In Faith and Economics, economics professors Dr. Russ McCullough and Peter Jacobsen and philosophy professor Dr. Justin Clarke discuss big issues that impact economic freedom and human flourishing from a Christian perspective. This podcast is an initiative of the Gwartney Institute at Ottawa University. For more information, contact us at info@GwartneyInstitute.org
Democracy in Jeopardy - Get Religion? | #274
This episode, we examine the current state of democracy in the United States and recent attempts by appointed and elected officials to remove a candidate from primary elections. Join us as the Gwartney Team discusses the ramifications of this development, and puts forth ideal solutions that could tame the increasingly vehement and irresponsible form of politics we have been experiencing in the 21st century.
Reference Timeline:
2.40 - When is it appropriate to say the people cannot vote for someone?
3.20 - Precedent in the making?
9.30 - The 14th Amendment
11.00 - Emergence of "Lawfare"
14.00 - Banana Republics
19.00 - Carl Popper and his Paradox of Toleration
30.00 - Democracy vs. Republic
40.00 - "Get Religion"
1/29/2024 • 43 minutes, 41 seconds
Inspirational -Tribute to Dr. Jim Gwartney | #273
Join us in a heartfelt and inspiring special edition of our podcast as we pay tribute to the remarkable life and legacy of Dr. Jim Gwartney. Delve into the captivating biography of this influential individual who touched the lives of many with his wisdom and guidance. Discover the profound impact he had on those around him and be uplifted by the stories that showcase the enduring inspiration drawn from Dr. Gwartney's life. Tune in for a touching exploration of the lessons and values that made him a beacon of inspiration for all.
1/22/2024 • 30 minutes, 27 seconds
Suffering Socialist Argentina Elects New Free Market President | #272
In this new episode "Argentina's Big Change: New President, New Ideas," Russ, Peter, and Justin, chat about Argentina's recent election. The country used to be more about socialism, but now they've chosen a leader who likes the idea of a free-market economy. Join the fun talk as the professors break down what this could mean for Argentina – like, how it might affect their money, people, and relationships with other countries. Get ready for an easy-to-follow podcast that makes understanding politics a breeze!
Hello everyone, This week's new podcast, "2024 Predictions: Bitcoin, Economy, Elections," will reveal the upcoming year's events, so get ready! We are dissecting Bitcoin, the financial industry's state, and the elections' current state. Enjoy casual conversations, knowledgeable analysis, and a few surprises. You're welcome to join us as we decipher the future! With that said, put on your headphones and plunge into "2024 Predictions: Bitcoin, Economy, Elections"—foreseeing the future is always advantageous!
1/8/2024 • 51 minutes, 56 seconds
Renewable Energy Really Renewable?-Dr. Levi Russell | #270
Let's dive into renewable energy with the awesome Dr. Levi Russell. Wondering if it's as renewable as it sounds? Dr. Russell is here to explain it all without the confusing jargon. Imagine solar panels and wind turbines like superheroes saving the planet. Dr. Russell helps us understand how these cool technologies work in simple terms that even your grandma could get. Are you curious about why everyone talks about renewable energy? This episode spills the beans!
1/1/2024 • 45 minutes, 17 seconds
High Costs of Wind and Solar Worth It? -Dr. Levi Russell | #269
Explore the economic trade-offs of wind and solar energy with Dr. Levi Russell. Delve into whether the high costs are justified in this
insightful episode questioning the sustainability of renewable power.
12/26/2023 • 36 minutes, 20 seconds
Sinful Usury Interest Rates? - Dr. Levi Russell | #268
In this eye-opening episode, join Dr. Levi Russell as he demystifies the complex world of interest rates and explores the ethical implications of usury. Geared towards students, Dr. Russell breaks down the concept of usury, delving into its historical context and shedding light on how it impacts individuals and societies today. Discover the fine line between fair lending practices and exploitation, and gain a clearer understanding of the moral considerations surrounding interest rates. Whether you're an economics enthusiast or just starting to grasp financial concepts, this podcast provides a thought-provoking exploration of the controversial realm of interest rates.
12/18/2023 • 40 minutes, 44 seconds
Women and Economic Freedom- Dr. Rosemarie Fike | #267
In this enlightening episode, Dr. Rosemarie Fike explores the intersection of women's empowerment and economic freedom, shedding light on key insights that challenge and redefine traditional perspectives. A must-listen conversation on fostering equality and prosperity.
12/11/2023 • 32 minutes
Smashing Priceless Art -Protests or Terror? | #266
Uncover the blurred lines between protest and terror as we explore the controversial act of smashing priceless art. Is it a form of protest or an act of terror? Tune in
12/4/2023 • 43 minutes, 22 seconds
Light Bulb Freedom -Government Failure? | #265
Tune in to 'Light Bulb Freedom: Government Failure?' and join the
conversation on individual rights and government intervention. Explore the unintended consequences of well-intentioned policies as we shed light on a grassroots movement advocating for personal liberties. Don't miss this compelling episode—listen now and be part of the discussion!"
11/27/2023 • 39 minutes, 27 seconds
Charitable Gifts On the Street Moral? | #264
Join us for a thought-provoking discussion on the morality of charitable gifts on the street in our latest episode, "Charitable Gifts On the Street: Moral?" Explore the ethical dimensions of spontaneous generosity. Listen now and share your thoughts!
11/20/2023 • 37 minutes, 39 seconds
Entrepreneurship Insights - Chad Steenhoek | #263
Embark on an entrepreneurial odyssey with Chad Steenhoek, unraveling his unparalleled insights in "Entrepreneurship Insights." Journey through the uncharted terrains of his triumphs, failures, and pivotal lessons, guiding listeners towards their own prosperity. Uncover practical wisdom and cutting-edge strategies from a trailblazing industry leader, offering a compass to navigate the challenges of the business world. Tune in and revolutionize your entrepreneurial journey today.
11/13/2023 • 37 minutes, 53 seconds
Reason Your Way to God? Philosophy vs Theology -Pastor Timothy Roth
Join Pastor Timothy Roth in 'Reason Your Way to God? Philosophy vs Theology' as he delves into the age-old debate between philosophy and theology. Discover how these two disciplines intersect and diverge, and explore the profound questions surrounding faith, reason, and spirituality. Whether you're a philosopher, a theologian, or simply curious, this podcast will spark your intellectual curiosity and invite you to explore the path to understanding God from different perspectives.
11/6/2023 • 40 minutes, 26 seconds
Reformation, Confession, Church Differences -Pastor Timothy Roth | #261
Tune in to Pastor Timothy Roth's captivating podcast episode delving into the Reformation's enduring legacy, the transformative power of Confession, and the nuances of present-day Church differences. Engage with history and modern spirituality—listen now for a profound understanding of faith's evolution and challenges."
10/30/2023 • 38 minutes, 41 seconds
Unemployment - Get a Job? | #260
In this new episode, we talk about unemployment in the US. We will examine how the employment market has altered over the past 20 years, particularly for men and women. We will simplify it and read the statistics and patterns that have shaped the labor market. It is more than simply numbers. It is about comprehending how the employment landscape has changed. Listen to find out how "Unemployment" is becoming.
10/23/2023 • 32 minutes, 22 seconds
Winners and Losers - Government Protecting US Auto | #259
Join our riveting podcast as we dissect the transformative impact of the U.S. government's protective measures on the auto industry. In this thought-provoking episode, we unravel the intricate dynamics shaping the fortunes of industry titans and the nuanced repercussions on consumer choices. Stay tuned to unravel the captivating narrative of resilience and vulnerability within America's automotive realm.
10/16/2023 • 34 minutes, 40 seconds
Power -Maybe Machiavelli Was Right
Let's talk about power! In this episode, we discuss whether the old ideas of Machiavelli, an intelligent thinker from the past, still make sense today. We'll break down the tricks, problems, and tough choices that come with having power. Join us for a chat about what Machiavelli can teach us about power in our world today. Listen now!
10/9/2023 • 30 minutes, 35 seconds
End Tax-Exempt Status for Churches | #257
Dive into the contentious debate over tax-exempt status for churches. Uncover the historical context, grapple with the clash between religious freedom and fairness, and discover the tangible consequences. Join us for a thought-provoking exploration of this critical issue that's shaping our society. Don't miss this eye-opening episode!
10/2/2023 • 38 minutes, 46 seconds
Church Finance, How Should We Spend?
The most recent episode of "Church Finance, How Should We Spend?" examines the sensitive and frequently complicated subject of church budget distribution. Join our Gwartney Institute professors Russ, Peter, and Justin as they discuss ethical issues and best practices for allocating financial resources within a Christian group.
9/25/2023 • 34 minutes, 7 seconds
Productive or Fruitful, What Does God Want? | #255
Discover the answer to a profound question in our latest podcast episode: "Productive or Fruitful, What Does God Want?" Dive into spiritual insights and practical wisdom, and join us on a journey to find purpose in your daily life. Tune in now and gain valuable perspective!
9/18/2023 • 40 minutes, 6 seconds
Rich Men in Richmond? | #254
We highlight the injustices committed against the rural working class in this episode of "Rich Men in Richmond?" Join us as we explore the unsung tales of devout people who Richmond's wealthy elite has frequently eclipsed. We'll talk about the difficulties, problems, and structural injustices that the rural working class faces as we examine the effects of economic inequality on their daily lives.
9/11/2023 • 34 minutes, 28 seconds
Investment Advice -Dollar Cost Averaging and More | #253
In this enlightening episode of "Investment Advice - Dollar Cost Averaging and More," we dive deep into the world of investment strategies and a whole lot more! Join our expert hosts as they unravel some secrets of "Dollar Cost Averaging", a strategy that can revolutionize your investment game. Listen now!
9/4/2023 • 38 minutes, 26 seconds
Personal Finance -Pitfalls to Watch for | #252
Money counts, especially in college, Don't Get Caught! Episode 252 Personal Finance Pitfalls to Watch for. Join us this week as we explore the top financial mistakes that even the most intelligent students can fall victim to. We have the advice to keep financially healthy and prosperous, from credit card mayhem to budgeting gaffes. Watch now to take control of your finances and safeguard your future with smart money moves. Listen now!
8/28/2023 • 41 minutes, 18 seconds
Work From Home Does Not Work? | #251
"Join us on a journey of workplace transformation with 'Work From Home Does Not Work?' podcast. Get into the captivating world of remote work as we unravel its intricate layers. Tune in to explore intriguing topics like the unseen switching costs that impact your remote experience. We openly talk about the diverse work styles and home environments that make working from home a better fit for some than others. Discover how the competitive job market is reshaping the remote work scenario, and learn why companies are reconsidering virtual work arrangements. Listen Now!
Working from home is not for everyone / 5:39
Competition bringing people back / 7:05
Office Culture / 9:25
Team Production / 11:40
Institutions and Norms in Society / 20:00
Minimizing Production / 26:00
8/21/2023 • 36 minutes, 6 seconds
Romantic Relationships And Money | #250
This audio episode explores the complex relationship between money and romance. We examine how contemporary sensibilities change how we approach money in partnerships, from splitting costs to making financial decisions. We also explore the role of tradition, looking at how ideas like arranged weddings respond to shifting economic conditions. The episode emphasizes people's sacrifices for their partners and explores whether financial compatibility can lessen these difficulties. Watch for enlightening interviews with subject matter experts and true tales that shed light on the complicated relationship between money and love.
Modern Sensibilities / 3.00
Traditional relationship / 4.00
Arranged marriage / 6.10
Property Rights / 19.00
Independent finances / 28.00
8/14/2023 • 38 minutes, 39 seconds
Ex-Pats Hurt Developing Countries?
In this episode, we focus on neocolonialism as we examine the effects of the rising trend of expatriates on developing nations. We explore the drawbacks of expatriation and discuss how it affects both the ex-pats and the locals. The podcast questions the effects of the precise cultural mismatch between ex-patriots and their new homes on regional identity and traditions. Join us as we evoke discussion on the moral obligations of expatriates and their impact on the socioeconomic environment of their host countries. Listen now!
8/7/2023 • 35 minutes, 25 seconds
Ruler vs Ruled | #248
Explore the world of "Power Struggle: Ruler vs. Ruled," resulting in probes of the intricate connection between individuals in control positions and those they rule. Explore Adam Smith's principles and their impact on power dynamics as you unravel the historical development of democracy and its effect on empowering the populace. Consider the difficulties of majority rule while keeping the rights of minorities in mind. Travel through time to see how the monarchy has shaped society by rising and falling. Finally, examine fascism's shadowy side and how it affects personal freedoms. Listen now!
Timeline
Democracy, Adam Smith // 4:50
Majority Rule Problems // 10:30
Monarchy & Fascism // 18:30
Ceterus Parabus // 30:10
Definition Problem // 38:15
7/31/2023 • 42 minutes, 19 seconds
Transhumanism - Government Control? | #247
Welcome to our podcast episode, where we explore the fascinating world of transhumanism and how it relates to government control. Transhumanism is about using advanced technology to enhance human abilities, like outsourcing our brains or merging technology with our minds.
This episode discusses these technologies' ethical questions and how governments might get involved. We'll also look into "Bitcoin breaking the normal danger of centralized decisions" and how it connects to transhumanism.
Timeline:
Outsourcing Brains // 2:30
Technology & Brains // 12:00
Bitcoin - Breaking The Norm // 17:50
Danger Of Centralized Decisions // 26:00
7/24/2023 • 32 minutes, 11 seconds
Transhumanism - Live Like God? | #246
In this episode, we dive into the challenges and uncertainties of transhumanism. We will discuss the tough questions about what it means to be human and the potential consequences of transforming ourselves in profound ways. Does altering our physical bodies undermine God? Listen now!
Timeline:
Are You The Same As You Where In Kindergarten? // 4:30
Life Is In The Memory // 8:45
Memory, Schmemory // 16:00
Memory and Transhumanism // 22:00
The Teleporter // 30:00
Bernard Williams - Philosophy
Christopher Nolan - The Prestige
John Locke - The Prince and The Cobbler
Donald Davidson - Philosophy
The Ship of Theseus - Philosophy Thought Experiment
7/17/2023 • 33 minutes, 45 seconds
Transhumanism – Morally Still Man? |#245
In this episode, the Gwartney Team discusses the transhumanism movement. Join us as we define this concept and discuss whether or not it should be an ultimate goal for our society.
Transhumanism / 1:30
When we prolong and improve life, is it still human? / 10.25
The Heavens Gate Comet / 15.00
Lost common tongue / 17.00
Faith and transhumanism / 20.15
Aim to be like "God" / 26:30
Error in the leaps / 34.00
7/10/2023 • 33 minutes, 52 seconds
Repugnant Conclusion with Population Growth | #244
In this episode, the Gwartney Team discusses Derek Parfit's Mere Addition Paradox relating happiness and population. Parfit's "Repugnant Conclusion" is that a huge population living a life of little happiness, is preferable to a small, but universally happy population. Join us as we break down this paradox from a faith perspective.
Philosophical ideas of a beneficial society / 3.00
Should society push for population growth? / 10.15
Arguments against the Mere Addition Paradox / 15.00
Is Z better than A? / 24.45
The Drake Equation for General Welfare / 30.30
Reasons and Persons-Derek Parfit
The Trolley Problem, What Would Jesus Do? | #84
7/3/2023 • 32 minutes, 54 seconds
Popular Science Is Bad? | #243
In this episode, the Gwartney Institute discusses popular science and some of the dangers of trusting the science. Is there a stigma around popular science that does not try to teach, but merely entertain? Join us as we discuss how popular science may have more negative effects than positive.
6/28/2023 • 39 minutes, 49 seconds
Aliens - Where Are They? | #242
In this episode, the Gwartney team discusses the possibility of aliens after the United States Government declassified information that supports the existence of extraterrestrial life. We attempt to lay some of the intellectual groundwork that is necessary for the discussion of aliens by discussing multiple theories that have emerged over the past 50 years and wonder, would it be in humans best interest for aliens to exist? Join us for a fun and informative conversation over one of the more mysterious topics within society today.
Timeline:
Arguments For/Against Aliens // 1:45
Zero Communicative Life //7:30
Abiogenesis //12:00
Slipped Through the Great Filter? //22:00
Too Dangerous to Communicate //29:15
Drake Equation
Pharme Paradox
Nick Bostrom
Three Body Problem
Dark Forest Theory
"Thinking About the Infinite |#217" - https://podcasters.spotify.com/pod/show/faithandeconomics/episodes/Thinking-about-the-Infinite--217-e1snbf0/a-a93jbia
6/19/2023 • 35 minutes, 48 seconds
I Can’t Sell Honey at the Farmer’s Market? | #241
This week's discussion covered a recent story about a local woman who is pushing back against the regulations banning gardening and keeping bees as a business in the city of Ottawa KS. Join us as the Gwartney Team discusses entrepreneurship, home businesses, and property rights.
Timeline:
Restrict the Business / 3.00
Government is thinking of Externalities? / 6.30
Private Solutions or Collective Action / 13.15
People require too much of one another? / 19.30
Reduced competition / 22.45
Vote with your feet / 27.00
https://kansasjusticeinstitute.org/case/right-to-earn-selling-home-raised-honey/
6/12/2023 • 35 minutes, 23 seconds
Fed Pays Banks 5.15% With Your Savings - You Get None of It?| #240
Russ presents a grievance to the Federal Reserve and their use of Interest on Reserves in this episode. We discuss interest on reserves and how it is being used to increase national debt spending. The Fed has incentivized the banking system to invest vault savings, or the grouping of individual saving accounts, into the Federal Reserve's vault savings by offering banks 5.15% on the money invested. Banks are encouraged to invest their money in the Federal Reserve, not private investments and institutions. Additionally, this incentivizes the Fed to utilize these funds to increase government spending. Listen now to hear more about these policies.
Timeline:
The Fed: A Banker’s Bank // 3:30
Government Authority is Banking // 8:45
My Savings Is Paying National Debt? //14:00
How Money’s Created // 21:00
The System // 28:15
https://fee.org/articles/why-the-federal-reserve-pays-interest-to-your-bank-and-you-get-nothing/
6/5/2023 • 33 minutes, 21 seconds
Intellectual Property Rights | #239
In this episode, the Gwartney team discusses what should be considered as intellectual property and why certain things may not meet the criteria. For instance, do patents restrict ownership of physical property? Does intellectual property require one to sell/buy rights? We consider that businesses are incentivized to create intellectual property, and discuss what is the government's incentive to protect it. Join us as we tackle intellectual property from all angles!
Timeline:
Patents and Ownership // 4:30
States Defend Property //10:00
Utilitarian Argument // 17:45
Prizes Instead of Patents? //22:30
Litigation Costs //30:00
5/29/2023 • 36 minutes, 4 seconds
Interpreting the Text -Peter and Justin Battle | #238
In this episode, the Gwartney team wants to discuss the best way to interpret texts. Should we attempt to discover the authors intended meaning or is our own valuable? Peter argues that there needs to be a checkpoint of meaning from the author for interpretations to have any value. Justin argues that words have meaning regardless of what the author meant, and that the only way to describe meaning is by using more words or using the same sentence again. Who do you think won?
ROUND 1
The Author is Alive // 1:00
Meaning & Significance // 7:30
Is It All in The Head? // 11:45
ROUND 2
Author Creates Meaning, Not Words? // 24:40
Words Create Meaning, Authors Do Not? // 26:15
Intention is Important // 35:00
Misused Meaning // 38:30
5/22/2023 • 48 minutes, 50 seconds
Jesus the Scapegoat? | #237
In this episode, Justin leads the team through ideas from Rene Girard, a French theorist from the 20th century who countered mainstream thought during this time. Girard wanted to refute claims that Greek myths and the Passion of the Christ were the same, or at least very similar. By comparing stories of Greek myth and those in the Bible, we are able to see the what separates myth from the Passion of Christ. How did Jesus shed light on the Devil's tricks, especially the one where society believes something of his working is required for survival? Join the conversation now to hear how Jesus uncovered Satan by being exclusively innocent and holy while on Earth.
Timeline:
Desire in Life & Myth //3:15
Joseph and Edipus - A Comparison // 8:00
Warming Your Hands With Society // 14:00
Jesus Uncovered Satan // 20:45
Luke's Account // 24:30
Exclusive Innocence // 34:00
Rene Girard - The Scapegoat (Le bouc émissaire)
Rene Girard - I See Satan Fall Like Lightning
5/15/2023 • 36 minutes, 57 seconds
Inflation Adjusted Capital Gains Tax? | #236
How do taxes affect investment and saving incentives for individuals in the United States? In this episode, the Gwartney Institute discusses an issue with the tax system in regard to how it handles inflation. Should our tax system include inflation when evaluating individuals capital gains? These taxes disproportionately effect lower income earners more harshly than high income earners, yet they still feel a huge blunt end of these taxes. Listen now to an informational show on inflation, taxes, and their effect on our incentives to invest and save money.
Timeline:
Capital Gains & Income Taxes // 2:30
Inflations Effect on Capital Gains // 5:00
Printing Money Causes The Bid to Go Up // 10:15
Effects All Citizens // 18:00
Cryptocurrency & Unrealized Gains //23:25
Create Inflation and Collect Taxes? // 26:00
5/8/2023 • 27 minutes, 55 seconds
Tenure for College Professors? | Episode #235
In this episode, the Gwartney Team discusses movements in the structure of college professors. There is currently a diverse competition in the job market of higher education. As states like Texas ban tenure for professors at public universities, more professors move to the private sector. Join us in our latest episode to learn why this is happening!
4:00 // Benefits of Tenure
8:00 // Tenure vs Non-Tenure
11:00 // Freedom of Ideas in Academia
18:00 // Texas Removing Tenure - Public Schools
24:00 // The Future of Professor's Pay
5/1/2023 • 31 minutes, 14 seconds
Gospel Politics - A New Way? | Episode #234
In this episode, the Gwartney team discusses the problems of 'older brother' vs 'younger brother' mentalities in the political spectrum. How have these roles switched in the past 50 years? Perhaps having more congressmen not participate in the legislature can allow for more elected officials to preach the gospel. Listen in for a hot take on the problems and solutions of Gospel Politics!
Show Timeline:
Older and Younger Brothers / 2:00
Political Mindset of the Brothers / 6:30
Social Rule Enforcement / 9:30
Paul, Older or Younger Brother? / 17:00
Political Homelessness / 25:00
The Gospel & Politics / 32:30
Utilization of the Platform /38:45
O'Connor - Wise Blood
Tim Keller
4/24/2023 • 40 minutes, 59 seconds
Bank Bailouts -No More Please! | Episode #233
A few weeks ago, we witnessed Silicon Valley Bank scare the financial sector with a bank failure. The FDIC then 'came to the rescue' in ensuring depositor's their money. The team dives deeper, discussing weaknesses, cracks, and the heavy regulations within insured banks. Could there be more to the story?
The banks are fine? / 5:15
Who got the bailout? / 10:00
Effects on consumers? / 15:00
Interest Rates / 21:05
'Fat Cats' / 26:00
Dominos are falling / 31:45
Backwards incentives / 36:30
Regulations don't save bucks / 39:00
4/17/2023 • 44 minutes, 18 seconds
Socialism Fails Venezuela - Creighton University | Episode #232
In this episode, the Gwartney Team hosts a podcast at Creighton University with a special guest from Venezuela. Our guest explains the breakdown of Venezuelan Political and Economic Institutions over the years. Could democracy hold a problem that leads to dictatorship? Listen in to find out!
2:45 // Institutional Hierarchy
9:15 // Political Power of Leaders in Venezuela
15:30 // The Decline of the Venezuelan Economy
20:45 // Venezuelan Education System
24:00 // Q & A
33:00 // Economic Freedom Today
4/10/2023 • 39 minutes, 56 seconds
DARE to say NO? - Drug use up? | #231
The war on drugs produced many programs, with one of them being the Drug Abuse Resistance Education. The Gwartney Team discusses the topic and its long-term effects on America's youth. Has this program been successful, or has it perpetuated the idea of the drugs it is fighting? Perhaps there is a better approach to limiting the number of drug abusers. Listen now to find out!
Show Notes:
DARE to Resist Drugs // 1:30
Pressing Issues with DARE // 6:00
30 Ways to Say 'NO' // 10:05
Zero Tolerance and Leveling // 16:00
Legalization // 23:25
Drinking & Driving // 29:00
Cell Phones & Boredom // 33:00
4/3/2023 • 34 minutes, 1 second
Do We Deserve Anything from Government? | Episode #230
In this episode, the Gwartney team discusses just what people deserve. It's often theorized that the state ought to give criminals what they deserve, in defense of their neighbors' rights. Perhaps we must weigh the costs and benefits of the state's policy. Could this be wrong? Listen to find out!
Show Notes:
How does the State decide? // 3:45
Cost & Benefit of the State // 8:15
Justice & Harm Principle // 13:40
What is the Role of the State? // 18:35
The Types of Laws // 24:30
Race-Based Aid // 30:10
In this episode, the Gwartney Team dives into the topic of creationism. Science and religion both have varying ideas as to what caused the creation of the universe. The founding belief of The Resurrection in Christianity can be seen as a miracle, unable to be disapproved by science. What does it mean if these miracles can be disputed? Join us to hear a take on Christians & Creationism!
What is Creationism? // 2:00
Does Science Disprove Creationism? // 7:45
Can Miracles be Disputed? // 14:30
Exegetical Grounds // 18:40
Genesis Written Historically // 28:00
The Big Bang // 34:45
3/20/2023 • 40 minutes, 36 seconds
Government Weapons of Oppression - Dr. Rachel Ferguson | Episode #228
In this episode, The Gwartney Team has a special guest, Dr. Rachel Ferguson. Esteemed author of Black Liberation Through the Marketplace, Rachel has joined us to answer questions from students who have recently attended our Breakfast Book Club. Listen now for a rich conversation on the stories of Black America.
Show Notes-Student Questions
3:11 // Native & African American Land Rights?
7:00 // Rachel’s Comments on Defunding the Police
12:52 // Why go into such detail explaining atrocities?
20:29 // What is Civil Society?
27:25 // Reparations for Black America
35:04 // Martin Luther King & Malcom X
38:40 // Segregation, Integration
In this episode, the Gwartney team discusses the populism issues arising from democracy. Too often does the 'mob rule' dominate over large portions of citizens. Is there a chance that this may be counterproductive to the benefits of democracy? Perhaps the concept of Fiscal Federalism could solve these issues. Join us in the link below to find out!
Show Notes:
4:15 // Contradiction between Democracy and Populism
11:20 // Is Elite Rule Good or Bad?
19:00 // Guard against Mob Rule
29:30 // The Fed is Too Large?
35:00 // The Power of Markets
3/6/2023 • 42 minutes, 3 seconds
Ban Smart Phones for Kids Under 18? | Episode #226
In this episode, the Gwartney team discusses a looming mental health crisis in the United States. The leading demographic is young women. With an increase in suicidal thoughts, many Americans tend to blame the newly evolved social media. The constant critiquing that comes with these media sites may be influencing our young women badly. Could this be a breakdown of civil society? Would a smartphone ban for kids work? Listen in to find out!
Social Media or Something Else Entirely? / 3:30
Lockdown Effects / 7:45
Civil Society Breakdown / 10:25
Constant Critiquing / 19:00
Smartphones & Boredom / 27:15
Do the Costs Outweigh the Benefits? / 36:00
Who Gets Punished? / 45:20
Externalities / 53:45
2/26/2023 • 55 minutes, 8 seconds
International Conflicts and Aid -What should the US do? | Episode #225
In this episode, the Gwartney team discusses the United States' role in foreign aid. When the U.S. gets involved in international conflicts, the interests of domestic citizens may not be apparent. What are some of the reasons for the U.S.' increased involvement in foreign affairs? Do these actions move our government in the direction of totalitarianism? Join us for a controversial discussion on the role of U.S. on a global scale!
What are the United States top interests? / 4:30
Encourage freedom, or create freedom? / 8:00
Local help or federal aid - Which is better? / 14:05
Disentangling military from charity / 22:00
Cycle of history or parallels through time? / 27:30
Political interest outweighs societal? 35:35
Moving the needle / 42:10
2/19/2023 • 42 minutes, 14 seconds
More AI, More Safety Nets for Job Loss? | #224
In this episode, the Gwartney Team discusses AI's role within the marketplace. Artificial Intelligence has proven to be useful in various industries, improving productivity exponentially. While this is a huge benefit, the team discusses where AI may not be applicable in the future. Will a machine perform a service job better than a human? What is the appropriate level of work in a society rich in artificial intelligence? How will people earn and retain money? Join us for this continuation of the discussion on the prospects of Artificial Intelligence.
Timeline:
Docking Industry / 4:00
How much A.I. in the Market? / 10:30
Is Work Desired? / 19:00
Industry that can be programmed / 23:00
The Mormon Church / 30:00
Do we need to restructure? / 38:00
2/12/2023 • 39 minutes, 55 seconds
Artificial Intelligence Wrote My Paper -Deal With It | #223
In this episode, the Gwartney team discusses AI's recent developments and the conveniences it may provide. Yet, as artificial intelligence is making strides in advancement, what does this mean for the future of education? While the team thinks AI is not at a level of eliminating essays from the curriculum, we do believe there will be potential for a transition back to hands-on learning. Some say artificial intelligence will eventually become sentient, and if that's the case will artificial intelligence create innovation within society and create abundance throughout the world?
Timeline:
Academia vs. AI: FIGHT! / 2:30
Better Education Trumps AI? / 10:00
Life of Abundance / 18:00
Will AI make conscious decisions? / 27:30
Does AI Effect Innovation? / 33:30
Utopian Dreams / 42:00
Mind or Matter? - Philosophy of Mind Pt. 1 | #181
Materialism Battles Dualism - Philosophy of Mind Pt. 2| #182
Mind and Body Functionalism - Philosophy of Mind Pt. 3 | Episode #183
Property Dualism - Philosophy of Mind Pt. 4 | #184
2/6/2023 • 49 minutes, 4 seconds
Credit Score Facts and Fiction -Chad McCullough | #222
We are proud to welcome Chad McCullough, an expert on credit score repair to educate on the facts and fiction in the world of credit. How is a credit score composed? Are there incentives for the credit industry to withhold information from consumers? We hope you are able to gather some valuable information about a potential oligopoly.
Timeline:
Credit is a Puzzle / 1:30
Are People Complacent? / 6:45
Character Probability / 10:00
Personal Ownership / 14:15
Information's Value in the Credit Industry / 20:25
FICO vs FAKE-O / 24:00
Credit Union's Incentives / 31:00
1/30/2023 • 36 minutes, 36 seconds
Academic Journals—Good Ole Boys Club? | #221
In this episode, the Gwartney Institute discusses issues within Academia. To earn merit within Academia, one is almost required to have some of their work published in a journal, the more prestigious, the better. Yet, there has been an increase in the discussion that the peer-review system is flawed and may be doing more harm than good. The system incentives scholars to create within a narrow scope and to deny one's own story in an effort to present only information. Has academia lost its identity?
Timeline
Peer Review's Role in Academia / 2:00
Journal Prestige / 7:25
Problems with Peer Review / 12:15
On a Need-to-Know Basis / 17:00
Insular Self-Publishing / 21:00
Narrow Scope and Barriers for Viewing / 25:30
How Do We Maintain the Spread of Knowledge? / 31:40
Unmask Identity / 38:00
1/23/2023 • 43 minutes, 7 seconds
Tipping is out of control? | #220
In this episode, the Gwartney team discusses different point of views on the social construct of tipping. What are some of the issues that arise when tipping is prevalent at every food or drink establishment? Is there a moral requirement for tipping? Join us for a lighthearted and fun conversation over tipping and its normalcy.
Timeline:
Why do we tip? / 2:30
Value of Information / 10:00
Bias Tipping / 14:15
Moral Arguments / 18:45
COVID, Coffee, and Tipping / 24:30
Free Riding / 30:00
Subsidy to Employees / 36:30
1/16/2023 • 45 minutes, 33 seconds
Mass Extinction is a Bad Prediction | #219
In the late 1960s, Paul Ehrlich predicted that the world was facing the mass extinction of land and sea animals. He predicted that the coastline would have to be evacuated ten years after his first book was written due to the smell of dead fish. After the Green Bay Packers defeated the Minnesota Vikings last week, Paul Ehrlich was seen on CBS’ 60 Minutes, restating arguments he made almost 50 years ago. The Gwartney team discusses issues with Elhrich’s logic and presents arguments against mass extinction. We suggest that humans are inherently different from other animals for we have the ability to innovate with the resources around us. We must strive toward policies that encourage innovation and away from over-restrictive policies that limit the use of resources.
Timeline:
Humans Are Equal to Animals? / 4:30
Humans Create Ideal Circumstances / 7:00
Endogeneity Problem / 11:00
No Claim to Mass Extinction / 14:00
Stewardship & Private Property / 19:45
Basic Needs Must Be Met to Adust Priorities / 26:00
People Are The SOLUTION / 35:00
Paul Ehrlich - The Population Bomb
Julien Simon - The Ultimate Resource
1/9/2023 • 38 minutes, 22 seconds
Christmas Gifts Ruin Christmas? | #218
As we look back at the holiday season, we feel it is interesting to examine the idea of gifting. During Christmas, consumerism is rampantly increasing, and as we dig further into the concept of gifting, the Gwartney team seems to look more at the potential negatives of gift-giving. Has the idea of gift-giving exceeded what was thought of as its potential? Does gift-giving highlight the core values we want to imbed in our future? We discover the actual value of a gift comes from the effort and thought that the giver put into it.
Timeline:
Non-wealth Maximizing / 3:00
Value Derives From Effort / 7:15
Kids Are Very Material / 14:20
Christians & Consumerism / 17:55
Outsourcing Goods / 25:45
Our Favorite Gifts / 30:00
1/2/2023 • 34 minutes, 34 seconds
Thinking about the Infinite | #217
"Are some numbers more significant than others? Are some infinities more extensive than others?
In this episode, Dr. Justin Clarke attempts to explain modern mathematical and philosophical conceptions of the infinite, and what they entail. Peter and Russ resist enlightenment, to their detriment. We hope you enjoy this eye-opening podcast on how to measure and examine the infinite.
Timeline:
2 Senses of Infinite / 2:30
Theory of Infinity / 9:30
Countability / 15:45
The Semi-Circle / 25:00
Incalculable / 34:02
From God's Book / 39:00
Stephen C. Meyer - The Return of the God Hypothesis: Compelling Scientific Evidence for the Existence of God
12/26/2022 • 45 minutes, 9 seconds
Canada’s Healthcare Suicide Solution | #216
In this episode, the Gwartney team discusses Canada's broadening of its euthanasia bill. The original bill allowed for those struggling with life-altering disabilities and those near death could end their suffering early with the government's help. The bill's new broadening allows any Canadian citizen to apply for euthanization. The team discusses the issues with this new bill and makes an argument for the immorality of the bill. We hope you enjoy this educational discussion on what's happening in Canada.
Timeline:
10,000 in 2021 / 2:00
Relevant Examples / 9:30
Lost Testimonials / 14:00
Out of the Ashes ~ Come to Jesus / 20:00
The Moral Arguments / 26:30
Eternity at Stake / 38:10
12/19/2022 • 43 minutes, 10 seconds
Inflation is Caused by Government -Why? | #215
In this episode, the Gwartney team gives a rundown of what the Federal Reserve is and how it operates. They describe our current system, fractional reserve banking, and describe pitfalls that have arisen due to it. We discuss how inflation acts as a required tax pressed upon and created by the government. We hope you enjoy and learn something from this podcast!
Federal Reserve 101 / 2:00
Why Banks Want Bonds / 7:15
Mortgage-Backed Securities / 10:30
Old System is Dead / 22:05
Why Open Market Purchases Matter / 30:45
Four Tools / 38:30
12/12/2022 • 45 minutes, 52 seconds
Bitcoin Book Club Part 2 - What is Bitcoin? |#214
In our second, and final, Bitcoin book club, we discuss the more technical details of what cryptocurrency is and how Bitcoin operates. Join us to see how Bitcoin fits into your biblical worldview, the beauty of financial freedom with Bitcoin, and the importance of sound currency.
We would love to thank Chuck Bryant and the Pinnacle Forum for partnering with us on this event! We hope you enjoy it!
12/5/2022 • 37 minutes, 58 seconds
Bitcoin Book Club Part 1 - What is Money? | #213
In this episode, the Gwartney team is walking through the beginning of the Bitcoin Standard by Saifedean Ammous. Before diving into the mechanics of cryptocurrency, it is essential to understand what money is and the importance of sound money. We hope you enjoy this informative talk about the significance of monetary policies!
11/28/2022 • 46 minutes, 56 seconds
LA City Council, $218,000 -Public Good Served? | #212
In recent news, LA city counselors were caught on tape saying derogatory things about those living within their community. Upon this news, the Gwartney team looks to discuss the incentives for such behavior within Los Angeles. The Gwartney team discusses why LA city counselors are paid hefty amounts and why they cannot be kicked out of office. What is at play here: higher cost of living, increased workload, a stressful job, or could it be to deter corruption? Join us for a great episode as we sort out the incentives at play within Los Angeles.
Timeline:
Incentives / 3:00
Government vs. Free Market / 8:15
Importance of Accurate Capital / 11:00
Rational Ignornance / 18:30
Devil's Advocate / 22:45
Shocking? Not to Dr. Clarke / 25;30
Bad Actors / 31:20
11/21/2022 • 32 minutes, 22 seconds
Inflation Incentives Matter - Dr. Jim Gwartney | #211
In this episode, the Gwartney team welcomes our namesake to the show, Dr. Jim Gwartney. Dr. Gwartney uses his economic expertise to examine the current financial situation of the United States. What has caused this situation? Do the incentives of the people match up with those in power positions? Join us for a great show with the Institutes inspiration
Current & Future Economy / 4:30
Money Supply Increased / 9:15
Side Effect, Increased Debt / 14:30
Who's Being Served / 18:15
Who'd Reappoint Jerome? / 24:30
Difficulty Holding FED Accountable / 28:00
Stagflation? - Lag Effect /34:45
11/14/2022 • 41 minutes, 29 seconds
Landlords May Not Be Evil |#210
Do landlords receive a terrible reputation? Most would answer yes, but why is that? In this episode, the Gwartney team discusses some of the positives of renting, especially when mitigating risk for tenants. Join us in changing the way we perceive the life of the landlord!
Timeline:
The Rhetoric of Landlords / 4:40
Risk Taker / 7:00
The Tragedy of the Commons / 11:00
Jeremiah 29:4 / 14:30
Rent Controls / 20:00
Wealth Tax / 28:00
College's as Landlords / 31:10
Ownership / 34:00
11/7/2022 • 36 minutes, 5 seconds
Power and Wealth -Good or Evil? | #209
In this episode, the Gwartney team talks about power and wealth. As a society should we strive to improve geopolitical power? Does power come from wealth? Can we find value in destruction? How does war fit within our pictures of power and wealth? Join us as we answer questions like these and more! Have a happy Halloween!
Timeline:
Geopolitical Power / 1:30
Differences of Wealth & Power / 7:00
Value in Destruction / 10:30
Puppet States / 18:00
War as an Investment / 22:00
Propaganda Will Be Loud / 27:50
Economic Sanctions / 35:00
10/31/2022 • 39 minutes, 47 seconds
Eyebrow Threading License, No Joke! –Dave Trabert | #208
We are happy to welcome back Dave Trabert of the Kansas Policy Institute! In this episode, we discuss eyebrow-threading licenses and how they could cause inefficiencies in the economy. We dive into other industries, such as barbers, electricians, and roofers, that have licensures or permits and how it could affect their industry. How do policies alter the incentives for people to enter specific industries?
Timeline:
Eyebrow Threading Requirements / 2:30
Exemptions / 7:00
Lobbying Efforts to Reduce Competition / 10:00
Common Property & Crappie / 18:30
Build Reputation, Not School Hours / 21:35
The Sandbar / 25:00
10/24/2022 • 32 minutes, 46 seconds
Wrestling, NFL, and Religion -Fake? | #207
Have you ever thought that modern-day sports are adding more theatrics into their games? Dr. Peter Jacobsen leads the team through comparisons of the WWE to the NFL, arguing that the NFL is more similar to the WWE than it seems. We discuss how these theatrics are not at play just in football, but in soccer, basketball, and baseball. Join us for a fun-hearted show!
World Wrestling Entertainment / 3:45
NFL Theatrics / 8:40
Fair v. Equity / 11:35
The Line / 18:40
Agglomeration / 25:45
Storytelling Creatures / 30:00
Joel Listening? /35:00
10/17/2022 • 36 minutes, 54 seconds
K-12 School Charters, Vouchers, and Competition -Dave Trabert | #206
In this episode, the Gwartney team welcomes Dave Trabert to the show! Trabert is an expert on the current education system and is asking for your help to change it! In this show, we will be discussing the monopoly of our current education system and what other options are becoming available to deter this monopoly. From charter schools to vouchers, Trabert walks through these ideas of change and relieves any concerns along the way. Trabert also touches on the system's desire to create racial equality while perpetuating racism. Join us for an important episode now!
Timeline:
Money follows the children / 3:15
Breaking the monopoly / 6:35
Money for at-risk youth / 10:00
Barriers to education improvement / 16:20
School reaction to COVID, solvent to school choice? / 21:30
Limit of what's taught? / 26:10
Perpetuates racism / 30:25
The system aids the unhealthy / 35:05
Get informed, make your choice! / 37:45
Giving Kids A Fighting Chance: https://fightingchanceks.org/
10/10/2022 • 40 minutes, 46 seconds
Objectifying People’s Subjective Value - Part 2 | #205
In a continuation of last week's show, Justin continues to guide the team through his thesis of individual value. Justin disproves subjective value and Peter has strong opinions on rationality. We hope you enjoy the ending of this conversation!
10/3/2022 • 28 minutes, 57 seconds
When is Coveting Legal Plunder? | #20
We discuss the concept of legal plunder, first proposed by French philosopher and economist Frederic Bastiat in his tract "The Law." Is there a way to tie this concept to coveting?
9/29/2022 • 39 minutes
Objectifying People’s Subjective Value Pt.1 |#204
In this episode, Justin introduces the theory of subjective value and issues that arise within its premises. Peter disagrees with Justin on where value comes from and how it's measured. Do we consider irrational beings as agents/people? With conversation flowing, we decided to make this topic into a two-parter. We hope you enjoy the beginning and stay tuned for next week's continuation!
Episode 183 Mind & Body Functionalism:
https://anchor.fm/faithandeconomics/episodes/Mind-and-Body-Functionalism---Philosophy-of-Mind-Pt--3--Episode-183-e1hueld
9/26/2022 • 37 minutes, 37 seconds
Order of Operations - History Matters | #203
In this episode, Justin leads the Gwartney team through our conversation regarding the order of operations, no not math. Each state should be responsible for its citizens and engage in policies that benefit them. What is the correct order of implementing/disengaging specific policies and provisions? Join us for a delightful show!
Timeline:
Libertarian List / 1:35
Environmental Argument? / 6:00
Immigration Issues / 10:30
Starving the Beast / 19:15
Opportunities For Successful Reform / 26:40
9/19/2022 • 33 minutes, 23 seconds
Insights From the Prodigal Son- Trade and Grace | #202
In this week's episode, Dr. Peter Jacobsen leads the Gwartney team through the Biblical story, of the prodigal son. In this story, what is the sin that Jesus is trying to identify? What is, if any, our reward for being 'good' on Earth?
Timeline:
Reparations / 3:45
Cain and Abel / 7:15
Transactional Behavior / 12:30
Usurp of Authority / 16:45
Prodigal Son / 22:40
Life is a Gift / 24:00
Whatever I get, I'm Happy / 29:45
Attitude Leads to Fruit / 34:00
9/12/2022 • 40 minutes, 30 seconds
Rational Ignorance and Public Choice | #201
In this week's episode, the Gwartney team discusses rational ignorance and how society engages in it. Further, we investigate public choice and the dangers of growing bureaucracies. We hope you enjoy this episode and see how it fits into your life!
Timeline:
Public Finance / 2:30
Black Box (James Buchanan) / 5:00
Sugar Policies / 11:00
Poverty Reduction: Government vs. Church / 18:35
Profit of Politics / 22:15
Purchaser of Seats, Closed Market / 30:00
Structure of Government Creates a Hockey Stick? / 33:05
9/5/2022 • 37 minutes, 37 seconds
200th Episode -Questions from the Crowd
We are in the mood for a celebration because it's our 200th episode! In this special, live podcast, we take in a few questions from those attending. We hope you enjoy this laid-back conversation covering topics from higher education to cryptocurrency.
Timeline:
Previous favorites 1:45
Students Value on Higher Education /8:30
Sheepskin Effect / 13:00
Separation of Church and State / 21:00
2nd Law of Demand / 27:30
Who's skinny dipping? / 33:35
Justin's: Changing Beliefs | #77
Peter's: Mind or Matter? - Philosophy of Mind Pt. 1 | #181
Russ':Russ Roberts | #78 or Vernon Smith on Adam Smith | #32
8/29/2022 • 39 minutes, 17 seconds
Revelation and the Global Economy -Pastor Dakota Smith | #199
In this week's episode, the Gwartney team welcomes Pastor Dakota Smith from Ottawa Bible Church. Pastor Smith's discussion of choice revolves around predictions from Revelation of a mono-culture speared by a global government. We open up the possibility of such a reality by describing some potential downfalls of our society. For instance, we discuss the rise of the self and subjective truth. Whereas the truth is determined by whatever the self sees it as. Join us in an enlightening and foreboding podcast!
Timeline:
One World Order / 4:00
7th World Empire / 9:45
Globalized Culture / 12:10
Babylon Society / 15:00
Concept of Truth / 16:15
Revelation 18 / 21:00
Revelation 13 / 28:15
People Want a Leader / 34:30
8/22/2022 • 43 minutes, 7 seconds
Inflation Reduction Act - Joke? | #198
The Biden Administration has just approved the Inflation Reduction Act. This act supposedly aims to reduce the budget deficit while aiding our inflation issue. Unfortunately, most of the act is a spending bill, especially for energy, climate change, and the employment of an additional 87,000 IRA agents. We hope you enjoy this discussion on the problems with this new Act.
Timeline:
Monetary Policy Issues / 4:15
Increased Oversight! / 7:15
Climate & Energy / 13:30
Rules or Principles / 22:45
Tax De(In)crease? / 27:25
Environmental Judgement / 31:20
Cronyism and Rent-Seeking / 37:00
8/15/2022 • 37 minutes, 54 seconds
Climate Crisis - Faith and Innovation Overcomes? | #197
For years, elitists have ensured its people that climate change is inevitable and worthy of federal spending. The Gwartney team discusses the current climate 'crisis' and the importance of crisis' to those in power. What does faith say about climate change? We expect innovation to solve our crisis and for you to love this show! Listen now!
TImeline:
Executive Orders? / 3:00
The Ratchet Effect / 5:45
Unexamined Variables / 13:10
Does Faith Direct Us? / 17:00
You Get An A/C, You Get An A/C! / 24:15
Innovation Is Vital / 30:40
Strawman Justin / 35:45
8/8/2022 • 38 minutes, 32 seconds
Family, Faith and Oeconomia -Pastor Timothy Roth | #196
In this episode, the Gwartney team welcomes Pastor Timothy Roth to the show! Pastor Roth wants to discuss the current culture of individualism and what the Bible says about family that contradicts the current culture norms. How does one explain they care about the economy without sounding like they only care about money? A podcast truly interloping the topics of Faith & Economics. Enjoy the show!
TImeline:
Value Life, Family, and Future / 2:00
Economic Trinity / 6:15
Economy Supporting the Family? / 12:15
The Best for Family / 24:00
Only Works With Moral Culture / 28:20
4th Commandment / 36:50
8/1/2022 • 45 minutes, 7 seconds
Government Produces Mediocrity | #195
In recent news, Governor Gavin Newsom of California plans to produce insulin for those who have diabetes. Is the market incapable of producing an efficient quantity of insulin? California plans on intruding itself within private markets backed by a plethora of federal regulations and guidelines. Is the market competitive? Join us for a riveting conversation!
Timeline:
Regulation Issues / 4:25
WIC, Controls the Brand / 8:00
No Market For Insulin / 12:15
Government Doe Not Know You / 20:30
Soviet Union / 24:10
Making Things Worse / 29:45
Stifled Competition / 33:45
7/25/2022 • 37 minutes, 16 seconds
Big Faith for Big Data? - Luke Groth | #194
In this week's show, the Gwartney team welcomes guest Luke Groth. Our conversation stems around Luke's line of work, the data industry. The ever-growing strength of the data industry is on full display. Join us as we discuss the positives and negatives of big data.
Timeline:
Deep Data Dive / 1:45
Made to Predict / 6:15
Anonymous or Not? / 11:00
Data Driven Economy / 14:30
Is There an Opt Out Option? / 21:15
Protect Valued Data / 25:00
7/18/2022 • 30 minutes, 30 seconds
Dissecting Church & State | #193
This week, the Gwartney Institute examines the relationship between church and state. Are laws preventing the state from establishing a federal or local religion? Is our nation Christian or something else entirely? Join an insightful conversation about religion's effect on society.
Timeline:
Philosophical Principle / 3:05
The Blurry Line / 7:45
Moral Legislation / 12:15
A Christain Nation? / 20:15
Organizing Society / 26:20
Secular Religion / 31:25
Recycle Now! / 37:20
7/11/2022 • 40 minutes, 31 seconds
Supreme Court Shakes Status Quo | #192
The Supreme Court of the United States has been active in releasing its rulings, and our team wants to look into these cases. With a deep look into the overarching philosophy of these decisions, the Gwartney team jumps into abortion, freedom of religion, and 2nd amendment cases. Join us in a riveting conversation about the current political landscape.
Timeline:
Modern Conservative Philosophy / 6:00
Dissolves Federalism? / 10:45
Religious Liberty / 18:00
Decrease in Waste / 22:00
Public Reaction to Dobb / 26:35
On the Margin / 31:40
Corey DeAngelist for research on school choice
7/4/2022 • 38 minutes, 2 seconds
Free Speech Market of Ideas | #191
In this week's episode, the Gwartney team follows the writings of R.H. Coase, specifically the relationship between the market for goods and the market for ideas. Why do regulators desire to regulate the market for goods, but insist on maintaining a free market for ideas? Has society transitioned into a less openly free speech one? Join the conversation now!
Timeline:
Market for Ideas / 2:30
Importance of Truth / 7:00
Intellectual Class / 10:15
Wield the Whip? / 20:45
Belongs to the People / 24:20
Potential for Abuse / 29:45
The Market for Goods and the Market for Ideas by R. H. Coase
https://web.ntpu.edu.tw/~guan/courses/Coase74.pdf
6/27/2022 • 36 minutes, 32 seconds
Dark Net Bad? - Dr. Julia Norgaard | #190
In this episode, we welcome back Dr. Julia Norgaard. In her second appearance, the team wants to dive into Dr. Norgaard's research on the dark web. What advantages and disadvantages arise from having transactions within the deep web? Join the conversation over a genuine part of upcoming technology.
Timeline:
Silk Road / 3:00
The Onion Router / 5:45
Services.. / 11:00
Emergent Order / 16:15
Buyers Beware? / 24:05
Enforcement / 27:30
Unstoppable Dark Web / 34:00
6/20/2022 • 36 minutes, 7 seconds
Living With Sunk Cost - Fallacy? | #189
The sunk cost fallacy is when one has already invested into a project, begins to examine the overall cost estimate involved and with the project, and thus commits to the project even harder because they are personally invested in the project. Yet, some economists say NO, you must only examine the future costs and rewards! What do you think? Join the conversation now!!
6/13/2022 • 38 minutes
Zimbabwe - Medicine for Sick Economy | #188
Recently, our founder Russ McCullough traveled to Zimbabwe to experience its culture, people, and beautiful scenery firsthand. In this podcast, the Gwartney team discusses the current economic situation within Zimbabwe and possible ways it can improve its economy. Join us in an enlightening discussion about a country across the sea.
Timeline:
Russ On The Move / 1:15
Policy Problems? / 3:45
Cancellation of ALL Loans / 11:15
Drastic Increase in Money Supply / 13:00
Weird Exchange Rate, Capital Control / 17:15
Zimbabwe's Economic Freedom (161) / 21:10
Extraction Government / 27:30
"Precious treasure and oil are in a wise man's dwelling, but the foolish man devours it" / 33:55
Colional Orgins of Comparative Devolpment - : Daron Acemoglu, Simon Johnson, James A. Robinson
https://economics.mit.edu/files/4123
6/6/2022 • 35 minutes, 38 seconds
Public-Private Partnerships are Wasteful –Dr. Michael Farren | #187
This week, the Gwartney team welcomes to the show, Michael Farren. Micheal and the team discuss different states subsidizing businesses to locate within their state. We discuss the after-effects of when businesses and governments collaborate, does this partnership ruin competition? Join the conversation now!
Kansas City is ground zero / 1:45
Truce between Kansas & Missouri / 4:00
Slowing national growth / 8:05
Prisoners Dilemma and Panasonic / 12:00
Politcal incentives / 18:15
Ruinous competition / 28:20
Government privilege / 32:00
"Government scheckles come with government shackles"
5/30/2022 • 39 minutes
College Loan Forgiveness -Not Fair! | #186
There has been increased pressure for democratic policymakers to begin forgiving student loans. Join the Gwartney team as we discuss different incentives and problems that arise due to student loan forgiveness ideas.
Pausing of interest / 2:00
Government is making the loan / 5:45
Just the way things work? / 11:45
Weird incentives / 15:40
Regressive policies / 18:25
Relative prices / 22:15
Subsidies distort / 27:20
Gary Becker: Human Capital
5/23/2022 • 38 minutes, 44 seconds
What does Roe v. Wade Leak Mean –Moral Issues Aside | #185
On May 3rd, a Supreme Court draft decision to overturn Roe v. Wade was leaked to the mainstream media. This has sparked a nationwide debate on the proper ways of moving forward and maintaining security within the judiciary branch. Join our "talking heads" as we discuss the fallout effect of the leak, abortion issues aside!
5/16/2022 • 30 minutes, 39 seconds
Property Dualism - Philosophy of Mind Pt. 4 | #184
After journeying through three other philosophies of the mind, Dr. Justin Clarke leads the team through the final theory of this series. In this last theory, property dualism, our mind, and body are part of one substance and are capable of communicating with one another. Does this theory persuade you? Join a thought-provoking episode now!
Timeline:
Recap of Philosophy of Mind Series / 2:00
Subjective Experience Left Unexplained / 11:00
Property Dualism / 19:00
Does Religion Fit? / 30:00
Thomas Nagel: What is it like to be a bat?
Donald Davidson: Anomolous Monoism
5/9/2022 • 43 minutes, 10 seconds
Mind and Body Functionalism - Philosophy of Mind Pt. 3 | Episode #183
In our third part of the Philosophy of Mind series, Dr. Justin Clarke runs the Gwartney team through functionalism. Functionalism pictures the human mind as a computer, or capable of grasping input to create an output. This theory of mind paints humans as physical beings, only being able to accept first-person, objective truths.
Do you feel more alive when you feel pain or look at a chair?
Timeline:
Problems With Dualism and Materialism / 2:00
Functionalism - Minds are computers / 7:45
Brain is Hardware / 13:00
Problems With Functionalism / 18:30
Spectrum Inversion / 22:40
Excludes Subjectivity / 29:25
5/2/2022 • 32 minutes, 33 seconds
Materialism Battles Dualism - Philosophy of Mind Pt. 2| #182
In a continuation of last week's show, Dr. Justin Clarke leads us through a challenge to dualism's mind philosophy, materialism. Materialism argues that our brain is our mind and that mental activities are connected to physical ones. Materialists believe physical matter is the only reality and that everything, including thought, feeling, mind, and will, can be explained in terms of matter and physical phenomena. Join us in another challenging episode!
Timeline:
The first problem with Dualism / 2:45
Question of Supernatural / 7:00
Interaction Problem / 10:15
Materialistic Approach / 19:15
Ghost in the Machine / 23:30
Phineas Gage & Charles Whitman / 29:30
Problems with Materialism / 32:55
Folk Psychological Terms / 35:45
*Gilbert Ryle
*Thomas Hobbes
*Patricia & Paul Churchland
4/25/2022 • 44 minutes, 19 seconds
Mind or Matter? - Philosophy of Mind Pt. 1 | #181
In this week's podcast, Dr. Justin Clarke leads the Gwartney team through the thoughts of René Descartes, a French philosopher who focused on the duality of the mind. What can we determine for certain exists? Descartes believes the foundation of our existence stems from our ability to think. Our ability to think, Descartes argues, distinguishably separates the mind and body into two inherently different things. A truly thought-provoking episode we hope you enjoy!
Timeline:
Sparker of Modern Philosophy - 1:25
Organization of Thoughts - 4:25
Do Senses Deceive? - 6:30
Foundation of Certainty - 10:15
"I think therefore I am" - 15:00
Doubt is a Form of Thinking - 22:50
Argument For a Soul - 26:30
The Idea of Separation - 32:00
René Descartes- Meditations
4/18/2022 • 34 minutes, 49 seconds
Religion Shapes Collective Action? -Creighton Event Part 2 | #179
In a continuation of last week, this week's episode, the Gwartney team is at Creighton University! The institute took some of our students down to Creighton University for Humanomics 2022. This event had students go through 3 discussion sessions, 2 keynote lectures, 1 faculty panel, 1 movie discussion, and finally a podcast. The topics that were discussed at this event were social norms, collective action, fiscal decentralization, and the city. This show talks about civil society today. Dr. Russ McCullough and Dr. Peter Jacobsen are joined by three other professors on the show. Dr. Tony Gill from the University of Washington, Dr. Vlad Tarko from the University of Arizona, and Dr. Michael Thomas from Creighton join the team to discuss these issues. In the second half, our academics field questions from the student audience! join the discussion now!
4/4/2022 • 35 minutes, 25 seconds
Personal Finance Virtues During Hard Times-The Dave Ramsey Approach | #81
With the stimulus payments from the government it raises the question, "What would Dave Ramsey do during these hard times?"
5/4/2020 • 38 minutes, 18 seconds
On Brexit | #63
In the summer of 2016, one of the most significant political events in the past 50 years occurred in the UK: the British public voted in a referendum to leave the European Union. The particulars of this decision are still being decided, so the Gwartney Institute team provides, in this episode, an explanation of what is going on and its economic impacts.
12/30/2019 • 35 minutes, 7 seconds
Faith and Work with Hugh Whelchel | #62
Hugh Whelchel of the Institute for Faith, Work, and Economics joins us to discuss his book How Then Should We Work?
12/23/2019 • 38 minutes, 59 seconds
Faith and Economics in Guatemala | #61
Guillermo Gonzales of Share Guatemala joins the crew for a discussion of the economy of Guatemala and the efforts of groups like Share Guatemala to reduce poverty.
12/16/2019 • 35 minutes, 16 seconds
Victor Claar on Fair Trade | #60
We talk with Professor Victor Claar about his research on fair trade coffee, his faith, and economic policy.
12/9/2019 • 48 minutes, 14 seconds
Morality of Eating Animals | #59
The crew discusses the moral issues related to eating animals. Should we all be vegan?
12/3/2019 • 31 minutes, 25 seconds
Truckonomics with Sarah Ruffcorn - President of Trinity Logistics | #58
We interview Sarah Ruffcorn, President of Trinity Logistics, on the economics of current issues in the trucking industry. Sarah discusses policy issues facing the industry and gives us insights into the relationship between her faith and work!
11/25/2019 • 35 minutes, 22 seconds
Menard Family Grant | #57
The crew discusses our newest grant and the opportunities it will provide to Ottawa Students, the University, and the community!
11/18/2019 • 35 minutes, 44 seconds
Entrepreneurship with David Price | #56
We talk with Dr. David Price of Washburn University about his research and experience as an entrepreneur.
11/11/2019 • 35 minutes, 8 seconds
Not So Forever 21 | #55
What can clothing retailer Forever 21's recent bankruptcy tell us about how markets work? How does corporate bankruptcy work? The crew addresses these issues in today's episode! (recorded October 8, 2019)
Links
Forever 21 Bankruptcy Signals a Shift in Consumer Tastes
Forever 21 to Reportedly Save About 60 Stores Slated for Closing
11/4/2019 • 30 minutes, 51 seconds
Economics of Prison Gangs | #54
This episode was recorded on September 6th.
Justin, Levi, Russ, and Jacob discuss Jacob's blog post (linked below) on the behavior of prison gangs and what they can tell us about our own economic behavior.
Economic Understanding of Prison Gangs by Jacob Maichel
10/28/2019 • 28 minutes, 32 seconds
Why Socialism Sucks and What to Do About It | #53
We interview Dr. Paul Cleveland regarding socialism and its surging popularity among young adults and teens. Why is socialism appealing to them? What are some effective ways of educating them on the problems with socialism?
Show Notes:
The Great Utopian Delusion by Clarence Carson, Paul Cleveland, and L. Dwayne Barney
Socialism Sucks! by Robert Lawson and Benjamin Powell
10/21/2019 • 35 minutes, 32 seconds
Faith and Finance with Wiley Angell | #52
This week we interviewed Wiley Angell, Senior Portfolio Manager at Ziegler Capital. Wiley discusses his faith, philanthropy, and their connections to his work in finance.
10/14/2019 • 38 minutes, 33 seconds
Professor Hunter Baker on Faith and Politics | #51
Professor Hunter Baker talks with us about important current issues including the current problems facing Cold War conservative/libertarian fusionism, policy issues related to Big Tech, and the importance of culture in politics.
Political Thought: A Student's Guide by Hunter Baker and David S. Dockery
10/9/2019 • 46 minutes, 17 seconds
Debate - All Drugs Should be Legal | #50
Thank you for listening to our 50th episode! This week we share a debate sponsored by the Gwartney Institute featuring Dr. Levi Russell and Dr. Justin Clarke. Should all drugs be legal? After listening to the debate, tell us what you think!
info@gwartneyinstitute.org
9/30/2019 • 45 minutes, 59 seconds
Faith and Economics of Cooperative Businesses | #49
The crew engages in a wide-ranging discussion of the cooperative business form. History, policy, efficiency, and comportment with Biblical lessons are all discussed.
Show notes:
Small is Still Beautiful by Joseph Pearce
Mondragon
Cenex Harvest States
Ace Hardware
9/23/2019 • 32 minutes, 56 seconds
P.J. Hill on Stewardship of Creation | #48
This week we interviewed Dr. P.J. Hill, Senior Fellow at the Property and Environment Research Center and Professor Emeritus of Economics at Wheaton College. What can economics tell us about being good stewards of God's creation?
Dr. Hill's Site
9/16/2019 • 29 minutes, 45 seconds
Is Addiction Profitable? | #47
This week we discuss an article review written by Gwartney Institute Graduate Assistant Jacob Maichel for our blog. The article discusses the notion that many modern inventions profit from our addictive impulses and that, allegedly, the profit motive enhances this suboptimal situation. Should we be concerned? What are the moral issues at play?
Limbic Capitalism: Article Review
9/9/2019 • 30 minutes, 41 seconds
Tech and the Productivity Slowdown | #46
The crew discusses the role of social media and smart phones in the recent decline in labor productivity. Do smart phones provide a net benefit to our productivity or are they partly to blame for reductions in our productivity growth over the past 10 years?
Show notes:
Labor Productivity Article
B.S. Jobs - NPR
9/2/2019 • 31 minutes, 12 seconds
Is Economic Value Subjective? | Ep 45
Professor Justin Clark joins the regular crew to discuss an important philosophical topic: subjectivity in economics. How do philosophers understand the term "subjective" with regard to economics? How do markets play into our ability to apprehend the value of things?
Show notes:
Why God Has Created Us to Value Different Things - Dr. Anne Bradley
8/26/2019 • 34 minutes, 21 seconds
On Tipping with Professor Tony Gill | #44
We interview Professor Tony Gill about his work on the issue of tipping. Why do people give tips to service employees? Why don't employers just pay them more? How do we understand the morality of the institution of tipping?
"The Political Origins of Religious Liberty" by Dr. Tony Gill
Brief op ed on Dr. Gill's article
Dr. Gill's article on tipping
Anti-Tipping video
Humanomics - Vernon Smith
Vernon Smith Episode
8/20/2019 • 35 minutes, 29 seconds
Faith and Economics of Recycling | #43
The crew discuss the economics and morality of recycling. Is recycling a good idea? Should it be subsidized? Is recycling local-only or does it cross national boundaries?
Links:
NPR story mentioned by Russ
Popular Mechanics article
Mises Institute article 1
Mises Institute article 2
China bars U.S. recycling
8/12/2019 • 31 minutes, 24 seconds
The USDA's Move to the Heartland | #42
The crew discusses the economic and moral implications of the federal government's choice to move the USDA's Economic Research Service and National Institute for Food and Agriculture to the Kansas City area. What does this move mean for USDA-ERS and -NIFA employees? Their work? Will the public benefit from this move?
8/5/2019 • 29 minutes, 4 seconds
Cooperation in Evil | #41
Russ and Levi discuss the difficulty of participation in evil. Is it wrong to buy products from people who do horrible things? If we invest in companies that do bad things, are we guilty of their bad actions?
Cooperation in Evil Chart
7/29/2019 • 29 minutes, 24 seconds
On the Obligation to Tithe | #40
The crew tackles the issue of tithing from the perspectives of faith, economics, and community. Are Christians obligated to give a tenth of their income? What economic circumstances make giving difficult or easy?
7/22/2019 • 26 minutes, 47 seconds
On Jobs and Automation | #39
The whole crew discusses automation and technological change and how economic policy should address these issues.
Tucker Carlson on Ben Shapiro's Sunday Special
7/15/2019 • 37 minutes, 30 seconds
Working & Resting on Sunday | #38
Russ, Levi, and Jacyn discuss the prohibition of work on the Sabbath and how we can apply it to our lives. What types of work are prohibited? How should we set economic policy consistent with this commandment?
The Sunday Rest video
7/8/2019 • 37 minutes, 33 seconds
Reggies Wenyika on His Faith and Zimbabwe's Economy | #37
Russ and Levi interview the President of Ottawa University's home campus on his faith, work, and the history of Zimbabwe. Reggies' charisma and experience as an academic, pastor, and administrator shine through the interview. You will love this one!
7/1/2019 • 46 minutes, 31 seconds
Dave Ramsey's Personal Finance | #36
The whole team has an informative conversation on Dave Ramsey's personal finance philosophy and tactics. Russ, who teaches a personal finance course here at Ottawa University, explains Ramsey's system and the rest of the crew ask questions.
6/25/2019 • 42 minutes, 37 seconds
Trump's Trade War with China | #35
Note: This episode was recorded on June 3, 2019
Russ and Levi discuss the trade war between President Trump and the Chinese government over the past 9 months. Are tariffs a good idea from a financial and economic perspective? How should we think about the ethical concerns with tariffs from a Christian perspective?
CNBC report on tariff impacts
6/17/2019 • 29 minutes, 12 seconds
Randall Holcombe on Political Capitalism | #34
Russ and Levi interview Dr. Randall Holcombe of Florida State University. Dr. Holcombe discusses the concepts in his recent book Political Capitalism. Do we live in a free market economy? How does the government interact with the profitability of businesses in the U.S.? Check out our interview and Dr. Holcombe's book for more information!
6/10/2019 • 42 minutes, 41 seconds
Vernon Smith on Adam Smith | #32
Russ and Levi interview Dr. Vernon Smith, winner of the Nobel Prize in Economics in 2002. Dr. Smith discusses his faith and its impact on his views on economics and social behavior.
5/27/2019 • 40 minutes, 20 seconds
Dr. Anne Bradley on Income Inequality | #31
Dr. Anne Bradley of the Institute for Faith, Work, and Economics joins us to discuss income inequality. What should Christians think about income inequality? Is it a pernicious threat or an inevitable and benign characteristic of a free society?
5/20/2019 • 27 minutes, 45 seconds
Why Not Federalism? | #30
Russ and Levi discuss the economic and political costs and benefits of federalism in our own time. We draw on the Christian concept of subsidiarity to examine the ethical implications of devolving Federal power to the states!
5/13/2019 • 34 minutes, 30 seconds
The Universal Destination of Goods | #28
Levi and Russ discuss the concept of the universal destination of goods. What are the limits of property rights? How do we understand moral obligations to help others financially?
Show Notes
Faith and Economics - Federal Food Programs: Efficiency and Ethics
Faith and Economics - Universal Basic Income
The Religious Roots of Modern Poverty Policy
Lecture by Edward Feser
Blog article by Jacyn Dawes
4/29/2019 • 30 minutes, 23 seconds
Christian Ethics of Tariffs | #29
Russ and Levi discuss tariff policy and the costs associated with recent tariffs designed to protect American jobs. How should we evaluate the costs and benefits of tariffs?
4/29/2019 • 33 minutes, 18 seconds
Creighton University Humanomics Event: Adam Smith - Moral Sentiments and the Wealth of Nations | #27
Drs. Maria Pia Paganelli, Derek Yonai, and Michael Thomas join us to discuss Adam Smith's body of work and its implications for the place of economics in social science today.
4/22/2019 • 38 minutes, 42 seconds
Government Debt | #26
We dig into the mailbag for this episode! How do economists understand government debt? Can this understanding inform our ethical views of debt?
Show Notes:
US Debt Clock
Dr. Bob Murphy on Intergenerational Debt Burdens
4/15/2019 • 35 minutes, 52 seconds
YangBucks | #25
Russ, Levi, and Jacob discuss one of the most popular proposals for a Universal Basic Income. Democrat presidential candidate Andrew Yang's proposed "Freedom Dividend" was recently criticized by the Acton Institute. We provide important commentary on his proposal and Acton's response!
Show notes:
Acton Institute Blog Post
Yang Platform - UBI
Universal Basic Income - Faith and Economics Podcast
Great Stagnation - Tyler Cowen
4/8/2019 • 30 minutes, 58 seconds
Monasticism, Care for the Poor, and Capitalism | #24
We discuss the origins of capitalism in the west. What did early monasteries have to do with it? Were they early entrepreneurs?
Show notes:
How Caring for the Poor Led to the Beginnings of Capitalism
How Progressive is the US Tax Code?
4/1/2019 • 31 minutes, 13 seconds
Inflation and Middle Class Life | #23
We discuss an interesting graph of changes in the cost of products and services over the past few decades. Does the increasing cost of health care and education make a normal, prosperous middle class life more difficult? Does the reduction in cost of other things offset this pernicious effect?
Show notes:
AEI inflation chart
Acton institute blog article
From Mutual Aid to the Welfare State by David Beito
Atlas MD
American Association of Physicians and Surgeons
3/25/2019 • 35 minutes, 22 seconds
Democratic Socialism and AOC |#22
We discuss the notion of Democratic Socialism and its relationship to Christianity. Should Christians embrace Democratic Socialism? Is this political philosophy, advocated by Alexandria Ocasio-Cortex and Bernie Sanders, a coherent way forward?
3/18/2019 • 28 minutes, 44 seconds
Economic Freedom and Happiness | #21
This week we talk with Professor Jeremy Jackson of North Dakota State University about his research on the relationship between economic freedom in the U.S., happiness, and social capital. Are residents of more economically free states happier? Do they form more tight-knit communities?
Show notes:
Professor Jackson's website
Free to be Happy: Economic Freedom and Happiness in US States
Economic Freedom and Social Capital