Episode 83

Hurricane Ian, Fake Meat Flop, Housing Cooldown, Guilt Tipping

Ravi and Rikki start with the aftermath of Hurricane Ian, reviewing the devastation before turning to the state of coastal development and the Biden-DeSantis politics underlying the storm response. Then the hosts move on to a business slowdown for Beyond Meat, a cooling housing market, and the advent of guilt tipping.


The hosts begin with a rundown of the devastation brought on by Hurricane Ian before tying it into the questionable wisdom of coastal development and the truce Biden and DeSantis seem to have called for the sake of their storm response.

Ravi and Rikki highlight the decline of Beyond Meat and use the opportunity to discuss the effective and ineffective messaging we’ve seen from proponents of plant-based eating.

The hosts discuss the cooling housing market and the tangible effects it’s going to have on everyday homeowners and prospective buyers.

Ravi and Rikki recount their own run-ins with guilt tipping while discussing the rise of tipping across the board and how the practice got so ingrained in American culture.

Hurricane Ian // DeSantis // Coastal Development [2:24]

Is the $1 Trillion Coastal Housing Market a Future Financial Crisis? (UCLA Anderson Review, 3/31/2021)
Biden to Florida: ‘We’re gonna pull together as one team’ following Hurricane Ian (CNN, 9/29)
The Bar for Competence Just Got Ten Feet Lower (National Review, 9/29)
Florida’s Fatal Attraction (The Atlantic, 10/2)
Should we rebuild in hurricane zones? (Poynter, 10/3)
Column: California spends billions rebuilding burned towns. The case for calling it quits (Los Angeles Times, 9/27)
Bans on rebuilding in disaster-prone areas ignore homeowners preferences – raising costs works better (Phys.org, 10/21/2019)
Coastal development: A cautionary tale (Politico, 9/29)
More Americans are moving into hurricane zones even as climate risks mount (Washington Post, 10/1)
Florida Faces Insurance Crisis From Hurricane Ian (YouTube/MSNBC, 9/30)
Florida’s Hurricane Ian claims at $1.6B; More than 222,000 insurance claims filed (News4Jax, 10/4)
On the Alabama Coast, the Unluckiest Island in America (YaleEnvironment360, 9/5/2019)
Program for the Study of Developed Shorelines (Western Carolina University)
SmarterSafer Website (SmarterSafer.org)
Eli Lehrer Bio (R Street)
R Street Institute (R Street)
Ron DeSantis Is ‘Trump With Substance’ in Response to Ian: Former RNC Spox (Newsweek, 10/1)
Biden, DeSantis and the Politics of Hurricanes (Wall Street Journal, 9/29)
Hurricane Ian leads to political whiplash for Ron DeSantis (The Hill, 10/1)
Biden Says He’s Getting Along With Gov. DeSantis (YouTube/Bloomberg Markets and Finance, 9/29)
Biden and DeSantis play nice as president surveys Surfside (YouTube/Politico, 0:36, 7/1/2021)

Fake Meat Flop  [22:04]

Is ditching meat a “game-changer” for your health? (Peter Attia, 11/3/2019)
Plant-based meat gets a reality check (Deloitte, 9/27)
Once-Hot Fake Meat Sees Sales Slide on Price and Being Too ‘Woke’ (Bloomberg, 9/26)
Plant-based meat is running out of steam, but it’s still the future (Fortune, 4/11)
Cracker Barrel accused of going ‘woke’ by pushing plant-based sausage (New York Post, 8/4)
US Factory Farming Estimates (Sentience Institute, 4/11/2019)
Beyond Meat stock continues to fall after COO’s arrest for biting man’s nose (YouTube/CBNC Television, 1:35, 9/20)
What to Eat & When to Eat for Longevity | Lifespan with Dr. David Sinclair #2 (YouTube/David Sinclair, 47:08, 1/12)
Carol Adams on Vegan Feminism (Twitter/Amy Tarkanian, 2/10)

Econ Round-Up [35:19]

Entering the Superbubble’s Final Act (GMO, 8/31)
Dow Enters Bear Market, Hits Lowest of 2022 (Barron’s, 9/26)
How rising mortgage rates impact buying power amid possible housing market correction (yahoo!finance, 9/30)
The housing market is stuck (Axios, 10/2)
Housing Paralysis Engulfs US Buyers With Prices Starting to Fall (Bloomberg, 9/22)
U.S. Housing Prices Fall for First Time in a Decade (Time, 9/27)
Mortgage rates near 7 percent as housing market keeps cooling (Washington Post, 9/29)
Confused about the housing market? Here’s what’s happening now – and what could happen next (CNBC, 9/29)
Whatever Happened to the Starter Home? (New York Times, 9/25)
Here’s How Much Less House You Can Buy Thanks to the Mortgage Spike (Bloomberg, 9/28)
Fed Chair Jerome Powell on Sept 21 (Twitter/Bloomberg, 9/21)

Guilt Tipping [45:56]

Pressure tipping: Expert explains what to do | NewsNation Tonight (YouTube/NewsNation, 7/16)
Flightless Bird: Tipping (Armchair Expert, 8/30)
‘Now 15 per cent is rude:’ Tipping fatigue hits customers as requests rise (CTV News, 9/21)
To Tip, or Not to Tip? (New York Times, 4/19)
We Need to Stop Talking About Tipping Fatigue (Bon Appetit, 5/31)
The Case Against Tipping in America (Eater)
Toast Q2 Restaurant Trends Report: Full-Service Restaurant Sales Rebound to Pre-Pandemic Levels (Toast, 8/18)
Toast Inc Market Stats (CNBC, 10/4)
Is ‘Tipping Fatigue’ a Myth? Americans Tip 10% More Despite Inflation (GOBankingRates, 9/2)
‘Guilt tipping’ pressure takes a hit in viral video: ‘So awkward’ (New York Post, 7/12)
Viral Tipping TikTok (TikTok/eyeout4selen3r, 7/20)