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While we often speak of measurements of inflation (such as "inflation went up by three percent"), in reality, one cannot accurately measure it, given official measurements consist of arbitrary weighted averages. It is better to see inflation as qualitative, not quantitative.
Original article: https://mises.org/mises-wire/fallacy-measuring-inflation
The floodwaters in Texas were just subsiding when Democrats claimed that the death toll was due to staffing cuts at the National Weather Service. Of course, the truth is much different, but this was just one more incident of how natural disasters have become politicized in this country.
Original article: https://mises.org/mises-wire/texas-floods-another-disaster-another-false-narrative
Now is the time to admit that easy-money policy and corporate bailouts—imposed in the name of increasing homeownership—has only made housing more unaffordable.
Original article: https://mises.org/mises-wire/homeownership-rate-lower-now-it-was-45-years-ago
Today we discuss the president's dinner with Bibi Netanyahu and the clear bond between the two—and Trump's consistent support for Israel over his two terms. And we relate it to the surprising turn on Ukraine, with Trump now saying he will send weapons there and disavowing his own administration's withholding of arms. Give a listen.
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President Trump cracked down on the latest version of the LA riots by calling in the National Guard. However, much of the violence that accompanied those riots came courtesy of government actors.
Original article: https://mises.org/mises-wire/riots-are-symptom-statist-disease
Is misinformation really a new crisis—or just the latest chapter in a centuries-old debate over truth, speech, and power? In this episode, Cato Institute’s Jennifer Huddleston and David Inserra unpack the cultural and policy panic surrounding misinformation and disinformation in the age of AI, deepfakes, and viral tweets. Who should decide what counts as truth online? Plus, why humility, media literacy, and a competitive internet might be better solutions than censorship.
Show Notes:
Jennifer Huddleston, "AI and the Future of Our Elections" Testimony, September 27, 2023
Jennifer Huddleston and David Inserra, "Oversight Board Comment on Misinformation and Manipulated Media: The Importance of Free Expression in the Debate over Misinformation" cato.org, October 25, 2023
Jennifer Huddleston, "The Rush to Regulate AI Coule be the Death of Parody" National Review (Online), January 26, 2024
David Inserra and Jennifer Huddleston, "Actually, Tim Walz, the First Amendment Does Protect Misinformation and ‘Hate Speech’" National Review, August 11, 2024
Jennifer Huddleston and Emma Hopp, "What the Past Can Teach Us about Our AI Fears" Reason, October 29, 2024
David Inserra and Brent Skorup, "Comments in Response to FCC “Delete, Delete, Delete” Initiative" cato.org, April 11, 2025
David Inserra, "The Misleading Panic over Misinformation" Policy Analysis No. 999, June 26, 2025
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Don‘t kid ourselves. The federal government is hurtling toward disaster with its destructive activities underwritten by the Federal Reserve System. It‘s best that we know how to protect ourselves from the consequences.
Original article: https://mises.org/mises-wire/political-machine-rolls-regardless
Donald Trump and Zohran Mamdani are both proof of how the ability to capture attention is power. And the attention economy isn’t reshaping just politics; it’s also reshaping the actual economy: the crypto market, A.I. venture capital, and how people, especially Gen Z, are making career decisions. Kyla Scanlon has emerged as a leading theorist on the economics of attention and is herself a member of Gen Z. She is the author of the book “In This Economy?” and Kyla’s Newsletter on Substack. I asked her on the show to walk us through her theory of the attention economy.
This episode contains strong language.
Mentioned:
“Gen Z and the End of Predictable Progress” by Kyla Scanlon
“‘We Are the Most Rejected Generation’” by David Brooks
“A Divided Gen Z Is Crying for Mercy” by Rachel Janfaza
“The Price of Nails Since 1695” by Daniel E. Sichel
Give People Money by Annie Lowrey
“The World of Wrestling” by Roland Barthes
“Peter Thiel and the Antichrist” by Interesting Times with Ross Douthat
Book Recommendations:
The Screwtape Letters by C.S. Lewis
A Grief Observed by C.S. Lewis
Jonathan Livingston Seagull by Richard Bach
Thoughts? Guest suggestions? Email us at ezrakleinshow@nytimes.com.
You can find the transcript and more episodes of “The Ezra Klein Show” at nytimes.com/ezra-klein-podcast. Book recommendations from all our guests are listed at https://www.nytimes.com/article/ezra-klein-show-book-recs.html
This episode of “The Ezra Klein Show” was produced by Rollin Hu. Fact-checking by Michelle Harris. Fact-checking by Michelle Harris with Kate Sinclair. Our senior engineer is Jeff Geld, with additional mixing by Aman Sahota. Our executive producer is Claire Gordon. The show’s production team also includes Marie Cascione, Annie Galvin, Elias Isquith, Marina King, Jan Kobal, Kristin Lin and Jack McCordick. Original music by Pat McCusker. Audience strategy by Kristina Samulewski and Shannon Busta. The director of New York Times Opinion Audio is Annie-Rose Strasser.
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