The US economy is hooked on easy money and artificially low interest rates. Huge credit expansions are not “stimulating” the economy; they are destroying it.
In criticizing the progressive notion of equity, or equality of results, critics of such views embrace an order of “meritocracy.” F.A. Hayek, however, understood that in a free society, inequality is inevitable, and it is something we must accept.
The Christkindlmarket, the CTA holiday train and “A Christmas Carol” at the Goodman Theatre. Chicago is full of holiday traditions. In this episode, we get an intimate look at the annual theater production through the eyes of our Chicago Sun-Times colleague, Stefano Esposito as he takes to the stage.
The NHS is warning of an unprecedented flu season - we check what the numbers say.
Is there really a mass exodus of Brits leaving the UK due to Labour tax policies? We look at the latest emigration figures.
We take a look at the prison service’s curious habit of letting prisoners out early – or keeping them in for too long - is there a trend?
Plus - why the US economy can’t grow at 25 percent a year.
Presenter: Tim Harford
Reporter: Nathan Gower
Producers: Charlotte McDonald, Katie Solleveld, Lizzy McNeill and Tom Colls.
Production co-ordinator: Maria Ogundele
Sound mix: Gareth Jones
Editor: Richard Vadon
Absent a holiday miracle, premium subsidies for the Affordable Care Act are set to expire at the end of this year. This will greatly increase the cost of health insurance for many who rely on the marketplace for their coverage. Today on the show, we are visited by the ghosts of Obamacare past, present and future to learn what’s next for this landmark healthcare legislation.
The One Big Beautiful Bill Act made a lot of changes to the federal student loan system. One of those changes put a new cap on the amount of loans students in graduate school can take on. Today on the show, we explain the theory behind this change and how it could impact the broader labor market going forward.
The drive to religious freedom in America was carried out overwhelmingly in the state legislatures—and the federal First Amendment had almost nothing to do with it.