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The buildup of American forces in the Middle East as the Iran talks falter has us asking: is war coming, or is it all just negotiating bluster? Plus, republicans brace for the midterms, and Washington DC's historic sewage spill.
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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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The Rev. Jesse Jackson died this week at the age of 84. The civil rights leader, minister, and protege of the Rev. Martin Luther King Jr. helped shape the modern Democratic Party.
Abby Phillip is an anchor at CNN and the author of A Dream Deferred: Jesse Jackson and the Fight for Black Political Power. She says Jackson’s impact on politics can be traced back to his 1984 and 1988 failed presidential bids.
The top of this episode features additional reporting from NPR's Cheryl Corley.
This episode was produced by Erika Ryan and Connor Donevan with audio engineering by Hannah Gluvna and Ted Mebane. It was edited by John Ketchum. Our executive producer is Sami Yenigun.
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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
The Civil Rights Act, first passed in 1964, is falsely connected with freedom. In reality, this law severely restricts individual liberty and replaces it with coercive government acts.
Original article: https://mises.org/mises-wire/why-we-should-repeal-civil-rights-act
Today we discuss the legacies of the recently-deceased Robert Duvall and Jesse Jackson, AOC's blunders and Marco Rubio's triumph at the Munich Security Conference, and John recommends You've Got Mail.
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From the Jacksonians to the Marxists, political theorists have understood that there is something unique about "small industry" between big business and propertyless workers.
Original article: https://mises.org/mises-wire/brief-history-petite-bourgeoisie
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