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
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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Engines of Our Ingenuity - The Engines of Our Ingenuity 1470: Occam’s Razor
Audio Mises Wire - The Meaning of Revolution
The revolutionaries include the pamphleteer writing in his study, the journalist, the agitator, the organizer, the campus activist, the theoretician, the philanthropist.
Original article: https://mises.org/mises-wire/meaning-revolution
Audio Mises Wire - Food Stamps and the Federal War on Self-Reliance
The government “shutdown” and the so-called threat to the food stamp program may be abated for now, but we need to understand why this program has metastasized in recent years. James Bovard tells us why.
Original article: https://mises.org/mises-wire/food-stamps-and-federal-war-self-reliance
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
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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