The Nerd Assassin

Joshua Schmidt

My name is Joshua Schmidt. This podcast is named The Nerd Assassin because it is a combination of all the interests I have. Partially, my mixed martial arts background which included Wrestling, Brazilian Jiu-Jitsu, and MMA fights. The assassin part. But my style was always very cerebral and I am currently a Software Engineer Expect an eclectic podcast covering many of my hobbies including religion, mindset, cooking, beer, cocktails, whiskey, financial topics, and software engineering. The podcast will continue to change and evolve as I do.

  1. 03/03/2021

    Financial Friday #15 - Restraints Upon Importation

    "Each nation has been made to look with an invidious eye upon the prosperity of all the nations with which it trades, and to consider their gain as its own loss. Commerce, which ought naturally to be, among nations, as among individuals, a bond of union and friendship, has become the most fertile source of discord and animosity." ### This Episode ### Chapter 1: Of the Principle of the Commercial System A look at what European economists thought made a country wealthy and how it influence regulations. Chapter 2: Restraints on Importation of Goods which Can Be Produced at Home Countries restrict goods by either high duties (taxes) or absolute bands which more or less creates a monopoly for the home market. These monopolies encourage more investment of time and money into that market. But does this help the society? Chapter 3: Restraints on Importation of Goods for the Balance of Trade The last chapter had regulations based on greed. In this chapter, it is national prejudice and animosity. ### Background ### I had a lot of strong opinions on Economics. I knew what policies were best for governments to build a strong economy. Then I realized, I did not have a  base to build these opinions on. I had not spent time reading the foundational thinkers. My opinions did not come from first principles. The Wealth Of Nations is the first book on my list I am reading. Written by the OG of Economics, Adam Smith. ### Links ### Twitter: https://twitter.com/thenerdassassin LinkedIn: https://www.linkedin.com/in/thenerdassassin Facebook: https://www.facebook.com/thenerdassassinpodcast Instagram: https://www.instagram.com/thenerdassassin/ Medium: https://thenerdassassin.medium.com TikTok: https://www.tiktok.com/@thenerdassassin YouTube: https://www.youtube.com/channel/UCjArcp_L8oZ5iqdLoncxMzw

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About

My name is Joshua Schmidt. This podcast is named The Nerd Assassin because it is a combination of all the interests I have. Partially, my mixed martial arts background which included Wrestling, Brazilian Jiu-Jitsu, and MMA fights. The assassin part. But my style was always very cerebral and I am currently a Software Engineer Expect an eclectic podcast covering many of my hobbies including religion, mindset, cooking, beer, cocktails, whiskey, financial topics, and software engineering. The podcast will continue to change and evolve as I do.