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In this week's Friday Philosophy, Dr. David Gordon takes on Alex Honneth's The Working Sovereign. While Dr. Gordon acknowledges that the author gives an "Honneth" effort, his logic and grasp of the world of work fall way short of being convincing.
Original article: https://mises.org/friday-philosophy/honneth-effort
The Trump Administration is quickly ramping up its efforts to arrest and deport as many undocumented immigrants as possible, now that extra money is starting to roll in thanks to President Donald Trump’s new tax and spending law. It set aside more than $170 billion in new funding for immigration enforcement, including $45 billion to build and expand detention centers and $29 billion to help hire new immigration agents. The most notorious symbol of the administration's immigration crackdown is the pop up detention center in the Florida Everglades the administration calls ‘Alligator Alcatraz.’ But more facilities are popping up all over the country, as are allegations of horrific conditions. Katie Blankenship is an attorney and co-founder of Sanctuary of the South, which provides legal services and civil rights representation throughout the region. She’s currently representing clients in ICE detention centers, and joins us to talk about what she's hearing from them.
And in headlines: Trump and embattled Fed Chair Jerome Powell publicly bicker during a tour of the central bank headquarter’s ongoing renovations, French President Emmanuel Macron announced his country would recognize the state of Palestine, and Deputy Attorney General Todd Blanche met with Jeffrey Epstein’s former fixer Ghislaine Maxwell.
Show Notes:
Was the Late Show too unprofitable, or too political?
Guest: Eric Deggans, NPR TV critic and media analyst, Knight Chair, Journalism and Media Ethics, Washington & Lee University.
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Podcast production by Evan Campbell and Patrick Fort.
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Even when MMT advocates are correct that colonial governments at times burned money after receiving it for tax revenues, they still manage to get both the history and the causes wrong.
Original article: https://mises.org/mises-wire/mmters-love-when-governments-burn-money
Dr. DiLorenzo has some words for Secretary Bessent about the true role of the Fed and its record in this open letter.
Original article: https://mises.org/mises-wire/open-letter-treasury-secretary-bessent
The news that Starbucks is closing sixteen stores due to customer safety concerns exposes the lack of police protection in cities and the problems with allowing noncustomers to remain in stores.
Original article: https://mises.org/mises-wire/private-property-and-customer-safety-starbucks-learns-hard-lesson
Adam Michel, Michael Cannon, and Dominik Lett break down the One Big Beautiful Bill. Is it $3.4 trillion, or actually $6 trillion? Is Medicaid getting a cut or a trim? With spending cuts pushed to later years and tax benefits front-loaded, the scholars dissect the political calculations and baseline accounting that shaped this massive piece of legislation.
Show Notes:
Michael F. Cannon, Krit Chanwong, and Dominik Lett, "Congress Must Cut and Reform Medicaid" cato.org, April 28, 2025
Domink Lett, "The Senate’s Big Beautiful Blunder Could Increase the Debt by $6 Trillion" cato.org, July 2, 2025
Adam Michel, "A Fiscal Hawk’s Defense of the GOP’s Deficit-Busting Budget Bill" cato.org, July 10, 2025
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At the recent WNBA All-Star game, players wore T-shirts with the message, “Pay us what you owe us.” If one uses the discounted marginal revenue product as a guide, the answer to their demand would be “zero.”
Original article: https://mises.org/mises-wire/do-wnba-players-really-want-be-paid-what-they-are-owed
When the covid madness was imposed upon the world five years ago, the lockdown advocates claimed they were just “doing science.” In reality, they were ignoring science, lying, and just “doing totalitarian politics.”
Original article: https://mises.org/mises-wire/virus-was-born-orphan-origin-sars-cov-2-and-silence-institutions