A pattern for blending in. And for standing out.
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A pattern for blending in. And for standing out.
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Learn about your ad choices: dovetail.prx.org/ad-choicesInflation 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
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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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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
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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