Category: 3-EconSometimeCommentary

This episode, Micro-Face: The Musical. A full concert recording of a one-of-a-kind Planet Money superhero musical, taped during our recent live show at the Roulette Theater in Brooklyn, New York.

Here's more from our project We Buy A Superhero.

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So are we in a recession or not? The jury is still out, but there are some warning signs. GDP is down and inflation is up. But how much do we know about the 'indicators' that tell us how the economy is doing? Today, the stories of two of our most important indicators, the Consumer Price Index and GDP, and what they can and can't tell us about our current economic predicament.| Subscribe to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.

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Life has its ups and downs. Same for the economy. Today we ask, can the business cycle be tamed? Two stories of recession and techniques for moderating the ferocity of booms and busts. Plus, how bankruptcy is a secret weapon of the American economy. | Subscribe to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney. | At this Summer School, phones ARE allowed during class... Check out this week's PM TikTok! | Listen to past seasons of Summer School here.

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On this episode of the Hayek Program Podcast, we continue a special summer series of the podcast on Liberalism for All, hosted by Jayme Lemke as she explores the underpinnings and outworkings of a free and open society. Driving the discussion is a set of core questions, including:

• What does it mean to be liberal in the 21st century?
• What is the relationship between liberalism and equality?
• Is the pursuit of equality a threat or opportunity for the liberal project?

Joining Lemke for this episode is Nick Cowen, Senior Lecturer at the University of Lincoln. In Cowen's recent book, Neoliberal Social Justice, he asks which policies can limit arbitrary socio-economic inequalities, a point Lemke examines further as they discuss what makes an inequality arbitrary. Later in the conversation, Cowen expounds upon the idea of property-owning democracy and why it is not as different from welfare state capitalism as some proponents would argue. Additionally, throughout their dialogue, Cowen and Lemke consider whether the quests for equality and freedom stand complementary or in tension with one another.

If you like the show, please leave a 5-star review for us on Apple Podcasts and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever else you get your podcasts.

Learn more about Cowen's work from the following articles:

• Hayek versus Trump: The Radical Right’s Road to Serfdom
• Basic Economic Liberties: John Rawls and Adam Smith Reconciled
• Capital, Ideology, and the Liberal Order
• The mirage of mark-to-market: distributive justice and alternatives to capital taxation
• Neoliberal Social Justice and Taxation

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CC Music: Twisterium

Dirt Rhodes by Kevin MacLeod

Link: https://incompetech.filmmusic.io/song/3650-dirt-rhodes

License: https://filmmusic.io/standard-license

It has great bones, three bedrooms and one and half baths, and it comes with its own machine that mines cryptocurrency. But in a year of reckoning for crypto, how interested are potential buyers? | Subscribe to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.

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What even is "the economy"? And how do you measure it? Our path out of the economic darkness and into the light has been guided in large part by one single statistic: GDP. This week: the origins, history, and problems with the economic indicator to rule them all. | At this Summer School, phones ARE allowed during class... Check out this week's PM TikTok! | Listen to past seasons of Summer School here.

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Wait, wait...don't throw that out! What if much of what you've been told about food expiration dates is... wrong? | Subscribe to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.

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It's macro time! Today: Keynes vs. Hayek.

Season 3 of summer school is here asking the biggest economic questions about what makes an entire economy grow or contract? Things like, is there a "right" level of unemployment? Who gains from trade? What rhymes with 'paradox of thrift'? Also, inflation, we'll get to inflation.

Episode 1 begins with the rise of macroeconomics as a field, with one of the great economic debates of the 20th century: what causes booms and busts, and what can the government do about it? How free should a free market be?

It's a debate (over beats and with an actual rap battle) between John Maynard Keynes and F.A Hayek.

Watch this Tik Tok to learn more. | Subscribe to our weekly newsletter here. | Listen to past seasons of Summer School here. | Listen to our econ songs of the summer on Spotify. |

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On this episode of the Hayek Program Podcast, we continue a special summer series of the podcast on Liberalism for All, hosted by Jayme Lemke as she explores the underpinnings and outworkings of a free and open society. Driving the discussion is a set of core questions, including:

• What does it mean to be liberal in the 21st century?
• What is the relationship between liberalism and equality?
• Is the pursuit of equality a threat or opportunity for the liberal project?

Joining Lemke for this episode is John Meadowcroft, a Reader in Public Policy at King's College London, as they discuss James Buchanan's work on a political economy of equals. Meadowcroft lays out his analysis of "consensual politics" and explains why true moral equality means that "everyone counts for one." He also explains why Buchanan believed the constitutional mentality begins with moral equality and examines Buchanan's proposal for unanimous consent in politics. As they conclude their discussion, Lemke and Meadowcroft consider those disadvantaged by the status quo and discuss what can be done to forward the vision of a society of freely relating moral equals.

If you like the show, be sure to leave a 5-star review for us on Apple Podcasts and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever else you get your podcasts.

Learn more about Meadowcroft's work.

Follow the Hayek Program on Twitter: @HayekProgram

Learn more about Academic & Student Programs

Follow the Mercatus Center on Twitter: @mercatus

CC Music: Twisterium

Dirt Rhodes by Kevin MacLeod

Link: https://incompetech.filmmusic.io/song/3650-dirt-rhodes

License: https://filmmusic.io/standard-license

There's a movement underway in Georgia. More and more communities around Atlanta are choosing to keep their tax dollars very local, and become their own cities. It's a story about equity and exclusion – and also potholes. | Subscribe to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.

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