Ep 85: Correcting Popular Economic Fallacies with Caleb Fuller
In this episode, I talk with Dr. Caleb Fuller, associate professor of economics at Grove City College, about several popular economic fallacies, including: Corporate greed causes inflationPrice controls are an effective way of “controlling” said inflationThe minimum wage is a free lunch to low-skilled workersRacial discrimination is costless to the discriminatorChina is “beating” us at tradeRent control expands housing availability for the poorestTrade or immigrants “steal” domestic jobsWomen...
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