Category: Economics

Economic Chemotherapy

My coworkers and I were having a discussion on the impacts of shutting everything down. Since we work for a government health agency, they were focusing on the “flattening the curve” aspect. Me being me was introducing the overall economic picture.

I think I finally got some traction when I compared these measures to chemotherapy. We are introducing a small amount of economic poison into the nation in hopes of killing or at least shrinking the damage. However, we don’t know the dosage, and if we aren’t careful, we’ll end up killing the patient – in this case the economy.

What’s worse is that we don’t even have good diagnostics to determine if the poison is being effective. All we can do is guess and provide some small ameliorative for the side effects.

It ain’t a perfect metaphor, but I’ve found it’s a good way of thinking about things,

Friday Quote – Peter Boettke

If you bound the arms and legs of gold medal swimmer Michael Phelps, weighed him down with chains, threw him in a pool, and he sank, you wouldn’t call it a “failure of swimming.” So, when markets have been weighed down by inept and excessive regulation, why call this a “failure of capitalism?”

State of Podcasts 2020

Previous Podcast Posts:

State Of Podcasts 2018

State of Podcasts 2019

This is the third year I’ve reviewed which podcasts I listen to, how I listen to them, and when I listen to them. Part of it’s my own curiosity at how my podcast habits change. I’m also curious what others think about the same podcasts and which podcasts come and go.

I list the podcasts into some broad groups, with any annotations about frequency I listen to them or general impressions. I listen to my podcasts in Overcast. I prefer Overcast because the app deletes podcasts I’ve listened to, plus it has a smart speed feature which will speed up if it hears dead air. Generally, I listen to my podcasts at 2X speed.

I used to use three playlists, but I’ve consolidated it down to one playlist. I was finding over the past year that I wasn’t listening to my history or writing playlists. So, now I’m just down to my Daily playlist. This is a playlist of what I want to listen to during my commutes, work, and other times. I used to have certain podcasts for certain days/times, but the volume and rate with which I go through podcasts makes that difficult. Some are “promotable”, which means they go to the top. The rest are filler, and I’ll get to them when I can – or just delete them if they don’t capture my interest.

My podcasts as of March 2020:

Comedy/Entertainment

Friendly Fire – Three guys watching and critiquing war films. Sometimes they get a bit too much into the art of film, or into the wokeness world, but I generally end up enjoying what they bring to the film. This is filler.

The Incomparable Game Show – Rotating panels playing rotating series of obstensibly board games. Often hilarious, sometimes dangerously so when driving. It’s filler.

Penn’s Sunday School – Penn prognosticating on the world with a few of his friends and/or guests. Hilarity ensues. This is a promotable.

The Rewatchables – Variety panel of guests discussing a movie that is considered highly rewatchable. It’s filler.

Roboskull Cast – A Robotech podcast where the hosts go through the episodes and the new comics. One has seen the series, one is watching it, and neither were old enough to watch in ’85. It’s filler.

Economics / Libertarian Theory

Cato Events Podcast – Recordings of various panels put on by the Cato Institute. I’ve heard a lot of very interesting discussions and arguments. Some, not so much. I would recommend listening even if the subject doesn’t seem interesting. I’ve been surprised by what I learned. It’s filler.

Econtalk – Economist Russ Roberts does great interviews with a wide variety of guests and topics. I’ve been learning a lot on economics, and some wildly different topics. This is a promotable.

Free Thoughts – Interview podcast on libertarian issues and theories. It’s a filler.

GAO Podcast – GAO discussing some of their reviews they’ve done on federal agencies. This is filler.

Make No Law – Ken White delves into the case law around the First Amendment and free speech. It’s a promotable when it infrequently drops.

Pop & Locke – This one looks at pop culture media (books, TV, movies) through the libertarian lens. It’s filler.

Power Problems – A Cato podcast focusing on foreign affairs. It’s a filler.

The Pursuit – The first season was a great overview of government seizures of private property, with the second going into various abuses of power by the government. It’s filler.

Short Circuit – From the Institute of Justice, this one discusses notable cases that IJ is arguing. I put it under libertarian theory rather than politics because it discusses legal libertarian arguments rather than issues of the day. This is filler.

So To Speak – FIRE’s podcast discussing free speech issues. The guests and legal theories put this more into theory although it sometimes delves into the issues of the day. This is filler.

The SoHo Forum Debates – Oxford-rules debates on a variety of issues. It’s a filler.

The Tom Woods Show – A mainstay of the Mises wing of the libertarian world interviews and discusses events and theories. It’s filler.

Words & Numbers – Two economists from the Foundation For Economic Education discuss different aspects of economics from a libertarian perspective. Sometimes dipping into issues of the day. It’s filler.

Guns, RKBA, and Prep

Assorted Calibers Podcast – The spiritual successor to the Gun Blog Variety Cast. Weer’d Beard and Erin Pallette are the real reason I listen to this, but the other segments are generally pretty good. I’m also a patron, and listen to the Mag Dump round tables, Film Tracks, and Blooper Reels. This is a promotable.

Concealed Carry Podcast – This is a good podcast that will do interviews or just discussion from the hosts. It’s filler.

Firearms Nation – Interview podcast with leading competition shooters and others to discuss both competition and practical shooting techniques and strategies. It’s a filler.

Geeks Gadgets and Guns – A couple of geeks discussing guns and other geeky stuff. It’s filler.

Gun and Gear Review – This is a good review podcast for new stuff in the gun world. I enjoy the reviews and the banter between the hosts. It’s filler, but may go to promotable in the next year.

Guns Guide To Liberals – This is a good podcast focusing on how to talk about guns and RKBA to those who don’t share our views. It’s a promotable.

Handgun Radio – This one I’ve been enjoying. Especially the in-depth histories of different firearms companies. It’s a promotable.

Handgun World – This one is filler on my Daily playlist. Bob has good information, but sometimes his views annoy me, particularly when he goes off on rising evil. This one’s filler.

Managing Uncertainty – This podcast is mainly focused on risk management from an organizational standpoint, but I find it’s useful as a prepping exercise as well. It’s filler.

MichaelBane.TV On The Radio – This is the successor to DownRange.TV podcast, with Michael opining on the gun world. It’s filler.

Polite Society Podcast – Good information, but often too long if I have a backlog. This one is filler.

Save The Second – Podcast on the current issues with the NRA and the fight to reform the organization. It’s filler.

Self-Defense Gun Stories – I like the analysis of what went right and wrong from a variety of professional trainers. This is another I recommend to new shooters and those who are thinking about using a gun for self-defense. This one is filler.

Skip’s Tactical Solutions Podcast – Avery’s a new voice in the gun podcast world, and I find some of her insights fascinating. It doesn’t hurt that she’s local. I may end up taking a class from her if I can scrape up the cash/time. It’s filler.

This Week In Guns – Three hosts talk on issues in the gun world. It’s a promotable.

Trigger Words – Just subscribed to this one and haven’t made up my mind. It’s filler.

History

Hardcore History – Dan Carlin’s storytelling on various historical events is spellbinding. This is promotable on the infrequent occasions new podcasts show up.

Hardcore History: Addendum – A companion to the Hardcore History podcast where Dan Carlin does segments outside his normal narrative style. This one is promotable.

The History of WWII Podcast – This one is going through WWII chronologically, with interview episodes interspersed. It’s filler.

Revolutions – Really good series on various revolutions. Each season goes through one of the more pivotal revolutions in history, starting with the English Revolution. This is a promotable.

Intellectual Dark Web / Interview

The Femsplainers – Christina Hoff Summers and her sidekicks discuss free speech, free thoughts, and feminism of the issues of the day. It’s a promotable.

The Long Game – Long interview form podcast with different former and current politicians. This is definitely on the progressive side of the aisle.It’s filler on my Daily playlist.

Popular Front – A look into smaller conflicts going on or unusual aspects of modern warfare. It’s filler.

Quillette Podcast – Interviews and articles focusing in on free speech issues and cancel culture. It’s filler.

The Reason Interview With Nick GillespieReason editor interviews a variety of guests. This would be an even better podcast if they had a different host. It’s filler.

The Portal – Eric Weinstein discusses a variety of subjects with guests. Very high-intelligence demanding. It’s filler.

The Rubin Report – Long form interview with an eye to free speech and social justice zealotry issues. It’s a promotable.

Unregistered with Thaddeus Russell – Thaddeus interviews a varied list of guests. Some are very interesting, some less so. It’s a filler.

War College – An interesting look at politics and military issues through interviews with specialists. It’s filler.

Politics of the Day

Advisory Opinions – David French and co-host from The Dispatch discuss legal issues and theory on the politics of the day. With some pop culture on the side. It’s a promotable.

The Argument – The New York Times takes the Left, Right, & Center format, takes one big step to the progressive left, and discusses the issues of the day. Sometimes frustrating, but a good look into the minds of on the political left. It’s a promotable.

Cato Daily Podcast – A good quick bit in various topics from a libertarian viewpoint. This is filler.

Contra Krugman – Bob Murphy and Tom Woods tear apart a Paul Krugman column using Austrian economics. It’s filler.

The Dispatch Podcast – Kind of like The Editors, but for The Dispatch. It’s a promotable.

The Economist – I listen to the Economist, because it provides a different perspective and reports on areas that barely hit my normal feeds. This is a promotable.

The Editors – Editors from National Review discussing the issues of the day. Part of my keeping an idea of the conservative side of the issues of the day. It’s a promotable.

The Federalist Radio Hour – Editors of the Federalist website interviews guests about the issues of the day. This is filler.

The Fifth Column – This is a really good roundup focusing on the issues of the day and how the media reports them. It’s a promotable.

Left, Right, & Center – This covers the week’s political events with a progressive, a conservative, a left-leaning centrist, and often some guests. This a promotable.

LRC Presents: All the President’s Lawyers – I picked this one up because Ken White is one of the hosts. It’s a different perspective on Trump’s legal issues than most of my normal feeds. It’s a promotable.

Mad Dogs and Englishmen – Charles Cooke. That’s why I listen to this podcast. It’s a promotable.

The One With Greg Gutfield – Greg does interviews in the way only Greg can do. Currently promotable.

Part of the Problem – Rabid anti war libertarian comedian Dave Smith is interesting. He’s certainly challenging some of my ideas. Particularly when he beers over to the conspiracy theories. Promotable.

The Political Orphanage – Politics of the day with a heaping helping of humor. It’s a promotable.

The Remnant With Jonah Goldberg – Politics of the day from The Dispatch’s Jonah Goldberg. It’s promotable.

The Reason Roundtable – Four editors from Reason discuss the issues of the day. It’s a promotable.

Squirrel Report – Three former bloggers talking over the issues of the day. Amusing with gusts of hilarity. It’s promotable.

Science and Skepticism

The Prism Podcast – A dentist and a pediatrician interview guests and discuss skeptical topics. It’s a filler.

Skeptics Guide to The Universe – This was my first science podcast and really helped forge my skepticism. It’s a promotable.

Science Salon – Michael Shermer interviews scientists, scholars, and other intellectuals on a variety of topics. It’s filler.

Skeptoid – Another one that helped in developing my skeptical outlook. It’s filler.

True Stories

Cults – This goes through various cults that have popped up. It focuses mainly on North American cults in the twentieth century, and generally covers the cult over two episodes. Generally, I wait for both parts to drop and then listen to them together. This is filler.

Espionage – This one talks about particular spies in history and some of their methods. Generally each spy is given two episodes. I wait for both parts to drop and then listen to them together. This is filler.

Hostage – This podcast goes through a particular hostage event. Most are done in two-part episodes, and I generally wait until both parts drop to listen to them together. This is filler.

This Is War – The host relates a combat veteran’s story interspersed with the veteran providing his/her own insights. This is the brutal personal side of combat and its effects on a person – both physical and emotional. It’s filler.

The Way I Heard It With Mike Rowe – After growing up with Paul Harvey’s “The Rest of the Story”. this one is a wonderful substitute. It’s a promotable.

Tech

Clockwise – Two hosts and two guests discuss four tech topics in thirty minutes. Generally enjoyable. It’s a promotable.

Daily Tech Headlines – Good summary of big tech stories. It’s promotable.

Friday Quote – Milton Friedman

Doing good with other people’s money has two basic flaws. In the first place, you never spend anybody else’s money as carefully as you spend your own. So a large fraction of that money is inevitably wasted. In the second place, and equally important, you cannot do good with other people’s money unless you first get the money away from them. So that force – sending a policeman to take the money from somebody’s pocket – is fundamentally at the basis of the philosophy of the welfare state.

Friday Quote – Thomas Sowell

Government spending is often said to be beneficial to the economy, as the money disbursed is spent and re-spent, creating jobs, raising incomes, and generating tax revenues in the process. But usually if that same government money had remained in the hands of the taxpayers from whom it came, they too would have spent it, and it would still have been re-spent, creating jobs, raising incomes, and generating tax revenues in the process.

What Happens When A Cartel Gets Disbanded?

The members sue the government that propped them up.

The story makes it sound like these poor people who saved for years to buy a taxi medallion now have nothing to show for it and want just recompense. I call bullshit on that for a couple of reasons:

  1. Most of the medallions were owned by firms who then rented them out to individuals. Firms that were happy to use the force of government to enforce their little cartel. Excuse me if I don’t have sympathy that they now reap the whirlwind.
  2. People get wiped out when assets lose value – whether it be market or government causes. It’s only been in the last couple of years that my house in Tampa slightly came above water.

I hate to sound cold, but if you’re investing into a government-enforced cartel, I’m not going to weep when your investment loses value because an unjust cartel is broken. Anymore than I would weep for all the folks complaining about how their Stens would lose value if we could repeal the NFA. Particularly when the taxi cartel rested on its first government-enforced protection to keep prices high and service middling.

The Zuck Wants Hisself Some Regulation

Facebook founder Mark Zuckerberg penned an op-ed calling for regulations on the internet. Reason has its analysis.

From a crony capitalist standpoint, the Zuck is playing it smart. Facebook and the other big players in tech can play the compliance game to keep out competitors. Better to get out in front and help write the regulations rather than let Congress (or whichever agency Congress delegates writing the regs).