Today, I'm joined on episode 69 of the "Let People Prosper" show by Dr. Carlos Carvalho, who is Professor of Statistics at the University of Texas-Austin and Executive Director of the Salem Center.
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We discuss:
1) Economic lessons that Dr. Carvalho learned living in Brazil during the 80s while the nation suffered from hyperinflation and how it relates to current overspending by Congress in the U.S.;
2) The importance of federalism and letting markets work; and
3) How the pandemic was mishandled and the importance of understanding tradeoffs.