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William Nordhaus coined the term “political business cycle” a half-century ago. The idea was that government authorities, particularly the central bank, would manipulate the economy to correspond with election cycles, a practice that continues to this day.
Original article: The Political Business Cycle 50 Years Later
Ours in an age when people panic, sometimes for good reasons but often for bad. Governments benefit from panicked citizenry, which is why we always should question those political decisions that can turn our lives upside down.
Original article: Don’t Be A Panican, But Question Government Shenanigans
A free market economy does not generate jobs or money. Instead, it creates wealth through exchange and production. Government intervention, contrary to what mainstream economists believe, does not enhance wealth, but instead destroys it.
Original article: Wealth Generation and the Market Economy
By Samuel Menashe
Well, it took him long enough, but Donald Trump has now decided Vladimir Putin doesn't want peace. Who knew? Um...a lot of people? Plus, what's this about how Israel needs to wrap it up already? Give a listen. And don't forget to subscribe to the podcast anywhere you get your podcasts.
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We know what happened on November 22, 1963, at Dealey Plaza in Dallas, but there is a lot about that terrible day we don't know. But we also know that President Kennedy challenged the National Security State. Did it cost him his life?
Original article: https://mises.org/mises-wire/jfk-and-burden-proof
One of the most important markets in the global economy is the bond market.
The bond market doesn’t get as much attention as the market for stocks. Yet, the global market for bonds is actually larger than the total value of all publicly traded stocks.
Moreover, bond markets have the power to influence policy and possibly even topple governments.
Learn more about bonds and the bond market, and how they work on this episode of Everything Everywhere Daily.
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Jon, Lovett, Tommy, and Dan talk about the administration's attempt to bar Harvard from enrolling international students and other new Trump threats, including possible sweeping tariffs on the EU and Apple products. The guys answer your questions on everything from the future of Democratic leadership and why some Senate Democrats keep voting with Trump, to whether a future Democratic president should roll back executive power. Plus: who's surprisingly not terrible in Trump 2.0? How would they handle a Trump interview? Finally, some thoughts on Bluesky, how use AI without losing your mind… and whether 100 Crooked staffers could take down a gorilla.
For a closed-captioned version of this episode, click here. For a transcript of this episode, please email transcripts@crooked.com and include the name of the podcast.