Socialists despise individual liberty because they believe that allowing humans to make free choices supposedly leads to selfish and anti-social behavior. However, by denying individual choice, socialists are denying human action itself.
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Jesús Huerta de Soto has published a series of lectures on Austrian Economics, and Dr. David Gordon in Friday Philosophy reviews his Lectures in Austrian Economics, Volume 1. Dr. Gordon is especially interested in how de Soto deals with time.
Alligator Alcatraz, a pop-up immigration detention center in the Florida Everglades, has been touted by members of the Trump Administration as an ‘efficient and low cost way’ to carry out the president's mass deportation agenda against ‘criminal illegal aliens.’ But an investigation by the Miami Herald found hundreds of the people at the facility have no criminal convictions or pending charges at all. And according to detainees and staff, the conditions in the makeshift facility are horrible, with reports of floors flooded with waste water, food ridden with worms, and clouds of mosquitos. Florida Democratic Rep. Maxwell Frost visited Alligator Alcatraz. He joins us to talk about his experience, and how he thinks Democrats should respond.
And in headlines: An Israeli strike hit the only Catholic church in Gaza, Democratic Rep. Jamie Raskin slammed Trump’s judicial nominee Emil Bove as “unqualified,’ and Homeland Security Secretary Kristi Noem hinted carry-on liquid limits could change.
The movies come to Indicators of the Week. We dig into why one film is letting you reserve tickets a whole year in advance, what ticket prices might tell us about tariffs and inflation, and how Los Angeles might be cutting back on the red tape when it comes to making movies there.
Related episodes: Why aren't filmmakers shooting in LA? (Apple / Spotify) The story of China and Hollywood's big-screen romance (Apple / Spotify) When is cosplay a crime? (Apple / Spotify) Before La La Land, there was Fort Lee, New Jersey (Apple / Spotify)
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
The MAGA world has been waiting for Jeffrey Epstein’s client list to be released since the first Trump administration. But with those like Kash Patel and Dan Bongino, who stoked interest in the list literally in power, the administration is now saying that no such list exists. For some MAGA fans, this is finally a bridge too far.
Guest: Anna Merlan, senior reporter at Mother Jones.
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Podcast production by Evan Campbell and Patrick Fort.
This article is dedicated to some of the quotes, especially from key participants and primary sources, about inflation and its consequences during the American Revolution. As usual, war led to inflation, which in turn facilitated war, and both contributed to centralization.
Mises University begins Sunday, July 20, and given that misinformation abounds about the economy, it is good to have a forum where students can learn economic truths and stretch their minds.
Justin Logan and Jon Hoffman delve into Hoffman's latest policy analysis, "Aimless Rivalry: The Futility of U.S. China Competition in the Middle East." They debunk justifications for U.S. Middle East policy based on competition with China and challenge prevailing narratives in international relations. Tune in for a thorough discussion that puts threats in context and examines U.S. policy through a skeptical lens.
Despite assurances from Amtrak's administrators that profitability is just around the corner, Amtrak remains a huge money loser. However, even given the long distances of some of the routes, Amtrak could still be profitable if its leadership is willing to make changes.