Former President Donald Trump recently suggested that if elected in this year's presidential election he would want more say on decisions made by the Federal Reserve. Presidents taking a more active role in monetary policy would mark an extraordinary shift in U.S. economic institutions, and mark the end of central bank independence.
Today on the show, why the Federal Reserve insulates itself from day-to-day politics, and what it looks like when central banks are influenced by politicians.
Related Episodes:
Happy Fed Independence Day (Update)
Arthur Burns: shorthand for Fed failure?
How the Fed got so powerful
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Cato Daily Podcast - Does Expanding Educational Freedom Hammer State Budgets?
Giving parents a wider variety of choices for their own kids means disrupting existing institutional power. But does enhancing parental choice in education "blow a hole" in state budgets? Cato’s Neal McCluskey evaluates the case of Arizona.
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Cato Daily Podcast - Americans Seem Fine with Protectionism as Long as It’s Costless
New polling from the Cato Institute asks Americans to weigh their preferences for Buy American policies against the very real likelihood that protectionism will hit them in their pocketbooks. Scott Lincicome and Emily Ekins detail the results.
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The Indicator from Planet Money - The Denver basic income experiment
Homelessness is a pervasive issue that cities across the country struggle to address. This led an entrepreneur to team up with researchers and local foundations for an experiment called the Denver Basic Income Project. The goal was to see how different variations of a basic income program would impact the local homeless population. What the researchers found could become a guide for how localities in the United States could address the problem of homelessness.
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Cato Daily Podcast - Google and What Makes a Monopoly
What makes a monopoly depends on who you ask and what’s being monopolized. In the case of Google, it's a narrow focus on one element of its business: search. Jennifer Huddleston details how a court concluded that Google, despite its many competitors, is still a search monopolist.
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The Indicator from Planet Money - Beach reads with a side of economics
It's that time of year when we want to lie on a beach and lose ourselves in a good book. Today on the show, three summer reading recs that got our hosts thinking about economics. Remember, anything read on the beach is, in fact, a "beach read."
Books recommended in this episode:
• Exit West by Mohsin Hamid (B&N, Bookshop)
• Everything Is Predictable: How Bayesian Statistics Explain Our World by Tom Chivers (B&N, Bookshop)
• Range: Why Generalist Triumph in a Specialized World by David Epstein (B&N, Bookshop)
Related episodes:
How Asimov's 'Foundation' has inspired economists (Apple / Spotify)
The carbon coin: A novel idea
Beach reads for econ nerds
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
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Books recommended in this episode:
• Exit West by Mohsin Hamid (B&N, Bookshop)
• Everything Is Predictable: How Bayesian Statistics Explain Our World by Tom Chivers (B&N, Bookshop)
• Range: Why Generalist Triumph in a Specialized World by David Epstein (B&N, Bookshop)
Related episodes:
How Asimov's 'Foundation' has inspired economists (Apple / Spotify)
The carbon coin: A novel idea
Beach reads for econ nerds
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
Learn more about sponsor message choices: podcastchoices.com/adchoices
NPR Privacy Policy
More or Less: Behind the Stats - Is planet Earth getting greener?
Canadian psychologist and culture war commentator Jordan Peterson says planet Earth has got 20% greener in the last 20 years.
But satellite data tells a different story.
We investigate the correct number, with the help of Dr Chi Chen, from Rutgers University in the US.
Presenter: Kate Lamble Series producer: Tom Colls Production co-ordinator: Brenda Brown Sound mix: Giles Aspen Editor: Richard Fenton-Smith
The Indicator from Planet Money - Google’s monopoly, gold medals and gasping markets
Indicators of the Week is a show dedicated to highlighting some of the most interesting numbers in the news. Today, we break down our favorite indicators in Google's antitrust defeat, the currency trade in Japan that jolted global markets and another way of creating an Olympic medal tally.
Related episodes:
Is Google search getting worse? (Apple / Spotify)
Why the Olympics cost so much (Apple / Spotify)
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Related episodes:
Is Google search getting worse? (Apple / Spotify)
Why the Olympics cost so much (Apple / Spotify)
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
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The Indicator from Planet Money - You can’t spell Olympics without IP
The International Olympic Committee has developed a reputation over the years for stringently enforcing its trademarks during the summer games. It has good reason to, with brands like Coca-Cola and Visa paying top dollar for exclusive sponsorship rights. Today on the show, the lengths the IOC will go to protect its trademarks and how smaller brands try to avoid their dragnet.
Related episodes:
Why the Olympics cost so much (Apple / Spotify)
Peacock, potassium and other Paris Olympics Indicators (Apple / Spotify)
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
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Related episodes:
Why the Olympics cost so much (Apple / Spotify)
Peacock, potassium and other Paris Olympics Indicators (Apple / Spotify)
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
Learn more about sponsor message choices: podcastchoices.com/adchoices
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Cato Daily Podcast - Is 2024 a Crypto Election?
How have candidates navigated the thorny politics of cryptocurrency? Nicholas Anthony discusses how crypto crept into the 2024 election.
Hosted on Acast. See acast.com/privacy for more information.