Cato Podcast - One and a Half Cheers for SCOTUS

Cato's Clark Neily and Mike Fox give the most recent SCOTUS term a B- grade on criminal law. While they celebrate some unanimous victories like Barnes v. Felix (requiring courts to consider totality of circumstances in police use-of-force cases) and Martin v. United States (allowing federal tort claims against law enforcement), they express frustration with the Court's repeated refusal to hear cases involving the "petty offense doctrine," appellate waivers in plea bargains, and felon-in-possession gun laws—all issues with clear circuit splits that affect large numbers of people.


The episode concludes with a celebration of Fox's efforts that led to presidential pardons for John Moore and Tanner Mansell, achieving justice where the courts failed.



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The Indicator from Planet Money - Why the Fed could lose $1.5 trillion

The Fed is on the hook for an estimated one-and-a-half trillion dollars. Despite the recent headlines, that's not because of building renovations. It's a much larger cost blowout caused by big actions taken during the pandemic to help the economy: quantitative easing.

Today on the show, we talk to both a critic of these actions and someone who helped put those those actions in play.

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Audio Mises Wire - Mother O’ Mercy! Is This the End of the Cal Bullet Train?

The Trump administration has withdrawn its promised $4 billion for the California Bullet Train project because this project does not have a viable future. While they may complete the 171-mile Central Valley portion, the rest of the project is dead in the water.

Original article: https://mises.org/mises-wire/mother-o-mercy-end-cal-bullet-train

Audio Mises Wire - Trump’s Tariff Ship Has Sailed: The Chinese Ship Levy

President Trump is proposing a $1.5 million levy on Chinese-built ships that enter US harbors. Since a majority of cargo ships have been produced by Chinese shipyards, the costs would be substantial. This action also would damage US exports, yet another unintended consequence of US policies.

Original article: https://mises.org/mises-wire/trumps-tariff-ship-has-sailed-chinese-ship-levy

Audio Mises Wire - The FTC versus Fortnite: “Consumer Protection” is Consumer Deception

The Federal Trade Commission has fined the makers of the video game Fortnite more than $500 million ostensibly for violations that have no legal basis. This is yet another case of the feds shaking down producers in the name of “consumer protection.”

Original article: https://mises.org/mises-wire/ftc-versus-fortnite-consumer-protection-consumer-deception