#economics — Wealth & Means
Episodes tagged #economics on Wealth & Means.
- The Iron Rocket: How Steam Power Shattered the World and Built the Modern Economy — 2026-02-05
The transition from an organic economy to a mineral-based one powered by steam represents the most profound structural shift in the history of civilization. Traced as an S-curve: the Newcomen pump, Watt's condenser, Trevithick's high-pressure engine, and Stephenson's Rocket — and the economic transformation that followed each inflection point. - Episode 7: Weathering the Week — A Thanksgiving Edition — 2025-11-27
Episode 7 serves a full Thanksgiving platter: the internet trends you missed, a rapid-fire Thanksgiving economic calendar, a Knowledge Bomb on what ownership really means, a heavyweight debate on capitalism vs. socialism, and a surprising inventor story that still shapes daily life. - Episode 6: The College Fight, The Robot Uprising, and The Man Who Beat Scar Tissue — 2025-11-14
Episode 6 surfaces what the headlines missed, breaks down the week's market calendar, deep-dives into the Federal Reserve's generational income study, debates the value of college, and tells the story of the man whose breakthrough redefined modern medicine. - The Decline of the American Dream? What the Data Actually Says — 2024-04-20
The 'decline of the American Dream' narrative is overstated. A Federal Reserve generational-income study shows Millennials earn 18% more than Gen X at the same age. College still pays. Household incomes keep rising. Progress has slowed — not reversed. - It Pays to Be a Parent: What the Research Says About Parental Employment and Childhood Outcomes — 2024-04-15
Longitudinal studies tracking parents and children over two decades reveal that parental employment status is one of the strongest predictors of children's educational attainment, health outcomes, and lifetime earnings — with effects that persist for generations. - Warnings from Folklore: The Dangers of Idleness and Entitlement — 2024-03-10
Folklore from around the world raises surprisingly consistent warnings about idleness, entitlement, and the consequences of outsourcing all productive effort — lessons with sharp relevance for modern debates about UBI and the nature of work.