Hi friends, welcome back to capitalism.com. I'm Ryan Daniel Moran. This episode is a little bit

different than our regularly scheduled programming here on the podcast. I have the privilege of speaking

to a man that had a profound impact on my life. This was one of my college professors by the name of

Dr. Tom Lehman. He's an economics professor over at Indiana Wesleyan University in Marion, Indiana.

And Dr. Tom was brought on in the podcast because I really wanted to hear an analysis of what's

going on in the podcast. Our format's going to be a

little bit different too. I want to give you my perspective before we go into the official

economic analysis to add some context to this. And then when we wrap with Dr. Tom, I'm going to

provide my own predictions and what I think is going to happen moving forward as a result of all of the changes and the responses to the coronavirus pandemic.

My own personal bias has always been that the government that governs least is the one that governs best, that individuals are capable of making

their own decisions, that communities and families and local areas have the best data to make

decisions about how they are to be governed and how they are to move forward. A lot of that gets

thrown out the window when you're

faced with something like a pandemic because there are major implications to policy that may

need to be utilized in order to protect the overall public. Of course, on a micro level, I think

individuals can protect themselves better than governments can. But on a macro level, when it comes to war or pandemics, you have a case for government. You have a need

for some sort of policy. And so my brain was kind of thrown around in a cage to try and make sense of what is the best way to respond

to something like this? And most importantly, what is this mean for families? What does this

mean for individuals? And then for us, what does that mean for entrepreneurs? What's our

responsibility in all of this? And at the same time, because of the shutdown, because you in some way had to respond swiftly to the pandemic,

you have this forced economic slowdown.

And what role does the government have when they force a slowdown? It's kind of like the government

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