The economic costs of political excitement are often overlooked, especially when idealism masks the realities of policy. In this episode, we speak with Germinal Van, Economist, Scholar, and two-time Best Indie Book Award-winning author of “Thomas Sowell: A Misunderstood Economist” and “The Economic Condition of Black America in the Twentieth Century: A Historical and Empirical Analysis.”
He is also the founder of GGV Publishing Company, an independent publishing house dedicated to enhancing scholarship and high-quality writing that helps authors leave their indelible marks on the world. We explore the persistent tension between good politics and sound economics, and what the founding fathers foresaw about the dangers of centralized power.
Key Takeaways:
(01:30) Zoran Ani’s appeal masks socialist policies that have repeatedly failed.
(03:18) Minimum wage hikes fuel inflation and hurt small businesses.
(05:22) Easy student loans drive tuition hikes and mask true costs.
(09:28) Failed policies drive up government spending and operational costs.
(12:56) Trump’s spending bill breaks promises, grows the deficit and fuels inflation.
(15:05) Ron Paul couldn’t win because he was too honest about necessary reforms.
(22:50) The Westward Expansion was necessary, though carried out harshly.
(24:17) In today’s digital economy, wealth comes from owning and processing data.
Resources Mentioned:
https://www.linkedin.com/in/germinal-van-3888201b3/
GGV Publishing Company | LinkedIn
https://www.linkedin.com/company/ggv-publishing-company/
GGV Publishing Company | Website
https://www.ggvpublishingcompany.com/?srsltid=AfmBOop8LUtoDZmA1yFXbtMBs6BHaxveESoq_YdsHI_hKQixO7tGQrto
“Thomas Sowell: A Misunderstood Economist”
https://www.amazon.com/Thomas-Sowell-Misunderstood-Germinal-Van-ebook/dp/B0D38DMXD1
“The Economic Condition of Black America in the Twentieth Century”
https://www.amazon.com/Economic-Condition-America-Twentieth-Century/dp/B08C49FNRD
https://en.wikipedia.org/wiki/Cantillon_effect
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