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Michael Humpherys

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Lend Hoping Nothing PodcastLend Hoping Nothing PodcastEpisode 25: Acts, Contracts and Profit This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit lendhopingnothing.substack.com2025-07-2441 minLend Hoping Nothing PodcastLend Hoping Nothing PodcastEpisode 24: Contracts as Human Acts This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit lendhopingnothing.substack.com2025-05-1438 minLend Hoping Nothing PodcastLend Hoping Nothing PodcastEpisode 23: Response to Dr. Storck at SuroesteStorck’s original essay: https://revistasuroeste.cl/2022/05/27/nuestra-economia-usurera/My First Response: https://revistasuroeste.cl/2024/11/04/economia-justicia-y-caridad/Storck’s First Response: https://revistasuroeste.cl/2025/01/08/es-justo-cobrar-intereses/My Second Response: https://revistasuroeste.cl/2025/02/18/prestamo-a-interes-historia-y-concepto/Storck’s Final Response: https://revistasuroeste.cl/2025/04/09/una-controversia-acerca-de-la-usura/ This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit lendhopingnothing.substack.com2025-04-1429 minLend Hoping Nothing PodcastLend Hoping Nothing PodcastEpisode 22: American Maritain Association PaperProgram: https://static1.squarespace.com/static/5eda794851ef816b04d5f4d5/t/67c9efe2f61d8a23f92aa6a0/1741287394881/Program+Booklet+2025.pdfPaper: https://www.academia.edu/128758246/The_Intelligibility_of_Usury_Restitution_Adequation_and_Contracts This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit lendhopingnothing.substack.com2025-04-1434 minLend Hoping Nothing PodcastLend Hoping Nothing PodcastEpisode 21: Vix Pervenit This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit lendhopingnothing.substack.com2025-01-1350 minLend Hoping Nothing PodcastLend Hoping Nothing PodcastEpisode 20 - Usury, Restitution and Exchange This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit lendhopingnothing.substack.com2024-09-2436 minLend Hoping Nothing PodcastLend Hoping Nothing PodcastEpisode 19 - St. Alphonsus Liguori on Usury This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit lendhopingnothing.substack.com2024-09-061h 14Lend Hoping Nothing PodcastLend Hoping Nothing PodcastEpisode 18 - Story Time with Mike This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit lendhopingnothing.substack.com2024-06-2233 minLend Hoping Nothing PodcastLend Hoping Nothing PodcastEpisode 17 - Time Value of MoneyThis is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit lendhopingnothing.substack.com2024-05-3022 minLend Hoping Nothing PodcastLend Hoping Nothing PodcastEpisode 16 - The Metaphysics of MoneyThree Modern Functions (Plus One)* Medium of Exchange* Unit of Account* Store of Value* Established by Convention/LawAccount of Money* Necessity of exchange* Commutative Justice* Equality in exchange* How many shoes is a house?* Money enters as a measure of diverse goods* measure of human need or desire* Measure must contain that which it measures* Law - measures human behavior (definition of murder)* time - measures motion (clock)...2024-04-1031 minLend Hoping Nothing PodcastLend Hoping Nothing PodcastEpisode 15 - Irrealism of Bitcoin or BTC is BSThis is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit lendhopingnothing.substack.com2024-04-0122 minLend Hoping Nothing PodcastLend Hoping Nothing PodcastEpisode 14 - Financial Realism This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit lendhopingnothing.substack.com2024-03-2627 minLend Hoping Nothing PodcastLend Hoping Nothing PodcastEpisode 13 - A Realist View of Economic Value This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit lendhopingnothing.substack.com2024-02-2331 minLend Hoping Nothing PodcastLend Hoping Nothing PodcastEpisode 12 - Retirement & Investment: Facts and MoralityNota BeneI am not a financial or tax advisor. Take everything I say with a grain of salt and do your own research and find professionals for additional help.FactsOptions for retirement* 401k* Employer sponsored retirement account* Invest a percentage of salary* Typically involves an employer match of 3%-5% (https://www.fidelity.com/learning-center/smart-money/average-401k-match)* Invest in small set of mutual funds* IRA* Individual Retirement Account* Invest your money* Depending on...2024-01-2943 minLend Hoping Nothing PodcastLend Hoping Nothing PodcastEpisode 11 - Imam, Barnes & the Christian TraditionPerforming Intrinsic Evils * Meaning of Catholic Podcast - https://www.youtube.com/live/q8VDT1jbKRA?si=Lw_ZiD9GJC-qWSD8&t=3079* “Just because something is intrinsically evil does not necessarily mean you can never do it.”New Polity Shareholding Essay - https://newpolity.com/blog/should-christians-invest-in-the-stockmarketDeclaration that money is evil or has the appearance of evil* Jacob Imam’s Dissertation - https://ora.ox.ac.uk/objects/uuid:c1dbc396-a8de-49ec-9f0c-3bfd8e89f4c8/files/d1c18dg33r* Note: In the vi...2023-12-0733 minLogos PodcastLogos PodcastEconomics, Finance, and Loans | W/ Michael HumpherysThis week, Logos Podcast takes on a new topic of conversation, namely finance and economics. Credit cards, retirement, student loans, car loans, stock investments, and trust funds, what do these have to do with our living? Are they sinful? Are they good? A good American BETTER have these in place, damn it!Well, believe it or not, the Church has something to say about them, and we brought on independent researcher Michael Humpherys to help us develop the Church’s assessment of some of the financial matters at hand. How do our finances shape our liv...2023-12-0555 minLend Hoping Nothing PodcastLend Hoping Nothing PodcastEpisode 10 - Thinking about Property and ContractsThis is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit lendhopingnothing.substack.com2023-11-0315 minLend Hoping Nothing PodcastLend Hoping Nothing PodcastEpisode 9: The Real and Financial EconomiesWays in which the financial economy supports the real economy* Direct financing * Liquidity* Risk management This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit lendhopingnothing.substack.com2023-08-3125 minLend Hoping Nothing PodcastLend Hoping Nothing PodcastEpisode 8: Shareholding Part 2Introduction* Interest in speculation* Original NewPolity podcast* Saw mistakes about societas* Read Aquinas and saw more mistakes* Discussed with people on Twitter* Read NewPolity article and started reading citationsEssay* Four Arguments - ordered by authority* From Scripture* From St. John Paul II* From The Tradition* From Reason* From ScriptureA Christian should not own stocks any more than he should pursue individual wealth apart from work in any other area...2023-06-2351 minLend Hoping Nothing PodcastLend Hoping Nothing PodcastEpisode 7: Shareholding Part 1Introduction* Essay up on NewPolity’s blog: https://newpolity.com/blog/should-christians-invest-in-the-stockmarket* I wrote essay published in 4.2: https://newpolity.com/single-issues/vol-4-2* Marc wrote response to me* Interesting objections from essay in livestream recently put up: * I’ll address some of that here* Two part podcast* First deals with shareholding* Second deals with trading or speculationInitial Distinction* Evil per accidens vs per se* Per accidens - evil from intention or circumstances* Giving to poor...2023-06-1747 minLend Hoping Nothing PodcastLend Hoping Nothing PodcastEpisode 6 - Labor and WagesThis is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit lendhopingnothing.substack.com2023-05-2511 minLend Hoping Nothing PodcastLend Hoping Nothing PodcastEpisode 5: Why Usury is ImportantThree Reasons* Practical* Theoretical* TheologicalPractical* Usurers may be few, but borrowers suffering usury are many* Examples of usurious debt (personally secured loans for profit)* Credit cards* Pay Day Loans* Student loans* Car loans* Most mortgages* Impoverishes many people, e.g. student loan debt* Leads to hatred of the wealth not suffering the debt* Hatred of institutions involved in it, such as universities* Destabilizing force on the economy2023-04-2630 minLend Hoping Nothing PodcastLend Hoping Nothing PodcastEpisode 4: Why Usury is EvilIntroductionThe Current problem - many different positions* Usury is rent on money* Usury not present today* Thomas Woods - doctrine has implicit assumptions - https://archive.org/details/churchmarketcath0000wood* Destroys all moral doctrine* Thomas Divine, SJ - merely oppression of the poor, objective market rates prevent oppression of the poor - https://archive.org/details/interesthistoric0000thom* Doesn't account for consistent condemnation of usury against wealthy* Both fail to realize time preference as an excuse for usury was condemned by Innocent...2023-04-1327 minLend Hoping Nothing PodcastLend Hoping Nothing PodcastEpisode 3: Horn-Imam 401K DebateIs it generally immoral to invest in 401k's for retirement? w/ Jacob Imam Vs Trent Horn New Polity Blog Post: https://newpolity.com/blog/replies-to-trent-horn-401k This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit lendhopingnothing.substack.com2023-03-0736 minLend Hoping Nothing PodcastLend Hoping Nothing PodcastEpisode 2: What is the mutuum?Last Episode* Showed tradition definition is "exacting profit from a mutuum"* Three key terms: exacting, profit and mutuum* Exacting - obligating or requiring in the agreement* Profit - anything over the principle, increment, addition, superabundance* Here focus on mutuumWhat is the mutuum?* Great deal of disagreement* Loan for consumption - Belloc and McCall* Neither specifies mutuum, but takes this as the sort of loan where usury arises* Loan of fungibles* Fungibles as goods that can be...2023-02-1435 minLend Hoping Nothing PodcastLend Hoping Nothing PodcastEpisode 1: What is usury?* Introduction* Many divergent opinions* Taking advantage of the poor - Divine* Excessive rates in loans* Any surplus taken on a transaction - Pesch* Any interest on any loan* Interest on loans for consumption - Belloc, McCall* Scripture* Hebrew (Divine, 6) https://archive.org/details/interesthistoric0000thom* Masah: to take interest and to oppress* Nesek: to bite, oppress or take interest* Passages:* Exodus 22:25 - lend to the poor, oppress with usuries* Leviticus 25:35-37 - take...2023-01-1924 minAnd If Love RemainsAnd If Love RemainsEpisode 25 - Vision, Hard Work, With More Than A Dash of Genius: Beethoven's "Les Adieux" with Dr. Elias-Axel PetterssonHappy Birthday Ludwig!! Today we are celebrating the 250th anniversary of Beethoven's birth with Dr. Elias Axel-Pettersson. We enjoy the greatness of Beethoven by exploring his phenomenal Piano Sonata 26 Op. 81a, "Les Adieux." A big thank you to Elias and Axel Records for the use this recording in this podcast. Learn more about Elias at: www.eapettersson.com. www.andifloveremains.com Hailed for his “rhythmic integrity, singing tone quality, and refinement” (Clavier), Swedish-American pianist Elias-Axel Pettersson has established himself as a formidable soloist, chamber musician, and pedagogue. A Mason & Hamlin Concert Artist, he has garnered prizes on the national and inte...2020-10-151h 29And If Love RemainsAnd If Love RemainsEpisode 12 - Pictures at an Exhibition with Dr. Elias-Axel Pettersson Part 4Our final episode in a journey and exploration of my discussion of Pictures at an Exhibition with my friend, Elias-Axel Pettersson. www.andifloveremains.com www.eapettersson.com  https://www.facebook.com/pages/category/Festival/Southwest-Piano-Festival-223830754743822/ https://www.azpianoinstitute.org/   Hailed for his “breathtaking virtuosity and an intelligent sense of precisely what brings music to life” (Albuquerque Journal) and his “rhythmic integrity, singing tone quality, and refinement” (Clavier), Swedish-American pianist Elias-Axel Pettersson has established himself as a formidable soloist, chamber musician, and pedagogue. The late Ralph Berkowitz wrote “…Pettersson is a rare musician who can project his ideas from the piano directly into...2020-06-271h 26And If Love RemainsAnd If Love RemainsEpisode 10 - Pictures at an Exhibition with Dr. Elias-Axel Pettersson Part 3Our continuing journey and exploration, part 3 of my discussion of Pictures at an Exhibition with my friend, Elias-Axel Pettersson. www.andifloveremains.com www.eapettersson.com  https://www.facebook.com/pages/category/Festival/Southwest-Piano-Festival-223830754743822/ https://www.azpianoinstitute.org/   Hailed for his “breathtaking virtuosity and an intelligent sense of precisely what brings music to life” (Albuquerque Journal) and his “rhythmic integrity, singing tone quality, and refinement” (Clavier), Swedish-American pianist Elias-Axel Pettersson has established himself as a formidable soloist, chamber musician, and pedagogue. The late Ralph Berkowitz wrote “…Pettersson is a rare musician who can project his ideas from the piano directly into the hearts and...2020-06-201h 12And If Love RemainsAnd If Love RemainsEpisode 8 - Pictures at an Exhibition with Dr. Elias-Axel Pettersson Part 2​I'm very thrilled to share part 2 of my discussion of Pictures at an Exhibition with my friend, Elias-Axel Pettersson. www.andifloveremains.com www.eapettersson.com    Hailed for his “breathtaking virtuosity and an intelligent sense of precisely what brings music to life” (Albuquerque Journal) and his “rhythmic integrity, singing tone quality, and refinement” (Clavier), Swedish-American pianist Elias-Axel Pettersson has established himself as a formidable soloist, chamber musician, and pedagogue. The late Ralph Berkowitz wrote “…Pettersson is a rare musician who can project his ideas from the piano directly into the hearts and minds of his audience.” He has garnered prizes on the national and i...2020-06-081h 02