Scrolla ner för att komma till sidan

Ep 93: Ben Stein – How to be Financially Savvy and Free

Ben Stein is the most famous economics teacher in America. His comedic role as the droning economics teacher in "Ferris Bueller's Day Off" is by far the most widely viewed scene of economics teaching in economics history and has been ranked as one of the fifty most famous scenes in movie history. But in real life, Ben Stein is a powerful speaker on economics, politics, education and history and motivation--and like his father, Herbert Stein, considered one of the great humorists on political economy and how life works in this nation. Stein in real life has a bachelor's with honors in economics from Columbia, studied econ at the graduate level at Yale, is a graduate of Yale Law School ( valedictorian of his class by election of his classmates in 1970), and has as diverse a resume as any man in America. Much more important, Ben Stein is morally committed to making your meeting a success and bringing his extensive background to bring out the most powerful and funniest trends in current history. That background includes...poverty lawyer for poor people in New Haven, trade regulation lawyer for the FTC, speech writer for Presidents Nixon and Ford. ( He did NOT write the line, "I am not a crook...."), columnist and editorial writer for The Wall Street Journal, teacher about law and economics at UC, Santa Cruz ( undergrads ) and Pepperdine( law school and undergrads). He has written or co-written roughly 30 books, mostly about investing, with his brilliant colleague, Phil DeMuth, many of them New York Times bestsellers. His and Dr. DeMuth's book, "Yes, You Can Time The Market" has become a landmark of using price theory for securities market analysis. He wrote a column about economics for The New York Times for several years, roughly 2004-2009. He was the co-host, along with Jimmy Kimmel, of the pathbreaking Comedy Central game show, "Win Ben Stein's Money," which won seven Emmies, including ones for Ben and Jimmy for best game show host. ( Surely making him the only well known economist to win an Emmy....). Presently, he writes a column for The American Spectator and for NewsMax, and is a regular commentator on Fox News and on CBS Sunday Morning, as well as a frequent commentator on CNN. He lives in Los Angeles with his wife of 45 years, Alexandra, two dogs and six cats. He loves people and loves to meet new people and hang out with them. He's a party guy, albeit an extremely serious economist and a decades long critic of excessively loose fiscal policy and unhelpful regulation in finance. Topics Discussed: * How the Federal Bank works and how it effects the everyday American * Why a house is still a great thing to own * What are Freddie Mac and Fanny Mae… are they a part of the Federal Bank * What should the average American focus on to be financially free * Why index funds should be the focus of the everyday investor * How does “Trickle Down” economics work * What are some of the biggest economic mistakes people make today * Why Ben considers investing in Bitcoin to be dangerous * Why you should never try to time the market Episode Resources: * Ben’s website: www.benstein.com * The World According to Ben Stein Podcast: https://podcasts.apple.com/us/podcast/the-world-according-to-ben-stein/id1540015480 * The Simple Life Website: https://www.thesimplelifenow.com *Make sure to signup and be a member of The Simple Life Insider's Circle at: https://www.thesimplelifenow.com/the-simple-life/

Om Podcasten

Discover how to live the life you want instead of what other people tell you to live. The host and guests uncover and share the shortest route to finding your purpose, passion, and place in the world. Featured guests include names like Thomas Massie, Kristine Stone, Damien Echols, Dan DiMauro and Morgan Pehme of HBO's The Swamp, and Matt Kibbe. The Simple Life Podcast is created and hosted by best-selling author and simple living expert Gary Collins. He is a former federal special agent and military intelligence officer who takes a no-BS-no-fluff-what’s-really-working-now approach to live the life you really want and cutting the meaningless clutter and drama. Topics range from simple living, entrepreneurship, personal freedom, finding your purpose, financial freedom, entrepreneurship, optimal health, living off the grid, and decluttering your life, just to name a few. What makes The Simple Life podcast different from the others? Gary doesn’t just talk the talk he walks the walk. He is known for being blunt, to the point, and teaching by experience, not the standard fair today of fake-it-until-you-make-it. He calls those people the “false prophets,” and there is no place for them on the show.