What Happens When a Country Stops Telling the Truth About Itself? — Transcript
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- 0:00Megan, you've now officially been
- 0:01working in new media too long because
- 0:03you said there's a lot of reasons for
- 0:05wellfounded doubts. I think you mean
- 0:07horseshit, and nonsense.
- 0:10>> I'm Megan [music] Connors.
- 0:11>> I'm Justin Wolfers. This is the
- 0:13professor is in. Think about this as
- 0:15office hours. Megan's walked into my
- 0:18office with your questions. My turn to
- 0:20answer.
- 0:23>> [music]
- 0:25>> You released a video earlier this week
- 0:27about a noncitizen voting report that
- 0:31was released by the Census Bureau. This
- 0:33report has been denounced by experts as
- 0:36being both politically motivated and
- 0:39extremely flawed. And you really dug
- 0:41into the wonky bit, explaining exactly
- 0:45how these numbers are likely explained
- 0:47by a combination of people matching
- 0:50errors and outdated citizenship records.
- 0:54Today, as always, I've got several
- 0:56follow-up questions I'd like to ask you.
- 0:58The first thing I want to do is talk
- 1:01about what might be the elephant in the
- 1:03room. And this is something that you
- 1:05didn't discuss in the video, but I think
- 1:07it's important to address. Even if these
- 1:10numbers turned out to be accurate or
- 1:12true, and we have a lot of wellfounded
- 1:15doubts about that, would they have been
- 1:17enough to sway the 2020 election?
- 1:22>> Megan, you've now officially been
- 1:23working in new media too long because
- 1:25you said there's a lot of reasons for
- 1:27wellfounded doubts. I think you mean
- 1:29horseshit, and nonsense. Also,
- 1:32I just want to say to folks, if you'd
- 1:34watched that earlier video, I probably
- 1:37looked really cranky. And I am. I am
- 1:40really cranky. I since I recorded that
- 1:42video, I just spent today whale watching
- 1:44just to calm down. And the whale has
- 1:46made me feel a whole lot better. In that
- 1:47video, let me just give folks a little
- 1:49bit of background. I think we tried to
- 1:51make two important points. one that when
- 1:54the Census Bureau, an official
- 1:55statistical organization that is meant
- 1:58to be independent, meant to have a
- 1:59nonpartisan head, that has had a a long
- 2:02and illustrious history of telling
- 2:05important truths and that has been
- 2:07devoted to measuring the truth and
- 2:09reporting the truth without fear or
- 2:10favor and no partisanship whatsoever.
- 2:12When it shifts to releasing propaganda,
- 2:16which it just did for the first time in
- 2:18its history, that's a moment. That's why
- 2:21I was mad. That is really, really
- 2:24important for folks at home to
- 2:26understand. I have been defending
- 2:28official numbers. That job just got a
- 2:29lot harder. I can't today say all
- 2:32numbers are nonsense. But what I can do
- 2:34is say this set was absolute nonsense.
- 2:37So that was the first point, which is,
- 2:39hey, hold on folks. Our government just
- 2:42moved down the same pathway as Greece
- 2:44and Argentina and Russia and all the
- 2:48tinpot dictatorships that start to have
- 2:50their statistical authorities become
- 2:52propaganda arms for the government. Hang
- 2:55on. Hold on to that. Care about that.
- 2:58Pay attention. Second thing we did in
- 3:00that video is I said, "Hey, this is not
- 3:01a trust me exercise. In fact, I'm an
- 3:04economics professor. I love it. It's a
- 3:06teaching opportunity. I can show you how
- 3:09numbers work so that you can see
- 3:12the fraud for yourself. So there's not a
- 3:15moment in there in which I say trust me.
- 3:17What I didn't do is address the
- 3:19politics. Maybe I should have. So great
- 3:22question. I'm happy to answer it. First
- 3:23of all, where does politics come from in
- 3:25this? This is a report written by a
- 3:28bunch of partisan hacks were brought
- 3:29into the Census Bureau. The Census
- 3:31Bureau put its logo on it. This is not a
- 3:33report about something apolitical like
- 3:37the number of new businesses started in
- 3:39Southeast Michigan in the fourth
- 3:40quarter. This is a report on the extent
- 3:43of voter fraud in the 2020 election. The
- 3:46other thing it's not is a forensic
- 3:47analysis where you actually find people
- 3:50who've done anything. It's a statistical
- 3:51exercise and it was published because of
- 3:54course the president is obsessed by his
- 3:56own lies about the 2020 election. And so
- 3:59the commerce secretary who runs the
- 4:01Census Bureau and the White House
- 4:03trumpeted this report as proof that we
- 4:05have widespread fraud in the 2020
- 4:08election. Even if it were true, and if
- 4:10anyone watches the video, they will
- 4:11know. There's no evidence that it is
- 4:14true, but even if it were true, this
- 4:16report made a claim that there were
- 4:1724,000 non-citizens who voted. As we say
- 4:20in the video, the reality is probably
- 4:22closer to zero, although there may be a
- 4:25handful of cases that the courts have
- 4:26found. How was that anywhere near enough
- 4:28to determine the 2020 election? Biden at
- 4:31one level won that election by I think 7
- 4:34million votes if you look at the popular
- 4:35vote. Uh and so 24,000 going to do some
- 4:38math, 24,000 is smaller than 7 million.
- 4:42Uh the other way that people count by
- 4:44how much you won the election was they
- 4:45look at the specific swing states. And
- 4:47so the important swing states in 2020
- 4:49were Arizona where Biden won by 10,000
- 4:53votes. And this report reckons that it
- 4:55found,00
- 4:57fraudulent votes. Georgia that Biden won
- 4:59by 12,000 votes. This report reckons 400
- 5:02of them were fraudulent. And Wisconsin
- 5:04that Biden won by 21,000 votes. This
- 5:06report reckons that 500 of them were
- 5:08fraudulent. The point is the claim which
- 5:11is audacious and outrageous that 24,000
- 5:14people voted who shouldn't is wrong.
- 5:16Even if it were true, the president's
- 5:18lie that any of this mattered at all in
- 5:21the 2020 election is nonsense.
- 5:24>> Thank you. I think that context is
- 5:25really helpful, particularly for people
- 5:26who may have not caught that other
- 5:28video. So, next I want to ask you if you
- 5:32think that there even is a responsible
- 5:36version of this report that could have
- 5:40come out, could have existed, and if so,
- 5:42what would it look like? So you can
- 5:44think about what the report's trying to
- 5:46do as actually being a sort of sub field
- 5:49of economics that I've been involved in
- 5:51that you might call forensic economics
- 5:53which is when there's wrongdoing
- 5:55sometimes it leaves footprints in the
- 5:57data. A very famous form of this is
- 5:59Steven Levit of freconomics fame found
- 6:01that sumo wrestlers were consistently
- 6:04cheating in some of their bouts letting
- 6:05their mates win when it mattered more to
- 6:07their mate than it does for them. If
- 6:08from sports, you might be aware of
- 6:10evidence that at the end of the season,
- 6:11if your team does badly enough, it gets
- 6:13higher draft picks and so basketball
- 6:15teams have a tendency to tank. That's
- 6:17not in the spirit of the game, but it
- 6:19leaves footprints in the data. I wrote a
- 6:21paper earlier in my career that showed
- 6:22that it looked like college basketball
- 6:25players were involved with point
- 6:26shaving. They would win the game, but by
- 6:28enough that if you bet against them, you
- 6:30would lose. So there's actually a
- 6:32respectable tradition of um Ray Fistman
- 6:35has a paper where he looks at exports to
- 6:37and from Hong Kong and if you look in
- 6:39one data set there's a lot and if you
- 6:41look at another data set there's not
- 6:42very much and it looks like tax evasion.
- 6:44So it's a very long and respectable
- 6:45history of saying when there is
- 6:47consistent widespread across the board
- 6:49cheating that leaves footprints in the
- 6:51data let's go look. So there's a way if
- 6:54one thought that there was a real risk
- 6:56that there was widespread voter fraud
- 6:58that one could go and look. The way one
- 7:00would have done that actually would have
- 7:02looked a lot like what the Census Bureau
- 7:03did, which is you would have found a
- 7:05bunch of people who voted and you would
- 7:07have tried to figure out how many of
- 7:08them show up on the citizenship records
- 7:10as being non-citizens. That's what the
- 7:12census report did. The problem in the
- 7:14census report is a very very well-known
- 7:16statistical problem which is when you go
- 7:18looking for very very rare events, you
- 7:20move from incredibly accurate to staring
- 7:22at the subset where the inaccuracy may
- 7:25turn out to be really really
- 7:26problematic. That's an example of this.
- 7:28And so what you would have had to have
- 7:29done is not only do this analysis where
- 7:31you say this person voted. Let me try to
- 7:33figure out whether they're a citizen.
- 7:34You would then say the next step which
- 7:36is given the possibility of mistakes in
- 7:39that linkage
- 7:41which would lead me to overstate it. If
- 7:44I made a range of statistical
- 7:46assumptions about those imperfections
- 7:48and how they played out, what would my
- 7:49conclusion look like? The Census Bureau
- 7:51doesn't give doesn't do that exercise.
- 7:53It just says 24,000 non-Americans voted.
- 7:56doesn't give enough background to do
- 7:58that exercise and they show no sign of
- 8:00having done that exercise. I can do that
- 8:02sort of roughly in my head for you. This
- 8:04is not a statistical estimate. This is
- 8:06experience and thinking about all of
- 8:08this. I think we learn from this
- 8:10analysis that somewhere between minus
- 8:15300,000
- 8:17and plus 400,000
- 8:19nonitizens voted. I think we know it
- 8:22couldn't have been a negative number. So
- 8:23therefore, we know it's between zero and
- 8:25a very large number. But I also want to
- 8:27remind you before this exercise, you
- 8:29knew it couldn't be lower than zero. And
- 8:31you knew you couldn't be certain no one
- 8:32was doing it. So when you do that
- 8:34exercise,
- 8:36honestly, you probably would have
- 8:37learned, and I want to be clear, those
- 8:39numbers were, you could either call them
- 8:41judgment or made up, but you very
- 8:44quickly learned that the entire exercise
- 8:45is uninformative.
- 8:47>> Yeah. There's a tradition that if what
- 8:49you do is you figure out something
- 8:50didn't happen, it's a it's good practice
- 8:52to publish the paper, but if you learn
- 8:54that there was no point writing the
- 8:56paper because the data is basically
- 8:57uninformative,
- 8:59you have to lead with that.
- 9:01>> Leading census statisticians
- 9:05study the data and realize there's no
- 9:07way that the available data could answer
- 9:09the question the president has. That's
- 9:11the responsible headline.
- 9:13>> And hopefully it would have at least one
- 9:16name on it. It would have an author.
- 9:18>> It would have reviewers. And the
- 9:20reviewers, if the authors messed up any
- 9:22of the things I just said, they would
- 9:24have insisted they put that stuff on.
- 9:26And those people would have been proud
- 9:27to be in the public domain having
- 9:29produced a sophisticated statistical
- 9:31product that helps the world, helps
- 9:33America understand itself a little more.
- 9:35So, another really interesting part of
- 9:37your video, it kind of comes closer to
- 9:39the end, is when you compare what
- 9:42happened here with what had happened
- 9:45earlier at the Bureau of Labor
- 9:47Statistics when they fired the BLS
- 9:50director a little over a year ago. And
- 9:52you note that the BLS guard rail that
- 9:54ultimately held, but this one at the
- 9:57census seems to have failed. Do you have
- 9:59any theories about what was maybe
- 10:02different in this case or what that
- 10:05tells us about how to go forward and
- 10:08protect other agencies?
- 10:10>> Yeah. And actually, it gets to a theme
- 10:11that we've talked about a lot at
- 10:12Platypus Economics, which is the
- 10:14importance of institutions. In order to
- 10:16get to that part of the story, I
- 10:17probably need to rewind because not
- 10:19everyone follows statistical melodramas
- 10:21at the level that you and I do, Megan.
- 10:23>> No,
- 10:24>> I mean a lot do. I know among your
- 10:26friends that's all anyone's talking
- 10:28about. Megan was a I I met Megan as a
- 10:31masters of public policy students. Let
- 10:34me explain the previous melodrama so we
- 10:36understand that the system did hold. One
- 10:38day the employment report comes out.
- 10:40Trump literally doesn't like the numbers
- 10:43so fires the commissioner in charge of
- 10:45the whole process not because the
- 10:47numbers were wrong but because he didn't
- 10:49like them. Now those numbers had already
- 10:51been published. So how should you
- 10:52interpret this? They think you
- 10:53understand this as a warning to everyone
- 10:55across the government that unless you're
- 10:57loyal and make sure nothing bad is ever
- 11:00published about the president, your
- 11:01job's at risk. That made front page news
- 11:03everywhere. And actually, I want to
- 11:04pause on that because
- 11:07the Bureau of Labor Statistics never
- 11:09actually was compromised, never produced
- 11:11a false number. What happened last week
- 11:13that made me so mad and the reason I
- 11:15made that video and the reason we're
- 11:16back here today is this hasn't been on
- 11:18the front page of any newspaper. This is
- 11:20actually worse. This is the system
- 11:23broke. This is our official statistical
- 11:25agency. There's not a hint of
- 11:26exaggeration in saying this is now
- 11:29producing propaganda for the president.
- 11:32There is no simple source of truth
- 11:34anymore. That is a profound
- 11:38shift in how democracies operate. Okay,
- 11:41so that's the first difference.
- 11:43Actually, this one happened the Census
- 11:44Bureau happened in the shadows,
- 11:46>> right?
- 11:47>> What happened over in the BLS is hit the
- 11:49front page of every paper. Then the
- 11:51president doubled down and nominated an
- 11:53absolute clown, a partisan hack by the
- 11:56name of EJ Anton whose only claim to
- 11:58fame is he knows nothing about bureaus
- 12:00labor or statistics. So they put him in
- 12:02charge of the Bureau of Labor
- 12:03Statistics. Well, they tried, but that
- 12:06position is a Senate confirmed position.
- 12:08Now all the uproar happened and still
- 12:10the Trump administration wanted to put a
- 12:12partisan hack who literally wouldn't
- 12:13have been able to be employed as an
- 12:15entry-level person within that
- 12:16organization. probably had applied and
- 12:18been rejected as a younger fellow. Trump
- 12:21persisted. Eventually, Lis, that's a
- 12:24Senate confirmed job. Eventually, Lisa
- 12:25Macowski, the senator from Alaska, sort
- 12:27of said, "Hey, man, this is nonsense.
- 12:29I'm not voting in favor of it." And
- 12:31Trump quietly withdrew the nomination.
- 12:34So, what mattered there is Senate
- 12:36confirmation and a less partisan
- 12:40senator, Macowski. So not one of the
- 12:44foaming at the mouth I will do whatever
- 12:46the president says types. She's one of
- 12:47the small number who's independently
- 12:49minded. That was enough. And
- 12:51subsequently and this didn't get
- 12:53reported enough though we did some a lot
- 12:55on the platypus economics. The
- 12:57administration realized the only way
- 12:58forward was to appoint someone who's
- 13:00serious and they appointed Brett
- 13:01Matsumoto who's a career statistician
- 13:03and exactly the sort of person who
- 13:05should be BLS commissioner and I believe
- 13:06he was actually confirmed last week. So
- 13:08the system held, but actually it only
- 13:11held because one senator was willing to
- 13:14stand up and say no. We have other cases
- 13:17where the system didn't hold. I might
- 13:19argue that appointing an antivaxer head
- 13:22of health and human services is at least
- 13:25as problematic. And I don't mean that in
- 13:27a partisan sense. I mean that in a I'm
- 13:30someone who believes in ground truth and
- 13:32that bloke doesn't. He likes to do cold
- 13:34plunges wearing jeans. So, Macowski made
- 13:37a difference. Senate confirmation made a
- 13:38difference. What didn't we have here?
- 13:40Well, Congress has actually said the
- 13:42Bureau of Labor Statistics must be
- 13:43headed by a statistical expert who has
- 13:46experience running, sorry, the Census
- 13:47Bureau must be headed by a statistical
- 13:50expert who has expertise and experience
- 13:52running large scale organizations. The
- 13:53last one resigned and they haven't
- 13:56appointed anyone. And if you don't
- 13:58appoint anyone, you don't need to go
- 13:59through Senate confirmation. So they put
- 14:01a partisan hack who is not a statistical
- 14:04expert but uh is a political appointee
- 14:07in charge of the census bureau. And so
- 14:09that's the end run around the Senate
- 14:11which is the White House now runs the
- 14:14Census Bureau. Now there's another layer
- 14:16of protection which is our public
- 14:18servants are good and serious people who
- 14:21have and particularly our statisticians.
- 14:23They're interested in truth rather than
- 14:24partisan nonsense. I know many many
- 14:26government statisticians. I don't
- 14:28actually know how any of them vote.
- 14:30might be the same as me, might be
- 14:31different, doesn't matter to them. What
- 14:33they care about is x-prime x inverse
- 14:35xprime y. They are deeply devoted to
- 14:39statistical truths. So, none of them
- 14:42would work on this report. None of them
- 14:44would sign it. But the acting census
- 14:47bureau director just brought in outside
- 14:48think tank hacks to write this nonsense.
- 14:51And my guess is the career staff stayed
- 14:54back. I was surprised. So, I didn't
- 14:56actually receive any calls from career
- 14:57staff, but they left plenty of clues
- 15:00that this was not business as usual.
- 15:02That's why there was no author, there
- 15:04was no reviewer. Normally, when you
- 15:06release a report, it's part of a report
- 15:08series. It was not one of those blah
- 15:10blah blah blah blah blah blah. I think
- 15:11what those two stories show you is the
- 15:13fragility of our institutions. In some
- 15:16sense, we were lucky that Macowski got
- 15:18in the way in this time. We were unlucky
- 15:20that the previous Census Bureau
- 15:21resigned. And Trump appears to have
- 15:23figured out or Howard Lutnik appears to
- 15:25have figured out he can have them
- 15:27manufacture propaganda as long as they
- 15:29don't actually put a serious
- 15:30statistician up who meets the
- 15:32legislative requirement. And again, the
- 15:34legislative requirement is independence,
- 15:37expertise, experience, none of which
- 15:39this blog has.
- 15:40>> I wonder if there's anything I don't
- 15:41know. I also feel like our news cycle is
- 15:45primed to give the BLS a lot of
- 15:46attention, right? Maybe it's because of
- 15:48just how regularly we get data from
- 15:50them, how many different Wall Street but
- 15:53other organizations are kind of always
- 15:55looking toward that. And I love the
- 15:57Census Bureau and I get excited
- 16:00[laughter] when the every 10 years the
- 16:02Census comes out and the you know the
- 16:04ACS, but I do think it's a little bit of
- 16:07a like unloved stepchild sometimes. I
- 16:10think that's right and it's a really
- 16:11important thing which is the
- 16:11unemployment numbers and the employment
- 16:13numbers come out every month
- 16:15>> that puts financial markets around the
- 16:16world staring at the Bureau of Labor
- 16:17Statistics. It puts the front page of
- 16:19New York Times and the Wall Street
- 16:20Journal reliably on the bureau. It means
- 16:23every financial and economics journalist
- 16:24is dealing with the bureau. The Census
- 16:26Bureau actually does the phone calls
- 16:29that lead to the unemployment rate. The
- 16:31bureau BLS pays them to do that. So
- 16:34actually a lot of the real work's going
- 16:35on at the Census Bureau. I love the fact
- 16:38that you love the Census Bureau. Megan,
- 16:40do you want to, you know, say a few
- 16:42words about your favorite? What is your
- 16:44love letter to the Census Bureau?
- 16:46>> I when I taught human geography, it is
- 16:49like the number one quantitative data
- 16:51source for human geographers. It was
- 16:54usually like the first week of lessons.
- 16:57We learned about what the census was. I
- 17:00remember in when I was in grad school
- 17:02for teaching, I was sent the American
- 17:05Community Survey, which is only sent out
- 17:06to like I don't know the percentage, but
- 17:08a certain number of people.
- 17:10>> Yeah. Okay. And it's the off years of
- 17:12the census. And I was
- 17:13>> the baby census.
- 17:14>> I was so excited. I was had two other
- 17:17roommates at the time and I was like
- 17:19forced them to do it. I felt so honored.
- 17:21But yeah, I just love how like both
- 17:23simple it is and how fundamental it is
- 17:25to basically every other data and
- 17:29statistic that we have to rely on in
- 17:31this country and our government and our
- 17:33businesses and everyday people um are
- 17:36able to look to it and rely on it.
- 17:39>> So I think that's right and actually it
- 17:40has an important constitutional role
- 17:42which is the counts how many people are
- 17:44in each state and therefore how many
- 17:46congressional representatives are in
- 17:47each state. So if it can't be trusted to
- 17:50tell the ground truth, our democracy is
- 17:52based on falsehoods.
- 17:53>> That's why we have defended this
- 17:56institution so stoutly for literally a
- 17:58couple hundred years. It is the
- 18:01foundation of our democracy and that's
- 18:04built upon truth and trust. And to see
- 18:08it subjugated this way. If they're going
- 18:11to lie today about whether citizens
- 18:13voted, are they going to lie tomorrow
- 18:15about how many congressional
- 18:17representatives should come out of
- 18:18Texas? And if that's the case, then are
- 18:20we back to being in a situation in which
- 18:22people in different states have to
- 18:24fight, use that word carefully, fight to
- 18:27get adequate representation
- 18:29in our United States. That's not a joke.
- 18:33That's what these wars are often about.
- 18:35Who gets what in the new country we
- 18:37elect to form together. And if you start
- 18:40to subvert some of that, you raise some
- 18:42very, very big and very expensive
- 18:44issues.
- 18:45>> That's basically my last question for
- 18:47you, but maybe you want to add something
- 18:49else. What is or are the long-term
- 18:53consequences you're most concerned about
- 18:56when it comes to this sort of
- 18:57manipulation and politicization of
- 19:00statistical institutions?
- 19:02>> So, I just gave one version of the
- 19:04story. It's not absurd to believe that
- 19:07once you start fiddling with these
- 19:08numbers, you start fiddling with
- 19:10congressional representation and the
- 19:12union itself unravels. That's I'm
- 19:16totally serious about it would be a long
- 19:18process. It would require immense
- 19:20distrust, but it fosters distrust as if
- 19:22the stakes didn't feel high enough.
- 19:24Secondly, I don't know any way any other
- 19:28way to say this, Megan, other than there
- 19:31is a truth in the world and I believe in
- 19:34it. Maybe one day I'm going to get old
- 19:36and adult and I'll start believing all
- 19:37sorts of fancible things about the
- 19:39world. But I do hope no one lets me run
- 19:41the country when I do that. And you know
- 19:43whatever world I happen to invent in my
- 19:46own head might be quite lovely. But I do
- 19:48hope we don't use that to make public
- 19:49policy. The point is there's no
- 19:51foundation other than truth. You can't
- 19:54solve a problem unless you can describe
- 19:56it truthfully.
- 19:58You can't fix something unless you know
- 20:01what a thing is. And our political
- 20:03discourse has become unmed from truth.
- 20:06And this is yet another symptom of that.
- 20:09So all of the good work that people like
- 20:11you do, Megan, as a former public policy
- 20:13student, as a former teacher, as a
- 20:15future policy maker, it only works if
- 20:17you start with the truth. Otherwise, all
- 20:19you're doing is feeding your own
- 20:20imagination and you're not actually
- 20:22helping anyone. And I think each of us
- 20:23is born in this world with a deep
- 20:25obligation to help others around. This
- 20:26really makes me mad. I'm now going to
- 20:29put the economist hat back on and just
- 20:31make the case a different way. We can
- 20:33list the club of countries where the
- 20:36leader points to the chief statistician
- 20:38and says, "Hey, you know what? Could you
- 20:40just make up some nonsense for me
- 20:42because I want to fool the electorate."
- 20:44And this again gets to the point. These
- 20:46statistics are fundamentally about
- 20:47democratic accountability. If in fact we
- 20:50did have high levels of illegal voting,
- 20:53we should fire the secretaries of state
- 20:55who allowed that. But if we didn't, we
- 20:59shouldn't because we want to keep
- 21:00highquality elections continuing in our
- 21:03future. So the quality of our elections
- 21:05is on the line. But let's think about
- 21:07the club of countries. So Argentina has
- 21:10falsified its inflation statistics for
- 21:12years. Who wants to invest money in
- 21:14Argentina when you don't know what the
- 21:16inflation rate actually is? Who wants to
- 21:18buy inflation index bonds from the US
- 21:21government, which is an important source
- 21:22of funding of our enormous national
- 21:24debt? If today they're lying about the
- 21:27election, tomorrow they could lie about
- 21:28the inflation rate. Greece blew up in
- 21:32our memories during the financial
- 21:34crisis. It blew up because its budget
- 21:36documents were basically being
- 21:38falsified. And at some point, everyone
- 21:40figured it out and said, "We don't want
- 21:41to hold Greek debt anymore." foreign.
- 21:43Greece had a wrenchingly painful
- 21:47depression. Russia does this. Tinpot
- 21:50dictators do it. So at the simplest
- 21:52level, just like list the club of
- 21:54countries that do this, Russia and
- 21:55Argentina and Zimbabwe and Greece and
- 21:58ask yourself, do you want to walk down
- 21:59that path and discover if we can be the
- 22:01only ones who get out of it? Okay. It
- 22:04seems pointless and dumb and like this
- 22:06is where Oh, you got me ranting now,
- 22:08Megan. But I'm going to admit something.
- 22:10I've become a small C conservative. I
- 22:12mean that I think the foundations of
- 22:15American prosperity are in the strength
- 22:16of our institutions. And if we were
- 22:18doing terribly, that would give us a
- 22:20really strong argument for let's rip
- 22:21everything apart, let's fire everyone at
- 22:23the Census Bureau, let's redraw the
- 22:25election districts, blah blah blah. But
- 22:27if instead we're the most prosperous
- 22:28country in the history of the world,
- 22:31then the chances that if we rip
- 22:32everything down, we end up better. That
- 22:34seems like a really bad bet. Look, I
- 22:36apologize to folks at home. I never want
- 22:37to rant about politics. I never want to
- 22:39tell you what your politics are, but I
- 22:41do want you to be aware of the dangers
- 22:43that this present moment give us all.
- 22:46You got anything to You must have
- 22:48thoughts here, mate.
- 22:49>> No, I mean, I think you I think you
- 22:50captured all of it. I think uh I I I I
- 22:54think we don't know, right? I almost
- 22:55can't imagine. It's just bad. I know
- 22:58it's going to be bad. Um
- 23:00>> you just want to wrap the whole thing in
- 23:01caution tape and say don't do this.
- 23:04>> Yeah. And and again, I mean, I think
- 23:05I've said this before, but it's like at
- 23:07a time when so many people want to be
- 23:10improving things, it feels like we're
- 23:11just gonna work have to work so hard to
- 23:13get back to where we were. So, so much
- 23:16repair. And I agree that this is one of
- 23:17the kind of scarier inflection points
- 23:21>> in a road full of them.
- 23:22>> Well,
- 23:22>> Megan, maybe you can tell me something
- 23:23really happy just to just to brighten us
- 23:26both up. [laughter]
- 23:28>> I can I'm going to share some
- 23:30statistics. This is from a census. I was
- 23:33on my whale watch today and I saw
- 23:35between 19 and 20 whales. And if folks
- 23:38at home have never been on a whale
- 23:40watch, the marvel, the the wonder of
- 23:43these amazing creatures, the beauty and
- 23:47the sense of our insignificance and the
- 23:50beauty of the world around us. Get
- 23:52yourself on a whale watch and rediscover
- 23:55your sense of wonder.
- 23:56>> And if you're at all seasick like me,
- 23:59make sure you bring some Dramamine. But
- 24:01I agree. I've been well I've been well
- 24:04watching. It is It is probably one of
- 24:06the most wondrous things you can see and
- 24:09do. That's for sure.
- 24:11>> And maybe our homework is each of us can
- 24:13discover a little bit of wonder in our
- 24:16own lives.
- 24:17>> You know, you go outside, you see the
- 24:18dandelion, and you realize every single
- 24:20one of them is a work of art. Now,
- 24:21Megan, I think you might have some news
- 24:23for us.
- 24:24>> I do. So, before we go, I wanted to
- 24:27share some news. This is actually my
- 24:30final episode of the professor is in. I
- 24:33have absolutely loved working with
- 24:36Justin helping get Platypus Economics up
- 24:39and running. I'm also really excited
- 24:42about some of our new team members,
- 24:44including one of our wonderful new
- 24:46producers, Augusta, who's going to be
- 24:47joining Justin with a series starting
- 24:50next week. I am going to be returning to
- 24:52my roots in education. Speaking of the
- 24:56importance of democratic institutions, I
- 24:59have long believed that America's public
- 25:01schools are one of its backbones of its
- 25:05democracy and its prosperity. And I'm
- 25:08actually going to be working with local
- 25:09public schools in my hometown of
- 25:12Jacksonville, Florida.
- 25:13>> I was so sad when Megan told me she was
- 25:16leaving. She's been part of Platypus. I
- 25:18just want to share this with the friends
- 25:19at home. Megan began this journey. She
- 25:22started working with me when she was a
- 25:23master's student and then we we met for
- 25:25coffee and we started plotting this
- 25:27crazy idea that became platypus
- 25:28economics and she's been there every
- 25:30step of the way and I did have a little
- 25:32cry when she told me she was leaving but
- 25:34the thing that made it okay is that
- 25:38you're off to make the world a better
- 25:39place and do the things you believe in
- 25:41and um Megan the hundreds the thousands
- 25:44of people the tens of thousands of
- 25:45people who've enjoyed having you as a
- 25:47part of this I get to channel everything
- 25:50they might feel and say just an enormous
- 25:53enormous thank you. You're an incredible
- 25:56talent. You're going to do amazing
- 25:57things for the world and um our
- 26:00community just wants to say a big thank
- 26:01you.
- 26:03>> Thank you. Thank you, Justin. Thank you
- 26:06to our audience and letting me join
- 26:09along for this. [music] Um I hope that
- 26:11you have enjoyed our episodes. I hope
- 26:13you have learned something.
- 26:16And I would be remiss as a producer if I
- 26:19didn't remind you to like and subscribe
- 26:22to Justin and Platypus Economics
- 26:25everywhere you can find us. We just hit
- 26:28100,000 subscribers [music]
- 26:29on YouTube. Very exciting there. And a
- 26:33thousand subscriber paid subscribers
- 26:34[music] on Substack. But if you'd prefer
- 26:37an audio only format, you can also find
- 26:39us on Apple Podcast, Spotify, wherever
- 26:43you listen to podcasts. Big thank you to
- 26:46the platter pals at home. [music] Huge
- 26:47thank you to you, Megan. And just a
- 26:49reminder, folks, stay curious. I'll see
- 26:52you next time.
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