How Growing Up With Hyperinflation in Brazil Changed How Carlos Carvalho Sees Economics

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. Please share this episode on social media, and provide a rating and review. Also, subscribe and see show notes for this episode on Substack (www.vanceginn.substack.com) and visit my website for economic insights (www.vanceginn.com). 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.