
Shermer and Skousen discuss: whether economics is politicized • Adam Smith and what he really said • how the economy really works • fiat money vs. gold standard money • inflation and what to do about it • experimental economics • regulation on capitalism • what the Fed does (or should do) • Modern Monetary Theory • bitcoin/cryptocurrency • monopolies, duopolies, and market capture • antitrust, trustbusting • What’s wrong with free market capitalism? • money, happiness, and meaningfulness.

Shermer and Schulz discuss: an operational definition of the “good life” or “happiness” or “well being” • the reliability (or unreliability) of self-report data in social science • relative roles of genes, environment, hard work, and luck in how lives turn out • personality and to what extent it can be scientifically measured and studied • factors in early childhood that shape mental health in mid and late life • generational differences: • the impact of loneliness • misconceptions about happiness…

In episode 184 of Michael Shermer’s podcast, Michael speaks with Alexander Green about one of the most important and yet poorly understood concepts in modern society: money and why it matters.
In episode 184 of Michael Shermer’s podcast, Michael speaks with Alexander Green about one of the most important and yet poorly understood concepts in modern society: money and why it matters.