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The 3WHH crew is down a glass this week because John Yoo is down with a bug and unable to join us—or was he afraid of subjecting himself to Lucretia, host for this week's episode? With fear, trembling, and trepidation Steve braved the peril with all the aplomb of the Black Knight in Monty Python, and yet by the end of this episode still had all four limbs attached! Lucretia's fancy whisky must have mellowed her, as this surprisingly convivial episode found remarkable harmony about the defects of the Democrat-media complex, and why it is just as debilitating to Democrats' fortunes as the state of California is. Also, was Obama overrated, underrated, or just lucky?
There was some divergence about tariffs, and we bet listeners can guess about how this split played out. And if you can't guess, then there's only one way to end the suspense.
Discussion (10)
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Yes Steve, you and John got off easy. It was we lurking economists who bore the brunt of the criticism.
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I have been excited about the things DOGE has been uncovering, and -- I hope this doesn't get me in trouble with Lucretia -- I am also becoming concerned about how often we never hear anything beyond the big pronouncement. For example, Elon said on Monday that there would an arrest "tomorrow" of someone who ripped off 400,000 Social Security numbers. Today is Saturday. Where's the arrest? Have we seen the brief, simple survey that someone supposedly got paid millions to conduct under Biden? Have we seen proof that 1400 IRS workers did nothing but hand out phones and laptops? It just seems we're hearing a lot but not seeing much. As Reagan always said, "Доверяй, но проверяй" ("Trust but verify").
Perhaps these things have come out and I just missed them, in which case I will happily stand corrected.
PODCAST ORGANIZATION
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Yes, I utterly failed to mount an effective defense of economics from Lucretia's totally irresponsible attack on the discipline.
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It’s often said that Economics suffers from Physics envy. There are those who say that Political Science suffers from Economics envy.
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Yes, besides Adam Smith, Frederic Bastiat, Ludwig von Mises, nearer to home there was Milton Friedman, and Walter Williams, and still is the admirable, brilliant Thomas Sowell.
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