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Bolivians are finding out the hard way that socialist energy means price controls, and price controls mean fuel shortages and long gas station lines. Socialism excels in unkept promises and Bolivia is no exception to that rule.
Original article: https://mises.org/mises-wire/fumes-failed-system-bolivias-gasoline-crisis
Regardless of your view of the current conflicts, one fact is indisputable. President Trump’s actions violate our traditional non-interventionist foreign policy.
Original article: https://mises.org/mises-wire/president-trumps-interventionism
Contrary to the expectation of the Luddites, we have only become wealthier than before and workers today enjoy much higher standards of living than workers in the past.
Original article: https://mises.org/power-market/what-modern-luddites-miss-technology-makes-us-wealthier
The Supreme Court will issue a slew of major opinions today on what’s expected to be the final day of its current term. Still outstanding are decisions in cases over President Donald Trump’s birthright citizenship order, a voting rights challenge in Louisiana, LGBTQ books in schools, and more. On Thursday, the court also paved the way for states to bar Planned Parenthood from receiving Medicaid funds, even for services not at all related to abortion. Jessica Levinson, a law professor at Loyola Low School in Los Angeles, explains the justices' Planned Parenthood opinion and what they might have in store for us today.
And in headlines: Republicans are racing to meet a July 4th deadline to pass President Trump’s Big Beautiful Bill despite yet another major setback in the Senate, Congress is still at odds over whether the US strikes on Iran “obliterated” the country's nuclear program, and a CDC vaccine panel made recommendations that could make it harder to get the flu vaccine.
Show Notes:
In addition to the three-dimensional war of bombs and missiles, Iran and Israel—and the US—are squaring off in a cyber battle. With everything from water infrastructure to banking connected to the internet in some way, how much damage can cyberattacks do?
Guest: Maggie Miller, POLITICO cybersecurity reporter
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Podcast production by Evan Campbell and Patrick Fort.
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President Donald Trump addressed leaders at a NATO summit in the Netherlands Wednesday as the tenuous ceasefire between Israel and Iran continued to hold for a second day. Trump said the U.S. would be holding talks with Iran sometime next week, though he added he didn’t think a new nuclear agreement was actually necessary because ‘the war’s done.’ While the administration continues to fight reports that Iran’s nuclear program remains anything short of “totally obliterated,’ there’s still an ongoing debate within the broader MAGA world about the wisdom of the strikes in the first place. Sohrab Ahmari, U.S. editor for the British news and opinion outlet UnHerd, talks about what the strikes ultimately say about the MAGA foreign policy doctrine.
And in headlines: Attorney General Pam Bondi denied knowledge that federal agents were wearing masks during immigration raids, Trump appeared to inch closer to Ukrainian President Volodymyr Zelensky in its ongoing war with Russia, and former New York Gov. Andrew Cuomo’s political future remains uncertain after a resounding loss to State Assemblyman Zohran Mamdani in Tuesday’s Democratic mayoral primary.
Show Notes:
How Democratic Socialist Zohran Mamdani upset the better-connected, better-funded, better-known candidate in New York’s Democratic mayoral primary—and how he might actually govern if he makes it into office.
Guest: Ross Barkan, contributing writer at the New York Times Magazine, New York Magazine columnist, and Editor-in-Chief of The Metropolitan Review.
Want more What Next? Subscribe to Slate Plus to access ad-free listening to the whole What Next family and across all your favorite Slate podcasts. Subscribe today on Apple Podcasts by clicking “Try Free” at the top of our show page. Sign up now at slate.com/whatnextplus to get access wherever you listen.
Podcast production by Ethan Oberman, Elena Schwartz, Paige Osburn, Anna Phillips, Madeline Ducharme, and Rob Gunther.
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There has been much talk of disinflation, but all the evidence points toward the conclusion that the Federal Reserve continues to administer injections of monetary inflation.
Original article: https://mises.org/mises-wire/there-no-disinflation