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#325 - Joseph Gulesserian (The Practical M.B.A. on Economics: What They Do & Don’t Teach You at Business School)
Manage episode 447979527 series 3426371
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Welcome to another enlightening episode of the Million Dollar Stories Podcast, hosted by Mike Fallat. Today, we’re delving into the world of economics and the truths—and myths—behind what’s really driving our global financial system. Joining us is Joseph Gulesserian, an expert in economics and the author of "The Practical M.B.A. on Economics: What They Do & Don’t Teach You at Business School." This book is both a wake-up call and a crash course in understanding the economic forces shaping our world today.
In "The Practical M.B.A. on Economics," Joseph unpacks the topics you won’t find in typical business school lectures. From the intricate cycles of inflation to the legacy of economic giants like Adam Smith and Milton Friedman, Joseph sheds light on the economic “house of cards” that many argue we are currently living in. Have central banks built an unsustainable cycle of money printing, or are they the pillars of modern stability? Joseph’s book explores questions like these, drawing connections between history and the challenges of today, such as escalating living costs, wealth divides, and the changing role of the U.S. dollar.
Joseph doesn’t just bring theory; he weaves compelling anecdotes and real-world events that make these complex ideas accessible and engaging. This episode will take you through the thrills and spills of economic history—stock market crashes, debt defaults, and the powerful impact of mercantilism.
If you’ve ever wondered how inflation impacts your day-to-day life or questioned the sustainability of our financial system, this episode is a must-listen. Buckle up and get ready for a fast-paced journey through the real drivers of the global economy, brought to life with Joseph Gulesserian’s insights, wit, and the kind of hard truths that every aspiring entrepreneur needs to hear. Let’s dive in!
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