Haman Nature

On this episode of Haman Nature, libertarian poker pro and amateur smart person Adam Haman is joined by author John C. Wright, who wrote Adam's favorite sci-fi trilogy! The Golden Age is set in a far future libertarian society and is just a brilliant, thrilling read. Enjoy!00:00 — Intro. Adam Welcomes John C. Wright!02:31 — How did John come to be a sci-fi/fantasy author and what's the business like these days?06:12 — The moment Adam fell in love with The Golden Age. Also, what are the themes of the story and how did the series come about?17:35 — John covered augmented reality and virtual reality and simulation theory way ahead of his time. This series is fabulously wealthy in big big big ideas!28:44 — Libertarianism vs Stoicism. Plus, the heat-death of the universe. Also, why is sci-fi the best genre of fiction?42:51 — What is "truth" to a near-omniscient artificial intelligence? Where does philosophy fit in? Also: John's views on intellectual property and more on libertarianism.57:45 — These are fabulous books, and John has written others, too! Go buy them! Also, how Disney destroyed Star Wars.1:10:55 — Outro. Thanks for watching Haman Nature! John's website: https://scifiwright.com/Books mentioned: The Golden Age: https://amzn.to/48Zp0QpThe Phoenix Exultant: https://amzn.to/3L1UopqThe Golden Transcendence: https://amzn.to/44EoOorAdam on X: https://x.com/Rerazer Adam's other podcast: https://naturalorderpodcast.comThe holidays are upon us! If you’re feeling festive and in a gift-giving mood, consider supporting Haman Nature financially. We are a plucky upstart and we need all the help we can get to keep going. Thanks, and Merry Christmas! This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit hamannature.substack.com/subscribe

On this crossover episode of Haman Nature, poker pro Adam Haman and economist Bob Murphy break down some amazing things Elon Musk (of Tesla, X, etc) and Jensen Hwang (of NVIDIA) recently said about the future of AI, robotics, human work, money, and much much more. Enjoy!00:00 — Intro. Adam’s just a big kid. Also, What’s the US-Saudi Investment Forum?04:33 — Clip 1: Is Elon “disrupting” industries? Or is he creating brand new industries?09:11 — Clip 2: Elon says AI and robotics will be what ends human poverty once and for all.16:12 — Clip 3: Elon says work will be optional and money will disappear. Wha?!41:31 — Clip 4: Jensen says AI won’t destroy jobs, it’ll change jobs and make jobs easier and make people much much much more productive.49:35 — Are we in an “AI bubble”? Also, AI data centers in space!1:02:32 — Outro. Some closing thoughts. Thanks for watching Haman Nature! Sponsor mentioned: https://scotthortonacademy.com/crossoverElon/Jensen/Saudi video mentioned:Book mentioned: Consider Phlebas by Iain M. Banks: Adam on X: @RerazerBob on X: @BobMurphyEcon The Bob Murphy Show: Adam’s other show: Natural Order Podcast This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit hamannature.substack.com/subscribe

On this episode of Haman Nature, libertarian poker pro and amateur smart person Adam Haman is joined by physicist, economist, and anarchist David Friedman (son of the great Milton Friedman!) to discuss morality, law, economics, and other things of interest. Enjoy!00:00 — Intro. Adam fulfills a promise and gives David an apology. Plus, PorcFest!02:55 — How does David view the Non-Aggression Principle?06:22 — What was David’s fascinating education and career path?17:55 — What does David think about methodology and the various schools of economics? What does David think of Murray Rothbard? 29:49 — How did David more from a classical liberal to an anarchist?38:31 — How did David become a professor of law? What are the economics of law enforcement?52:20 — David has many more books besides The Machinery of Freedom!1:06:19 — How does David think about the subject of morality?1:07:55 — Outro. David is a medieval hobbyist! Thanks for watching Haman Nature! David’s Substack article critiquing Murray Rothbard: Adam on X: @Rerazer Adam’s other podcast: Natural Order PodcastThe holidays are upon us! If you’re feeling festive and in a gift-giving mood, consider supporting Haman Nature financially. We are a plucky upstart and we need all the help we can get to keep going. Thanks, and Merry Christmas! This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit hamannature.substack.com/subscribe

On this crossover episode of Haman Nature, poker pro Adam Haman and economist Bob Murphy review an amazing interview Bob had with controversial intellectual table-flipper Eric Weinstein. Eric has applied gauge theory in a way that might just revolutionize neoclassical economics!00:00 — Intro. We’re going meta with a clip show again! Bob begins with some general thoughts about his conversation with Eric Weinstein.08:40 — Clip 1: Eric sets the table. Is gauge theory going to be as revolutionary as marginalism was? What does it mean to apply the “right” derivative when using differential calculus in economics? Also, what exactly was the marginal revolution?19:32 — Clip 2: What is “path dependence” and why is it important? How can we understand changing prices and consumer preferences over time?33:26 — Introducing our new sponsor, The Scott Horton Academy! (https://scotthortonacademy.com/crossover)36:08 — Clip 3: What is “the price level” in the US? Does it even make sense to phrase things this way?40:00 — Clip 4: What does Darth Vader’s Death Star have to do with neoclassical economics? If this “exhaust vent” isn’t fixed, does this mean the end of the entire field of economics?1:05:39 — Clip 5: Eric Weinstein interacts with Ken Arrow and his impossibility theorem. Does Eric’s gauge theory invalidate the theory? If not, why not?1:29:59 — Outro. Some closing thoughts. Thanks for watching Haman Nature! Sponsor mentioned: https://scotthortonacademy.com/crossoverInfineo video mentioned: Bob interviews Eric Weinstein:Adam on X: @RerazerBob on X: @BobMurphyEconAdam’s other show: Natural Order Podcast This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit hamannature.substack.com/subscribe

On this episode of Haman Nature, libertarian poker pro Adam Haman is joined once again by libertarian legal theorist (and patent attorney who despises IP) Stephan Kinsella about his new creation: The Universal Principles of Liberty. (apologies, folks - my mic was a bit wonky on this one)00:00 — Intro. Welcoming author, attorney, world-traveler, and all-around great guy Stephan Kinsella! 02:54 — What are “The Universal Principles of Liberty”, and why should we be excited by it?11:40 — What is a “person”? What is “property”? Why are these things so important to think about clearly?34:24 — This simple and elegant document can handle deep and complex issues. 47:54 — When (and why) does selling not imply ownership, and vice-versa? What does “dualism” have to do with this? What’s the confusion between economics and law when dealing with this stuff?56:53 — Outro. Go comment on The Universal Principles of Liberty! (linked below) Thanks for watching Haman Nature! The Universal Principles of Liberty: Blogpost introducing The Universal Principles of Liberty: Adam on X: https://x.com/Rerazer Adam’s other podcast: https://naturalorderpodcast.comThe holidays are upon us! If you’re feeling festive and in a gift-giving mood, consider supporting Haman Nature financially. We are a plucky upstart and we need all the help we can get to keep going. Thanks, and Merry Christmas! This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit hamannature.substack.com/subscribe

On this crossover episode of Haman Nature, poker pro Adam Haman and economist Bob Murphy Dive into Artificial Intelligence and metaphysics by analyzing a recent Haman Nature video featuring Jobst Landgrebe and Barry Smith. This one gets meta! 00:00 — Intro. When your own interview is so good it merits a clip show about it!04:50 — Clip 1: What does “Clever Hans” have to tell us about minds and AI and the way humans perceive “thinking” where it doesn’t exist?21:55 — Clip 2: Is it true that humans can’t build something they don’t understand? What about later on in time?29:05 — Clip 3: How good are robots at poker? Would they get “worse” if they could see you visually?41:02 — Clip 4: Can we simulate intelligence? Can we simulate evolution? What are the constraints?1:02:25 — Clip 5: What does randomness and chaos theory and “orbital wobbles” tell us about AI?1:11:34 — Clip 6: Puff, puff, give! Let’s talk about simulations and base reality and the human nature and forestalling the heat death of the universe and hallucinating LLMs.1:29:59 — Outro. Thanks for watching Haman Nature! Sponsor mentioned: https://theswanbrothers.com/cross Former Haman Nature episodes mentioned:Hn 181 — Why AI Will Never Rule the WorldHn 177 — Interview with Jobst Landgrebe, author of The Hype CycleBob Murphy Show episode mentioned: Ep 314 - Winston Ewert asks is the human mind a computer Video about LLMs mentioned:Adam on X: @Rerazer Bob on X: @BobMurphyEcon The Bob Murphy Show: Adam’s other podcast: Natural Order Podcast This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit hamannature.substack.com/subscribe

Welcome to the seventh episode of Adam and Tyrone’s exploration of the great book, Economic in Three Lessons by Hunter Lewis! Henry Hazlitt’s masterpiece has been upgraded, and here on Haman Nature we will guide you through the entirety of this great new book on economics! (links to earlier episodes below)00:00 — Intro. Reading books, for fun and profit! 03:21 — Let’s read Lesson Three: Enemies of the Free Price System, Chapter 15: Where Does This Leave the Poor? What does it mean to be poor in America? Who really benefits from government poverty programs? How do these programs trap people in poverty? What else does the government do to raise prices and hurt the poor?12:13 — Let’s read Lesson Three: Enemies of the Free Price System, Chapter 16: How the Fed Fits In. Artificially expanding money and credit creates the boom/bust cycle and counterfeits wealth away from the citizenry. 19:49 — Let’s read Lesson Three: Enemies of the Free Price System, Chapter 17: The Fed’s Conflict of Interest. Central banks and fiat currency allows for massive corruption, which they try to paper over by manipulating the “animal spirits” of market actors. It’s all a shell game.1:08:18 — Outro. Thank you for watching Haman Nature! Book mentioned: Economics in Three Lessons by Hunter Lewis: Economics in 3 Lessons YouTube playlist: Adam’s other show: Natural Order Podcast This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit hamannature.substack.com/subscribe

On this crossover episode of Haman Nature, poker pro Adam Haman and economist Bob Murphy break down the pros and cons of Game Theory — including how the field relates to poker! Come on in and get schooled on this fascinating area of mathy goodness! 00:00 — Intro. Adam doesn’t trust Miss Scarlet or Colonel Mustard. Really, nobody should.01:38 — What is Game Theory, anyway? What fields is it useful for?09:21 — The history of Game Theory. Also, Game Theory is attractive because it’s rigorous. But those assumptions...23:03 — A brief discussion of Game Theory Optimal (GTO) play in poker. 28:45 — Bob teaches us some fascinating (and goofy) things about the famous Ultimatum Game.42:21 — Bob teaches us some fascinating (and goofy) things about the famous Prisoner’s Dilemma.1:05:00 — The map is not the territory. What are the obvious problems with Game Theory?1:14:24 — Closing thoughts. Blackjack, poker, chess, etc. Also, always be on the lookout for a Flatland scenario.1:22:35 — Outro. Thanks for watching Haman Nature! Sponsor mentioned: https://theswanbrothers.com/cross A fun browser game that plays with Game Theory: https://ncase.me/trust/Adam on X: @RerazerBob on X: @BobMurphyEcon The Bob Murphy Show: Adam’s other podcast: Natural Order Podcast This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit hamannature.substack.com/subscribe

On this episode of Haman Nature, libertarian poker pro (and amateur everything else) Adam Haman interviews two brilliant scientists (Jobst Landgrebe and Barry Smith) about their book Why Machines Will Never Rule the World: Artificial Intelligence Without Fear. Don’t fret, folks. Artificial Intelligence isn’t coming to destroy us. Don’t believe the hype.00:00 — Intro. Welcoming Jobst Landgrebe and Barry Smith! Who are they and why do they know what Artificial Intelligence is all about?06:06 — LLMs: What are they vs. what people think they are?13:24 — Are LLMs thinking? In any way? Do they “want” anything? And what are neural networks?15:55 — How “could” an AGI be created? Is it possible? Why is “active perception” such a mystery? Also, why is it always 10 minutes until 2 o’clock? How does thermodynamics impact AI limitations?33:10 — Certainty, greatness, and... poker? Are there limits to what can be modelled? 42:11 — How does AGI (and it’s limits) relate to the question of “hard determinism”? Also, why won’t intelligence “fit” into a digital box? And what are the limits of “implicit mathematics”?56:45 — What is the truth or falsehood of simulation theory? What about the Fermi paradox? Where are all the aliens?1:09:58 — Outro. Thanks for watching Haman Nature! Book mentioned — Why Machines Will Never Rule the World -- https://amzn.to/3KosxQ3Adam on X: https://x.com/Rerazer Adam’s other podcast: https://naturalorderpodcast.com This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit hamannature.substack.com/subscribe

On this special REACTION episode of Haman Nature, Adam Haman and Tyrone the Porcupine Hobo are joined by Charles Melchin to react to FOUR new Tom MacDonald videos. What’s good? What’s bad? What’s amazing? What’s baffling? Come find out! 00:00 — Intro. Adam and Tyrone welcome non-famous artistic critic and cultural commentator Charles Melchin! 05:11 — Video 1: “Charlie” -- Tom’s heartfelt response to the murder of Charlie Kirk. 16:06 — Video 2: “Woke World” -- Tom’s had enough. Screw everything woke! 36:15 — Video 3: “All My Haters” -- Tom loves to mock his haters in his huge mansion! 45:38 — Video 4: “Equality” -- Tom brings a unifying message. 53:42 — Closing thoughts on all four videos. 57:37 — Outro. Thanks for watching Haman Nature! Adam on X: https://x.com/Rerazer For daily articles and bonus content, join us at: https://hamannature.substack.com/ Adam’s other podcast: https://naturalorderpodcast.com This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit hamannature.substack.com/subscribe

On this crossover episode of Haman Nature, poker pro Adam Haman and economist Bob Murphy Dive into a fascinating ZeroHedge debate recently about WWII. Keith Knight of the Libertarian Institute faced off against British historian Jim Holland on whether the US should have entered this horrific war. Some unique arguments and a whole lot of wisdom were deployed. Enjoy!00:00 — Intro. Another clip show? And a debate? Yay!01:53 — Adam and Bob give their general remarks. Was this a good debate? Who won? 12:52 — Clip 1: Keith lays out the beginning of WWII from the perspective of Germany and Japan. Persuasive? Also, how awesome is cheese, right?21:24 — Clip 2: Keith says the claim that “you can’t negotiate with dictators” makes no sense in WWII. Persuasive?27:08 — Clip 3: Jim Holland says America had to enter the war because... we were rich? WTF? Also, did Smoot-Hawley cause WWII?34:53 — Clip 4: Keith lays out a great argument about how leaders should think about whether or not to go to war. 41:49 — Clip 5: Keith lays out how he would have tried to prevent the Holocaust. Would Hitler have “conquered North America” if the US didn’t enter WWII? Also, what atrocities should one be willing to commit in the name of some “greater good”? 1:04:37 — In closing, Keith Knight did a great job! 1:07:00 — Outro. Thanks for watching Haman Nature! Sponsor mentioned: https://theswanbrothers.com/cross Source for war production table mentioned: Adam on X: @Rerazer Bob on X: @BobMurphyEcon The Bob Murphy Show: Adam’s other podcast: Natural Order PodcastThe holidays are almost upon us. If you’re feeling festive and in a gift-giving mood, consider supporting Haman Nature financially. We are a plucky upstart and we need all the help we can get to keep going. Thanks, and Merry Christmas! This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit hamannature.substack.com/subscribe

On this episode of Haman Nature, libertarian poker pro Adam Haman interviews scientist, philosopher, and all-around smart person about his book, The Hype Cycle: Uppers and Downers in Our Bipolar Culture. Our hopes and fears are being manipulated by nefarious actors in government and media along a wide spectrum of “hypes”. Good news: We don’t have to suffer. All we need to do is open our eyes. 00:00 — Intro. Welcoming Jobst Landgrebe, slayer of vicious hypes! Who is this guy and how did he become so learned? 07:40 — Why write The Hype Cycle? What’s gone wrong in our world? 10:35 -- What is Fear Hype? What is Hope Hype? What are Hype Cycles and who creates them and for what purpose? Is Covid a “hype”? What about Putin? 17:10 — Why do democracies (and republics) tend to fall into tyranny? Stupidity, foolishness, or both? 32:53 — Can’t one-world government and mass globalization solve all our problems? 38:01 — Join as a paid subscriber at HamanNature.com for PART TWO! 38:47 -- What are the perils of “scientism”? 48:31 — What is anti-democratic neo-feudalism? Is that where we are at right now in the West? How do our modern “oligarchs” differ from those of the past? Is it worse now? How do we “wake up”? 56:53 — Outro. Thanks for watching Haman Nature! Book mentioned - The Hype Cycle by Jobst Landgrebe: Adam on X: @RerazerJoin as a paid subscriber for bonus material, including PART TWO of this interview with Jobst Landgrebe. Adam’s other podcast: Natural Order Podcast This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit hamannature.substack.com/subscribe

Welcome, paid subscribers to Haman Nature! Thank you so much for your support. You mean the world to Tyrone and me. Heck, if y’all multiply, maybe we can actually keep this thing as a going concern!Today I offer you PART TWO of my excellent interview with the very wise and very European Jobst Landgrebe, author of The Hype Cycle. I like this guy a lot an… This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit hamannature.substack.com/subscribe

On this episode of Haman Nature, poker pro Adam Haman and economist Bob Murphy react to two recent and provocative video clips. The first is an odd moral framing made by Stefan Molyneux. The second is a powerful and controversial analysis of MAGA by Tucker Carlson. Enjoy! 00:00 — Intro. Another clip show? Yay! 01:53 — Clip 1: Stefan Molyneux says it’s “moral” to kill innocent children in certain situations, and he frames his argument in a peculiar way. Adam and Bob respond. 22:53 — Clip 2: Stefan Molyneux says you can’t have higher moral standards than your enemies. Is he right? 38:24 — Clip 3: Tucker Carlson lays out the meaning of “America First”. What’s up with this massively contentious term? 51:17 — Clip 4: Tucker Carlson emphasizes that MAGA is anti-war and anti-globalism. What’s the truth of free trade and globalization in this highly regulated and taxed economy. Also, is GDP meaningful? 1:16:31 — Outro. Thanks for watching Haman Nature! Sponsor mentioned: https://theswanbrothers.com/cross Stefan Molyneux clip mentioned: Is Christianity Losing?Tucker Carlson clip mentioned: The MAGA movement’s future:Adam on X: @RerazerBob on X: @BobMurphyEconThe Bob Murphy Show: Adam’s other podcast: Natural Order Podcast This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit hamannature.substack.com/subscribe

Welcome to the sixth episode of Adam and Tyrone’s exploration of the great book, Economic in Three Lessons by Hunter Lewis! Henry Hazlitt’s masterpiece has been upgraded, and here on Haman Nature we will guide you through the entirety of this great new book on economics! (links to earlier episodes below) 00:00 — Intro. Dude, 15% off at Denny’s! 01:42 — Let’s read Lesson Three: Enemies of the Free Price System, Chapter 13: The Crony Capitalist Conundrum! How do we disentangle “private” from “government” actions? What about GSEs? NGOs? “Non-profits”? 12:13 — Let’s read Lesson Three: Enemies of the Free Price System, Chapter 14: The Progressive Paradox! How to stop cronies from using government to abuse us? Make government... bigger? 19:49 — Time after time, observers see the problems of big government, but pretend that a little more of the evil thing will make it better. 44:00 — When it comes to the evils of monopoly government, why can’t we learn? 49:50 — Outro. Thank you for watching Haman Nature! Book mentioned: Economics in Three Lessons by Hunter Lewis: Economics in Three Lessons Haman Nature YouTube playlist: Adam’s other show: Natural Order Podcast This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit hamannature.substack.com/subscribe

This is a free preview of a paid episode. To hear more, visit hamannature.substack.comWelcome, beloved paid subscribers to this bonus episode!In this episode, Tyrone and I dive deeper into the bizarre (and possibly demonic) Medical Assistance in Dying (MAiD) program of our northern neighbor, Canada. Socialized medicine ain’t good, folks. Beware doctors and bureaucrats who want to “help” you die.00:00 — Intro. Introducing MAiD: “Good morn…

On this episode of Haman Nature, Adam has some questions for economist Bob Murphy about a former boss of his. Art Laffer is a famous economist who has advised Nixon, Reagan, and Trump. He has been a tireless promoter of free markets, invented (or popularized) the famous “Laffer Curve” understanding of income taxes, and has come to believe that money production should be an entirely free market / private sector phenomenon. We agree! Enjoy! 00:00 — Intro. Who is the Art Laffer fellow, and what is Bob’s “special relationship” with him? 02:58 — Clip 1: Laffer gives a little of his (and the US’s) history with money and says it should all be private. Bob breaks down the history of money prior to the Fed. 15:26 — Clip 2: Laffer describes debates with Milton Friedman and losing battles over sound money and fixed exchange rates. Who was right? Bob breaks down the economics of it all. 33:05 — Clip 3: How did Laffer “discover” Supply-Side Economics? What’s the Laffer Curve? 1:15:23 — Outro. Thanks for watching Haman Nature! Sponsor mentioned: https://theswanbrothers.com/cross Book mentioned: Bob Murphy’s Understanding Money MechanicsAdam on X: @Rerazer Bob on X: @BobMurphyEcon The Bob Murphy Show: Adam’s other podcast: Natural Order Podcast This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit hamannature.substack.com/subscribe

A little while back, the Netflix mini-series “Adolescence” was all the rage. From a right-wing perspective, there were all manner of reasons given to be critical of the show, and many people just wrote the series off for that reason. Was the criticism justified? Why or why not? Adam Haman and Charles Melchin dive in and get to the bottom of the controversy! 00:00 — Intro. Does Netflix’s “Adolescence” suck? “On-call curmudgeon” Charles sez it does. Adam isn’t so sure. 02:21 — Adam plays the trailer for the 4-part series and describes the political controversy over “Adolescence”. 08:27 — Does “Adolescence” work as a piece of art, independent of any political issues? 18:40 — What does “Adolescence” say about our society? Does it hit the mark and say something meaningful, or is it just a crappy piece of political propaganda? 46:23 — A piece of art is one thing. The way the creators and critics describe the art is a completely different thing. Sometimes art isn’t completely understood even by those who made it. 1:15:46 — Outro. Thanks for watching Haman Nature! Haman Nature articles mentioned: ”Go ahead, keep treating boys and men like they are inherently garbage. What could go wrong?””The War on Boys has predictable, devastating, and murderous consequences.” Adam on X: @Rerazer Adam’s other podcast: Natural Order Podcast This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit hamannature.substack.com/subscribe

On this crossover episode, economist Bob Murphy and professional gambler Adam Haman expand their “literary” analysis series into the cinema with one of Adam’s favorites: The Big Kahuna, starring Kevin Spacey, Danny Devito, and Peter Facinelli. Warning: There will be spoilers galore! Enjoy! 00:00 — Intro. Adam just loves giving Dr. Bob Murphy work assignments. This week: The Big Kahuna! 01:44 — Adam breaks down the details of this film from 1999 and what it means to him. 07:51 — Bob gives his initial thoughts. Is this movie... worthy? Also, does Bob owe Adam $500 bucks? 21:50 — Clip 1: A tiger plays with a kitten... kinda. 38:50 — Clip 2: Phil (DeVito) tells of a dream he once had about God. What on earth does it mean? 53:43 — Clip 3: Larry (Spacey) has some choice words for Bob (Facinelli) about his behavior. 57:07 — Clip 4: What’s the worst thing one person can tell another? 1:01:44 — Clip 5: Phil (DeVito) speaks to Bob (Facinelli) about character - or the lack thereof. 1:10:55 — Outro. Thanks for watching Haman Nature! Sponsor mentioned: https://theswanbrothers.com/cross Adam on X: @Rerazer Bob on X: @BobMurphyEcon The Bob Murphy Show: Adam’s other podcast: Natural Order Podcast This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit hamannature.substack.com/subscribe

Welcome to the fifth episode of Adam and Tyrone’s exploration of the great book, Economic in Three Lessons by Hunter Lewis! Henry Hazlitt’s masterpiece has been upgraded, and here on Haman Nature we will guide you through the entirety of this great new book on economics! (links to earlier episodes below) 00:00 — Intro. What up, my cronies! Three is almost always better than one! 03:24 — Let’s read Lesson Three: Enemies of the Free Price System, Chapter 10: Crony Capitalism! How should we feel about using the term “capitalism”? 18:55 — It’s the same story across time and place. England, France, China, wherever, cronies exist to control and steal. Public Choice Theory is always operative. 21:48 — Let’s read Lesson Three: Enemies of the Free Price System, Chapter 11: Laissez-faire Contra the Cronies! 30:22 — Even a little bit of freedom usually outstrips cronyism! Which raises the question: how rich could we all be without such corruption? 32:37 — Let’s read Lesson Three: Enemies of the Free Price System, Chapter 12: Today’s Crony Capitalism! Who says we can’t learn (all the wrong lessons) from the past?! 47:34 — What are the modern effects of cronyism? How does fiat money make it all worse? 49:44 — Outro. Thank you for watching Haman Nature! (Easter egg: Fun with pronouncing words!) Book mentioned: Economics in Three Lessons by Hunter Lewis: Economics in 3 Lessons playlist: Adam’s other show: Natural Order Podcast This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit hamannature.substack.com/subscribe