4.7 • 11.2K Ratings
🗓️ 20 March 2020
⏱️ 75 minutes
🧾️ Download transcript
Joshua and Ryan discuss the appropriate preparation and response to societal crises with the Director of Entrepreneurial Education for the Foundation for Economic Education, T.K. Coleman, and they answer the following questions:
Are we preparing needlessly for problems that won’t exist? (07:11)
How does the free market respond to a crisis? (09:56)
Why aren’t there sufficient tests for COVID-19? (21:11)
Are there some countries that are handling the pandemic better than the United States? (23:09)
Why does tribalism often take precedence over community? (35:22)
Is government incompetence and overregulation just as harmful to our health as the virus itself? (44:32)
Are some government regulations appropriate and helpful? (47:31)
How can we effectively use incentives instead of regulations? (52:38)
How effective are masks and respirators against the virus? (1:06:42)
Detailed show notes: minimalists.com/podcast
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0:00.0 | It's focused on backwards. |
0:30.0 | Hello patrons. It's time. We're here to talk about the coronavirus. We're here with TK Coleman. You could find him at tkcoma.com. |
0:41.0 | This is a Patreon only episode usually. We put it behind our paywall for the folks who really support us there on Patreon. |
0:48.0 | We dive deep during these maximal episodes. We're going to dive deep today talking about the coronavirus, talking about pandemics, talking about crises. |
0:57.0 | We want to put this in the main feed as well. Before we do that I want to say thank you for being a Patreon supporter. If you are a Patreon supporter, your $2 goes much farther than you realize. |
1:10.0 | You are paying for Sean and all his kids and Jordan, he probably has kids. He doesn't know about. |
1:18.0 | He also gests and her family and of course us. It allows us to pay for the studio space, all the equipment. We keep our podcast 100% advertisement free. We think advertisement sucks. |
1:29.0 | They are a big part of the problem. We don't want to be part of the noise. We don't want to talk about mattresses or postage. |
1:39.0 | Is that the end-of-oag thing to advertise now postage? |
1:43.0 | Mark Maren's new special called In Times Fund. He makes fun of Rogan advertises. He advertises himself. He goes on more of a stamps.com guy. |
1:57.0 | We don't do the advertisers. Thank you for your support. It really does go a long way. If you are not a supporter and you want to support us especially during these trying times, you can do so at www.theminamlists.com slash support. |
2:09.0 | You can become a regular supporter. You get a maximal episode every single week. It's a longer, much more personal, much deeper dive every week. |
2:19.0 | It's a separate endeavor from the regular podcast. The minimalist private podcast. What you are listening to right now is the minimalist private podcast. |
2:29.0 | TK, I wanted to start with this article. We have this little on the maximal episodes. We do something called More About Less. We use an article that is sort of a, he dis-coffed again. |
2:39.0 | I didn't cough. I could not. I'm not paranoid. |
2:44.0 | I'm leaving. We use an article as a jump off point to discuss some things. In this article, my doctor sent to me yesterday. It's sort of this aggregate. We'll put a link to it in the show notes. It's on a blog called The Slate Star Codex. |
3:00.0 | This guy writes a blog here that, well, it's covering this particular blog post is called Coronavirus Links Speculation Open Thread. |
3:11.0 | It has these different topics. The first topic is prepping. He says, for a description of why you might want to prep, see this blog post here, for a description of how to prep, see this article by Kelsey here, for a really intense guide by a professional prepper, see here. |
3:29.0 | There's such a thing as being too intense. People often ask us about, what about preppers or how much should I have prepared during the minimal episode, Ryan, you were talking about Justin Kase versus Just For When. We have these two rules and the minimalist rule book. |
3:47.0 | It's so important to be able to decipher between the two. |
3:50.0 | Because we can justify anything. That's what's causing this panic right now. People are going to target or Walmart or wherever. I need this just the case because I see everyone else doing it. |
4:01.0 | That mob mentality is causing everyone to panic. It has created its own sort of metaphorical zombie apocalypse because we are now the zombies, we're behaving like zombies. |
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