AntonyDavies

Part of the reason we make little progress on this topic of guns in this country is that the pro- and anti-gun camps talk past each other. This is fueled by a media that tends to show only one side of the story, causing both sides in the debate to become paranoid - one side comes to think that half the country is looking to disarm them, and the other side comes to think that half the country is blind to gun violence. A recent shooting gives us the opportunity to think about the topic from a more balanced perspective. Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Quick Hits and Foolishness of the Weekhttps://abcnews.go.com/US/video/biden-tests-positive-covid-19-paxlovid-87762070 Foolishness of the Week https://www.yahoo.com/entertainment/beyonce-offensive-lyric-ableist-slur-spaz-170000669.html Topic of the Week https://www.reuters.com/legal/government/indiana-passer-by-hailed-after-shooting-mall-gunman-2022-07-18/ 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

Oddly, there’s not a lot in the news this week. Given what we’ve all been through the past couple of years, that’s likely a good thing. This week, we sit back and take a casual look at inflation, economic growth, entrepreneurs, standardization, and the gig economy. Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Quick Hits and Foolishness of the Weekhttps://fred.stlouisfed.org/series/GASREGW https://gasprices.aaa.com https://www.msn.com/en-us/news/us/ice-cream-trucks-are-the-latest-target-of-inflation/ar-AAZYTxK Foolishness of the Week https://en.wikipedia.org/wiki/Lenny_Bruce#Death_and_posthumous_pardon https://www.npr.org/2022/07/21/1112722821/dave-chappelle-minneapolis-show-canceled Topic of the Week https://www.usacarry.com/40-yards-elisjsha-dicken-landed-shots-mall-shooter/ https://www.cnn.com/2022/07/19/us/eli-dicken-indiana-mall-shooting-bystander/index.html https://www.nytimes.com/2022/07/19/us/armed-bystander-indiana-mall-shooting.html https://www.cbsnews.com/news/indiana-mall-shooting-elisjsha-dicken-neutralized-gunman-15-seconds/ https://www.gunviolencearchive.org/reports/mass-shooting https://trends.google.com/trends/explore?date=today%201-m&geo=US&gprop=news&q=shooting 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

Social Security has become a trillion dollar weight dragging down our economics and politics. On the one hand, according to the Social Security administration itself, the program will be insolvent within a decade. On the other, we can’t shut it down without condemning many elderly to destitution. This week, we talk about a plan that would phase out Social Security, do it without cutting benefits to current retirees, leave future retirees better off, and save the government money. The catch is that the phase-out requires many decades. Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Quick Hits and Foolishness of the Week https://www.hilton.com/en/hotels/snaiohx-hampton-suites-irvine-orange-county-airport/ https://apnews.com/article/2022-midterm-elections-new-york-alexandria-ocasio-cortez-queens-congress-7e1d71dec55714872f60a4f34d02b7d7 https://www.washingtonexaminer.com/news/house/aoc-laments-insane-cost-of-being-congresswoman Foolishness of the Week https://www.dailymail.co.uk/news/article-11022021/Jill-Biden-voices-frustration-Joes-lack-progress-White-House.html https://s3.documentcloud.org/documents/20407226/bidens-dissertation.pdf 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

Recently, we talked about polls showing a serious erosion of trust in the branches of government. This week, we focus on the media. It turns out that Americans trust the media about as much as they trust Congress - and it’s amazing how little they trust Congress. Interestingly, there’s a sharp division among party lines. Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Quick Hits and Foolishness of the Week https://www.amazon.com/Alone/dp/B07RYP2QSW https://www.yahoo.com/entertainment/outrage-erupts-white-house-calls-013222807.html Foolishness of the Week https://www.msn.com/en-us/news/us/pregnant-woman-given-hov-ticket-argues-fetus-is-passenger-post-roe/ar-AAZoI2r Topic of the Week https://www.axios.com/2022/07/08/news-republicans-democrats-trust-partisanship 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 Twitter https://twitter.com/JamesRHarrigan

No matter what we do to tweak our healthcare system, we seem to end up with the same problems decade after decade. Proponents of socialized medicine say that healthcare is simply too complex of a problem to leave to profit-seeking actors in the marketplace. Proponents of free market medicine say that healthcare is a product like any other product and that much of the complexity that exists is actually due to government regulations themselves. This week, we talk with an economic historian and ask, what happened to healthcare in this country? Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Quick Hits and Foolishness of the Week https://www.vice.com/amp/en/article/wxn8qx/amtrak-spent-11-years-and-dollar450-million-to-save-acela-riders-100-seconds https://www.railpassengers.org/site/assets/files/3480/1.pdf https://news.gallup.com/poll/394283/confidence-institutions-down-average-new-low.aspx Foolishness of the Week https://abcnews.go.com/US/couple-fined-1500-parking-driveway/story?id=86181089 Topic of the Week https://history.umbc.edu/facultystaff/full-time/christy-ford-chapin/ https://www.amazon.com/Ensuring-Americas-Health-Creation-Corporate/dp/1107622875/ref=sr_1_1 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 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

(Sorry about the sound skipping. Camtasia, which I use for producing these, has a bug that causes skipping on certain file formats.) Historian Rob McDonald joins us on this Fourth of July week to talk about the events leading up to the founding, and his observation that the Founders thought less that they were declaring independence from Great Britain than that Parliament and the King had effectively declared the colonies independent by failing to fulfill the basic functions of government.

This is an interview I gave recently on Working Capital: The Real Estate Podcast. https://workingcapitalpodcast.com/podcast/

Historian Rob McDonald joins us on this Fourth of July week to talk about the events leading up to the founding, and his observation that the Founders thought less that they were declaring independence from Great Britain than that Parliament and the King had effectively declared the colonies independent by failing to fulfill the basic functions of government. Episode 281: Declared Independence

Economists have been warning politicians about the federal debt since the 1980s. The debt has now reached a point that it is mathematically impossible for the federal government to continue as it has. Either politicians will have to significantly cut spending, significantly raise taxes, or the inflation we're feeling now will become a permanent part of our lives.

For one-hundred years, the United States has been conducting an experiment in unlimited government wherein politicians spend far beyond the government’s means, kicking the fiscal can down the road for future generations to pay. The future has finally arrived and we are that future generation. The inflation we’re experiencing now is the beginning of the price we’ll be paying for a century of unlimited government. Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Quick Hits and Foolishness of the Week https://www.wuft.org/news/2022/06/02/gainesville-residents-and-city-officials-gather-to-strategize-how-to-tackle-affordable-housing-issues-in-the-city/ https://www.sightline.org/2014/09/29/zoning-inclusionary-v-exclusionary/ https://dailytravelpill.com/montane-mansion-hong-kong-monster-building/ https://news.yahoo.com/affordable-housing-california-now-routinely-120027201.html Foolishness of the Week https://www.cnbc.com/2022/06/19/holiday-weekend-sees-massive-amount-of-flight-cancellations.html Topic of the Week https://www.aier.org/article/a-time-for-reckoning/ 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 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

Critics of drug laws focus on the costs, both in dollars and lives, of incarcerating people for an act that often hurts no one. Lost in the discussion is the cost of making it harder for people who suffer from chronic pain to obtain drugs they need to function. Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Quick Hits and Foolishness of the Week https://www.bloomberg.com/news/articles/2022-05-31/yellen-says-i-was-wrong-last-year-on-the-path-of-us-inflation https://www.newscientist.com/article/2322693-damaged-liver-repaired-inside-machine-for-three-days-before-transplant/ Foolishness of the Week https://news.yahoo.com/justin-trudeau-points-u-gun-193328676.html Topic of the Week https://nationalpost.com/pmn/news-pmn/crime-pmn/canada-to-temporarily-decriminalize-some-drug-possession-to-tackle-abuse-problem 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 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

We all see the profits companies make when they sell things for more than it cost them to produce. Companies carefully measure these profits, and many are required to publicly report them to the penny. What we don’t see, but is every bit as real, is the “profit” consumers make when they buy from those companies. A consumer’s “profit” occurs when the consumer pays less for a thing than the maximum the consumer was willing to pay. The fact that we readily see companies’ profits and don’t readily see consumers’ profits contributes to many people’s misunderstandings about economics. Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Quick Hits https://wordsandnumbers.libsyn.com/episode-243-the-nature-of-exchange-pt-1 https://wordsandnumbers.libsyn.com/episode-244-the-nature-of-exchange-pt-2 Foolishness of the Week https://apnews.com/article/california-race-and-ethnicity-san-francisco-voter-registration-6bc187073ed7477f654b63d869bacdf7 Topic of the Week https://www.youtube.com/watch?v=iLXKazEbRJ8 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 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

James and I were invited to kick off UNC Wilmington’s annual Business Week with a live recording of Words & Numbers. The talk was loosely based on our book, Cooperation & Coercion. If you’ve read the book, you’ll still find fresh material in these episodes. The first part of this two-part episode is the presentation. The second part is the audience Q&A. Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Quick Hits and Foolishness of the Week Quick hits and the foolishness of the week have gone on vacation for a few weeks. In their places, we’ll be talking about unintended consequences. Topic of the Week https://www.wilmingtonbiz.com/insights/robert__burrus/csb_business_week_2022_-_connecting_uncws_cameron_school_of_business_to_its_powerful_network/3365 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 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

We forget that the media has a profit incentive to show us bad, salacious, and uncommon news. And so it turns out that the world we think we live in is very different from the world we actually live in.

Want more on economics and policy from Antony Davies? Listen to the Words & Numbers Podcast, and check out Cooperation and Coercion available on Amazon and Audible. https://www.amazon.com/Cooperation-Coercion-Busybodies-Busybullies-Economics/dp/161017156X

Want more on economics and policy from Antony Davies? Listen to the Words & Numbers Podcast, and check out Cooperation and Coercion available on Amazon and Audible. https://www.amazon.com/Cooperation-Coercion-Busybodies-Busybullies-Economics/dp/161017156X

Want more on economics and policy from Antony Davies? Listen to the Words & Numbers Podcast, and check out Cooperation and Coercion available on Amazon and Audible. https://www.amazon.com/Cooperation-Coercion-Busybodies-Busybullies-Economics/dp/161017156X

Want more on economics and policy from Antony Davies? Listen to the Words & Numbers Podcast, and check out Cooperation and Coercion available on Amazon and Audible. https://www.amazon.com/Cooperation-Coercion-Busybodies-Busybullies-Economics/dp/161017156X

Want more on economics and policy from Antony Davies? Listen to the Words & Numbers Podcast, and check out Cooperation and Coercion available on Amazon and Audible. https://www.amazon.com/Cooperation-Coercion-Busybodies-Busybullies-Economics/dp/161017156X

Want more on economics and policy from Antony Davies? Listen to the Words & Numbers Podcast, and check out Cooperation and Coercion available on Amazon and Audible. https://www.amazon.com/Cooperation-Coercion-Busybodies-Busybullies-Economics/dp/161017156X

Want more on economics and policy from Antony Davies? Listen to the Words & Numbers Podcast, and check out Cooperation and Coercion available on Amazon and Audible. https://www.amazon.com/Cooperation-Coercion-Busybodies-Busybullies-Economics/dp/161017156X

James and I were invited to kick off UNC Wilmington’s annual Business Week with a live recording of Words & Numbers. The talk was loosely based on our book, Cooperation & Coercion. If you’ve read the book, you’ll still find fresh material in these episodes. The first part of this two-part episode is the presentation. The second part is the audience Q&A. Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Quick Hits and Foolishness of the Week Quick hits and the foolishness of the week have gone on vacation for a few weeks. In their places, we’ll be talking about unintended consequences. Topic of the Week https://www.wilmingtonbiz.com/insights/robert__burrus/csb_business_week_2022_-_connecting_uncws_cameron_school_of_business_to_its_powerful_network/3365 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 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 Congressional Budget Office is the government entity that produces forecasts about the effects of new taxes and spending on the economy and the federal budget. Four years ago, we did an episode in which we showed that the CBO had a track record of under-estimating future spending and over-estimating future tax revenues. With four years behind us, we revisit the topic and ask whether the CBO has gotten any better and what it’s now forecasting for the future. Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Quick Hits and Foolishness of the Week Quick hits and the foolishness of the week have gone on vacation for a few weeks. In their places, we’ll be talking about unintended consequences. Topic of the Week Historical CBO forecasts https://www.cbo.gov/about/products/budget-economic-data#3 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 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

There are some things that people have an emotional reaction to buying and selling: sex, body parts, votes. There are other things whose quality people aren’t able to judge. Is it possible that markets shouldn’t or can’t handle these things? Philosopher James Stacey Taylor joins us to discuss his latest book, Markets With Limits. Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Quick Hits and Foolishness of the Week Quick hits and the foolishness of the week have gone on vacation for a few weeks. In their places, we’ll be talking about unintended consequences. Topic of the Week Markets With Limits by James Stacey Taylor https://www.amazon.com/Markets-Limits-Merits-Market-Critical-Arguments/dp/1032171480/ref=sr_1_1 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 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

There are some things that people have an emotional reaction to buying and selling: sex, body parts, votes. There are other things whose quality people aren’t able to judge. Is it possible that markets shouldn’t or can’t handle these things? Philosopher James Stacey Taylor joins us to discuss his latest book, Markets With Limits. Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Quick Hits and Foolishness of the Week Quick hits and the foolishness of the week have gone on vacation for a few weeks. In their places, we’ll be talking about unintended consequences. Topic of the Week Markets With Limits by James Stacey Taylor https://www.amazon.com/Markets-Limits-Merits-Market-Critical-Arguments/dp/1032171480/ref=sr_1_1 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 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