DiscoverFree Enterprise in Three Minutes Podcast with Ray Keating
Free Enterprise in Three Minutes Podcast with Ray Keating
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Free Enterprise in Three Minutes Podcast with Ray Keating

Author: Ray Keating

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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.
269 Episodes
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Contrary to trying to fine-tune an economy, policy levers are about providing a foundation for growth.Consider books by Ray Keating…• Order Ray Keating’s “Weekly Economist” books at https://www.amazon.com/dp/B0C3JDVYLX?binding=paperback&ref=dbs_dp_rwt_sb_pc_tpbk • Get Ray Keating’s Pastor Stephen Grant thrillers and mysteries at https://www.amazon.com/dp/B08SW8HB34?binding=paperback&ref=dbs_dp_rwt_sb_pc_tpbk • Grab Ray Keating’s Alliance of Saint Michael historical fiction books at https://www.amazon.com/dp/B0CW19Z3VH?binding=paperback&ref=dbs_dp_rwt_sb_pc_tpbk • Never miss any new novels from Ray Keating by joining the Pastor Stephen Grant Fellowship with Ray Keating at https://www.patreon.com/pastorstephengrantfellowship.
Ray considers the idea that politicians and government bureaucrats are wise enough to fine-tune the entire economy, and makes clear that it is economic nonsense.Consider books by Ray Keating…• Order Ray Keating’s “Weekly Economist” books at https://www.amazon.com/dp/B0C3JDVYLX?binding=paperback&ref=dbs_dp_rwt_sb_pc_tpbk • Get Ray Keating’s Pastor Stephen Grant thrillers and mysteries at https://www.amazon.com/dp/B08SW8HB34?binding=paperback&ref=dbs_dp_rwt_sb_pc_tpbk • Grab Ray Keating’s Alliance of Saint Michael historical fiction books at https://www.amazon.com/dp/B0CW19Z3VH?binding=paperback&ref=dbs_dp_rwt_sb_pc_tpbk • Never miss any new novels from Ray Keating by joining the Pastor Stephen Grant Fellowship with Ray Keating at https://www.patreon.com/pastorstephengrantfellowship.
Ray notes the benefits of free trade, the negatives of protectionism, and is cautiously pleased with the result of a recent poll on the topic.Consider books by Ray Keating…• Order Ray Keating’s “Weekly Economist” books at https://www.amazon.com/dp/B0C3JDVYLX?binding=paperback&ref=dbs_dp_rwt_sb_pc_tpbk • Get Ray Keating’s Pastor Stephen Grant thrillers and mysteries at https://www.amazon.com/dp/B08SW8HB34?binding=paperback&ref=dbs_dp_rwt_sb_pc_tpbk • Grab Ray Keating’s Alliance of Saint Michael historical fiction books at https://www.amazon.com/dp/B0CW19Z3VH?binding=paperback&ref=dbs_dp_rwt_sb_pc_tpbk • Never miss any new novels from Ray Keating by joining the Pastor Stephen Grant Fellowship with Ray Keating at https://www.patreon.com/pastorstephengrantfellowship.
Ray looks at a Gallup poll on regulation. Do Americans think the amount of regulation is too much, just right or too little, and how influenced are they by politics rather than economics?Consider books by Ray Keating…• Order Ray Keating’s “Weekly Economist” books at https://www.amazon.com/dp/B0C3JDVYLX?binding=paperback&ref=dbs_dp_rwt_sb_pc_tpbk • Get Ray Keating’s Pastor Stephen Grant thrillers and mysteries at https://www.amazon.com/dp/B08SW8HB34?binding=paperback&ref=dbs_dp_rwt_sb_pc_tpbk •Grab Ray Keating’s Alliance of Saint Michael historical fiction books at https://www.amazon.com/dp/B0CW19Z3VH?binding=paperback&ref=dbs_dp_rwt_sb_pc_tpbk • Never miss any new novels from Ray Keating by joining the Pastor Stephen Grant Fellowship with Ray Keating at https://www.patreon.com/pastorstephengrantfellowship.
Ray offers a personal example that illustrates an enduring economic point regarding government infrastructure projects.Consider books by Ray Keating…• Order Ray Keating’s “Weekly Economist” books at https://www.amazon.com/dp/B0C3JDVYLX?binding=paperback&ref=dbs_dp_rwt_sb_pc_tpbk • Get Ray Keating’s Pastor Stephen Grant thrillers and mysteries at https://www.amazon.com/dp/B08SW8HB34?binding=paperback&ref=dbs_dp_rwt_sb_pc_tpbk • Grab Ray Keating’s Alliance of Saint Michael historical fiction books at https://www.amazon.com/dp/B0CW19Z3VH?binding=paperback&ref=dbs_dp_rwt_sb_pc_tpbk • Never miss any new novels from Ray Keating by joining the Pastor Stephen Grant Fellowship with Ray Keating at https://www.patreon.com/pastorstephengrantfellowship.
Ray explains the basis of making decisions “at or on the margin.” This is essential to understanding how decisions are made by individuals, businesses, investors and government.Consider books by Ray Keating…• Order Ray Keating’s “Weekly Economist” books at https://www.amazon.com/dp/B0C3JDVYLX?binding=paperback&ref=dbs_dp_rwt_sb_pc_tpbk • Get Ray Keating’s Pastor Stephen Grant thrillers and mysteries at https://www.amazon.com/dp/B08SW8HB34?binding=paperback&ref=dbs_dp_rwt_sb_pc_tpbk • Grab Ray Keating’s Alliance of Saint Michael historical fiction books at https://www.amazon.com/dp/B0CW19Z3VH?binding=paperback&ref=dbs_dp_rwt_sb_pc_tpbk • Never miss any new novels from Ray Keating by joining the Pastor Stephen Grant Fellowship with Ray Keating at https://www.patreon.com/pastorstephengrantfellowship.
Ray lays out what crony capitalism actually is, and serves up some examples.Consider books by Ray Keating…• Order Ray Keating’s “Weekly Economist” books at https://www.amazon.com/dp/B0C3JDVYLX?binding=paperback&ref=dbs_dp_rwt_sb_pc_tpbk • Get Ray Keating’s Pastor Stephen Grant thrillers and mysteries at https://www.amazon.com/dp/B08SW8HB34?binding=paperback&ref=dbs_dp_rwt_sb_pc_tpbk • Grab Ray Keating’s Alliance of Saint Michael historical fiction books at https://www.amazon.com/dp/B0CW19Z3VH?binding=paperback&ref=dbs_dp_rwt_sb_pc_tpbk • Never miss any new novels from Ray Keating by joining the Pastor Stephen Grant Fellowship with Ray Keating at https://www.patreon.com/pastorstephengrantfellowship.
Ray notes that the complaint from business that it’s hard to find good help is supported by survey data. He notes the disturbing low levels of U.S. worker engagement.Consider books by Ray Keating…• Order Ray Keating’s “Weekly Economist” books at https://www.amazon.com/dp/B0C3JDVYLX?binding=paperback&ref=dbs_dp_rwt_sb_pc_tpbk • Get Ray Keating’s Pastor Stephen Grant thrillers and mysteries at https://www.amazon.com/dp/B08SW8HB34?binding=paperback&ref=dbs_dp_rwt_sb_pc_tpbk • Grab Ray Keating’s Alliance of Saint Michael historical fiction books at https://www.amazon.com/dp/B0CW19Z3VH?binding=paperback&ref=dbs_dp_rwt_sb_pc_tpbk • Never miss any new novels from Ray Keating by joining the Pastor Stephen Grant Fellowship with Ray Keating at https://www.patreon.com/pastorstephengrantfellowship.
Ray discusses the key role that trade played in the American Revolution. Yes, the British imposed protectionist restrictions on the colonists who wanted to trade widely. Thomas Jefferson made this clear.Consider books by Ray Keating…• Order Ray Keating’s “Weekly Economist” books at https://www.amazon.com/dp/B0C3JDVYLX?binding=paperback&ref=dbs_dp_rwt_sb_pc_tpbk • Get Ray Keating’s Pastor Stephen Grant thrillers and mysteries at https://www.amazon.com/dp/B08SW8HB34?binding=paperback&ref=dbs_dp_rwt_sb_pc_tpbk • Grab Ray Keating’s Alliance of Saint Michael historical fiction books at https://www.amazon.com/dp/B0CW19Z3VH?binding=paperback&ref=dbs_dp_rwt_sb_pc_tpbk • Never miss any new novels from Ray Keating by joining the Pastor Stephen Grant Fellowship with Ray Keating at https://www.patreon.com/pastorstephengrantfellowship.
Ray lays out a grim possible scenario for the economy that he hopes and prays turns out to be dead wrong. Consider books by Ray Keating…• Order Ray Keating’s “Weekly Economist” books at https://www.amazon.com/dp/B0C3JDVYLX?binding=paperback&ref=dbs_dp_rwt_sb_pc_tpbk • Get Ray Keating’s Pastor Stephen Grant thrillers and mysteries at https://www.amazon.com/dp/B08SW8HB34?binding=paperback&ref=dbs_dp_rwt_sb_pc_tpbk • Grab Ray Keating’s Alliance of Saint Michael historical fiction books at https://www.amazon.com/dp/B0CW19Z3VH?binding=paperback&ref=dbs_dp_rwt_sb_pc_tpbk • Never miss any new novels from Ray Keating by joining the Pastor Stephen Grant Fellowship with Ray Keating at https://www.patreon.com/pastorstephengrantfellowship.
Amidst confusion and chaos on the trade front, Ray boils down sound trade policies to two basic efforts. That’s right, only two sets of policy efforts on trade make sense.Consider books by Ray Keating…• Order Ray Keating’s “Weekly Economist” books at https://www.amazon.com/dp/B0C3JDVYLX?binding=paperback&ref=dbs_dp_rwt_sb_pc_tpbk • Get Ray Keating’s Pastor Stephen Grant thrillers and mysteries at https://www.amazon.com/dp/B08SW8HB34?binding=paperback&ref=dbs_dp_rwt_sb_pc_tpbk • Grab Ray Keating’s Alliance of Saint Michael historical fiction books at https://www.amazon.com/dp/B0CW19Z3VH?binding=paperback&ref=dbs_dp_rwt_sb_pc_tpbk • Never miss any new novels from Ray Keating by joining the Pastor Stephen Grant Fellowship with Ray Keating at https://www.patreon.com/pastorstephengrantfellowship.
Ray explains what reciprocal trade policies meant for President McKinley versus how they’ve been distorted by President Trump and other modern-day protectionists.Consider books by Ray Keating…• Order Ray Keating’s “Weekly Economist” books at https://www.amazon.com/dp/B0C3JDVYLX?binding=paperback&ref=dbs_dp_rwt_sb_pc_tpbk • Get Ray Keating’s Pastor Stephen Grant thrillers and mysteries at https://www.amazon.com/dp/B08SW8HB34?binding=paperback&ref=dbs_dp_rwt_sb_pc_tpbk • Grab Ray Keating’s Alliance of Saint Michael historical fiction books at https://www.amazon.com/dp/B0CW19Z3VH?binding=paperback&ref=dbs_dp_rwt_sb_pc_tpbk • Never miss any new novels from Ray Keating by joining the Pastor Stephen Grant Fellowship with Ray Keating at https://www.patreon.com/pastorstephengrantfellowship.
Ray brings attention to the fact that President Ronald Reagan was a rarity in that he understood the economics, history and politics of trade. The U.S. and the world need to heed his wisdom on the ills or protectionism and the benefits of reducing trade barriers.Consider books by Ray Keating…• Order Ray Keating’s “Weekly Economist” books at https://www.amazon.com/dp/B0C3JDVYLX?binding=paperback&ref=dbs_dp_rwt_sb_pc_tpbk • Get Ray Keating’s Pastor Stephen Grant thrillers and mysteries at https://www.amazon.com/dp/B08SW8HB34?binding=paperback&ref=dbs_dp_rwt_sb_pc_tpbk • Grab Ray Keating’s Alliance of Saint Michael historical fiction books at https://www.amazon.com/dp/B0CW19Z3VH?binding=paperback&ref=dbs_dp_rwt_sb_pc_tpbk • Never miss any new novels from Ray Keating by joining the Pastor Stephen Grant Fellowship with Ray Keating at https://www.patreon.com/pastorstephengrantfellowship.
Ray argues that how government is treated in the GDP data is disconnected from fundamental realities of the economy, and that private GDP needs to be emphasized. For good measure, when looking at private GDP, America’s economic under-performance of the past near-20 years becomes even more depressing.Consider books by Ray Keating…• Order Ray Keating’s “Weekly Economist” books at https://www.amazon.com/dp/B0C3JDVYLX?binding=paperback&ref=dbs_dp_rwt_sb_pc_tpbk • Get Ray Keating’s Pastor Stephen Grant thrillers and mysteries at https://www.amazon.com/dp/B08SW8HB34?binding=paperback&ref=dbs_dp_rwt_sb_pc_tpbk • Grab Ray Keating’s Alliance of Saint Michael historical fiction books at https://www.amazon.com/dp/B0CW19Z3VH?binding=paperback&ref=dbs_dp_rwt_sb_pc_tpbk • Never miss any new novels from Ray Keating by joining the Pastor Stephen Grant Fellowship with Ray Keating at https://www.patreon.com/pastorstephengrantfellowship.
Ray makes clear that a big part of the reason why many people don’t understand the economics of trade is because of the way imports are presented in GDP.Consider books by Ray Keating…• Order Ray Keating’s “Weekly Economist” books at https://www.amazon.com/dp/B0C3JDVYLX?binding=paperback&ref=dbs_dp_rwt_sb_pc_tpbk • Get Ray Keating’s Pastor Stephen Grant thrillers and mysteries at https://www.amazon.com/dp/B08SW8HB34?binding=paperback&ref=dbs_dp_rwt_sb_pc_tpbk • Grab Ray Keating’s Alliance of Saint Michael historical fiction books at https://www.amazon.com/dp/B0CW19Z3VH?binding=paperback&ref=dbs_dp_rwt_sb_pc_tpbk • Never miss any new novels from Ray Keating by joining the Pastor Stephen Grant Fellowship with Ray Keating at https://www.patreon.com/pastorstephengrantfellowship.
It’s important to get clear on the ills that come with protectionist trade policies. Ray proves a sobering rundown.Consider books by Ray Keating…• Order Ray Keating’s “Weekly Economist” books at https://www.amazon.com/dp/B0C3JDVYLX?binding=paperback&ref=dbs_dp_rwt_sb_pc_tpbk • Get Ray Keating’s Pastor Stephen Grant thrillers and mysteries at https://www.amazon.com/dp/B08SW8HB34?binding=paperback&ref=dbs_dp_rwt_sb_pc_tpbk • Grab Ray Keating’s Alliance of Saint Michael historical fiction books at https://www.amazon.com/dp/B0CW19Z3VH?binding=paperback&ref=dbs_dp_rwt_sb_pc_tpbk • Never miss any new novels from Ray Keating by joining the Pastor Stephen Grant Fellowship with Ray Keating at https://www.patreon.com/pastorstephengrantfellowship.
With politics awash in misguided thinking and policies on trade, Ray provides a reminder that trade deficits are not economic negatives.Consider books by Ray Keating…• Order Ray Keating’s “Weekly Economist” books at https://www.amazon.com/dp/B0C3JDVYLX?binding=paperback&ref=dbs_dp_rwt_sb_pc_tpbk • Get Ray Keating’s Pastor Stephen Grant thrillers and mysteries at https://www.amazon.com/dp/B08SW8HB34?binding=paperback&ref=dbs_dp_rwt_sb_pc_tpbk • Grab Ray Keating’s Alliance of Saint Michael historical fiction books at https://www.amazon.com/dp/B0CW19Z3VH?binding=paperback&ref=dbs_dp_rwt_sb_pc_tpbk • Never miss any new novels from Ray Keating by joining the Pastor Stephen GrantFellowship with Ray Keating at https://www.patreon.com/pastorstephengrantfellowship.
Ray explains the difference between a change in supply vs. a change in the quantity supplied. And he’s not just splitting hairs. Consider books by Ray Keating… • Order Ray Keating’s “Weekly Economist” books at https://www.amazon.com/dp/B0C3JDVYLX?binding=paperback&ref=dbs_dp_rwt_sb_pc_tpbk • Get Ray Keating’s Pastor Stephen Grant thrillers and mysteries at https://www.amazon.com/dp/B08SW8HB34?binding=paperback&ref=dbs_dp_rwt_sb_pc_tpbk • Grab Ray Keating’s Alliance of Saint Michael historical fiction books at https://www.amazon.com/dp/B0CW19Z3VH?binding=paperback&ref=dbs_dp_rwt_sb_pc_tpbk • Never miss any new novels from Ray Keating by joining the Pastor Stephen Grant Fellowship with Ray Keating at https://www.patreon.com/pastorstephengrantfellowship.
Ray returns and gets back to some essentials of economic thinking with a look at the “law of supply.” Consider books by Ray Keating… • Order Ray Keating’s “Weekly Economist” books at https://www.amazon.com/dp/B0C3JDVYLX?binding=paperback&ref=dbs_dp_rwt_sb_pc_tpbk • Get Ray Keating’s Pastor Stephen Grant thrillers and mysteries at https://www.amazon.com/dp/B08SW8HB34?binding=paperback&ref=dbs_dp_rwt_sb_pc_tpbk • Grab Ray Keating’s Alliance of Saint Michael historical fiction books at https://www.amazon.com/dp/B0CW19Z3VH?binding=paperback&ref=dbs_dp_rwt_sb_pc_tpbk • Never miss any new novels from Ray Keating by joining the Pastor Stephen Grant Fellowship with Ray Keating at https://www.patreon.com/pastorstephengrantfellowship.
In this 250th episode, Ray explains an essential economic truth brought to the fore by Adam Smith, the 18th century father of modern economics. Consider books by Ray Keating… • Order Ray Keating’s “Weekly Economist” books at https://www.amazon.com/dp/B0C3JDVYLX?binding=paperback&ref=dbs_dp_rwt_sb_pc_tpbk • Get Ray Keating’s Pastor Stephen Grant thrillers and mysteries at https://www.amazon.com/dp/B08SW8HB34?binding=paperback&ref=dbs_dp_rwt_sb_pc_tpbk • Grab Ray Keating’s Alliance of Saint Michael historical fiction books at https://www.amazon.com/dp/B0CW19Z3VH?binding=paperback&ref=dbs_dp_rwt_sb_pc_tpbk • Never miss any new novels from Ray Keating by joining the Pastor Stephen Grant Fellowship with Ray Keating at https://www.patreon.com/pastorstephengrantfellowship.
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