Informações:
Sinopse
Podcast on Economics
Episódios
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Episode 485: R.I.P. Heritage Foundation
30/12/2025 Duração: 01h06minIn this episode, we examine the realities behind universal health care by looking at Canada’s system, wait times, medical tourism, and cases where patients are denied life-saving treatment. We discuss the rise of weight-loss drugs like Ozempic and Wegovy, the economics behind high drug prices, and why “miracle” medications often create new dependencies and unintended costs. We scrutinize airline incivility, declining standards of behavior, and why airlines are reluctant to enforce norms despite growing problems. Phil Magness also joins us to discuss the internal collapse of the Heritage Foundation, the rise of post-liberal conservatism, and the growing influence of figures like Tucker Carlson and Nick Fuentes. We explore tensions within the Republican Party, the appeal of emergency powers on both the left and right, the dangers of mixing religion with state authority, and what these trends mean for the future of American politics. 00:00 Introduction and Overview 00:28 Canadian Health Care and the Myth of
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Episode 484: Geezer Presidents
25/12/2025 Duração: 49minIn this episode, we examine what actually counts as a victimless crime and why the term is so often misused, using examples ranging from seatbelt and helmet laws to drugs, prostitution, and software piracy. We discuss how insurance markets price risk more effectively than regulation, and why many so-called crimes are really paperwork violations with no direct victims. We also look at the limits of automation through recent failures in self-driving technology, and highlight the Foolishness of the Week involving ideological monocultures in academia and the incentives that sustain them. The conversation then turns to the main topic of whether there should be an age limit for the presidency, weighing cognitive decline, longevity, institutional incentives, and why existing safeguards like the 25th Amendment rarely function as intended. 00:00 Introduction and Overview 00:29 What Counts as a Victimless Crime? 01:38 Insurance, Risk, and Who Really Pays 04:36 Drugs, Prostitution, and True Victimless Crimes 06:2
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Episode 483: We Love Inequality
23/12/2025 Duração: 01h13sIn this episode, we look at what happens when artificial intelligence is put in charge of real-world systems, starting with an experiment in automated pricing and what it reveals about incentives, scarcity, and control. We turn to Denmark’s decision to shut down its national postal service, using it to examine the decline of physical mail, environmental tradeoffs, and why government monopolies struggle to compete with private delivery. We highlight the week’s “foolishness,” including the rise of competitive spreadsheet championships, before turning to a broader discussion about inequality. We examine IQ distributions, bell curves, and why inequality is often confused with poverty, exploring the limits of measures like the Gini coefficient, the difference between snapshot and lifetime earnings, and the role of incentives, envy, and value creation. We close by contrasting equality of opportunity with equality of outcome and asking what societies should actually care about when assessing fairness and prosperity.
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Episode 482: The Evolution of Crime
18/12/2025 Duração: 48minIn this episode, we revisit the debate over restricting social media access for children, responding to listener feedback and examining why parental responsibility alone can’t address the scale of the problem. We discuss proposals for age verification, the risks of digital ID systems, and how privacy and surveillance concerns are often dismissed with the claim that people have “nothing to hide.” We then turn to California’s energy situation, looking at refinery closures, the Jones Act, and why state climate policies have little impact on global emissions while driving higher fuel costs. We examine a lawsuit involving Donald Trump and the BBC, followed by the week’s “foolishness” surrounding the Oscars’ move to YouTube. Our main discussion explores the concept of victimless crime, how outdated laws persist long after society moves on, what entrepreneurship signals about obsolete regulations, and why enforcement-heavy approaches to poverty, drugs, and everyday behavior continue to fail. 00:00 Introduction an
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Episode 481: California Screamin’
16/12/2025 Duração: 01h10minIn this episode, we discuss the growing role of humanoid robots in everyday life, why new technologies always reach the wealthy first, and how falling costs eventually make innovation accessible to the middle class. We turn to global efforts to restrict social media access for children, examining the real harms platforms create, why enforcement rarely works, and how questions of consent and freedom apply differently to minors. We highlight the week’s “foolishness,” including exaggerated tariff claims and the political incentives behind economic misinformation, before looking at how public discourse has deteriorated as cruelty and performative outrage become normalized. We then examine California’s accelerating business exodus, focusing on energy companies leaving the state, the consequences of heavy regulation and taxation, the limits of government control over capital-intensive industries, and what these trends reveal about tradeoffs, governance, and long-term economic sustainability. 00:00 Introduction a
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Episode 480: The War on Drugs (Continued)
11/12/2025 Duração: 55minIn this episode, we look at the story of a young boy who found purpose working for the DC Metro and later became a transportation engineer, and we examine a proposal for the U.S. to screen tourists’ social media accounts before entry, highlighting the logistical and constitutional problems such a system would create. We cover the week’s “foolishness,” including In-N-Out removing order number 67 from its queues and a Montreal lottery winner who chose a disastrous payout option, and discuss what these cases reveal about human judgment and bad incentives. We also explore the Mandela Effect and why memory often fails us. Later, we’re joined by Todd Huntley to talk about U.S. drug interdiction on the high seas, the legal gray zone between warfare and law enforcement, the risks of escalating conflicts with countries like Venezuela, and the constitutional limits on presidential war powers. 00:00 Introduction and Overview 00:30 The DC Metro Kid Who Became an Engineer 02:44 U.S. Plans to Screen Tourists’ Social M
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Episode 479: The NPCs Among Us
09/12/2025 Duração: 01h03minIn this episode, we look at a series of recent arrests tied to online posts, comparing Britain’s policing culture and firearms laws with American norms and examining how “feeling threatened” has become a legal standard. We discuss Alaska’s new AI-driven digital identity system and the fears surrounding automated benefits, digital currency, and government control. We highlight the week’s “foolishness” involving a racist outburst at a Cinnabon, and then turn to market news as Bitcoin drops and DJT stock continues to collapse. Our main topic explores whether AI can ever be sentient, what genuine inquisitiveness looks like, how people project humanity onto algorithms, and why the real risks stem from human psychology rather than runaway machines. We close with a discussion of how AI affects relationships, personal responsibility, and why students shouldn’t rely on it to think for them. 00:00 Introduction and Overview 01:01 British Man Arrested Over Social Media Post 02:46 Police Overreach and “Feelings as La
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Episode 478: No Socials for Sheila
04/12/2025 Duração: 52minIn this episode, we examine why arts education often maintains higher standards even as liberal arts programs shrink in schools and universities, and what students lose when curriculum narrows to job training. We discuss how platforms like X are adding country-of-origin labels to identify foreign influence and bot activity, and highlight the “foolishness of the week” involving the controversy over the “world’s strongest woman” and the broader questions it raises about biology and competitive fairness. We turn to Australia’s proposal to ban social media for kids under sixteen, exploring the practical limits of age verification, the tension between parental authority and government regulation, and why teens remain vulnerable to algorithmic manipulation. We close by considering where society should draw age boundaries, how platforms shape behavior, and what genuine responsibility looks like in the digital age. 00:00 Introduction and Overview 00:29 The State of Arts Education Today 02:57 Why Liberal Arts Are
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Episode 477: Your Future Self Hates You
02/12/2025 Duração: 01h01minIn this episode, we open with a look at how news coverage distorts public perception of danger, from shark attacks to terrorism, and why our instincts so often fail to match the data. We analyze the betting markets in regards to potential 2028 GOP presidential candidates. We discuss Ohio’s new proposal to offer paternity testing at birth, raising deeper questions about truth, family, and whether the state should standardize knowledge people may prefer not to have. We explore what consent really means in modern politics, how taxation relates to self-ownership, and whether withdrawing consent is even possible inside a democratic system. We dig into the philosophy of “future selves,” weighing whether personal choices today can violate the rights of the person we eventually become, and how this idea might reshape debates about children, drug laws, responsibility, and property rights. We wrap with the growing implications of deepfake technology, including one startling clip that hits very close to home. 00:00 I
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Episode 476: Be Thankful
27/11/2025 Duração: 42minIn this episode, we discuss the fallout from the government shutdown and how delays in federal economic data, including the Consumer Price Index and jobs reports, leave policymakers and the public effectively “driving without headlights.” We examine the broader risks of making monetary decisions without timely information and the political incentives surrounding data transparency. We turn to new reporting on Border Patrol surveillance, exploring constitutional concerns raised by nationwide license-plate monitoring, predictive algorithms, and civil asset forfeiture. We highlight the “foolishness of the week,” a Thanksgiving trend piece on secretly stoned dinner guests, before shifting to a Thanksgiving tradition of our own as we reflect on what we’re thankful not to have, from VAT taxes and debtors’ prisons to hostile borders, historic diseases, and restrictions on homeschooling and peaceful protest. 00:00 Introduction and Overview 00:33 The Government Shutdown’s Aftermath 04:55 Border Patrol’s Expanding
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Episode 475: American Consensus
25/11/2025 Duração: 58minIn this episode, we discuss the firing of an FBI trainee over an LGBTQ+ flag and the broader tensions surrounding free speech, impartiality, and government workplaces. We examine conflicting messages from Trump and J.D. Vance about the state of the economy, along with the role tariffs and consumer sentiment play in shaping public perceptions. We highlight the “foolishness of the week,” involving a MAGA supporter accused of staging a hate crime, and we explore new polling that reveals surprising levels of national consensus on political violence, facts versus opinions, multiculturalism, and the influence of wealthy donors. We also break down what Americans really agree on, why those shared beliefs matter, and how they shape the health of our democratic system. 00:00 Introduction and Overview 00:29 FBI Fires Agent Over LGBTQ Flag Dispute 02:39 Political Neutrality and Ideology in Law Enforcement 04:48 Trump’s Economic Messaging vs. Consumer Sentiment 07:38 J.D. Vance’s Call for Patience 09:25 The Linger
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Members: How Politics Matter For Upgrading Civilization - Join CiVL.COM
23/11/2025 Duração: 15minWords & Numbers Live is a members only series exclusive to CiVL.com in which Antony and James discuss politics, philosophy, and economics, and invite listeners for a live Q&A session. To participate, subscribe at CiVL.com, where you can see what lectures we have coming up, and access all of our Words & Numbers content. James and Antony take listener questions on politics, philosophy, and economics and how they matter for upgrading civilization. Learn more about your ad choices. Visit podcastchoices.com/adchoices
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Episode 474: Schoolhouse Farce
20/11/2025 Duração: 01h09minIn this episode, we discuss the rising backlash to last week’s comments about Nick Fuentes, the distinction between personal judgment and deplatforming, and the broader question of what ideas belong in public discourse. We explore the failures of remedial education across major universities, the collapsing academic standards that allow students to advance without basic literacy and numeracy, and the systemic incentives that push institutions to “get students through” rather than educate them. We examine the roots of the public-school crisis, the role of property-tax funding, the constraints of unionized pay structures, and why market incentives and genuine school choice may be the only workable path forward. We also revisit lessons from the Soviet Union, grocery-store abundance, and what markets reveal about human flourishing in ways central planning never can. 00:00 Introduction and Overview 01:19 The Camino Story and Unexpected Love of Hiking 05:03 Walking Ancient Roman Roads with Modern Tech 07:50 Cr
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Episode 473: Blowing Bubbles
18/11/2025 Duração: 52minIn this episode, we discuss how Meta and its algorithms shape what we see online, why the penny has finally been discontinued, and the legal and economic complications that follow from eliminating small denominations. For the “foolishness of the week,” we highlight a small-town newspaper that was awarded a $3 million settlement stemming from an unlawful raid, and the First Amendment implications it raises. We examine the disconnect between a sluggish economy and soaring asset prices, discuss how Fed policy and excess liquidity fuel inflation in financial markets, and consider what rising bubbles in stocks, housing, gold, and bitcoin mean for retirement planning and long-term investment behavior. 00:00 Introduction and Overview 00:37 Meta Entertainment and Hot Wheels 04:49 The Discontinuation of the Penny 06:45 How Eliminating Pennies Would Affect Retailers and Consumers 11:18 Who Actually Has the Power to Change U.S. Currency 12:49 Reflections on U.S. Currency 15:57 Foolishness of the Week: $3 Millio
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Episode 472: Trumptimism
13/11/2025 Duração: 54minIn this episode, we examine the growing disconnect between education theory and classroom reality, as academic research drifts toward identity themes while teachers confront daily behavioral and practical challenges. We discuss the BBC’s misleading edits of Trump’s January 6 remarks and what the scandal reveals about media trust, then turn to a “foolishness of the week” on claims about podcasting’s diversity problem. We analyze new polling that shows Trump losing ground with Republicans and independents, rising economic frustration, and how political pressure is driving shifts on tariffs, immigration, and labor policy. We also touch on the Epstein files debate and the constitutional limits on congressional speech, considering how these controversies reflect changing public opinion and the incentives that push policymakers back toward the center. 00:00 Introduction and Overview 00:34 Academia’s Incentive Problem 07:47 BBC Scandal and Leadership Failures 11:13 The “Podcast Diversity” Study 13:01 Social M
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Episode 471: 50 Years a Mortgage Slave
11/11/2025 Duração: 01h30minIn this episode, we take a close look at the growing complexity of legislation in the age of artificial intelligence and how longer, denser bills create new incentives for politicians to hide provisions that voters would never spot on their own. We also examine the Trump administration’s new visa rules, including the unexpected decision to classify obesity as grounds for denial, and what this says about public policy and shifting cultural norms. We analyze Trump’s proposal for $2,000 tariff-funded checks and the Supreme Court case that could unravel the entire tariff structure, followed by a deeper dive into the real economics of trade, revenue, and political incentives. We finish with a look at the housing market, the push for 50-year mortgages, and why extending loan terms does little to address the underlying supply constraints driving home prices and unaffordability. 00:00 Introduction and Overview 00:28 The Future of Legislation in the Age of AI 08:07 No Visas for Obese People 12:12 Foolishness of
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Episode 470: Partisan Death Spiral
06/11/2025 Duração: 01h01minIn this episode, we discuss false scarcity and how fear drives bad economic decisions, comparing self-sufficiency with the global benefits of free trade and the trust that arises from voluntary exchange. We examine the economics of water management, from property rights and groundwater to desalination and market incentives for conservation. We also cover corruption in sports betting, political hypocrisy in market regulation, and the populist rise of figures like Tucker Carlson and Nick Fuentes. We explore the decline of moderation in American politics, the failures of the two-party system, and what genuine self-government could look like in a more responsible democracy. 00:00 Introduction and Listener Mail 02:56 The Illusion of Scarcity and Economic Fear 04:14 Self-Sufficiency vs. the Benefits of Global Trade 05:11 Trust, Trade, and Peace Between Nations 08:24 Water Rights and the Economics of Groundwater 10:18 Innovation, Desalination, and Market Incentives 13:17 Sports Betting, Corruption, and the
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Episode 469: An American King?
04/11/2025 Duração: 56minIn this episode, we discuss vacuum espionage, election polling, voter bias, and the persistence of the “hidden Republican” phenomenon, before turning to the Foolishness of the Week on Barack Obama’s shifting racial politics. We then speak with historian David Beito, author of FDR: A New Political Life, about Franklin D. Roosevelt’s lasting impact on American governance. We examine how FDR reshaped the federal government through progressivism, centralized planning, and the expansion of executive power, connecting his presidency to modern debates over welfare, economic rights, and political authority. We also explore the contradictions of FDR’s leadership, his charisma and pragmatism alongside his willingness to suppress dissent, and how his policies continue to influence government and public trust today. 00:00 Introduction and Overview 00:53 The Smart Vacuum That Spied 04:25 Off-Year Elections in California and New York 06:55 Polling Bias and the Hidden Republican Vote 09:15 Foolishness of the Week: Ba
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Members: Unintended Consequences - Join CiVL.COM
02/11/2025 Duração: 16minWords & Numbers Live is a members only series exclusive to CiVL.com in which Antony and James discuss politics, philosophy, and economics, and invite listeners for a live Q&A session. To participate, subscribe at CiVL.com, where you can see what lectures we have coming up, and access all of our Words & Numbers content. Unintended consequences arise when decision makers impose decisions on people and those people react in ways the decision makers didn’t anticipate. Unintended consequences can’t be fixed through better decision making because the problem doesn’t arise from the decision maker. They arise from the fact that people are being forced to behave in a way they’d rather not behave. We'll walk through myriad examples of well-intended laws and regulations that resulted in unintended consequences that either reversed or mitigated the policy makers’ intentions. Learn more about your ad choices. Visit podcastchoices.com/adchoices
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Episode 468: Shut It Down
30/10/2025 Duração: 01h06minIn this episode, we examine how Americans view government power and economic responsibility during another federal shutdown. We discuss growing distrust of federal authority, confusion over who holds real power, and how political brinkmanship creates real-world consequences such as missed paychecks, grounded flights, and suspended food aid. We cover the ethics of welfare and workfare, the balance between private charity and public assistance, and the economic effects of shutdowns, tariffs, and education spending. Together, these issues reveal how political dysfunction continues to weaken public trust and fiscal stability. 00:00 Introduction and Overview 00:30 The Myth of Hard Work and the American Dream 01:58 Capitalism vs. Socialism 03:41 Public Distrust in Federal Power 06:43 Trump’s Tariffs and the Economics of Uncertainty 09:56 Trump Derangement Syndrome 12:42 Do Billionaires Really Hoard Wealth? 19:18 Foolishness of the Week: Arizona’s $80 Million Stadium 22:58 Education Spending and Misplaced