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

The Indicator from Planet Money - 50-year mortgages, falling real wages, and doing your rideshare due diligence

It’s … Indicators of the Week! We look at some of the most fascinating economic numbers from the news and bring them to you.

On today’s episode: The cost of living is outstripping wage growth for most of us, the math behind the Trump administration’s proposed 50-year mortgages, and how we’re just giving Uber and Lyft free money

Related episodes: 

Trump's plans for the housing market 

The Money Illusion: Have Americans really gotten a raise? 


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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Audio Mises Wire - Rothbard: World War I as the Triumph of Progressive Intellectuals

November 11 was once known as Armistice Day, the day set aside to celebrate the end of WWI. In this essay Rothbard discusses the war as the triumph of several Progressive intellectual strains from the late 19th and early 20th centuries.

Original article: https://mises.org/mises-wire/rothbard-world-war-i-triumph-progressive-intellectuals

Cato Podcast - Don’t Do It, Mr. President: The Prospect of a US War in Venezuela

The Cato Institute's Justin Logan and Brandan P. Buck unpack the Trump administration’s shifting justifications for military action in Venezuela, from fentanyl and cocaine interdiction to Monroe Doctrine revivalism. They explore the legal and strategic risks of invoking war powers under dubious pretenses, warning that the push for regime change could repeat the mistakes of Libya and Iraq while doing little to solve the hemisphere’s drug or governance problems.


Show Notes:

https://www.theamericanconservative.com/dont-do-it-mr-president/

https://www.theamericanconservative.com/when-peace-through-strength-means-war-is-peace/

https://www.cato.org/commentary/us-military-cant-solve-fentanyl-crisis


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Curious City - Beyond the settlement: Helping Chicago’s many survivors of police torture

Chicago passed a reparations ordinance 10 years ago for the survivors of police torture committed under the direction of disgraced Chicago police commander Jon Burge. As we learned in our last episode, monetary reparations alone cannot heal decades of trauma. In this episode, we take a closer look at the limits of monetary settlements and what else survivors need to heal. We also take a look at how Chicago’s reparations ordinance is looking 10 years later with Aislinn Pulley, the executive director of the Chicago Torture Justice Center, which was established as part of the reparations ordinance.

The Indicator from Planet Money - Where the US got $20B to bail out Argentina

The U.S. is committed to bailing out Argentina to the tune of $20 billion using a little known mechanism called the Exchange Stabilization Fund. On today’s show, what is this fund, why was it created and does Argentina have any hope of paying it back? 

Related episodes: 
Dollarizing Argentina  

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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