Dec 25, 2019
People tend to talk about income inequality as if it were necessarily a bad thing. In so doing, they often confuse inequality and poverty and, in the process, run the risk of justifying what is really envy. This week, James and Ant discuss the fact that poverty is a bad thing, whether inequality could be a bad thing,...
Dec 18, 2019
A year ago, FCC repealed net neutrality - the law that required
internet service providers to treat all data passing through their
servers the same. Proponents of net neutrality said that the repeal
would yield higher prices and worse service. In this week's episode
James and Ant ask what actually happened.
Dec 11, 2019
Large countries, like the United States, span multiple time zones and have multiple climates. They also have multiple economies, each with different price levels. Prices in New York City are very different from prices in Boise Idaho - typically higher. But wages in New York City are higher also, but then so too are...
Dec 3, 2019
One of the few enumerated powers that the Founders granted to the federal government was the power to issue patents.
Patents are a compromise between two conflicting goals. On the one hand, we want to avoid the creation of government-protected monopolies because monopolies stifle innovation. On the other, we want...