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The Economics of Growth with Rich Lowrie

The Economics of Growth with Rich Lowrie

FromTruth with Vivek Ramaswamy


The Economics of Growth with Rich Lowrie

FromTruth with Vivek Ramaswamy

ratings:
Length:
31 minutes
Released:
May 11, 2023
Format:
Podcast episode

Description

In this episode of The Vivek Show, host Vivek Ramaswamy welcomes Rich Lowrie, an economic advisor to Herman Cain's presidential campaign, to discuss the complexities of economic growth. The conversation covers GDP as a measure of success, the impact of dollar volatility on economic productivity, and the rise of the managerial class. Rich Lowrie emphasizes the importance of a stable unit of measure and the need for more business investment. He also critiques the Federal Reserve's policies and their effects on wage growth and the striving majority.--Donate here: https://t.co/PE1rfuVBmbFor more content follow me here:Twitter - @VivekGRamaswamyInstagram - @vivekgramaswamyFacebook - http://facebook.com/VivekGRamaswamyTruth Social - @VivekRamaswamyRumble - @VivekRamaswamy--Time-codes:00:00: Introduction and the importance of economic growth01:00 Rich Lowrie shares his background and interest in economic growth01:36: Emphasis on economic growth in solving problems03:30 Discussion on the belief that consumption drives GDP10:37: The importance of a stable unit of measure for economic productivity14:52: The impact of dollar volatility on economic productivity20:09: Rise of the managerial class and the shift in focus to labor markets24:00: Critique of the Federal Reserve's control over the money supply30:22: Discussion on the Federal Reserve's policies and their effect on meritocracy and wage growth.
Released:
May 11, 2023
Format:
Podcast episode

Titles in the series (65)

Vivek Ramaswamy, a product of the American Dream, shares his journey from being a nerdy kid to becoming a biotech entrepreneur and founder of multi-billion-dollar companies. He faced challenges, but never saw hardship as victimhood. Instead, he found opportunities in adversity. After creating successful biotech companies that developed life-saving drugs, Vivek turned his attention to the rise of the ""woke cult"" and woke capitalism, writing best-selling books on these subjects. Ramaswamy decided to take action and founded Strive Asset Management to compete with ESG-pushing asset management firms, urging companies to focus on making products and services for profit. Realizing the need for a cultural revival in America, he decided to run for US president. He aims to lead, not follow, and plans to use his podcast to open up the Overton window to discuss ideas that are currently seen as taboo, with the hope that these ideas will become mainstream in the future.