Category: 3-EconSometimeCommentary

30 years ago, Lou Montulli set out to solve a fundamental problem with the internet, and accidentally created an entirely different one. On today's show, how the cookie went from an obscure piece of code designed to protect anonymity, to an online advertiser's dream, to a privacy advocate's nightmare.

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Sam Bankman-Fried built a reputation as the one reliable crypto bro. But within the span of days, his empire came crashing down. What the rise and fall of crypto's 30-year-old elder statesman says about the story of crypto so far.

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On this episode of the Hayek Program Podcast, Peter Boettke & Ben Powell tackle the ever-present question of what goes into a successful path through graduate school. Powell begins by explaining how he got interested in free-market ideas, and how a book giveaway at a conference cemented his desire to study economics. Additionally, the pair discusses the elements of success in graduate school including program building, dedication to teaching, publishing, and policy research. Later, they dive into some of Powell's research on immigration and socialism as he explains his unique approach to inquiry.

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CC Music: Twisterium

In 2019, a group of librarians (quietly) stormed the offices of a major publisher, Macmillan, to protest a controversial policy on e-books. On this show, how a tiny change - a book on a screen - threw an industry into war with itself.

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Sand. It's in buildings, windows, your cell phone. But there isn't enough in the world for everyone. And that's created a dangerous black market.

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Polling is facing an existential crisis. Few people are answering the phone, and fewer people want to answer surveys. On today's show, we pick up the phones ourselves to find out how polling got to this place, and what the future of the poll looks like.

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Xi Jinping recently secured his third term as China's president – so we're looking at two shocks to the world's second-largest economy. First: How China's housing boom turned into a real estate crisis. Second: How the recent U.S. ban on selling advanced semiconductor chips to China could affect China's technology industry.

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On this episode of the Hayek Program Podcast, Don Boudreaux & Rosolino Candela discuss the resurgence of intellectual interest in antitrust policy across the United States. They begin by recounting the history of antitrust policy in the US, beginning with the meatpacking industry in the 1880s and continuing to the modern day. Additionally, they consider the continuing relevance of the "structure-conduct-performance" paradigm and its hold on the contemporary debates surrounding monopoly power and antitrust policy. Later in the conversation, Rosolino and Don examine growing concerns over market concentration in platform economies. Finally, they include an analysis of the major contributions to antitrust policy and how they compare to the Austrian take.

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CC Music: Twisterium

We got our hands on the long-lost "Inflation" song, and now it's time to put it out into the world. So, we started a record label, and we're diving into the music business to try and make a hit.

This is part two of the Planet Money Records series. Here's part one and part three.

Update: We now have merch! We released a line of Inflation song gear — including a limited edition vinyl record; a colorful, neon hoodie; and 70s-inspired stickers. You can find it here: n.pr/shopplanetmoney.

Listen to "Inflation" on Apple Music, Spotify, YouTube Music, Tidal, Amazon Music & Pandora.

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We try to start a real record label. Just to put one song out there. It's a song about inflation, recorded in 1975... and never released. Until now.

This is part one of the Planet Money Records series. Here's part two and part three.

Update: We now have merch! We released a line of Inflation song gear — including a limited edition vinyl record; a colorful, neon hoodie; and 70s-inspired stickers. You can find it here: n.pr/shopplanetmoney.

Listen to "Inflation" on Apple Music, Spotify, YouTube Music, Tidal, Amazon Music & Pandora.

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