Words & Numbers

More frequently, politicians are talking about a wealth tax. As with the income tax back in the early 1900s, politicians promise that the tax will only be one or two percent and will only apply to the rich. But, as with the income tax, if politicians can convince voters to allow the government to impose a tax on wealth, it will be less than a decade before that new tax hits the middle class. Foolishness of the Week: 15:15 Main episode: 19:45 Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com See More Ant and James! http://www.wordsandnumbers.org Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Quick Hits https://robertreich.substack.com/p/ceo-pay-is-out-of-control https://www.bls.gov/oes/current/oes111011.htm https://www.reuters.com/business/ceo-pay-averaged-167-million-last-year-sp-500-companies-decline-2023-08-03/ Foolishness of the Week https://www.nbcnews.com/news/us-news/sports-illustrated-publisher-fires-ceo-latest-exec-ter

A new outbreak of a communicable disease in China has officials there calling for masks and social distancing. This week, we talk about what lessons we learned from the last go around and how people might respond in this country to a reprise of social distancing and masking.  Foolishness of the Week: 07:23 Main episode: 11:23 Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com See More Ant and James! http://www.wordsandnumbers.org Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Quick Hits https://thehill.com/opinion/education/4288044-oregon-just-dropped-all-graduation-standards-failing-all-of-its-students-in-the-name-of-equity/ https://www.wsj.com/us-news/law/one-supreme-court-case-could-mess-up-chunks-of-the-tax-code-680a9ba6 Foolishness of the Week https://twitter.com/POTUS/status/1730211325383434419 https://nypost.com/2023/03/20/bidens-twitter-account-fact-checked-for-dubious-claim-about-the-taxes-billionaires-pay/ Topic of th

We recently moderated the South Carolina Libertarian Party’s Presidential debate. We had a great time and the candidates were serious people. But the contrast between our excellent experience in South Carolina and Libertarian party hijinx we’ve seen in the past spurred this conversation. Is the Libertarian Party a political party or a philosophical society? The latter’s goal is to delve deeply into important questions about the economy and polity. The former’s goal is to win elections. Foolishness of the Week: 08:37 Main episode: 14:05 Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com See More Ant and James! http://www.wordsandnumbers.org Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Quick Hits https://www.cnbc.com/2023/11/25/black-friday-shoppers-spent-a-record-9point8-billion-in-us-online-sales-up-7point5percent-from-last-year.html Foolishness of the Week https://twitter.com/senwarren/status/1728810999355175212?s=61&t=8n

Three former professors discuss the fraud that universities are perpetrating on students and taxpayers.. Foolishness of the Week: 11:59 Main episode: 15:20 Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com See More Ant and James! http://www.wordsandnumbers.org Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Topic of the Week https://www.aier.org/people/phillip-w-magness/ Words & Numbers Backstage https://www.facebook.com/groups/130029457649243/ More James at Smoke & Stories https://www.youtube.com/playlist?list=PLjILow4-ZJpBV-NnmSusZJ_vCuzKUJ4Ig More Ant on YouTube https://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 #AntonyDavies #JamesRHarrigan #WordsAndNumbers #economics #government #politics #policy #libertarian #classicalliberal #podcast #educatio

Over ten years ago, we predicted that, as the Federal government approached insolvency, the Federal Reserve would start printing money to monetize the government spending, and that that would give us sustained inflation in the 5% plus range. We saw the 5% plus inflation and, as the Fed fought it, we then saw interest rates skyrocket. Trillion dollar plus deficits are the new normal, Social Security is within a decade of becoming insolvent, and that will mean even more borrowing. It appears that people are just now becoming aware of the problem. Unfortunately, it's almost too late to do anything about it. Foolishness of the Week: 07:46 Main episode: 14:20 Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com See More Ant and James! http://www.wordsandnumbers.org Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Quick Hits https://www.youtube.com/antonydavies https://www.marketwatch.com/story/moodys-cuts-outlook-on-u-s-credit-rating-to-n

An elderly couple, an antiques dealer, and an African mask spark a conversation about fraud, fairness, and value. Foolishness of the Week: 11:00 Main episode: 13:14 Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com See More Ant and James! http://www.wordsandnumbers.org Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Quick Hits https://www.kpbs.org/news/local/2023/11/02/california-regulators-put-off-a-decision-on-solar-rules-again https://www.bbc.com/news/health-67295526 Foolishness of the Week https://www.nationalreview.com/2023/11/canadian-food-prices-passing-the-depreciated-buck/ Topic of the Week https://www.theguardian.com/world/2023/oct/31/french-couple-go-to-court-for-share-of-rare-african-masks-sale-price Words & Numbers Backstage https://www.facebook.com/groups/130029457649243/ More James at Smoke & Stories https://www.youtube.com/playlist?list=PLjILow4-ZJpBV-NnmSusZJ_vCuzKUJ4Ig More Ant on YouTube https://www.

Composer and musician Josh Nichols was annoyed when, on an earlier episode, James referred to “high culture,” and Ant said, “you mean the snooty stuff?” Being a classical composer and, importantly, making money at it, Josh joins us to set the record straight as to why we should all be more appreciative of “the snooty stuff.” Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com See More Ant and James! http://www.wordsandnumbers.org Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Topic of the Week https://www.windrep.org/Joshua_Nichols Words & Numbers Backstage https://www.facebook.com/groups/130029457649243/ More James at Smoke & Stories https://www.youtube.com/playlist?list=PLjILow4-ZJpBV-NnmSusZJ_vCuzKUJ4Ig More Ant on YouTube https://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://t

Fans are applauding Taylor Swift for contributing billions to the country’s GDP. Yet Taylor Swift (three-quarters of a billionaire) is doing less for the economy than what many billionaires, who we vilify, do. Why do we applaud one business person and vilify the other? Foolishness of the week: 09:33 Main episode: 14:24 Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com See More Ant and James! http://www.wordsandnumbers.org Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Quick Hits https://www.express.co.uk/news/world/1826637/uss-gerald-r-ford-steak-lobster-dinner-israel-hamas-middle-east Foolishness of the Week https://amp.theguardian.com/cities/2023/oct/11/culdesac-car-free-neighborhood-tempe-arizona Topic of the Week https://www.forbes.com/sites/hughmcintyre/2023/10/18/taylor-swifts-movie-outsold-the-next-50-top-grossing-movies-combined/?sh=6e90fc774e67 https://www.statista.com/chart/31033/key-figures-from-swifts-the-eras-tou

More than a decade ago, experts decided to change how students are taught to read. Without testing whether the new method worked or, apparently, even checking in with actual teachers, the experts forced the change. What resulted was a generation of children with reduced reading abilities. The experts have now reversed course. People make mistakes like this all the time. When the people who are making the decisions are the same people who live with the consequences of the decisions, errors get detected and fixed relatively quickly. There's nothing wrong with experts weighing in on the best way to do things. But when those experts are allowed to impose their wills on others, the people who live with the consequences are no longer the people making the decisions. What often results is decades of living with "solutions" that do more harm than good. Main episode: 06:47 Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com See More Ant and James! http://www.wordsandnumbers.org Show Y

From time to time, listeners write to tell us what we’ve gotten wrong. This week, we go back through predictions and analyses we’ve made that have turned out to be wrong. Main episode: 12:09 Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com See More Ant and James! http://www.wordsandnumbers.org Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Words & Numbers Backstage https://www.facebook.com/groups/130029457649243/ More James at Smoke & Stories https://www.youtube.com/playlist?list=PLjILow4-ZJpBV-NnmSusZJ_vCuzKUJ4Ig More Ant on YouTube https://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 #AntonyDavies #JamesRHarrigan #WordsAndNumbers #economics #government #politics #policy #libertarian #classicalliberal #podcast #educational  

Attorney Vince White joins us this week. Vince’s law firm does more workplace harassment and sexual discrimination cases than any other US law firm. His firm also handled some of the Harvey Weinstein cases. Interestingly, Vince is James’ former student. Foolishness of the week: 05:30 Main episode: 08:39 Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com See More Ant and James! http://www.wordsandnumbers.org Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Quick Hits https://www.goodnewsnetwork.org/for-first-time-water-produced-by-sunlight-to-be-even-cheaper-than-tap-water/ https://www.axios.com/2023/10/01/student-loan-payments-october-2023 Foolishness of the Week https://nbcmontana.com/news/connect-to-congress/meghan-markle-considering-run-for-sen-dianne-feinsteins-senate-seat-sources-say-duke-and-duchess-of-sussex-house-of-windsor-royal-family-prince-harry-gavin-newsom-california-los-angeles-family-leave-gun-safety-politics Topi

Robert Reich (not an economist) recorded a video recently in which he claims that the rich are not paying their fair share of Social Security. But the calculations he uses to prove his point are fundamentally flawed. Foolishness of the week: 09:54 Main episode: 12:57 Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com See More Ant and James! http://www.wordsandnumbers.org Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Quick Hits https://www.goodnewsnetwork.org/nasa-solid-state-battery-development-research-breakthrough/ https://www.cnn.com/2023/09/25/us/powerball-lottery-jackpot-millions-monday/index.html Foolishness of the Week https://www.cnn.com/2023/09/22/politics/fact-check-biden-every-mass-shooting/index.html https://abcnews.go.com/US/mass-shootings-days-2023-database-shows/story?id=96609874 Topic of the Week https://www.youtube.com/watch?v=GfZuB7XSFys Words & Numbers Backstage https://www.facebook.com/groups/130029457

Economist Bryan McCannon gives us two things to think about this week: his research into whether covid mask mandates saved lives, and that journal editors were afraid to publish his results. Foolishness of the week: 08:04 Main episode: 11:49 Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com See More Ant and James! http://www.wordsandnumbers.org Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Quick Hits https://abcnews.go.com/US/wireStory/california-fast-food-workers-20-minimum-wage-new-103099258 https://worldpopulationreview.com/state-rankings/cost-of-living-index-by-state https://apnews.com/article/climate-oil-gas-california-lawsuit-newsom-212d6d9873352f28094173a1974e3d90 Foolishness of the Week https://www.wbez.org/stories/how-a-city-run-grocery-store-in-chicago-could-work/91365f98-25de-4cd5-80e9-eae3fa627610 Topic of the Week Mask mandates https://sites.google.com/site/bryancmccannon Words & Numbers Backstage https://ww

Burning Man, a modern day Woodstock, occurs each year in the desert. This year brought 87,000 people together to live, if only for a few days, in a cooperative nirvana. We take some time to look at the Burning Man principles for living and ask whether they make any sense. Foolishness of the week: 05:21 Main episode: 11:44 Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com See More Ant and James! http://www.wordsandnumbers.org Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Quick Hits https://www.iflscience.com/linguists-speak-of-a-new-language-dialect-evolving-in-the-us-70586 Foolishness of the Week https://sourcenm.com/briefs/n-m-governor-declares-state-of-emergency-over-gun-violence/ https://ibis.doh.nm.gov/indicator/view/DthRateLdgCause.Year.Cause.html https://everystat.org/wp-content/uploads/2021/02/Gun-Violence-in-New-Mexico-2.9.2021.pdf Topic of the Week https://survival.burningman.org/culture/the-10-principles/ https://

Union membership in the private sector has been declining for decades, while union membership in the public sector has been increasing. This is consistent with workers voluntarily choosing not to unionize to the point that unions must turn to government jobs where it is easier to force workers to unionize. Foolishness of the week: 04:20 Main episode: 10:03 Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com See More Ant and James! http://www.wordsandnumbers.org Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Quick Hits https://www.nbcnews.com/news/us-news/climate-change-activists-blockaded-burning-man-accuse-police-excessive-rcna102370 Foolishness of the Week https://www.msnbc.com/the-reidout/reidout-blog/pope-francis-conservatives-united-states-rcna102452 Topic of the Week Declining union membership https://www.statista.com/statistics/195339/number-of-union-members-in-the-us-since-2000/ https://www.statista.com/statistics/19534

The Republicans held their first primary debate. What they said wasn’t interesting. What they didn’t say was. Foolishness of the week: 07:00 Main episode: 09:10 Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com See More Ant and James! http://www.wordsandnumbers.org Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Quick Hits https://thehill.com/policy/energy-environment/4171633-ceiling-fan-efficiency-rule-draws-ire-of-house-republicans/ https://finance.yahoo.com/news/urban-doom-loop-could-pose-105045782.html Foolishness of the Week https://www.nbcnews.com/politics/joe-biden/biden-advisers-bristle-newsoms-plan-debate-desantis-rcna101799 Topic of the Week GOP Primary Debate https://www.youtube.com/watch?v=ccPDCzJuLgI Words & Numbers Backstage https://www.facebook.com/groups/130029457649243/ More James at Smoke & Stories https://www.youtube.com/playlist?list=PLjILow4-ZJpBV-NnmSusZJ_vCuzKUJ4Ig More Ant on YouTube https://www

Economist Art Carden joins us this week to talk about his popular book, Strangers With Candy. Foolishness of the week: 04:27 Main episode: 18:01 Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com See More Ant and James! http://www.wordsandnumbers.org Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Quick Hits https://fortune.com/2023/07/06/wealthy-leaving-china-education-school-sisb-stock-surge-singapore-thailand/ https://www.statista.com/statistics/372900/number-of-chinese-students-that-study-in-the-us/ https://www.fraserinstitute.org/economic-freedom/map?geozone=world&page=map&year=2020&countries=THA,CHN,USA https://reason.com/2023/08/21/chinas-industrial-policy-is-failing-will-american-politicians-take-notice/ https://www.cnbc.com/2023/08/21/american-workers-are-demanding-almost-80000-a-year-to-take-a-new-job.html Foolishness of the Week https://twitter.com/RobertKennedyJr/status/1693274613541671350 Topic of the

Michael Semanchik, Director of the Innocence Center, joins us to talk about freeing the wrongfully imprisoned, and reforming the criminal justice system to reduce the likelihood of wrongful convictions. Foolishness of the week: 06:13 Main episode: 07:09 Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com See More Ant and James! http://www.wordsandnumbers.org Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Quick Hits https://www.youtube.com/watch?v=sqSA-SY5Hro https://www.staradvertiser.com/2023/08/07/hawaii-news/emergency-declaration-prohibits-price-gouging-lawyer-says/ https://www.outkick.com/oliver-anthony-rich-men-north-of-richmond-song-lyrics-viral-video/ Foolishness of the Week https://sfstandard.com/2023/08/11/san-francisco-robotaxi-cruise-debauchery/ Topic of the Week Mike Semanchik https://www.linkedin.com/in/michael-semanchik/ California Innocence Project Podcast https://legaltalknetwork.com/podcasts/cipp/ Innocence Cent

The point of communicating is to transfer thoughts from one person’s brain to another. In most forms of human communication, words are the tools we use. But if the two people don’t share common definitions of words, then communication becomes clouded. The most extreme case is when two people speak very different languages. But miscommunication often happens when both people speak the same language. If we hope to resolve, or at least come to peaceful disagreement, over topics from gun control to gender, we have to make a concerted effort to agree on definitions before debating the topics. Main episode: 12:34 Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com See More Ant and James! http://www.wordsandnumbers.org Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Quick Hits http://www.worldgovernmentbonds.com/credit-rating/united-states/ Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com See More Ant a

The Constitution sets lower age limits for members of Congress and the President, but sets no upper limits. Before modern medicine, this wasn’t as much of a problem as people’s bodies tended not to outlive their minds. Today, it’s becoming a problem. Foolishness of the week: 05:30 Main episode: 09:35 Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com See More Ant and James! http://www.wordsandnumbers.org Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Topic of the Week https://en.wikipedia.org/wiki/List_of_presidents_who_did_not_win_reelection https://socialsci.libretexts.org/Bookshelves/Political_Science_and_Civics/Attenuated_Democracy_(Hubert)/08%3A_Electoral_Politics_and_Public_Opinion/8.07%3A_Chapter_55-_The_Advantages_of_Incumbency https://en.wikipedia.org/wiki/List_of_presidents_of_the_United_States_by_age https://www.ssa.gov/oact/TR/2012/lr5a4.html https://www.msn.com/en-us/news/politics/a-confus