087: De-Globalization: Industrials, Infr...

In a de-globalized world, no country wants to be at the mercy of someone else for oil, gas, or the minerals that go into batteries and chips. Int his episode we’re going to have a nice long conversation about why energy independence is core to de-globalization, how policies like ... Show More

In this episode we cover everything before the twentieth century - roughly four thousand years of experimentation, from the first scratched forward contracts on Mesopotamian clay all the way to the global telegraph-linked bourses of the late 1890s. No computers. No Bloomberg term ... Show More

Today we will focus on semiconductors. These tiny pieces of silicon are literally the brains of everything—phones, cars, AI data centers, weapons systems—and in 2025, they’ve become a national security obsession.Governments are throwing hundreds of billions at bringing production ... Show More

In his latest memo, Howard Marks discusses the implications of governmental intervention in economies. Considering examples such as rent control, fire insurance, and tariffs, he emphasizes that while free markets don’t produce perfect solutions, efforts to control them often make ... Show More

The classical economic assumption, from the days of Adam Smith, is that we all have free will and this freedom ensures the best possible outcomes for the economy, provided those decisions are based on greed and self-interest. This week’s episode opens with a student questioning M ... Show More

Father of free market economics, Adam Smith was one of many great philosophers of the 18th century Enlightenment period. His philosophies helped change the economy, putting an end to the long-standing feudal system. But outside of his well-known works, such as The Wealth of Natio ... Show More

<p>After the 2008 financial crisis, and especially after the COVID pandemic of 2020, an increasing number of Americans are questioning the wisdom of unregulated markets and envisioning a more active role for the state. Scholars have coined a panoply of neologisms to capture this ... Show More

Peter Schiff discusses Thanksgiving's capitalist roots, the Pilgrims' failed socialism, tariffs' economic impact, and recent market trends.Cut your wireless bill to $15/month at http://mintmobile.com/gold.Visit http://indeed.com/peter to start hiring now.Peter Schiff's Thanksgivi ... Show More

The great theories of economics seem to have great explanatory power, but the actual world is often far too complicated and messy to fully test them out. Professor Ignacio Palacios-Huerta, an economist at the London School of Economics has an answer – sport. In the contained sett ... Show More

Soumaya Keynes of The Economist and PIIE Senior Fellow Chad P. Bown discuss the economics of trade policy. This week they focus on three big fights in the North American Free Trade Agreement (NAFTA) renegotiations,...