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30 episodes with basic economics
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2 episodes with basic economics
2 episodes with basic economics
2 episodes with basic economics
2 episodes with basic economics
FAN MAIL--We would love YOUR feedback--Send us a Text MessageHeadlines can heat the blood; evidence steadies the mind. We step back from election drama to explore Thomas Sowell's lifetime of clear thinking on prices, incentives, culture, and the hard truth that there are no solutions—only trade-offs. From a hardscrabble childhood and a GED to Harvard, Chicago, and the Hoover Institution, Sowell's journey shapes a method: test claims against outcomes, not intentions. That approach leads us into the politics of “affordable” promises, why price signals matter, and how well-meaning policies can shrink the very prosperity they aim to expand.We dig into Sowell's early work at the Department of Labor and his influential findings on minimum wage effects for low-skilled workers, especially black teenagers. We read from The Thomas Sowell Reader to unpack the affordability fallacy and trace the historical costs of price controls that produced shortages and hunger. Then we widen the lens: the welfare state's incentive problem, the constrained versus unconstrained visions from A Conflict of Visions, and what Hayek's knowledge problem tells us about why markets outperform central planning by discovering information rather than pretending to possess it.Culture, too, plays a pivotal role. We discuss patterns highlighted in Black Rednecks and White Liberals, the portability of skills across migrant communities, and the controversy and clarity around affirmative action mismatch and outcomes after California's Prop 209. Through it all, we keep returning to Sowell's style: relentlessly empirical, comparative across countries and centuries, and immune to flattery or faction. If you're ready to think harder, start with Basic Economics, then move to A Conflict of Visions, and let the data change your mind where it should.If this conversation sharpened your thinking, follow the show, share it with a friend who loves big ideas, and leave a review so more curious listeners can find us.Key Points from the Episode:• Sowell's early life, military service, and academic rise • Lessons from labor economics and minimum wage data • The “affordable” fallacy and the role of price signals • Historical failures of price controls and shortages • Trade-offs versus intentions in welfare policy • Constrained and unconstrained visions of human nature • Culture, skills, and group outcomes across countries • Affirmative action mismatch and graduation rates • Hayekian knowledge, markets, and adaptation • Recommended books and a reading path for newcomersOther resources: Want to leave a review? Click here, and if we earned a five-star review from you **high five and knuckle bumps**, we appreciate it greatly!
หนังสือ Basic Economics: A Common Sense Guide to the Economy ของ Thomas Sowell - นักเศรษฐศาสตร์ชาว แอฟริกัน-อเมริกัน ที่ได้ขนานนามว่าเป็นผู้ที่ขับเคลื่อนความรู้ทางเศรษฐกิจ - สามัญสำนึกของเศรษฐศาสตร์นั้นเป็นอย่างไร แล้วเราควรจะมีความรู้สามัญมากน้อยเพียงใด - เมื่อความลำบากยากจนนำพาให้เรารู้จักคำว่า ระบบทุนนิยม มันจึงเป็นทางออกของชีวิตว่าทุนนิยมทำร้ายหรือช่วยเรามากน้อยเพียงใด - การเมืองเป็นตัวชี้นำเศรษฐกิจ แต่ว่าก็เป็นตัวปัญหาของระบบตลาดเสรีอีกทีหนึ่งด้วย รวมไปถึงมันอาจจะเป็นส่วนต่อขยายของการแบ่งแยก - ทั้งนี้ หนังสือเล่มนี้ควรค่าแก่การซื้อมาอ่าน และก็เก็บอย่างยิ่ง เพราะมันคือทั้งหมดที่เราควรเข้าใจ
In this week's episode, I am joined by Dr. Cahal Moran, the man behind the YouTube channel “Unlearning Economics,” and author of the recent book “Why We're Getting Poorer: A Realist's Guide to the Economy and How We Can Fix It.” In this podcast, I ask Cahal how he went from being an economist to debunking “Basic Economics” on YouTube. We also talk about modern China, the future of capitalism, what the left and right get wrong when it comes to Economics, “Marxism without the rubbish bits,” and possible solutions to our chronic crisis. In The Backroom exclusive podcast on Patreon, Cahal and I discuss Modern Monetary Theory (MMT), UBI vs the Job Guarantee, the prospects of Economic Planning, Worker-Co-ops, and the question of “socialist” alternatives to capitalism. Become a Patron at Patreon.com/OneDime if you haven't already!Timestamps: 00:00 Why Succession is Anti-Capitalist (The Backroom Preview)03:15 Cahal Moran: The Mind Behind Unlearning Economics05:35 Breaking from Mainstream Economics08:20 What “LeftTube” Lacks 12:43 The Myths of “Basic Economics”17:22 The Impact of YouTube on Economic Discourse25:34 Has Capitalism Made Us Richer or Poorer? 33:40 China's Economic Model and Global Comparisons44:40 Germany's Economic Model vs the UK: Challenges47:36 The EU and Brexit52:17 Modern Monetary Theory (MMT)01:03:27 Land Value Tax: A Viable Policy 01:20:20 Addressing Inflation01:27:49 How Does Cahal Identify Politically? 01:39:08 Transition to The BackroomCheck Out Cahl's Book: https://www.amazon.com/Why-Were-Getting-Poorer-bestelling-ebook/dp/B0DD26S8VRCheck out Unlearning Economics on YouTube: https://www.youtube.com/@unlearningeconomics9021/featuredFollow me on X: https://x.com/1DimeOfficial: Follow me on Instagram: instagram.com/1dimemanCheck out my main channel videos: https://www.youtube.com/@1DimeeOutro Music by Karl CaseyGive 1Dime Radio a 5-star Rating if you enjoy the show!Leave a like and a comment if you enjoy the show!
Richard Tooth has a plan—save 300 lives a year on Australian roads. How? By using economic ideas to align risks and incentives better.Take a look at the chart below. People who die on Australia's roads are young. Preventing a road death would save 40-50 years of life on average. That's big. Cancer treatments typically save 4-10 life years, then we get five to ten times the life gains from preventing a road death as many deaths from diseases. I learnt from Richard that people will change their behaviour on the roads, either by driving more carefully, choosing a safer vehicle, or choosing not to drive at all, given the incentive to do so. But how to improve people's incentives? Richard argues we can do this by changing how we regulate insurers. Give the insurers the right incentives for road-safety and they'll encourage people to make better safer choices.And it works. He points out that relative to Australia insurers in the United Kingdom have greater – but still not optimal - incentives for road safety. In the United Kingdom insurers try to save money on payouts by offering discounted vehicle insurance to young drivers who opt in to telematics, a tool on your vehicle or phone that tracks your driving behaviour (braking, speed, acceleration, etc), which changes behaviour and only the whole reduces risks for all road users. Here's a working paper of Richard's about changing the way insurance functions to align the incentive of insurers with reducing road injuries and fatalities, using the insurance relationship to incentivise safer driving choices. It makes sense. Although I sometimes wonder whether such marginal changes make big differences, the fact that risk on the roads is heavily skewed by age and across people means that such incentives can have tangible effects on aggregate risks by focussing on those key people. To give a sense of the scale of the benefits, Richard reckons that such incentive changes through insurance could reduce the road toll in the range of 20% to 40%, saving 300 lives of the 1,300 lives taken on the roads each year and preventing a similar proportion of the 40,000 road injuries. In all, he reckons there are about $20 billion of benefits from better incentives to reduce overall road risks, while the cost of these changes would be extremely low. If you have an interest in this policy area, please reach out and I can put you in touch with Richard.For those who want to dig more into the topics we discussed, try these links* The 2021-22 Parliamentary Inquiry into Road Safety. Note its the Committee's Recommendation 26:The committee recommends that the Australian Government work with state and territory governments, the insurance industry and other road safety stakeholders to investigate opportunities to reform motor vehicle insurance and to develop a roadmap towards policy and law reform.The Government responded in October 2023.The Australian Government will raise this recommendation with the state and territory governments, who are responsible for compulsory third-party insurance.* The Bureau of Infrastructure and Transport Research Economics (BITRE) publishes an annual report that compares Australia's road safety performance with that of other OECD nations. Find it here. The BITRE also reports on the social cost of road crashes, and you can find that here.* We spoke of the Tullock Spike and how decreasing risks for drivers in the road makes them behave in a way that increases the risks for others. This article on the Peltzman Effect describes the incentives at play. As always, please like, share, comment, and subscribe. Thanks for your support. Find Fresh Economic Thinking on YouTube, Spotify, and Apple Podcasts. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.fresheconomicthinking.com/subscribe
In this episode of Good Morning Liberty, hosts Nate Thurston and Charles 'Chuck' Thompson discuss a range of current events and issues. They cover Bernie Sanders' recent rally attendance and rhetoric, the recent attacks on Tesla and Elon Musk, and the debate over credit card interest rate caps. The hosts also delve into the left's use of violence in protests, the ongoing fiscal challenges facing the U.S. government, and the public's reaction to economic policies. Along the way, they emphasize the importance of spreading ideologically grounded principles of free markets and individualism. Tune in for a deep dive into these pressing topics and more. (03:10) Bernie Sanders on Oligarchy and Greed (10:06) Market Reactions and Economic Commentary (12:52) Violence and Protests: A Political Analysis (26:02) Credit Card Interest Rate Cap Proposal (31:29) Interest Rates and Basic Economics (36:19) The Ideological Divide: Free Markets vs. Government Control (38:05) The Importance of Spreading the Right Ideology (41:41) Ayn Rand's Perspective on Democracy and Government Links: https://gml.bio.link/ YOUTUBE: https://bit.ly/3UwsRiv RUMBLE: https://rumble.com/c/GML Check out Martens Minute! https://martensminute.podbean.com/ Follow Josh Martens on X: https://twitter.com/joshmartens13 Join the private discord & chat during the show! joingml.com Bank on Yourself bankonyourself.com/gml Get FACTOR Today! FACTORMEALS.com/factorpodcast Good Morning Liberty is sponsored by BetterHelp! Rediscover your curiosity today by visiting Betterhelp.com/GML (Get 10% off your first month) Protect your privacy and unlock the full potential of your streaming services with ExpressVPN. Get 3 more months absolutely FREE by using our link EXPRESSVPN.com/GML
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Listen to Bo Snerdley's Rush Hour from Thursday, August 15th, 2024. Learn more about your ad choices. Visit megaphone.fm/adchoices
Listen to Bo Snerdley's Rush Hour from Thursday, August 15th, 2024. Learn more about your ad choices. Visit megaphone.fm/adchoices
"A Common Sense Guide to the Economy"
TT: In this episode, the teenagers (Deven and Ethan) discuss the differences between capitalism and communism, focusing on the concepts of freedom versus control. They also talk about how capitalism rewards those who provide value and work hard, while communism promises "fairness" but ends up hurting people in many ways. www.RealPowerFamily.com Info@ClearSkyTrainer.com 833-Be-Do-Have (833-233-6428) Also check out Basic Economics by Thomas Sowell: https://a.co/d/8niVWxO
Norma and Norma need to understand, this economy isn't a Joe Biden problem, the money is gone. Educating the masses on the basics of economics. The Biden Administration unveiled the largest relief package to illegals ever. How is George Soros allowed to do what he does in America?See omnystudio.com/listener for privacy information.
Episode Description:In this special episode of "The James Altucher Show," James shares his unique commentary on surprisingly impactful media that has imparted valuable life and business lessons. Through an in-depth analysis of scenes from iconic movies and insights from legendary figures, James reveals how these media moments have influenced his thinking and strategies. Listeners will discover practical and transcendent lessons that aren't typically found in conventional self-help resources. Whether it's the strategic use of cognitive biases in "8 Mile" or the unfiltered wisdom of Bill Murray, this episode offers a treasure trove of insights that can elevate your performance in life and business.What You'll Learn:How cognitive biases can be leveraged in various aspects of life from negotiation to personal branding, exemplified by a scene from "8 Mile."The importance of embracing spontaneity and fearlessness, inspired by the life and career of Bill Murray.The enduring power of persistence and passion, illustrated by the longevity and success of The Rolling Stones.Essential storytelling techniques from Stan Lee that can enhance your communication and influence.The concept of the hero's journey and how to apply it to your own life challenges.Chapters:00:01:30 - Cognitive Biases in "8 Mile"00:09:42 - Life Lessons from Bill Murray00:15:35 - The Secrets of The Rolling Stones' Longevity00:22:19 - Stan Lee's Hero's Journey: A Blueprint for SuccessAdditional Resources:Bill Murray on IMDbRolling Stones Official WebsiteStan Lee's Hero's Journey ExplainedEminem's "8 Mile" on IMDb ------------What do YOU think of the show? Head to JamesAltucherShow.com/listeners and fill out a short survey that will help us better tailor the podcast to our audience!Are you interested in getting direct answers from James about your question on a podcast? Go to JamesAltucherShow.com/AskAltucher and send in your questions to be answered on the air!------------Visit Notepd.com to read our idea lists & sign up to create your own!My new book, Skip the Line, is out! Make sure you get a copy wherever books are sold!Join the You Should Run for President 2.0 Facebook Group, where we discuss why you should run for President.I write about all my podcasts! Check out the full post and learn what I learned at jamesaltuchershow.com------------Thank you so much for listening! If you like this episode, please rate, review, and subscribe to “The James Altucher Show” wherever you get your podcasts: Apple PodcastsiHeart RadioSpotifyFollow me on social media:YouTubeTwitterFacebookLinkedIn
In today's episode we explore the theme of “Honesty.” Sowell wrote about honesty in his latest book “Social Justice Fallacies,” and also in his 2000 classic “Basic Economics.” In addition, his 1993 collection of essays called “Is Reality Optional?” contains an essay about honesty which has a very unexpected spin to it.We learn that honesty is not just a moral virtue, it's also a form of human capital that varies greatly from culture to culture and from group to group within a particular culture.I explore themes from those 3 Sowell books and I interview Dan Ariely, author of "The Honest Truth about Dishonesty: How we lie to everyone, especially ourselves," published in 2012. Notes to help you get the most out of this episode:• My three favorite Dan Ariely books;1. "Predictably Irrational" (2008)2. "The Upside of Irrationality" (2010)3. "The Honest Truth about Dishonesty" (2012)• This episodes' song list:1. "Honesty" by Billy Joel2. PS22 Children's Choir rendition of "Honesty" 3. "A Matter of Trust" by Billy Joel4. "Honesty" Saxaphone Cover by Max Sax5. "Honor Pledge Song" by Princeton Triangle Club 6. "Honesty" orchestral version by the Japanese Army Band 7. "One Piece at a Time" by Johnny Cash 8. "And So it Goes" by Billy Joel 9. "Piano Man" by Billy Joel 10. "She's Always a Woman" by Billy Joel 11. "Lullabye" by Billy Joel12. "Scenes from an Italian Restaurant" by Billy Joel 13. "Two Thousand Years" by Billy Joel 14. "An Innocent Man" by Billy Joel15. "Honesty" Violin cover by ShikiTHERE ARE 3 WAYS TO SUPPORT THE PODCAST:1) Support the show financially by subscribing with a monthly contribution on Patreon: www.Patreon.com/SowellGeniusThe money raised through Patreon supports our efforts to popularize the books and ideas of Thomas Sowell.----------------------------------------------2) Rate and review the podcast on Apple Podcasts. This helps a lot by nudging the show to the top of Google searches. I really appreciate the many positive reviews, especially this one by Jonsby: "This is one of the few podcasts that I actually slow down so I can savor it!"----------------------------------------------3) Purchase our Thomas Sowell Post It Note pads: You can find all 300+ digital images of the post it notes HERE, feel free to download them and use them however you like.To purchase pads of printed post it noteSupport the show• Text the show: (646) 780-9104• Tweet me at @alanwolan• Email me at WolanAlan@gmail.com• Support the show at https://www.patreon.com/SowellGenius• Purchase podcast merch at https://www.etsy.com/shop/GeniusSowell• See all my links at www.alanwolan.com
District 6 Candidate for Senate Ben Carper Responds to Timmons 0:00.000 Text Line Responds to Timmons TSA Interview 8:58.391 Death to America Democrats 17:46.574 Basic Economics with Tara 27:18.933
Princeton “historian” Allen C. Guelzo's newest hagiography of Abraham Lincoln focuses on Lincoln's supposed love affair with commerce, albeit “commerce” based upon protectionism and government tariffs. As David Gordon notes, Guelzo has a problem getting his economic history correct.Original Article: Misunderstanding Both Lincoln and Basic Economics
Princeton “historian” Allen C. Guelzo's newest hagiography of Abraham Lincoln focuses on Lincoln's supposed love affair with commerce, albeit “commerce” based upon protectionism and government tariffs. As David Gordon notes, Guelzo has a problem getting his economic history correct.Original Article: Misunderstanding Both Lincoln and Basic Economics
Princeton “historian” Allen C. Guelzo's newest hagiography of Abraham Lincoln focuses on Lincoln's supposed love affair with commerce, albeit “commerce” based upon protectionism and government tariffs. As David Gordon notes, Guelzo has a problem getting his economic history correct. Narrated by Millian Quinteros.
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Chapter 1 What's Basic Economics"Basic Economics: A Common Sense Guide to the Economy" is a book written by Thomas Sowell, an American economist and social theorist. Published in 2000, the book presents fundamental principles of economics and provides a comprehensive overview of how economies work, covering topics like supply and demand, market prices, economic systems, international trade, taxes, and government regulations. Sowell's aim is to present economics in a clear, accessible, and non-technical way, making it a popular introductory economics book for students and general readers interested in understanding the basics of economic principles.Chapter 2 Why is Basic Economics Worth ReadThere are several reasons why Basic Economics by Thomas Sowell is worth reading:1. Clear and concise explanations: Sowell has a talent for breaking down complex economic concepts into simple and easily understandable language. He uses real-world examples and anecdotes to illustrate his points, making it easier for readers to grasp the concepts without getting overwhelmed by technical jargon.2. Comprehensive coverage: The book covers a wide range of economic topics, including supply and demand, price controls, inflation, international trade, and the role of government in the economy. This breadth of coverage ensures that readers gain a solid understanding of the key principles and issues in economics.3. Balanced perspective: Sowell provides a balanced and nuanced perspective on economic issues, considering different schools of thought and examining both the benefits and drawbacks of various policies. He presents multiple sides of debates and encourages readers to think critically and make informed judgments.4. Relevance to everyday life: Although Basic Economics is an introductory book, it is not disconnected from real-world applications. Sowell constantly relates economic concepts to everyday situations, such as the price of goods, the impact of taxes, and the consequences of government regulations. This helps readers see the direct relevance of economics in their daily lives.5. Timeless insights: Despite being first published in 2000, Basic Economics remains highly relevant today. Economic principles and concepts don't change, and Sowell's analysis stands the test of time. His book continues to provide valuable insights and understanding of economic issues that are still prevalent in modern society.Overall, Basic Economics by Thomas Sowell is worth reading because of its clear explanations, comprehensive coverage, balanced perspective, relevance to everyday life, and timeless insights. It is a valuable resource for anyone looking to understand the fundamental principles of economics and their impact on society.Chapter 3 Basic Economics Summary"Basic Economics" by Thomas Sowell is a comprehensive introduction to the field of economics, providing readers with an understanding of basic economic principles and their applications in various contexts.The book begins by emphasizing the importance of studying economics, as it is relevant to individuals, businesses, and society as a whole. It then delves into the concept of scarcity, explaining how resources are limited and must be allocated efficiently to satisfy unlimited wants and needs.Sowell introduces readers to the principles of supply and demand, explaining how prices fluctuate based on these forces. He explores the concept of market economies and the role of competition in promoting innovation and efficiency. The book also covers topics such as government intervention in markets, the impact of taxes and regulations, and the importance of property rights.Sowell uses real-world examples and historical anecdotes to illustrate...
Today on Financial Revelations: - Winner of the $50 gift card for best question on "Should core beliefs be a consideration to investors?". Congratulations to Charles from Florida! - Basic Economics and how it applies to America - His 6 point plan to save America Drill/explore to get natural gas Shut down the southern border to illegal immigration and expedite those we want and need coming in End war in Ukraine and invest the money here Bring down the National Debt to 10-15 Trillion Need fair trade Vote out Biden Mission trip to Brazil in the works. To support or find out more information please go to: www.nativosusa.org As always you can listen to David every Thursday on WCRF Cleveland 103.3 from 8AM - 9AM or on the Moody Radio App. Email questions to Kory@epsf.com Twitter @skibucks1
Book Club Time! Today on Financial Revelations David adds Basic Ecomics by Thomas Sowell to the "Must Read" list. Sowell is a conservative economist who teaches at Stanford and has great insight and real world applications on todays economy. Basic Economics by Thomas Sowell David also answers a listener question about investing in beliefs. CONTEST CONTEST CONTEST Do not forget to email or call us with your financial questions to enter to win a $50 Visa Gift Card. Winner will be selected and announced the week of September 4th. Email: Kory@epsf.com Call us at (800) 344-2534 Amazon Well Dig information: Nativosusa.org
In this episode of the Spoiled Girlie Support Group podcast, Elle dives into the topic of why men want traditional women but are not traditional themselves. She explores the concept of high value dating and the misconceptions that come with it, including the assumption that women are marrying for money. Elle breaks down how being a provider is a mindset and how money is a sensitive topic for men. Throughout the episode, Elle provides valuable insights and strategies for navigating the dating market as a financially secure spoiled girlie. She discusses the importance of choosing a success-minded man, not just a rich man, and avoiding men who don't understand the assignment. She also shares tips on how to protect yourself from men who attack the concept of your male protection and how to recognize when people are projecting onto you. As always, Elle provides a unique perspective on these topics and encourages listeners to cater their marketing to only the best people. She reminds us that being single is not an insult and that being single is better than being miserable and bitter. Tune in for a thought-provoking discussion on high value dating and how to get that bag while securing your own bag. Don't forget to like, comment, and subscribe for more content like this!
Don't miss this fascinating conversation w/RC Williams of SherlocExposes.com ! Elites in the federal government hate cash because they hate Americans who love freedom. Cash provides privacy, an easy way for individuals to settle debts or sell goods without big govt intrusion; cash can't be taxed or tracked, preventing Uncle Sam from getting involved in petty transactions. On the other hand, CBDCs allow big govt to track and control every penny you earn, save and spend. They're also a powerful tool for politicians to take and redistribute your hard earned paycheck as they see fit. CBDCs allow centralized govt controlled banks to impose negative interest rates where you essentially pay the bank for holding your money! Not to mention, CBDCs have an expiration date and enable ESG scores to be imposed on you if you don't bow down to Uncle Sam. WATCH AND SUBSCRIBE TO OUR YOUTUBE CHANNEL https://www.youtube.com/@carljacksonshowandblog More: www.TheCarljacksonshow.com Facebook: https://www.facebook.com/thecarljacksonshow Twitter: https://twitter.com/carljacksonshow Parler: https://parler.com/carljacksonshowSee omnystudio.com/listener for privacy information.
The Rich Zeoli Show- Hour 2: On Monday, Florida Governor Ron DeSantis announced a proposal that would prevent teacher unions from automatically deducting union dues from teacher paychecks without prior consent. Governor Ron DeSantis defended his decision to force the Florida Department of Education to alter its AP African American Studies course for public high schools. DeSantis explained the proposed course includes things like “queer theory” and “abolishing prisons”—topics not relevant to African American history. Much of the course simply amounts to a far-left political agenda being pushed on children while in the classroom. The Daily Wire writes of the proposed course, “[t]he College Board has so far declined to publicly release the African American studies curriculum, asserting that the material contains proprietary information. The course is expected to undergo changes before any nationwide implementation.” Rich and Matt can't stop talking about how much they admire Thomas Sowell. What's the better book, “Basic Economics” or “A Conflict of Visions”? In an opinion editorial featured in The Wall Street Journal, Philadelphia 76ers President Daryl Morey warned that freedom of speech is under attack on college campuses across the country—specifically his alma mater the Massachusetts Institute of Technology (MIT). Morey writes, “[i]f MIT faculty, who are at the cutting edge of science and technology, can't count on their employer to defend open inquiry, it might prevent them from taking innovative risks. This, in turn, would stymie technological progress and the education of the next generation of innovators.”
The Rich Zeoli Show- Full Episode (01/24/2023): 3:05pm- On Tuesday, it was reported that classified documents were found by aides to former Vice President Mike Pence at his Indiana home. A representative for Pence said the former VP “inadvertently boxed and transported” the documents to his home at the conclusion of his service in the Trump Administration in 2017. 3:15pm- Joe Biden, Mike Pence, and Donald Trump have all been accused of mishandling classified documents after leaving public office. As Rich notes, an important difference between former President Donald Trump's possession of classified documents—his ability to declassify. 3:30pm- In the case of Joe Biden, it's not just the mere possession of classified documents, it's the White House's seeming attempt to cover it up—or at least preventing the story from going public until after the 2022 midterm elections. 3:35pm- Appearing on PBS with Margaret Hoover, historian and former Biden adviser John Meacham stated that the discovery of Joe Biden's mishandling of classified documents “neutralizes” any criticism of Donald Trump for doing something similar. 3:50pm- During Tuesday's press briefing, Fox News reporter Peter Doocy peppered White House Press Secretary Karine Jean-Pierre with questions regarding President Biden's mishandling of classified documents. After each question, Jean-Pierre referred Doocy to the White House Counsel for answers. 4:05pm- On Monday, Florida Governor Ron DeSantis announced a proposal that would prevent teacher unions from automatically deducting union dues from teacher paychecks without prior consent. 4:10pm- Governor Ron DeSantis defended his decision to force the Florida Department of Education to alter its AP African American Studies course for public high schools. DeSantis explained the proposed course includes things like “queer theory” and “abolishing prisons”—topics not relevant to African American history. Much of the course simply amounts to a far-left political agenda being pushed on children while in the classroom. The Daily Wire writes of the proposed course, “[t]he College Board has so far declined to publicly release the African American studies curriculum, asserting that the material contains proprietary information. The course is expected to undergo changes before any nationwide implementation.” 4:25pm- Rich and Matt can't stop talking about how much they admire Thomas Sowell. What's the better book, “Basic Economics” or “A Conflict of Visions”? 4:40pm- In an opinion editorial featured in The Wall Street Journal, Philadelphia 76ers President Daryl Morey warned that freedom of speech is under attack on college campuses across the country—specifically his alma mater the Massachusetts Institute of Technology (MIT). Morey writes, “[i]f MIT faculty, who are at the cutting edge of science and technology, can't count on their employer to defend open inquiry, it might prevent them from taking innovative risks. This, in turn, would stymie technological progress and the education of the next generation of innovators.” 5:00pm- According to a report from The Daily Wire, the European Union has approved “cricket powder” as a food additive to boost protein in consumer diets. The powder is now permitted to be placed in foods like bread, chocolate, soups, and cereal bars. 5:10pm- Who is eating bugs? Hollywood celebrities, of course! 5:30pm- In the absence of school choice, the government possesses a monopoly on education. Rich's rant is temporarily interrupted by Henry's story about dating an Olympian… 5:45pm- While speaking with Nora O'Donnell on CBS News, California Governor Gavin Newsom referred to the 2nd Amendment as a “suicide pact.” 5:55pm- Zeoli is preempted for sports.
Bạn hữu có thể tìm đọc Basic Economics: kinh tế học cơ bản, a bờ cờ, kinh tế học nhập môn cho nhà đầu tư: https://bit.ly/bk-basic-tk Cùng các cuốn sách về đầu tư, kinh doanh và phát triển bản thân khác trên: Webshop của Happy Live: https://shop.happy.live/ Hoặc các gian hàng chính hãng của Happy Live trên Tiki, Shopee và Lazada
VÌ SAO TRUNG QUỐC MỞ CỬA MÀ GIÁ DẦU VẪN CHƯA TĂNG? Ngành du lịch và hàng hóa thế giới hứa hẹn khởi sắc sau khi Trung Quốc nới lỏng và mở cửa biên giới sau 3 năm Zero Covid. Việc tái mở cửa này của Trung Quốc tác động như thế nào tới kinh tế giới và nhà đầu tư? Xem nhé bạn hữu!
TUẦN GIAO DỊCH ĐƯA ÔNG CÔNG ÔNG TÁO VỀ TRỜI CỦA CHỨNG KHOÁN VIỆT Có điều gì nhà đầu tư Việt cần chú ý và bài học quá khứ nào nên được nhìn lại trong tuần lễ đưa ông Công ông Táo về trời? Xem nhé bạn hữu!
It's totally mindblowing to me how people could actually be happy that their fellow citizens and business are being robbed for more cash by the long pen15 of the establishment. It's off the rails, Bill! Clowns running the asylum in 2023, I tell ya. --- Send in a voice message: https://anchor.fm/takenaps/message Support this podcast: https://anchor.fm/takenaps/support
LÃI SUẤT 2023 SẼ ĐI VỀ ĐÂU? Video này là góc nhìn của tôi về mức lãi suất của FED 2023 cũng như lãi suất VNĐ và tác động của nó lên thị trường chứng khoán năm tới. Đón xem nhé bạn hữu!
ĐỂ MỘT NĂM QUÝ MÃO ĐẠI LỘC ĐẠI PHÁT Hộp sách Đại Lộc Phát là bộ sản phẩm tri thức được đội ngũ Happy Live chúng tôi lên ý tưởng và thiết kế với thông điệp gửi gắm đầy hy vọng cho năm Quý Mão 2023: “Trăm điều may mắn – vạn sự thành công – bách sự giàu có”.
PMI LÀ GÌ? PMI GIẢM 2 THÁNG LIÊN TIẾP LIỆU CÓ ĐÁNG NGẠI? Chỉ số Quản lý Thu mua PMI tháng 12 giảm còn 46,4 điểm, tương đương giai đoạn 2012-2013, điều này có đáng để nhà đầu tư dấy lên lo ngại? Rút ra điều gì khi nhìn sâu vào chỉ số đo lường “sức khỏe” kinh tế của ngành sản xuất PMI? Xem nhé bạn hữu! *Tìm đọc các cuốn sách đầu tư của Happy Live trên: ▪️ Website Happy Live: http://bit.ly/tu-sach-Happy-Live ▪️ Cửa hàng ở Tiki:http://bit.ly/gian-hang-happy-live-o-... Hoặc các gian hàng chính hãng của Happy Live trên Shopee và Lazada ⭕ Tìm hiểu và đăng ký sử dụng giải pháp hỗ trợ đầu tư Kungfu Stocks Pro tại đây: https://bit.ly/Kungfu-Stocks-Pro
THẤT BẠI, THUA LỖ NẶNG NỀ! *Tìm đọc các cuốn sách đầu tư của Happy Live trên: ▪️ Website Happy Live: http://bit.ly/tu-sach-Happy-Live ▪️ Cửa hàng ở Tiki:http://bit.ly/gian-hang-happy-live-o-... Hoặc các gian hàng chính hãng của Happy Live trên Shopee và Lazada ⭕ Tìm hiểu và đăng ký sử dụng giải pháp hỗ trợ đầu tư Kungfu Stocks Pro tại đây: https://bit.ly/Kungfu-Stocks-Pro
NHỮNG SAI LẦM TÀI CHÍNH CÁ NHÂN 2022! CẦN LÀM GÌ? Những sai lầm tai hại về tài chính cá nhân và đầu tư mà nếu vấp phải sẽ không thể nào khiến bạn giàu có được! Bạn có mắc sai lầm nào trong số này? Theo dõi video này nhé! *Tìm đọc các cuốn sách đầu tư của Happy Live trên: ▪️ Website Happy Live: http://bit.ly/tu-sach-Happy-Live ▪️ Cửa hàng ở Tiki:http://bit.ly/gian-hang-happy-live-o-... Hoặc các gian hàng chính hãng của Happy Live trên Shopee và Lazada ⭕ Tìm hiểu và đăng ký sử dụng giải pháp hỗ trợ đầu tư Kungfu Stocks Pro tại đây: https://bit.ly/Kungfu-Stocks-Pro
Worldcup vừa kết thúc, Argentina vô địch, Pháp thất bại, Brazil thất bại. Vậy kẻ bại trận và người chiến thắng có đặc điểm gì mà nhà đầu tư có thể liên tưởng và học hỏi, đặc biệt trong bối cảnh thị trường hiện tại? Cùng coi video này nhé bạn! Nếu bạn muốn học về chứng khoán, hãy tìm ĐỌC các quyển sách hay nhất về đầu tư theo link: *Tìm đọc các cuốn sách đầu tư của Happy Live trên: ▪️ Website Happy Live: http://bit.ly/tu-sach-Happy-Live ▪️ Cửa hàng ở Tiki:http://bit.ly/gian-hang-happy-live-o-... Hoặc các gian hàng chính hãng của Happy Live trên Shopee và Lazada ⭕ Tìm hiểu và đăng ký sử dụng giải pháp hỗ trợ đầu tư Kungfu Stocks Pro tại đây: https://bit.ly/Kungfu-Stocks-Pro
Review ETFs đã xong, liệu có rủi ro gì cho thị trường cuối năm? Liệu VNINDEX có còn đà tăng lên 1,160 điểm hay không? Tất cả phụ thuộc vào yếu tố mà tôi sẽ đề cập trong chia sẻ trên! ⭕ Tìm hiểu và đăng ký sử dụng giải pháp hỗ trợ đầu tư Kungfu Stocks Pro tại đây: https://bit.ly/Kungfu-Stocks-Pro
BẠN GIÀU CÓ ĐẾN MỨC NÀO? HÃY NHÌN LẠI TÀI SẢN RÒNG CUỐI NĂM Bạn có thể có một mức lương khá khẩm nhưng điều đó không khẳng định sự giàu có của bạn, mà thay vào đó chính là giá trị tài sản ròng. Hãy cùng tôi phân tích xem tại sao chúng ta lại cần tính toán con số này bạn nhé! ⭕ Tìm hiểu và đăng ký sử dụng giải pháp hỗ trợ đầu tư Kungfu Stocks Pro tại đây: https://bit.ly/Kungfu-Stocks-Pro
KÊNH ĐẦU TƯ SINH LỜI NHẤT HIỆN TẠI? Có nhiều cách để đầu tư sinh lời khác nhau như: mua vàng, gửi tiết kiệm, đầu tư vào chứng khoán, bất động sản,... chưa kể việc đầu tư vào não bộ, "bằng cấp". Và đâu là kênh đầu tư phù hợp với bạn nhất hiện tại? Xem nhé bạn hữu! ⭕ Tìm hiểu và đăng ký sử dụng giải pháp hỗ trợ đầu tư Kungfu Stocks Pro tại đây: https://bit.ly/Kungfu-Stocks-Pro
TIẾP TỤC SỐNG TỐT NHỜ DÒNG TIỀN NGOẠI HỖ TRỢ VÀ TIỀN ĐẦU CƠ? Viễn cảnh nào cho thị trường tuần mới? Nhóm cổ phiếu đậm chất đầu cơ sẽ về đâu? Nhà đầu tư cần làm gì với những “con gà tây” của mình? Theo dõi đến cuối video nhé bạn hữu! ⭕ Tìm hiểu và đăng ký sử dụng giải pháp hỗ trợ đầu tư Kungfu Stocks Pro tại đây: https://bit.ly/Kungfu-Stocks-Pro
LÀM THẾ NÀO CÓ ĐƯỢC MAY MẮN? Có bao giờ bạn thắc mắc “tại sao may mắn lại đến với người này mà không phải người kia?” Có bao giờ bạn nghĩ đã đến lúc tự tạo ra may mắn cho chính mình? Nếu có thì đây chính là video dành cho bạn! ⭕ Tìm hiểu và đăng ký sử dụng giải pháp hỗ trợ đầu tư Kungfu Stocks Pro tại đây: https://bit.ly/Kungfu-Stocks-Pro
⛔️ HỆ QUẢ SAU QUYẾT ĐỊNH TĂNG LÃI SUẤT LÊN 0.5% CỦA FED? MỐC LÃI SUẤT 5.1% SẼ TÁC ĐỘNG NHƯ THẾ NÀO?” Fed như dự báo đã tăng lãi suất lên 0.5% trong tháng 12/2022. Và mục tiêu sẽ tăng tiếp lãi suất lên 5.1% và sẽ không giảm lãi suất nếu chưa đạt được mục tiêu lạm phát. Điều đó sẽ ra sao? Ảnh hưởng ngắn hạn tới thị trường và dài hạn tới nền kinh tế như thế nào? Cùng coi video này nhé. ⭕ Tìm hiểu và đăng ký sử dụng giải pháp hỗ trợ đầu tư Kungfu Stocks Pro tại đây: https://bit.ly/Kungfu-Stocks-Pro
Basic Economics is written for those who want to understand how the economy works but have no interest in the formulas and "big words". Bestselling economist Thomas Sowell explains the general principles underlying different economic systems: capitalist, socialist, and feudal. He shows how to critique economic policies in terms of the incentives they create, rather than the goals they proclaim. With clear explanations of the entire field, this is the first book for anyone who wishes to understand how the economy functions.Remember, with each episode, we will provide a helpful Deep-Dive infographic where we break down the entire book on to 1 page! And we have a convenient link for you to find all of them! Visit invictusmultifamily.com/notes to find all of the sophisticated investor notes!Here are our top 5 takeaways:What Is Economics (03:00)Richer Getting Richer (08:30)Money Creates Incentive (12:00)Speculation (16:00)Long Term Consequences (20:40)How To Use Brands (28:00)Price Fixing (31:30)Rent Control (35:00)Alternative Resources (41:00)"In price fixing, you are now exacerbating the issue because now the people who were willing to take the risk before are no longer willing to take the risk." – Anthony Vicino"You can't just like take mosquitoes eye the equation, even though everyone hates 'em. But you take them out, there's all these kind of reverberations." – Dan KruegerLEAVE A REVIEW if you liked this episode!!Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.To learn more, visit us at https://invictusmultifamily.com/**Want to learn more about investing with us?**We'd love to learn more about you and your investment goals. Please fill out this form and let's schedule a call: https://invictusmultifamily.com/contact/**Let's Connect On Social Media!**LinkedIn: https://www.linkedin.com/company/11681388/admin/Facebook: https://www.facebook.com/invictuscapitalventures/YouTube: https://bit.ly/2Lc0ctX
https://youtu.be/HA_zM96coww To many people, even today, high profits are often attributed to high prices charged by those motivated by “greed.” In reality, most of the great fortunes in American history have resulted from someone's figuring out how to reduce costs, so as to be able to charge lower prices and therefore gain a mass market for the product. Henry Ford did this with automobiles, Rockefeller with oil, Carnegie with steel, and Sears, Penney, Walton and other department store chain founders with a variety of products. A supermarket chain in a capitalist economy can be very successful charging prices that allow about a penny of clear profit on each dollar of sales. – Thomas Sowell, Ph.D., Basic Economics (2015, Basic Books), p. 165. Wilfred Reilly, Ph.D., is a Professor of Political Science at Kentucky State University. Books by Wilfred Reilly: Taboo: 10 Facts You Can't Talk About Hate Crime Hoax: How the Left is Selling a Fake Race War Wilfred Reilly on Twitter BitChute Flote Archive Spotify
On today's episode, I'm joined by Jon Miltimore from FEE to talk about why modern monetary theory loses to basic economics every time. We go over the basics of MMT—its ideas of fiat currency, how it's different from other forms of money, and why it's so popular with politicians who have no idea what they're talking about. We also discuss how these ideas have been used to justify policies in for thousands of years—which hurt working people and make things worse for our economy long-term. Finally, we'll cover how the MMTers' theory has been disproved in practice and how we can use basic economic principles to understand the problems with their theory. In our discussion, we'll look at: -Why MMT is considered neo-Keynesianism -How an understanding of money and banking are essential to understanding modern monetary theory -The role of inflation in MMT and its effects on real wages -Why inflation doesn't help workers in a recession -How monetary policy affects unemployment Learn more about your ad choices. Visit megaphone.fm/adchoices
6 - News 610 - Pain at the pump continues over the holiday, Biden tweets for gas companies to lower their prices despite the price hikes caused by his policies. 620 - A little tribute to the Billenial on his final week at WPHT. Rich touches on Roe v. Wade heading into the break. 630 - Mayor Kenney is a joke! After 2 officers were shot on the Ben Franklin Parkway, Kenney responds by saying he's looking forward to not being mayor anymore so he can “enjoy things again.” 640 - Woke media stations in Philadelphia continue to blame legal gun owners and that the criminals are not the problem. 645 - Rich then moves to the Roe v. Wade issue and how it compares to gun ownership and our freedoms. 650 - The magic of being down the shore in the summertime 7 - News Rundown w Dawn 710 - John McNesby joins the show to discuss the officers shot last night during the celebrations and how the officers are doing this morning. They also discuss the city's policies and how it's hurting Philadelphia. 720 - We have to forge alliances between kids and cops and Rich details a program that does just that 730 - An hour of non-stop talk. Rich starts with the overturning of Roe v. Wade and how it is the right thing that the states have the power to rule on such issues. Then he moves to COVID vaccinated children and how the vaccines have been largely ineffective. 740 - The FDA has overlooked trials and how the triple vaccinated are more susceptible to variants. 745 - What's on the Cutsheet? 750 - 8 - The Buzz Lightyear movie is a no-go and not because of its wokeness. It is a boring movie and Tim Allen agrees that it has nothing to do with the fictional toy hero. This contrasts with the new Top Gun which is very patriotic and was taylor-made for theaters thanks to Tom Cruise. 810 - Then we move to the new show The Terminal List which is based upon the story of a friend of the show, Jack Carr. 820 - News 825 - People all across the country are moving out of their states because of policies but then turning around and voting for the same people who drove them out in the first place. 830 - Rich discusses how air travel is a nightmare right now due to mandates and poor working conditions forcing out workers and how it affects summer plans for travelers. 840 - Rich reviews stories that have come out over the last year foreshadowing air travel problems. 850 - Joey Chestnut wrestles down a protester on stage and doesn't miss a beat scarfing down hotdogs on the way to his 15th Mustard Belt. 9 - News 910 - Gas Prices continue to rise as Biden goes after them even though they are barely getting by as is selling snacks while getting gouged by policies. 4th of July isn't being celebrated like it should due to civil unrest across the country. 920 - Mystery Movie Clip. We The People now have direct control over an issue like abortion through state voting. 930 - Kenney's complaint really resonates with Philadelphians and we're counting down the days until he gets the boot. What's coming up on The Dawn Show? 940 - What's on the Cutsheet? 950 - Who won Twitter? And Final Thoughts by Rich
David Bahnsen joins us to talk about the war in Ukraine, the rise of populism, America's bleak productivity outlook, and the basic economic truths that so many of today's politicians and influencers fail to understand. David is a wealth manager and author of "There's No Free Lunch: 250 Economic Truths". He's a regular contributor at National Review and frequent guest on Fox News, Bloomberg, and CNBC. Follow him on Twitter at @DavidBahnsen. Follow Dan Crenshaw on Instagram, Twitter and Facebook for daily updates on legislation and current events.
This week John and I have something a little different for you: An interview with Wall Street Journal columnist and Manhattan Institute Senior Fellow Jason Riley about his recent book, Maverick: A Biography of Thomas Sowell. We discuss Sowell's ideas, their influence, and his place within the pantheon of American (and black America), intellectuals. Among his innumerable contributions, Sowell's books—especially A Conflict of Visions, Knowledge and Decisions, and Basic Economics—are a particular focus of this wide-ranging conversation. We also get into a broader discussion about black intellectuals, conservatism, and the academy. And don’t worry, Substack subscribers, John and I will be posting our monthly Q&A later this week. Stay tuned!As always, I’m curious to know what you think. Let me know here and on Discord.0:00 Intro 1:10 Comparing the legacies of Thomas Sowell and George Schuyler 5:27 Making the case for Sowell’s significance 16:55 The task of the popularizer 23:55 Why Sowell’s book A Conflict of Visions is important 31:15 The norm of inter-group disparity 40:47 What happened to Glenn’s generation of heterodox Black intellectuals? 50:12 Why it’s hard to be a conservative in academia 59:54 Where is the left-wing critique of progressive racial politics? LinksJason’s book, Maverick: A Biography of Thomas SowellSowell’s book, A Conflict of Visions: Ideological Origins of Political StruggleMatt Taibbi and Katie Halper's talk with Adolph Reed This is a public episode. Get access to private episodes at glennloury.substack.com/subscribe
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