Hawk Talk

Most of what the public knows about economics is really macroeconomics - the field of economics that deals with interest rates, inflation, unemployment, and GDP. Economics is really about human behavior, and there’s a lot more to it than simply macroeconomics. Economist Matt Ryan joins us this week to talk about his work in applying economics to interesting topics from sports betting to police making traffic stops.

 

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 and Foolishness of the Week

Quick hits and the foolishness of the week have gone on vacation for a few weeks. In their places, we’ll be talking about unintended consequences.

Topic of the Week

https://www.duq.edu/academics/faculty/matt-ryan

Join the Conversation

Words & Numbers Backstage

https://www.facebook.com/groups/130029457649243/

More James at Smoke & Storieshttps://www.youtube.com/playlist?list=PLjILow4-ZJpBV-NnmSusZJ_vCuzKUJ4Ig

Let Us Know What You Think

mailto:[email protected]

Antony Davies on Twitter

https://twitter.com/antonydavies

James R. Harrigan on Twitterhttps://twitter.com/JamesRHarrigan

Learn more about your ad choices. Visit podcastchoices.com/adchoices

The Congressional Budget Office is the government entity that produces forecasts about the effects of new taxes and spending on the economy and the federal budget. Four years ago, we did an episode in which we showed that the CBO had a track record of under-estimating future spending and over-estimating future tax revenues. With four years behind us, we revisit the topic and ask whether the CBO has gotten any better and what it’s now forecasting for the future.

 

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 and Foolishness of the Week

Quick hits and the foolishness of the week have gone on vacation for a few weeks. In their places, we’ll be talking about unintended consequences.

Topic of the Week

Historical CBO forecasts

https://www.cbo.gov/about/products/budget-economic-data#3

Join the Conversation

Words & Numbers Backstage

https://www.facebook.com/groups/130029457649243/

More James at Smoke & Storieshttps://www.youtube.com/playlist?list=PLjILow4-ZJpBV-NnmSusZJ_vCuzKUJ4Ig

Let Us Know What You Think

mailto:[email protected]

Antony Davies on Twitter

https://twitter.com/antonydavies

James R. Harrigan on Twitterhttps://twitter.com/JamesRHarrigan

 

Learn more about your ad choices. Visit podcastchoices.com/adchoices

There are some things that people have an emotional reaction to buying and selling: sex, body parts, votes. There are other things whose quality people aren’t able to judge. Is it possible that markets shouldn’t or can’t handle these things? Philosopher James Stacey Taylor joins us to discuss his latest book, Markets With Limits.

 

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 and Foolishness of the Week

Quick hits and the foolishness of the week have gone on vacation for a few weeks. In their places, we’ll be talking about unintended consequences.

Topic of the Week

Markets With Limits by James Stacey Taylor

https://www.amazon.com/Markets-Limits-Merits-Market-Critical-Arguments/dp/1032171480/ref=sr_1_1

Join the Conversation

Words & Numbers Backstage

https://www.facebook.com/groups/130029457649243/

More James at Smoke & Storieshttps://www.youtube.com/playlist?list=PLjILow4-ZJpBV-NnmSusZJ_vCuzKUJ4Ig

Let Us Know What You Think

mailto:[email protected]

Antony Davies on Twitter

https://twitter.com/antonydavies

James R. Harrigan on Twitterhttps://twitter.com/JamesRHarrigan

 

Learn more about your ad choices. Visit podcastchoices.com/adchoices

There are some things that people have an emotional reaction to buying and selling: sex, body parts, votes. There are other things whose quality people aren’t able to judge. Is it possible that markets shouldn’t or can’t handle these things? Philosopher James Stacey Taylor joins us to discuss his latest book, Markets With Limits.

 

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 and Foolishness of the Week

Quick hits and the foolishness of the week have gone on vacation for a few weeks. In their places, we’ll be talking about unintended consequences.

Topic of the Week

Markets With Limits by James Stacey Taylor

https://www.amazon.com/Markets-Limits-Merits-Market-Critical-Arguments/dp/1032171480/ref=sr_1_1

Join the Conversation

Words & Numbers Backstage

https://www.facebook.com/groups/130029457649243/

More James at Smoke & Storieshttps://www.youtube.com/playlist?list=PLjILow4-ZJpBV-NnmSusZJ_vCuzKUJ4Ig

Let Us Know What You Think

mailto:[email protected]

Antony Davies on Twitter

https://twitter.com/antonydavies

James R. Harrigan on Twitterhttps://twitter.com/JamesRHarrigan

 

Learn more about your ad choices. Visit podcastchoices.com/adchoices

Humans have dual natures. We are, simultaneously, individuals and members of a shared society. That each of us should be free arises from our status as individuals. But, what arises from our status as members of a shared society are obligations to one another. What economists call “economic freedom” is really the encoding of the appropriate balance of our two natures into the rule of law.

 

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

https://worldhappiness.report/ed/2022/happiness-benevolence-and-trust-during-covid-19-and-beyond/#ranking-of-happiness-2019-2021

https://www.fraserinstitute.org/economic-freedom/map?geozone=world&page=map&year=2018

https://nypost.com/2022/04/14/biden-shakes-hands-with-thin-air-after-north-carolina-speech/

https://www.wsj.com/articles/decade-high-mortgage-rates-pose-threat-to-spring-housing-market-11650101401

Foolishness of the Week

https://www.kentucky.com/news/nation-world/national/article260445977.html

Join the Conversation

Words & Numbers Backstage

https://www.facebook.com/groups/130029457649243/

More James at Smoke & Storieshttps://www.youtube.com/playlist?list=PLjILow4-ZJpBV-NnmSusZJ_vCuzKUJ4Ig

Let Us Know What You Think

mailto:[email protected]

Antony Davies on Twitter

https://twitter.com/antonydavies

James R. Harrigan on Twitterhttps://twitter.com/JamesRHarrigan

Learn more about your ad choices. Visit podcastchoices.com/adchoices

This is the final installment of our talk with the economics students of Mount Hebron High School. The students have won the state economics championship 16 times, the national championship six times, and recently won the international championship for the first time.

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

https://www.oecdbetterlifeindex.org/topics/income/

https://data.oecd.org/emp/hours-worked.htm

https://www.commonwealthfund.org/publications/issue-briefs/2019/may/how-much-us-households-employer-insurance-spend-premiums-out-of-pocket

https://www.fox5ny.com/news/chipotle-tests-chip-making-robots

Foolishness of the Week

https://www.statista.com/statistics/253743/academy-awards--number-of-viewers/

Topic of the Week

https://www.youtube.com/watch?v=F79X_-PwKhg

https://www.youtube.com/watch?v=ke38g7fFvtk

 

Join the Conversation

Words & Numbers Backstage

https://www.facebook.com/groups/130029457649243/

More James at Smoke & Stories

https://www.youtube.com/playlist?list=PLjILow4-ZJpBV-NnmSusZJ_vCuzKUJ4Ig

Let Us Know What You Think

mailto:[email protected]

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

This week, we talk with the economics students of Mount Hebron High School who have won the state economics championship 16 times, the national championship six times, and recently won the international championship for the first time. 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

https://www.wsj.com/articles/oberlin-college-loses-appeal-ohio-gibsons-bakery-v-woke-pc-cancel-culture-crt-critical-race-theory-libel-emotional-distress-racial-profiling-higher-education-11648829090?mod=hp_opin_pos_1

Foolishness of the Week

https://www.msn.com/en-us/news/us/a-historic-all-black-town-wants-reparations-to-rebuild-as-a-e2-80-98safe-haven-e2-80-99/ar-AAVKiWv

Topic of the Week

https://www.youtube.com/watch?v=F79X_-PwKhg

https://www.youtube.com/watch?v=ke38g7fFvtk

 

Join the Conversation

Words & Numbers Backstage

https://www.facebook.com/groups/130029457649243/

More James at Smoke & Storieshttps://www.youtube.com/playlist?list=PLjILow4-ZJpBV-NnmSusZJ_vCuzKUJ4Ig

Let Us Know What You Think

mailto:[email protected]

Antony Davies on Twitter

https://twitter.com/antonydavies

James R. Harrigan on Twitterhttps://twitter.com/JamesRHarrigan

Learn more about your ad choices. Visit podcastchoices.com/adchoices

This week, we talk with the economics students of Mount Hebron High School who have won the state economics championship 16 times, the national championship six times, and recently won the international championship for the first time. 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

https://www.thedrive.com/news/44445/canada-has-a-railroad-for-fish-thats-only-200-feet-long-heres-why

https://www.google.com/maps/place/Bayside+Canadian+Railway/@45.1588746,-67.1399627,156m/data=!3m1!1e3!4m5!3m4!1s0x4ca6016202a5eb6f:0xdd7c0d6ee9b1c34a!8m2!3d45.1586153!4d-67.1396707

https://thehill.com/opinion/finance/599768-biden-is-planning-a-new-digital-currency-heres-why-you-should-be-very-worried

Foolishness of the Week

https://thehill.com/regulation/599821-thomas-scrutiny-intensifies-after-latest-revelations

Topic of the Week

https://www.youtube.com/watch?v=F79X_-PwKhg

https://www.youtube.com/watch?v=ke38g7fFvtk

 

Join the Conversation

Words & Numbers Backstage

https://www.facebook.com/groups/130029457649243/

More James at Smoke & Storieshttps://www.youtube.com/playlist?list=PLjILow4-ZJpBV-NnmSusZJ_vCuzKUJ4Ig

Let Us Know What You Think

mailto:[email protected]

Antony Davies on Twitter

https://twitter.com/antonydavies

James R. Harrigan on Twitterhttps://twitter.com/JamesRHarrigan

Learn more about your ad choices. Visit podcastchoices.com/adchoices

Now that a decade has passed since the Affordable Care Act reached full implementation, it’s a good time to look back at what we were promised, what we got, and what we didn’t get..

 

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

https://advisor.visualcapitalist.com/ranked-the-biggest-u-s-tax-expenditures/

https://www.cbpp.org/research/federal-budget/where-do-our-federal-tax-dollars-go

https://www.reuters.com/world/us/us-senate-approves-bill-that-would-make-daylight-savings-time-permanent-2023-2022-03-15/

Foolishness of the Week

https://reason.com/2022/03/04/d-c-managed-to-lose-4-million-on-its-own-sports-betting-app/

Topic of the Week

https://www.thebalance.com/causes-of-rising-healthcare-costs-4064878

Join the Conversation

Words & Numbers Backstage

https://www.facebook.com/groups/130029457649243/

More James at Smoke & Storieshttps://www.youtube.com/playlist?list=PLjILow4-ZJpBV-NnmSusZJ_vCuzKUJ4Ig

Let Us Know What You Think

mailto:[email protected]

Antony Davies on Twitter

https://twitter.com/antonydavies

James R. Harrigan on Twitterhttps://twitter.com/JamesRHarrigan

Learn more about your ad choices. Visit podcastchoices.com/adchoices

The Catholic Church likes subsidiarity. Politicians like federalism. Economists like free markets. It turns out that, if you can adequately define “the common good,” the three - subsidiarity, federalism, and free markets - pretty much boil down to the same thing. This week is the first half of a four-way discussion with two Catholic theologians, a political scientist, and an economist on subsidiarity and the common good.

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

https://nypost.com/2022/03/04/hundreds-of-people-are-booking-airbnb-rentals-in-ukraine-heres-why/

https://scoop.upworthy.com/polish-moms-leave-baby-strollers-at-train-station-for-ukrainians-moms-who-need-them

https://www.cato.org/commentary/pick-time-stick-it

 

Foolishness of the Week

https://www.nbcbayarea.com/news/national-international/california-lawmaker-proposes-25-tax-on-real-estate-investors-to-level-playing-field/2834287/

 

Topic of the Week

https://stvincent.academia.edu/JasonKing/CurriculumVitae

https://stvincent.academia.edu/ChristopherMcMahon/CurriculumVitae

 

Join the Conversation

Words & Numbers Backstage

https://www.facebook.com/groups/130029457649243/

More James at Smoke & Storieshttps://www.youtube.com/playlist?list=PLjILow4-ZJpBV-NnmSusZJ_vCuzKUJ4Ig

Let Us Know What You Think

mailto:[email protected]

Antony Davies on Twitter

https://twitter.com/antonydavies

James R. Harrigan on Twitterhttps://twitter.com/JamesRHarrigan

Learn more about your ad choices. Visit podcastchoices.com/adchoices