Category: Series

Chelsea striker Liam Delap has recently stunned fans on Instagram by apparently doing incredibly complicated calculations in his head, finding what’s known as the cube root of some very large numbers.

But is he really a human calculator? Or is there something else going on? Tim Harford speaks to Rob Eastaway, mathematician and author of ‘Maths on the Back of an Envelope’ to learn about the trick you can use to pull this off - and while he’s here we also ask him about the trend of more goals being scored in the Premier League.

Presenter: Tim Harford Producers: Nathan Gower Series Producer: Tom Colls Editor: Richard Vadon Programme Coordinator: Brenda Brown Sound Engineer: James Beard Credit: Video of Liam Delap from Chelsea’s Instagram account, chelseafc

Modern political economy is based upon a Machiavellian belief in might makes right. Yet, political power cannot accomplish what free markets and private property rights have done in lifting billions of people out of poverty.

Original article: https://mises.org/mises-wire/machiavelli-dead-why-politics-without-property-rights-rules-and-moral-limits-cannot-work

From time to time, the American people need to be reminded who is the boss. The boss is the US government. The citizenry are the serfs, the servants, the subordinates.

Original article: https://mises.org/power-market/ruthlessness-and-brutality-us-government

It’s a weird time for jobs numbers. Another month, another jobs report pushed back by the Bureau of Labor Statistics. Averaging two private sources, ADP and Revelio Labs: an estimated 4,500 jobs were added in January. Sounds like … not many. 

And, yet, the unemployment rate hasn’t seemed to have risen. This might be, in part, due to the Trump administration’s immigration crackdown. We’ll explain through the story of one Angeleno.

On today’s show, how bad are these job numbers? Or are they not bad at all? And what does immigration have to do with it? 

Related episodes: 
Can we still trust the monthly jobs report? (Update) 
What you need to know about the jobs report revisions 
What really goes on at the Bureau of Labor Statistics (Update) 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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Restoring the rule of law and Constitutional government on immigration—something wrecked by Trump's rule-by-decree with federal agents—is vastly more important than expelling illegal immigrants.

Original article: https://mises.org/mises-wire/trump-immigration-and-ice

The fact  that the Republican and Democratic parties are allowed to circulate into key positions of government is proof enough that they are no threat to the true governing elites.

Original article: https://mises.org/mises-wire/why-americas-two-party-system-will-never-threaten-true-political-elites

If California voters and politicians do not understand the current crisis, we will see the continuous march to perdition as California politicians refuse to acknowledge that they are killing the geese laying the golden eggs.

Original article: https://mises.org/mises-wire/idiocracy-california-politics