Capitalisn't Mailbag: UBI, AI, and Does Luigi Believe in "Free Time"?
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Oct 10, 2024 Listeners get an inside look as the hosts tackle audience questions. They explore the definition of capitalism and its current challenges, including crony capitalism and wage disparities. Universal Basic Income sparks debate on whether it disincentivizes work, while the rise of AI prompts a reevaluation of economic principles. The conversation takes a fun turn as they imagine what they would do with presidential power for a day. Plus, there’s a curious inquiry: does Luigi really believe in taking time off?
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Bethany's Hobbies
- Bethany McLean enjoys reading young adult dystopian fiction novels.
- She also likes dinner parties with diverse guests and cocktails with friends.
Luigi's Hobbies
- Luigi Zingales enjoys reading in the bathtub on his iPad.
- He also finds Italian politics entertaining to follow from a distance.
Capitalism Defined
- Capitalism is a free enterprise system where people pursue their dreams within established rules.
- Issues arise when capitalists control the rule-making process.