Each election cycle, we’re treated to politicians and their supporters crying about the disappearing middle class. So many people repeat the mantra that most of us just accept it as fact. It turns out that those people are right - the middle class is disappearing. Where they get the story wrong is that it isn’t bad news. It’s excellent news.
Foolishness of the Week: 09:12
Main episode: 15:32
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Episode 263: The Fall of Amazon
Episode 262: David Friedman on the Gold Standard
Episode 261: $30 trillion
Episode 260: Shortages at Home, Starvation Elsewhere
Episode 259: The Chosen
Episode 258: Why the Anger?
Episode 257: The Time Value of Money
Episode 256: An Insider's View of the Supply Chain
Episode 255: What is Critical Race Theory?
Episode 254: Tradeoffs Audience Q&A
Episode 253: Tradeoffs, Lockdowns, Climate Change, and Free Stuff
Episode 252: A Second Lockdown?
Episode 251: Wealth, Income, Capital Gains, and Taxes
Episode 250: Listener Questions, pt. 2
Episode 249: Listener Questions, pt. 1
Episode 248: The Nobel Prize and the Minimum Wage
Episode 247: Pachyderms, Property, and Profit
Episode 246: The Link Between Politics and Economics
Episode 245: Should We Fund Children or Institutions?
Episode 244: The Nature of Exchange, pt. 2
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