Hawk Talk

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.

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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

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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.

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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

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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.

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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

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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.

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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

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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.

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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

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We devote plenty of time to discussing things that the government does wrong. This week, we change gears as Clark Neily joins us to discuss things throughout history that the Supreme Court has done right.

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Quick Hits

Deaths by Car and SUV

https://www.iihs.org/topics/fatality-statistics/detail/passenger-vehicle-occupants

https://newsroom.aaa.com/tag/driving-cost-per-mile/

Term Limits for the Supremes?

https://www.breitbart.com/politics/2020/09/25/democrats-introduce-bill-to-democratize-supreme-court-limit-terms-to-18-years/

Rationing

https://www.msn.com/en-us/foodanddrink/other/uk-supermarkets-tesco-and-morrisons-are-rationing-toilet-paper-and-hand-sanitizer-as-fears-of-panic-buying-return-one-worker-said-their-store-was-worse-than-a-bad-christmas/ar-BB19pTBr

Foolishness of the Week

Time Travelling Professor

https://www.law.cornell.edu/constitution/articleiii

Topic of the Week: The Supreme Court's History

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Little by little, things appear to be getting back to normal following COVID and the lockdown. James and Ant discuss what the world will look like as we recover from COVID.

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Quick Hits

Emu Today and Tomorrow

https://www.emutoday.com

Flight to Nowhere

https://gizmodo.com/australias-7-hour-flight-to-nowhere-sells-out-instantly-1845101789

First Annual Clusterchuck

https://www.pittwire.pitt.edu/news/history-professor-s-far-flung-fun-brings-students-together

Trump Endangering Journalists

https://thehill.com/homenews/media/517270-msnbc-trump-endangering-journalists-undermining-freedoms-with-comments-about

Foolishness of the Week

Supreme Court Appointment

https://www.washingtonexaminer.com/news/over-our-dead-bodies-liberals-threatens-to-burn-it-all-down-if-gop-replace-ginsburg-before-election-day

Topic of the Week: Things Returning to Normal

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Roger Ver, founder of bitcoin.com joins us this week to discuss the emergence of cryptocurrency as the answer to the problem of inflated sovereign currencies. Widespread adoption of cryptocurrency will likely emerge at about the same time that the US dollar begins to lose its value to the inflation needed to fund the government’s insatiable appetite for debt.

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Quick Hits

Payroll Tax Deferral

https://www.nytimes.com/2020/09/11/business/trump-payroll-tax-cut.html

Mumbai Traffic Lights

https://www.cnn.com/2020/02/05/india/mumbai-traffic-lights-tests-scli-intl/index.html

Foolishness of the Week

Joe Exotic

https://www.cnet.com/google-amp/news/amazon-picks-up-show-starring-nicolas-cage-as-joe-exotic-the-tiger-king/

Topic of the Week: Cryptocurrency

Roger Ver

https://www.rogerver.com

Bitcoin.com

https://www.bitcoin.com/

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Andrew Heaton joins us to discuss comedy, politics, and that we can’t seem to laugh at ourselves anymore because our politics have become our religion.

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Our response to COVID has imposed changes across the whole economy. One of the industries that is likely to bear the lion’s share of those changes is higher education. COVID policies are laying bare the fact that both students and administrators have come to regard college less as a place to obtain an education than as a place to obtain a four-year “experience.”

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Quick Hits

Virtual Graduation

https://www.cnn.com/2020/08/25/asia/india-university-virtual-reality-graduation-scli-intl/index.html

Flying Cars

https://dnyuz.com/2020/08/29/humans-take-a-step-closer-to-flying-cars/

Foolishness of the Week

Drones and Drugs

https://www.thedrive.com/the-war-zone/36013/mexican-drug-cartel-now-assassinating-its-enemies-with-improvised-explosive-toting-drones

Topic of the Week

How Not to Be Terrible at College

https://fee.org/shows/audio/words-numbers/how-not-to-be-terrible-at-college#player

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