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What Happened to GameStop?
Today on Culture Shift, Barry Farah talks about economic freedom in light of a recent development related to short selling. Short selling is for sophisticated investors who are aware of the exorbitant risks. But, even in this risky territory, longterm a free market is best for the everyday person. The Bible speaks to economics extensively. Jesus talked about money more than any other topic except the kingdom of heaven. Extensive empirical evidence points to economic freedom improving the lives of every community it touches. There are four components to freedom economics. When one or more is crimped by government overreach it adversely impacts everyone. When economic freedom prevails it serves other freedom rights.
“Only allowing the institutional players to operate is against the free market and it is being challenged in the courts.”
“Normally, when Wall Street loses, they just change the rules, but, hopefully, the free market has just opened a whole new way for the little guy to be brought into the playing field.”
“Jesus talks about economics and money more than he talked about Heaven and Hell combined.”
“Jesus talks about economics and money more than any other thing besides the Kingdom of God.
“If you don’t have an economic system built on freedom then you will be constrained and will not be able to enjoy as many goods and services."
“Economic freedom is essential for all other freedoms.”
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