Words & Numbers

For our 200th episode, Larry Reed joins us to talk about his experiences in spreading the good news of liberty and freedom. Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Quick Hits Hope https://fred.stlouisfed.org/series/A939RX0Q048SBEA https://fred.stlouisfed.org/series/UNRATE https://dfw.cbslocal.com/2020/12/05/fortune-telling-businesses-booming-during-covid-19-pandemic/ Foolishness of the Week https://www.ajc.com/politics/trump-tells-gop-to-vote-in-rigged-election/IVGOUWDVBBCXHJU573QB5H5XVY/ Topic of the WeekLarry Reed https://fee.org/people/lawrence-w-reed/ Books by Larry Reed https://www.amazon.com/Lawrence-W-Reed/e/B08BJD7W9T Join the Conversation Words & Numbers Backstage https://www.facebook.com/groups/130029457649243/ Let Us Know What You Think mailto:wordsandnumberspodcast@gmail.com Antony Davies on Twitter https://twitter.com/antonydavies James R. Harrigan on Twitter https://twitter.com/JamesRHarrigan Learn more about your ad choices. Visit podcastchoices.com/adchoices

Many people’s misunderstandings about disparate subjects like insurance, profits, and financial speculators have their roots in a single source - a misunderstanding of risk. One of the most important discoveries that gave rise to our technologically advanced world is how to turn risk into a commodity that can be bought and sold. Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Quick HitsSocial Security race gap https://www.cdc.gov/nchs/data/hus/2017/015.pdf One-third of NJ businesses close https://thehill.com/homenews/state-watch/527901-almost-one-third-of-small-businesses-in-new-jersey-have-have-closed Foolishness of the Week Trump claims FBI rigged the election https://www.thedailybeast.com/trump-baselessly-suggests-fbi-rigged-election-against-him-in-first-post-election-interview Topic of the Week: Misunderstanding of Risk Join the Conversation Words & Numbers Backstage https://www.facebook.com/groups/130029457649243/ Let Us Know What You Think mailto:wordsandnumberspodcast@gmail.com Antony Davies on Twitter https://twitter.com/antonydavies James R. Harrigan on Twitter https://twitter.com/JamesRHarrigan Learn more about your ad choices. Visit podcastchoices.com/adchoices

In part 2 of this two-part episode, Steve Horwitz joins us to discuss the realities and myths surrounding gender discrimination and the gender pay gap. Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Quick HitsWomen comprise 67% of HR workforce https://www.hrdive.com/news/hr-is-overwhelmingly-white-and-female-data-indicates/548600 Venezuelans making their own gas https://www.reuters.com/article/us-venezuela-pdvsa-gasoline-feature-idUSKBN27Z1LR Foolishness of the Week 14 hours for a burger https://www.dailymail.co.uk/news/article-8972231/In-N-Burger-chain-opens-two-Colorado-outlets-leading-fights-epic-14-hour-lines.html Topic of the Week Steve Horwitz https://www.amazon.com/Steven-Horwitz/e/B001JP8I1I Lawsuits under the equal pay act https://www.eeoc.gov/statistics/eeoc-litigation-statistics-fy-1997-through-fy-2019 Unemployment rates for men and women https://fred.stlouisfed.org/series/LNS14000001 https://fred.stlouisfed.org/series/LNS14000002 Join the Conversation Words & Numbers Backstage https://www.facebook.com/groups/130029457649243/ Let Us Know What You Think mailto:wordsandnumberspodcast@gmail.com Antony Davies on Twitter https://twitter.com/antonydavies James R. Harrigan on Twitter https://twitter.com/JamesRHarrigan Learn more about your ad choices. Visit podcastchoices.com/adchoices

In part 1 of this two-part episode, Steve Horwitz joins us to discuss the realities and myths surrounding gender discrimination and the gender pay gap. Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Quick HitsWhat the Constitution means to me https://constitutionbroadway.com Foolishness of the Week Student loan forgiveness https://www.forbes.com/sites/zackfriedman/2020/11/16/biden-student-loan-forgiveness-figures-in-my-plan/ Topic of the Week Steve Horwitz https://www.amazon.com/Steven-Horwitz/e/B001JP8I1I Lawsuits under the equal pay act https://www.eeoc.gov/statistics/eeoc-litigation-statistics-fy-1997-through-fy-2019 Unemployment rates for men and women https://fred.stlouisfed.org/series/LNS14000001 https://fred.stlouisfed.org/series/LNS14000002 Join the Conversation Words & Numbers Backstage https://www.facebook.com/groups/130029457649243/ Let Us Know What You Think mailto:wordsandnumberspodcast@gmail.com Antony Davies on Twitter https://twitter.com/antonydavies James R. Harrigan on Twitter https://twitter.com/JamesRHarrigan Learn more about your ad choices. Visit podcastchoices.com/adchoices

One of the unintended consequences of government overreach is that everything becomes politicized. Much of the acrimony in our political environment is due to the fact that the government has (and often uses) the power to tell people how to live their lives. That power, in turn, comes from the fact that the people ask government for more and more stuff, handing over more of their power with each request. Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Quick HitsExtreme Poverty on the Rise http://toinformistoinfluence.com/news/business-54448589 Happiness is Genetic https://nypost.com/2020/11/06/nearly-half-of-happiness-is-genetic-so-most-of-us-are-doomed/ Foolishness of the Week 2020 Presidential Denial Topic of the Week: Politicizing Government Join the Conversation Words & Numbers Backstage https://www.facebook.com/groups/130029457649243/ Let Us Know What You Think mailto:wordsandnumberspodcast@gmail.com Antony Davies on Twitter https://twitter.com/antonydavies James R. Harrigan on Twitter https://twitter.com/JamesRHarrigan Learn more about your ad choices. Visit podcastchoices.com/adchoices

In this second of a two-part series, we continue the conversation with Clark Neily about differences in publicly provided and privately provided goods and services. Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Quick Hits$10,000,000,000,000,000,000https://www.cbsnews.com/news/hubble-space-telescope-rare-asteroid-16-psyche-worth-10000-quadrillion/?ftag=CNM-00-10aag7e Foolishness of the Week Chaotic election https://www.yahoo.com/now/final-yahoo-news-you-gov-poll-biden-leads-trump-by-10-as-voters-fear-a-chaotic-election-day-132235742.html Stressful electionhttps://www.studyfinds.org/2020-election-day-most-stressful/ Topic of the Week https://drive.google.com/file/d/1ZTUb9gKQildyeIAUM9BxEL49_XSsKS0z/view?usp=sharing https://en.wikipedia.org/wiki/Sour_Grapes_(2016_film) https://en.wikipedia.org/wiki/Sunset_Limited Join the Conversation Words & Numbers Backstage https://www.facebook.com/groups/130029457649243/ Let Us Know What You Think mailto:wordsandnumberspodcast@gmail.com Antony Davies on Twitter https://twitter.com/antonydavies James R. Harrigan on Twitter https://twitter.com/JamesRHarrigan Learn more about your ad choices. Visit podcastchoices.com/adchoices

Some goods and services we choose to provide via the government (mail delivery). Some we choose to provide via markets (grocery stores). And some we choose to provide via government and markets working together (road construction), or via them working in competition (education). This week, Clark Neily joins us to compare and contrast publicly provided and privately provided goods and services. Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Quick Hits Fake Instagrammers https://www.thedailybeast.com/how-instagrammers-are-faking-the-luxury-of-a-private-jet-for-just-dollar64-an-hour Foolishness of the Week Gettysburg https://www.washingtonpost.com/history/2020/10/26/gettysburg-trump-black-lives-matter-clashes/ Topic of the Week https://drive.google.com/file/d/1ZTUb9gKQildyeIAUM9BxEL49_XSsKS0z/view?usp=sharing https://en.wikipedia.org/wiki/Sour_Grapes_(2016_film) https://en.wikipedia.org/wiki/Sunset_Limited Join the Conversation Words & Numbers Backstage https://www.facebook.com/groups/130029457649243/ Let Us Know What You Think mailto:wordsandnumberspodcast@gmail.com Antony Davies on Twitter https://twitter.com/antonydavies James R. Harrigan on Twitter https://twitter.com/JamesRHarrigan Learn more about your ad choices. Visit podcastchoices.com/adchoices

Periodically, the Congressional Budget Office forecasts federal debt, revenue, and spending. For decades, the CBO has underestimated the future debt. If we adjust CBO’s forecasts by their historical error, we get a clearer picture of where the federal government’s finances will be in the next decade. Interestingly, the debt is approaching a point not seen since the first decade of our history when Congress replaced Continental dollars with the US dollar we use today. Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Quick Hits The Irish and the Choctaw https://www.nytimes.com/2020/05/05/world/coronavirus-ireland-native-american-tribes.html Foolishness of the Week Presidential Debates https://www.washingtonpost.com/elections/2020/08/14/presidential-debates/ Topic of the Week CBO’s Long Term Outlook https://www.cbo.gov/publication/56516 Join the Conversation Words & Numbers Backstage https://www.facebook.com/groups/130029457649243/ Let Us Know What You Think mailto:wordsandnumberspodcast@gmail.com Antony Davies on Twitter https://twitter.com/antonydavies James R. Harrigan on Twitter https://twitter.com/JamesRHarrigan Learn more about your ad choices. Visit podcastchoices.com/adchoices

The United States is poised to rack up a record trade deficit this year. Politicians and the media will make a big deal about this, but the truth is that trade deficits really don’t matter. Trade is simply an exchange. So long as it’s voluntary, by definition, both parties are better off. Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Quick Hits US Debthttps://www.cnn.com/2020/10/08/economy/deficit-debt-pandemic-cbo/index.html https://fred.stlouisfed.org/series/GFDEGDQ188S Facebook Currencyhttps://news.trust.org/item/20201012143626-bfcy3 Foolishness of the Week Super Trump https://thehill.com/homenews/administration/520540-trump-wanted-to-rip-open-shirt-to-show-superman-t-shirt-when-leaving Topic of the Week Trade Deficit https://fred.stlouisfed.org/series/IEABC Join the Conversation Words & Numbers Backstage https://www.facebook.com/groups/130029457649243/ Let Us Know What You Think mailto:wordsandnumberspodcast@gmail.com Antony Davies on Twitter https://twitter.com/antonydavies James R. Harrigan on Twitter https://twitter.com/JamesRHarrigan Learn more about your ad choices. Visit podcastchoices.com/adchoices

James and Ant offer a post-game discussion of the first Presidential debate. Unfortunately, “post-game” is the right word because, for as much as the left and right bicker, the two parties have become largely the same. Regardless of who wins, the government goes on doing the same things it has always done. Mostly what people do now is to root for their team, not out of principle, but because it’s their team. Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Quick Hits Swearing Parrots https://www.insider.com/foul-fowl-language-2020-9 Armenia and Azerbaijan Conflict https://www.cbsnews.com/news/armenia-azerbaijan-clash-nagorno-karabakh-why-it-could-get-uglier/ Foolishness of the Week Mask Bashing https://www.nbcnews.com/politics/2020-election/top-trump-campaign-official-ridicules-joe-biden-s-mask-wearing-n1242041 Topic of the Week: The Presidential Debate Join the Conversation Words & Numbers Backstage https://www.facebook.com/groups/130029457649243/ Let Us Know What You Think mailto:wordsandnumberspodcast@gmail.com Antony Davies on Twitter https://twitter.com/antonydavies James R. Harrigan on Twitter https://twitter.com/JamesRHarrigan Learn more about your ad choices. Visit podcastchoices.com/adchoices