Peter Jacobsen is Assistant Professor of Economics at Ottawa University in Kansas. He joins Bob to discuss a major study of Universal Basic Income (UBI) that found recipients of a cash handout devoted more time to leisure, rather than finding a better career or child care. The results throw cold water on the promises made by typical UBI proponents.

Watch the video version of this episode here: https://www.youtube.com/watch?v=6OvB_3YJw4U 

Related: https://fee.org/articles/the-largest-study-ever-on-ubi-was-just-conducted-the-results-are-disappointing-for-advocates 

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Bob begins a new mini-series in which he fields questions concerning international trade and tariffs. This episode deals with the question of foreign coerced labor keeping imports to the US artificially cheap.

Watch the video version of this episode here: https://www.youtube.com/watch?v=xwJqc-r50bU 

Related: - https://content.infineo.ai/articles/the-beauty-and-importance-of-comparative-advantage  - https://www.youtube.com/watch?v=5tlCx9C88yE 

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Gene Callahan joins Bob to discuss his review of Musa al-Gharbi's new book, We Have Never Been Woke. Following Gharbi, Gene argues that the people in American society most concerned with "white privilege" are themselves quite privileged and do not actually care about the plight of the disadvantaged.

Watch the video version of this episode here: https://www.youtube.com/watch?v=-Fye9qyNCxA 

Related: https://kirkcenter.org/reviews/the-fourth-awokening-and-its-discontents 

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Bob goes through a recent conversation between "Destiny" and Tom Wheelwright on tax policy, in order to debunk the view (among Destiny's fans) that the streamer is a formidable debater.

Watch the video version of this episode here: https://www.youtube.com/watch?v=QPoJyX4yvNs 

Full debate between "Destiny" and Tom Wheelwright: https://www.youtube.com/live/Fgt1k-PpEbE

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In response to a viewer question, Bob critiques a recent interaction between the two Trump supporters and a libertarian college student asking about tariffs.

Watch the video version of this episode here: https://www.youtube.com/watch?v=XgpJ9r9yJ3A 

Related Links: - https://www.youtube.com/watch?v=ZULH7eZCrTA  - https://content.infineo.ai/articles/pushing-back-on-vivek-on-tariffs  - https://www.bobmurphyshow.com/episodes/ep-352-the-beauty-and-importance-of-comparative-advantage

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Murphy provides a back-of-the-envelope calculation giving a ceiling on what Bitcoin's market cap can be when it reaches global adoption, and then computes a maximum annualized return through the year 2050.

Watch the video version of this episode here: https://www.youtube.com/watch?v=y4lMypJRieQ 

Related Links: - https://content.infineo.ai/articles/an-upper-bound-on-bitcoins-appreciation  - https://www.youtube.com/watch?v=v1jZ-6AYxRo 

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Christian Hubbs has a PhD in machine learning from Carnegie Mellon, and is the CTO of infineo. He rejoins Bob to explain why the buzz over imminent super AI may be misplaced.

Watch the video version of this episode here: https://www.youtube.com/watch?v=tiqolQBQYUI 

Previous InFi episode with Christian: https://www.youtube.com/watch?v=H_BeiRBKOUY

Christian discusses super AI further: https://open.spotify.com/episode/52Wd2DJ7HQV7ecezMOFlUI 

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Rachel Medlin works in financial services as an economist and risk professional. Her conventional schooling studied mainstream models, but once on the job she discovered the Austrian School. She talks with Bob about her discovery and how the Austrian approach gives her an edge when forecasting inflation and the business cycle.

Watch the video version of this episode here: https://www.youtube.com/watch?v=WWDeEu_KtOE 

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Murphy sketches the strengths and weaknesses of the various explanations of the business cycle, put forth by the classical economists, the Keynesians, the Real Business Cycle theorists, the Post-Keynesians, and the Austrians.

Related Links: - https://mises.org/podcasts/human-action-podcast/what-does-says-law-really-say  - https://www.youtube.com/watch?v=envGgTVOL_4 

Watch the video version of this episode here: https://www.youtube.com/watch?v=CiPh3jMF-z0 

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Bob shows the flaw in progressive criticisms of Milei's inflation record, pointing out that annual figures making the rounds on social media are unfairly pinning the surge in late 2023 consumer price inflation on Milei (who wasn't sworn in until December 2023). Bob also talks about Milei's success in deregulating rental properties.

Related Links: - https://x.com/IsabellaMWeber/status/1839850634134036535  - https://milei.ufm.edu/en/currency-monitor  - https://reason.com/2024/09/26/rents-fall-and-listings-increase-after-javier-milei-ends-rent-control-in-argentina 

Watch the video version of this episode here: https://www.youtube.com/watch?v=_1-19yCEsLw 

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