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Home > Words & Numbers > Episode 501: Blowing Bubbles


	Podcast:		Words & Numbers
	Episode:		Episode 501: Blowing Bubbles
	Category:		Education
	Duration:		00:47:16
	Publish Date:		2026-04-08 11:00:00
	Description:		We return after a brief hiatus to catch up on a whirlwind of recent headlines, from political drama to bizarre claims about aliens, before turning to the Supreme Court’s consideration of birthright citizenship and the broader question of executive power versus congressional authority. We examine how Congress has gradually ceded its responsibilities on issues like tariffs, war powers, and immigration, and what that means for the balance of power in government. We then head to Ireland, where one enterprising citizen used AI to track the true price of a pint of Guinness, before moving to Texas for our Foolishness of the Week, where a congressional race has taken an unusual turn as a candidate campaigns by performing at quinceañeras. Finally, we dive into financial bubbles, exploring how markets price uncertainty, why emerging technologies like AI attract massive investment despite unclear outcomes, and how bubbles function as part of the process of discovering what new innovations are actually worth. 00:00 Introduction: A Month of Chaos 02:43 Supreme Court, Birthright Citizenship, and Trump’s Presence 03:45 Executive Power vs Congressional Authority 06:16 Why Congress Keeps Ceding Its Power 09:09 Can a System This Large Even Function? 10:17 Ireland’s Guinness Price Investigation with AI 13:04 Foolishness of the Week: Texas Campaigning at Quinceañeras 16:04 Redistricting, Demographics, and Political Miscalculations 18:11 Financial Bubbles and Why Economists Ignore Them 19:17 The “Real Economy” vs Financial Markets 22:24 Pricing the Unknown: Cars, Dot-Coms, and AI 24:56 AI Investing, Speculation, and Bubble Pricing 26:53 AI as the Next Internet and Technological Integration 30:53 Amazon, Spillover Innovation, and Unexpected Winners 37:22 Consumer Power, Corporate Fear, and Market Discipline Learn more about your ad choices. Visit podcastchoices.com/adchoices
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