Modern academic economics is based upon the methodologies used to study the natural sciences. However, such methodologies are inappropriate to study economics, which must be based upon causal-realism.
Murray Rothbard wrote that egalitarianism is a “revolt against nature.” Progressives claim that inequality harms society and is morally unacceptable, but in reality, it is necessary for division of labor, which enables social cooperation.
The great free-market classical liberal William Leggett believed that Americans do not need politicians telling us on which days Americans ought to be thankful.
Economist Bryan Caplan has held up the United Arab Emirates as an example of how open borders can be successful. Caplan clearly does not understand how immigration works in the UAE.
The major questions doctrine from the Supreme Court places some limits on the kinds of questions the executive branch can handle alone. Are there similar "too large" delegations at the state level? Adi Dynar of the Pacific Legal Foundation comments.
Rob looks back at the music career of pop star Avril Lavigne while celebrating her smash hit “Complicated.” Along the way, Rob dives deep into the idea of the anti-Britney Spears and much more! Later, he is joined by Marissa Moss to discuss Avril Lavigne’s potential influences, debating what song is her best, and more.
President-elect Donald Trump has called for a weaker dollar given it would be good for American exporters. But tariffs, a staple of his economic policy, would actually strengthen the dollar. Today on the show, we explain tariffs and currencies by following one bag manufacturer from New Jersey.
Related episodes: How Trump's tariffs plan might work (Apple / Spotify) Worst. Tariffs. Ever. (update) (Apple / Spotify)
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