Economic Impact is a weekly discussion and review of economic issues and topics at the national, state and local levels. There is a particular emphasis on items affecting the Louisville metro area and the Commonwealth of Kentucky. The perspectives offered will be those from "heterodox economics." Heterodox economics, as opposed to orthodox or mainstream economics or "neoclassical" economics, is more eclectic in its approach to economics and allows pluralism of views and concepts. It also harkens back to when economics and political science were pretty much joined together in one discipline called political economy. Today's economists do not like the term "political economy", but Tom thinks they miss a lot by assuming that markets exist in a vacuum and that all consumers/people are either nearly perfectly rational or completely rational.

Professor Lambert is in the Economics department at UofL and has recently been assigned to their equine industry programs as an applied economist. Prior to UofL, he taught full time for Northern Kentucky University in their Master of Public Administration program for several years. Before that he was with the economics department at IU Southeast for many years. Professor Lambert has a MS in economics from UK and a PhD in Urban and Public Affairs from UofL with a concentration in urban economics and economic development.

Economic Impact airs on Forward Radio WFMP Louisville 106.5fm and forwardradio.org on Mondays at 6am, and Tuesdays at 11am and 5 pm.

Economic Impact

A talk with African American entrepreneur and financial planner and adviser Jimmy Ray of Jimmy Ray Financial Services.  We discuss the challenges and opportunities of self-employment as well as the differences between small and big business and national corporations versus small, local businesses.  Small, local businesses are interested in their communities and getting to know their customers.......probably more so than their larger rivals.  A little more about Jimmy Ray........

Jimmy Ray is an esteemed professional with more than 15 years experience working in the sales and service industry. Jimmy is most recognized for his career in the financial services industry, where he started as a personal life insurance agent before gaining experience in banking, investments and ultimately becoming a financial advisor. Over the years, Jimmy Ray provided financial coaching, advice and guidance to over 3,000 people, working for some of the biggest names in the industry and has built a reputation for fiduciary excellence by demonstrating his commitment towards putting the needs of others above all else. 

Currently Jimmy Ray is building out his own independent advisory practice, 'Jimmy Ray Financial' in partnership with CORE Planning; a move inspired by Jimmy's passion for providing equitable access to high end financial planning services, investment options, and tax strategies. 

When not helping others win with their money, you can find Jimmy enjoying time with his family or engaging in volunteerism. Jimmy Ray is also a resourceful traveler, having visited nearly every state in the country except Alaska before the age of 35.

Learn more about Jimmy Ray by visiting: Jimmy Ray at CORE Planning,
and
Calendar Link/Book an appointment - https://calendly.com/jimmyrayfinancial
LinkedIn Profile - https://www.linkedin.com/in/jimmyray3/

Economic Impact | Episode 26 | Jimmy Ray of Jimmy Ray Financial Services | 2-12-24

A talk with Antoine Terry who is the founder of Unite 502 of Louisville on how his organization helps to develop entrepreneurship, civic engagement, community development, and networking opportunities for men of color in the Louisville area.  This is a fascinating discussion on the challenges and opportunities of increasing diversity in local business ownership and opportunities.  A little more about Unite 502 is below, and their website is https://www.unite502.com/ .
 
Unite 502.........

About Us

OUR MISSION- Create space for black and brown professionals and entrepreneurs to gather. Where they can grow both professionally and personally. Leading to greater economic sustainability.  

​OUR VISION- Have the diversity in our community reflected in all levels of leadership across our community. 

Unite 502 is building a commUNITY of leaders for men of color in the Louisville, KY area. 

As you move up in your profession, be it corporate, civic, nonprofit, or academic, you'll find the spaces you occupy become less and less diverse, especially for men of color. It can be difficult to find someone who can relate to your experience or help you navigate those spaces. 

That's where Unite 502 comes in. We provide our members with a community of like-minded professionals who can relate to your experience as well as provide you with guidance on how to navigate those spaces. We are a mix of community leaders, entrepreneurs, and business leaders who share our expertise in leadership, wealth creation, maintaining your mental and physical health, as well keeping a healthy marriage and family life. 

So whether you're new to the Louisville area or born and raised here, come join us in Uniting Our City!

Economic Impact | Episode 27 | Antoine Terry of Unite 502

A talk with David Melton who is an advocate for Kentucky state employee pension reform.  He discusses what has gone wrong with the pension system this century and how chronically underfunded it is.  Please listen to this interesting and informative discussion.
NOTE: In this audio, a PowerPoint Presentation is discussed.  Unfortunately I am unable to post it here on SoundCloud.com, but please write me at lambertthomas@hotmail.com, and I can send you a copy.  Thanks!

Economic Impact | Episode 28 | David Melton | Ky State Pension Problems | 4-15-24

A discussion of local economic development incentives currently being offered by Metro Louisville Government.  Do economic development incentives work?  Tune in please to learn more.

Economic Impact | Episode 29 | Local Economic Development Incentives

Continued from Episode 29.............more on Louisville's local economic development incentives.

Economic Impact | Episode 30 | More on Local Econ Development Incentives | 5-20-24

Forward Radio is independent, listener-sponsored, volunteer-powered, grassroots community radio WFMP-LP Louisville, Kentucky. We have been broadcasting at 106.5fm and live-streaming at forwardradio.org since April 9, 2017. Please donate at forwardradio.org to keep us on-air. It costs $20/day to keep this programming coming your way.