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    Education

    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.

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    Copyright: © Creative Commons

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    Latest Episodes:
    Episode 102: “Diversity” Doesn’t Mean What You Think It Means Jan 23, 2019
    Show notes

    The word “diversity” has become a sticky one. In the last fifteen years, a genuine “diversity industry” has sprung up, particularly at colleges and universities in the United States. Higher education institutions across the country have entire departments with dozens of full-time, highly-paid staff members dedicated to the concept. But to what effect? And exactly what kinds of “diversity” are we talking about? Special guest (and regular FEE contributing author) Mark J. Perry joins Antony Davies and James Harrigan to drill down into this and more on this week’s episode of Words and Numbers.

    Quick hits

    Oregon first state to require home visits of all families with newborns

    Oregon looks to impose statewide rent control

    Article II, Section 3

    Nancy Pelosi

    Foolishness of the week

    Ginia Bellefante

    $33 minimum wage

    City Harvest self-sufficiency calculator

    Topic of the week: Diversity Officers and Administrative Bloat in Higher Education

    Mark Perry

    The impact of diversity officers on diversity

    University of Michigan spends $11 million on diversity

    Fraction of 18-24 year olds enrolled in college (by race and gender)

    Carpe Diem blog

    Mark Perry on Twitter

    Join the conversation

    Antony Davies on Twitter

    James R. Harrigan on Twitter

    Antony Davies on Minds.com

    James R. Harrigan on Minds.com

    Words & Numbers Backstage

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    Episode 101: Fear Fuels Faulty Reasoning Regarding Rifles Jan 16, 2019
    Show notes

    Americans are pretty concerned about violent crime—particularly crimes committed with guns, “assault weapons” most specifically. This concern, statistically speaking, is fairly irrational. You are far more likely to be killed by being beaten or stabbed than you are to be killed by any kind of rifle, “assault” or otherwise. So why are so many people so tied up in knots about it? Join James Harrigan and Antony Davies as they discuss this and more on this week’s episode of Words and Numbers.

    Quick hits

    Corona brewing replaces plastic six-pack rings

    Illegal immigrants and Social Security numbers

    The economic case for immigration

    W&N episode #51: America relies on immigrants

    Foolishness of the week

    Being morally right vs being factually correct

    Criticism vs harassment

    Topic of the week: Reality and Perception of Crime

    Pew report on violent crime data

    FBI crime data

    Bureau of Justice Statistics crime data

    Gallup polls on perception of crime trends

    Defensive uses of guns

    Firearm homicide and suicide rates by city

    2% of US counties account for 50% of US homicides

    Feinstein introduces assault weapons ban

    Assault weapons ban of 1994

    Article I, Section 8

    10th Amendment


    Join the conversation

    Antony Davies on Twitter

    James R. Harrigan on Twitter

    Antony Davies on Minds.com

    James R. Harrigan on Minds.com

    Words & Numbers Backstage

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    Episode 100: The Good Old Days Weren’t All That Good Jan 09, 2019
    Show notes

    People like to talk about the “good old days” where everything used to be so much better than it is today. Everybody feels nostalgic on occasion, and it’s perfectly normal to misremember the past, but were the good old days really all that great? Join Antony Davies and James Harrigan as they compare then and now on the 100th episode of Words and Numbers.

    Quick Hits:Cat parasiteElizabeth Warren

    Foolishness of the Week: NY Times crossword

    Topic of the week: Comparing Life Today to Life 100 Years Ago

    See the accompanying chart for data and data sources.


    Join the Conversation:Antony Davies on TwitterJames R. Harrigan on Twitter Antony Davies on Minds.com James R. Harrigan on Minds.com Words & Numbers Backstage

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    Episode 99: Buying Kidneys with an Ethics Professor Jan 02, 2019
    Show notes

    Happy 2019, everyone!

    On our first episode of Words & Numbers in the new year, professor James Stacey Taylor joins Antony and James this week to discuss the ethical implications of creating markets for human organs.

    According to Prof. Taylor, nearly 18 people a day die from a shortage of kidney donors. Economists have argued for decades that these kinds of markets could save lives by creating better incentives for people to donate their organs to people in dire need, but critics say that it would encourage poorer people to put their health at risk for money.

    Who's right?

    Quick Hits:

    University of Missouri says tall men asking short women on dates is policy violationUniversity of Missouri and Title IX (court transcript)No one wants to buy Sears

    Foolishness of the Week:

    Union dues eat worker’s entire paycheck

    Topic of the week: Organ Markets

    James Stacey Taylor People in need of kidney donors

    Join the Conversation:

    Antony Davies on Twitter James R. Harrigan on TwitterAntony Davies on Minds.comJames R. Harrigan on Minds.comWords & Numbers Backstage

    www.fee.org/shows

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    Episode 98: Trump, Adams, and Sedition Dec 26, 2018
    Show notes

    Within less than a decade of ratification of the Bill of Rights, President John Adams signed the Sedition Act, which blatantly violated the First Amendment’s protections of freedom of speech and freedom of the press. Since that time, the Supreme Court has repeatedly taken a firm stand in defense of the First Amendment against government encroachment. Yet, within the past couple of years, we’ve heard Congressional Democrats and now a Republican President call for restrictions of both the press and speech that is critical of the government. The freedom to criticize government is the last tool available to peaceful people who seek change. A government that prohibits critical speech, leaves its people with no option but to take up arms. Join James Harrigan and Antony Davies as they discuss this and more on this week’s episode of Words and Numbers.

    Show Notes:

    Corona brewing replaces plastic six-pack rings

    Iowa high schools require gun safety courses

    Foolishness of the week

    TSA switching to floppy eared dogs

    Topic of the week: The Alien and Sedition Acts

    Congressional party results

    The enemy of the people

    Sedition Act 1

    Sedition Act 2

    Sedition Act 3

    Sedition Act 4

    Join the conversation

    Antony Davies on Twitter

    James R. Harrigan on Twitter

    Antony Davies on Minds.com James R. Harrigan on Minds.com Words & Numbers Backstage

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    Episode 97: Americans Are Remarkably Charitable Dec 19, 2018
    Show notes

    Americans have the distinct reputation of being incredibly selfish. All things considered, it’s not exactly unearned. That said, every year, Americans also quietly give a rather astonishingly large amount of money to charities, particularly during the holiday season. Over $400 billion, in fact, 75 percent of which was for those less fortunate. And that’s simply the cash and goods. Beyond that, 60 million Americans each donated an average of 120 hours of their time to charities. This is, incidentally, more than the federal government spends on all of its welfare programs combined. What does this actually mean? Join James Harrigan and Antony Davies as they discuss this and more on this week’s episode of Words and Numbers.

    Show Notes:

    Penguins fan gets a kidney

    South African politician calls on people to kill whites

    Foolishness of the Week

    Nurse denied life insurance

    Topic of the Week: Giving

    Giving Tuesday

    Statistics of US generosity

    Arthur Brooks: Who Really Cares?

    Join the Conversation

    Antony Davies on Twitter

    James R. Harrigan on Twitter

    Antony Davies on Minds.com

    James R. Harrigan on Minds.com

    Words & Numbers Backstage

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    Episode 96: What Is Money, Anyway? Dec 12, 2018
    Show notes

    Money is one of those things that is so ubiquitous, so completely taken for granted, that we rarely stop to think about what it actually is. The colored bits of paper that we call dollars don’t have any particular worth on their own, yet we use them as though they do. John Locke, in 1689 when he wrote his Second Treatise of Government, touched on it, hinting at the three qualities money possesses. But what are those three things? What happens when one or more of those three attributes is abandoned? And how does the government fit into all of this? Join James Harrigan and Antony Davies as they examine this and more on this week’s episode of Words and Numbers.

    Show Notes:

    Payless Shoes’s social experiment

    Japan 1

    Japan 2

    Foolishness of the Week

    Instructions for making toast

    Topic of the Week: What is money?

    Money

    Join the Conversation

    Antony Davies on Twitter

    James R. Harrigan on Twitter

    Antony Davies on Minds.com

    James R. Harrigan on Minds.com

    Words & Numbers Backstage

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    Episode 95: Why No One Can “Steal” a Job Dec 05, 2018
    Show notes

    We hear a lot about jobs, these days. We have monthly government jobs reports. Our politicians talk about job creation. Some people fear others will “take our jobs!” But what is a job? Is it the prize of some sort of economic vending machine where you have a few inputs, press a few buttons, and out comes a shiny new job? Is it an empty space at a company that needs to be filled? Or is it something else altogether? Join Antony Davies and James Harrigan as they talk about this and more on this week’s episode of Words and Numbers.

    Show Notes:

    Fed signals that interest rates won’t rise much further

    North Carolina voter fraud

    Foolishness of the Week

    Oakland University

    Hockey pucks

    Michigan state gun law

    Topic of the Week: Jobs

    Employment statistics

    Join the Conversation

    Antony Davies on Twitter

    James R. Harrigan on Twitter

    Antony Davies on Minds.com

    James R. Harrigan on Minds.com

    Words & Numbers Backstage

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    Episode 94: Facebook Is Awful, but What’s the Alternative? Nov 28, 2018
    Show notes

    It’s no secret that social media is in a bit of a shambles. The big players like Facebook, Twitter, and YouTube are purging accounts, censoring content, and mining data. Many users are very unhappy with them. But what alternatives do we have? Maybe more than you think. Join James Harrigan and Antony Davies along with Minds.com founder Bill Ottman as they talk about social media alternatives and more on this week’s episode of Words and Numbers.

    Show Notes:

    Small business Saturday

    Dimming the sun

    We’re all related

    Foolishness of the Week

    Florida gun buyback

    Topic of the Week: An Alternative to Facebook

    Minds.com

    Join the Conversation

    Antony Davies on Twitter

    James R. Harrigan on Twitter

    Antony Davies on Minds.com

    James R. Harrigan on Minds.com

    Words & Numbers Backstage

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    Episode 93: Focus on the Principles, Not the Outcomes Nov 21, 2018
    Show notes

    There was once a time when politicians were civil to each other. Neighbors and friends who disagreed politically remained neighborly and friendly to each other. Opponents were graceful in defeat and generous in victory. But somewhere along the line, we lost that. These days, it seems that all there is is vitriol and hate. That is what happens when an electorate focuses solely on the outcomes that they want instead of the principles they believe in. What are these principles and why do they matter? Join Antony Davies and James Harrigan as they discuss this and more on this week’s episode of Words and Numbers.

    Show Notes:

    Eye drops to correct vision

    Foolishness of the Week

    Rejecting the measles vaccine

    Topic of the Week: Principles

    Why libertarians start at first principles

    The roots of political polarization

    Ford-Carter presidential debate

    Join the Conversation

    Antony Davies on Twitter

    James R. Harrigan on Twitter

    Words & Numbers Backstage

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