Episódios

  • On this "crossover" episode, Adam and economist Bob Murphy talk about the Wuhan lab leak theory for Covid, Fauci's pardon, time travelling infant assassins, and other morality conundrums. Enjoy!

    00:00 — Intro. Ross is free! Also, Adam and Bob solemnly swear to do no research for this episode.

    02:28 — Well whaddaya know? Looks like there's some credence to the Wuhan lab leak theory!

    14:09 — What's up with pardoning Fauci? Is that "good" in any way? Also, what does the last 4 years imply about how "real" history is? Is the official narrative ever right?

    22:24 — Time travel and murdering baby Hitler. Would you do it? Also, other ethical puzzles. Along the way, Darryl Cooper's Martyrmade podcast is highly praised.

    45:37 — Outro. Baaaahhh!

    Martyrmade podcast mentioned - Fear and Loathing in the New Jerusalem:

    Adam on X: @Rerazer

    Bob on X: @BobMurphyEcon

    The Bob Murphy Show:

    The Human Action podcast:

    Adam's other podcast: Natural Order Podcast



    This is a public episode. If you’d like to discuss this with other subscribers or get access to bonus episodes, visit hamannature.substack.com/subscribe
  • Trump has said he would do some big things, and he followed through on some big things. One of his "promises" was to cap consumer credit card interest rates at 10%. That's complete lunacy, and Adam and Tyrone are here to tell you why. Enjoy!

    00:00 — Intro. Is Trump now "to the left" of Bernie Sanders and Alexandria Ocasio-Cortez?

    02:20 — Is this idea going to go anywhere? Should it? An examination of the Commerce and the Necessary and Proper clauses of the US Constitution. Should the Constitution have hyperlinks?

    08:59 — What the Wickard v Filmore case shows about human irrationality. This is how and why lawyers and judges torture the plain language of legislation to distort the law.

    12:47 — What are the obvious economic repercussions of such a law? What is "interest"? What is it's purpose in an economy? What happens when you don't allow this price to operate? How could caps like this lead to things like the 2008 financial crisis?

    24:32 — Regulation begets regulation which begets more regulation. The old lady who swallowed the fly was supposed to be a warning. We didn't listen. Also: Interest rate caps are price controls, and price controls are bad.

    27:29 — What about the biblical prohibition on usury? How should we think about that?

    33:48 — Outro. Thank you for watching Haman Nature!

    Haman Nature article about regulation:

    Mises Institute article about usury:

    Adam's other show: Natural Order Podcast



    This is a public episode. If you’d like to discuss this with other subscribers or get access to bonus episodes, visit hamannature.substack.com/subscribe
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  • On this "crossover" episode, Adam and economist Bob Murphy talk about the very busy first day of the incoming Trump presidency - part 2!

    00:00 — Intro. Bob reveals his favorite commercial.

    01:54 — Is it a surprise that Trump was seated? Isn't the ultra-powerful Deep State aligned against him? Did they give up? Do they have more nefarious plans? Did Trump capitulate?

    12:36 — Joe Biden's bizarre (and record setting) pardons on the way out the door. Are they good (for us), in a way? Plus, how are presidential pardons like The Purge? Also: Adam Schiff!

    25:36 — Trump's first day starts by freeing 1,500 Jan 6 prisoners. Now, will he free Ross Ulbricht?

    30:29 — Trump's "anti-trans" executive order is discussed.

    36:40 — What about all the rest of Trump's day one executive orders?

    45:34 — What's with Elon's weird "Nazi salute" thing? Also, remember when Melania "Rick rolled" the RNC crowd back in the day?

    54:34 — What about all the rest of Trump's campaign promises? Is he serious about cutting spending? Can we get rid of the Department of Education?

    61:52 — Outro. Free Ross!

    Haman Nature article about Trump shooting: “Trump, conspiracies and intuitions.”

    Haman Nature article about Ross Ulbricht: “Free Ross Ulbricht!”

    Haman Nature article about why Ross was targeted: “Ross Ulbricht found out. Don’t f**k with the government’s money.”

    Haman Nature article about men in women's prison: “Crime pays! In weird and disgusting ways.”

    Adam on X: @Rerazer

    Bob on X: @BobMurphyEcon

    The Bob Murphy Show:

    The Human Action podcast:

    Adam's other podcast: Natural Order Podcast



    This is a public episode. If you’d like to discuss this with other subscribers or get access to bonus episodes, visit hamannature.substack.com/subscribe
  • Trump takes office today! Adam and Tyrone talk about his various claims about what he intends to do "on day one!" Which promises will he follow through on? Which ones should he follow through on?

    00:00 — Intro. Tyrone makes a special announcement! Also, will Trump even be seated?

    02:25 — How should libertarians think about Trump?

    06:19 — Free Ross Ulbricht!

    08:36 — Analyzing Trump's various stated economic "Day 1" promises, starting with immigration.

    23:29 — Analyzing Trump promises about energy policy, inflation, taxes, trade, tariffs, foreign policy, entitlement spending, national debt, government spending, DEI, wokeism, rebuilding our cities, trans-athletes, 2A, abortion, election fraud, etc.

    58:26 — Outro. Thank you for watching Haman Nature! Become a paid subscriber at HamanNature.Substack.com to hear bonus episodes, such as the one where we continue criticizing Trump's proposed policies.

    PBS article mentioned:

    Hn episode about tariffs mentioned:

    Adam's other show: Natural Order Podcast



    This is a public episode. If you’d like to discuss this with other subscribers or get access to bonus episodes, visit hamannature.substack.com/subscribe
  • This is a free preview of a paid episode. To hear more, visit hamannature.substack.com

    Hello! Thank you for being a paid subscriber!

    On this bonus episode, Tyrone and I continue our Conspiracy Corner series and talk about the popular theory that humanity never set foot on the moon! Could it be true? Could it all have been just an elaborate trick? Perhaps!

    Naturally,

    Adam

    00:00 — Intro.

    01:10 — Tyrone asks, did we land on the moon? And why is Bart Sibrel getting on such big podcasts these days making the claim we didn’t? Why do people listen?

    08:45 — Tyrone brings up the Van Allen radiation belt issue.

    15:45 — We go over a handful of other claims and their debunks, including Bart Sibrel’s “gotcha” proof that so impressed Candace Owens. Also, Adam discusses the documentary effect.

    29:37 — A brief discussion about reading people’s mannerisms in deciding whether to believe some claim they make. Plus, Aldrin punches Sibrel. Delightful.

  • On this "crossover" episode, Adam and economist Bob Murphy talk about the horrible fires plaguing Los Angeles, California. Why was this so bad? What could be done better? Climate change, DEI, land management, fire insurance, and more!

    00:00 — Intro. Fire, bad!

    01:16 — What's the problem with fire insurance in California?

    08:53 — Even Joe Rogan years ago knew fire in LA was an enormous problem.

    11:00 — Is this a climate change problem? Or is that a "motte and bailey" argument?

    14:27 — More on insane fire insurance regulation in California.

    17:13 — Was DEI a contributing factor to this disaster? Or was this just generic government incompetence?

    38:53 — Could a free market do better? How?

    42:27 — California's Governor Newsom is a weasel, but at least he was in the country, unlike LA's mayor. These are not impressive people.

    49:30 — A little more on the climate change argument.

    52:23 — Outro. Once more, with feeling: "Fire, bad!" Thank you for watching Haman Nature!

    Haman Nature article mentioned: Fire is bad. So is strangling the fire insurance market where people need it most.

    John Papola (Dad Saves America) clip referenced:

    Adam on X: https://x.com/Rerazer

    Bob on X: https://x.com/BobMurphyEcon

    The Bob Murphy Show: https://www.bobmurphyshow.com/

    The Human Action podcast: https://mises.org/podcasts/human-action-podcast

    Adam's other podcast: https://naturalorderpodcast.com/



    This is a public episode. If you’d like to discuss this with other subscribers or get access to bonus episodes, visit hamannature.substack.com/subscribe
  • The words "slavery" and "theft" get thrown around a lot these days. But honestly, does slavery still exist in America? How different is our situation today from that of chattel slavery? How similar?

    00:00 — Intro.

    01:10 — Tyrone wants to know: What's the definition of "slavery"? How about "theft"? Should libertarians still use these words in our messaging?

    13:30 — Tyrone introduces a Haman Nature article: "Did they abolish slavery in America? Are you sure? No, seriously... are you sure?" We get to "vote", but is that just an illusion?

    21:33 — Adam introduces a great movie, Jones Plantation that parallels the "Tale of the slave" in Robert Nozick's famous book Anarchy, State, and Utopia.

    43:44 — Tyrone points out that these concepts are often poorly defined and that libertarians seeking to persuade the public should be mindful of that.

    45:30 — Outro. Thank you for watching Haman Nature!

    Haman Nature article mentioned: Did they abolish slavery in America? Are you sure? No, seriously... are you sure?

    Book mentioned - Anarchy, State, and Utopia by Robert Nozick -

    Movie mentioned - Jones Plantation

    Adam's other show: Natural Order Podcast



    This is a public episode. If you’d like to discuss this with other subscribers or get access to bonus episodes, visit hamannature.substack.com/subscribe
  • This is a free preview of a paid episode. To hear more, visit hamannature.substack.com

    Hello! Thank you for being a paid subscriber!

    On this bonus episode, Tyrone and I continue our discussion of “public goods” to talk about how “national defense” could (and should) be provided by private actors.

    Naturally,

    Adam

    00:00 — Intro.

    01:21 — Tyrone asks, “How on earth could humanity provide courts, police, and military protection without a monopolis…

  • On this "crossover" episode with economist Bob Murphy, we take a look at a few popular conspiracy theories. Adam and Bob tell you what they think, and why they think it!

    00:00 — Intro. Finally, Adam reveals the truth about Abraham Lincoln!

    03:11 — What's with the fluoride in the water?

    05:24 — What definition should we use for the term "conspiracy theory"? How about "red-pill"?

    11:35 — What's up with Jeffrey Epstein? Did he kill himself? Did he run a huge extortion/blackmail scheme based around sex with underage girls?

    27:19 — What's with the earth? Flat? Oblong spheroid? Other?

    34:37 — What's with the USS Liberty? Did Israel attack it by accident or on purpose?

    39:16 — What's up with Pearl Harbor? Did FDR provoke the attack? Did he know the attack was imminent and "let" the attack happen anyway?

    46:03 — What's up with "climate change"?

    61:03 — What's up with the Trump/Russia collusion claims?

    64:54 — What's the truth behind the terrorist attack of September 11, 2001?

    76:46 — What's the truth about the assassination of John F Kennedy?

    86:14 — What's up with the moon landing? Real? Fake? Was any of the television and photographic evidence staged?

    100:40 — Outro. Thank you for watching Haman Nature!

    Murray Rothbard fluoride article mentioned:

    Bob Murphy geoengineering article mentioned:

    Bob Murphy climate model article mentioned:

    Darryl Cooper (Martyrmade) podcast about Jeffrey Epstein mentioned:

    Book mentioned: Day of Deceit by Robert Stinnett:

    Haman Nature climate change articles mentioned (one), and (two):

    Book mentioned: Provoked by Scott Horton:

    Bob Murphy Show episode about the IG Russia collusion report:

    Book mentioned about JFK assassination cover up: Inside the Assassination Records Review Board by Douglas P. Horne.

    Future of Freedom video series about JFK assassination cover up:

    NASA report mentioned about "losing" the telemetry tapes:

    Adam on X: @Rerazer

    Bob on X: @BobMurphyEcon

    The Bob Murphy Show: https://www.bobmurphyshow.com/

    The Human Action podcast:

    Adam's other podcast: Natural Order Podcast



    This is a public episode. If you’d like to discuss this with other subscribers or get access to bonus episodes, visit hamannature.substack.com/subscribe
  • Adam despises the term "public goods" and all the excuses for larceny that derive from that barbaric and manipulative concept. And he's gonna tell you all about it. Enjoy!

    00:00 — Intro. Tyrone's mad at Santa, but it might be a ruse...

    01:19 — Adam reads the anti public goods article that this episode is based on. What's wrong with positive externalities?

    15:12 — A brief tangent to describe eminent domain. Remember the Kelo v. City of New London Connecticut Supreme Court decision? Also, Tyrone gives a couple examples of market distortions caused by government action.

    19:03 — Back to the public goods article. How could "national" defense be provided privately? Bob Murphy's Chaos Theory is instructive (link below). Plus: Private fire departments!

    25:22 — Two anecdotes about public goods: The valley and the "essential dam", and smallpox in Deadwood, South Dakota.

    35:30 — Adam finishes up the public goods article. Is the term "public" valid at all? Adam and Tyrone weigh in. What about the term "monopoly"? Also, externalities aren't "nouns", exactly. They are more properly thought of in a more subjective way.

    30:18 — Outro. Thank you for watching Haman Nature! If you want to hear the continuation of this conversation, where private provision of defense will be discussed, visit "HamanNature.Substack.com" and become a paid subscriber!

    Haman Nature article mentioned: Public goods is a term invented by thieves to steal your money.

    Book mentioned - Chaos Theory by Bob Murphy.

    Adam's other show: Natural Order Podcast



    This is a public episode. If you’d like to discuss this with other subscribers or get access to bonus episodes, visit hamannature.substack.com/subscribe
  • This is a free preview of a paid episode. To hear more, visit hamannature.substack.com

    Hello! Thank you for being a paid subscriber!

    Today on this bonus episode, Tyrone and I launch the first episode of our new “subscribers only” segment: Conspiracy Corner!

    On this inaugural episode, we get deep into the weeds about the Peter Thiel controversy. Is he a libertarian hero? Is he a secret agent of the Deep State? Something completely other? We…

  • It's another "crossover" episode! Adam Haman and Bob Murphy break down the recent Twitter(X) spat between Elon Musk and Vivek Ramaswamy and other elements of the broad "MAGA" movement about the H1-B visa program and American culture.

    00:00 — Intro. Bob's been fighting on Twitter again!

    01:49 — Bob breaks down the controversy, then Adam reads Vivek Ramaswamy's provocative X post (linked below) that caused a bit of an uproar.

    08:43 — Bob responds to Vivek a bit, but really responds to MAGA's response to Vivek. Since when is "the right" allergic to criticizing aspects of American culture?

    13:12 — Adam chimes in. American culture is a Rorschach test. Also, culture isn't monolithic. There have always been trash TV shows even when American culture valued excellence more. Bob points out some MAGA hypocrisy, and some areas where Vivek's critique didn't land. Also, Adam and Bob compare histories growing up as "the smart kid".

    20:11 — Adam points out that the recent history of immigration in the US (along with DEI) impacts this argument greatly. Also, Adam and Bob dive deeper into human psychology and American culture.

    43:48 — So, what's with these H1-B visas? What are the economic implications of them?

    64:53 — If Bob were in charge, what would he do about these visas? Eliminate? Expand? Tweak?

    72:16 — What does it actually mean to the average citizen when "high end" immigrants are brought into the country and "take" jobs that otherwise would have gone to fellow citizens? And who's "rights" should take precedent?

    75:02 — Coming back to culture, what else besides IQ matters? Are there valuable cultural attributes in which American culture shines?

    90:00 — Outro. Thank you for watching Haman Nature!

    Vivek's controversial X post:

    H1-B visa "mega thread analysis" mentioned:

    Adam on X: @Rerazer

    Bob on X: @BobMurphyEcon

    The Bob Murphy Show:

    The Human Action podcast:

    Adam's other podcast: Natural Order Podcast



    This is a public episode. If you’d like to discuss this with other subscribers or get access to bonus episodes, visit hamannature.substack.com/subscribe
  • Adam and Tyrone have a few things to say about national flags. Mostly about the US flag, but also about those of other nations. How do you feel about "your" flag? How about others?

    00:00 — Intro. After pledging allegiance to something, Tyrone introduces the Haman Nature article (linked below) that this episode is based on, "Some criticism and some redemption for the US flag."

    03:00 — Adam begins reading the article. Tyrone starts a discussion about how kids feel about the US flag at an early age.

    05:12 — Adam continues reading. Tyrone reminds us about the protests in Washington DC in late July 2024 where Palestinian and Israeli flags featured prominently. Also, why did the cops allow all the destruction of American symbols during the protests? Also, how should we feel about American patriotism?

    11:18 — Adam continues reading. Remember when they displayed a Ukrainian flag in the US Congress? Also: Anarcho-tyranny. Also, read (linked below) Provoked: How Washington Started the New Cold War with Russia and the Catastrophe in Ukraine, by Scott Horton.

    15:55 — Tyrone asks a question: Do "we" deserve all the blowback we suffer because of our government's foreign policy? Is "collective punishment" justified? Also, what about wartime actions? What is the nature of morality during wartime? What about extreme "lifeboat" situations? How do the plots of the books Starship Troopers and Ender's game relate?

    28:14 — How old were you when you learned what the word "allegiance" meant? Also, Tyrone posits that in an emergency, the moral thing to do is end the emergency.

    30:18 — Outro. Thank you for watching Haman Nature!

    Haman Nature article mentioned: “Some criticism and some redemption for the US flag.”

    Book mentioned - Provoked by Scott Horton:

    Book mentioned - Starship Troopers by Robert Heinlein:

    Book mentioned - Ender's Game by Orson Scott Card:

    Adam's other show: Natural Order Podcast



    This is a public episode. If you’d like to discuss this with other subscribers or get access to bonus episodes, visit hamannature.substack.com/subscribe
  • Merry Christmas!

    For the holidays, we here at Haman Nature want to give you another present! Here's a bonus episode that originally existed only behind the paywall at HamanNature.Substack.com.

    Enjoy!

    Book that Adam mentioned, Jonathan Haidt’s The Coddling of the American Mind (with Greg Lukianoff)

    PS: One more notion occurred to me about this episode. Maybe these “kids” are unintentionally playing a good strategy. If they all guess the wrong answer, how could a professor or administrator or other authority figure punish them? Perhaps it’s the stupid professor’s fault if they all get the wrong answer, right?

    We could call the strategy “camouflaging their ignorance against the herd”



    This is a public episode. If you’d like to discuss this with other subscribers or get access to bonus episodes, visit hamannature.substack.com/subscribe
  • Merry Christmas!

    For the holidays, we here at Haman Nature want to give you a present! Here's a bonus episode that originally existed only behind the paywall at HamanNature.Substack.com.

    Enjoy!

    Public school expert and amateur movie critic critic Charles Melchin comes on the show to turn the tables on our “Hey hero, your fly is down!” segment by pointing out some disagreements he has with Adam’s comments about The Holdovers, The Breakfast Club, and The Dead Poets Society.

    Sparks fly. Tales are told. Lessons are learned. Wisdom is gained? You be the judge!



    This is a public episode. If you’d like to discuss this with other subscribers or get access to bonus episodes, visit hamannature.substack.com/subscribe
  • On this "crossover" episode, Adam Haman and Bob Murphy discuss the critical comments that have been exchanged between Javier Milei, president of Argentina, and Hans-Hermann Hoppe, economist and libertarian theorist.

    00:00 — Intro.

    01:01 — Why must we fight? Adam and Bob give a breakdown of the "dispute" between Hoppe and Milei and some of the history of Milei's rise in Argentina.

    14:05 — What are Milei's accomplishments so far? Lower regulations? Lower inflation? Other?

    22:05 — Milei has been cozying up to the US and Israel. Adam has a theory why that is. Also, what dangers does Milei's presidency present for libertarianism in global public opinion?

    26:26 — Hoppe and Milei argued about how one should/could end the central bank. Who's right?

    47:02 — Should Milei pay back Argentinian debt? Should the US government pay its debts?

    58:52 — Outro. Don't be a "liberimbecile"! Keep watching Haman Nature!

    Hoppe criticizing Milei in Oct 2024:

    Milei's response on X:

    Human Action episode referenced:

    Adam on X: @Rerazer

    Bob on X: @BobMurphyEcon

    The Bob Murphy Show: https://www.bobmurphyshow.com/

    The Human Action podcast:

    Adam's other podcast: Natural Order Podcast



    This is a public episode. If you’d like to discuss this with other subscribers or get access to bonus episodes, visit hamannature.substack.com/subscribe
  • Adam and Tyrone grapple with the issue of our day: Why are smart people often so stupid about politics?

    00:00 — Intro. Tyrone lost his bone. Poor porcupine. Also, he had a tempestuous Thanksgiving because some of his smartest family members have idiotic and inconsistent opinions about political matters. Turns out it's easier to train (indoctrinate) a smart dog than a dumb one.

    03:00 — Tyrone introduces the Haman Nature article (linked below) this episode is based on: "Why are smart people so stupid about politics?" There's a good reason! It's all about feedback.

    09:49 — We are $36 trillion in debt. Adam shows that we can't even conceptualize what $1 trillion is.

    11:00 — So what's the fix? The answer isn't legislation or even education. It's culture.

    15:01 — Tyrone asks a good question. How much of this problem stems from the universities? Or maybe it's just that we've gotten soft. Is this a inevitable problem of prosperity?

    24:25 — Will it take an increase in our technological capabilities before we get "smarter" about politics? Is that good news or bad?

    31:47 — Outro. Thank you for watching Haman Nature!

    Haman Nature article mentioned: Why are smart people so stupid about politics? There’s a good reason!

    Book mentioned: The 4th Turning by William Strauss & Neil Howe:

    Adam's other show: Natural Order Podcast



    This is a public episode. If you’d like to discuss this with other subscribers or get access to bonus episodes, visit hamannature.substack.com/subscribe
  • Adam and Tyrone explain the similarities between Darth Vader and the government, specifically those policies related to gas taxes and electric vehicle regulations and fees.

    00:00 — Intro. Tyrone breathes funny.

    01:00 — Tyrone introduces the article this episode is based on (linked below): "What Darth Vader can teach us about electric vehicles and their hidden fees." The government keeps changing "the deal".

    03:47 — Tyrone channels the famous essay "I Pencil...". The production of energy is complicated, and modern activists don't take that complexity into account.

    06:35 — Want clean energy? Unshackle nuclear power! Plus, Tyrone reveals that at the end of the day, we're all still relying on the steam engine and the turbine.

    10:01 — EV sales are slumping. Why? What is the future of the global gas/EV car market? How can consumers and producers plan for the future when the regulatory landscape is unpredictable?

    16:31 — Darth Vader (i.e. government) changes the deal, but also they can't coordinate resources. There is no discovery process or calculation process. Also: Tyrone gets mad about calling taxation "revenue". Then he gets really mad about Minnesota roads and taxes.

    25:25 — To make Tyrone feel better, Adam points to California's awful road situation. Plus, Adam solves the problem with evil legislators -- Make them dress up as what they are.

    32:28 — Outro. Thanks for watching Haman Nature! (and don't make any deals with Darth Vader!)

    Haman Nature article mentioned: “What Darth Vader can teach us about electric vehicles and their hidden fees”

    Adam's other show: Natural Order Podcast



    This is a public episode. If you’d like to discuss this with other subscribers or get access to bonus episodes, visit hamannature.substack.com/subscribe
  • On this "crossover" episode, Adam Haman and Bob Murphy discuss the current "woke right" accusations flying around on social media lately. What does the term mean? Who is guilty of behaving in a woke manner, contrary to their stated beliefs? What's up with James Lindsey? Genius? Idiot? Something in between? Adam and Bob have the answers!

    00:00 — Intro. Adam (with his intriguingly raspy voice) introduces the episode. Bob complains of harsh working conditions. Then, Adam's raspy voice is explained. It's all Bob's fault.

    03:49 — The "woke right": What is it? Who's arguing about the term? Who is guilty of being "woke" on the right?

    09:01 — Bob leads a discussion of James Lindsay's history of journal hoaxes. Are these hoaxes relevant to the "woke right" debate?

    19:44 — Adam weighs in. What was valuable about the journal hoaxes? What claims were overblown? Plus, Adam reveals a critically important social maxim: Never heap praise and fame on a nerd.

    27:21 — How should we define "woke" and "woke right"? Are people being consistent when they use the terms? Does the latter term even make sense? Or are we all "woke"?

    39:45 — Adam asks some clarifying questions about this kind of "woke" analysis. Bob responds. Along the way, Adam discovers why humans invented language.

    58:55 — Is "wokism" a religion? What elements does it share with organized religion?

    60:02 — Bob wraps things up with some relevant quotes by Lindsay, Rothbard, and others.

    66:27 — Outro. Thanks for watching Haman Nature!

    Bob Murphy Show episode referenced:

    Adam on X: @Rerazer

    Bob on X: @BobMurphyEcon

    The Bob Murphy Show:

    The Human Action podcast:

    Adam's other podcast: Natural Order Podcast



    This is a public episode. If you’d like to discuss this with other subscribers or get access to bonus episodes, visit hamannature.substack.com/subscribe
  • On this "crossover" episode, Adam Haman and Bob Murphy talk about Trump's threatened tariffs on BRICS nations if they try to topple the US dollar's status as the reserve currency of the world. What is it all about? What will happen next?

    00:00 — Intro. Adam makes a great joke that he totally stands by.

    01:30 — Trump's inflammatory tariff/BRICS Tweet is read -- with capitalization choices deciphered. Bob weighs in on what's going on and introduces us to a new term: purchasing power parity.

    09:47 — Adam briefly describes the composition of BRICS and their relative sizes. Bob comments on the geopolitical strategy decisions involved with these matters.

    13:58 — Adam asks: Don't US officials realize they threaten the US dollar reserve currency status when they "use" it to punish countries that they are displeased with?

    18:46 — Adam asks: What type of currency is BRICS likely to attempt to create or switch to?

    23:14 — Trump's defenders say he's just bluffing (as a master negotiator will). Does Bob buy this argument? What is Trump thinking? What is likely to happen next?

    31:35 — Adam asks: How should we analyze these matters given national security considerations? Also: Fiat money is trash anyway. Why try to save it?

    38:01 — You know things are weird when you can't decide whether it's good or bad that our enemies have hypersonic missiles that we can't defend ourselves against.

    40:48 — What does Bob think is the most likely "end game"? Will fintech eventually set us all free? Also, what other corporate/government shenanigans are happening in the world that we should be worried about? Related: Is Elon Musk setting himself up to be Dr. Evil?

    49:30 — Adam talks about a theory (article linked below) about why smart people are so dumb about politics. Then Bob explains the mechanics of trade deficits and what the true effects of tariffs are.

    58:05 — Outro.

    Haman Nature article referenced: Why are smart people so stupid about politics?

    Adam on X: @Rerazer

    Bob on X: @BobMurphyEcon

    The Bob Murphy Show

    The Human Action podcast

    Adam's other podcast: Natural Order Podcast



    This is a public episode. If you’d like to discuss this with other subscribers or get access to bonus episodes, visit hamannature.substack.com/subscribe