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In criticizing the progressive notion of equity, or equality of results, critics of such views embrace an order of “meritocracy.” F.A. Hayek, however, understood that in a free society, inequality is inevitable, and it is something we must accept.
Original article: https://mises.org/mises-wire/why-hayek-rejected-merit-based-equality
The NHS is warning of an unprecedented flu season - we check what the numbers say.
Is there really a mass exodus of Brits leaving the UK due to Labour tax policies? We look at the latest emigration figures.
We take a look at the prison service’s curious habit of letting prisoners out early – or keeping them in for too long - is there a trend?
Plus - why the US economy can’t grow at 25 percent a year.
Presenter: Tim Harford Reporter: Nathan Gower Producers: Charlotte McDonald, Katie Solleveld, Lizzy McNeill and Tom Colls. Production co-ordinator: Maria Ogundele Sound mix: Gareth Jones Editor: Richard Vadon
Nate and Maria give out their second annual awards for decision-making in 2025: Who made the best decision this year? Who made the worst? Who were 2025’s biggest nits and degens? And which host had the best poker year?
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array(3) { [0]=> string(184) "https://www.omnycontent.com/d/clips/e73c998e-6e60-432f-8610-ae210140c5b1/951120d9-cf6e-4224-93d7-b15c014dcea5/b828f2fd-6b34-4420-a0f0-b3b5017154b1/image.jpg?t=1765930370&size=Large" [1]=> string(10) "image/jpeg" [2]=> int(0) }Tensions between Venezuela and the U.S. have been growing over the past few months. And last Wednesday, the pressure point was oil.
The U.S. government seized a tanker it says was filled with illegal oil headed to the black market, in violation of sanctions.
The seizure was an unprecedented move. And it represents an escalation in the standoff between the two countries. In recent months, the U.S. has struck nearly two dozen suspected drug boats in nearby waters, issued new sanctions targeting Venezuela, and increased its naval presence in the Caribbean.
The U.S. has long had economic and political interests in Venezuela. And the oil industry there has been a key part of that relationship. Francisco Monaldi, director of the Latin American Energy Program at the Baker Institute at Rice University, explains how the two nations got to this point.
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President Trump and Hegseth are cashing a blank check for carnage that was written years earlier by President Barack Obama.
Original article: https://mises.org/power-market/obamas-powerpoint-death-parade-led-trumps-venezuelan-killings
Eli Lake joins the podcast to discuss "The Palestine Firsters," his lead article in the January issue of COMMENTARY. Why do Ben Rhodes and a cast of others on the left and right want America to work against its core interests by breaking the U.S.-Israel alliance? Give a listen.
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The drive to religious freedom in America was carried out overwhelmingly in the state legislatures—and the federal First Amendment had almost nothing to do with it.
Original article: https://mises.org/mises-wire/how-religious-freedom-america-was-founded-privatization-and-decentralization
“This lightbulb went off that almost no one was asking these questions.”
In 2006, Elie Hassenfeld and a few of his friends pooled some money they wanted to donate to charity. And they wanted to find charities where their money would go the farthest in improving lives. That information, it turned out, was incredibly hard to find.
That was the seed of GiveWell. For almost a decade, GiveWell has dedicated itself to rigorously researching the impact of charities around the world and channeling donations to the ones that are the most effective at saving lives. It might sound simple, but this was a radically new approach in the world of charitable giving, and the work itself isn’t simple at all.
I’ve supported GiveWell through the years. So as the year winds down and other people might be thinking about giving to a charity, I wanted to invite Hassenfeld, GiveWell’s chief executive, on the show to talk through this work. How does it measure impact? Are there limits to what you can measure? As an organization, has it made mistakes? What does it really mean to give well?
If you like what you hear, I hope you’ll also consider donating to GiveWell. Learn more at givewell.org.
Mentioned:
“Trust in Radical Truth and Radical Transparency” by Ray Dalio
Clinton Health Access Initiative (CHAI)
Book Recommendations:
Factfulness by Hans Rosling with Ola Rosling and Anna Rosling Rönnlund
Poor Economics by Abhijit V. Banerjee and Esther Duflo
Behind the Beautiful Forevers by Katherine Boo
Thoughts? Guest suggestions? Email us at ezrakleinshow@nytimes.com.
You can find transcripts (posted midday) and more episodes of “The Ezra Klein Show” at nytimes.com/ezra-klein-podcast, and you can find Ezra on Twitter @ezraklein. Book recommendations from all our guests are listed at https://www.nytimes.com/article/ezra-klein-show-book-recs.
This episode of “The Ezra Klein Show” was produced by Jack McCordick. Fact-checking by Michelle Harris, with Kate Sinclair. Our senior engineer is Jeff Geld, with additional mixing by Isaac Jones. Our executive producer is Claire Gordon. The show’s production team also includes Marie Cascione, Annie Galvin, Rollin Hu, Kristin Lin, Emma Kehlbeck, Marina King and Jan Kobal. Original music by Aman Sahota and Pat McCusker. Audience strategy by Kristina Samulewski and Shannon Busta. The director of New York Times Opinion Audio is Annie-Rose Strasser.
Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.