Dr. Skousen, the creator of the Gross Output measurement, explains how it measures the whole economy, not just the slice measured by GDP, and why the economy is driven by business, not consumption. Also, why GO is a better predictor than GDP. He also talks about FreedomFest, the most successful conference for intellectually curious people who are interested in expanding freedom.

Timestamps:
0:00 – Intro
1:59 – Where does FreedomFest come from?
5:20 – The Anthem Film Festival
8:15 – Why FreedomFest goes to Las Vegas and South Dakota
11:23 – Bringing intellectual speakers to FreedomFest
15:15 – FreedomFest Debates
18:49 – Signing up for FreedomFest
19:31 – A festival for attendees, not donors.
20:23 – The Structure of Production
22:00 – The Economics of Profit and Loss
24:03 – Say’s law
29:00 – What Seattle’s success says about Say’s law.
33:35 – Consumer spending and gross output.
45:17 – Gross Output versus GDP
48:09 – Inaccuracies of consumer confidence
51:38 -  Predicting GO

Dr. Skousen, the creator of the Gross Output measurement, explains how it measures the whole economy, not just the slice measured by GDP, and why the economy is driven by business, not consumption. Also, why GO is a better predictor than GDP. He also talks about FreedomFest, the most successful conference for intellectually curious people who are interested in expanding freedom.
Timestamps: 0:00 &ndash; Intro 1:59 &ndash; Where does FreedomFest come from? 5:20 &ndash; The Anthem Film Festival 8:15 &ndash; Why FreedomFest goes to Las Vegas and South Dakota 11:23 &ndash; Bringing intellectual speakers to FreedomFest 15:15 &ndash; FreedomFest Debates 18:49 &ndash; Signing up for FreedomFest 19:31 &ndash; A festival for attendees, not donors. 20:23 &ndash; The Structure of Production 22:00 &ndash; The Economics of Profit and Loss 24:03 &ndash; Say&rsquo;s law 29:00 &ndash; What Seattle&rsquo;s success says about Say&rsquo;s law. 33:35 &ndash; Consumer spending and gross output. 45:17 &ndash; Gross Output versus GDP 48:09 &ndash; Inaccuracies of consumer confidence 51:38 -&nbsp; Predicting GO

Meeting of Minds brings together the top minds in history, theology, finance, economics, language, mathematics and science. Host Jerry Bowyer invites guests to be both intelligent and clear and to follow truth wherever it leads.

Meeting of Minds brings together the top minds in history, theology, finance, economics, language, mathematics and science. Host Jerry Bowyer invites guests to be both intelligent and clear and to follow truth wherever it leads.

Meeting of Minds Podcast

I talk to the smartest people in the world about the wisest people who have ever lived, and I ask them not to dumb it down and not to follow any party line.

I talk to the smartest people in the world about the wisest people who have ever lived, and I ask them not to dumb it down and not to follow any party line.