Economy
Inflation Time Bomb
In this episode, Barry Farah provides a powerful summary of the elements negatively affecting our economy right now. The average American is only just starting to feel the impact in their bank accounts. With rising prices, the cost of living is just beginning to shoot up. Barry ties these consequences to excessive government spending and…
Read MoreThe Minimum Wage Myth
In this episode, Barry Farah provides insight into why a nationally set minimum wage does not help entry-level workers. Barry discusses how the percent of employees in the workforce that are at the minimum wage level has steadily declined for decades and now only represents 1.9% of workers. Barry Farah gives detailed information on what…
Read MoreThe Mayflower Compact and Small Business Success
In this episode, Barry Farah tells the story of the Mayflower Compact, who wrote it and why. The Compact was to be signed by those on the Mayflower who wished to remain in the New World. The Mayflower Compact uniquely implemented the concept of equal treatment for all under the law. This idea enabled a…
Read MoreWhat Happened to GameStop?
Today on Culture Shift, Barry Farah talks about economic freedom in light of a recent development related to short selling. Short selling is for sophisticated investors who are aware of the exorbitant risks. But, even in this risky territory, longterm a free market is best for the everyday person. The Bible speaks to economics extensively.…
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