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PODCAST

Words & Numbers

Words & Numbers touches on issues of Economics, Political Science, Current Events and Policy. Each Wednesday we"ll be sharing a new Words & Numbers podcast featuring Antony Davies Ph.D and James Harrigan Ph.D talking about the economics and political science of current events. Words and Numbers is a CiVL Original Podcasts, learn more at civl.com

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All Episodes

39:06

Episode 275: Economics Is About A Lot More Than Money

Words & Numbers ·

2022/05/18

Most of what the public knows about economics is really macroeconomics - the field of economics that deals with interest rates, inflation, unemployment, and GDP. Economics is really about human behavior, and there’s a lot more to it than simply macroeconomics. Economist Matt Ryan joins us this week to talk about his work in applying economics to interesting topics from sports betting to police making traffic stops. Get Your Copy of Cooperation and Coercion Now

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30:10

Episode 274: The CBO Predicts the Future

Words & Numbers ·

2022/05/11

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

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25:05

Episode 273: Markets With Limits, Pt. 2

Words & Numbers ·

2022/05/04

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

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39:41

Episode 272: Markets With Limits, Pt. 1

Words & Numbers ·

2022/04/27

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

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28:53

Episode 271: Our Dual Natures

Words & Numbers ·

2022/04/20

Humans have dual natures. We are, simultaneously, individuals and members of a shared society. That each of us should be free arises from our status as individuals. But, what arises from our status as members of a shared society are obligations to one another. What economists call “economic freedom” is really the encoding of the appropriate balance of our two natures into the rule of law. Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com Show Your Support for

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42:28

Episode 270: A Conversation with Award Winning...

Words & Numbers ·

2022/04/13

This is the final installment of our talk with the economics students of Mount Hebron High School. The students have won the state economics championship 16 times, the national championship six times, and recently won the international championship for the first time. 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://www.oecdbetterlifeindex.org/topics/income/

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36:33

Episode 269: A Conversation with Award Winning...

Words & Numbers ·

2022/04/06

This week, we talk with the economics students of Mount Hebron High School who have won the state economics championship 16 times, the national championship six times, and recently won the international championship for the first time. 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

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40:44

Episode 268: A Conversation with Award Winning...

Words & Numbers ·

2022/03/30

This week, we talk with the economics students of Mount Hebron High School who have won the state economics championship 16 times, the national championship six times, and recently won the international championship for the first time. 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

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34:29

Episode 267: Ten Years of ObamaCare

Words & Numbers ·

2022/03/23

Now that a decade has passed since the Affordable Care Act reached full implementation, it’s a good time to look back at what we were promised, what we got, and what we didn’t get.. 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://advisor.visualcapitalist.com/ranked-the-biggest-u-s-tax-expenditures/

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41:16

Episode 266: Subsidiarity, Solidarity, and the Common...

Words & Numbers ·

2022/03/16

The Catholic Church likes subsidiarity. Politicians like federalism. Economists like free markets. It turns out that, if you can adequately define “the common good,” the three - subsidiarity, federalism, and free markets - pretty much boil down to the same thing. This week is the first half of a four-way discussion with two Catholic theologians, a political scientist, and an economist on subsidiarity and the common good. Get Your Copy of Cooperation and Coercion Now

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33:44

Episode 265: Higher Education Fraud?

Words & Numbers ·

2022/03/09

Is there a massive class action suit awaiting colleges and universities that promise certain educational outcomes and don’t deliver? Colleges and universities are admitting students they know won’t succeed and happily cashing their tuition checks. There are scary parallels here to bankers who gave mortgages to borrowers the banks knew couldn’t afford to repay those mortgages. Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com Show Your Support for Words & Numbers

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34:07

Episode 264: Should Cities Invest in Sports Stadiums?

Words & Numbers ·

2022/03/02

Politicians often argue the benefits of raising taxes to pay for sports stadiums, citing all the economic benefits that accrue from attracting major sports teams. But if there were significant economic benefits, wouldn’t private investors have an incentive to pay for the stadiums on their own? Why do we need tax revenues to fund them? This week, economist Lauren Heller joins us to talk about the economics of sport stadiums. Get a 20% discount on the mask not named in the episode by clicking below

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33:37

Episode 263: The Fall of Amazon

Words & Numbers ·

2022/02/23

The life cycle of birth, maturation, death, and new life plays out in markets in the same way and for the same reasons. Entrepreneurs come up with new ideas. If customers like those ideas better than they like dollars in their pockets, they pay the entrepreneurs and the new ideas mature. But with maturation comes some ossification as once nimble companies get bogged down by their own bureaucracies. This creates opportunities for new entrepreneurs to come along and replace the old. Amazon, once the

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35:47

Episode 262: David Friedman on the Gold Standard

Words & Numbers ·

2022/02/16

David Friedman joins us to talk about the gold standard: why one existed at all, why we went off it, and what would happen if we reinstituted it. 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://www.mprnews.org/story/2022/02/03/betty-whiteout-ctrl-salt-delete-top-winners-in-mndot-nameasnowplow-contest

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29:00

Episode 261: $30 trillion

Words & Numbers ·

2022/02/09

The federal debt recently crossed the $30 trillion mark, making the debt 50% larger than the entire US 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 https://www.wsj.com/articles/belarusian-officials-charged-with-aircraft-piracy-for-diversion-of-ryanair-flight-11642723692

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34:25

Episode 260: Shortages at Home, Starvation Elsewhere

Words & Numbers ·

2022/02/02

Americans are so used to having goods available to them at low prices, in expansive variety, and in apparently limitless quantities that sporadic shortages are shaking up our lives. Yet, what we experience as an inconvenience, others in the world experience as starvation. Humans’ default condition is not one of plenty, but one of poverty. What stands athwart any society and poverty is good governance and a free economy. Get Your Copy of Cooperation and Coercion Now

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36:23

Episode 259: The Chosen

Words & Numbers ·

2022/01/26

The Chosen is a remarkable TV series on two counts. It is the largest crowdfunded effort of its type, having raised more than $10 million and attracted over 150 million downloads over its two seasons. It also manages to depict stories from the New Testament in a way that is attractive to atheists and people of faith alike. 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

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35:01

Episode 258: Why the Anger?

Words & Numbers ·

2022/01/19

Something odd is happening among Americans. People are generally quite nice to each other. Historically, Americans have been a generous people, and most have a good sense of civic duty. Yet, Americans on both the left and the right are angry about our politics. Both sides are coming to view the other as “the enemy.” It’s possible that we’ve reached a point where the best way forward is to go our separate ways. And we might not have reached this point at all if we had taken our founding principles

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37:50

Episode 257: The Time Value of Money

Words & Numbers ·

2022/01/12

Even in the absence of inflation, a dollar in the future is less than a dollar today simply because it exists in the future. Humans have figured out how to use this fact to invent things like mortgages, installment payments, and subscriptions. We talk about the implications of the time value of money, then segue into virtual reality and the future of labor markets, then into the service the rich perform for the rest of us as first adopters. This is what happens when you don’t have a script. Get a

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38:59

Episode 256: An Insider's View of the Supply Chain

Words & Numbers ·

2022/01/05

Goods appear to be randomly missing in stores, and prices seem to be rising. Much of what we're seeing is due to disruptions in the supply chain. This week, we talk with industry insider Mikhail Rasner about what's going on. 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://www.npr.org/2021/12/16/1064855510/kraft-cream-cheese-20-dollar-website

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