Bryan Caplan’s new book The Case Against Education, argues against the common arguments the value of school and college. Most people would consider his view pretty radical. He recommends massive cuts to education spending and that many people should not go to college. In this episode of the podcast, I argue that he doesn’t go far enough.
How Bryan got started thinking and writing about education
Degrees as a signal
Arguments about the quality of education
Parents the motivation for college
Do employers really want conformity?
Working for free as a signal
Even though it’s just a signal, should you still go to college?
Ryan X Charles is the co-founder and CEO of Yours.org, a social media platform that uses cryptocurrency micropayments to incentive creators and support better content.
Ryan has a fascinating backstory of leaving academia and diving headfirst into Cryptocurrency. In this episode, Isaac and Ryan talk about that backstory, his time at Reddit, the origin story of Yours, and how Yours is helping to improve content on the internet.
What the X means in Ryan X Charles
What got Ryan interested in Bitcoin
Deciding to go full-time into Bitcoin in 2013
The idea for Yours.org
The problems with micro-payments
Working on payment channels for Yours
Changing the infrastructure from Bitcoin to Litecoin to Bitcoin Cash
How the payments work on Yours.org
The different ways of creating value on social media
How economics helps create better content on the internet
Tom W. Bell is a lawyer, author, and professor focused on the future of legal systems and government. Whether it is Seasteading, double democracy, or special economic zones, Tom is at the cutting edge for ideas about the future of government.
In this episode, we dive deep into his new book “Your Next Government? From the Nation State to Stateless Nations” and the evolution of government through history and into the future.
How the nation-state took over governance
The trend over the past century towards more centralized government and then recently to more decentralized governance
Different forms of governance
Special economic zones and foreign trade zones
The potential for special economic zones in the U.S.
Is there too much democracy, or not enough?
How 100% ownership makes cities better
Governments as a computer operating system
Gold swans and why we should be optimistic about the future of government
Robin Hanson is a professor of economics at George Mason University. He is the author of The Age of Em and co-author of the new book The Elephant in the Brain: Hidden Motives in Everyday Life which is a facilitating look into the real reasons that motivate people and society.
In this episode, Isaac and Robin dive into some of the ideas from Elephant in the Brain and unravel the reasons why people continue to do things that don’t seem to work or help them achieve their stated goals.
Robin’s new book, The Elephant in the Brain
The reasons for vague language
The lack of correlation between medicine and health
Thaddeus Russell is the author of Renegade History of the United States, founder of Renegade University, host of the Unregistered Podcast, and an intellectual entrepreneur.
In this episode, Thaddeus and I dive into World War Two. The reasons why the US joined the war, why Franklin Roosevelt wanted war with Japan and Nazi Germany, what stopped Jewish immigrants from leaving Europe, and more.
The reasons people believe the US entered WW2
FDR and the war in the Pacific
Roosevelt’s desire for war with Japan
Jewish immigration to the United States
Trust in the media
Self-censorship in the media before and during WW2
The argument for going to war with Nazi Germany in 1942
Why Roosevelt wanted to go to war with Nazi Germany
Germany post WW1
Autarky in Nazi Germany and Japan
The US controlling international trade
US refusal of Jewish Immigrants before and during WW2
Dave Lukas is the Vice President and CSO of Grasp Technologies and the host of the Misfit Entrepreneur podcast. Dave grew up in an entrepreneurial family, and from a young age he was creating small businesses and finding opportunities to create businesses. That entrepreneurial spark has stuck with him as he built a great career and now a thriving company.
On the Misfit Entrepreneur Podcast, Dave interviews top entrepreneurs and explores their non-traditional methods for achieving success.
In this episode, Isaac and Dave follow along with Dave’s entrepreneurial journey from selling flags on Independence day as a five-year-old to selling Cutco Knives in college to becoming VP and CSO of Grasp Technologies.
If you’re young and interested in starting a business there is a ton to learn from Dave’s story.
Dave’s entrepreneurial start as a five-year-old
Does having kids change the way you see the world as an entrepreneur?
Selling Cutco knives
Going to work for a Fortune 500 business
The value of working sales for an aspiring entrepreneur
Peter Leeson is a professor of economics and law at George Mason University, known for his work applying rational choice theory to unusual rituals and superstitions, piracy, and anarchy.
His most recent book WTF?! an Economic Tour of the Weird, dives into some of the strangest rituals and events around the world and explains them using rational choice theory.
In the face of the mainstream popularity of behavioral economics claiming humans are irrational, Peter looks at some of the bizarre, weird, unexplainable, and crazy parts of societies around the world and uses clear economic thinking to explain the logic and rationality behind them.
In this episode, Isaac and Peter dive into some weird examples covered in the book and then some frustrating and confusing behavior from the world around us like the price of razors, or why people speed up when you go to pass them on the highway.
This week, on the first episode of Office Hours, TK and I tackle questions about an ambitious young person that feels stuck in college, an entrepreneur who doesn’t know how to pitch her business, and a successful professional who feels bored with life.
On this episode, I’m joined by my brother Levi Morehouse, the CEO of Ceterus. Levi is fantastic at cutting down to the crucial aspects of accounting and in this episode, we dive into the most important numbers and accounting concepts you need to know as an entrepreneur, freelancer, or small business owner.
One of the resources Levi recommends for new entrepreneurs is Quickbooks. Because he feels passionately about small business entrepreneurship, Levi is offering to help entrepreneurs set up their QuickBooks Online accounts – free of charge. Click here to request for a member of Ceterus’ team to walk you through setting up your account.
In this episode:
Update on Ceterus’ growth
Accounting for non-numbers people
How to track personal finances
Holistically looking at expenses
Basic accounting for small business
The most important numbers for any business
Accounting basics for new freelancers and self-employed
Robert Murphy is a professor of economics at the Free Market Institute at Texas Tech University, co-host of Contra-Krugman with Tom Woods, and author of many great books on economics including The Politically Incorrect Guide to Capitalism.
This is a wide-ranging conversation that goes from what sparked Bob’s intellectual in free-market economics, to starting the Contra-Krugman Podcast, to a deep dive into Economics and specifically Austrian Business Cycle Theory.
In This Episode:
What sparked Robert’s interests in free market economics?
Writing The Politically Incorrect Guide to Capitalism.
The back story behind the Contra-Krugman podcast.
Overviewing the different schools of economics.
Austrian Business Cycle Theory
Would a perfectly free economy be stable?
Why do waves of bankruptcies all line up together?
The difference between what the Austrian School says and the Efficient Market Hypothesis
Is it harder for the Fed to manipulate the economy now?
From an Austrian perspective, what is concerning with the economy today?
Staying positive when you know that there will be large negative consequences to monetary policy.
This is the second part of an in-depth conversation with TK about his career path.
We finished the last episode with TK moving to LA to pursue acting. Part two starts with the story of launching an entertainment start-up before continuing all the way to working as the education director for Praxis.
TK’s roundabout career path shows the importance of focusing on doing well in whatever work you are doing. It is almost impossible to know what opportunities will come your way in the future. The job you will want in ten years most likely doesn’t exist yet. You don’t have to have an elaborate plan to build a great career, as long as you show up and do good work it will serve you in the long term and help you attract great opportunities.
In this episode:
What did TK want to do for a career as a kid?
Joining the founding team of an entertainment tech startup
Going out to raise funding around the time of the financial crisis
TK has been on the show many times, but in all of our conversations, we have never taken a deep dive into his career path.
TK’s taken a fascinating path and worked as a bartender, server, financial planner, seminar leader, startup founder, assistant philosophy professor and many other roles before becoming Education Director for Praxis.
In today’s episode, we start with the first part of his career journey from childhood career aspirations, to college, and then making the move to LA.
In this episode:
What did TK want to do for a career as a kid?
Falling in love with theater
Deciding to become a financial advisor
Feeling a calling to leave Michigan to pursue acting
Confusing family and friends with career choices
Leaving a job in the philosophy department at WMU to try out for American Idol
Learning that failure in real life isn’t nearly as bad as failure in theory