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 Moran discuss: her dysfunctional family background • her boyfriend who pimped her • the women who sell sex and the men who buy it • why other prostitutes have attacked her • agency and volition in prostitution: women and men • why “prostituted” as something done to women (instead of choosing it)? • what she thought about when having prostituted sex • drugs, depression, and suicide as responses to prostitution • the myths of prostitution • feminism and prostitution • how she got out of prostitution • the harm in consenting adult women selling their bodies for sex • what should be done about prostitution, if anything?
Shermer and Oreskes discuss: the myth of market magic • market fundamentalism • market absolutism • market essentialism • capitalism and democracy • well-regulated vs. poorly regulated capitalism • U.S. Constitution and capitalism • what the founding fathers believed about markets • what Adam Smith really said about markets and capitalism and how economists rewrote Adam Smith • why markets need regulation in the same way sports need rules and referees • rhetorical fallacies of market fundamentalists • child labor laws • bank failures • Sherman Anti-Trust Act of 1890 • Ludwig von Mises, Friedrich Hayek, Milton Friedman • religion and capitalism • think tanks • collective action problems.
Guest writer Robert Blaskiewicz reports on the early days of the ongoing battle to protect American patients from cynically fraudulent quack "medicine."
In this week’s eSkeptic, Daniel Loxton comments on the history (and future) of patent medicine in light of 2007’s status as the 100th anniversary of active Federal regulation of food and drugs.
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