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inflation

Alan Blinder — A Monetary and Fiscal History of the United States

Shermer and Blinder discuss: serving on Bill Clinton’s Council of Economic Advisers • being the Vice Chair of the Federal Reserve Board • What kind of science is economics? • how one’s political leanings influence cause-and-effect economic theories • the difference between monetary and fiscal policy • a Keynesian approach to economics • inflation, stagflation, recessions, depressions, Bull and Bear markets defined • interest rates • the Federal Reserve • the money supply • What makes money valuable without the gold standard? • COVID relief • deficit spending • boom-and-bust cycles • employment: what’s the right percentage? • income tax: what’s the right percentage? • the best investments to make in the long run • modern monetary theory, and • utility maximizing.

Marian Tupy & Gale Pooley — Superabundance: The Story of Population Growth, Innovation, and Human Flourishing on an Infinitely Bountiful Planet

Shermer, Tupy, and Pooley discuss: why we long for the “good ol’ days” • the Malthusian trap • Ehrlich’s predictions on overpopulation • the birth dearth • the Simon Abundance Index • compound interest • What does it mean for the economy to grow 2–3% a year? • accumulating wealth • what poorer countries need to do to become richer countries • running out of fossil fuels • Obama’s “you didn’t build that” speech • inflation • electric vehicles • How many people can the Earth sustain? • post-scarcity trekonomics • the future of religion and other social institutions in a superabundant world.

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