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How We "Pay" and the Keynes/Socialist Parallel

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Manage episode 262474238 series 2658123
Content provided by Dustin. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Dustin or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

I'd recently shared a video by Tim Pool on FaceBook about how people are refusing to work in order to continue receiving unemployment benefits, and my aunt asked "How the hell are we going to pay for this?" In this episode I explain Quantitative Easing, the effects of inflation, and end on how I think we got to this point: by the harmful economic parallel between Keynesianism and Socialism/Communism, a denial of Say's Law, frequent use of the Broken Window Fallacy, and a demand-side view of economics.

This is also my first "scripted" episode. Some of it was scripted and some not, because I'm thinking I might be better able to concisely articulate my ideas by scripting my episodes.

I might go between scripting episodes and winging it depending upon how much time I have to write a script and the necessity of having one.

  continue reading

39 episodes

Artwork
iconShare
 
Manage episode 262474238 series 2658123
Content provided by Dustin. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Dustin or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

I'd recently shared a video by Tim Pool on FaceBook about how people are refusing to work in order to continue receiving unemployment benefits, and my aunt asked "How the hell are we going to pay for this?" In this episode I explain Quantitative Easing, the effects of inflation, and end on how I think we got to this point: by the harmful economic parallel between Keynesianism and Socialism/Communism, a denial of Say's Law, frequent use of the Broken Window Fallacy, and a demand-side view of economics.

This is also my first "scripted" episode. Some of it was scripted and some not, because I'm thinking I might be better able to concisely articulate my ideas by scripting my episodes.

I might go between scripting episodes and winging it depending upon how much time I have to write a script and the necessity of having one.

  continue reading

39 episodes

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