Money is an excellent tool for facilitating exchange. It solves problems like how to save while avoiding spoilage and how to exchange with people who don’t want what you’re offering. But we’ve come to rely so heavily on money that we’ve forgotten what exchange really is. In this first of two episodes, we discuss the nature of exchange.

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Quick Hits

https://www.goodnewsnetwork.org/a-checkout-line-where-slower-is-better-supermarket-jumbo/

https://gizmodo.com/9-horrifying-facts-from-the-facebook-whistleblowers-new-1847791184

Foolishness of the Week

https://freebeacon.com/biden-administration/psaki-unfair-and-absurd-to-say-companies-would-raise-prices-in-response-to-tax-increases/

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People who are pro-market often complain about unions. But unions are associations of people, just as corporations are associations of people. If it is people’s right to form one, then it is also their right to form the other. But, as it is bad for government to protect corporations from competition, so too is it bad for government to protect unions from competition. In this episode, we take a look at unions separate from government protection.

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Quick Hits

https://ec.europa.eu/commission/presscorner/detail/en/ip_21_4613

https://www.cnbc.com/2021/09/27/fed-chair-powell-to-warn-congress-that-inflation-pressures-could-last-longer-than-expected.html

Foolishness of the Week

https://www.washingtonexaminer.com/news/federal-authorities-safety-box-seizures-owners-fight-back

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As politicians run out of revenue sources, they increasingly turn their attention from the rich to the middle class. Congress is considering a tax plan that effectively imposes a death tax on the middle class. Interestingly, politicians are calling it "a capital gains tax."

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Quick Hits

https://implementationscience.biomedcentral.com/articles/10.1186/s13012-017-0637-1

Foolishness of the Week

https://www.theguardian.com/world/2021/sep/20/ivermectin-shortage-horse-owners-covidhttps://www.aier.org/article/a-subtle-catastrophe/

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This episode is a potluck. There's no specific topic, we're just discussing things in the news that caught our interests.

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Quick Hits

https://www.cnbc.com/2021/09/13/top-earning-new-yorkers-could-face-61point2percent-combined-tax-rate-under-house-plan-californians-may-face-59percent-rate.html

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https://www.aier.org/article/a-subtle-catastrophe/

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In an interesting twist of economics, it turns out that governments have no control over who ultimately pays a tax. Politicians can say they’re taxing consumers or taxing producers or taxing anyone else, but the market decides who ultimately pays the tax. And there’s nothing politicians can do to stop it.

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Quick Hits

https://www.cnn.com/2021/09/03/tech/apple-child-safety-tools-reversal/index.html

https://www.washingtonpost.com/opinions/a-virgin-plastics-tax-could-help-save-the-oceans/2021/06/18/3ecb9cde-cd8d-11eb-8cd2-4e95230cfac2_story.html

https://www.atr.org/democrats-eye-national-plastic-tax

Foolishness of the Week

https://www.theguardian.com/us-news/2021/sep/05/covid-coronavirus-work-home-office-surveillance

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Antony talks about Cooperation and Coercion on C-SPAN.

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Commonwealth Foundation Vice-President Nathan Benefield disagreed with our take on term limits from a couple of episodes ago. So we invited him to give arguments in favor.

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Quick Hitshttps://fred.stlouisfed.org/series/CPIAUCSL

https://www.reuters.com/business/retail-consumer/mcdonalds-others-consider-closing-indoor-seating-amid-delta-surge-us-2021-08-30/

Foolishness of the Week

https://apnews.com/article/health-education-coronavirus-pandemic-school-boards-35db5c9eec87b85ca8eb95a64c2f6dd7

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Antony talks with Nate Thurston and Chuck Thompson on Good Morning Liberty.

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https://www.youtube.com/watch?v=oaHAN0_1vqs

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The CDC has mandated a moratorium on evictions. Under the CDC’s rules, landlords may not evict renters who haven’t paid their rent. But it is unclear that even Congress would have the constitutional authority to issue such a mandate. How then can the CDC do so? Clark Neily joins us to discuss this interesting question.

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Topichttps://www.federalregister.gov/documents/2020/09/04/2020-19654/temporary-halt-in-residential-evictions-to-prevent-the-further-spread-of-covid-19

https://www.supremecourt.gov/opinions/20pdf/20a169_4f15.pdf

Quick Hitshttps://www.goodnewsnetwork.org/quentin-quarantino-meme-artist-raises-over-5-million-for-afghanistan/

https://www.nptrust.org/philanthropic-resources/charitable-giving-statistics/

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

Foolishness of the Week

https://www.usatoday.com/story/news/nation/2021/07/27/tn-pastor-greg-locke-says-masks-arent-allowed-bible-church/5385007001/

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Antony talks with John Paul on the It’s a Paul World show.

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