Episode #494: Progressives & Anti-progress — Interview with Kimberlee Josephson

Business Podcast Archive and Shows - The Soul of Enterprise

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SHOW SUMMARY: Ron and Ed welcome Dr. Kimberlee Josephson back to the show for a fourth time. This week they talk about Kimberlee's latest articles published on the AIER site, including:

• Apple’s Big Business: Mises is Right, Sen Warren is Wrong

• Business Schools Undermine Wealth Creation

• Tucker Carlson’s Dollar Store Takedown

• Lina Khan’s Anti-Progress Paradox

• Of Moats and Search Engines: The DOJ’s Coercive Case against Google

SHOW NOTES

Segment one

• Dr. Josephson wrote two articles recently. One on the left and one on the right. Tucker Carlson and Lina Khan. Here are her words in two links: https://www.aier.org/article/tucker-carlsons-dollar-store-takedown/ https://www.aier.org/article/lina-khans-anti-progress-paradox/

• Kimberlee (Dr. Josephson) mentioned the movie Dumb Money on the show today. Here is the trailer in case you haven’t seen it yet https://www.youtube.com/watch?v=bmr8YmwnZ3w

• “This is not to say that marketers haven’t improved their ability to appeal to our interests, incentivize our purchase decisions, and persuade us with readily available buy-it-now buttons. But being coaxed is not the same as being coerced.” —Dr. Josephson from the article “Lina Khan’s Anti-Progress Paradox” at this link https://www.aier.org/article/lina-khans-anti-progress-paradox/

• “It's really sending a strong signal that any mergers or acquisitions are going to be scrutinized. Any startup that is hoping to get acquired by a larger firm, it's going to be more difficult to make that case” —Dr. Josephson from this article https://www.aier.org/article/lina-khans-anti-progress-paradox/

• A big THANK YOU to Hector and Carlos Garcia for sponsoring the show. Visit REFRAME2024.com! Use the code TSOE for a 25% preferred price @qbkaccounting

Segment two

• “The best money I ever spent was on pink velour drapes.” —Dr. Josephson from this article https://fee.org/articles/velour-drapes-and-the-wisdom-of-mises/

• The Peter Principle! Kimberlee mentioned this on the show today https://fee.org/articles/the-peter-principle-tested

• Why Are Some Diamond Brands So Expensive? https://fee.org/articles/why-are-some-diamond-brands-so-expensive

• “Businesses can encourage our behavior for sure.” Colgate encouraging us to brush our teeth or Michelin encouraging us to drive to restaurants.

Segment three

• “[ESG] is not going to go away because it's too embedded now in the system.” Dr. Josephson wrote an article at this link https://www.aier.org/article/how-did-we-get-here-the-coming-standardization-for-policy-implementation-of-esg/

• Regarding a need for ESG or DEI: “At the end of the day, you need to have just a good organizational culture. You need good HR practices and people need to understand the purpose of the organization and their role within it.” —Dr. Josephson

• Brian Kaplan from George Mason University has a great quote: “I can't help but think that you're trying to intimidate me into pretending to agree with you.” @bryan_caplan

• Spend 15 seconds rating the podcast or 30 seconds writing a review that will be read on the air: RateThisPodcast.com/TSOE

Segment four

• “Regulating ‘Junk’ Fees Is Not the Way to Help Bank Customers” from Dr. Josephson. In summary, whenever the government inserts itself in the market it usually does more harm than good. https://fee.org/articles/regulating-junk-fees-is-not-the-way-to-help-bank-customers/

• Standing in line with oversized porcelain art at the airport counter… “Are you telling us this is a baby carriage?” Yes…yes, it is. Sometimes the attendant is trying to tell you something and steer you away from an unnecessary fee.

• “Why the Government Shouldn’t Regulate Youth Access to Social Media” by Dr. Josephson https://fee.org/articles/why-the-government-shouldn-t-regulate-youth-access-to-social-media/

Bonus note

• Here’s the book by Dr. Stan Ridgley that Dr. Josephson mentioned during the show: https://brutalminds.com/

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