37:05

S01:E180 Apr 11, 2022

Can Economic Freedom Deter Russia? | #180

In this week's show, the Gwartney team argues against central planners by examining the economic freedom scores of different countries. Specifically, these are countries that were formed after the split of the Soviet Union. Some of these countries, like Poland, chose to pursue free-market economics, while others, such as Ukraine, continued economic central planning. Essentially, as the team points out, we are able to witness a natural experiment, does free-market economics make a country better off? Could economic freedom deter Russia? Join the show now! Timeline: Two ways to organize oneself - market or central / 1:30 No profit motive / 5:00 Unforeseen opportunity costs / 8:40 Incentive challenges for the Soviet Union / 11:30 Shock therapy / 16:45 Per-Capita income / 26:40 What's the data saying?  / 32:30 Does the free market create better outcomes? /37:00 Don Levoy- National Economic Planning: What is Left Milton Friedman- I Pencil freetheworld.com  Frasier Institute

37:05

S01:E178 Mar 28, 2022

Civil Society is Market Group Action? -Creighton Event | #178

In this week's episode, the Gwartney team is at Creighton University! The institute took some of our students down to Creighton University for Humanomics 2022. This event had students go through 3 discussion sessions, 2 keynote lectures, 1 faculty panel, 1 movie discussion, and finally a podcast. The topics that were discussed at this event were social norms, collective action, fiscal decentralization, and the city. This show talks about civil society today. Dr. Russ McCullough and Dr. Peter Jacobsen are joined by three other professors on the show. Dr. Tony Gill from the University of Washington, Dr. Vlad Tarko from the University of Arizona, and Dr. Michael Thomas from Creighton join the team to discuss these issues. The second half is questions from the students who are in the audience while the podcast is being recorded.  YouTube Video of show available by following the link below: https://www.youtube.com/watch?v=pG7w-E9xcmY

42:08

S01:E177 Mar 21, 2022

Black Liberation, Free Markets and Church -Dr. Rachel Ferguson | #177

In this week's episode, the Gwartney team welcomes back Dr. Rachel Ferguson. Rachel has been on our show many times before, but this episode is special because it features her new book coming out, "Black Liberation Through the Marketplace: Hope, Heartbreak, and the Promise of America." This book is released on May 10th so make sure you follow the link below to pre-order the book. Here is a quick background below on Rachel before you listen to the show about her new book. Rachel Ferguson is an economic professor at Concordia University Chicago. As director of the Free Enterprise Center there, she leads a nationwide, cross-disciplinary faculty network that engages questions of liberty and virtue through seminars, conferences, and pedagogy. Dr. Ferguson has been a visiting fellow at the Eudaimonia Institute and her work can be found in Discourse, the Journal of Markets & Morality, and the Library of Economics and Liberty. Ferguson lives in St. Louis, Missouri where she is actively involved in community building and empowering marginalized entrepreneurs through LOVEtheLOU and Gateway to Flourishing. Timeline:  Classical Liberal Takes on Black American history / 2:30 Living Up to the Constitution / 6:25 Civil Society Push for Advancement / 8:15 Oppression Does Not Lead to Flourishment / 13:00 Pirates Don't Help the Economy / 16:45 The Church and Black Leadership / 19:00 Barriers Throughout History / 23:30 Local Empowerment / 35:15 Cannot Create Stability From Above / 39:00   https://www.amazon.com/Black-Liberation-Through-Marketplace-Heartbreak/dp/1637583443

30:28

S01:E176 Mar 14, 2022

Marshmallows, Saving and Investment | #176

This week the Gwartney Institute talks about the Stanford Marshmallow experiment. Would you wait and get rewarded? Or would you be taking the marshmallow right away? Figure out what that answer could mean for your future with the answers from our philosopher Dr. Justin Clarke and the team.

40:15

S01:E175 Mar 7, 2022

Tinkering with the Economy -Bad Idea | #175

This week's podcast is a continuation and part 2 of the last show, "E-communist or Economist?" Peter continues going through his paper he wrote on a survey conducted on economists, entitled "New Survey Shows Economists Are Warming Up to Central Planning". In this episode, we describe what is causing economists to shift their beliefs so much in the past 20 years.  Quote of the Cast  "Culture lacks believing in a truth" - Russ Timeline: Wealth Distribution / 1:00 20 Point Swing in Ten Years / 7:05 Economists Have Less Faith in Taxes / 11:45 "Pushing" Them Over the Border / 15:30 Can We Crawl Back / 23:30 Less Confidence in Markets / 28:35 Eating Our Seed Corn Too Long / 38:05

31:05

S01:E174 Feb 28, 2022

E-communist or Economist? | #174

This week the Gwartney team talks about a recent article Dr. Peter Jacobsen published for FEE. The article is titled "New Survey Shows Economists Are Warming Up to Central Planning." The show goes through the different survey questions that were brought up in the article. Russ, Peter, and Justin chime in about the changes from 1990 to 2021.  Timeline: We are all socialists? / 1:45 Spend! Taxes! / 5:40 What changed from 1990 to 2021? / 7:30 Passing the can down the road / 10:55 Crowding out / 13:40 Economists believe in the state / 17:00 Okay to do nothing? / 23:30 Liberty / 28:00 Link to the article: https://fee.org/articles/new-survey-shows-economists-are-warming-up-to-central-planning/

33:15

S01:E173 Feb 21, 2022

What's going on in Canada? | #173

This week the Gwartney team talks about what has been happening in Canada. The team goes over the current situation of truckers blocking major roads and adding congestion to the city of Ottawa. This is a friendly protest against the vaccine mandates that are happening all around Canada. Some people are upset and some are enjoying the content from the peaceful protest. Hear what the team has to say about this story, enjoy! Timeline: The Trucker convoy - 0:45 When does the protest become Immoral - 4:40 What goes around, Comes around - 6:15 Is the protest pushing the line? - 8:40 Who is responding to this, Government Officials? - 10:35 More than a sit-in, it's a family event - 16:00 Go Fund Me Madness - 18:15 Peter and Russ talk Cronyism - 24:00 Alternative Fundraisers - 29:45 Bitcoin is the response to Cronyism - 32:00

33:23

S01:E172 Feb 14, 2022

Should the Pope Speak on Economics -Dr. Julia Norgaard | #172

Julia Norgaard joins the Gwartney team this week to talk about the Pope and economics. Julia R. Norgaard received her Ph.D. from George Mason University where she was a Ph.D. fellow at the Mercatus Center and a graduate lecturer. In 2015, she received her master's degree in economics from George Mason University. Dr. Norgaard received her BA in economics with a minor in mathematics from the University of San Diego in 2012. Her interests include applied microeconomics and political economy as well as law and economics and development. Dr. Norgaard created and currently runs both the PEP Talks Research Seminar and the Economics Reading Group. She has a passion for both research and teaching economics. We really enjoyed this show and look forward to another show with Julia in the future. Enjoy the show!  Timeline: The Pope knows his Econ - 1:00 There is no official training - 4:15 Popes Influenced from their backgrounds - 5:15 Pope Francis is less friendly to free markets - 7:40 Can't escape words out of the mouth - 8:15 Pope is 'American' - 11:30 Culture's effect? - 15:45  Some specific views - 17:30 It's important for the Pope to be in the discussion - 20:30 Are Pope's leading social trends - 24:30 What is Ex Cathedra? - 25:15 Shook it up - 32:00

37:06

S01:E171 Feb 7, 2022

Morality of Guns? -Philosopher Tim Hsiao | #171

This week the Gwartney team welcomes special guest Tim Hsiao. Tim is the Assistant Professor of Philosophy and Humanities at the University of Arkansas Grantham. Tim's areas of specialization are applied ethics, social philosophy, and environmental ethics. Tim has a wonderful article on, "The Moral Case for Gun Ownership," which we found very intriguing. Tim is a concealed carry instructor and master handgun instructor. He has all of the experience and knowledge to be an expert on this topic. We hope you enjoy the show. To learn more about Tim scroll down to find his website with more of his publications available.  Timeline: Give us the Argument Tim! - 2:50 Right to be a last line of Defense- 6:20 Right to Safety- 10:00 Moral trumps Utilitarian?- 15:00 Faith + Guns- 17:40 Luke 22:36, How do we as Christians navigate this verse- 19:20 Concealed Carry- 23:15 AR-15- 29:00 Police Militarization- 33:10 Tim Hsiao Website- https://timhsiao.org/

33:57

S01:E136 Jan 31, 2022

War -Morality and Economics Matter | #170

This week the Gwartney team talks about war! Are we on the brink of world war 3? Give a listen to our show to see what the three professors have to say about what is going on between Russia and Ukraine. What is the role of economics during a war?  Timeline: Should the US back Ukraine or back off? / 1:45 Different modes of combat / 5:20 Look out for your clientele government / 9:50 Actions do not match / 12:00 Too many possibilities / 15:30 Love thy neighbor / 20:00 Military-Industrial complex / 25:00 What is military spending / 30:10 

33:43

S01:E169 Jan 24, 2022

U-haul It! – Policy Matters for Declining State Populations | #169

This week the Gwartney team looks at a topic that Dr. Jacobsen was researching. Peter was looking into what states people are leaving from the most. He noticed that New York, California, and Illinois are the top three states with the highest declining population rate. We discuss the reasons why this might be. Give it a listen to see if you think we got it right.  Timeline: Net Domestic Migration - 1:45 Economic Freedom and Moving - 8:00 Where are they leaving to? - 12:45  Illinois whatcha doing? - 16:30 Faith Factor - 21:00 The in-Person school will prevent migration? - 23:20

32:27

S01:E168 Jan 17, 2022

2022 Predictions -Culture, Politics, Economy and Religion | #168

In this week's episode, the Gwartney team takes a look into the future with their early 2022 predictions. What policies do you think are sticking around this year? Russ and Peter discuss what the economy is going to look like in the upcoming year, and my personal favorite is the prediction of who is winning the Super Bowl this year. If you like the show please share it with friends.  Timeline: Covid - 1:50 Do we keep everything shut down still? - 3:45 What is there to look forward to? - 7:15 Stare at the Data! - 9:45 Will churches be stronger this year against Covid - 15:00 What will the Mid-terms look like? - 21:00 Inflation Predictions? - 22:15 Energy Market - 27:15

42:00

S01:E167 Jan 10, 2022

CDC, Cost-Benefit or Political Interests? | #167

This week the Gwartney team talks about Covid policies. Were these policies put into place using cost-benefit thinking or were they politically motivated? Dr. Jacobsen helps us understand James M. Buchanan's thoughts about how to fully understand opportunity costs. Are Christians more likely to not be afraid of the virus? There is a lot in this show that we know you will like, enjoy!

45:03

S01:E166 Jan 3, 2022

Thou Shalt Not Kill -Death Penalty? | #166

This week the Gwartney team talks about the death penalty. When should the death penalty be used and is it always justified. What are your thoughts on the death penalty? See if your thoughts align with anyone on the Gwartney team. 

37:51

S01:E165 Dec 27, 2021

Stealing is Ok in San Francisco? | #165

This week the team talks about the 'Smash & Grabs' that have happened in the San Fransisco area. We have now seen them happen around the nation but we stick to the big ones happening in SF. We talk about why these thief's are allowed to be doing this with no consequences. Then we get into how we can fix this problem and make it better for everyone. What policies would you consider implementing, tell us at gwartney.institute@gmail.com.

40:14

S01:E164 Dec 20, 2021

Experience or Jesus Machine -Who Wins? | #164

The experience machine or pleasure machine is a thought experiment put forward by philosopher Robert Nozick in his 1974 book Anarchy, State, and Utopia. It is an attempt to refute hedonism by imagining a choice between everyday reality and an apparently preferable simulated reality. The Gwartney team is led through this thought experiment by Dr. Justin Clarke as he explains what Nozick is trying to accomplish. Is Facebook and the Meta-verse already a little experience machine? Is there a Jesus Machine? Give a listen to what the team has to say about this thought experiment. 

34:30

S01:E163 Dec 13, 2021

Political vs Economic Policy -It’s Obvious Mr. President | #163

This week's show the Gwartney team talks about the price of gas, and why we keep seeing it rise. The first half is full of what happened to our oil reserves and why prices continually rise higher. The second have of the show gets into inflation. What does this mean for our future with inflation and rising prices of goods? Give the show a listen to see what the team has to say. 

36:05

S01:E162 Dec 6, 2021

Fact Checking a Fraud? | #162

Inspired by Mark Hemingway's article "The Myth Of ‘Fact-Checking’: How Facebook Created The World’s Largest Censorship Operation"

32:17

S01:E161 Nov 29, 2021

Child Labor -Should They Work? | #161

Child labor laws in America have been in the headlines for years. Should they be more strict or should teenagers be allowed to work and gain experience? What about child labor laws in other countries, what can we do about those? Give a listen to this week's podcast and listen to what the Gwartney team has to say about child labor.  Timeline: Addressing the Narrative - 3:40 Cutting the Pie - 6:10 Need More Children Working? - 12:20 Coerced Labor - 20:00 Answer in Legislation? - 23:30

40:27

S01:E160 Nov 22, 2021

Free Will, God and Choice Constraints | #160

This week the Gwartney team talks about free will. There was a three-part series that we did previous to Peter joining the team, so we wanted to hear his thoughts. Justin gives us a little background on who a determinist is, a free will advocate, and then who are the compatibilists? What does God have to do with all of this? Enjoy the show! Timeline: Deterministic - 2:15 Compatibilists - 4:30 Illusion - 10:30 Actions Due to Belief and Desire - 21:15 God Has a Nature - 30:00 Randomness for Freedom - 39:30  

27:37

S01:E159 Nov 15, 2021

Rules vs Principles -Map and Territory Distinction | #159

This week the Gwartney team talks about the map and territory distinction. Why are we talking about maps and territory on the show? Well, it is actually quite important. Are there people out there trying to change the maps to make the territory look different. Give a listen to what the team has to say about this distinction and why it might be very important today.  Timeline: Look at the territory, not just the map- 2:15 Politics has an incentive to alter labels- 7:00 Warping an unchangeable map?- 11:15 Meet people when their at- 18:45 Make things loud that shouldn't be 22:35 Jesus is territory orientated- 24:40 Decisions that follow territory, are done with faith- 30:05

37:28

S01:E158 Nov 8, 2021

Moral Requirements? Evaluating Good and Bad | #158

In this week's episode, the Gwartney team talks about some moral requirements we might have. Justin brings up moral acts that are supererogatory. Supererogatory is the technical term for the class of actions that go “beyond the call of duty.” Roughly speaking, supererogatory acts are morally good although not (strictly) required. Although common discourse in most cultures allows for such acts and often attaches special value to them, ethical theories have only rarely discussed this category of actions directly and systematically. Are we always supposed to do the right thing? Let's see what the team has to say about these moral requirements.  Timeline: What does moral requirement mean?- 4:40 Everybody is Unethical? All the time?- 9:45 "Morally we are Doomed"- 13:20 Too sematic- 23:05

36:29

S01:E157 Nov 1, 2021

Tale of the Slave? -Nozick Explained | #157

The Gwartney Institute talks about Robert Nozick's, the Tale of the Slave! Join the team as Justin guides us through Nozick's writing to discover how free we humans truly are. Click the link to follow along! https://rintintin.colorado.edu/~vancecd/phil215/Nozick.pdf  Timeline:  No Longer Tale of the Slave? - 9:00 We Are Slaves - 17:45 Is Free-er better? - 21:05 Freedom Within Constraints - 32:40 Quote of the Cast: "Is gravity slavery?" - Peter https://timothykeller.com/books/every-good-endeavor

36:12

S01:E156 Oct 25, 2021

China’s Social Credit Scoring System | #156

This week the Gwartney team talks about China's social credit scoring system. We recently went to a presentation in Witchita, KS where we saw Abigail Devereaux talk about this social credit system. She highlights the dangers of a social credit system and why it shouldn't be used in a centralized way. Private rating systems help us make great decisions, but this social credit system attacks freedoms. You can listen to our podcast and read her paper on this topic by following this link: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3286666 Timeline: What goes into your Social Credit? - 3:00 Should we be worried? - 5:35 Debt Score - 10:00 426? You get to Travel!- 13:05 Aggregation of criteria leads to people as 'units' - 22:35 Mussolini - 27:00 Objective social Rating - 31:40 Socially valuable to the Region - 34:00 Building out? - 35:45 Lil trickle in the U.S? - 37:50 Quote of the Cast:  I'm just glad my score is higher than Nate's- Justin 

33:34

S01:E155 Oct 18, 2021

More Taxes, More Debt, Print Money –Only 3 Options |#155

The Gwartney team talks about debt and deficits on this week's show. Should we be concerned with where the national debt is currently? What can we do to help get us out of this problem? Listen to find out! Timeline: Social Debt is Ok- 5:15 Tools of Government- 9:00 Laffer Curve- 9:50 Looking for Free Money- 20:35 The exodus of People- 23:30 Vulkar- 26:00 These People are People- 31:10 Quote of the cast:  We have three ways to pay our debt. We can use debt to pay back debt, raise taxes, or print off more money. Those are the only 3 options we have. -Peter

35:55

S01:E154 Oct 11, 2021

US Military Propaganda Spending in Hollywood? -Dr. Chris Coyne Explains | #154

The Gwartney team wants to welcome Chris Coyne to the show this week! This week the team talks to Chris about his book, Manufacturing Militarism. Christopher J. Coyne and Abigail R. Hall detail how military propaganda has targeted Americans since 9/11. From the darkened cinema to the football field to the airport screening line, the U.S. government has purposefully inflated the actual threat of terrorism and the necessity of a proactive military response. Give a listen to what the team has to say about this topic. Link to the Book: https://www.amazon.com/Manufacturing-Militarism-Government-Propaganda-Terror-dp-1503628361/dp/1503628361/ref=mt_other?_encoding=UTF8&me=&qid= Timeline:  Voting Booth is Discipline- 4:45 Unknown Consumption- 8:30 Classify Everything!- 14:30 Want Explosives? Pay in Propaganda- 22:00 He Shoots... It's Propaganda- 25:00 War is the Greatest Threat to Liberty- 34:00 Quote of the Cast: The normalization of military propaganda makes the country comfortable around this militarism because we are surrounded by it constantly- Chris

52:26

S01:E153 Oct 4, 2021

Abortion -Immorality Thought Experiments | #153

This week the Gwartney team talks about two different thought experiments brought up by Dr. Justin Clarke on Abortion. These thought experiments run through the first and second half of the show. The team then analyzes each of the arguments brought up by the experiment to see which one is better in comparison. The first thought experiment is Judith Jarvis Thomson's, A Defence of Abortion. The second one is Don Marquis's, Why Abortion is Immoral. Enjoy the show! LInk: https://spot.colorado.edu/~heathwoo/Phil160,Fall02/thomson.htm = Judith Jarvis Thomson's, A Defence of Abortion https://rintintin.colorado.edu/~vancecd/phil215/Marquis.pdf = Don Marquis's, Why Abortion is Immoral Timeline:  The Arguments- 1:45 Jarvis Thompson- 7:15 No Requirement to Val- 11:30 Brain 'EM- 15:00 Burden Changing Your Morality- 17:10 Abortion is Immoral?- 21:10 Deprived of a Valuable Future!- 26:35 When Does the Clock Start?- 30:00 Self Defense or No?- 35:10 Val the violinist pt. 2- 47:05 Quote of the Cast: I have a button, if I push it, you die. - Peter Jacobsen

32:29

S01:E152 Sep 27, 2021

Live and Let Live -Libertarian Priors 11-20 | #152

In this episode, the Gwartney team takes a look at some Classical Liberal priors. This article by Donald J. Boudreaux discusses his personal 20 priors that play a significant role in discussions of society and economics. The team goes through the second 10 in this episode discussing how we feel about each one. If you would like to read each prior as we go along with them the link is below: https://www.aier.org/article/some-classical-liberal-priors/ Timeline: FDR is a predator?- 2:30 Adam Smith's Invisible Hand- 14:05 Solve a Complex Problem w/ simple solution- 20:03 Philosophers in charge- 27:00 No Free Lunches- 29:00 Quote of the Cast: No Free lunches unless there is a Pareto improvement- Peter

32:23

S01:E151 Sep 20, 2021

Live and Let Live -Libertarian Priors 1-10 | #151

In this episode the Gwartney team takes a look at some Classical Liberal priors. This article by Donald J. Boudreaux discusses his personal 20 priors that play a significant role in discussions of society and economics. The team goes through the first 10 in this episode discussing how we feel about each one. If you would like to read each prior as we go along with them the link is below: https://www.aier.org/article/some-classical-liberal-priors/ Timeline: Going Against Equality- 8:10 Society Cannot be Engineered- 11:00 Update your Priors Man- 13:55 Justin Hates Accountability- 16:02 Who is Gonna be the Person on Top- 30:00 Quote of the Cast: "I don't think a cow could be considered a moral agent" - Justin Clarke

44:48

S01:E150 Sep 13, 2021

The Maker vs. The Takers -Jerry Bowyer | #150

Podcast number 150!! We are happy to share this huge milestone with a special guest. Jerry Bowyer joins the Gwartney team this week, discussing his book The Maker vs. The Takers. Jerry's book is a close reading of the Gospels that takes history and archeology into account, demolishing the myth of a socialist Jesus.  Timeline:  Jesus and Economics- 3:15 "Tear Down" Impulse- 5:45 Revelation from God, That isn't Fallen- 8:40 Jesus is Engaged with Economics- 13:00 Jesus and the Young Rich Ruler- 16:00 Galilei Functioning Entrepreneurially- 19:10 Nature of the Class- 22:15 Maker vs. Taker- 24:00 Israel is Supposed to Fix Rome- 26:35 Hell on Earth- 29:35 Jesus and The Market- 32:00 Quote of the cast:  "And Christianity could critique itself and still survive. " - Jerry Bowyer

36:31

S01:E149 Sep 6, 2021

Timeshare and Strategic Irrationality | #149

In this week's podcast, Dr. Justin Clarke takes the team through his experiences of timeshare presentations. Justin and Russ both have been through multiple timeshare presentations, and Justin brings a great argument to the table that everyone can use in their life. Justin asks during the podcast if it's okay to be irrational at times, and tells the audience at the end to be able to pull the "no" card out of your pocket in certain situations. We hope you enjoy it! Timeline: It's okay to be irrational - 5:30 Is rationality a constraint? - 9:05 Strategic irrationality is a tool - 14:20 Embrace a certain irrationality - 19:30 Some truths aren't expressable - 24:30 Back to loving freedom - 27:50 Quote of the Cast: "How do we get out of this sales pitch?" - Russ "I would punch that Tortoise in the face!" - Luke

38:02

S01:E148 Aug 30, 2021

Tho Bishop -Anatomy of the Nation | #148

In this week's episode, the Gwartney team welcomes Tho Bishop on the show. Tho is an assistant editor for the Mises Wire, and can assist with questions from the press. Prior to working for the Mises Institute, he served as Deputy Communications Director for the House Financial Services Committee. His articles have been featured in The Federalist, the Daily Caller, and Business Insider. We look back at our team's Dangers of Democracy podcast to hear the thoughts of Tho Bishop's cure for the nation. Tho dissects what is currently wrong in the nation and provides us with potential actions to prevent the overstretch of big government.  Timeline:  Improving Politics- 1:50 Ron Paul Movement- 6:35 Working on a Local Level- 8:50 What Events Can Activate People Politically- 13:22 Is the Fed too Big?- 19:35 What role does the Christian Faith Play in Political Unfoldings and Personal Lifes- 25:40 One Size Does Not Fit All- 34:00 Quotes of the Cast:  "When you have 70% of supporters questioning an election, it erodes the fabric of legitimacy. That combined with an energetic Federal government historically ends in chaos." - Tho "A powerful regime motivated by bad ideas" - Tho Important Links:  https://mises.org/forms/get-your-free-economics-one-lesson-book https://www.amazon.com/Anatomy-Crash-Financial-Crisis-2020/dp/1610167228#:~:text=Anatomy%20of%20the%20Crash%3A%20The,9781610167222%3A%20Amazon.com%3A%20Books

33:54

S01:E147 Aug 23, 2021

Fear and Trembling -Faith with Kierkegaard | #147

This episode Dr. Justin Clarke takes the team through Danish philosopher Kierkegaard's "Fear and Trembling." The story of Abraham is taken into a different light. We hope you enjoy! Show Timeline: -Background on Kierkegaard -Other examples in history of sacrificing -1 on 1 relationship with the absolute -Abraham is God? -Faith is a passion Quote of the week from the show: "Where are you going to leap to?" - Dr. Justin Clarke Fear and Trembling: https://www.religion-online.org/book/fear-and-trembling/ Limits of Moral Authority: https://global.oup.com/academic/product/the-limits-of-moral-authority-9780198728900?cc=us&lang=en&#

32:51

S01:E146 Aug 16, 2021

Space -Waste of Resources? | #146

This week the Gwartney team talks about space. We have heard in the news about the space race between three billionaires, as they try to sell commercial flights into space. Listen to what the team thinks about these rockets being sent up into space. Enjoy!

36:04

S01:E145 Aug 9, 2021

Faith, Work, and Deming with Dr. David Church | #145

This week the Gwartney team has a very special guest on the show. Dr. David Church joins the team to talk about faith, work, and Deming. The team talks about leading and managing with faith. How do we build trust in our society today. What does Christ have to do with all of this? We hope you enjoy the show. 

41:09

S01:E144 Aug 2, 2021

Dangers of Democracy | #144

This week the Gwarntey team talks about Democracy. What are the good parts about it, but what short comings do we see in democracy. Find out what the professors believe is right. Enjoy!

30:15

S01:E143 Jul 26, 2021

Science as a Religion -Why it is Not Flourishing | #143

In this week's episode the Gwartney team talks about the retraction of a academic paper. On our last show we talked about vaccines and there safety. This data was given to us by a paper published in the journal called Vaccines. The paper was retracted because of its data set, but was there more too it? 

32:06

S01:E142 Jul 19, 2021

Vaccine Faith for Kids? | #142

In this weeks episode, the Gwartney team talks about the COVID-19 vaccine. Should we be worried about your kids receiving the vaccine even with the unknown side effects, or not being worried about getting the vaccine and your kid having the risk of getting Covid. Listen to what the team has to say about this topic for the week.

38:20

S01:E141 Jul 12, 2021

When is the recession hitting? -Austrian Business Cycles | #141

Welcome to another Faith and Economics podcast! This week the Gwartney team talks about what a business cycle is, specifically the austrian business cycle. They then turn the conversation into whether or not a recession is going to hit soon. We hope you enjoy!

37:38

S01:E140 Jul 7, 2021

The Lindy Effect -Evidence of Order? |#140

This week the Gwartney team talks about the Lindy effect. The Lindy effect is The Lindy Effect is the idea that the older something is, the longer it’s likely to be around in the future. Nassim Nicholas Taleb, in his book, Antifragile: Things That Gain From Disorder, defines it for non-perishable items (things like information, intellectual production, etc.) as so: If a book has been in print for forty years, I can expect it to be in print for another forty years. But, and that is the main difference, if it survives another decade, then it will be expected to be in print another fifty years. This, simply, as a rule, tells you why things that have been around for a long time are not “aging” like persons, but “aging” in reverse. Every year that passes without extinction doubles the additional life expectancy. This is an indicator of some robustness. The robustness of an item is proportional to its life! Enjoy!!

38:22

S01:E139 Jun 21, 2021

Alaska Dividend Promotes Universal Basic Income? | #139

This week's podcast the team talks about Alaska. Dr. McCullough just got back from Alaska where he gave a presentation on the economic freedom of Alaska. He learned some interesting things about Alaska during his stay there. He learned that the prices of goods are outrageous and what we talk about on this show is the Dividend that Alaskans receive each year. Then we talk about how this dividend works and whether it is successful or not, and if it could show us evidence that a UBI could be successful. 

31:34

S01:E138 Jun 14, 2021

Faith in Expert Scientist Declines? | #138

This week's podcast is about science and scientists specifically Dr. Fauci since he has been all over the news with his emails being leaked. The podcast talks about what happened and then about where its all gone wrong. Should there be a separation of science and state?? Enjoy.

30:58

S01:E137 Jun 7, 2021

Don’t waste a Crisis –with Christ you will be Ok | #137

This week's podcast the Gwartney team wants to continue off of the last podcast on inflation. This week the team talks about what a crisis is and why there doesn't need to be such a worry involved with a crisis especially with Christ on your side. We hope you enjoy the podcast.

36:31

S01:E136 May 31, 2021

Inflation Rising is Not a Leap of Faith | #136

This week the Gwartney team talks about a hot topic in recent news... Inflation. The Gwartney team talks about what inflation is and what are the methods of measuring it. Then the conversation moves into how what the future might have in store for us with the rise in inflation. Enjoy!

34:26

S01:E135 May 24, 2021

How does your Personality Matter? | #135

This week the Gwartney team took a personality test previous to the show and discussed the results. To take the test and compare it to the team use this website below: https://www.16personalities.com/free-personality-test The team then in the second have takes their results and seeing how personalities are used in faith and how they can be related to economics. We hope you enjoy the show!

39:02

S01:E134 May 17, 2021

"25 Things Wrong with Culture" | #134

The Gwartney team this week talks about the change in culture. Dr. Clarke brings up an article by Daniel A. Kaufman, titled, "TWENTY-FIVE THINGS EVERYONE USED TO UNDERSTAND." Kaufman writes these 25 propositions below that say things that pretty much everyone in the United States understood until "five proverbial minutes ago."  He wrote them down, not just as a reminder of how much things have changed in such a short time, but because together, they represent a wisdom about life that is needed today more than ever before. Give the show a listen and see what the team agreed with and which 25 we discuss on the show! Enjoy.  Link to the 25 things below:  https://theelectricagora.com/2021/05/02/twenty-five-things-everyone-used-to-understand/

32:36

S01:E133 May 10, 2021

“Is Media Deception a Dumpster Fire or Progress?” | #133

This week the Gwartney Institute talks about today's media. Specifically the team talks about media deception, and how media changes what actually happens. We saw this a lot when Trump was in office with articles that weren't telling the truth, and social media spreading things that most likely aren't true. This is now happening with Joe Biden. Our last podcast covered his so called meat laws that he wanted to implement, but Biden has never actually said anything about meat laws it was just the media deceiving the public. See what the team thinks about this and why our society is doing this. Also hear about some of their solutions to this issue. Enjoy!

38:41

S01:E132 May 3, 2021

“Save the planet with Meat Laws?” | #132

This weeks podcast the Gwartney team is talking about meat. Yes, meat! Here is why, climate change was a central policy for Joe Biden during the 2020 election, and last week the president hosted a summit with 40 world leaders to discuss their response to the crisis. At the virtual event, Biden announced a new target for the U.S to cut emissions by 50 to 52 percent by 2030 compared with 2005 levels. The summit was followed by claims on social media that Biden plans to cut meat consumption in the U.S. to combat climate change. Give the show a listen to see what the professors feel about this topic. Enjoy!

38:39

S01:E131 Apr 26, 2021

"Minimum Wage should be Zero" -Dr. Victor Claar Explains | #131

The Gwartney team this week talks about the minimum wage argument. This discussion is led by our special guest Dr. Victor Claar. Dr. Victor V. Claar is associate professor of economics at Florida Gulf Coast University in Fort Myers, where he holds the BB&T Distinguished Professorship in Free Enterprise. He studied business and math as an undergraduate at Houghton College in upstate New York, and earned his masters and doctoral degrees in economics at West Virginia University. Professor Claar is an affiliate scholar of the Acton Institute, as well as a member of the Foundation for Economic Education's Faculty Network. He is a Fulbright Scholar, having spent a year teaching economics to graduate students in the former-Soviet republic of Armenia. Professor Claar has a long, impressive record of publications, including his influential book, Economics in Christian Perspective: Theory, Policy and Life Choices, now in its tenth printing and recently translated into Chinese. His forthcoming book with coauthor Greg Forster, The Keynesian Revolution and the Rise of Economic Materialism: We're All Dead, is under contract to be published in early 2019 by Palgrave Macmillan. The link to his minimum wage article is here: https://www.thepublicdiscourse.com/2021/03/74720/

33:35

S01:E130 Apr 19, 2021

Vaccine Passports -Is this Freedom? | #130

This week's podcast the team talks about the proposal of vaccine passports. The team talks about whether they are for or against these passports, and then the many different arguments that could support these passports or deny the use of them. We hope you enjoy!

36:11

S01:E129 Apr 12, 2021

Social Trust -Mostly down, Is this Good? | #129

This week's podcast episode is on the social trust of certain institutions. There is information out that says the younger generation has a decrease in trust for many different institutions like the government, scientists, and police. This podcast idea was brought up after one of the institutions that is decreasing is the church. Listen to what the team's thoughts are on this topic. The Gallup poll link is below: https://news.gallup.com/poll/1597/confidence-institutions.aspx

56:52

S01:E128 Apr 5, 2021

Freedom from the Law? - Guest Dr. Rachel Ferguson | #128

This week's podcast the Gwartney team welcomes Dr. Rachel Ferguson back to the show. The podcast this week a more on the faith side talking about how old testament laws can shape Christians today. The idea for the podcast was from Dr. Rachel Ferguson and Dr. Russ McCullough after they both listened to a podcast from the Biblical Mind group. Their podcast has "Dr. Carmen Imes, Associate Professor of Old Testament at Prairie College in Alberta, Canada, talks with Dr. Dru Johnson about the role of the Old Testament laws. Fulfilling individual Old Testament laws is meant to shape the wisdom and character of God's people in response to God's already accomplished work of salvation. Dr. Imes talks about biblical oath-making, the difference between ancient and modern views of law codes, and how God secures his faithfulness by swearing on Himself. If we learn to read the law as an extension of our love for God, we can see how the practices and guidance of the Torah can shape our modern life as Christians." The Gwartney team shares their thoughts about what they though of this podcast and their thoughts on the Law. The link to the biblical mind podcast is below:  https://podcasts.apple.com/us/podcast/the-biblical-mind/id1468537756?i=1000492595207

32:54

S01:E127 Mar 29, 2021

Faith, Freedom, and Dr. Suess | #127

The podcast this week is about the children's books that were banned recently. The author is Dr. Suess and 6 of his books have been pulled from the shelfs and banned in many libraries around the country. See what the professors have to say, and what economic, philosophical, and faith principles can be woven into a situation like this. We had a mic malfunction for the first 5 minutes of the podcast so the audio might not be the best quality until the mark of 5:57 in the podcast.  Enjoy!!

43:22

S01:E126 Mar 22, 2021

Need Faith for Universal Basic Income? | #126

This week the Gwartney team talks about a Universal Basic Income or UBI. Give a listen to what our professors think about a universal income. Will it ever be put into place where it can work? 

38:45

S01:E125 Mar 15, 2021

Negotiating Fairness –Are All Negotiations Fair? | #125

Another Faith and Economics podcast with the Gwartney Team! This week's show talks about fairness in negotiations. Are all negotiations fair? The team takes a look at Dr. McCullough's negotiations fairness theorem and the team decides if it can be applied to all negotiations. What qualifies a negotiation as being fair? Find out what the team thinks about these questions by listening to our show. 

33:35

S01:E124 Mar 8, 2021

Should We Still Have Faith in the Constitution? | #124

This week the Gwartney team talks about the constitution. The last two weeks have been focused on rights so we thought it was appropriate to bring the constitution into the conversation. The constitution gives us rights to follow, but should we still have faith in it after this long? 

39:10

S01:E123 Mar 1, 2021

Rights -From God or Government? |#123

This week the Gwartney team talks about rights again. Are these rights god given or decided on a majority of what the people believe is true. Enjoy! 

36:03

S01:E122 Feb 22, 2021

Freedom Rights for the Public Good -Fair Trade? | #122

The Gwartney team this week talk about rights. What are rights? The team discusses the issues around the nationally mandated lockdowns, and if they infringed on your rights. Give it a listen! 

33:59

S01:E121 Feb 15, 2021

Render to Caesar –Should We and When? | #121

In this week's podcast the Gwartney team talks about the phrase, "Render unto Caesar the things that are Caesar's, and unto God the things that are God's." The phrase has become a widely quoted summary of the relationship between Christianity, secular government, and society. The original message, coming in response to a question of whether it was lawful for Jews to pay taxes to Caesar, gives rise to multiple possible interpretations about the circumstances under which it is desirable for Christians to submit to earthly authority. Here what the team's thoughts are on this phrase in today's world, enjoy!

33:40

S01:E120 Feb 8, 2021

GameStop, Hedge Funds, and David vs. Goliath | #120

This week the Gwartney team talks about an event that has been all over the news. The stock price of GameStop flew through the roof this last week because of some Reddit users on WallStreetBets. Give a listen to what the team thinks about this recent craze on Wall Street and how faith can be brought into the discussion. 

37:49

S01:E119 Feb 1, 2021

Faith and Free Speech - Is It Really Free? | #119

This week the Gwartney team talks about the first amendment. The team tries to define the meaning of free speech in our own words. Then the team tries to get to the real meaning of free speech since there isn't that clear of a definition out there. Then the team adds in a little bit of faith. Enjoy! 

39:57

S01:E118 Jan 25, 2021

Biblical Anthropology and Economic Systems | #118

This week on the show the Gwartney Institute talks about biblical anthropology and economic systems. We have special guest Dr. Jeff Haymond, Dean of the School of Business Administration and Professor of Economics at Cedarville University. Enjoy the mix of economics and faith during this episode. 

35:45

S01:E117 Jan 18, 2021

Is The Presidency Too Powerful? | #117

This week the Gwartney team talks about what happened at the Capital. This steers the conversation into the powers of the United States President. Do our President's have too much power, or not enough? Give it a listen. 

33:00

S01:E116 Jan 11, 2021

Gift Giving and Consumerism -Is Capitalism To Blame? | #116

This week the Gwartney team talks about consumerism and gift-giving. The team discusses what consumerism is, and why it's a hot topic during the holiday season. The team also brings the faith aspect into the discussion and then finally answering if consuming during the holidays is good for the economy. Enjoy!  

40:09

S01:E115 Jan 4, 2021

Urbit protects your digital property rights – CEO Galen Wolfe-Pauly | #115

This week the Gwartney team has on a special guest Galen the CEO of Urbit. We get to hear from him about what Urbit is and he answers all the questions that help the everyday person understand the importance of what their doing with Urbit 

39:17

S01:E114 Dec 28, 2020

Why won’t we run out of resources? -Stewardship | #114

This week the Gwartney team talks about environmentalism and resource use. There is effectively no difference between what people call renewable and nonrenewable resources is what Dr. Jacobsen says. Give a listen to what the professors have to say about this topic. 

32:34

S01:E113 Dec 21, 2020

Entrepreneurs and Models -What Needs More Faith? |#113

This week the Gwartney team talks about Dr.  Peter Jacobsen's defense of his dissertation. Peter's dissertation was three papers, but the team discusses only one on the show. This paper is called More Than Labor. Enjoy.

33:09

S01:E112 Dec 14, 2020

Own Nothing and Be Happy? The Problem with the Great Reset | #112

The Gwartney team this week talks about The Great Reset. There is a video attached below that helps explain what the World Economic Forum is proposing. We advise watching this short video first, then giving the podcast a listen. The link is below, Enjoy. https://www.youtube.com/watch?v=Hx3DhoLFO4s

31:51

S01:E111 Dec 7, 2020

Airline Overbooking – Faith and Fairness with Market Solutions | #111

This week the Gwartney team talks about the airline overbooking problem. After Dr. Peter Jacobsen introduces us to the problem and the solution the team ties his paper into faith and fairness with market solutions. Enjoy! 

36:03

S01:E110 Nov 30, 2020

Was Jesus a Socialist? -Guest Larry Reed |#110

The Gwartney team welcomes a great guest to the show, Larry Reed. We discuss his life and journey through faith, while also talking about his book, Was Jesus A Socialist? 

29:51

S01:E109 Nov 23, 2020

Faith in Uber and the Gig economy? | #109

This week the Gwartney team talks about Uber and the gig economy. A gig economy is based on flexible, temporary, or freelance jobs, often involving connecting with clients or customers through an online platform. Uber has shown how successful a gig economy can become. Could we see a gig economy form in our labor force and be successful in other types of businesses?

39:52

S01:E108 Nov 16, 2020

Fighting Poverty with Economic Freedom Part 2 | #108

This week the Gwartney team finishes up the economic freedom series. The discussion finishes up the last two areas of measurement for countries' economic freedom score. These last areas are freedom to trade internationally and regulations. 

30:43

S01:E107 Nov 9, 2020

Fighting Poverty with Economic Freedom Part-1 | #107

This week the Gwartney team talks about economic freedom! The main cornerstones of economic freedom are personal choice, voluntary exchange, open markets, and clearly defined and enforced property rights. The podcast's discussion is centered around the economic freedom index of the world developed by Jim Gwartney. This index measures five important areas of a country which are the size of government, legal system and property rights, sound money, freedom to trade internationally, and regulation. 

34:28

S01:E106 Nov 2, 2020

Great Barrington Declaration -COVID Shutdown? | #106

This week the Gwartney team talks about the Great Barrington Declaration. The Great Barrington Declaration brings together many of the worlds best infectious disease epidemiologists and public health scientists that have grave concerns about the damaging physical and mental health impacts of the prevailing COVID-19 policies, and recommend an approach they call Focused Protection. Enjoy! Check out the declaration here: https://gbdeclaration.org

32:49

S01:E105 Oct 26, 2020

Priests doing Economic Analysis? -Clara Jace explains | #105

This week's podcast we have a special guest on our show Clara Jace. Clara is a Ph.D. student at George Mason University and a Graduate fellow of the F.A. Hayek Program for Advanced Study in Philosophy, Politics, & Economics. Her research interests revolve around the fields of family economics, public choice, and the economics of religion. The podcast dives into some of her research about the school of Salamanca. The school of Salamanca is often identified as the first economic tradition in the history of "dismal science."  Learn more about her research with the link to Clara's paper below:   https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3288861

31:21

S01:E104 Oct 19, 2020

Corporate Social Responsibility -Part 2 | #104

This week's podcast is part 2 of the corporate social responsibility series. The Gwartney team discusses a New York Times article that marked Friedman's "The Social Responsibility Of Business Is to Increase Its Profits" article. Now 50 years later, the article we discuss celebrates the occasion by stirring a series of discussions and debates. They assembled more than 20 experts — including C.E.O.s, Nobel laureates and other top thinkers — and asked them to respond to the essay. Link: https://www.nytimes.com/2020/09/13/business/dealbook/milton-friedman-essay-anniversary.html

33:14

S01:E103 Oct 12, 2020

Corporate Social Responsibility -Part 1 of 2 | #103

It has now been 50 years since economist Milton Friedman asked and answered a fundamental question: What is the role of business in society? Friedman’s stance was,“There is one and only one social responsibility of business, to use its resources and engage in activities designed to increase its profits.” The Gwartney team takes a look at Friedman's stance with its recent 50 year anniversary, answering the question, "What is a corporations social responsibility?"

42:10

S01:E102 Oct 5, 2020

Power and Institutions- Part 3 The Nuremberg Trials | #102

This is the final part of the three part series on power and institutions. For this episode the Gwartney team talks about the Nuremberg trials, and their correlation with part 1 (The Stanford Prison Experiment) and part 2 (The Milgram Experiment). Enjoy!

37:46

S01:E101 Sep 28, 2020

Power and Institutions- Part 2 Milgram Experiment | #101

The Gwartney team talks about the Milgram Experiment this week. We are starting a trilogy and this episode is about the humans level of obedience and the corruption of power. Enjoy!

37:36

S01:E100 Sep 21, 2020

Power and Institutions –Part 1 Stanford Prison Experiment | #100

The Gwartney team talks about the Stanford Prison Experiment this week for our very special 100th episode. We are starting a trilogy and this episode starts it off with the corruption of power. Enjoy!

33:00

S01:E99 Sep 14, 2020

Faith and Expectations at Church | #99

This week's episode the Gwartney team takes a look into expectations of faith. The book "The Marketplace of Christianity" by Robert Ekelund, Robert Hebert, and Robert Tollison is used as a reference in this podcast. The book helps open up a discussion about the difference between credence goods and meta-credence goods, and how they are connected in our faith. 

32:40

S01:E98 Sep 7, 2020

The Problem of Evil and Suffering | #98

The Gwartney team discusses the problem of evil and suffering on this weeks podcast. 

35:53

S01:E97 Aug 31, 2020

Is there Biblical Support for a Wealth Tax? | #97

The Gwartney team this week talks about the idea of a wealth tax. The show focuses in on what a wealth tax is, and why it doesn't look like it will work or want to be accepted as a new tax form along side the already in use, income and property tax. The team also talks about the biblical side of taxes. 

38:43

S01:E96 Aug 24, 2020

Russ goes to Capital Hill -Economic Recovery with COVID | #96

Russ and the Gwartney team discuss the talk that Dr. McCullough had to Kansas policy makers on an economic recovery plan with COVID.  Dr. Russ McCullough catches the policy makers attention with his presentation on, "Healthcare Capacity as a Policy Tool." Here is the link to the testimony, Dr McCullough starts at 1:42:35: https://youtu.be/7iq9N-SLgwE And a link to the Policy Brief can be found here: https://kansaspolicy.org/surveying-small-businesses-covid-reopening-the-kansas-economy/

48:10

S01:E95 Aug 17, 2020

Free to Choose – Student reflections at Capitaf | #95

Dr. Russ McCullough takes students to Capitaf, which is Milton and Rose Friedman's summer home in Fairlee, VT. There the students and Russ discuss the books they read: "Free to Choose" and "Capitalism and Freedom" both written by Milton Friedman. 

37:29

S01:E94 Aug 10, 2020

Expectations and Happiness –Do Gaps Hurt |#94

The Gwartney team takes a deeper look into a ted talk titled "Why we're unhappy." The team talks about the policies and beliefs that Nat Ware proposes will fix the problem of unhappiness. The link to the ted talk is below.  https://www.youtube.com/watch?v=9KiUq8i9pbE&feature=youtu.be

32:09

S01:E93 Aug 3, 2020

Hedonism –Is it Christian | #93

The Gwartney Institute talks about the ethical theory of Hedonism. Is it true or is it false? Dr. Justin Clarke trys to bring Dr. McCullough and Dr. Jacobsen to the non-hedonist view point by delivering many examples of how it could be seen as false. 

35:25

S01:E92 Jul 27, 2020

Peter Jacobsen –Perspectives on Faith and Economics | #92

The Gwartney Institute welcomes Peter Jacobsen to the team. Hearing about his journey of faith and economics. 

30:33

S01:E91 Jul 20, 2020

Free Will Skeptics -Are we better off? | #91

This week the Gwartney team is applying their conversations on the 3 positions of free will (Determinism, Libertarianism, and Compatibilism) to real life examples.  https://youtu.be/rfOMqehl-ZA

33:42

S01:E90 Jul 13, 2020

Free Will Part 3 - Compatibilism | #90

This week the Gwartney professors covered part 3 of the theory of free will; compatibilism 

45:45

S01:E89 Jul 6, 2020

Free Will Part 2 - Libertarianism | #89

This week the Gwartney professors covered part 2 of the theory of free will; libertarianism

37:51

S01:E88 Jun 29, 2020

Free Will, Faith and Philosophy - Part 1 | #88

Our two professors sat down this week to discuss part one of three on the theory of free will; determinism. 

37:27

S01:E87 Jun 25, 2020

Looting - Thou Shalt Not Steal | #87

The Gwartney team discusses government and police response to the instances of looting that have occurred during the recent protest and what the bible has to say on this topic. 

40:47

S01:E86 Jun 15, 2020

Militarization of the Police | #86

The Gwartney Institute tackles the hot topic of militarization of the police using the "Campaign Zero" policies from 2015. 

37:47

S01:E85 Jun 8, 2020

Visible and Invisible - Drs. Dirk Mateer and Charity-Joy Acchiardo | #85

Drs. Dirk and Charity-Joy join the Gwartney team to discuss how economists can get swept up in visible information and miss some key invisible information in the decision-making process.

35:34

S01:E84 Jun 3, 2020

The Trolley Problem, What Would Jesus Do? | #84

The Gwartney team dives into the philosophical trolley problem and discuss why people struggle with different scenarios. 

37:56

S01:E83 May 18, 2020

Debit Forgiveness for Everyone? Charles Bryfogle | #83

Charles Bryfogle joins the Gwartney team to discuss debt forgiveness and Christian jubilee as a potential solutions for economic collapse. 

36:38

S01:E82 May 11, 2020

Morality and mechanics about how the government will pay for Covid | #82

The week the Gwartney teams discusses the morality and mechanics behind how the government is paying the stimulus for covid. 

26:49

S01:E80 Apr 27, 2020

Oil and Jesus - Is there a connection? | #80

The oil industry has hit a slump in recent months.  The Gwartney Institute team discusses the complexities of the oil market and its connection to Jesus. 

38:14

S01:E79 Apr 20, 2020

Dr. Rachel Ferguson | #79

Rachel Ferguson joins the Gwartney team for a second time to discuss her family's personal experience with the corona virus. 

47:27

S01:E78 Apr 13, 2020

Russ Roberts | #78

Economist Russ Roberts joins the Gwartney team to discuss his book "How Adam Smith Can Change Your Life", the current Corona virus pandemic, and other interesting topics. 

40:12

S01:E77 Apr 6, 2020

Changing Beliefs | #77

Changing beliefs can be difficult, admitting you were wrong more so.  The Gwartney team discusses this issue and then goes through some of their own belief changes. 

38:18

S01:E76 Mar 30, 2020

Corona Virus Part 2 | #76

The Gwartney Institute covers the new developments in the Corona Virus and the effects it is having on the economy, including price gouging. 

34:34

S01:E75 Mar 23, 2020

Corona Virus | #75

With the growing concern of the corona virus crisis, the Gwartney team discusses the ethics behind social distancing and the problems it is causing for businesses. 

34:59

S01:E74 Mar 16, 2020

National Debt | #74

The Gwartney team co-hosted a debate over the national debt. This podcast reviews some of the highlights from the debate. 

35:13

S01:E73 Mar 9, 2020

Are Economists Immoral? | #73

Economists get a bad rap for promoting a capitalist system. This week the professors take on the question, are economists immoral?

29:25

S01:E72 Mar 2, 2020

Home Economics | #72

This week the Gwartney Institute discusses how the family plays a role in economics. 

39:49

S01:E71 Feb 24, 2020

God is a Capitalist | #71

The Gwartney Institute interviews Roger McKinney about his intriguing book called "God is a Capitalist."

44:33

S01:E70 Feb 17, 2020

Urbit and Your Online Identity | #70

Social media gives third parties power over our online identities. The Gwartney Institute takes a look at how Urbit might provide an alternative platform.

33:26

S01:E69 Feb 10, 2020

Computer Simulation | #69

As technology advances, the line between computers and life becomes thinner giving the Gwartney Institute an interesting topic that will keep evolving. 

36:37

S01:E68 Feb 3, 2020

Chile's Economic Freedom | #68

With civil unrest growing in Chile due to inequality, the Gwartney team looks to the benefits of Chile's high economic freedom for answers. 

33:35

S01:E67 Jan 27, 2020

Organ Lottery | #67

This episodes sheds new light on utilitarianism by bringing up the option for an organ lottery.  

33:17

S01:E65 Jan 20, 2020

New Year Resolutions | #66

The Gwartney Institute examines how New Years Resolutions affect different industries and shed a little light on their own resolutions. 

33:10

S01:E65 Jan 13, 2020

Regulatory Impact on Consumers | #65

This week the Gwartney Institute tackles how regulations can cause a negative tax on the poor. 

26:59

S01:E64 Jan 6, 2020

Economics on Everest | #64

From Jon Krakauer's autobiography of the 1996 disaster on Mount Everest to the modern day over-crowding at the summit, this episode uncovers the economics of how commercialization has changed the supply and demand in Nepal. 

34:28

S01:E19 Feb 25, 2019

Moral Hazard | #19

In this episode, Russ, Jacyn, and Jacob discuss biblical and financial instances of moral hazard, asymmetric information, and "Too Big to Fail." Show notes: Malcolm Gladwell's TED Talk on David and Goliath David and Goliath by Malcolm Gladwell

37:01

S01:E18 Feb 18, 2019

Is the U.S. a Christian Nation? | #18

This week we discuss the U.S.'s status as a Christian nation. Russ and Levi agree that it currently isn't but arrive at that conclusion from two different angles. The relationship between economic prosperity and religion is a key component of the discussion. Show notes: Socialism Versus the Family - Edward Feser (lecture) The Myth of Religious Violence - William T. Cavanaugh (book) Interview with William T. Cavanaugh on his book

35:46

S01:E17 Feb 11, 2019

Economics of David and Goliath | #17

We discuss Malcolm Gladwell's unique take on the story of David and Goliath. What can we learn about markets from Gladwell's perspective on this famous story? Show notes Malcolm Gladwell's TED Talk on David and Goliath David and Goliath by Malcolm Gladwell Luigi Zingales on social media antitrust at Free Market Forum

39:54

S01:E16 Feb 4, 2019

Universal Basic Income | #16

In this episode we discuss the economics and morality of the Universal Basic Income. A Universal Basic Income would guarantee a minimum income to every individual over the age of 21 in the U.S. If you're looking for a brief primer on the subject, listen to this episode! Charles Murray's UBI proposal Text of a debate on UBI between Ed Dolan and Bryan Caplan UBI debate between Bryan Caplan and Will Wilkinson

28:01

S01:E15 Jan 28, 2019

Economic Freedom Abroad | #15

Jacyn and Dr. McCullough discuss their recent trips abroad to South America and India. Both talk about their experiences in light of the economic freedom (or lack thereof) in the countries they visited!

58:43

S01:E14 Jan 21, 2019

Kingdom Theology and the Liberal Order | #14

In this episode we discuss the implications of the Kingdom of God on politics. Dr. Rachel Ferguson, a philosopher at Lindenwood University, joins us to help us understand the link between Christianity and liberalism. Show notes: Dr. Rachel Ferguson's Website "Jesus of Nazareth" by Pope Benedict XVI "Rerum Novarum" by Pope Leo XIII "The Righteous Mind" by Jonathan Haidt "Why Liberalism Failed" by Patrick J. Deneen

35:20

S01:E13 Jan 14, 2019

Economic and Moral Considerations for Community Development | #13

In this episode we discuss community development and the roles of individuals and governments with Dr. Rebekka Dudensing of Texas A&M University. Show Notes Dr. Dudensing's Website The Little Pink House Documentary What is Community Development? People vs Place-Based Development Who Benefits from State and Local Economic Development Policies? Do Cities Make Us More Productive? (agglomeration discussion) Article: "Propping up the boonies, Atlanta’s thankless burden" Response: "Part 2: A Reply to 'Propping up the Boonies, Atlanta's Thankless Burden'"

41:25

S01:E12 Jan 7, 2019

Piety as a Barrier to Entry | #12

In this episode we discuss the idea that piety - the activities and procedures often practiced by Christians - might be a barrier to entry to Christianity. Some might be put off by these practices and may not want to become Christian because of that. As usual, Dr. Russell takes the opposing view. Show Notes: Bondage of the Will - Martin Luther https://www.amazon.com/dp/B0030N6DIC/ref=cm_sw_r_tw_dp_U_x_za.fCbJADQWH0 Five Proofs for the Existence of God - Edward Feser https://www.amazon.com/dp/B0754MJFMG/ref=cm_sw_r_tw_dp_U_x_pd.fCbGVY6V6G

34:24

S01:E11 Dec 31, 2018

Opportunity Cost of Keeping the Sabbath Holy | #11

Dr. Terry Griffin of Kansas State University talks about his research on the cost farmers incur to attend weekly church services. Dr. McCullough challenges the group to think about physical labor as a way of giving glory to God. Show Notes: The Cost of Being Faithful: What Do Farmers Give Up to Keep the Sabbath? - Rosburg, Griffin, and Coffey https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3286359

30:36

S01:E10 Dec 24, 2018

Consumerism, Santa, and Christmas | #10

In this episode we discuss the origins of Santa Claus and the consumerism of the holidays and how we can address it as Christians informed by sound economics. Show notes: Veggie Tales - St. Nicholas, A Story of Joyful Giving https://www.amazon.com/Veggietales-Saint-Nicholas-Joyful-Giving/dp/B002FOFX6U The 5 Love Languages - Gary Chapman https://www.amazon.com/Love-Languages-Secret-that-Lasts-ebook/dp/B00OICLVBI/ref=sr_1_1

33:05

S01:E09 Dec 17, 2018

Nutritional Insecurity and Poverty | #9

In this episode we discuss nutritional insecurity and access to food. Our guest, Dr. Brandon McFadden, discusses the state of our knowledge of these issues and how they relate to poverty in the US and abroad. Dr. McFadden fills us in on how we as Christians can help solve food insecurity.

25:43

S01:E08 Dec 10, 2018

Christianity's Cultural Influence | #8

We discuss Hugh Whelchel's book "How Then Should We Work" focusing on Whelchel's notion of a "cultural mandate." Should Christians attempt to influence culture? Should we attempt to use the government to influence culture in Christian ways? Hillbilly Elegy, J.D. Vance http://a.co/d/1JJBxLA Arthur Brooks' TED Talk https://www.ted.com/talks/arthur_brooks_a_conservative_s_plea_let_s_work_together How Then Should We Work, Hugh Whelchel http://a.co/d/ahVuoV9

34:55

S01:E07 Dec 3, 2018

Christianity and Capitalism | #7

Russ, Levi, and Jacyn discuss Russ's recent appearance on the Virtue in the Wasteland podcast. Is capitalism compatible with Christianity? What do Millennials and iGen think about this? Can markets be relied on to deliver moral results? Virtue in the Wasteland Episode featuring Russ: http://www.virtueinthewasteland.com/episodes/2018/11/1/ep-311-live-from-here-we-still-stand-2018 Capitalism vs Corporatism: https://www.forbes.com/sites/richardsalsman/2011/12/07/capitalism-is-decidedly-not-corporatism-or-cronyism/#7241f87c65e5 Prof. Adrian Vermeule's Lecture on the Invisible Hand and Morality: https://www.youtube.com/watch?v=lVFc5dnz7Cw Externalities (Potato chips): https://www.youtube.com/watch?v=ljrBEdg-QU4 Contestable Markets: https://www.investopedia.com/terms/c/contestablemarket.asp

39:51

S01:E06 Nov 26, 2018

Economics of a Call To Work: Be Fruitful and Multiply | #6

In this episode we continue our discussion of "How Then Should We Work" by Hugh Whelchel of the Institute for Faith, Work, and Economics. You can purchase Hugh's book at the link below. amzn.to/2PGZtBE Contact us: info@gwartneyinstitute.org Note: This is a re-upload of a previous episode after some needed edits were made.

35:50

S01:E05 Nov 19, 2018

Federal Food Programs: Efficiency and Ethics | #5

In this episode we discuss federal food programs and non-profit efforts to alleviate hunger in the U.S. Our guest, Dr. Jeffrey Dorfman, helps us understand the most recent data on the effectiveness of federal food programs. Show notes: Follow our guest on Twitter @DorfmanJeffrey Econtalk Episode on Food Banks http://www.econtalk.org/canice-prendergast-on-how-prices-can-improve-a-food-fight-and-help-the-poor/ Contact us: info@GwartneyInstitute.org

30:26

S01:E04 Nov 12, 2018

Biblical Success, Economics, and the Culture | #4

We discuss the definitions of a successful life and how economics can inform those definitions. We also discuss Christianity's appropriate role in defining the culture. Show notes: Lenore Skenazy's Website http://www.freerangekids.com/ How Then Should We Work? by Hugh Whelchel http://a.co/d/7KhD0H9 Why Liberalism Failed by Patrick Deneen http://a.co/d/ao9TyF4 Milton Friedman and the Ford Pinto https://youtu.be/lCUfGWNuD3c Contact us: info@gwartneyinstitute.org

31:41

S01:E03 Nov 5, 2018

Poverty vs Poverty of Spirit | #3

As we are fond of saying here at the Gwartney Institute, Poverty Sucks!. It sucks the life and dignity out of people keeping them from being able to lead lives that flourish. We also have to keep in mind, though, that we are called to poverty of spirit. What does that mean? In this episode we explore this distinction focusing on economic themes such as poverty alleviation and wealth. Show notes: Atlas Shrugged https://amzn.to/2Rw8MFj Into Great Silence https://amzn.to/2OlX6Tk Contact us: info@gwartneyinstitute.org

32:49

S01:E02 Oct 31, 2018

The Economics of Common Grace vs Saving Grace | #2

In this episode we continue our discussion of "How Then Should We Work" by Hugh Whelchel of the Institute for Faith, Work, and Economics. You can purchase Hugh's book at the link below. amzn.to/2PGZtBE Contact us: info@gwartneyinstitute.org

40:27

S01 Oct 29, 2018

Shopping Religions? Economics of Checking Out Christianity First | #1

In this episode we discuss the first part of "How Then Should We Work" by Hugh Whelchel of the Institute for Faith, Work, and Economics. You can purchase Hugh's book at the link below. https://amzn.to/2PGZtBE Contact us: info@gwartneyinstitute.org