Many have noticed the cost of food and gas prices rising. Are we headed for skyrocketing inflation? And will global supply chain issues affect our holiday gift giving this year? Newt’s guest is David Beckworth, he is a Senior Research Fellow at the Mercatus Center at George Mason University and former economist at the Department of the Treasury.

 Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Many have noticed the cost of food and gas prices rising. Are we headed for skyrocketing inflation? And will global supply chain issues affect our holiday gift giving this year? Newt’s guest is David Beckworth, he is a Senior Research Fellow at the Mercatus Center at George Mason University and former economist at the Department of the Treasury. Learn more about your ad-choices at <a href="https://www.iheartpodcastnetwork.com">https://www.iheartpodcastnetwork.com</a>

Join Newt Gingrich, former U.S. Speaker of the House and Ph.D. historian, for the most diverse, informative, and entertaining podcast available. Every episode is an education.

Join Newt Gingrich, former U.S. Speaker of the House and Ph.D. historian, for the most diverse, informative, and entertaining podcast available. Every episode is an education.

Newt's World

Episode 312: The Economy - Inflation

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/ae1311b1-f4c2-45b9-80e2-ae2701734ac2/transcript

On January 9, 2007, Steve Jobs walked onstage and declared three "revolutionary" products were actually one: the iPhone. Newt closes his 15-part series with the invention that fused the telephone, the transistor, the internet, GPS, and the camera into a single device now carried by six billion people—three-quarters of humanity. From the App Store's trillion-dollar economy to the industries it upended outright, the smartphone is where every earlier episode converges. Newt closes the series by reflecting on 250 years of American inventors who were told it couldn't be done—and built it anyway.

On January 9, 2007, Steve Jobs walked onstage and declared three "revolutionary" products were actually one: the iPhone. Newt closes his 15-part series with the invention that fused the telephone, the transistor, the internet, GPS, and the camera into a single device now carried by six billion people&mdash;three-quarters of humanity. From the App Store's trillion-dollar economy to the industries it upended outright, the smartphone is where every earlier episode converges. Newt closes the series by reflecting on 250 years of American inventors who were told it couldn't be done&mdash;and built it anyway.

Episode 1029: Greatest American Inventions — The Smartphone

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/4e86aa0c-d381-4dc4-8a7d-b49f01505e10/transcript

By the mid-1990s, the web was drowning in pages and starving for a way to find anything useful. Newt tells how two Stanford PhD students, Larry Page and Sergey Brin, had a better idea: rank pages by how the web itself linked to them. Their algorithm, PageRank, became Google—incorporated in a Menlo Park garage with a $100,000 check written to a company that didn't legally exist yet. From 10,000 daily searches to 8.5 billion today, this episode traces how an intellectual question about information became a two-trillion-dollar company, and a case study in curiosity preceding value.

By the mid-1990s, the web was drowning in pages and starving for a way to find anything useful. Newt tells how two Stanford PhD students, Larry Page and Sergey Brin, had a better idea: rank pages by how the web itself linked to them. Their algorithm, PageRank, became Google&mdash;incorporated in a Menlo Park garage with a $100,000 check written to a company that didn't legally exist yet. From 10,000 daily searches to 8.5 billion today, this episode traces how an intellectual question about information became a two-trillion-dollar company, and a case study in curiosity preceding value.

Episode 1028: Greatest American Inventions — The Internet Search Engine

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/7b4937eb-1e2c-4a61-9044-b49b012bd407/transcript

For most of human history, seeing inside a living body meant surgery. Newt tells how Dr. Raymond Damadian and physicist Paul Lauterbur turned 1940s nuclear magnetic resonance research into the MRI scanner—a machine that images soft tissue in astonishing detail without radiation or a single incision. From Damadian's hand-built "Indomitable" scanner to today's 40 million annual U.S. procedures, this episode traces how basic physics research, conducted with no medical purpose in mind, became one of medicine's most powerful diagnostic tools—and examines the controversial Nobel Prize snub that still stings decades later.

For most of human history, seeing inside a living body meant surgery. Newt tells how Dr. Raymond Damadian and physicist Paul Lauterbur turned 1940s nuclear magnetic resonance research into the MRI scanner&mdash;a machine that images soft tissue in astonishing detail without radiation or a single incision. From Damadian's hand-built "Indomitable" scanner to today's 40 million annual U.S. procedures, this episode traces how basic physics research, conducted with no medical purpose in mind, became one of medicine's most powerful diagnostic tools&mdash;and examines the controversial Nobel Prize snub that still stings decades later.

Episode 1027: Greatest American Inventions — The MRI Scanner

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/c555e4ba-8e28-4704-8a0d-b49b01274730/transcript

Episode 312: The Economy - Inflation

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