A primer on how the economic engine works through coordination between savers, investors, consumers, producers, governments, and banks. How hoarding and unfair competition can lead to economic distortions. Topics covered include: Show Notes Wait, Is Saving Good or Bad? The Paradox of Thrift—The Federal Reserve Bank of St. Louis Rents: How Marketing Causes Inequality by Gerrit De Geest—Beccaria Books FTC Challenges Kroger’s Acquisition of Albertsons—Federal Trade … [Read more...]
430: How Should Personal and National Wealth Be Measured?
How we measure wealth, riches, abundance, and well-being is more important today than ever. Topics covered include: Show Notes An Inquiry into the Nature and Causes of the Wealth of Nations by Adam Smith—Early Modern Texts About Adam Smith—Adam Smith Institute An Inquiry Into the Nature and Origin of Public Wealth and Into the Means and Causes of Its Increase by The Earl of Lauderdale—McMaster University Principles for Dealing with the Changing World Order: Why Nations … [Read more...]
267: How Capitalism Gets Off Track
How inequitable business models like those in the gig economy can lead to a financial crisis, more regulation, and doubts about the viability of the free-market system. In this episode you’ll learn: What is the expanded role of corporations according to leading chief executive officers.What is the gig economy.Takeaways from David's recent experience delivering restaurant meals for Doordash including the huge liability many independent delivery drivers are unaware of.Who covers the … [Read more...]
198: Capitalism Is Creation
Why save for retirement if capitalism is going to collapse and/or universal basic income will be available. How Millennials can lead the next work transition. In this episode you’ll learn: Show Notes Some millennials aren’t saving for retirement because they don’t think capitalism will exist by then - Salon We Are Here To Create - A Conversation with Kai-Fu Lee - Edge Venezuela’s Maduro, Clinging to Power, Uses Hunger as an Election Weapon - Wall Street Journal Alabama … [Read more...]
