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Understanding any era of history requires the ability to view complex things. However, people often employ simple narratives as their historical guides, which leads to wrong conclusions. The pre-war history of the American South is one that is much more complex than the narratives imply.
Original article: https://mises.org/mises-wire/complexity-historical-narratives
What use is the Fed's supposed devotion to being "data-driven" when the data itself is unreliable and the Fed is basing its policies on data that is thoroughly wrong?
Original article: https://mises.org/mises-wire/fed-says-it-data-driven-data-isnt-any-good
Today's podcast notes the deep problems with Donald Trump firing the head of the agency that issues the jobs report every month while also noting that these job numbers reports are horrible and no one is trying to fix them. And we note our deep sadness and anger at those who are conveniently shifting their views on Israel to conform with the liberal blob. Give a listen.
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Internet culture journalist and opinion columnist Taylor Lorenz returns to Bad Faith to discuss the rise of tech policies like mandatory ID legislation that threaten free speech and social movements which, over the last few years, have grown with the aid of independent media. But first, we discuss the viral New York Times article "The Trouble With Wanting Men," which examines why women are "fed up" with dating men, and whether this "heterofatalism" is surmountable.
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Thanks for modern Keynesian economics, most people believe money gains its value from the government that issues it. Money's value, however, is historically tied to the value of the commodity from which money was derived.
Original article: https://mises.org/mises-wire/how-does-money-acquire-its-value
In an attempt to compete with the Soviet Union by bringing future elite political leaders from Africa to study in US universities, Sen. John Kennedy and the CIA inadvertently spread Marxism here and abroad. One product of this program was bringing Mamdani's Marxist father to the US.
Original article: https://mises.org/mises-wire/how-jfk-and-cia-gave-nyc-zohran-mamdani-and-obama-us
Oklahoma City will be building a new arena for the 2025 NBA Champions Thunder. Not surprisingly, the taxpayers will be the ones carrying most of the financial burden.
Original article: https://mises.org/mises-wire/thunderously-bad-deal-oklahoma-citys-crony-arena-tax