About this podcast
Economics is everywhere...if only you choose to see it. Join the FEEcast team every Friday for a lively recap of the week's important stories to give you the meaning behind the headlines.
Featuring Richard Lorenc, Brittany Hunter, Dan Sanchez and Marianne March
Produced by Sean W. Malone, Pavel Rusakov, and Jaye Davidson
When Adults Tattle on Child Entrepreneurs
June 29, 2018
A lady the internet has dubbed “Permit Patty” recently called the police to report an 8-year-old entrepreneur for selling water bottles without a permit. Why do so many have such a deeply ingrained permission-based mindset and predilection to tattletale? Is it inculcated in school? The FEEcasters recount some of their own childhood experiences as renegade entrepreneurs. Our permission culture creates many barriers to entry that keep industries stagnant and entry-level workers and entrepreneurs poor. The FEEcast crew discuss many types of entry barriers, from minimum wages to internet sales taxes, plus a recent significant Supreme Court decision on labor unions and worker rights.