#215: Navigating Economics for Growth and Impact with Alex CartwrightMay 24, 2023
In this episode, Alexander C. Cartwright, PhD joins us to discuss all things economics. Cartwright explores the economic benefits of free markets, sheds light on the consequences of government intervention, and explores the vital roles of property rights in fostering economic growth.
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Navigating Economics for Growth and Impact with Alex Cartwright
In this episode, we are thrilled to have Alexander C. Cartwright, PhD, an esteemed guest and expert in the field of economics, join the show. Cartwright, an Associate Professor of Economics and Chair of the Management Department at Ferris State University, shares his profound insights and wealth of knowledge on various economic topics.
Tune in as Cartwright delves into the advantages of free markets, highlighting their significant economic benefits. He discusses how free markets promote competition, innovation, and efficiency, ultimately driving economic growth and prosperity. Through engaging examples and real-world observations, he elucidates the power of market forces in shaping our economies.
Additionally, Cartwright sheds light on the unintended consequences that can arise from government intervention in markets. Drawing from historical and contemporary examples, he explores the potential pitfalls of excessive regulations and centralized control. Listeners gain a deeper understanding of how well-intentioned policies can inadvertently hinder economic progress and limit individual freedom.
In this thought-provoking conversation, Cartwright emphasizes the pivotal roles played by property rights and entrepreneurs in fostering economic growth. He explains how clearly defined and enforceable property rights encourage investment, incentivize productivity, and drive economic development. Additionally, he explores the dynamic and vital role entrepreneurs play in identifying opportunities, taking risks, and driving innovation, which are critical for long-term economic success.
Join us as we embark on an enlightening journey with Alexander C. Cartwright, PhD unraveling the intricate workings of economics, the significance of free markets, the consequences of government intervention, and the indispensable roles of property rights and entrepreneurs in nurturing thriving economies.
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