Economist Deirdre McCloskey on Small States and Individual Freedom, Market Outlook for Next Week

Simply Economics

Renowned economist Deirdre McCloskey shares her perspective on the power of small states and individual freedom. Plus, a market outlook for next week, including the key factors of a rate cut, FIIs, and economic data. Also, retailers report resilient consumer spending despite economists predicting a slowdown. And, a grocer-turned-House GOP member denounces Kamala Harris' price control scheme.
Sources:
https://english.elpais.com/economy-and-business/2024-08-25/deirdre-mccloskey-economist-big-states-prevent-people-from-growing.html
https://pune.news/business/market-outlook-rate-cut-fiis-and-economic-data-key-factors-for-next-week-218973/
https://www.investopedia.com/retailers-say-consumer-spending-still-strong-economists-predict-slowdown-8696584
https://nypost.com/2024/08/24/us-news/grocer-turned-house-gop-member-denounced-kamala-harris-price-control-plan/
Outline:
(00:00:00) Introduction
(00:00:44) Deirdre McCloskey, economist: ‘Big states prevent people from growing’
(00:02:47) Market Outlook: Rate cut, FIIs and economic data key factors for next week
(00:05:33) Economists Have Been Predicting A Spending Slowdown—These Retailers Don't See It
(00:07:53) Grocer turned House GOP member denounced Kamala Harris price control...