The Indicator from Planet Money - Are we in an economic ‘doom loop’?

Trade wars. Financial panics. Inflation. How come it feels like it’s all bad news in the global economy these days? Economist Eswar Prasad’s answer: something he calls the ‘doom loop.’ That’s where massive geopolitical and economic forces feed off each other and send us careening into disorder. Sounds dire. But it’s not hopeless.

On today’s show, are we in a doom loop? And if we are … how do we get out of one?

Eswar Prasad’s new book is called “The Doom Loop: Why the World Economic Order Is Spiraling into Disorder”.

Related episodes: 
Is the financial media making us miserable about the economy?
Why are some nations richer?

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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More or Less - Is this Premier League striker a secret maths genius?

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

Audio Mises Wire - Machiavelli Is Dead: Why Politics Without Property Rights, Rules, and Moral Limits Cannot Work

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