The Political Orphanage

Alex Mayyasi of NPR's Planet Money joins me to explore some of the stranger forces shaping the economy. Why did the federal government create a legally mandated raisin cartel? Why are so many American corporations technically from Delaware? Should companies exist solely to make money? And are there times when price controls actually work? We also dig into Baumol's cost disease—the counterintuitive reason that as society gets richer, childcare, healthcare, restaurants, haircuts, teachers, and live performances can become increasingly expensive. Plus: how rising labor costs might be contributing to the loneliness epidemic, and how Lucille Ball and Desi Arnaz helped invent the modern television business. His book: "Planet Money: A Guide to the Economic Forces That Shape Your Life"

Are we racing toward an AI-powered golden age—or building something we won't be able to control? Justin Robert Young joins to explore the emerging philosophical divide over artificial intelligence: accelerate innovation and reap potentially enormous benefits, or slow down before we unleash risks we don't understand. We discuss OpenAI and Anthropic, the politics of AI regulation, competition with China, whether the AI boom is a bubble, the strongest case for the AI doomers, and the possibility that advances in AI could transform medicine, work, and even human aging. Plus: Justin explains why the best way to prepare for the AI revolution is surprisingly simple—start asking it dumb questions.

Dr. Steve Fuller of Warwick University says the meaningful split in society is not Leftwing vs. Rightwing, but rather Upwing vs. Downwing. Both have radically different attitudes to both risk and human nature, which informs their policy decisions and the direction they want to steer society. SUPPORT THE SHOW! www.patreon.com/andrewheaton Dr. Fuller's book at: www.mightyheaton.com/featured Referenced in the show today: TPO: "Was Abraham Lincoln Leftwing or Rightwing?" https://politicalorphanage.libsyn.com/hyrum-lewis "Transcendant Man" – Documentary by Ray Kurzweill about the Singularity https://www.amazon.co.uk/Transcendent-Man-Ray-Kurzweil/dp/B016V7WCLA ATA: The Bioethics of Gattica – Discussed on Alienating the Audience https://alienating.libsyn.com/gattaca ATA: How Cryonics Works – Interview on Alienating the Audience https://alienating.libsyn.com/we-can-freeze-you-how-cryonics-works ORIGINAL AIR DATE: August, 2023

Healthcare in America is more expensive than anywhere else in the world—but what are other countries actually doing differently? Physician and Slice of Life MD author Sally Primus joins me to tour healthcare systems from Germany and Britain to Japan, Australia, and Estonia. We look at single payer, private insurance, wait times, doctor shortages, drug prices, bureaucracy, and the strange economics of American healthcare—and ask which ideas the United States might actually want to steal.

Donald Trump has renamed Lake Ontario "Lake America" for federal purposes—but can a president actually rename a place, or only change what the government calls it? Andrew Heaton traces the strange history of who gets to control language, from ancient river names that survived Romans and Normans, to Cardinal Richelieu's Académie française, to Noah Webster, John Adams, Thomas Jefferson, and America's long refusal to appoint an official authority over English. Along the way: French language purism, loanwords, bad translations, official English, and why language usually belongs less to governments than to the people who actually speak it.