. >> byu. >> byu in hawaii. >> yes. brigham young. your co-author is to? >> marion tupy a senior fellow at the cato institute. >> what is an example you use through the book? >> remember, we buy things with money. we really pay for them with time. if you buy something you're like, i will go earn the money and then by this thing. we said, we buy things with money and we pay for them with time. we measure things in dollars and a sense. we can also measure things in hours and minutes. a pizza, for example, costs $20. i am earning 40 -- $40 per hour. the pizza costs 30 minutes. that is the time price. everything gets converted from money to time. that has four benefits. time has four benefits over money. the first benefit is you don't have to worry about making adjustments for nominal dollars in real dollars. it avoids the whole inflation issue. all of the cpi, all of these adjustments that we try to make as economists, to adjust that to some real number. you can avoid all that confusion. go straight to the time price. the second advantage is once you have dev

. >> host: you teach economics at baylor -- >> guest: byu. >> host: byu in hawaii. at brigham young. and your co-author is who? >> guest: marian tupy. she's a senior editor at cato institute with human progress. >> host: and wondered if there is that you talk about is time pricing. what is that? >> guest: okay, great. trent what is the example you use throughout the book? >> guest: first of all, remember that we buy things with money that we really pay for them with time. right? when you buy something it's like i have to go earn the money, take the money and buy this thing so what we said is if we buy things with money and we pay them with time, can we measure things and we can measure things in dollars and sense but we can also measure things in hours and minutes. if the pizza costs $20 and i'm earning $40 an hour, that pizza cost me 30 minutes. so that's the time price. everything that gets converted from money to time and it really has four benefits. time has four four benefitr money. the first benefit is is you don't have to worry about making adjustments for no

. >> byu. in hawaii. at brigham young. your co-authors who?> marion is a senior editor editor at cato institute on human progress. >> host: one of the theories that you talk about what is it? >> example used throughout the book. >> first of all remember we buy things with money that we really pay for a time,e, right? we buy is something i've got to go earn the money to make them money and money and buy this thing. we buy things with money and we pay for them with time. can we measure things -- we couldn't measure things in dollars and cents. we can also measure things and hours and minutes. if pizza cost $20 and i am earning $40 an hour pizza cost me 30 3 minutes. everything then gets converted from money to time. it really has four benefits time has four benefits over money. the first benefit is you do not have to worry about making adjustments for nominal dollars in real dollars. you can avoid the whole inflation issue. the cpi and all of these adjustments were made as a communist to adjust back to some real numbers. you can avoid all that c

liberty wins. 38 24 byu's mascot named cosmo.ld all get on his workout program going airborne on the push-ups up some tables who thinks of this stuff. he's gonna end this thing with an absolutely tremendous dismet after a one-handed push-up look at the strength here backflip. cosmos crazy somehow here in october the giants were still clinging to a remote possibility of making the playoffs, but they would have needed to win out and hope for philly's losses giants hosting the d-backs. i wonder if mad bum is drinking hunter pence's coffee brand here the d-backs didn't leave much. hope they put it away with the four run seventh jock peterson can't make the diamond catch on the sergio on alcantara to run double snakes go up eight two play. the game comes in the bottom of the eighth lemont way junior with the foul ball. it goes into the cove and it is just right there for the kayakers all they have to do is just reach the ball, but the struggle the struggle is just really these days they're trying so hard to get it but you know if you

and the harvard of utah, byu. that should get a bigger laugh than that.laughter] susan: william doyle, what are your reflections on their relationship? mr. doyle: well, they enable each other to do great things, to pass major legislation and health-related issues. that was a great american partnership. they spent a lot of time yelling and screaming at each other. i think the screaming was usually on ted kennedy's part, because he was very good at that. he could work himself into a very theatrical, veins bulging. in fact, in the state children's health insurance program, one of their greatest achievements, ted kennedy -- this was to help millions of poor american families afford health insurance for their children. this program started in the 1990's. by hatch and kennedy. it continues today. it is run through the states. orrin hatch said no, ted, don't make it a big new title meant. let's run it through the states pay for it with a new tax on cigarettes. now, orrin hatch could say that because in utah people do not smoke as much as they do elsewhere in the

so those freeman and the and leave were enliostened byu the governmen to labor as cooks and other types of labor. at some of these men were listed in the parole. if you look at the parole list, you can find examples of african american men who are listed, but in other accounts, we have men that are writing home about bringing their body servants. their enslaved men home with him. so, i tried to tease the story out as much as possible. what did it mean to be an enslaved person? were you free at appomattox? and the short version is, no. not necessarily. one of the really interesting things, grant says nothing about the enslaved men and to a lesser extent, probably a handful of women, that were with leads army. he does address this at vicksburg, but the war is still going on. there seems to be this assumption that with the emancipation proclamation and seemingly union the cute wreath, that slavery will come to an end. all along the route home there are examples of confederates that are forcing in slaved men and women to and company them to help them. they are hiding slaves. there is someon

an impressive display of athleticism for byu mascot. cosmo check this out.yeah , that's cosmo doing pushups working his way up to some stacked tables. cosmo nails the first two levels struggling there on the third final level, but he eventually makes it there to the top, just to top it all off. he's like, yeah, i'm just going to do this backflip. wow. not too bad cosmo by you just show it off, saying i struggle with push ups without whatever the mascot costume is so kudos to but also have you seen cosmo do dance moves with the cheer team don't know he's got moves, and he's strong. that's awesome . something for the rest of us. thanks for joini hey, have you ever heard of the van nuys comic-con? yeah. it's a dinky little convention where they sell collectibles and get sad d-list celebrities to appear. why? i got asked to sign autographs there. that's awesome! is this for serial ape-ist? well, it could be for the monkey movie. it could be my hemorrhoid commercial. the list does not go on. when is it? it doesn't matter. i'm not doing it. what? why not? you just

. >> what about byu?yu game >> a cup vl been closer. >> i think our quarterback pine who was a second string who's starting has found his footing. >> did you have a review about the biden administration's -- >> i like to review before i make comments. >> you're so rare. >> i'm old school. >> you're against it. >> paul, we've loved having you here come back again soon. >> good to see you. >> nice to see you. >> call me. >>> coming up on the other side of this break, china dealing with a new covid outbreak. is the government preparing for this week's party congress that's going to set the direction for the economy for the next five year we're going to take you live to beijing. that's after this. ♪ ♪ wow, we're crunching tons of polygons here! what's going on? where's regina? hi, i'm ladonna. i invest in invesco qqq, a fund that gives me access to the nasdaq-100 innovations, like real time cgi. okay... yeah... oh. don't worry i got it! become an agent of innovation with invesco qqq - [narrator] if your busin