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Media Business | Gary Wolfram - How the Media Deals with the Economy & Debt

Media Business
February 16, 2024 2:00 PM

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Tony Conley is a newer content contributor and show host for Michigan Business Network. To kick off his sixty-seventh episode, Tony has a three-segment conversation about the US and Michigan economy and impact of debt.

He welcomes Gary Wolfram, William Simon Professor of Economics and Public Policy, Director of Economics, Professor of Political Economy at Hillsdale College.

Listen Gary and Tony's conversation by clicking on the PodCast playlist below!

 

In their conversation Tony covered several topics with Gary:

What is your prediction for Michigan's 2024 economy?

What are your thoughts on the U.S. economy and it's debt?

What concerns you most about young people and the economy?

More about Gary:

Economics can be used to explain much of what happens around us—how people behave, what is produced, who gets what, and how government works. It allows one to see both the seen and the unforeseen.

People should both see and observe. Economics should produce this among students of the subject. The focus should be on the logic of how one action creates consequences that are both intended and unintended. This can be used to determine why individual liberty is important and how government must be limited.

I have been at Hillsdale since 1989, and I particularly enjoy teaching undergraduates. The atmosphere is extremely cordial, with everyone working together, and the philosophy of the College is known, direct, and consistent with my views.

Hillsdale provides students with a quality undergraduate education. Professors are experts in their fields, but just as important, they have chosen teaching as their vocation. Unlike a school like UC Berkeley, which is a great institution and where I earned my Ph.D., undergraduates at Hillsdale are not taught by teaching assistants. If you want to go to a top research institution for graduate school, an undergraduate degree from Hillsdale will make this possible.

In addition, while there are a lot of fine schools that are regional in reputation, Hillsdale is national in reputation. If you want to work in Phoenix or New York, people will know of Hillsdale. This gives students here more opportunity than most other liberal arts colleges.

I used to spend my free time as a competitive distance runner seeking the Olympic Trials in the marathon, but at my age, those days are gone. I now spend time with family, give talks around the country, and consult on public policy issues, primarily at the state level. In fact, I took a leave of absence from 1991-1992 to serve as the Deputy State Treasurer for the State of Michigan and served as the Chief of Staff for Congressman Nick Smith from 1995-1996.

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Thank you to Benjamin Robinson and Motor City Skyline's music

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Media Business, hosted by Tony Conley. As a media veteran with more than 25 years of working experience working in television, radio, print, and social media platforms, Tony and his guests will explore the business of the media. Does the media care about journalistic integrity, proper reporting, making profits, telling all sides of every story? Is the media now an opinion based entity focused on its own agenda and do they favor sides? How does the media influence business and how does business influence the media? What are the solutions to the frenzy of Media Madness? Media Business will present all sides of these stories and let you decide.