The child-like obsession with buying stuff that American society is often criticized for around Christmas is a sought-after result of our government’s monetary policy.
Original article: America’s Problem with Consumerism Is the Government’s Fault
Audio Mises Wire - The Poor Man of Nippur and Austrian Economic Principles
The Austrian school recognizes that economic analysis is timeless and the ancient story of “The Poor Man of Nippur” provides an excellent example. From time preference to the structure of production, many of the lessons are contained in this story.
Original article: The Poor Man of Nippur and Austrian Economic Principles
Audio Mises Wire - We Desperately Need Sound Money, Not Tariffs
President-elect Donald Trump has declared that he will raise tariffs his first day in office. Our economy, however, does not need government-created roadblocks to trade. Instead, we need free exchange and sound money.
Original article: We Desperately Need Sound Money, Not Tariffs
Audio Mises Wire - The Pretense of Knowledge
Fifty years ago today, December 11, 1974, F.A. Hayek gave his Nobel Lecture in Sweden. The conflict between what the public expects science to achieve in satisfaction of popular hopes, and what is really in its power, is a serious matter.
Original article: The Pretense of Knowledge
Audio Mises Wire - Should Central Banks Accommodate Increases in Demand for Money?
One of the fallacies pushed by monetary economists is that a growing economy needs a growing supply of money in order to prevent deflation, which they claim is as harmful as inflation. However, as Austrians point out, there is no “optimum” amount of money in the economy, since prices adjust.
Original article: Should Central Banks Accommodate Increases in Demand for Money?
Audio Mises Wire - Is the Fed Loosening or Tightening? It’s Complicated.
Thanks to the Fed's balance sheet and the Fed's policy on reverse repurchase agreements, it's hard to tell whether the Fed is being hawkish or dovish.
Original article: Is the Fed Loosening or Tightening? It’s Complicated.
The Indicator from Planet Money - Running the numbers on deportation, interest rates and math
Why haven't American 8th graders' math scores recovered? Does Immigration and Customs Enforcement (ICE) actually have the resources to make all the deportations Trump's promised? And what's the path for interest rates in the Trump economy? All that on Indicators of the Week.
Related Episodes:
The U.S. once banned Chinese immigrants — and it paid an economic price
Why Is The Fed So Boring?
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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Related Episodes:
The U.S. once banned Chinese immigrants — and it paid an economic price
Why Is The Fed So Boring?
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.
Learn more about sponsor message choices: podcastchoices.com/adchoices
NPR Privacy Policy
Cato Daily Podcast - Would Wider Access to GLP-1s Throttle Addiction?
Drugs like Ozempic show potential to help those with addiction with little downside risk. How quickly can their availability be expanded? Nicholas Reville of CASPR makes his case.
Hosted on Acast. See acast.com/privacy for more information.
Engines of Our Ingenuity - The Engines of Our Ingenuity 1321: Century-Old Solar Collector
Episode: 1321 A modern solar collector, a century before its time. Today, an idea whose time had not yet come.
Curious City - Drama, scandal or scores: What takes a sports team down?
It’s no secret that last year was the worst year in Chicago sports. Last episode we got into what that means for future fans.
But 2024 wasn’t the absolute worst for every individual Chicago team. Sometimes a bad season isn’t defined by a long losing streak or a record number of losses. Sometimes it’s the internal turmoil and drama on the team.
Today, we take a look at the individual worst years for our beloved Chicago teams with legendary sports journalist Cheryl Raye-Stout and Chicago sports superfan and host of Quita Loves Sports, Quita. We get into how some of these teams redeemed themselves … only to end up back here.