Incentives matter, but they don’t care about your intentions. In this episode Paul and Peter start by talking with special guest and Truist Distinguished Professor of Economics at Winston‐​Salem State University Craig Richardson. He discusses how the federal government tried to prevent greedy banks from taking advantage of homebuyers but just ended up making it harder for first‐​time homebuyers, especially those from minority communities, to afford a house. They also discuss a review of Matthew Desmond’s book Poverty, by America, as well as efforts by the Biden administration to boost the transition to electric vehicles.