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.
The good people at Students for Liberty looked up the most googled questions about economics, and here they are.
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https://www.youtube.com/watch?v=TDnqUg-MaWo
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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https://www.youtube.com/watch?v=34hwE6bCpZo
With signs of inflation visible, how can business owners buffer against a bumpy road ahead? Hear economic experts Antony Davies and James R. Harrigan discuss rising prices, Federal Reserve actions, supply chain shortages, and labor force impacts, in the first of two THRIVE podcast episodes on inflation, U.S. debt, and the nation’s economy. Antony Davies and James R. Harrigan are co-hosts of the Words & Numbers podcast, and authors of “Cooperation and Coercion.” This is Episode 3 of the Season 3 THRIVE Paychex business podcast for small business owners, hosted by Gene Marks.
Topics Include:
2:11 - The misinformation around inflation
6:07 - Modern Monetary Theory ...
8:41 - ... and why it's monetary illusion.
12:05 - Why more gov’t money spurs inflation
14:30 - Supply chain shortages and price jumps
16:57 - Are CPI increases tied to extra unemployment benefits?
20:09 – Shortages in labor, and on shelves
22:40 - Borrowing in the face of inflation
27:06 - Is inflation ever "good?"
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https://www.youtube.com/watch?v=BaJTdBnaQBo
Money is an excellent tool for facilitating exchange. It solves problems like how to save while avoiding spoilage and how to exchange with people who don’t want what you’re offering. But we’ve come to rely so heavily on money that we’ve forgotten what exchange really is. In this first of two episodes, we discuss the nature of exchange.
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Quick Hits
https://www.goodnewsnetwork.org/a-checkout-line-where-slower-is-better-supermarket-jumbo/
https://gizmodo.com/9-horrifying-facts-from-the-facebook-whistleblowers-new-1847791184
Foolishness of the Week
https://freebeacon.com/biden-administration/psaki-unfair-and-absurd-to-say-companies-would-raise-prices-in-response-to-tax-increases/
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Antony Davies on Twitter
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James R. Harrigan on Twitterhttps://twitter.com/JamesRHarrigan
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https://www.youtube.com/watch?v=eYxGjrlB51s
Last week, we talked about the incongruity of not only having a majority of voters not like either major party candidate, but to have those two candidates appear twice in back-to-back elections. This week, we explore what happens when a President is incapable of fulfilling the duties of the office.
Foolishness of the Week: 11:01
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Quick Hits https://www.gofundme.com/f/stand-with-trump-raise-the-settlement
Foolishness of the Week https://www.usatoday.com/story/news/politics/2024/02/15/barbara-lee-minimum-wage/72611446007/
Topic of the Week
https://www.hsc.edu
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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
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https://www.youtube.com/watch?v=r1OJEsWgC2s