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FEEcast

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Education
Government
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The Foundation for Economic Education proudly presents our weekly show FEEcast, a lively and intelligent exploration of today’s most interesting stories and issues through the clarifying lens of economic thinking.

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The Foundation for Economic Education proudly presents our weekly show FEEcast, a lively and intelligent exploration of today’s most interesting stories and issues through the clarifying lens of economic thinking.

iTunes Ratings

11 Ratings
Average Ratings
10
1
0
0
0

Keep it up!

By TJCalabro - Mar 19 2019
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Love this show, but I’m very upset they aren’t making more shows

Grant C.

By Grantmert - Oct 19 2018
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Great show. They keep it simple. That’s refreshing.

iTunes Ratings

11 Ratings
Average Ratings
10
1
0
0
0

Keep it up!

By TJCalabro - Mar 19 2019
Read more
Love this show, but I’m very upset they aren’t making more shows

Grant C.

By Grantmert - Oct 19 2018
Read more
Great show. They keep it simple. That’s refreshing.
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FEEcast

Latest release on Dec 14, 2018

The Best Episodes Ranked Using User Listens

Updated by OwlTail 1 day ago

Rank #1: Peace, Love, and Cultural Appropriation

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McDonald’s in North Korea? Chinese dresses in Utah? Are such cross-cultural remixes cause for offense or celebration? Is militarism or trade the best answer to tyranny? Is cultural emulation a form of appropriation or appreciation? These questions and more are considered in this lively discussion with the whole FEEcast gang: Richard Lorenc, Brittany Hunter, Dan Sanchez, and Marianne March.

Show Notes:

May 04 2018

31mins

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Rank #2: Hurricane Economics

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Hurricane Florence was descending upon the US east coast as this FEEcast was recorded. The panel, along with guest Jon Miltimore, FEE.org’s managing editor, discuss the economics of hurricanes. It turns out economic laws still apply during natural disasters. The FEEcasters discuss the “Broken Window Fallacy,” the issue of “price gouging,” and more.

Show Notes:

Hurricanes Have No Silver Lining

Hurricanes Don’t Blow Away Economic Law

How Price Gouging Helped My Family During a Storm

Sep 14 2018

31mins

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Rank #3: Marvel Movie Economics — Avengers: Infinity War and Black Panther

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In this episode, FEEcast has its first guest! We welcome Sean Malone, Director of Media at FEE and creator of the hit YouTube video “What’s Wrong with Wakanda.” Sean and crew discuss what superheroes can teach us about economics, politics, and life itself.

Black Panther’s King T’Challa reigns over a sci fi paradise completely isolated from the rest of the world. But without trade, could a small country rise to prosperity, even if it was rich in a resources as wondrous as the fictional vibranium?

And in Avengers: Infinity War, Thanos wants to solve overpopulation by wiping out half of all life in the universe. Many internet commenters are strangely sympathetic toward the supervillain’s scheme (one writer conceded it was “technically genocide”). But does this betray backward economic reasoning (not to mention some serious ethical problems)?

Explore the economics of the Marvel Cinematic Universe with FEEcast!

Show Notes:

May 11 2018

33mins

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Rank #4: Who Helps Working Americans, Bernie or Bezos?

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Senator Bernie Sanders recently proposed “Stop BEZOS” (Stop Bad Employers by Zeroing Out Subsidies), a tax bill that doesn’t hide its chief target: Jeff Bezos, founder and CEO of Amazon. But would this law help low-income workers or hurt them? Find out on FEEcast!

Show Notes:

Bernie Sanders' Stop BEZOS Campaign Ignores Several Basic Economic Realities

Bernie Sanders’s Tax Bill Would Wreak Havoc on the Working Poor

Are Food Stamps Really Reducing Labor Costs for Amazon?

Sep 28 2018

31mins

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Rank #5: What Teachers Can Do to Raise Their Pay

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Teacher pay has again been a hot button issue this back-to-school season, as unions have protested for raises and received sympathetic coverage from the media. But are school teachers really underpaid? And if so, what can they do about it? The FEEcast crew and special guest TK Coleman discuss the numbers, economics, and ethics of the matter.

Show Notes:

How Media Outlets Misinform the Public about Teacher Pay

https://fee.org/articles/how-media-outlets-misinform-the-public-about-teacher-pay/

No, Teachers Are Not Underpaid

https://fee.org/articles/no-teachers-are-not-underpaid/

Quit Rates Suggest Teachers Are Doing Just Fine

https://fee.org/articles/quit-rates-suggest-teachers-are-doing-just-fine/

Sep 21 2018

30mins

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Rank #6: Sears Was the 20th Century’s Amazon

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After 132 years, Sears is filing for bankruptcy. But it’s not necessarily over for the company which has a surprising and honorable history of disrupting racial hierarchies in the days of Jim Crow. On this episode of the FEEcast, Richard, Anna Jane, and Marianne discuss the company that was truly the Amazon of the 20th century and tackle the question: how likely is it that today's corporate giants will stand the test of time?

Show Notes:

Sears, the store that changed America, declares bankruptcy

How Sears mail-order catalogs undermined Jim Crow racism

Antitrust Myths and the Fall of Sears

Chris Kjorness on How Capitalism Midwifed the Birth of the Blues

Only 53 US Companies Have Been on the Fortune 500 since 1955, Thanks to the Creative Destruction That Fuels Economic Prosperity

Oct 19 2018

33mins

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Rank #7: What We Hear When Taylor and Kanye Get Political

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Taylor Swift recently broke her political silence by endorsing Democratic candidates and dishing out progressive buzzwords. These words were music to some ears and noise to others. Kanye West is rarely silent (as Swift knows from experience), particularly about politics these days. Kanye recently made more waves in his MAGA hat, first on SNL, then on Twitter, where he called for abolishing the 13th amendment. Where some detected a pro-slavery message, others inferred a critique of the prison system. How do our “moral taste buds” (in psychologist Jonathan Haidt’s terminology) shape the way we hear statements from across the political divide? The FEEcasters discuss!

Show Notes:

Why Conservatives Can't Understand Liberals (and Vice Versa)

5 Possible Reasons Incivility and Outrage Are on the Rise

How Facts Get Chosen and Minds Get Changed

Oct 12 2018

32mins

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Rank #8: Halloween Costume Controversies

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From Kendall Jenner to Elizabeth Warren, cultural appropriation is in the news. And coverage of the topic always ramps up as Halloween approaches. Who is allowed to dress up as whom? What should we consider offensive, and how should we respond to offense taken by others? The FEEcast crew, joined by T.K. Coleman, considers these questions, as well as the economics of Halloween costumes and a recent law passed against adult trick-or-treaters.

Show Notes:

Why Halloween Costumes Used to Be Terrible | Richard Lorenc

Don't Vote Like a Halloweener | Lawrence W. Reed

Halloween Has Been Commercialized Too, Thank Goodness | James Walpole

Peace, Love, and Cultural Appropriation | FEEcast

Cultural Appropriation Is Love | TJ Brown

Cultural Appropriation Is Intellectual Property on Stilts | Pierre-Guy Veer

Oct 26 2018

32mins

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Rank #9: Why Did Amazon Raise Its Minimum Wage?

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Jeff Bezos announced that Amazon will raise its minimum wage to $15/hour. This made Bernie Sanders happy, but will it lead to layoffs? And what’s up with Bezos turning around and voicing support for increasing the federal minimum wage? Is all this really about compassion or about using government to squash the competition? Tune in to FEEcast for an in-depth discussion.

*After this recording concluded on Wednesday, news broke that Amazon will discontinue monthly bonuses and stock options for warehouse workers.

Show Notes:

Is Amazon’s Minimum Wage Move a Political Ploy?

https://fee.org/articles/is-amazon-s-minimum-wage-move-a-political-ploy/

The New York Times Explains Why the Minimum Wage Should Be $0.00

https://fee.org/articles/the-new-york-times-explains-why-the-minimum-wage-should-be-000/

Higher Minimum Wages Can Mean Fewer Work Benefits

https://fee.org/articles/higher-minimum-wages-can-mean-fewer-work-benefits/

Amazon's hourly workers lose monthly bonuses and stock awards as minimum wage increases

https://www.cnbc.com/2018/10/03/amazon-hourly-workers-lose-monthly-bonuses-stock-awards.html

Amazon eliminates monthly bonuses and stock grants after minimum wage increase

https://www.theverge.com/2018/10/3/17934194/amazon-minimum-wage-raise-stock-options-bonus-warehouse

Oct 05 2018

29mins

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Rank #10: Libertarians in Cars Getting Tickets

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Georgia recently became a “hands-free” state by banning texting while driving. Many consider this a common-sense policy, but the law of unintended consequences has a way of surprising those who assume that new laws are the way to solve every problem. The FEEcasters discuss this and share some of their own experiences on the road.

Show Notes:

Why a Nationwide Ban on Texting While Driving Is a Bad Idea

Can Safety Regulations Make Us Less Safe?

Want More?

Check out other podcasts and amazing videos at fee.org/shows

Follow us on social media: @feeonline

Sep 07 2018

32mins

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Rank #11: Is College Necessarily a Smart Move?

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CNBC recently reported that Google and Apple, among other big companies, have stopped listing a college degree as a requirement for potential employees. But these checkboxes were always a lot more negotiable than people realize. What do employers really want? What is the value and the cost of a college degree? Is it a good bargain for everybody? Are there better and cheaper ways of getting what college offers? The FEEcasters discuss all this and more.

Show Notes:

“College Degree 'Requirements' Were Never as Real as You Thought” by Derek Magill

“Best Alternative to College: Launch Your Career Now” by Dan Sanchez

“Student Debt is Squashing Startup Growth” by Zak Slayback

Podcast Episode: Words and Numbers: “Is a College Degree Worth the Cost?”

Aug 31 2018

32mins

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Rank #12: Self-Help Vs. Victimhood Politics

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Podcasters like Tim Ferris and Joe Rogan draw millions of listeners who are more interested in self-improvement than identity politics. Are these “podcast bros” (as the New York Times has dubbed them) placing too much emphasis on individualism and not enough on collective injustices? Or are they offering an empowering alternative to debilitating narratives of victimhood? The FEEcasters are joined by guest-host Sean Malone to discuss!

Show Notes:

“The 'Podcast Bros' Are Doing More to Inspire Individuals Than Politics Ever Could” by Brittany Hunter

“Young Minds Are Undermined by Today's Fashionable Philosophies” by Sean Malone

“Clean Your Room, Change the World” by Dan Sanchez

“How Believing in Socialism Can Make You Miserable” by Brittany Hunter and Dan Sanchez

Aug 24 2018

34mins

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Rank #13: The Scooter Revolution Will Be Privatized

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If you live in a major city, you’re probably seeing Bird and Lime electric scooters everywhere. They may look abandoned, but they’re actually ready waiting for any user to pick up and pay to use with a smartphone app. They may look like easy pickings for thieves, but Bird and Lime have adopted various measures that have kept theft and vandalism to a minimum.

These companies have every incentive to innovate and implement ways to secure and maintain their resources, because the scooters are their private property. They fully benefit from such care and fully suffer the costs of any negligence. Compare this to communal/public property, which is so often overused and under-maintained.

In this episode, FEEcast explores the philosophy and economics of private property. Why is it important? Should property rights be “balanced” against other rights? Watch, consider, and comment!

Show Notes:

Sharing Economy 2: Electric Scootaloo

Safety Regulations Could Kill the Scooter Revolution (But They Totally Won't)

Aristotle Understood the Importance of Property

John Locke: Natural Rights to Life, Liberty, and Property

“Stepping Out” by David Sedaris

“Right to Roam” (podcast)

New Challenges to Californians' Beach Access

Aug 17 2018

35mins

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Rank #14: Voting with Your Feet

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California cities have been banning things left and right. Regulations and high taxes have made living in the state an expensive and burdensome proposition. Harried residents have been fleeing to less-oppressive states. By doing so, Americans are “voting with their feet” against oppressive policies and for less-oppressive policies. This “power of exit” is an important curb on government power: not only on the state level but on the national level as well. In this episode, the FEEcasters explore the concept of “jurisdictional competition.”

Show Notes:

San Francisco's Protectionist Attempt to Ban Company Cafeterias

Why California Cities Are Becoming Unlivable

Americans Are “Voting with their Feet” against High-Tax States Like California

Americans Are Voting with Their Feet for Economic Freedom

Europe Rose Because of Jurisdictional Competition

Jurisdictional Competition Made Europe Rich

Aug 10 2018

33mins

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Rank #15: Environmentalists Are Grasping at Straws

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Drinking straws are being banned and phased out by cities and corporations under pressure from environmental activists. Is this moral progress or just a moral panic? What is the psychology behind such campaigns? And what are the economics of their consequences? The FEEcasters have a freewheeling discussion on the matter.

Show Notes:

Article: How are 10 Cent Grocery Bags Creating a Surplus?

Podcast: 'There Ought to Be a Law’: What that Phrase Actually Means

Aug 03 2018

33mins

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