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A yacht—like any good exchanged on the free market—represents countless value-maximizing exchanges and represents an industry that employs thousands of people to provide goods and services to others.
Original article: https://mises.org/power-market/jeff-bezoss-yacht-driver-economic-activity
How Texas redrawing its election maps could set off a gerrymandering arms race across the country—a race the Republicans are likely to win.
Guest: Ari Berman is a voting rights correspondent at Mother Jones.
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Podcast production by Ethan Oberman, Elena Schwartz, Paige Osburn, Anna Phillips, Madeline Ducharme, and Rob Gunther.
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Understanding any era of history requires the ability to view complex things. However, people often employ simple narratives as their historical guides, which leads to wrong conclusions. The pre-war history of the American South is one that is much more complex than the narratives imply.
Original article: https://mises.org/mises-wire/complexity-historical-narratives
What use is the Fed's supposed devotion to being "data-driven" when the data itself is unreliable and the Fed is basing its policies on data that is thoroughly wrong?
Original article: https://mises.org/mises-wire/fed-says-it-data-driven-data-isnt-any-good
Thanks for modern Keynesian economics, most people believe money gains its value from the government that issues it. Money's value, however, is historically tied to the value of the commodity from which money was derived.
Original article: https://mises.org/mises-wire/how-does-money-acquire-its-value
U.S. Ambassador to Israel Mike Huckabee and Middle East envoy Steve Witkoff traveled to Gaza Friday to tour an Israeli-backed aid site, amid growing global outcry over the country’s handling of its war with Hamas. New polling from Gallup shows barely a third of Americans support Israel’s actions in Gaza, a new low. And two Israeli human rights organizations last week concluded Israel is committing genocide in Gaza, a first since the start of the war almost two years ago. But as of now, there’s no indication Israeli Prime Minister Benjamin Netanyahu and his right-wing government have any plans to wind down the war. Yair Rosenberg, a staff writer at The Atlantic, talks about the ‘corrupt bargain’ that went into the making of Netanyahu’s coalition.
And in headlines: White House officials defended President Donald Trump’s decision to fire the head of the Bureau of Labor Statistics after a bad jobs report, Texas House Democrats fled the state to block Republicans from redrawing the state’s congressional map, and the Corporation for Public Broadcasting said it would shut down.
Show notes:
Belief in democracy was, until quite recently, taken for granted in America. But what if democracy is less a static noun, and more of a dynamic ideal we (could be) working towards?
Guest:
Osita Nwanevu, contributing editor at The New Republic, columnist at The Guardian, author of “The Right of the People: Democracy and the Case for a New American Founding.”
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
In an attempt to compete with the Soviet Union by bringing future elite political leaders from Africa to study in US universities, Sen. John Kennedy and the CIA inadvertently spread Marxism here and abroad. One product of this program was bringing Mamdani's Marxist father to the US.
Original article: https://mises.org/mises-wire/how-jfk-and-cia-gave-nyc-zohran-mamdani-and-obama-us
Oklahoma City will be building a new arena for the 2025 NBA Champions Thunder. Not surprisingly, the taxpayers will be the ones carrying most of the financial burden.
Original article: https://mises.org/mises-wire/thunderously-bad-deal-oklahoma-citys-crony-arena-tax