Category: 3-DailySometimeCommentary

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The Indicator from Planet Money - Will the tax cuts pay for themselves?

The One Big Beautiful Bill Act is now law. It's expected to cost the government a pretty penny. The Congressional Budget Office predicts a $3.4 trillion increase in the deficit over ten years. This is driven by significant tax cuts, including extensions of those made in 2017.

Trump's advisors argue the tax cuts will pay for themselves. Today on the show, we speak with the guru on that school of thought, Arthur Laffer, and dig into some of those claims with a tax economist.

Related episodes:
The simple math of the big bill (Apple / Spotify)
What's going to happen to the Trump tax cuts? (Apple / Spotify)
So, how's this No Tax On Tips thing gonna go? (Apple / Spotify)

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

Fact-checking by Corey Bridges. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.

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What Next | Daily News and Analysis - Is Trump Running the Fugitive Slave Act Playbook?

A federal force—often defying local governance—coming to take people away without due process has happened before. What lessons can be drawn from parallels between a law that led to the Civil War and what’s happening today with Trump’s hardline immigration enforcement?

Guest: Jamelle Bouie, columnist at the New York Times

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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Audio Mises Wire - The Mythology of Methodological Collectivism

A central belief of collectivists is that people think collectively, too. Whether one is a member of a class, religious group, or ethnic group, collectivism holds that each group has distinct interests that determine how individuals in the group think. Mises would have disagreed.

Original article: https://mises.org/mises-wire/mythology-methodological-collectivism

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Audio Mises Wire - The Futility of Price Stability Policies

Monetarists have long believed that the Fed should pursue policies of low inflation in order to counter the effects of lower prices through enhanced productivity. Thus, they reason, overall prices will remain stable. Such policies actually promote economic instability.

Original article: https://mises.org/mises-wire/futility-price-stability-policies

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What A Day - Trump’s War On The Poor

Despite months of handwringing and a litany complaints from dozens of Congressional Republicans, President Donald Trump scored yet another major political victory Friday when he signed his One Big Beautiful Bill into law, just like he wanted. The measure, stuffed with Republican spending and policy priorities, threatens to balloon the federal deficit by more than $3 trillion dollars over the next decade while kicking millions of poor Americans off safety net programs like Medicaid and food assistance. But the effects won’t be felt immediately. Jacob Bogage, Congressional economics correspondent for The Washington Post, breaks down the details of the new law.

And in headlines: The death toll from the devastating flooding in central Texas topped 70 people, the White House sent mixed messages on the future of Trump’s tariffs, and Israeli Prime Minister Benjamin Netanyahu is headed to the White House again amid a renewed push for a ceasefire with Hamas in Gaza.

Show Notes:

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The Indicator from Planet Money - Why can’t we insure trees?

In the U.S., we insure most everything we sell. So why not trees? Today on the show why trees aren't insured like other crops, and what it would take to get that insurance with extreme weather events on the rise.

Related episodes:
When insurers can't get insurance (Apple / Spotify)

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

Fact-checking by Tyler Jones. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.

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What Next | Daily News and Analysis - The Spectacle of “Alligator Alcatraz” Is the Point

Built in just eight days, Donald Trump and Kristi Noem toured “Alligator Alcatraz,” a migrant detention facility built on a disused airstrip in the Florida Everglades. Even before Trump touched down in South Florida, branded merchandise was being sold. Soon after he headed back to Washington, the first detainees were brought in.

Guest:  Sommer Brugal, Miami reporter for Axios.

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.

Learn more about your ad choices. Visit megaphone.fm/adchoices

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Audio Mises Wire - Rights, Fights, and the Economy of Self-Defense: Why MMA Facilitates the Right to Self-Defense

Mixed martial arts is a brutal, imperfect, occasionally ugly sport. But it’s also one of the most honest epistemic systems we have when dealing with self-defense, and each individual has the right to defend himself against aggressors.

Original article: https://mises.org/mises-wire/rights-fights-and-economy-self-defense-why-mma-facilitates-right-self-defense