Inflation is not just an economic phenomenon. It also undercuts the foundations of a civilization, leading to the breakdown of society itself.
Original article: https://mises.org/mises-wire/road-de-civilization-inflation-and-moral-erosion-society
Cato Podcast - The Shutdown That Solved Nothing
Romina Boccia, Michael F. Cannon, and Adam Michel break down the 43-day government shutdown driven by demands to extend temporary Obamacare subsidies for upper-income households earning well into six figures. The trio examines how the stalemate exposed deeper structural problems: runaway entitlement growth, perverse state incentives, a fragile food stamp and air-traffic control system, and a federal budget process unable to handle partisan deadlock.
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The Indicator from Planet Money - How to make switching jobs not terrifying
The U.S. labor market is stagnant right now, with little hiring and lots of people holding onto their jobs for dear life. In Denmark, there’s a different kind of labor system where it’s easy for employers to hire and fire, but at the same time people have a strong safety net in-between jobs. Today on the show, we learn how “flexicurity” works through the story of a Danish woman who left her job, and we ask how the model could work in the U.S.
Related episodes:
Why do we live in unusually innovative times?
How Marxism went from philosophy to cudgel
Ozempic's biggest side effect: Turning Denmark into a 'pharmastate'? 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 Tyler Jones. Translation from Jasmine Lolila. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
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Engines of Our Ingenuity - The Engines of Our Ingenuity 3340: Scissors
Episode: 3340 We look at the curious mechanics behind scissors. Today, let’s look at scissors.
Audio Mises Wire - Roger Williams: Exemplar of America’s Soul
Roger Williams, the Baptist minister whose libertarian views ran afoul of the Massachusetts Bay Colony authorities, should be honored as one of this country’s early libertarians.
Original article: https://mises.org/mises-wire/roger-williams-exemplar-americas-soul
The Indicator from Planet Money - The winner’s curse
Ever put in the winning bid for something on an auction site only to realize you significantly overpaid? Yeah, there’s a phrase for that. On today’s show: the winner’s curse.
Richard Thaler’s new book with Alex O. Imas is The Winner’s Curse: Behavioral Economics Anomalies, Then and Now.
Read Planet Money’s newsletter on the winner’s curse.
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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Engines of Our Ingenuity - The Engines of Our Ingenuity 1473: Titanic and Great Eastern
Episode: 1473 Two unsinkable ships: the Titanic and the Great Eastern. Today, a story of two ships. One sank. One didn't.
Engines of Our Ingenuity - The Engines of Our Ingenuity 1472: Big Numbers
Episode: 1472 New uses for huge numbers. Today, big numbers find new meaning.
Engines of Our Ingenuity - The Engines of Our Ingenuity 1471: Jamestown and Suicide
Episode: 1471 Some thoughts about immigrants, depression, suicide & Jamestown. Today, a story about Jamestown and self-destruction.
More or Less - Has there been a $50 trillion wealth transfer to the richest Americans?
Bernie Sanders says a vast amount of wealth - $50 trillion - has moved from 90% of the population to the wealthiest Americans since the 1970s. The figure comes from a study by Carter Price, a senior mathematician at nonprofit research institute the RAND Corporation.
Tim Harford speaks to Carter to understand how he calculated his figures and what they really mean.
If you’ve seen a number in the news you think we should take a look at, email moreorless@bbc.co.uk
Presenter: Tim Harford Producer: Nicolas Barrett Series producer: Tom Colls Sound mix: Giles Aspen Editor: Richard Vadon