William Nordhaus coined the term “political business cycle” a half-century ago. The idea was that government authorities, particularly the central bank, would manipulate the economy to correspond with election cycles, a practice that continues to this day.
Ours in an age when people panic, sometimes for good reasons but often for bad. Governments benefit from panicked citizenry, which is why we always should question those political decisions that can turn our lives upside down.
A free market economy does not generate jobs or money. Instead, it creates wealth through exchange and production. Government intervention, contrary to what mainstream economists believe, does not enhance wealth, but instead destroys it.
Caleb O. Brown hosted the Cato Daily Podcast for nearly 18 years, producing well over 4000 episodes. He has gone on to head Kentucky’s Bluegrass Institute. This is one among the best episodes produced in his tenure, selected by the host and listeners.
We know what happened on November 22, 1963, at Dealey Plaza in Dallas, but there is a lot about that terrible day we don't know. But we also know that President Kennedy challenged the National Security State. Did it cost him his life?
Health and Human Services Secretary Robert F. Kennedy has long been a pusher of junk science, especially when it comes to research around vaccines and autism. So it should come as no surprise that he appears open to revisiting the decades-old FDA approval of the abortion drug mifepristone, at least in part based on a report from a conservative think tank that was neither peer-reviewed, nor published in a medical journal. What the report in question conveniently contradicts more than 100 peer-reviewed studies that show mifepristone is safe to use and effective. Jessica Valenti, author of book ‘Abortion: Our Bodies, Their Lives, And The Truths We Use To Win,’ joins us to talk about the state of reproductive rights in the U.S. with President Donald Trump is back in power.
And in headlines: Trump again walked back his threats for steep tariffs on the European Union, Russia unleashed another massive drone and missile attack on Ukraine, and Republican Senators throw cold water on the House version of Trump’s spending and tax plan — a.k.a. the Big Beautiful Bill.
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Podcast production by Ethan Oberman, Elena Schwartz, Paige Osburn, Anna Phillips, Madeline Ducharme, Isabel Angell, and Rob Gunther.
From Reconstruction to George Floyd, the left‘s guilt industry has run at full speed. As Murray Rothbard wrote, it is time to stand up to those that use guilt as a social weapon.
Thanks to the endless “War Against Terror,” the US Government promoted methods of torture, including some borrowed from the sadistic torturers of the former Soviet Union. Congress stood by and let it happen.
Caleb O. Brown hosted the Cato Daily Podcast for nearly 18 years, producing well over 4000 episodes. He has gone on to head Kentucky’s Bluegrass Institute. This is one among the best episodes produced in his tenure, selected by the host and listeners.