It has been many months since I last listened to them and there are probably many details I missed on my 2nd listening. I want to go through it sometime and take notes as I'm listening and mark down each timestamp of important topics covered in each lecture. So much good useful info and the fact its coming from a Nobel Prize winner from the 80s talking about things that are deemed recent "conspiracy theories" is just the cherry on top to send to normies.
But my favorite story by far was the story of the founding of National Biscuit Company and how a bunch of suits who probably inherited their cookie business from grandma all got together so they could start a monopoly of the cookie industry.
Every time they had over 70% of the market they shut down the factories and upped their prices. Suddenly out of nowhere armies of grandmas came out of the woodworks and started their own cookie companies. Nabisco would then have to start production up again and buy out all the companies to get a monopoly again. But alas every time they had a monopoly, grandmas kept pouring in with family recipe cookie start ups. Nabisco eventually ran out of money and got bought out. Government doesn't regulate how a cookie is made and this is why Nabisco could never hold on to a monopoly.
Another fantastic story is on the FDAs founding by Teddy Roosevelt and the first Head Chemist of the FDA Harvey Wiley
https://www.wikipedia.org/wiki/Harvey_Washington_Wiley
Harvey Wiley was a researcher who was heavily saturated with money from the sugar industry, publishing studies in their favor. As his first act as head Chemist of the FDA he outlawed Saccharine, the first sugar free substitute to take out sugar competition.
Well it just so happened that Teddy Roosevelt loved to put Saccharine in his tea/coffee every morning. One day he finds out he can't buy Saccharine anymore. When he finds out its because of the FDA he just founded he goes apeshit and fires Harvey Wiley...
And that is how the FDA started...
It has been many months since I last listened to them and there are probably many details I missed on my 2nd listening. I want to go through it sometime and take notes as I'm listening and mark down each timestamp of important topics covered in each lecture. So much good useful info and the fact its coming from a Nobel Prize winner from the 80s talking about things that are deemed recent "conspiracy theories" is just the cherry on top to send to normies.
But my favorite story by far was the story of the founding of National Biscuit Company and how a bunch of suits who probably inherited their cookie business from grandma all got together so they could start a monopoly of the cookie industry.
Every time they had over 70% of the market they shut down the factories and upped their prices. Suddenly out of nowhere armies of grandmas came out of the woodworks and started their own cookie companies. Nabisco would then have to start production up again and buy out all the companies to get a monopoly again. But alas every time they had a monopoly, grandmas kept pouring in with family recipe cookie start ups. Nabisco eventually ran out of money and got bought out. Government doesn't regulate how a cookie is made and this is why Nabisco could never hold on to a monopoly.
It has been many months since I last listened to them and there are probably many details I missed on my 2nd listening. I want to go through it sometime and take notes as I'm listening. So much good useful info and the fact its coming from a Nobel Prize winner from the 80s talking about things that are deemed recent "conspiracy theories" is just the cherry on top to send to normies.
But my favorite story by far was the story of the founding of National Biscuit Company and how a bunch of suits who probably inherited their cookie business from grandma all got together so they could start a monopoly of the cookie industry.
Every time they had over 70% of the market they shut down the factories and upped their prices. Suddenly out of nowhere armies of grandmas came out of the woodworks and started their own cookie companies. Nabisco would then have to start production up again and buy out all the companies to get a monopoly again. But alas every time they had a monopoly, grandmas kept pouring in with family recipe cookie start ups. Nabisco eventually ran out of money and got bought out. Government doesn't regulate how a cookie is made and this is why Nabisco could never hold on to a monopoly.