[audio mp3="http://www.corbettreport.com/mp3/2019-06-06%20James%20Evan%20Pilato.mp3"][/audio]This week on the New World Next Week: ThemTube continues their purge as more alt media gets demonetized; the 2020 candidates line up to pledge allegiance to Israel; and the minimum wage does its job as small independent businesses close in Emeryville.
[audio mp3="https://www.corbettreport.com/mp3/episode355-lq.mp3"][/audio]There's something strange about the idea of a minimum wage. It's one of those subjects that everyone has a strong opinion about, even if they have no idea what makes actual economic sense. But perhaps the most surprising thing of all is that the minimum wage has a dirty secret that most economists don't want you to know about.
[audio mp3="http://www.corbettreport.com/mp3/2019-03-25%20Jacob%20Vigdor.mp3"][/audio]Jacob Vigdor is Professor of Public Policy and Governance at the Evans School of Public Affairs at the University of Washington, and a Research Associate at the National Bureau of Economic Research. He is also the principal investigator of the Minimum Wage Study at the University of Washington, which is exploring the impact of minimum wage ordinances in Seattle and other cities.
In this penultimate review episode I look at how the education system is a poor place to learn anything, how standardised testing is a form of child abuse, the fundamental problems of electoral politics, and expand on why an intelligence-based approach to societal problems is always better than a military-based ap
[audio mp3="http://www.corbettreport.com/mp3/2018-10-18%20James%20Corbett.mp3"][/audio]James Corbett joins Jim Goddard for his bi-monthly appearance on HoweStreet.com. This time they discuss the IMF's attempts to put the crypto genie back in the central bank bottle; drug money and the banksters; the latest on the trade war; and the strange, sudden interest of the lamestream media in the sins of the Saudis.
During the Cold War the United States fought to defend its political system against the threat of Communism. But times have changed. Does the US now have to defend its republic and its democracy against the threat of a new Gilded Age of oligarchs — and the dangerous consequences of deep income inequality? Vanderbilt law professor and former Senate staffer Ganesh Sitaraman argues that, in a political system like that of the US, which was designed to be class-blind, widening the economic divide can actually bring down the system.
[audio mp3="https://www.corbettreport.com/mp3/episode331-lq.mp3"][/audio]The state of affairs in economics is not just embarrassing, it's downright perplexing. Economics is a science, right? It must follow some ironclad laws of the physical universe then, mustn't it? But somehow we always end up asking the same question: Why Are Economists Always Wrong?
Have you ever agonized over le mot juste for explaining catallactics to your friends? Despaired over a simple explanation of the economic calculation problem? Pulled your hair out trying to get your co-workers to appreciate the miraculous nature of a pencil? Well, worry no more my fellow would-be economic demystifiers! Here is an important economic lesson in one image!
We Are Change Recently, I spoke with author and economic analyst John Sneisen about the alarming rate at which Australian home prices are rising as the real estate bubble proves to be more volatile than ever. Home prices in Australia have risen the most in 7 years as massive market manipulation takes place forcing even the middle class to rent rather than buy homes. The average home values in capital cities surged 12.9% in March alone.
We Are Change Recently, I spoke with author and economic analyst John Sneisen extensively about the fall of the Canadian housing market, most notably in Vancouver and Toronto, Canada. Important facts regarding the coming bubble burst in Vancouver:
[audio mp3="http://www.corbettreport.com/mp3/qfc028-lq.mp3"][/audio]Did you know that Cheney and Obama are eighth cousins? Or that Obama and McCain were 22nd cousins? Or that every US president in history can trace their roots back to British royalty? Is it true, and if so, what does it mean?