The Soul of Enterprise: Business in the Transformation Economy by THRESHOLD

Ron and Ed welcome Chris Edwards to the show to talk about two recent reports he has authored for The CATO Institute. In How Wealth Fuels Grown, the role of wealth in the economy is the focus. In this recent study Chris examines wealthy individuals as "angel" investors, who fund startup businesses. Angel investors provide a unique source of support for America's entrepreneurs, particularly in leading-?edge industries. In Entrepreneurs and Regulations: Removing State and Local Barriers to New Businesses, Chris writes about how the U.S. economy was damaged by the COVID-19 crisis in 2020. Output plunged and unemployment spiked. Mandated shutdowns, social distancing, and altered consumption patterns resulted in many businesses closing permanently and laying off workers.

"You don't have to get people to burn books to destroy a culture. Just get people to stop reading them." (Ray Bradbury, Sci-fi Writer). Join Ed and Ron as they discuss the best books they read in 2021.

Our annual tradition continues! Ron and Ed will look back and talk about their top stories, including their favorite and most popular episodes of 2021. They'll pay homage (or not) for some who have passed on. Maybe even set their sights on what they think 2022 will bring.

It is December 24th, the busiest day for the North Pole and wouldn't you know it but a worldwide taxing authority has decided that today is the day to conduct Santa's Audit. For Peter Jackson's Get Back! We snuck our TSOE microphones in on the conversation between the auditor and Santa's head accounting elf. What you are about to hear is the edited audio. The full audio can be heard by subscribers on our Patreon channel at http://patreon.com/tsoe Merry Christmas!

We are honored to welcome back, for the third time, economist Michael Munger. He's the author of many great books, including Tomorrow 3.0; Is Capitalism Sustainable?; and The Sharing Economy. Join Ed and Ron for what will surely be an enlightening and fun conversation with one of our favorite guests.

Ron and Ed first encountered Colin Rule's work when reading Richard and Daniel Susskind's book, The Future of the Professions (Episode 74) in which the online dispute resolution system used by eBay was touted as handling more cases per year than the entire US court system. In what promises to be a wide-ranging interview, Ron and Ed will explore this topic and more.

In the past year, two short stories have come to Ron and Ed's attention that provide some economic insights: Somerset Maugham's The Verger and Kurt Vonnegut's Harrison Bergeron. In The Verger, a church employee is fired even though he does his work quite satisfactorily. Bergeron is a cautionary tale of the notion of equity - equality of outcome. Links can be found here if you want to read them beforehand: * The Verger - https://www.teachingenglish.org.uk/sites/teacheng/files/Maugham_The_Verger_0.pdf * Harrison Bergeron - https://www.iwp.edu/wp-content/uploads/2019/05/Harrison-Bergeron.pdf

The Beatles are considered the most influential popular music act of the twentieth century, widely recognized for their influence on popular culture. The inability of other bands and artists to imitate their fame has prompted questions such as: How did the Beatles become so successful? What factors contributed to their success? Why did they break up? Ron and Ed will explore these questions and more in their interview with Professor Samuel R. Staley, author of The Beatles and Economics

Drones are among the most exciting and promising new technologies to emerge in the last few decades. Photographers, firefighters, filmmakers, engineers, and retailers have all used drones to improve public safety, innovate, and enhance creativity. Yet drones pose unique regulatory and privacy issues, and lawmakers at the federal and state levels are adopting policies that both ensure the safety of our national airspace and restrict the use of warrantless aerial surveillance. At a time when low-flying drones are affordable and ubiquitous, how useful are the airspace regulations and privacy laws designed for traditional airplanes and helicopters? Is there a way to build a regulatory and legal environment that ensures entrepreneurs and hobbyists can safely use drones while also protecting us from intrusive aerial surveillance?

Ron and Ed welcome back Professor Baruch Lev from NYU Stern Business School. He was last on back in July 2016 and we discussed his book, The End of Accounting and the Path Forward for Investors and Managers. We talk more about that book and his more recent article in Accounting Today, The sad state of accounting standards.