Free Enterprise in Three Minutes, Episode #10: Profits Aren't Evil

No matter what you might have heard about profits being “evil,” Ray Keating makes clear that is not really the case. Instead, Keating explains the critical roles that both profits and losses play in our economy.

List at http://www.buzzsprout.com/155969/692182-episode-10-profits-aren-t-evil

Free Enterprise in Three Minutes Podcast with Ray Keating, Episode #9: Distributing Resources – Government or the Market?

Ray Keating notes that there basically are two options when it comes to how economies ration or allocate resources – a government-led economy or a market economy. He quickly explains which one makes sense from an economist perspective.

Listen at http://www.buzzsprout.com/155969/685325-episode-9-distributing-resources-government-or-the-market

Free Enterprise in Three Minutes Podcast, Episode #8: What the Heck is Scarcity?

Free Enterprise in Three Minutes Podcast, Episode #8: Ray Keating explains what “scarcity” means in the world of economics; sums up why it matters; and notes that it should not be confused with other terms, like “poverty” or “shortages.”

Listen at Buzzsprout at http://www.buzzsprout.com/155969

Or listen and subscribe at iTunes at https://itunes.apple.com/us/podcast/free-enterprise-in-three-minutes-podcast-with-ray-keating/id1349576104