Economic Policy: Men and the Machine, Capitalism versus Socialism, and Being Free While Protecting Each Other

With so much talk of the stock market and the economy, and jobs, it's hard to understand what's really going on. Los and Bertram planned to argue their sides in the old Capitalism vs. Socialism debate. Instead, they discuss the benefits of both while breaking down all the components which make the economic machine keep churning—for better or worse. Thank you for listening! We love you. Don't forget to subscribe, leave a review, spread the word about this podcast. Resources from this episode: https://www.youtube.com/watch?v=p7HKvqRI_Bo (How does the stock market work? - Oliver Elfenbaum | TED-Ed (via YouTube)) https://www.investopedia.com/articles/personal-finance/020215/top-ten-us-economic-indicators.asp (Top Ten US Economic Indicators | Investopedia) https://www.thebalance.com/u-s-gdp-5-latest-statistics-and-how-to-use-them-3306041 (US GDP Statistics and How To Use Them | The Balance) https://www.history.com/news/what-caused-the-stock-market-crash-of-1929 (What Caused The Stock Market Crash of 1929 | HISTORY) https://www.youtube.com/watch?v=B3u4EFTwprM (Capitalism and Socialism | CrashCourse (via YouTube)) https://www.pagecentertraining.psu.edu/public-relations-ethics/corporate-social-responsibility/lesson-2-introduction-to-conscious-capitalism/conscious-capitalism-a-definition (Conscious Capitalism: A Definition | The Arthur W. Page Center/Public Relations Ethics) https://www.businessinsider.com/alexandria-ocasio-cortez-milton-friedman-negative-externality-2019-3 (Alexandria Ocasio-Cortez just revived a classic argument by conservative economist Milton Friedman about who pays for pollution | Business Insider) https://www.youtube.com/watch?v=0YGfwSvLkC0 (Milton Friedman on the free-market case for taxing pollution (from 1979 interview on Phil Donahue) (via YouTube)) https://www.heritage.org/index/book/chapter-2 (Economic Freedom: Policies for Lasting Progress and Prosperity) https://www.thebalance.com/mixed-economy-definition-pros-cons-examples-3305594 (Mixed Economy with Pros, Cons, and Exampl