Episode 66 – Monetary Mayhem with Joseph Sternberg
Saving Elephants | Millennials defending & expressing conservative values
Release Date: 08/25/2020
Roundtable - Should We Uncap The House?
Saving Elephants | Millennials defending & expressing conservative values
What if we can agree on the political solution, but we disagree on whose side is most likely to benefit? Congress is broken. On this we can all agree. One of the more interesting reform ideas to emerge is the call to expand the number of Representatives in the United States House, thereby making it more likely Representatives could actually, you know, represent their constituents. This idea seems to have some bipartisan appeal and is championed by voices on both the Left and Right. But doesn’t it stand to reason that any reform to the system is bound to favor one side over...
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203 – Historizing Conservatism with George Nash
Saving Elephants | Millennials defending & expressing conservative values
In 1976 historian George H. Nash wrote , a celebrated historical accounting that established much of the narrative for how we think about the development of modern conservatism even today. But much has changed since the seventies. What can the history of conservatism tell us about this present moment, and what can it tell us about where things may be heading? Dr. Nash joins Saving Elephants host Josh Lewis to unravel the past, present, and future of conservatism in the United States. About George H. Nash George H. Nash is the epitome of a gentleman and a scholar. ...
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202 – How to Get What You Want with Josh Bandoch
Saving Elephants | Millennials defending & expressing conservative values
Persuasion seems conspicuously absent from our politics. Not shouting, denouncing, or trying to convince the “other side” that they’re wrong, evil, or both. But the good faithed attempt to reach the hearts, minds, and emotions of others and persuade them to our point of view. Why? Why is persuasion so hard? And is it even possible to persuade in an era of political polarization? Saving Elephants host Josh Lewis welcomes fellow “Josh”—Josh Bandoch—on the show to discuss his latest book, , and to explore how persuasion can engage with how the...
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201 – All Things China with Lu
Saving Elephants | Millennials defending & expressing conservative values
Sometimes the best way to understand one’s culture is to compare it with something entirely different. In this episode Saving Elephants host Josh Lewis take a deep dive into China with Chinese dissident Lu of the YouTube channel . Lu demystifies what the Communist Chinese Party (CCP) wants, why they fear Taiwan, how they view the ethnic Han population, why they work so hard to cover up the history of the Tiananmen Square massacre when far more people died in the great famine and the cultural revolution, and just who the heck is this “professor” Jiang Xueqin who’s been all over...
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200 – Is the GOP Worth Saving?
Saving Elephants | Millennials defending & expressing conservative values
This month marks eight years of Saving Elephants tirelessly calling the GOP back to its classical conservative roots instead of the cult-of-personality nationalist populism to which the party has succumbed. And over these past eight years...things have only gotten worse. Saving Elephants host Josh Lewis assembles an all-star panel to answer the question: is the GOP worth saving? Meet the Panelists: Shawn Whatley Shawn Whatley hosts , a weekly podcast focusing on political ideas, culture, and news. Shawn, MD, is a seasoned physician leader with experience in emergency...
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199 – Getting Friendly with John von Heyking
Saving Elephants | Millennials defending & expressing conservative values
Friendship is one of the last words you might associate with politics these days. Yet John von Heyking believes recovering a proper, classical understanding of friendship is precisely what our civic order needs to function. Saving Elephants host Josh Lewis and John discuss the differences in how the ancients and medievals viewed friendship and how it’s been undervalued by us moderns. They also discuss the important need for civic education and why America has to import Canadians like John to teach American civics. About John von Heyking Bio from John von...
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Roundtable - POTUS War Powers
Saving Elephants | Millennials defending & expressing conservative values
It's been nearly a month since Supreme Leader Khamenei and his gathered Legion of Doom were killed in the Trump administration's "special military operation" in Iran. So, are we at war with Iran now? If so, what's the objective? Isn't Congress supposed to declare a war before a president takes things this far? What are the necessary and practical limits on a president's wartime powers? We covered all of this and more in the latest Saving Elephants livestream. The panelists include: · JB Shreve – Host of ...
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198 – Conservative Cagematch – Burke vs Strauss
Saving Elephants | Millennials defending & expressing conservative values
Ever since Leo Strauss published his magnum opus , which ends by heavily implying Edmund Burke opened the door for the evils of historicism in the modern world, a great fissure in conservative nerddom erupted between those who align with either titan. Were Strauss’ criticism of Burke warranted? Did Burke disavow natural rights and pave the way for the evils of authoritarianism, fascism, Marxism, and progressivism to come? Does a careful, esoteric reading of Natural Right and History reveal the Strauss secret family chili recipe? Saving Elephants has assembled an all-star panel to answer...
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197 – Defending Wonks with Nic Dunn
Saving Elephants | Millennials defending & expressing conservative values
While Saving Elephants is dedicated to offering the conservative intellectual tradition in mercifully modern vernacular, fellow podcaster Nic Dunn has been on a similar mission: making the work of policy institutions more digestible. Nic joins Josh for a conversation around the important role policy can play in defusing political tension, alleviating poverty, and expanding the freedom and opportunities all Americans seek. About Nic Dunn Bio from Nic Dunn serves as Vice President of Strategy and Senior Fellow at Sutherland Institute. As VP of Strategy, Nic oversees the...
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196 – Crossing the Danube with Calum Nicholson
Saving Elephants | Millennials defending & expressing conservative values
For good or ill, the post World War II era built by the Baby Boomers seems to be rapidly coming to an end. But what will replace it? What might be done to prevent global conflicts and bloodshed as the old order begins to break down? And what should younger conservatives seek to conserve in this era of chaotic change? Joining Saving Elephants host Josh Lewis is Director of Research at the , Calum Nicholson to share how the Anglosphere often misunderstands the way the rest of the world thinks and how that might help us better prepare for what’s ahead. About Calum...
info_outlineStephanie Kelton’s book The Deficit Myth released in June was just the latest in a series of books, blogs, articles, podcasts, and videos extoling the virtue of Modern Monetary Theory (or “MMT”). We’re told that governments that have sovereignty over their currency can afford a wide array of social programs from entitlement expansion to generous welfare benefits to the Green New Deal. Leftist are ecstatic that they finally have an answer to the Right’s persistent question “how are you going to pay for all this stuff?”
But is MMT sound monetary policy? For that matter, what is monetary policy? What did famous economists like Milton Friedman and John Maynard Keynes have to say about monetary policy? Was it a mistake for America to get off the gold standard? What is the Federal Reserve, and why can’t they seem to leave the interest rate alone? Do deficits matter? If so, how?
For most, monetary policy may sound like a subject that’s dreadfully complicated or—far worse—boring. Yet this opaque subject matter is very important to our economic wellbeing. In fact, bad monetary policy greatly exacerbated economic downturns to the point of creating The Great Depression and The Great Recession. Sound monetary policy benefits us all, and it’s imperative we understand what sound—and not so sound—monetary policy looks like.
Returning guest and friend to the podcast Joseph Sternberg joins Josh in a discussion on monetary policy that’s both digestible and engaging. We last heard from Joseph in episode 35 when he dropped by to discuss his book The Theft of a Decade: How the Baby Boomers Stole the Millennials’ Economic Future.
Joseph is a member of the editorial board of The Wall Street Journal, where he writes the Political Economics column. He joined the Journal in 2006 as an editorial writer in Hong Kong, where he also edited the Business Asia column. He currently lives in London. He graduated from The College of William and Mary in Williamsburg, Virginia with an economics major.