

The Podcast of the Lotus Eaters #1229
Aug 13, 2025
The hosts dissect the UK's taxing policies, humorously predicting economic pitfalls. They tackle the EU's struggle with press freedom, arguing that public interest is often a guise for censorship. The conversation also touches on social intelligence testing, critiquing traditional IQ measures for their biases. They share amusing anecdotes on everyday etiquette, exploring the norms of public behavior. From political critiques to the absurdities of social dilemmas, the discussion balances serious issues with lighthearted banter.
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Open Borders Plus Welfare Raise Taxes
- Labour's combination of open borders and expanding welfare will raise taxes on working residents and reduce business confidence.
- The hosts argue this policy mix incentivises firms to cut permanent hires and fuels economic decline.
Shift Some Wealth Into Tangible Media
- Consider buying tangible assets that hold cultural or collectible value to protect wealth from fiscal mismanagement.
- Stelios and Luca promote Islander magazine as an inexpensive, physical store of value and knowledge.
Public Pay Growth Signals State Crowding
- Public sector pay growth outpacing private pay signals economic centralisation and crowding out of private sector resources.
- The hosts view this as a move toward statism that reduces economic dynamism.