Thu, 5 November 2015
....said Captain Obvious.
Anyone who's tried to dissect the inner workings of an economy can tell you it's confusing. You can read Locke, Smith, Mises, Rothbard, Keynes and still come out just as confused as when you started.
Even those who understand economic theory will admit there are many things we just don't understand. There are flaws with every economic argument.
I believe this is largely due to the psychological and behavioral complexities associated with human decision. If economics is tricky the inner workings of the mind, the conscious and subconscious is even more complex.
Today on the show I talk a little about economics, and the roll behavior plays. I also hand out a dose of reality when it comes to things like business cycle theory.
Then it's on to a discussion about healthcare. Darren had an interesting discussion with his health insurance provider that he shares with everyone. My predictions about health insurance in America could not have been more correct.
Finally, why is it progressives always seem to try and take the moral high ground when it comes to giving. For some reason, they think taking someone else's money and giving it to the poor is charitable.
Well, another hypocritical progressive has been outed. This time, it's MSNBC's own Melissa Harris-Perry.
It's a killer show today. Listen NOW!