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How Deep State Economics is Affecting People Globally: Insights from Rose and Milton Friedman Fellows

April 23, 2023 by Michael J Penney

The world of economics can often feel daunting and difficult to navigate, but it is important to understand the impact that it has on our lives. As people, it is especially important to understand how economic policies can affect us, and unfortunately, the reality is that deep state economics has a significant impact on people globally.


Deep state economics is a term used to describe economic policies that are implemented by powerful individuals or institutions without regard for the well-being of the general population. These policies often benefit a small group of people at the expense of the larger population, and people are often disproportionately affected by them.


So, how does deep state economics impact people globally? The answer lies in the policies that are put in place. For example, austerity measures that are implemented in times of economic crisis often result in cuts to social services such as healthcare and education, which can have a significant impact on people who rely on these services. In addition, privatization of public goods can result in people losing access to essential services such as water and electricity.


To gain a deeper understanding of this issue, it is important to look at the insights of economists who have studied the impact of deep state economics on people. Three such economists are Rose and Milton Friedman Fellows at the Hoover Institution, a public policy think tank based in California.

Firstly, Lee Ohanian, a senior fellow at the Hoover Institution, has written extensively on the negative impact of deep state economics on people. He argues that policies that prioritize the interests of the wealthy over the well-being of the general population have a disproportionate impact on people, as they are often the ones who rely on social services that are cut during times of economic crisis.

Secondly, John Cochrane, also a senior fellow at the Hoover Institution, has studied the impact of deep state economics on healthcare, which is an essential service for people. He argues that policies that prioritize the interests of corporations over the well-being of the general population can result in people losing access to essential healthcare services.

Finally, Jennifer Burns, a research fellow at the Hoover Institution, has written extensively on the impact of deep state economics on education. She argues that policies that prioritize the interests of corporations over the well-being of the general population can result in cuts to education funding, which can have a significant impact on people who rely on education to improve their economic prospects.


It is clear that deep state economics has a significant impact on people globally, and it is important that we become more informed about this issue. By understanding the insights of economists such as Lee Ohanian, John Cochrane, and Jennifer Burns, we can work towards creating more equitable economic policies that prioritize the well-being of all individuals, regardless of gender.

References:
Ohanian, L. (2015). What’s really behind the attack on public unions. Hoover Institution. Retrieved from https://www.hoover.org/research/whats-really-behind-attack-public-unions.

Cochrane, J. (2016). Health care policy in the era of Obamacare. Hoover Institution. Retrieved from https://www.hoover.org/research/health-care-policy-era-obamacare.

Burns, J. (2016). Why is college so expensive? Hoover Institution. Retrieved from https://www.hoover.org/research/why-college-so-expensive.

Economy: girl at computer smiling, words on grey board behind her, a graph and a piechart is drawn – Michael J. Penney

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Entertain, Educate, Empower, LEADERS

Michael J. Penney is a well-known business coach, consultant, and speaker who specializes in leadership development, strategic planning, and team building. He is the founder of 5Paragraph.com, which provides training, coaching, and consulting services to help individuals and organizations achieve their goals. Michael has worked with a variety of clients, including Fortune 500 companies, small-medium businesses, and non-profit organizations, and has been featured in numerous media outlets including TEDxRaleigh, SHIFT Advanced Life Design Magazine and, on numerous media interviews. Michael is a contributing author for books, columns, and online media. He is also the author of several books on leadership and personal development.

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