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 489: Better off a Loan 15.01.2026

In this episode, we explore what it means to grant legal rights and who ultimately bears the cost when governments expand them, starting with Peru’s decision to recognize rights for stingless bees and moving into a broader discussion of negative versus positive rights. We examine labor shortages in skilled trades, the unintended consequences of vacancy taxes, and common misunderstandings about loa...

Episode 488: Iran, Iran So Far Away 13.01.2026

In this episode, we challenge claims about economic stagnation by examining how interest, investing, and long-term saving actually shape wealth and retirement outcomes, including what it takes to reach a million dollars on different income levels. We then turn to public health, discussing the failures of the original food pyramid, the rise of snacking and carbohydrates, and the proper role of gove...

Episode 487: Is It The Economy, Stupid? 08.01.2026

In this episode, we reflect on a rare missed recording and share a series of listener stories that raise broader questions about compassion, responsibility, and civic duty. We examine claims surrounding illegal orders in the military and the role of oaths and institutional accountability before turning to the “foolishness of the week,” including the internet’s ability to amplify extremism and rewa...

Episode 486: Slavery and Capitalism 01.01.2026

In this episode, we discuss public distrust of politicians and the realities behind presidential approval polling before turning to the math of lotteries and why people continue to play despite the odds. We examine Maryland’s proposed reparations commission, including questions of eligibility, funding, legal responsibility, and the practical challenges of tying modern policy to historical injustic...

Episode 485: R.I.P. Heritage Foundation 30.12.2025

In this episode, we examine the realities behind universal health care by looking at Canada’s system, wait times, medical tourism, and cases where patients are denied life-saving treatment. We discuss the rise of weight-loss drugs like Ozempic and Wegovy, the economics behind high drug prices, and why “miracle” medications often create new dependencies and unintended costs. We scrutinize airline i...

Episode 484: Geezer Presidents 25.12.2025

In this episode, we examine what actually counts as a victimless crime and why the term is so often misused, using examples ranging from seatbelt and helmet laws to drugs, prostitution, and software piracy. We discuss how insurance markets price risk more effectively than regulation, and why many so-called crimes are really paperwork violations with no direct victims. We also look at the limits of...

Episode 483: We Love Inequality 23.12.2025

In this episode, we look at what happens when artificial intelligence is put in charge of real-world systems, starting with an experiment in automated pricing and what it reveals about incentives, scarcity, and control. We turn to Denmark’s decision to shut down its national postal service, using it to examine the decline of physical mail, environmental tradeoffs, and why government monopolies str...

Episode 482: The Evolution of Crime 18.12.2025

In this episode, we revisit the debate over restricting social media access for children, responding to listener feedback and examining why parental responsibility alone can’t address the scale of the problem. We discuss proposals for age verification, the risks of digital ID systems, and how privacy and surveillance concerns are often dismissed with the claim that people have “nothing to hide.” W...

Episode 481: California Screamin’ 16.12.2025

In this episode, we discuss the growing role of humanoid robots in everyday life, why new technologies always reach the wealthy first, and how falling costs eventually make innovation accessible to the middle class. We turn to global efforts to restrict social media access for children, examining the real harms platforms create, why enforcement rarely works, and how questions of consent and freedo...

Episode 480: The War on Drugs (Continued) 11.12.2025

In this episode, we look at the story of a young boy who found purpose working for the DC Metro and later became a transportation engineer, and we examine a proposal for the U.S. to screen tourists’ social media accounts before entry, highlighting the logistical and constitutional problems such a system would create. We cover the week’s “foolishness,” including In-N-Out removing order number 67 fr...

Episode 479: The NPCs Among Us 09.12.2025

In this episode, we look at a series of recent arrests tied to online posts, comparing Britain’s policing culture and firearms laws with American norms and examining how “feeling threatened” has become a legal standard. We discuss Alaska’s new AI-driven digital identity system and the fears surrounding automated benefits, digital currency, and government control. We highlight the week’s “foolishne...

Episode 478: No Socials for Sheila 04.12.2025

In this episode, we examine why arts education often maintains higher standards even as liberal arts programs shrink in schools and universities, and what students lose when curriculum narrows to job training. We discuss how platforms like X are adding country-of-origin labels to identify foreign influence and bot activity, and highlight the “foolishness of the week” involving the controversy over...

Episode 477: Your Future Self Hates You 02.12.2025

In this episode, we open with a look at how news coverage distorts public perception of danger, from shark attacks to terrorism, and why our instincts so often fail to match the data. We analyze the betting markets in regards to potential 2028 GOP presidential candidates. We discuss Ohio’s new proposal to offer paternity testing at birth, raising deeper questions about truth, family, and whether t...

Episode 476: Be Thankful 27.11.2025

In this episode, we discuss the fallout from the government shutdown and how delays in federal economic data, including the Consumer Price Index and jobs reports, leave policymakers and the public effectively “driving without headlights.” We examine the broader risks of making monetary decisions without timely information and the political incentives surrounding data transparency. We turn to new r...

Episode 475: American Consensus 25.11.2025

In this episode, we discuss the firing of an FBI trainee over an LGBTQ+ flag and the broader tensions surrounding free speech, impartiality, and government workplaces. We examine conflicting messages from Trump and J.D. Vance about the state of the economy, along with the role tariffs and consumer sentiment play in shaping public perceptions. We highlight the “foolishness of the week,” involving a...

Members: How Politics Matter For Upgrading Civilization - Join CiVL.COM 23.11.2025

Words & Numbers Live is a members only series exclusive to CiVL.com in which Antony and James discuss politics, philosophy, and economics, and invite listeners for a live Q&A session. To participate, subscribe at CiVL.com , where you can see what lectures we have coming up, and access all of our Words & Numbers content. James and Antony take listener questions on politics, philosophy,...

Episode 474: Schoolhouse Farce 20.11.2025

In this episode, we discuss the rising backlash to last week’s comments about Nick Fuentes, the distinction between personal judgment and deplatforming, and the broader question of what ideas belong in public discourse. We explore the failures of remedial education across major universities, the collapsing academic standards that allow students to advance without basic literacy and numeracy, and t...

Episode 473: Blowing Bubbles 18.11.2025

In this episode, we discuss how Meta and its algorithms shape what we see online, why the penny has finally been discontinued, and the legal and economic complications that follow from eliminating small denominations. For the “foolishness of the week,” we highlight a small-town newspaper that was awarded a $3 million settlement stemming from an unlawful raid, and the First Amendment implications i...

Episode 472: Trumptimism 13.11.2025

In this episode, we examine the growing disconnect between education theory and classroom reality, as academic research drifts toward identity themes while teachers confront daily behavioral and practical challenges. We discuss the BBC’s misleading edits of Trump’s January 6 remarks and what the scandal reveals about media trust, then turn to a “foolishness of the week” on claims about podcasting’...

Episode 471: 50 Years a Mortgage Slave 11.11.2025

In this episode, we take a close look at the growing complexity of legislation in the age of artificial intelligence and how longer, denser bills create new incentives for politicians to hide provisions that voters would never spot on their own. We also examine the Trump administration’s new visa rules, including the unexpected decision to classify obesity as grounds for denial, and what this says...

Episode 470: Partisan Death Spiral 06.11.2025

In this episode, we discuss false scarcity and how fear drives bad economic decisions, comparing self-sufficiency with the global benefits of free trade and the trust that arises from voluntary exchange. We examine the economics of water management, from property rights and groundwater to desalination and market incentives for conservation. We also cover corruption in sports betting, political hyp...

Episode 469: An American King? 04.11.2025

In this episode, we discuss vacuum espionage, election polling, voter bias, and the persistence of the “hidden Republican” phenomenon, before turning to the Foolishness of the Week on Barack Obama’s shifting racial politics. We then speak with historian David Beito, author of FDR: A New Political Life, about Franklin D. Roosevelt’s lasting impact on American governance. We examine how FDR reshaped...

Members: Unintended Consequences - Join CiVL.COM 02.11.2025

Words & Numbers Live is a members only series exclusive to CiVL.com in which Antony and James discuss politics, philosophy, and economics, and invite listeners for a live Q&A session. To participate, subscribe at CiVL.com , where you can see what lectures we have coming up, and access all of our Words & Numbers content. Unintended consequences arise when decision makers impose decision...

Episode 468: Shut It Down 30.10.2025

In this episode, we examine how Americans view government power and economic responsibility during another federal shutdown. We discuss growing distrust of federal authority, confusion over who holds real power, and how political brinkmanship creates real-world consequences such as missed paychecks, grounded flights, and suspended food aid. We cover the ethics of welfare and workfare, the balance...

Episode 467: The Sound of Money 28.10.2025

In this episode, we discuss Denmark’s proposal to grant citizens ownership of their face, voice, and likeness to combat AI deepfakes, and the ethical and legal implications of personal identity rights in the digital age. We highlight the “foolishness of the week” involving tariffs and political overreaction to a Canadian ad campaign, and explore the concept of sound money with guest Jp Cortez of t...

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