Month: November 2020

The Tale of the Superblians part 2

Welcome to the first made-up, imaginary, fictional type story on Truthspresso!Guess what: I was wrong! It turns out as I write this silly story, part 2 will not conclude the Tale of the Superblians.We pick up our story a year after the Superblians “invaded” from outer space. Listen in as our antagonist Jake has to battle two opposing economic ideas about these benevolent aliens. Are their improvements good as they appear or will they lead to destruction?Some real life type people figures make guest appearances in this part. The names have been changed to protect the innocent and the super guilty alike.Parodied appearances:Paul Krugman as “Paul Drugman”Robert P. Murphy as “Robert P. Nerfy”Thomas E. Woods as “Thomas E. Words”Theater sounds

The Tale of the Superblians part 1

Welcome to the first made-up, imaginary, fictional type story on Truthspresso!I am planning to wrap up the economics series with the Tale of the Superblians.Part 1 introduces the main characters and our rather unique situation.Part 2 will show how our unusual story shockingly concludes.If you like Sci-Fi, I hope you will bear with me in my first attempt at a Sci-Fi short story that also teaches important economic lessons.Scripture Citations:Psalm 35:26-28*****Like what you hear? Donate to Truthspresso and give a shot of support!*****

Is Income the Litmus Test for Equality?

Continuing with parsing through the politics of income inequality, we shift from the myths and articles to get down to some simple questions.We consider these few basic thoughts:College shows why incomes differ. Different majors offer different skills that have different levels of supply and demand. People intend to go to college for a return on investment.Jobs are different and command different incomes. Should a low-skilled factory worker make similar income as a brain surgeon?Because people are different, an economy rebooted with income inequality would never naturally stay that way. People save differently, spend differently, invest differently, and seek different vocations. Any snapshot of an economy with income inequality imposed would quickly revert to inequality without persistent draconian regulation. Our differences

Four Claims About Income Inequality Answered

Income inequality has become a hot button issue in this last decade. Concerns range from the idea that it will destroy civilization to simply “It just isn’t fair!”Well, this episode will present four common claims about how income inequality is “unfair” and answer them”The rich are getting richer and the poor are staying poor.The United States is the worst offender for income inequality.The poor and middle class are being cheated out of much of the wealth their labor creates.Economic growth that fuels income inequality leaves the poor behind.Sources Cited:US Census Bureau, “Income and Poverty in the United States: 2019“Phil Gramm and John F. Early, Wall Street Journal, “The Myth of American Inequality“Nat Levy, Geekwire, “Walmart posts $514B in revenue for

An Election Without Representation?

Joe from WalkwithGod joined me on Wednesday to chat about the upcoming election and politics from a Christian perspective.What made this fun is that we didn’t plan out our discussion. Neither of us knew the other’s views until right before hitting the record button!Joe described himself as a “centrist.”I described myself as “libertarian-leaning.”Both of us feel a little like outsiders looking in through the window at a political system that never really represents us.As Christians, we both desire to filter all politics through the Word of God, not through a party platform.We discussed abortion, democracy, gerrymandering, representation, the Supreme Court, and God’s laws in the Decalogue.We hope this discussion will be both challenging and encouraging as we wait for the