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120. Inflation, Covid, China & Crypto

2021 saw accelerating inflation in advanced economies, the pandemic continuing, cracks appearing in the Chinese economic model, and massive price growth in cryptocurrencies and NFTs. In episode 120, Economics Explored host Gene Tunny discusses the big issues of 2021 and looks forward to 2022 with frequent guest Tim Hughes.

The episode also features discussion on the COP26 climate change summit, the idea of “degrowth” advanced by some ecologists and environmentalists, and feedback on EP115 on the Opioid Crisis and the War on Drugs.  

Crazy Crypto charts Gene refers to in the episode

Australia’s largest bitcoin mine hopes to utilise unused renewable energy and lead the world on decarbonisation

Covid: Dutch go into Christmas lockdown over Omicron wave

 WHO forecasts coronavirus pandemic will end in 2022

China struggles to shrug off weak consumer spending and property woes 

China Evergrande reports progress in resuming home deliveries

Life in a ‘degrowth’ economy, and why you might actually enjoy it

EP115 – The Opioid Crisis and the War on Drugs

Thanks to the show’s audio engineer Josh Crotts for his assistance in producing the episode. 

Please get in touch with any questions, comments and suggestions by emailing us at contact@economicsexplored.com or sending a voice message via https://www.speakpipe.com/economicsexplored. Economics Explored is available via Apple Podcasts, Google Podcast, and other podcasting platforms.

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Podcast episode

EP115 – The Opioid Crisis and the War on Drugs

100,000 Americans have died of drug overdoses in a 12 month period, mostly with opioids. Economics Explored EP115 features a conversation on the US Opioid crisis and the failed War on Drugs, and why a Harm Reduction approach is preferable, with Dr Jeff Singer MD from the Cato Institute. 

About this episode’s guest – Dr Jeffrey Singer MD

Jeffrey A. Singer is a senior fellow at the Cato Institute and works in the Department of Health Policy Studies. He is principal and founder of Valley Surgical Clinics Ltd., the largest and oldest group private surgical practice in Arizona, and has been in private practice as a general surgeon for more than 35 years.

He is also a visiting fellow at the Goldwater Institute in Phoenix. Singer is a member of the Board of Scientific Advisors of the American Council on Science and Health. From 1994 to 2016, he was a regular contributor to Arizona Medicine, the journal of the Arizona Medical Association. He served on the Advisory Board Council of the Center for Political Thought and Leadership at Arizona State University from 2014 to 2018 and is an adjunct instructor in the Program on Political History and Leadership at ASU. He writes and speaks extensively on regional and national public policy, with a specific focus on the areas of health care policy and the harmful effects of drug prohibition.

He received his BA from Brooklyn College (City University of New York) and his MD from New York Medical College. He is a fellow of the American College of Surgeons.

Jeff is @dr4liberty on Twitter. 

The North Carolina study:

https://pubmed.ncbi.nlm.nih.gov/26333030/

 The Harvard/Johns Hopkins study on misuse rates in opioid naive post-surgical patients:

https://www.bmj.com/content/360/bmj.j5790

 The Cicero study on the rise of heroin as the “gateway” drug:

https://pubmed.ncbi.nlm.nih.gov/28582659/

Jeff’s report in the Journal of Pain Research:

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6369835/

Jeff’s Quadrant article on e-cigarettes:

https://quadrant.org.au/opinion/public-health/2021/10/whose-lungs-are-they-anyway/

Thanks to the show’s audio engineer Josh Crotts for his assistance in producing the episode. 

Please get in touch with any questions, comments and suggestions by emailing us at contact@economicsexplored.com or sending a voice message via https://www.speakpipe.com/economicsexplored. Economics Explored is available via Apple Podcasts, Google Podcast, and other podcasting platforms.

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Podcast episode

EP104 – Victimless Crimes with Marc J. Victor

Victimless crimes arguably include drug possession, prostitution, and many other offences. Highly experienced criminal lawyer Marc J. Victor says victimless crimes are not really crimes at all. Decriminalising these offences would avoid the huge economic and social costs related to prosecuting and imprisoning people who commit victimless crimes.

On Economics Explored we’ve previously discussed the large economic and social costs that arise from criminalising drugs such as cannabis. In episode 104, show host Gene Tunny discusses the broader concept of victimless crimes with a highly-experienced lawyer, Marc J. Victor, President and Managing Partner of Attorneys for Freedom.

About this episode’s guest – Marc J. Victor

Marc J. Victor is President and Managing Partner of Attorneys for Freedom. He is a certified Criminal Law Specialist in Arizona and is admitted to practise in Arizona and Hawai’i. Over nearly three decades, Marc has represented clients in more than a thousand major felony cases. 

As a long-time freedom activist, Marc is regularly invited to speak to audiences across Arizona on a variety of issues including ending the drug war, the rights of gun owners, the free market, criminal justice issues as well as a variety of other criminal law related issues. Most recently, Marc has spoken on the Live and Let Live Principle, the foundation upon which he has established The World’s Only Real Peace Movement (www.liveandletlive.org).

Marc has been quoted locally, nationally and internationally on radio, television, in print and in person as a legal commentator and expert on many local and national cases.  He was an expert legal commentator for local NBC 12 News for the Jodi Arias case. Marc and firm partner Andrew Marcantel host The Peace Radicals Podcast with a new episode every Friday. The Peace Radicals is available on most streaming platforms including Apple Podcasts and Spotify and is also available to watch on YouTube.

Links relevant to the conversation

Economics Explored episode 19: Cannabis with Dr Stephen Thornton

Victimless Crimes Are Not Really Crimes At All – Attorney Marc J. Victor – Attorneys For Freedom – YouTube

Ending the War on Drugs: By the Numbers – Center for American Progress

Peace Radicals Episode 36 – Mask Mandates, Vaccines, Lockdowns, and The Live and Let Live Philosophy

Please get in touch with any questions, comments and suggestions by emailing us at contact@economicsexplored.com. Economics Explored is available via Apple PodcastsGoogle Podcast, and other podcasting platforms.