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029 Day in a Canoe with Antony Davies: Professor of Economics at Duquesne University

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Manage episode 250371000 series 2285149
Content provided by Nathan Mersereau. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Nathan Mersereau or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In this episode, Nathan and Antony Davies discuss:

  • How to create change from an economic perspective.
  • Sustainable incentives.
  • Debts and government involvement in debt.
  • The motivation behind writing his upcoming book, Cooperation and Coercion

Key Takeaways:

−The fundamentals of economics boils down to two things; all things have a trade-off and all people respond to incentives.

-The money the government spends without increasing the taxes will be taxed to unborn generations who will have to pay that debt despite having a say in this inherited debt.

−It is the government failing to do its job that is causing the short-term incentive problem, including the impact on the environment from companies.

−The biggest myth is that the government owes $23 trillion. The debt is much greater. That $23 trillion is just the federal government.

“The largest problem with the debt is that politicians have figured out a way to tax people who can't vote. And that's effectively what debt is." — Antony Davies

Connect with Antony Davies:

Book: Cooperation and Coercion: How Busybodies Become Busybullies and What that Means for Economics and Politics

Show: Words & Numbers Podcast

YouTube: Antony Davies

Connect with Nathan Mersereau:

Phone: 248-645-1520

Website: www.dayinacanoe.com

Email: [email protected]

Twitter: @NathanMersereau

LinkedIn: Nathan Mersereau

Address: 255 S Old Woodward Avenue, Suite 310 Birmingham, MI 48009

  continue reading

73 episodes

Artwork
iconShare
 
Manage episode 250371000 series 2285149
Content provided by Nathan Mersereau. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Nathan Mersereau or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In this episode, Nathan and Antony Davies discuss:

  • How to create change from an economic perspective.
  • Sustainable incentives.
  • Debts and government involvement in debt.
  • The motivation behind writing his upcoming book, Cooperation and Coercion

Key Takeaways:

−The fundamentals of economics boils down to two things; all things have a trade-off and all people respond to incentives.

-The money the government spends without increasing the taxes will be taxed to unborn generations who will have to pay that debt despite having a say in this inherited debt.

−It is the government failing to do its job that is causing the short-term incentive problem, including the impact on the environment from companies.

−The biggest myth is that the government owes $23 trillion. The debt is much greater. That $23 trillion is just the federal government.

“The largest problem with the debt is that politicians have figured out a way to tax people who can't vote. And that's effectively what debt is." — Antony Davies

Connect with Antony Davies:

Book: Cooperation and Coercion: How Busybodies Become Busybullies and What that Means for Economics and Politics

Show: Words & Numbers Podcast

YouTube: Antony Davies

Connect with Nathan Mersereau:

Phone: 248-645-1520

Website: www.dayinacanoe.com

Email: [email protected]

Twitter: @NathanMersereau

LinkedIn: Nathan Mersereau

Address: 255 S Old Woodward Avenue, Suite 310 Birmingham, MI 48009

  continue reading

73 episodes

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