part I – Economists Don’t Like the Minimum Wage 12.03.2021 3:32
Ray Keating points out that while politicians love increasing the minimum wage, and an increase tends to poll well with the public, economists stand opposed to increasing a government-mandated minimum wage. Keating has two new books out. 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 s...
Episode #96: Immigration and the Economy, Part III: Economists Weigh In 05.03.2021 3:08
Keating continues to look at the issue of immigration, and considers what a wide array of economists have to say on the issue. Keating has two new books out. 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 Shor...
Episode #95: Immigration and the Economy, Part II: Entrepreneurship and Immigration 24.02.2021 3:53
Keating continues to shed some additional economic, reasoning, light and details on the topic of immigration – in this case, regarding immigration and entrepreneurship. Grab Ray Keating’s latest thriller Vatican Shadows: A Pastor Stephen Grant Novel in paperback or for the Kindle at Amazon or get signed books. Order Ray Keating’s book Behind Enemy Lines: Conservative Communiques from Left-Wing New...
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