Skip to content
Sign in
Artwork for Words & Numbers
EducationExplicit

Words & Numbers

Free the People

Words & Numbers is one of the highest-rated economics podcasts in the world. Each episode, Antony Davies and James R. Harrigan dig into economics, political science, and current events to explain what’s actually happening and why it matters.

Play
Open in
  • 24 episodes
  • weekly
  • Avg 53 min
  • English

Episodes 24

NewestOldestLongest
All4Unplayed4In progress0Played0
Counted on this page — what you have heard stays on this device, so it is not something the list can be paged by.
  • April 15 · 53 min

    Episode 502: Us & Them

    It’s not left v right, it’s us v them. 00:00 Introduction and Overview 00:27 AI Lawsuit and the Return of “Technology Panics” 01:04 The “Werther Effect” and Historical Media Fears 04:47 Does AI Cause Harm or Reflect the User? 07:46 Should AI Come With Warnings? 12:05 Hungary Politics and Viktor Orbán’s Defeat 15:29 Foolishness of the Week: Conspiracy Theories and Flat Earthers 18:14 Artemis II and the Persistence of Irrational Beliefs 20:28 Partisanship, Audience Reactions, and Perceived Bias 24:10 Why Both Parties Drift Toward Authoritarianism 28:55 Are Democrats and Republicans Actually Different? 32:37 “Them vs Us”: The Political Illusion 36:24 The Feedback Loop of Polarization 40:35 Debate Culture, Civility, and Online Discourse 43:23 How to Argue Without Attacking People 47:38 Final Thoughts: Be Skeptical, Be Civil, Be Kind Learn more about your ad choices. Visit podcastchoices.com/adchoices

    • Transcript
  • April 8 · 45 min

    Episode 501: Blowing Bubbles

    We return after a brief hiatus to catch up on a whirlwind of recent headlines, from political drama to bizarre claims about aliens, before turning to the Supreme Court’s consideration of birthright citizenship and the broader question of executive power versus congressional authority. We examine how Congress has gradually ceded its responsibilities on issues like tariffs, war powers, and immigration, and what that means for the balance of power in government. We then head to Ireland, where one enterprising citizen used AI to track the true price of a pint of Guinness, before moving to Texas for our Foolishness of the Week, where a congressional race has taken an unusual turn as a candidate campaigns by performing at quinceañeras. Finally, we dive into financial bubbles, exploring how markets price uncertainty, why emerging technologies like AI attract massive investment despite unclear outcomes, and how bubbles function as part of the process of discovering what new innovations are actually worth. 00:00 Introduction: A Month of Chaos 02:43 Supreme Court, Birthright Citizenship, and Trump’s Presence 03:45 Executive Power vs Congressional Authority 06:16 Why Congress Keeps Ceding Its Power 09:09 Can a System This Large Even Function? 10:17 Ireland’s Guinness Price Investigation with AI 13:04 Foolishness of the Week: Texas Campaigning at Quinceañeras 16:04 Redistricting, Demographics, and Political Miscalculations 18:11 Financial Bubbles and Why Economists Ignore Them 19:17 The “Real Economy” vs Financial Markets 22:24 Pricing the Unknown: Cars, Dot-Coms, and AI 24:56 AI Investing, Speculation, and Bubble Pricing 26:53 AI as the Next Internet and Technological Integration 30:53 Amazon, Spillover Innovation, and Unexpected Winners 37:22 Consumer Power, Corporate Fear, and Market Discipline Learn more about your ad choices. Visit podcastchoices.com/adchoices

    • Transcript
  • March 17 · 47 min

    Episode 500: Goodbye & Hello

    We’re not going away, but things are changing a bit. Listen to find out how. Learn more about your ad choices. Visit podcastchoices.com/adchoices

    • Transcript
  • February 19 · 51 min

    Episode 499: Who Should Vote?

    In this episode, we begin with the strange world of high-end audio, from banana wire tests to quarter-million-dollar stereo systems, and ask whether diminishing returns eventually overtake objective performance. We then react to Barack Obama’s comments about aliens before moving to our Foolishness of the Week: Australia’s $40 cigarette packs and the predictable rise of black markets and bootlegging that follows heavy taxation. From there, we turn to election law and voting rights, examining who actually has the constitutional authority to regulate elections, what the SAVE Act proposes regarding proof of citizenship, whether a president can alter voting rules by executive order, and how voter ID laws intersect with legitimacy and public trust. We also discuss gerrymandering, the structural incentives of the two-party system, and a story from a group home that raises deeper questions about civic participation and what it really means to be qualified to vote. 00:00 Introduction and Overview 00:30 Audiophile Cable Myths and the Banana Wire Test 03:54 Quarter-Million Dollar Stereo Systems and Diminishing Returns 06:32 Barack Obama Says Aliens Are Real 10:14 Foolishness of the Week: Australia’s $40 Cigarette Packs 12:26 Black Markets, Bootleggers, and Unintended Consequences 16:55 Who Actually Decides Who Can Vote? 18:39 The Constitutional Framework for Elections 22:31 The SAVE Act and Federal Citizenship Requirements 26:53 Voter ID, Legitimacy, and Political Signaling 31:41 The Real Electoral Problem: The Two-Party Duopoly 34:15 Gerrymandering and the Spoils of Political Victory 38:50 Can Trump Use an Executive Order on Voting? 41:30 Legitimacy, Public Trust, and Election Narratives 44:52 A Story from the Group Home: When Should People Vote? Learn more about your ad choices. Visit podcastchoices.com/adchoices

    • Transcript
Showing 21–24 of 24 episodes