Robert Luddy | Modern Monetary Theory vs. Reality: No More Free Money | Fall Classical Summit 2023
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Description
Modern Monetary Theory (MMT), is an economic theory that allows unlimited government spending financed by deficits and debt. However, MMT leads to high taxes, high-interest rates and lower growth. High...
show moreIn this lecture, Bob Luddy explained the financial and economic underpinnings of MMT and why this economic theory causes more disastrous consequences the more we act on it.
Bob Luddy is the founder of Thales Academy and the President of CaptiveAire Systems, a leading manufacturer of commercial kitchen ventilation equipment. In 2007, Bob opened Thales Academy, a network of private schools offering a high-quality Pre-K-12 education at affordable tuition. The Luddy Schools are quickly growing, with over 5,000 students enrolled throughout North Carolina, Tennessee, and Virginia.
Bob is an avid supporter of entrepreneurs and the free market system, and published his book, “Entrepreneurial Life: The Path from Startup to Market Leader,” in 2018. This lecture was delivered live at the Fall Classical Summit, a regional classical conference held at Thales Academy Rolesville Junior High-High School on October 6, 2023.
Interested in teaching at Thales Academy? Please check out our website if you are interested in pursuing a career at Thales Academy and learning about needs across our network. Find out more at https://www.thalesacademy.org/contact/careers.
Information
Author | Thales Press |
Organization | Developing Classical Thinkers |
Website | - |
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