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Politicians are touting “affordability” to describe the current regime of rising prices. However, most lawmakers who claim they are trying to make things more affordable demand policies that make things more costly.
Original article: https://mises.org/mises-wire/why-affordability-wrong-term-describe-effects-inflation
A bad end is most likely though even in the best case scenario of AI increasing living standards. The build-up of asset inflation malinvestment and overleveraging will impose huge costs.
Original article: https://mises.org/mises-wire/not-so-new-dollar-strategy-monetize-productivity-advance
The layoffs at the Washington Post are the source of bitter media tears today, but the Post's staff did it to themselves, and we explain why—and why it's failed where the New York Times and the New York Post have both succeeded. Give a listen.
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Thanks to the Federal Reserve, the US government will always have enough printed money to fund its tyrannical schemes.
Original article: https://mises.org/mises-wire/have-fiat-money-will-tyrannize
People wanting to purchase heat pumps might soon face sticker shock. Many consumers have sought out energy credits to find a greener and more affordable alternative to heating oil, but the tax credit to help make them cheaper has expired. Today on the show: how homeowners, the renewables industry, and its critics all feel about it.
Related episodes:
Metals, government debt, and a climate lawsuit
All these data centers are gonna fry my electric bill … right?
Cold-o-nomics
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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President Trump wants to close the Kennedy Center for two years. He says a massive renovation is coming.
But so far, there are few details about what that renovation will look like, physically, and what it will mean to the nation’s performing arts center and its patrons.
David Graham has been sifting through the clues, and he talks with NPR about what is known, and what could be lost in the upheaval.
For sponsor-free episodes of Consider This, sign up for Consider This+ via Apple Podcasts or at plus.npr.org. Email us at considerthis@npr.org.
This episode was produced by Henry Larson and Connor Donevan, with audio engineering by Ted Mebane. It was edited by Sarah Handel.
Our executive producer is Sami Yenigun.
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Totalitarian societies do not become that way overnight. There are recognizable signs and stages which show how a society slides into that abyss.
Original article: https://mises.org/mises-wire/five-stages-totalitarianism
Eli Lake joins us today to discuss the question of what might come after the mullahs in Iran, and we ask: What is the president doing, calling for Republicans to nationalize elections? Give a listen.
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There is no reason to be surprised by the total lack of commitment to any ideological standards. Nor is there any reason to expect anything better. That's just how American politics works.
Original article: https://mises.org/mises-wire/its-no-surprise-conservatives-have-rediscovered-their-love-federal-power