In this episode of The Big Questions with Big John, Big John interviews Dr. Benjamin Powell, Director of the Free Market Institute, who discusses his interest in economics and his journey to becoming an economist. Dr. Powell also delves into the topic of immigration and its impact on the economy. Additionally, he discusses the importance of sweatshops in the global economy and how they contribute to economic development and higher living standards. Powell also discusses his book ‘Socialism Sucks: Two Economists Drink Their Way Through the Unfree World’.
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Chapters:
00:00 Opening
02:00 Dr. Benjamin Powell’s Journey to Economics
12:44 The Positive Impact of Immigration on the Economy
23:42 The Importance of Sweatshops in Economic Development
33:48 The Transition from Poverty to Higher Living Standards
37:07 Challenging Misconceptions about Sweatshops
46:57 The Failures of Socialism in Various Countries
55:00 Silly Questions
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