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Podcast: Faith and Economics
Episode: Public-Private Partnerships are Wasteful –Dr. Michael Farren | #187
Description: This week, the Gwartney team welcomes to the show, Michael Farren. Micheal and the team discuss different states subsidizing businesses to locate within their state. We discuss the after-effects of when businesses and governments collaborate, does this partnership ruin competition? Join the conversation now!
Kansas City is ground zero / 1:45
Truce between Kansas & Missouri / 4:00
Slowing national growth / 8:05
Prisoners Dilemma and Panasonic / 12:00
Politcal incentives / 18:15
Ruinous competition / 28:20
Government privilege / 32:00
"Government scheckles come with government shackles"Â