While we wait for the verdict on Anthropic's Claude Sonnet 3.7, today seems like a good day to catch up on the queue and look at various economics-related things.

Table of Contents

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Outline:

(00:15) The Trump Tax Proposals

(02:36) Taxing Unrealized Capital Gains

(03:00) Extremely High Marginal Tax Rates

(05:24) Trade Barriers By Any Name Are Terrible

(06:11) Destroying People's Access to Credit

(06:35) Living Paycheck to Paycheck

(09:54) Oh California

(10:12) Chinese Venture Capital Death Spiral

(11:20) There is Someone Elon Musk Forgot to Ask

(14:39) Should Have Gone With the Sports Almanac

(17:58) Are You Better Off Than You Were Right Before the Election?

(18:13) Are You Better Off Than You Were Before the Price Level Rose?

(25:43) Most People Have No Idea How Insurance Works

(27:25) Do Not Spend Too Much Attention on Your Investments

(28:43) Preferences About Insider Training are Weird

(30:12) I Will Not Allocate Scarce Resources Via Price

(30:33) Minimum Wages, Employment and the Equilibrium

(31:22) The National Debt

(36:09) In Brief

The original text contained 1 footnote which was omitted from this narration.

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Narrated by TYPE III AUDIO.

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