Audio Mises Wire - Why Mises’s The Theory of Money and Credit Is Still Important Today

Ludwig von Mises’s first major work was The Theory of Money and Credit in which he explained the role of money in the economy and also pointed out what causes the boom-bust cycle. It remains an important classic in Austrian economics.

Original article: https://mises.org/mises-wire/why-misess-theory-money-and-credit-still-important-today

More or Less - Is an ancient charioteer the best paid sportsperson of all time?

Modern sport can seem awash with money, but it’s been claimed that the richest sportsperson of all is an ancient Roman Charioteer from the second century AD called Gaius Appuleius Diocles, with career winnings that stood at 35 million sesterces. One calculation has translated that into an astonishing $15 billion dollars today, and it’s a figure that’s stuck. But should we believe it? Duncan Weldon talks to ancient historian Professor Mary Beard from the University of Cambridge to learn more about the big business of chariot racing, and how we should think about money and wealth in the economies of the past. Presenter: Duncan Weldon Producer: Nathan Gower Series Producer: Tom Colls Editor: Richard Vadon Programme Coordinator: Brenda Brown Sound Engineer: James Beard

NPR's Book of the Day - ‘Crux’ is a novel about rock climbing, but risk exists far beyond the mountain’s edge

Rock climbing is a great sport for thrill-seekers. In Gabriel Tallent’s Crux, main characters Dan and Tamma fit the bill perfectly. At just 17 years old, they bond over the side of a mountain where one miscalculated inch of movement could mean life or death. However, risk doesn’t disappear once they make it safely to flat ground. For Dan and Tamma, risk exists in growing up, and growing out of their physical and emotional comfort zones. In today’s episode, Tallent joins NPR’s Juana Summers to discuss his newest novel and how rock climbing can widen more than one type of human perspective.


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The Indicator from Planet Money - How Iran’s flagging economy inflamed its protests

According to activists, Iran has killed over 7,000 people as part of a crackdown on protesters. Why did protests engulf Iran in the first place? A big contributor: Its flagging economy, which has been in a tailspin for years. It’s a tinderbox.

Related episodes: 
Iran, protests, and sanctions
The Lost Plane

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Fact-checking by Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.

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