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Donald Trump and Chinese premier Xi decided to back off their big fight and make concessions to each other for a year rather than end up in a full-scale trade war. The question: Did this aggressive move by Trump serve any real purpose? Give a listen.
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NY Rep. Ritchie Torres has a new challenger: Bronx-based teacher and member of the Party for Socialism & Liberation Andre Easton, who joins Bad Faith to talk about his decision to run outside of the Democratic Party and how Zohran's latest campaign moves -- such as retaining NYPD commissioner Jessica Tisch -- might illustrate the risks of running within the duopoly. Is it possible to be in solidarity with Palestinian liberation while allying with liberal Zionists? As Andre asks, is the left fighting to get a good guy elected in a bad system? Or are we fighting for a system that doesn't tolerate "bad guys" to exist within it? What does "success" look like to an outsider insurgent campaign, and how can a leftist like Andre compete without the public financing and rank choice voting dynamics that benefited Mamdani?
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Produced by Armand Aviram.
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Henry Hazlett wrote in Economics in One Lesson that each generation has to relearn economic fallacies that government employs when implementing bad policies. New Yorkers are about to learn a lot of new lessons.
Original article: https://mises.org/mises-wire/all-means-elect-mamdani-and-watch-his-socialist-laboratory-work
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China and India have a long, complicated history. Just a few years ago, there was a spate of armed skirmishes between the two nations. And yet, there are signs of warming relations amidst President Trump’s ongoing trade war. Today on the show, is that trade war pushing India toward China? And what could happen if two of the world’s largest economies come together?
Related episodes:
China’s trade war perspective
What might save China's economy
Is the US pushing countries towards China?
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.
When companies need a loan, traditionally they turn to a bank.
But increasingly they’re turning to financial firms that are not really banks, but do have a lot of cash. This is called the “private credit” market. It has exploded in the past 15 years. It’s now valued at around $2 trillion.
Natasha Sarin, president of the Yale Budget Lab and former Biden administration official, argues that these private credit firms are making risky loans. So risky, that they’ve got her thinking about the 2008 financial crisis.
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This episode was produced by Erika Ryan and Alejandra Marquez Janse, with audio engineering by Andie Huether and Josephine Nyounai. It was edited by Adam Raney and John Ketchum. Our executive producer is Sami Yenigun.
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Trump's team is citing the fentanyl crisis to justify its escalations near Venezuela. But virtually all illicit fentanyl is made and smuggled thousands of miles away. If war or regime change in Venezuela is good for the American people, why hide the true motivations?
Original article: https://mises.org/mises-wire/trump-administration-lying-us-another-war
Today's podcast takes up a story you may not yet know about because the media aren't reporting on it: A blockbuster report from the House detailing the ways in which Joe Biden in 2024 and 2025 was not actually performing his presidential duties and his aides were. Also: since when is Hamas breaking a ceasefire supposed to be reported out as Israel breaking a ceasefire? Since now. Give a listen.
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The food stamp program is a way for Pepsico and the Coca-Cola company to legally rip off the taxpayers.
Original article: https://mises.org/mises-wire/how-food-industry-lobbyists-keep-food-stamp-gravy-train-going