Ep. 2676 Inflation vs. Families, Children, and Social Health

This book, originally titled 'Essai sur la Nature du Commerce en Général', is a comprehensive treatment of economic theory that focuses on the structure and mechanics of emerging market economies. Cantillon is credited with being the first to describe the market process driven by entrepreneurship and is often called the 'father of enterprise economics'. The work was circulated privately in France before its publication in 1755 and has been recognized for its significant contributions to the field of economics, distinguishing it from later works like Adam Smith's 'The Wealth of Nations'. The current translation, provided by Mark Thornton and Chantal Saucier, offers a more accurate and lucid account of Cantillon's original text.

In this seminal work, Joseph A. Schumpeter analyzes the processes of capitalism, arguing that it is both innovative and unstable due to the concept of 'creative destruction', where continuous innovation disrupts established industries. The book also examines the potential replacement of capitalism by socialism and discusses the future of democracy in evolving economic structures. Schumpeter presents a balanced view of both capitalist and socialist systems through theoretical models and comparative analysis, and he predicts that capitalism might eventually give way to socialism due to internal societal and economic changes rather than external failures.

This book explores the ethics and economics of money production from ancient times to the present. Hülsmann argues that the government monopoly on money production has no ethical or economic justification and advocates for private money production. He disputes centuries of assumptions about money management by governments and central banks, suggesting that money should be treated as a privately produced good like other commodities. The book also examines historical and theoretical perspectives, including the works of 14th-century Bishop Nicole Oresme, to make a strong case for the privatization of money production and the separation of money from state control.

In 'Coming Apart,' Daphne Rose Kingma provides a refreshing perspective on relationships by arguing that relationships are not always meant to be forever. She suggests that relationships serve as vehicles for personal growth and development, and their endings are often a natural part of this process. Kingma explains that people choose relationships based on their developmental needs, which are rooted in childhood experiences. The book offers practical advice and a process for working through the ending of a relationship, including a personal workbook to help readers heal and move forward. It emphasizes the importance of understanding the lessons learned from each relationship and finding joy and appreciation in the experiences shared with partners.