Episode 295: Must Government Control Money?
People - including some economists - are so used to governments establishing currencies that we are unaware that there are alternatives. Money is simply a tool that reduces the frictional costs of trading goods and services and of saving. Markets can evolve money in the same way that they evolve all manner of other solutions to even more complex problems. Prof. Lawrence H. White joins us this week to talk about alternatives to government-created currencies.
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Quick Hits
https://ojjdp.ojp.gov/publications/trends-in-youth-arrests.pdf
https://observer.com/2022/09/nft-trading-volume-plunges-97-since-january-raising-questions-about-their-future/
Foolishness of the Week
https://news.yahoo.com/us-home-prices-now-posting-040100770.html
Topic of the Week
https://www.amazon.com/Lawrence-H-White/e/B001HD35S8
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How to Deal With Hate Mail
The Internet can be a horrible place for discussing economics and politics as it is the electronic equivalent of every driver on a highway having road rage simultaneously. But it turns out that just a little politeness and understanding can transform the most dedicated hater into a reasonable person very quickly. This technique won't cause people to agree, but it will cause them to listen to each other.
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Bonus episode: The nature of money
This bonus episode is a lecture Ant gave as part of the high school program on government and economics that James and Ant give at high schools across the country.
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Episode 294: Article I, Section 8, Pt.2
Article I, Section 8 of the Constitution lists the things the Federal government is permitted to do. Somewhere in our history, citizens have come to regard the Constitution as a document that outlines what the government is not allowed to do. That’s exactly the opposite of what the Founders intended.
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Quick Hits
https://www.cnbc.com/2022/09/22/turkey-cuts-interest-rates-again-as-country-struggles-under-inflation.html
https://www.thelocal.es/20220923/spain-to-tax-rich-to-offset-inflation-relief-measures/
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1
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Great Depression Myth #1
Myth: The Great Depression began with the stock market crash of October 1929.
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Episode 293: Article I, Section 8
Article I, Section 8 of the Constitution lists the things the Federal government is permitted to do. Somewhere in our history, citizens have come to regard the Constitution as a document that outlines what the government is not allowed to do. That’s exactly the opposite of what the Founders intended.
Get Your Copy of Cooperation and Coercion Now!
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Quick Hits
https://www.guntab.com/insights/new-mcc-code-for-gun-stores-is-step-toward-suspicious-transaction-reports/
https://www-wtae-com.cdn.ampproject.org/v/s/www.wtae.com/amp/article/pennsylvania-alcohol-self-imposed-ban-proposed/41233874
https://www.usatoday.com/story/news/nation/2022/08/29/nasa-dart-crash-dart-asteroid-how-to-see/7926449001/
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James R. Harrigan on Twitterhttps://twitter.com/JamesRHarrigan
2
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Episode 293: Article I, Section 8
Article I, Section 8 of the Constitution lists the things the Federal government is permitted to do. Somewhere in our history, citizens have come to regard the Constitution as a document that outlines what the government is not allowed to do. That’s exactly the opposite of what the Founders intended.
Get Your Copy of Cooperation and Coercion Now!
http://www.cooperationandcoercion.com
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http://www.wordsandnumbers.org
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Quick Hits
https://www.guntab.com/insights/new-mcc-code-for-gun-stores-is-step-toward-suspicious-transaction-reports/
https://www-wtae-com.cdn.ampproject.org/v/s/www.wtae.com/amp/article/pennsylvania-alcohol-self-imposed-ban-proposed/41233874
https://www.usatoday.com/story/news/nation/2022/08/29/nasa-dart-crash-dart-asteroid-how-to-see/7926449001/
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James R. Harrigan on Twitterhttps://twitter.com/JamesRHarrigan
8
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A Tale of Two Realities Dr Antony Davies LIVE at FELC
The world we live in and the world we think we live in are two very different places. The disconnect comes from a profit-driven media, which seeks advertising dollars, advertisers who seek viewers, and we, the viewers, who are more excited to see bad news than good. In giving us the news we want to see, the media depicts a biased view of the world around us.
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Episode 292: When Are We Adults?
The “age of majority” is the age at which a person is considered, legally, an adult. Not only does the age of majority vary by state and over time, it also varies by activity. Someone who is considered an adult for the purpose of voting, may not be for the purpose of drinking. As only adults can exercise their freedoms fully, the question of what constitutes an adult goes to the heart of what it is to be a free person.
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Quick Hits
https://www.theguardian.com/us-news/2022/sep/10/guns-credit-card-trackable
Foolishness of the Week
https://www.cnsnews.com/article/washington/terence-p-jeffrey/americans-spent-more-taxes-2021-food-clothing-and-health-care
Topic of the Week
https://worldpopulationreview.com/state-rankings/age-of-majority-by-state
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11
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Episode 292: When Are We Adults?
The “age of majority” is the age at which a person is considered, legally, an adult. Not only does the age of majority vary by state and over time, it also varies by activity. Someone who is considered an adult for the purpose of voting, may not be for the purpose of drinking. As only adults can exercise their freedoms fully, the question of what constitutes an adult goes to the heart of what it is to be a free person.
Words & Numbers Website
https://www.wordsandnumbers.org
Get Your Copy of Cooperation and Coercion Now!
http://www.cooperationandcoercion.com
See More Ant and James!
http://www.wordsandnumbers.org
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Quick Hits
https://www.theguardian.com/us-news/2022/sep/10/guns-credit-card-trackable
Foolishness of the Week
https://www.cnsnews.com/article/washington/terence-p-jeffrey/americans-spent-more-taxes-2021-food-clothing-and-health-care
Topic of the Week
https://worldpopulationreview.com/state-rankings/age-of-majority-by-state
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James R. Harrigan on Twitterhttps://twitter.com/JamesRHarrigan
4
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Episode 290: Loan Forgiveness and Lying to Pollsters
We discuss two topics in-depth this week: student loan forgiveness and lying to pollsters. There’s an interesting technique for distinguishing between what voters say they believe and what they actually believe, and there’s a recent poll that uses this technique in asking people about their attitudes toward controversial topics.
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Quick Hits
https://reason.com/2022/08/29/what-americans-think-about-marijuana-in-2022/
Foolishness of the Week
https://reason.com/2022/08/25/ben-shapiro-podcast-movement-harm-done-twitter/
Topic of the Week
https://static1.squarespace.com/static/59153bc0e6f2e109b2a85cbc/t/62fd07b49271c657d243505d/1660749762686/
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James R. Harrigan on Twitterhttps://twitter.com/JamesRHarrigan
5
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Episode 289: Woke-ism and Movies
Today’s woke-ism evolved from political correctness of the 1990s. While people have embraced many lessons about inclusion and empathy from the era of political correctness, people appear to be rejecting the woke-ism that tries to insinuate itself into popular culture. Post-covid movies provide a good example. Elite critics are applauding, and audiences are largely rejecting movies that use entertainment to teach woke-ism. Meanwhile, audiences are handing their dollars to movie makers (woke or otherwise) who entertain.
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Quick Hits
https://www.cato.org/blog/senate-bill-irs-funding-hypocrisy
https://nypost.com/2022/08/03/why-irs-80b-expansion-is-a-nightmare-for-small-business/
https://apnews.com/article/inflation-ap-fact-check-congress-government-and-politics-11eae023a3dc3a04584371843234cab7
https://deadline.com/2022/08/cnn-firings-brian-stelter-chris-licht-john-malone-warner-bros-discovery-1235096292/
https://www.thewrap.com/don-lemon-jim-acosta-expected-to-stay-cnn-neutral-direction-exclusive/ Foolishness of the Week
https://apnews.com/article/nato-covid-health-finland-helsinki-bb9704d5663b68766fcd2376335a29c4
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James R. Harrigan on Twitterhttps://twitter.com/JamesRHarrigan
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Episode 288: What's a Recession?
Maybe we’re in a recession, but maybe we’re not. This week, we talk about what a recession is and what it means, practically, for people.
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Quick Hitshttps://www.nytimes.com/2022/06/30/us/columbia-us-news-rankings.html https://www.bostonmagazine.com/news/2014/08/26/how-northeastern-gamed-the-college-rankings/ https://www.msn.com/en-us/news/politics/liz-cheney-s-political-life-is-likely-ending-and-just-beginning/ar-AA10FNr7 https://theweek.com/liz-cheney/1015866/inside-the-liz-cheney-presidential-run-speculation https://finance.yahoo.com/news/spaghetti-sauce-under-threat-water-124539175.html
Foolishness of the Weekhttps://reason.com/2022/08/14/spain-bans-a-c-below-80-degrees-during-record-setting-summer-heat/
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James R. Harrigan on Twitterhttps://twitter.com/JamesRHarrigan
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Episode 287: Secession: Good for me but not for thee?
The Founders gave strong philosophical arguments for why secession from Great Britain was right and proper. Yet, when the Confederacy tried to secede from the Union, philosophical arguments against secession were few. Clearly, ending slavery was right and proper. And, the question of secession was, practically speaking, answered with the eradication of slavery. But the question of whether it is right and proper for states to secede remains, at least from a philosophical perspective, unaddressed.
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Quick Hitshttps://theaviationgeekclub.com/heres-why-producing-thousand-gallons-of-jp-7-fuel-used-in-the-sr-71-blackbird-mach-3-spy-plane-caused-a-nationwide-shortage-of-flit-insecticide/
https://www.fastcompany.com/90775427/amazon-grandma-alexa-evolution-text-to-speech
https://www.newyorker.com/magazine/2022/08/15/inside-the-war-between-trump-and-his-generals
Foolishness of the Week
https://www.kiplinger.com/taxes/602142/tax-on-mega-millions-jackpot
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6
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