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Oct 31, 2022

This week, I'm honored to be joined by Paul Knowlton and Aaron Hedges, the authors of the book "Better Capitalism: Jesus, Adam Smith, Ayn Rand, and MLK Jr, on Moving from Plantation to Partnership Economics."

We discuss the following points:

  • The story of "Mr. X," and the propagation of old-style, top-down, plantation-style economics.
  • Why the economy doesn't have to be a "zero sum game" in the tradition of Gordon Gekko, and why looking out for the interests of your customers and suppliers can lead to mutually beneficial outcomes;
  • Why one of Jesus' most famous teachings, the Sermon on the Mount, is laced with economic instruction for both the rich and poor;
  • Why Adam Smith's "Wealth of Nations" is often misunderstood as an unfettered endorsement of laissez-faire economics.  Paul and Aaron reveal what Smith had to say about the importance of functionality of the state;
  • How to engage your ideological opposites on matters of partnership economics, and how to find a common ground centered around the almighty dollar.

"Better Capitalism" is available here: https://www.amazon.com/Better-Capitalism-Plantation-Partnership-Economics-ebook/dp/B095JD4R9P/ref=sr_1_1?keywords=better+capitalism&qid=1667243247&qu=eyJxc2MiOiIxLjc2IiwicXNhIjoiMS43NSIsInFzcCI6IjEuNjEifQ%3D%3D&sprefix=better+capitalism%2Caps%2C93&sr=8-1

Thanks for checking out this week's episode!