Let People Prosper - Vance Ginn Economic Consulting

How High Property Taxes Are Ruining Texas | LPP Bonus w "This Week in Bitcoin"

9/20/2023

Click below to watch the episode and read on for show notes:

We discuss:
1) The potential comeback of COVID shutdows and mask mandates, and why that would be fruitless for communities and public health;
2) How to reform the broken U.S. safety net system with the implementation of Empowerment Accounts, and how these differ from Universal Basic Income; and
3) How high property taxes in Texas are making home ownership unattainable for many or are driving seniors out of their homes, and how Texas could reasonably reduce property taxes until they are eliminated.
Be sure to check out and subscribe to the "This Week in Bitcoin" podcast.

You can watch this episode and others along with my Let People Prosper Show on YouTube or listen to it on Apple Podcast, Spotify, Google Podcast, or Anchor. Please share, subscribe, like, and leave a 5-star rating!

For show notes, thoughtful insights, media interviews, speeches, blog posts, research, and more, check out my website (www.vanceginn.com ) and please subscribe to my newsletter (www.vanceginn.substack.com), share this post, and leave a comment.

How Do High Home Mortgage Rates Affect Families and Banks? | LPP 62 w Dory Wiley

9/18/2023

Click below to watch the episode and read on for show notes:

We discuss:
1) Why he believes an economic bust is coming based on lending activities and economic indicators, and where there's corruption in the banking industry;
2) How high home mortgage rates after low rates during the pandemic are restricting supply, and how this affects the housing market; and
3) How the U.S. can rebuild its waning creditworthiness by Congress balancing the budget and putting taxpayer dollars to better use, and his thoughts on the Teacher Retirement System of Texas.
Dory’s bio:

Dory A. Wiley is President & CEO of Commerce Street Holdings, LLC, the holding company for Commerce Street Capital, LLC (“CSC”), a FINRA member broker/dealer and Commerce Street Investment Management, LLC (“CSIM”), an SEC-registered investment advisor. Since co-founding the firm in 2007, his primary focus has been the creation and management of investment funds that specialize in financial institutions and related derivatives.
Mr. Wiley serves on the Boards and Investment Committees of CSIM’s investment funds. He formerly served as a member of the Board of Trustees of the Teacher Retirement System of Texas, an approximately $100 billion pension fund where he was Chairman of the Investment Committee.
Mr. Wiley has over 20 years of experience in commercial and investment banking and investment management. Prior to his current position with Commerce Street, Mr. Wiley was President of SAMCO Capital Markets, LLC, which he joined in August, 1996. Prior to SAMCO, he was Vice President and Manager of the Financial Institutions Group at Rauscher Pierce Refsnes, now RBC Capital Markets.
Mr. Wiley often lectures on bank-related topics for universities, seminars and conferences. He has testified as an expert witness on bank and securities valuations, has written articles for various banking periodicals and has been quoted extensively in the media. He is a member of the AICPA, Texas Society of CPAs, the Dallas Society of Financial Analysts, the National Association of Certified Valuation Analysts, and the CFA Institute. He also serves on several charitable boards.
Mr. Wiley received a BBA in Finance and Accounting from Texas Tech University, and an MBA from Southern Methodist University.
Mr. Wiley is a registered representative and has passed the FINRA Series 7, 24, 63 and 65 examinations.

You can watch this episode and others along with my Let People Prosper Show on YouTube or listen to it on Apple Podcast, Spotify, Google Podcast, or Anchor. Please share, subscribe, like, and leave a 5-star rating!
For show notes, thoughtful insights, media interviews, speeches, blog posts, research, and more, please check out my website (www.vanceginn.com) and subscribe to my newsletter (www.vanceginn.substack.com), share this post, and leave a comment.

Why Did Income Hit the LOWEST Since 2018? | TWE 26

9/15/2023

Today, I cover:

1) National:

Shocking findings from the latest poverty report by the U.S. Census Bureau, including decreased real (inflation-adjusted) median household income and increased supplemental and child poverty rates.
Median weekly real earnings have declined the most so far under Biden than any other president since 1980 except for Bush, Sr. No wonder many Americans feel pessimistic about the future.
New CPI report shows an elevated inflation rate. Prices are much higher now than when Biden became president.
The combination of these indicates a weak economy from bad D.C. policies, as I recently explained at Econlib, and what to do about it.

2) States: Which states are seeking more tax reductions after lowering state income tax over the past three years?

3) Other: My thoughts on the DOJ lawsuit against Google for violating antitrust laws and why I believe it's an attack on consumers and capitalism.

You can watch this TWE episode and others along with my Let People Prosper Show on YouTube or listen to it on Apple Podcast, Spotify, Google Podcast, or Anchor. Please share, subscribe, like, and leave a 5-star rating!

For show notes, thoughtful insights, media interviews, speeches, blog posts, research, and more, please check out my website (www.vanceginn.com) and subscribe to my newsletter (www.vanceginn.substack.com), share this post, and leave a comment.

Why Is America’s Health Care So Expensive? | LPP 61 w Dr. Brian Blase

9/11/2023

Thank you for listening to the Let People Prosper Show podcast and for reading the newsletter for show notes and key economic insights.

Click below to watch the episode and read on for show notes:

We discuss:

1) How Medicaid evolved from its origins and throughout the pandemic, and need for reform;
2) How Obamacare continues to affect the health care industry, distort prices, and influence how employers provide health care coverage; and
3) How government intervention in health care alters the flow of supply and demand and what changes should be made to improve the system.

Brian’s bio:

Brian Blase, Ph.D., is the President of Paragon Health Institute. Brian was Special Assistant to the President for Economic Policy at the White House’s National Economic Council (NEC) from 2017-2019, where he coordinated the development and execution of numerous health policies and advised the President, NEC director, and senior officials. After leaving the White House, Brian founded Blase Policy Strategies and serves as its CEO.
Brian guided the House Committee on Oversight and Government Reform’s health care and entitlement program oversight and investigation efforts from 2011 to 2014, and then served as the Senate Republican Policy Committee’s health policy analyst from 2014 to 2015.
Brian serves as a policy advisor to Hoosiers for Affordable Health Care and as a visiting fellow at the Foundation for Government Accountability. He has also worked at the Mercatus Center at George Mason University and at the Heritage Foundation.
Brian is a prolific researcher and writer, authoring scores of research studies and policy analyses and regularly writing commentaries for The Wall Street Journal, New York Post, The Hill, National Review Online, and Forbes.
Brian received his PhD in Economics from George Mason University. He lives in Florida with his wife and five children.

You can watch this episode and others along with my Let People Prosper Show on YouTube or listen to it on Apple Podcast, Spotify, Google Podcast, or Anchor. Please share, subscribe, like, and leave a 5-star rating!

For show notes, thoughtful insights, media interviews, speeches, blog posts, research, and more, please check out my website (www.vanceginn.com) and subscribe to my newsletter (www.vanceginn.substack.com), share this post, and leave a comment.

LPP Bonus Episode | Why Tariffs, Immigration & Antitrust Laws can be HARMFUL w "The Immigration Guy"

9/6/2023

In this bonus episode, we discuss:

1) How immigration helps the U.S. economy and the truth behind common immigration myths, such as fear that immigrants "steal jobs,"
2) Why the tariffs against China didn't work, and the tyranny of excessive government spending; and
3) Dangers of antitrust laws, and the importance of letting markets work.

Be sure to check out and subscribe to “The Immigration Guy” podcast.

You can watch this episode and others along with my Let People Prosper Show on YouTube or listen to it on Apple Podcast, Spotify, Google Podcast, or Anchor. Please share, subscribe, like, and leave a 5-star rating!

For show notes, thoughtful insights, media interviews, speeches, blog posts, research, and more, check out my website (www.vanceginn.com ) and please subscribe to my newsletter (www.vanceginn.substack.com), share this post, and leave a comment.

LPP 60 | The DANGERS of Antitrust Laws with Hannah Cox

9/4/2023

We discuss:

1) How antitrust laws harm capitalism, why free markets work better with less government interference, and how people misunderstand antitrust laws;
2) What people, especially younger generations, misunderstand about capitalism, what it is and isn't, and how most of us on either side of the political aisle have more in common than not; and
3) How Hannah believes the country could change for the better, and her fascinating background from being a singer/songwriter and interning for Taylor Swift's team to becoming a liberty warrior.

Hannah’s bio:

Hannah Cox is a prominent libertarian writer, commentator, activist, and the Co-Founder of BASEDPolitics.
Cox has an extensive resume that began with 5 years working in Nashville’s music industry, interning for Taylor Swift’s management, coordinating red carpets, and overseeing promotional campaigns.
Her advocacy work began in 2013 when she served as a pro-bono policy advocate for the National Alliance on Mental Health in Tennessee and began working on the side for a gun-rights group at the same time. After witnessing the numerous ways the government was actively harming people, Cox decided to give up music for a career in public policy and activism and she hasn’t slowed down since.
Cox went on to work for the Beacon Center of Tennessee as their Director of Outreach where she worked on both legislation and pro-bono economic litigation. Her efforts there contributed to the repeal of the state’s last income tax, the first school choice program in Tennessee, numerous criminal justice reforms, the repeal of multiple occupational licenses, property protections, the expansion of free market healthcare access (via the repeal of CON laws and protections for Direct Primary Care), and a campaign against corporate welfare.
In 2018, Cox was tapped to serve as the National Manager of Conservatives Concerned About the Death Penalty. During her three years in this role, she overturned the death penalty in a state each year—always with Republican support for the bill.
Cox launched her show BASED in 2020 during the pandemic with a passion for teaching people how to think, not what to think. She was convinced after her years of successfully passing legislation with the support of both Democrats and Republicans that Americans are not as far apart as we think. We merely have different solutions for the same problems, and that stems from the fact that we lack a common understanding of the root cause of those issues in the first place (usually government intervention).
BASED immediately entered the top 1% of podcasts, launching Cox into her current role as a writer and commentator. In 2021, Cox partnered with her friend and colleague Brad Polumbo to expand the BASED brand into a full-fledged multimedia content hub where they use new media to continue driving real-world policy outcomes via education and awareness.
She is a frequent guest on Fox News and Fox Business’ Kennedy program and her work is commonly cited by lawmakers and leaders across the political spectrum.

You can watch this episode and others along with my Let People Prosper Show on YouTube or listen to it on Apple Podcast, Spotify, Google Podcast, or Anchor. Please share, subscribe, like, and leave a 5-star rating!

For show notes, thoughtful insights, media interviews, speeches, blog posts, research, and more, please check out my website (www.vanceginn.com) and subscribe to my newsletter (www.vanceginn.substack.com), share this post, and leave a comment.

LPP 59 w Dr. Peter St. Onge | Economic Lessons including Free-Market Capitalism in Taiwan

8/28/2023

We discuss:

1) What findings compelled him to switch his economic beliefs from being a communist to a free-market capitalist;

2) Observations from his experience living and working in Taiwan, including the power of free markets and what the U.S. could learn from them; and

3) What it will take for Americans to wake up to the horrors of government overreach, ways the government currently violates the Constitution, and much more.

Peter’s bio:

Peter St Onge is a Research Fellow in the Thomas A. Roe Institute for Economic Policy Studies and the Mark A. Kolokotrones Fellow in Economic Freedom at The Heritage Foundation. He holds a PhD in Economics from George Mason University and a bachelor's degree in Economics and Political Science from McGill University.
Before joining the Heritage Foundation, Peter was a Fellow at the Mises Institute, a Senior Fellow at the Montreal Economic Institute, and an Assistant Professor of International Trade and of Marketing at Taiwan’s Feng Chia University. Before academia, he held senior strategy and marketing positions at Harris Corporation of Florida and Takara Toys, Ltd. of Japan. He has lived extensively in Mexico, Brazil, Canada, Japan, and Taiwan, and speaks fluent Spanish, French, Japanese, and is conversational in Mandarin.
Peter’s papers have been published by the Independent Journal, The Heritage Foundation, and the Montreal Economic Institute. His articles on economics and finance have been published in The Wall Street Journal, The Globe and Mail, Financial Post, Business Insider, Bloomberg, the Mises Institute, Coindesk, and Zerohedge. He has presented papers at the Association of Private Enterprise Education, International Conference on Business and Information, American Marketing Association Marketing Educators’ Conference, and the Austrian Economics Research Conference. He has published book chapters in Ronald Coase: Academic Contributions (NTU Press, 2013); Handbook of East Asia Entrepreneurship (Routledge, 2014); and No Choice, No Exit (Heritage Foundation, 2020).
Peter hails from sunny Philadelphia and lived as a child in West Germany and Japan.

You can watch this episode and others along with my Let People Prosper Show on YouTube or listen to it on Apple Podcast, Spotify, Google Podcast, or Anchor. Please share, subscribe, like, and leave a 5-star rating!

For show notes, thoughtful insights, media interviews, speeches, blog posts, research, and more, please check out my website (www.vanceginn.com and subscribe to my newsletter (www.vanceginn.substack.com), share this post, and leave a comment.

Let People Prosper BONUS Episode w This Week in Bitcoin | Will Crypto Be the Next U.S. Currency?

8/23/2023

In this episode, we discuss:
1) Why the U.S. dollar is weakening, and whether cryptocurrency has the potential to replace the dollar as the currency;
2) How antitrust laws harm competition and threaten sectors like tech; and
3) What the election in Argentina could mean for its economy, and more!

Be sure to check out and subscribe to the "This Week in Bitcoin" podcast.

You can watch this episode and others along with my Let People Prosper Show on YouTube or listen to it on Apple Podcast, Spotify, Google Podcast, or Anchor. Please share, subscribe, like, and leave a 5-star rating!

For show notes, thoughtful insights, media interviews, speeches, blog posts, research, and more, check out my website (https://www.vanceginn.com/) and please subscribe to my newsletter (www.vanceginn.substack.com), share this post, and leave a comment.

Let People Prosper Ep. 58 w Dr. Matt Mitchell | Hidden Truth of Socialism: Danger to the US and Role in Poland and European Union

8/21/2023

In this episode, we discuss:
1) The importance of economic freedom, how it is measured, the rule of law, and the importance of protecting private property;
2) Myths about which European countries are socialist and the history of different economic institutions in Poland, including his latest work “The Road to Socialism and Back: An Economic History of Poland, 1939–2019”; and
3) A history of socialism and communism, what Marx failed to see in countries with capitalism or socialism, and reasons to be optimistic about economic freedom and prosperity worldwide.

Matt’s bio:

Matthew D. Mitchell is a Senior Fellow in the Centre for Economic Freedom. Prior to joining the Fraser Institute, Mitchell was a long-serving senior fellow at the Mercatus Center at George Mason University, where he remains an affiliated senior scholar. He is also a senior research affiliate at the Knee Center for the Study of Occupational Regulation at West Virginia University.
Mitchell received his PhD and MA in economics from George Mason University and his BA in political science and BS in economics from Arizona State University. His writing and research focuses on economic freedom, public choice economics, and the economics of government favoritism.
Mitchell has testified before the U.S. Congress and several state legislatures. He has advised federal, state, and local government policymakers in the United States on both fiscal and regulatory policy. His research has been featured in numerous national media outlets, including the New York Times, the Wall Street Journal, the Washington Post, National Public Radio, and C-SPAN.

You can watch this episode and others along with my Let People Prosper Show on YouTube or listen to it on Apple Podcast, Spotify, Google Podcast, or Anchor. Please share, subscribe, like, and leave a 5-star rating!

For show notes, thoughtful insights, media interviews, speeches, blog posts, research, and more, check out my website (https://www.vanceginn.com/) and please subscribe to my newsletter (www.vanceginn.substack.com), share this post, and leave a comment.

Let People Prosper Ep. 57 w Nic Horton | Why Arkansas Could Be the BEST State With Safety Net Reforms + School Choice

8/14/2023

In this episode, we discuss:

1) How Arkansas continues to grapple with the same issues decade after decade, including a broken foster care system, high poverty rates, and poor K-12 reading scores;
2) Why safety net reforms are key to Arkansas' flourishing, specifically concerning Medicaid; and
3) How more school choice would put Arkansas on the map, and why Arkansas has the potential to be the next go-to state like Texas, Florida, and Tennessee.

Nic’s bio:

Nic Horton is the founder and CEO of Opportunity Arkansas.
A lifelong Arkansan, Nic has done political and policy work in roughly half the country, ranging from Maine to Montana. His original research and analysis has been highlighted in The Wall Street Journal, Fox News, Forbes, National Review Online, the Washington Examiner, and Townhall, among other national outlets. Nic has also appeared on numerous talk radio shows across the country.
Starting in the political world volunteering for local in Arkansas campaigns, Nic eventually founded and led The Arkansas Patriot, one of the leading conservative news sites in the South. Much of Nic’s work focused on holding local governments and elected officials accountable on wasteful spending, lack of transparency, and tax hikes. Partnering with local concerned citizens, Nic played an instrumental role in defeating numerous local tax increases at the ballot.
Nic later became the editor of The Arkansas Project, the largest policy news site in Arkansas, where he covered state issues ranging from criminal justice policy and tax reform to Medicaid expansion and occupational licensing.
Nic’s early career as a journalist and Medicaid policy enthusiast led him to the Foundation for Government Accountability (FGA). Starting as the lone research fellow at FGA, focusing on Obamacare and Medicaid, Nic was quickly promoted to Research Director. Over the next five years, he built the department from the ground up by recruiting, training, and developing top-notch talent. Nic’s team members regularly were recruited and promoted by other departments in the organization which was openly recognized as a key asset for the company and an indication of his high ability to develop talent. During his tenure, he published more than 50 major research studies.
During his tenure at FGA, Nic also served as an on-the-ground lobbyist in Arkansas where he was directly responsible for nearly 100 policy wins in the state (Previously, the organization had never achieved any policy wins in Arkansas). These wins range from implementing Medicaid work requirements—which made Arkansas the first and only state in the country to do so—to reforming the state’s archaic independent contractor rules to make it easier for Arkansans to find flexible work.
Nic has testified before legislative committees in nearly a dozen states, including in Arkansas and bigger states like Pennsylvania.
Spurred by his passion for Arkansas and solving his home state’s generational problems, Nic took a giant leap of faith in 2022 to pursue his decades-old dream of running his own policy organization. In August of 2022, Opportunity Arkansas was officially incorporated with the state of Arkansas. OA works to solve generational problems—like poverty, dependency, crime, and failing schools—by simplifying government.
Nic also launched his for-profit research firm, Red Truck Strategies, in 2022 to allow him to continue utilizing his multi-state and federal policy expertise. The firm provides research, data, and strategic consulting services, primarily for national conservative non-profits.
Nic resides in Conway, Arkansas, with his wife Leah and two children Clark and Clara. The Hortons are active members of The Summit Church.
When he is not writing a policy piece or chasing his kids, Nic enjoys gardening, any good home improvement project, and storytelling. He holds a Bachelor of Science in Public Administration and a Master of Business Administration, both from Harding University.

You can watch this episode and others along with my Let People Prosper Show on YouTube or listen to it on Apple Podcast, Spotify, Google Podcast, or Anchor. Please share, subscribe, like, and leave a 5-star rating!
For show notes, thoughtful insights, media interviews, speeches, blog posts, research, and more, check out my website (https://www.vanceginn.com/) and please subscribe to my newsletter (www.vanceginn.substack.com), share this post, and leave a comment.

Let People Prosper Ep. 56 w Daniel Turner | Why Can't Wind or Solar Replace Fossil Fuels? What "Bidenomics" Is Ruining

8/7/2023

In this episode, we discuss:

1) The flawed green energy agenda, how it centralizes power, enables China, and stifles free markets (watch the hearing before the U.S. House Ways and Means Committee where we both testified on how destructive is the green energy agenda);
2) Why wind and solar can never replace fossil fuels and the harmful effects of trying to eradicate all fossil fuel usage; and
3) How "Bidenomics" is empowering foreign nations while putting the U.S. at a disadvantage, and more.

Daniel’s bio:

Daniel Turner is the Founder and Executive Director of Power The Future (PTF). For nearly 20 years he has worked in communications and public affairs for several non-profits and various campaigns including in his home district (NY-9) for his Uncle Bob Turner’s successful and historic house race.
Daniel started PTF to advocate for rural energy communities in the power center of Washington, DC which makes those policy decisions which impact energy workers. Daniel is an expert in energy and environmental issues as they pertain to jobs, rural communities, the U.S. economy, international affairs, and our national security. His op-eds have been published in dozens of outlets and he is a regular guest on multiple programs on Fox News, Fox Business, Newsmax, and One America News Network. He has appeared on over 1000 radio programs.
Daniel is a native of Queens, New York. He and his spouse live on a working farm where they focus on heritage breeds including sheep, chickens, and turkeys. Their farm staff consists of two Blue Heelers who never tire. Daniel also serves on the Board of Directors of a non-profit that does relief work in Africa. Email him at daniel@powerthefuture.com.

You can watch this episode and others along with my Let People Prosper Show on YouTube or listen to it on Apple Podcast, Spotify, Google Podcast, or Anchor. Please share, subscribe, like, and leave a 5-star rating!
For show notes, thoughtful insights, media interviews, speeches, blog posts, research, and more, check out my website (https://www.vanceginn.com/) and please subscribe to my newsletter (www.vanceginn.substack.com), share this post, and leave a comment.

Let People Prosper Show Ep. 55 w John Mozena: How Corporate Welfare DISRUPTS Economies & PROBLEM With "Sidewalk Socialism"

7/31/2023

In this episode, I discuss the following with John Mozena:

1) How politicians, even on the right, incorporate components of "sidewalk socialism" and why this is a dangerous game;
2) How corporate welfare is disrupting the natural flow of spontaneous order in society, destroying states, and corrupting universities; and
3) Why decreased spending and regulations are the best paths forward to human flourishing and more.

John’s bio:

CEA President John C. Mozena has been on both sides of the economic development wars. A long-time marketing and communications professional and former journalist, he spent two decades in private-sector agency and corporate roles where his clients often included economic development entities and programs. As a public relations agency account lead, he worked with six downtown development authorities, a major regional tourism bureau and convention center, three national industry trade associations, multiple commercial real estate developers and a variety of other clients with interests in economic development policy. He was the author of innumerable press releases and talking points announcing stimulus funding, state tax credits, manufacturing plant openings, public-private partnerships and other deals and initiatives touting “job creation” and “economic impact.”
After leaving the private sector, Mozena became the vice president for marketing and communications at the Mackinac Center for Public Policy, Michigan’s free-market public policy think tank. At the Mackinac Center, he worked closely with the nationally-recognized research and policy team in its Morey Fiscal Policy Initiative to provide marketing and communications planning and support for their economic development policy work. He left the Mackinac Center in 2017 and served as a marketing and communications consultant for public policy organizations while working with the CEA’s co-founders to launch it at the end of 2018.
In the 1990s, Mozena co-founded the Coalition Against Unsolicited Commercial Email (CAUCE), a grassroots organization advocating for policy tools to fight the growing problem of junk “spam” email for consumers. As CAUCE’s primary media contact, he was quoted in the Wall Street Journal, The New York Times, Newsweek, Wired, NPR, PBS, CNN, CNBC, MSNBC, CBS Radio, Fox News Channel, BBC and more than 100 other media outlets.
He is a graduate of the Atlas Network Academy, including its Think Tank Leadership Training program; a member of the American Enterprise Institute Leadership Network; a Fellow at the Better Cities Project and holds an accreditation in public relations (APR) from the Public Relations Society of America.

You can watch this episode and others along with my Let People Prosper Show on YouTube or listen to it on Apple Podcast, Spotify, Google Podcast, or Anchor. Please share, subscribe, like, and leave a 5-star rating!

For show notes, thoughtful insights, media interviews, speeches, blog posts, research, and more, check out my website (https://www.vanceginn.com/) and please subscribe to my newsletter (www.vanceginn.substack.com), share this post, and leave a comment.

How Central Banks MANIPULATE Currencies & What Money IS NOT | Let People Prosper Ep. 54 w Dr. Judy Shelton

7/25/2023

In this episode, I discuss the following with Dr. Judy Shelton:

1) Why money is important, how it gets its value, what it really is and is not;
2) What the Fed did wrong during the pandemic, how it continues to mishandle interest rates, and why this approach will ultimately not abet inflation; and
3) Skyrocketing interest rates around the world, how central banks manipulate currencies, and much more.

Check out one of her recent op-eds in The Wall Street Journal “The Fed’s Monetary Policy Tool Kit Needs an Overhaul.”

Dr. Shelton’s bio:

Economist Judy Shelton specializes in global finance and monetary issues. She has testified before Congress as an expert witness at hearings conducted by Senate Banking, Senate Foreign Relations, House Banking, House Foreign Affairs, and the Joint Economic Committee.
Dr. Shelton has been consulted on international economic/financial issues by national security officials at the White House and Pentagon. She received a postdoctoral fellowship from the Hoover Institution at Stanford University as a National Fellow; she was named as a Hoover scholar and was subsequently appointed Senior Research Fellow (1985-1995). Shelton is the author of The Coming Soviet Crash: Gorbachev’s Desperate Pursuit of Credit in Western Financial Markets (1989) and Money Meltdown: Restoring Order to the Global Currency System (1994). Her opinion pieces appear in The Wall Street Journal, Financial Times, The Hill, The Weekly Standard and the Cato Journal.
Shelton was an economic advisor for the National Commission on Economic Growth and Tax Reform chaired by Jack Kemp (1995-1996). She was a founding member of the board of directors of Empower America and has also served on the board of directors for Hilton Hotels and Atlantic Coast Airlines. She also taught international finance as a visiting professor at the DUXX Graduate School of Business in Monterrey, Mexico (1995-2001).
Shelton joined the Atlas Network in 2010, where she serves as Senior Fellow. She has written two monographs for Atlas: “A Guide to Sound Money” (2010) and “Fixing the Dollar Now” (2011). Shelton was a member of the board of directors of the National Endowment for Democracy (2005-2014). She served on NED’s Budget & Audit committee and was the designated board expert on Russia, Ukraine and Belarus. She was appointed and served as Vice Chairman of the NED Board from 2010-2014.
Shelton holds a Ph.D. in Business Administration, with an emphasis on finance and international economics, from the University of Utah.

You can watch this episode and others along with my Let People Prosper Show on YouTube or listen to it on Apple Podcast, Spotify, Google Podcast, or Anchor. Please share, subscribe, like, and leave a 5-star rating!

For show notes, thoughtful insights, media interviews, speeches, blog posts, research, and more, check out my website (https://www.vanceginn.com/) and please subscribe to my newsletter (www.vanceginn.substack.com), share this post, and leave a comment.

"Old Right" v. "New Right," Austrian Business Cycle Theory, & Govt Failure | Let People Prosper Show Ep. 53 w Dr. Bob Murphy

7/18/2023

Thank you for listening to the Let People Prosper Show podcast and for reading the newsletter for show notes and key economic insights.

We discuss:
1) What’s been called the "old right" vs. the "new right", where Oren Cass of the “new right” gets some things correct, and the flaws in this view’s solutions to perceived market failures;
2) The Austrian Business Cycle Theory and what the Austrian School of economics tells us about current issues with inflation and interest rates; and
3) Learning from past errors in misdiagnosing economic events, theories about how the current economy will bust, and more.

Check out his podcast, The Bob Murphy Show: https://www.bobmurphyshow.com/

Dr. Murphy’s bio:

Robert P. Murphy is a Senior Fellow with the Mises Institute. He is the author of numerous books: Contra Krugman: Smashing the Errors of America's Most Famous Keynesian; Chaos Theory; Lessons for the Young Economist; Choice: Cooperation, Enterprise, and Human Action; The Politically Incorrect Guide to Capitalism; Understanding Bitcoin (with Silas Barta), among others. He is also host of The Bob Murphy Show.

You can watch this episode and others along with my Let People Prosper Show on YouTube or listen to it on Apple Podcast, Spotify, Google Podcast, or Anchor. Please share, subscribe, like, and leave a 5-star rating!

For show notes, thoughtful insights, media interviews, speeches, blog posts, research, and more, check out my website (https://www.vanceginn.com/) and please subscribe to my newsletter (www.vanceginn.substack.com), share this post, and leave a comment.

Signatory of "Freedom Conservatism: A Statement of Principles"

7/12/2023

On September 11, 1960, a group of young conservatives gathered in the home of William F. Buckley, Jr., in Sharon, Connecticut. For decades, the timeless ideals embodied in the document they produced animated the American conservative movement.

Today’s public policy challenges are different than the ones faced by the Sharon Statement signatories in 1960. Authoritarianism is on the rise both at home and abroad. More and more people on the left and right reject the distinctive creed that made America great: that individual liberty is essential to the moral and physical strength of the nation.
In order to ensure that America’s best days are ahead, we affirm the following principles:

Liberty. Among Americans’ most fundamental rights is the right to be free from the restrictions of arbitrary force: a right that, in turn, derives from the inseparability of free will from what it means to be human. Liberty is indivisible, and political freedom cannot long exist without economic freedom.
The pursuit of happiness. Most individuals are happiest in loving families, and within stable and prosperous communities in which parents are free to engage in meaningful work, and to raise and educate their children according to their values.
The foundation of prosperity. The free enterprise system is the foundation of prosperity. Americans can only prosper in an economy in which they can afford the basics of everyday life: food, shelter, health care, and energy. A corrosive combination of government intervention and private cronyism is making these basics unaffordable to many Americans. We commit to reducing the cost of living through competitive markets, greater individual choice, and free trade with free people, while upholding the rule of law, freedom of contract, and freedom of association.
Full faith and credit. The skyrocketing federal debt—which now exceeds the annual economic output of the United States—is an existential threat to the future prosperity, liberty, and happiness of Americans. We commit to building a constructive reform agenda that can restore America’s fiscal sustainability, ensuring that future generations inherit a more prosperous and secure nation than the one we now inhabit.
A nation of laws, not men. Equality under the law is a foundational principle of American liberty. Unfortunately, today this principle is under attack from those who believe that the rule of law does not apply to them. One manifestation of this problem is the explosion of unaccountable and unelected regulators who routinely exceed their statutory authority and abridge Americans’ constitutional rights. The President should only nominate policymakers and judges who are committed to upholding these rights.
Americans by choice. Immigration is a principal driver of American prosperity and achievement. America is exceptional because anyone—from any corner of the earth—can seek to live in America and become an American. Nearly all American citizens descend from someone who came here from somewhere else, and we must treat all citizens equally under the law. To this end, the United States, as a sovereign nation, has the right to secure its borders and design a rational immigration policy—built on the rule of law—that advances the interests and values of American citizens.
Out of many, one. The best way to unify a large and diverse nation like the United States is to transfer as many public policy choices as possible to families and communities. Much of the discord in America today comes from the fact that too many decisions are made for us by centralized authorities. The Constitution of the United States is the best arrangement yet devised for granting government the just authority to fulfill its proper role, while restraining it from the concentration and abuse of power.
America’s promissory note. Martin Luther King, Jr. described the Constitution and the Declaration of Independence as containing “magnificent words…a promissory note to which every American was to fall heir.” Prior to 1964, however, slavery and segregation were enforced by state governments and, in many cases, by the federal government. Many who descend from victims of this system now face economic and personal hurdles that are the direct result of this legacy. We commit to expanding opportunity for those who face challenges due to past government restrictions on individual and economic freedom. We adamantly oppose racial discrimination in all its forms, either against or for any person or group of people.
The shining city on a hill. American foreign policy must be judged by one criterion above all: its service to the just interests of the United States. Americans are safest and freest in a peaceful world, led by the United States, in which other nations uphold individual liberty and the sovereignty of their neighbors.
Freedom of conscience. Essential to a free society is the freedom to say and think what one believes to be true. Under the First and Fourteenth Amendments to the Constitution, federal and state governments have a legal obligation to uphold and protect these freedoms. Private institutions have a moral obligation to do the same.

See full list of signatories and the original post at Freedom Conservatism.