Ep 85: Correcting Popular Economic Fallacies with Caleb Fuller

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 inflation
  • Price controls are an effective way of “controlling” said inflation
  • The minimum wage is a free lunch to low-skilled workers
  • Racial discrimination is costless to the discriminator
  • China is “beating” us at trade
  • Rent control expands housing availability for the poorest
  • Trade or immigrants “steal” domestic jobs
  • Women earn less than men for performing the same work

We also discuss the history of the Austrian school, why Christians need to study economics, and some suggested reading material for those who want to do further research. This is a massive episode that demonstrates how easy it is for economic myths to be widely accepted and why we need to think more carefully about the economy. Check it out!


Additional Resources

Our Economic Illiteracy: https://mises.org/wire/our-economic-illiteracy

No Free Lunch: https://a.co/d/2Dvv12D

Caleb Fuller’s Website: https://calebsfuller.com/

Caleb Fuller on Twitter: @CalebSFuller

Browse more Christians for Liberty Network Shows

The Christians for Liberty Network is a project of the Libertarian Christian Institute consisting of shows and hosts offering various perspectives on the intersection of Christianity and libertarianism. Views expressed by hosts and guests do not necessarily reflect the view of the organization, its staff, board members, donors, or any other affiliates (including other hosts or guests on the network). Guest appearances or interviews of any incumbents, officials, or candidates for any political, party, or government office should not be construed as endorsements. The Libertarian Christian Institute is a 501(c)(3) non-profit organization and does not endorse any political party or candidate for any political, government, or party office. For information about the Libertarian Christian Institute’s core values, please visit this page.