The Supply Side Podcast is for everyone who believes economies flourish when people produce goods and services that other people actually want. We talk low taxes, stable money, entrepreneurship and business development with the best thinkers on banking, investment and markets in the world. We prepare you for what happens when the bubbles finally pop.
George Gilder - Knowledge and Power
Last Sunday I sat in glorious sunshine watching my son play cricket. The only thing more complex than the rules of cricket is trying to work out the current state of the global economy. Luckily, while watching the game I was also reading a copy of George Gilder's Knowledge and Power. This important book makes a scholarly case for seeing capitalism as the interplay of knowledge and power. The tension between a dispersed entrepreneurial macrocosm and a governmental drive toward centralisation and control. In this episode I offer some opening insights of the key themes and what the current distortion of market signals may mean for the future.
John Locke on Freedom and Why Monetarism Ignores History
In today's episode I cover John Locke's thoughts on political control, the latest round of lockdowns and why The Fed seems to have ignored everything Japan learned about monetarism in 2002. At what point does it simply no loner work to keep printing money? What happens when unemployment rises at the same time as incomes are skyrocketing? What strange times we inhabit! In this episode we also explore some interesting stats from Wolf Richter on what we can expect in the post-covid 'New Normal.'
President Biden's Economic Policy
In today's episode it's time to explore seven key points from President Biden's Economic Policy. What can we expect from a supply side perspective? Well...not much, apart from a lesson in how to jack up inflation and distort markets even further. I also take a stroll down memory lane as Peter Schiff outlines the entire Global Financial Crisis two years before it happened.
Jude Wanniski Supply Side University Lesson 4
What's the difference between a casino and current global equity markets? Answer....not much! In this episode we explore Lesson 4 in Jude Wanniski's Supply Side University. We talk about gambling, mal-investment, and more. How do taxes condition the choices we make in terms of productive asset allocation instead of wild and destructive speculation?
The GFC Prophecy of Richard Duncan
The GFC Prophecy of Richard Duncan is still as impressive as ever. Six years before the GFC kicked off he wrote that the excesses of the 1990's was going to cause a failure in either the insurance industry or one of the large government sponsored enterprises such as Fannie Mae or Freddie Mac.
In this short episode I share Richard's prophetic insight and ask what we have learned and how likely it is that we will see it happening again soon.
The Federal Reserve Balance Sheet
In this episode we welcome back https://manonthemargin.com/about/ (Mike Kendall) to discuss a whole range of topics related to the state of the world, global macro, gold, central banking and more.
We also take a deeper look at Jude Wanniski's supply side model particularly in terms of the vision of reality that shapes the very foundation of every person's economic model.
Mike also takes us through a deeper look at the the balance sheet of the US Federal Reserve and its implications for the price of gold and the world economy.