Free the People

Words & Numbers

Words & Numbers is one of the highest-rated economics podcasts in the world. Each episode, Antony Davies and James R. Harrigan dig into economics, political science, and current events to explain what’s actually happening and why it matters.

Author

Free the People

Category

Education

Podcast website

wordsandnumbers.org

Latest episode

Jul 9, 2026

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Episodes

Episode 244: The Nature of Exchange, pt. 2 13.10.2021

Money is an excellent tool for facilitating exchange. It solves problems like how to save while avoiding spoilage and how to exchange with people who don’t want what you’re offering. But we’ve come to rely so heavily on money that we’ve forgotten what exchange really is. In this first of two episodes, we discuss the nature of exchange.   Get Your Copy of Cooperation and Coercion Now! http://www.co...

Episode 243: The Nature of Exchange, pt. 1 06.10.2021

Money is an excellent tool for facilitating exchange. It solves problems like how to save while avoiding spoilage and how to exchange with people who don’t want what you’re offering. But we’ve come to rely so heavily on money that we’ve forgotten what exchange really is. In this first of two episodes, we discuss the nature of exchange.   Get Your Copy of Cooperation and Coercion Now! http://www.co...

Episode 242: What About Unions? 29.09.2021

People who are pro-market often complain about unions. But unions are associations of people, just as corporations are associations of people. If it is people’s right to form one, then it is also their right to form the other. But, as it is bad for government to protect corporations from competition, so too is it bad for government to protect unions from competition. In this episode, we take a loo...

Episode 241: The Death Tax for the Rest of Us 22.09.2021

As politicians run out of revenue sources, they increasingly turn their attention from the rich to the middle class. Congress is considering a tax plan that effectively imposes a death tax on the middle class. Interestingly, politicians are calling it "a capital gains tax." Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com Show Your Support for Words & Number...

Episode 240: Potluck #1 15.09.2021

This episode is a potluck. There's no specific topic, we're just discussing things in the news that caught our interests. Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Quick Hits https://www.cnbc.com/2021/09/13/top-earning-new-yorkers-could-face-61point2percent-combin...

Episode 239: Who Ultimately Pays a Tax? 08.09.2021

In an interesting twist of economics, it turns out that governments have no control over who ultimately pays a tax. Politicians can say they’re taxing consumers or taxing producers or taxing anyone else, but the market decides who ultimately pays the tax. And there’s nothing politicians can do to stop it.   Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com Show Y...

Episode 238: Term Limits Revisited 01.09.2021

Commonwealth Foundation Vice-President Nathan Benefield disagreed with our take on term limits from a couple of episodes ago. So we invited him to give arguments in favor.   Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Quick Hits https://fred.stlouisfed.org/series/CP...

Episode 237: Can the CDC Mandate Moratoriums? 25.08.2021

The CDC has mandated a moratorium on evictions. Under the CDC’s rules, landlords may not evict renters who haven’t paid their rent. But it is unclear that even Congress would have the constitutional authority to issue such a mandate. How then can the CDC do so? Clark Neily joins us to discuss this interesting question.   Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoerc...

Episode 236: Errors We Repeat in Politics, Pt. 2 18.08.2021

We all have a tendency to repeat things we hear. But when many people start repeating the same thing, we come to believe that the thing must be true. Unfortunately, this happens a lot when it comes to politics and government. This is the first of a two-part episode in which we discuss incorrect things that people tend to think are correct simply because they get repeated.   Get Your Copy of Cooper...

Episode 235: Errors We Repeat in Politics, Pt. 1 11.08.2021

We all have a tendency to repeat things we hear. But when many people start repeating the same thing, we come to believe that the thing must be true. Unfortunately, this happens a lot when it comes to politics and government. This is the first of a two-part episode in which we discuss incorrect things that people tend to think are correct simply because they get repeated. Get Your Copy of Cooperat...

Episode 234: Errors We Repeat in Economics 04.08.2021

We all have a tendency to repeat things we hear. But when many people start repeating the same thing, we come to believe that the thing must be true. Unfortunately, this happens a lot when it comes to economics and public policy. This week, we discuss incorrect things that people tend to think are correct simply because they get repeated.   Get Your Copy of Cooperation and Coercion Now! http://www...

Episode 233: Disincentivizing Taxes 28.07.2021

If there’s a single core principle in economics, it’s that people respond to incentives. Whether governments intend to, imposing taxes on people causes those people to change their behaviors. Consequently, governments end up collecting less tax revenue than they anticipated and often cause people to waste their time and money attempting to avoid those taxes. Get Your Copy of Cooperation and Coerci...

Episode 232: A Constitutional Shift 21.07.2021

Over the past century and a half, the federal government has quietly morphed from a government based on a constitution to a government based on a constitutional tradition. As it has done so, the Supreme Court has come to replace the Constitution as the limiting force on government. As the Supreme Court is, itself, part of the federal government, this transformation has fueled a runaway government...

Episode 231: The Misinformation on Inflation 14.07.2021

Consumer prices have been rising more than usual since February. James and Ant discuss the nature of inflation, what causes it, and when it is and isn’t a bad thing. Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Quick Hits https://democracyjournal.org/arguments/ranked...

Episode 230: The Words and Numbers Trio Pt. 2 07.07.2021

Clark Neily, Rob McDonald, and Howard Baetjer join us for the second part of a free-wheeling conversation on government, history, and economics. Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Quick Hits https://ourworldindata.org/co2-emissions https://www.epa.gov/ghgem...

Episode 229: A Deeper Look into Thomas Jefferson 30.06.2021

Historian Rob McDonald joins us to answer the questions, how is it that Thomas Jefferson came to be a slave owner and what could he have done to free his slaves. The answer, it turns out, is much more complicated than people tend to appreciate. Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com Show Your Support for Words & Numbers at Patreon https://www.patre...

Episode 228: The Words and Numbers Trio Pt. 1 23.06.2021

Clark Neily, Rob McDonald, and Howard Baetjer join us for the first of a multi-part free-wheeling conversation on government, history, and economics. Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Quick Hits https://www.washingtonpost.com/national-security/aumf-repeal-...

Episode 227: Outside of the Accredited Circle 16.06.2021

Bob Luddy, founder of Thales College joins us this week to talk about a revolutionary model for higher education that attempts to break the guild system that is holding back innovation. Thales College is refusing to pursue accreditation and will not accept federal funding. This will both keep it out from under the regulatory thumbs of both the government and the existing higher education system. G...

Episode 226: Introducing a Little Anarchy 09.06.2021

Philosopher Michael Huemer joins us this week to talk about anarchy, chaos, and the fact that the government has a monopoly on power. Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Quick Hits https://www.businessinsider.com/biotech-startup-trying-to-stop-rhino-poaching...

Episode 225: Shooting for Success 02.06.2021

Nav Bhatia, the first fan to be inducted into the basketball Hall of Fame, joins us this week to talk about his passion for basketball, life, and entrepreneurship. Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Quick Hits https://www.councilforeconed.org/2021/05/25/mou...

Episode 224: Charlie Brown’s America 26.05.2021

Blake Scott Ball joins us to discuss his book on Charles Schulz and the political narrative in the Peanuts comic that managed to attract both liberals and conservatives. Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Quick Hits https://www.oddee.com/psychedelic-fungus-...

Episode 223: More Than a Pipe Dream 19.05.2021

Sykes Wilford, founder and CEO of smokingpipes.com joins us this week to discuss his experience as a successful entrepreneur in an industry that has shrunk by 98 percent and that the government has targeted for eventual obliteration. Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com Show Your Support for Words & Numbers at Patreon https://www.patreon.com/word...

Episode 222: Going Public 12.05.2021

Vann Prime, an award-winning public school teacher from (in his words) a standard public school - not rich, not poor, not magnet or charter - joins us to talk about good things happening at his public school and how we might improve public schools in general. Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com Show Your Support for Words & Numbers at Patreon ht...

Episode 221: Higher Education’s Cost of Freedom 05.05.2021

Nicole Neily, President of Speech First joins us this week to discuss free speech on college campuses. A growing number of colleges have been restricting speech, both of students and faculty. In defining undesirable speech overly broadly, a chill has been growing in higher education wherein students, faculty, and even administrators are censoring their own speech rather than risk running afoul of...

Episode 220: Gaining and Giving 28.04.2021

Philanthropist, lawyer, entrepreneur, musician, and armchair philosopher John LeFebvre joins us this week to discuss philanthropy, run-ins with the law, and how the world is becoming a better place. Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Quick Hits https://www....

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