AntonyDavies

The question, “How much do Americans earn?” seems simple. But there are so many moving parts below the surface that there is no single answer. For example, by “earn” do we mean “money from a job” or are we including interest income. What about Social Security retirement benefits? What about government welfare benefits? When we say “Americans” do we mean individual workers, or families, or households? When we say “How much” do we mean the average number or the median? Foolishness of the week: 02:43 Main episode: 06:00 Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com See More Ant and James! http://www.wordsandnumbers.org Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Apply for the Seminar on Classical Liberalism: Theory and Practice https://www.wabash.edu/stephenson-institute/summer-seminars Quick Hits https://globalnews.ca/news/9642634/psac-stike-remote-work/ https://www.dw.com/en/german-editor-fired-over-ai-created-schumacher-interview/a-65405192 Foolishness of the Week https://www.cnn.com/2023/04/21/opinions/income-tax-wealthy-hodge/index.html Episode Topic (Numbers are for 2021) Personal income: Income earned by all people from all sources Median personal income: $38,000 Mean personal income: $57,000 Usual Full-Time Earnings: Wages and salaries earned by workers who are employed full-time Median usual earnings: $56,000 Family income: Income earned from all sources by households of two or more related people Median family income: $89,000 Mean family income: $121,000 Household income: Income earned from all sources by households of one or more people Median household income: $71,000 Market income: Household income earned from market activities only Median market Income: $64,000 Per-capita GDP: All the income generated in the economy divided by the population Per-capita GDP: $70,000 https://www.census.gov/data/tables/time-series/demo/families/households.html https://fred.stlouisfed.org/series/MEPAINUSA672N Words & Numbers Backstage https://www.facebook.com/groups/130029457649243/ More James at Smoke & Stories https://www.youtube.com/playlist?list=PLjILow4-ZJpBV-NnmSusZJ_vCuzKUJ4Ig More Ant on YouTube https://www.youtube.com/antonydavies Let Us Know What You Think mailto:wordsandnumberspodcast@gmail.com Antony Davies on Twitter https://twitter.com/antonydavies James R. Harrigan on Twitter https://twitter.com/JamesRHarrigan #AntonyDavies #JamesRHarrigan #WordsAndNumbers #economics #government #politics #policy #libertarian #classicalliberal #podcast #educational

Episode 321: Space and Property As humans venture out into space - not just under the auspices of government, but now as private citizens - establishing and adjudicating property rights will become ever more important. The treaty under which countries operate was signed back in the 1960s. It says that government may not lay claim to anything beyond Earth, but is completely silent about private citizens. Foolishness of the week: 07:08 Main episode: 09:51 Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com See More Ant and James! http://www.wordsandnumbers.org Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Apply for the Seminar on Classical Liberalism: Theory and Practice https://www.wabash.edu/stephenson-institute/summer-seminars Quick Hits https://calmatters.org/transportation/2023/03/california-high-speed-rail/ https://youtu.be/iJOb9xHggS4?t=447 https://dnyuz.com/2023/03/09/with-its-future-at-stake-the-academy-tries-to-fix-the-oscars-again/ Foolishness of the Week https://www.amazon.com/Winning-Moves-Games-Classic-Ouija/dp/B00EFDXAB4/ https://www.the-sun.com/news/7574259/girls-hospital-ouija-board-school/ Episode Topic https://news.usni.org/2023/03/09/chinese-rocket-that-delivered-military-spy-satellites-breaks-up-over-texas https://news.yahoo.com/war-space-u-officials-debating-120515128.html Words & Numbers Backstage https://www.facebook.com/groups/130029457649243/ More James at Smoke & Stories https://www.youtube.com/playlist?list=PLjILow4-ZJpBV-NnmSusZJ_vCuzKUJ4Ig More Ant on YouTube https://www.youtube.com/antonydavies Let Us Know What You Think mailto:wordsandnumberspodcast@gmail.com Antony Davies on Twitter https://twitter.com/antonydavies James R. Harrigan on Twitter https://twitter.com/JamesRHarrigan #AntonyDavies #JamesRHarrigan #WordsAndNumbers #economics #government #politics #policy #libertarian #classicalliberal

Foolishness of the week: 12:19 Main episode: 16:54 People’s view of the past is biased because we tend to forget the bad things. The (inexplicable to an economist) tendency of young people to think that like in the 1950s was better than life today is one example. This week, we talk about this tendency to nostalgia and how it shows up in pop-culture. Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com See More Ant and James! http://www.wordsandnumbers.org Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Apply for the Seminar on Classical Liberalism: Theory and Practice https://www.wabash.edu/stephenson-institute/summer-seminars Quick Hits Foolishness of the Week Episode Topic https://theimaginativeconservative.org/2016/12/balkanization-boutique-world-james-harrigan.html https://isi.org/intercollegiate-review/truth-justice-and-the-american-way/ https://thecurioustask.podbean.com/e/ep-123-james-harrigan-what-does-pop-culture-say-about-a-society/ Words & Numbers Backstage https://www.facebook.com/groups/130029457649243/ More James at Smoke & Stories https://www.youtube.com/playlist?list=PLjILow4-ZJpBV-NnmSusZJ_vCuzKUJ4Ig More Ant on YouTube https://www.youtube.com/antonydavies Let Us Know What You Think mailto:wordsandnumberspodcast@gmail.com Antony Davies on Twitter https://twitter.com/antonydavies James R. Harrigan on Twitter https://twitter.com/JamesRHarrigan #AntonyDavies #JamesRHarrigan #WordsAndNumbers #economics #government #politics #policy #libertarian #classicalliberal

Words and Numbers is a weekly half-hour podcast that explores current events through the eyes of an economist and political scientist. The show is an alternative to the shouting heads that occupy most public discussions. We follow evidence and reason where they lead for a non-partisan and entertaining approach to topics relating to politics, economics, and government. More James and Ant https://wordsandnumbers.org No, it's not an urban legend https://www.bbc.com/news/world-latin-america-52151951

Foolishness of the week: 07:11 Main episode: 11:20 Economic historian Phil Magness joins us to talk about how the popular 1619 Project gets both the history and the relationship between slavery and capitalism wrong. This is the second of a two-part episode. Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com See More Ant and James! http://www.wordsandnumbers.org Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Apply for the Seminar on Classical Liberalism: Theory and Practice https://www.wabash.edu/stephenson-institute/summer-seminars Quick Hits https://www.cleveland.com/business/2016/05/its_shockingly_easy_for_a_thie.html https://www.wsj.com/articles/tesla-cuts-prices-of-model-x-and-model-s-1898bc5d https://www.google.com/search?client=opera&q=tesla+stock+quote&sourceid=opera&ie=UTF-8&oe=UTF-8 Foolishness of the Week https://reason.com/2023/02/27/new-yorks-message-to-gun-owners-you-can-have-a-carry-permit-good-luck-using-it/ Episode Topic Phil Magness https://www.aier.org/people/phillip-w-magness/ https://www.amazon.com/1619-Project-Critique-Phillip-Magness/dp/1630692018 https://www.wsj.com/articles/the-1619-project-vindicates-capitalism-hulu-systemic-racism-jim-crow-reparations-fha-labor-union-civil-rights-d9365c71 Words & Numbers Backstage https://www.facebook.com/groups/130029457649243/ More James at Smoke & Stories https://www.youtube.com/playlist?list=PLjILow4-ZJpBV-NnmSusZJ_vCuzKUJ4Ig More Ant on YouTube https://www.youtube.com/antonydavies Let Us Know What You Think mailto:wordsandnumberspodcast@gmail.com Antony Davies on Twitter https://twitter.com/antonydavies James R. Harrigan on Twitter https://twitter.com/JamesRHarrigan #AntonyDavies #JamesRHarrigan #WordsAndNumbers #economics #government #politics #policy #libertarian #classicalliberal

Foolishness of the Week: 06:19 Main episode: 07:37 As recently as two months ago, many economists were concerned that significant inflation was here to stay. But last month’s data show that inflation is back near zero. Whether this is good news or simply a brief respite, we won’t know for another few months. Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com See More Ant and James! http://www.wordsandnumbers.org Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Apply for the Seminar on Classical Liberalism: Theory and Practice https://www.wabash.edu/stephenson-institute/summer-seminars James and Ant are at Basis Scottsdale this week https://nypost.com/2023/02/14/scientists-switch-off-autism-using-3-epilepsy-drug-study/ Foolishness of the Week https://www.msn.com/en-us/news/us/born-in-2007-or-later-this-california-bill-would-bar-you-from-ever-buying-a-tobacco-product/ar-AA17D9gp Words & Numbers Backstage https://www.facebook.com/groups/130029457649243/ More James at Smoke & Stories https://www.youtube.com/playlist?list=PLjILow4-ZJpBV-NnmSusZJ_vCuzKUJ4Ig More Ant on YouTube https://www.youtube.com/antonydavies Let Us Know What You Think mailto:wordsandnumberspodcast@gmail.com Antony Davies on Twitter https://twitter.com/antonydavies James R. Harrigan on Twitter https://twitter.com/JamesRHarrigan #AntonyDavies #JamesRHarrigan #WordsAndNumbers #economics #government #politics #policy #libertarian #classicalliberal

Antony Davies, an MMT detractor, discusses Modern Monetary Theory with Sitch and Adam, two MMT supporters.

Dr. Samuel Gregg joins us to talk about his latest book, The Next American Economy, in which he describes emerging problems and potential solutions to America’s slow movement away from freedom. Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com See More Ant and James! http://www.wordsandnumbers.org Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Apply for the Seminar on Classical Liberalism: Theory and Practice https://www.wabash.edu/stephenson-institute/summer-seminars Quick Hits https://www.smithsonianmag.com/smart-news/artificial-intelligence-identifies-long-overlooked-raphael-masterpiece-180981528/ https://news.gallup.com/poll/468983/cite-gov-top-problem-inflation-ranks-second.aspx Foolishness of the Week https://www.vice.com/en/article/xgyb4k/ohio-nazi-dissident-homeschool This Week’s TopicSamuel Gregg on Twitter: @drsamuelgregg The Next American Economyhttps://www.amazon.com/Next-American-Economy-Markets-Uncertain/dp/164177276X Join the Conversation Words & Numbers Backstage https://www.facebook.com/groups/130029457649243/ More James at Smoke & Stories https://www.youtube.com/playlist?list=PLjILow4-ZJpBV-NnmSusZJ_vCuzKUJ4Ig More Ant on YouTube https://www.youtube.com/antonydavies Let Us Know What You Think mailto:wordsandnumberspodcast@gmail.com Antony Davies on Twitter https://twitter.com/antonydavies James R. Harrigan on Twitter https://twitter.com/JamesRHarrigan

A year ago, Mikhail Rasner joined us to talk about shortages and supply chains. A year later, he’s back to talk about what’s happened, both expected and unexpected, and where he sees the economy going in the near future. Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com See More Ant and James! http://www.wordsandnumbers.org Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Apply for the Seminar on Classical Liberalism: Theory and Practice https://www.wabash.edu/stephenson-institute/summer-seminars Quick Hits https://www.goodnewsnetwork.org/once-biologically-dead-the-river-mersey-in-england-is-best-environmental-story-in-europe/ https://www.goodnewsnetwork.org/earth-talk-how-effective-is-endangered-species-act/ https://www.vice.com/en/article/xgyje7/earths-core-has-stopped-and-may-be-reversing-direction-study-says Foolishness of the Week https://www.cnbc.com/2023/01/21/china-says-covid-outbreak-has-infected-80percent-of-population.html https://www.dailymail.co.uk/news/article-11667115/Protesters-swarm-Justice-Kavanaughs-home-50th-anniversary-Roe-v-Wade.html Mikhail’s Previous Episodehttps://wordsandnumbers.libsyn.com/episode-256-an-insiders-view-of-the-supply-chain Join the Conversation Words & Numbers Backstage https://www.facebook.com/groups/130029457649243/ More James at Smoke & Stories https://www.youtube.com/playlist?list=PLjILow4-ZJpBV-NnmSusZJ_vCuzKUJ4Ig More Ant on YouTube https://www.youtube.com/antonydavies Let Us Know What You Think mailto:wordsandnumberspodcast@gmail.com Antony Davies on Twitter https://twitter.com/antonydavies James R. Harrigan on Twitter https://twitter.com/JamesRHarrigan

C-SPAN's Washington Journal interviews James and Ant about the Words & Numbers podcast.

For more Ant and James, go to https://wordsandnumbers.org

The good people at Students for Liberty looked up the most googled questions about economics, and here they are.

This week, we answer listener questions about unfunded liabilities, different types of rights, what would happen if the Supreme Court overturned the broad interpretation of the commerce clause, and statistical versus practical significance Get Your Copy of Cooperation and Coercion Now!http://www.cooperationandcoercion.com See More Ant and James!http://www.wordsandnumbers.org Show Your Support for Words & Numbers at Patreonhttps://www.patreon.com/wordsandnumbers Apply for the Seminar on Classical Liberalism: Theory and Practicehttps://www.wabash.edu/stephenson-institute/summer-seminars Quick Hits https://www.ocregister.com/2023/01/09/us-safety-agency-to-consider-ban-on-gas-stoves-amid-health-fears/ https://www.enerdynamics.com/Energy-Currents_Blog/How-Much-Primary-Energy-Is-Wasted-Before-Consumers-See-Value-from-Electricity.aspx https://dailycaller.com/2023/01/06/university-michigan-diversicrats-year-diversity-equity-inclusion/ Foolishness of the Week https://thepostmillennial.com/historically-debunked-1619-project-to-be-released-as-hulu-docuseries Join the Conversation Words & Numbers Backstagehttps://www.facebook.com/groups/130029457649243/ More James at Smoke & Storieshttps://www.youtube.com/playlist?list=PLjILow4-ZJpBV-NnmSusZJ_vCuzKUJ4Ig More Ant on YouTubehttps://www.youtube.com/antonydavies Let Us Know What You Thinkmailto:wordsandnumberspodcast@gmail.com Antony Davies on Twitterhttps://twitter.com/antonydavies James R. Harrigan on Twitterhttps://twitter.com/JamesRHarrigan

Pope Francis devoted his Christmas homily to speaking out about the evils of pursuing wealth. This week, James and Ant share their different takes on the topic. Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com See More Ant and James! http://www.wordsandnumbers.org Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Apply for the Seminar on Classical Liberalism: Theory and Practice https://www.wabash.edu/stephenson-institute/summer-seminars Quick Hits https://finance.yahoo.com/news/people-skipped-covid-vaccine-higher-183148392.html https://www.nbcnews.com/health/health-news/weight-loss-drug-affordability-rcna60422 Foolishness of the Week https://www.npr.org/2022/12/30/1146377342/5-things-to-know-about-southwests-disastrous-meltdown Join the Conversation Words & Numbers Backstage https://www.facebook.com/groups/130029457649243/ More James at Smoke & Storieshttps://www.youtube.com/playlist?list=PLjILow4-ZJpBV-NnmSusZJ_vCuzKUJ4Ig More Ant on YouTubehttps://www.youtube.com/antonydavies Let Us Know What You Think mailto:wordsandnumberspodcast@gmail.com Antony Davies on Twitter https://twitter.com/antonydavies James R. Harrigan on Twitterhttps://twitter.com/JamesRHarrigan

To see more videos like this, subscribe to Matthew Rousu's channel: https://www.youtube.com/c/MatthewRousu

The good people at Students for Liberty looked up the most googled questions about economics, and here they are.

Listener questions this week include: What are the benefits of central banking? Is it time for the states to have an amicable divorce? What would it take to reduce the size of the federal government? What’s the difference between private and public companies? Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com See More Ant and James! http://www.wordsandnumbers.org Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Apply for the Seminar on Classical Liberalism: Theory and Practice https://www.wabash.edu/stephenson-institute/summer-seminars Quick Hits https://www.tdi.texas.gov/pubs/consumer/cb040.html https://www.bls.gov/oes/current/oes_tx.htm#35-0000 https://ktrh.iheart.com/featured/houston-texas-news/content/2022-12-22-fully-automated-mcdonalds-here-in-texas-sparks-debate/ Join the Conversation Words & Numbers Backstage https://www.facebook.com/groups/130029457649243/ More James at Smoke & Storieshttps://www.youtube.com/playlist?list=PLjILow4-ZJpBV-NnmSusZJ_vCuzKUJ4Ig More Ant on YouTubehttps://www.youtube.com/antonydavies Let Us Know What You Think mailto:wordsandnumberspodcast@gmail.com Antony Davies on Twitter https://twitter.com/antonydavies James R. Harrigan on Twitterhttps://twitter.com/JamesRHarrigan

This is an interview Ant gave with Good Morning Liberty at the International Students for Liberty Conference, October 2022

This week, listeners ask whether it’s right to think of contagion as pollution, and if so, whether government has a role in containing contagion, why are we so litigious, and how we can say anything about socialism or capitalism if neither one has ever existed in a pure form. Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com See More Ant and James! http://www.wordsandnumbers.org Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Apply for the Seminar on Classical Liberalism: Theory and Practice https://www.wabash.edu/stephenson-institute/summer-seminars Quick Hits https://www.apartmenttherapy.com/spain-digital-nomad-visa-37201509 Join the Conversation Words & Numbers Backstage https://www.facebook.com/groups/130029457649243/ More James at Smoke & Storieshttps://www.youtube.com/playlist?list=PLjILow4-ZJpBV-NnmSusZJ_vCuzKUJ4Ig More Ant on YouTubehttps://www.youtube.com/antonydavies Let Us Know What You Think mailto:wordsandnumberspodcast@gmail.com Antony Davies on Twitter https://twitter.com/antonydavies James R. Harrigan on Twitterhttps://twitter.com/JamesRHarrigan

The economics department at Truman State is a hidden gem. The students there are well-prepared, well-informed, and inquisitive. James and Ant have been there often in-person. This video is a remote Q&A we did with a small group of students in October of 2022.

Over the past century, three constraints on the federal government have failed. When we started ignoring Constitutional constraints, we opened the door to massive increases in federal spending. When voters started asking politicians for more “free” stuff, we walked through the door. And when we went off the gold standard politicians were able to strong-arm the Federal Reserve into funding the massive spending. What transpired was unsustainable spending, which created unsustainable debt, which required money printing, which is causing inflation. Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com See More Ant and James! http://www.wordsandnumbers.org Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Quick Hits https://www.creativebloq.com/news/kia-logo https://www.industryweek.com/the-economy/trade/article/21949510/bite-the-wax-tadpole https://www.msn.com/en-us/news/us/u-s-to-announce-fusion-energy-breakthrough/ar-AA15ahiG Foolishness of the Week https://www.mediaite.com/politics/marjorie-taylor-greene-makes-shocking-comments-about-armed-jan-6-if-i-organized-it-we-would-have-won/ Join the Conversation Words & Numbers Backstage https://www.facebook.com/groups/130029457649243/ More James at Smoke & Storieshttps://www.youtube.com/playlist?list=PLjILow4-ZJpBV-NnmSusZJ_vCuzKUJ4Ig More Ant on YouTubehttps://www.youtube.com/antonydavies Let Us Know What You Think mailto:wordsandnumberspodcast@gmail.com Antony Davies on Twitter https://twitter.com/antonydavies James R. Harrigan on Twitterhttps://twitter.com/JamesRHarrigan

Over the past century, three constraints on the federal government have failed. When we started ignoring Constitutional constraints, we opened the door to massive increases in federal spending. When voters started asking politicians for more “free” stuff, we walked through the door. And when we went off the gold standard politicians were able to strong-arm the Federal Reserve into funding the massive spending. What transpired was unsustainable spending, which created unsustainable debt, which required money printing, which is causing inflation. Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com See More Ant and James! http://www.wordsandnumbers.org Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Quick Hits https://www.creativebloq.com/news/kia-logo https://www.industryweek.com/the-economy/trade/article/21949510/bite-the-wax-tadpole https://www.msn.com/en-us/news/us/u-s-to-announce-fusion-energy-breakthrough/ar-AA15ahiG Foolishness of the Week https://www.mediaite.com/politics/marjorie-taylor-greene-makes-shocking-comments-about-armed-jan-6-if-i-organized-it-we-would-have-won/ Join the Conversation Words & Numbers Backstage https://www.facebook.com/groups/130029457649243/ More James at Smoke & Storieshttps://www.youtube.com/playlist?list=PLjILow4-ZJpBV-NnmSusZJ_vCuzKUJ4Ig More Ant on YouTubehttps://www.youtube.com/antonydavies Let Us Know What You Think mailto:wordsandnumberspodcast@gmail.com Antony Davies on Twitter https://twitter.com/antonydavies James R. Harrigan on Twitterhttps://twitter.com/JamesRHarrigan

For more stuff like this, check out https://www.wordsandnumbers.org.

For more stuff like this, check out https://www.wordsandnumbers.org.

For more stuff like this, check out https://www.wordsandnumbers.org.