# Adam Smith Said

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Was Ricardo's Comparative Advantage Really Different From What Adam Smith Said About Foreign Trade?

In response to Murphy's recent article on comparative advantage, economist Jorge Morales Meoqui objected that Murphy was continuing the same erroneous story about Adam Smith vs. David Ricardo. In this episode, Murphy clarifies what is right and wrong in Meoqui's own paper on the topic. Jorge Moral…

Programmed to Fail - 4. Planning-Programming-Budgeting

In this episode, we explore how the Department of Defense radically broke from liberal traditions and American values by installing a Soviet-style process called the Planning, Programming, Budgeting System, or PPBS. It is not a coincidence that progress in military technologies dramatically slowed …

7/21/24 BREAKING: BIDEN OUT! BACKS KAMALA!

Krystal and Ryan react to the breaking news that Joe BIden has dropped out of the 2024 presidential race and endorsed his VP Kamala Harris. To become a Breaking Points Premium Member and watch/listen to the show AD FREE, uncut and 1 hour early visit: www.breakingpoints.com   Merch Store: https:/…

Neutrality, Security, and Ethereum: the Future of Global Transaction Costs

Send us Fan Mail Are you intrigued by the transformative potential of blockchain and Ethereum? This conversation with Ryan Berckmans, an Ethereum enthusiast and savvy investor, will unravel world that remains mysterious to most. We also reflect on Ethereum's potential as a geopolitical tool and the…

Caldwell: Hayek's Intellectual Journey

Send us Fan Mail Come along on a journey through the corridors of economic history and methodology with our esteemed guest, Bruce Caldwell from the Center for History of Political Economy at Duke University.  Caldwell's personal voyage, from the nuances of economic methodology to his deep dive into…

David Henderson on Robert Solow

Send us a text David Henderson is a research fellow at Stanford University’s Hoover Institution and the editor of the Concise Encyclopedia of Economics. He is also an emeritus professor of economics with the Naval Postgraduate School. Today, we talk about another famous economist who has recently p…

What Teams Really Want From Leaders W/ Executive Advisor Phill Nosworthy

In this thought-provoking episode, Phill Nosworthy  delve into the essence of success, examining personal triumphs and milestones that shape individual journeys. Phil, a globally recognized corporate educator and mentor, shares insights into his transformative experiences across varied fields. The …

Martin Wolf on the Crisis of Democratic Capitalism

I think democracy and capitalism are individually in crisis in that they're not working very well and that the combination of the two in one political and economic system, which we have come to think of as the Western Way, is in crisis not only because the two component parts are in crisis, but bec…

Boneless Duck Feet

Hour 1 of Monday's A&G: Deion Sanders says he doesn't use cologne, he smells like voctory. Is Virtual Reality turning into a gimmick, rather than the future? Jack's interesting Chinese meal, and more!  Stupid Should Hurt: https://www.armstrongandgetty.com/ See omnystudio.com/listener for privacy in…

The bad news may soon be over for UK small caps

Smaller UK companies were among the worst performing assets in the world last year. That made 2022 a tough time for small cap fund managers. But small caps very rarely see two down years in a row, says Anna Macdonald, fund manager at Amati. She joins host Merryn Somerset Webb on this week’s Merryn …