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We're three weeks into President Donald Trump's second term, and already Democratic lawmakers are warning that we're in a constitutional crisis. They point to the fact that Elon Musk, an unelected billionaire, is getting a major say in how government agencies operate; the Trump administration shuttering USAID – an independent agency created by Congress – without Congressional approval; and the push to block funding that's already been appropriated. While federal courts have helped Democrats slow down some of Trump's more brazen actions, Vice President J.D. Vance fueled fears of a deeper constitutional challenge Sunday when he tweeted, 'Judges aren't allowed to control the executive's legitimate power.' Kate Show, co-host of Crooked's legal podcast' Strict Scrutiny,' helps us make sense of the legal drama.
And in headlines: Trump sat down with Fox News' Bret Baier for the traditional pre-game Super Bowl interview, Hamas released three more Israeli hostages in exchange for nearly 200 Palestinian prisoners as the ceasefire continued to hold, and the Trump administration moved to shutter the Consumer Financial Protection Bureau.
Show Notes:
Donald Trump has a lot of similarities—and something of a bromance—with Hungarian Prime Minister Viktor Orbán. And those who wish to resist Trump’s Orbán-like, right-wing strongman tendencies could learn something from the resistance in Hungary.
Guest: Gábor Scheiring, former member of the Hungarian parliament and assistant professor of comparative politics at Georgetown University Qatar.
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Podcast production by Elena Schwartz, Paige Osburn, Anna Phillips, Madeline Ducharme and Rob Gunther.
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Using Github, you can watch as government websites are brought into compliance with Donald Trump’s executive orders. Out goes the word “equity;” in comes “fair.” And health and science data, once publicly available, disappears.
Guest: Jason Koebler, cofounder of 404 Media.
Jeremy Prokop, data science advisor in the Midwest
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The Trump team plans to tinker with government spending, but this does nothing to address the real problem which is the current inflationist monetary experiment.
Original article: Under Trump, Expect No Change to the Monetary Status Quo
No macroeconomics or monetary theory course is complete without introduction of the Equation of Exchange, or MV = PQ. However, this equation explains nothing, praxeologically speaking. Instead, it clouds our understanding of how money fits into our economy.
Original article: A Praxeological Critique of the Equation of Exchange and Neutrality of Money
Perhaps John Maynard Keynes' best con job was convincing people that a growing economy needs inflation, lots of inflation. As David Gordon points out, however, Ludwig von Mises eloquently explained why inflation undermines the free market economy.
Original article: The Inflationist View of History
President-Elect Trump has been threatening tariffs against BRICS countries unless they abandon their plans to abandon the US dollar. While Trump may come off as being "tough" in his negotiations, he cannot bluster his way to a stronger dollar, thanks to reckless monetary policies.
Original article: Tariffs Won’t Save the US Dollar
Britain‘s new Labour Government is doing what leftist governments always do: raising taxes on everyone, but pretending that only the wealthiest citizens will pay more. Middle-class British farmers are quickly finding out that the taxman is coming for them too.
Original article: Inheritance Tax Hikes Threaten Farmers’ Property Rights in the UK
A common refrain among college fans is, "The Transfer Portal and NIL are ruining college sports." But are they? Before we can answer that question, we have to be able to explain what is happening, and Austrian economics provides the best analytical tools.
Original article: Are the Transfer Portal and NIL Ruining College Sports? Explaining the Changes Using Austrian Economics