The Indicator from Planet Money - Before La La Land, there was Fort Lee, New Jersey

Hollywood, baby! The glitz! The glamour! The ever-changing business models! This week, The Indicator is going to the movies. Starting today with the history of Hollywood and where it began.... New Jersey!

Related episode:
The Origin Of The Oscars

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What Next | Daily News and Analysis - Who Is Trump Promoting For Life?

This week, the Senate Judiciary Committee prepares to vote on Emil Bove, who has been promoted from Trump’s personal lawyer to his current nominee for a lifelong appointment to the Third Circuit Court of Appeals. In any other administration, Bove would be a real outlier. But here? He’s par for a very strange course. 

Guest: Jay Willis, editor-in-chief of Balls and Strikes.

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Podcast production by Ethan Oberman, Elena Schwartz, Paige Osburn, Anna Phillips, Madeline Ducharme, and Rob Gunther.


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Audio Mises Wire - The Guillotine and the Lyre: What Andrea Chénier Reveals about the French Revolution

The poet, the opera, and the Terror: when art dares to confront the violence of power. How one artist portrays the French Revolution and the political terror it unleashed is a grim reminder of what today's Bastille Day celebrations ignore.

Original article: https://mises.org/mises-wire/guillotine-and-lyre-what-andrea-chenier-reveals-about-french-revolution

What Next | Daily News and Analysis - TBD | When A.I. is Sycophantic

He started using ChatGPT to help with spreadsheets. But their relationship took a turn, and before long it was telling him he could leap off a 19-story building and fly.


Guest: Kashmir Hill, features writer at the New York Times.


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Audio Mises Wire - Social Engineering under the Fourteenth Amendment

Murray Rothbard called egalitarianism a "revolt against nature," and he believed that the egalitarianism inherent in the Fourteenth Amendment was socially harmful. Social engineering never turns out well, but that doesn't discourage progressives from engaging in it.

Original article: https://mises.org/mises-wire/social-engineering-under-fourteenth-amendment

Audio Mises Wire - Debunking the Myth of “Market Fundamentalism”

Critics of free markets such as Oren Cass claim that Austrians and other supporters of the free economy are engaged in “market fundamentalism.” However, support for free markets is not an act of blind faith but is based upon understanding of how markets actually work.

Original article: https://mises.org/mises-wire/debunking-myth-market-fundamentalism

More or Less: Behind the Stats - Why Manchester United can afford to play badly

Manchester United are terrible, even according to their own manager. Last season saw their worst ever performance in Premier League history.

But at the same time, according to Forbes magazine, they’re still the second most valuable football club in the world.

How is that possible?

Tim talks to Kieran Maguire, a football finance expert and the author of The Price of Football, to find out the secret of Manchester United’s financial success.

Presenter: Tim Harford Producer: Nicholas Barrett Series producer: Tom Colls Production co-ordinator: Brenda Brown Sound mix: Neil Churchill Editor: Richard Vadon

Audio Mises Wire - The Forces of Centralization and the Struggle for Freedom

Throughout history, decentralization and secession have helped pave the way for more individual freedom. Naturally, political elites want to centralize everything, thus setting off the eternal battle between centralizers and decentralizers.

Original article: https://mises.org/mises-wire/forces-centralization-and-struggle-freedom

Audio Mises Wire - Jürgen Habermas: The Philosopher as Marxist Propagandist

When does philosophy degenerate into simple propaganda? In this week's Friday Philosophy, Dr. David Gordon examines the writings of Jürgen Habermas, concluding that much of what Habermas said was little more than ginned up Marxism.

Original article: https://mises.org/friday-philosophy/jurgen-habermas-philosopher-marxist-propagandist

What A Day - Ex-NOAA Administrator On Trump’s Staffing Cuts

President Donald Trump is scheduled to travel to central Texas today to tour damage of the devastating July 4th weekend floods. More than 100 people have been confirmed dead, and nearly 200 are still missing a week later. As people in the region continue to mourn their loved ones and assess the destruction, there has been a lot of finger-pointing over whether more could have been done to alert people about the flood risks. If staffing cuts at the National Weather Service played a role, and who’s to blame for the mounting death toll? Richard Spinrad, the former administrator of the National Oceanic and Atmospheric Administration, talks about how staffing cuts make the agency’s job harder.

And in headlines: A federal judge in New Hampshire blocked the Trump Administration’s order ending birthright citizenship after a class-action challenge, retiring Republican North Carolina Sen. Thom Tills unloads during a CNN exclusive interview, and former Columbia grad student Mahmoud Khalil filed a claim against the Trump administration for $20 million in damages.

Show Notes: