Now is the time to admit that easy-money policy and corporate bailouts—imposed in the name of increasing homeownership—has only made housing more unaffordable.
President Trump cracked down on the latest version of the LA riots by calling in the National Guard. However, much of the violence that accompanied those riots came courtesy of government actors.
Is misinformation really a new crisis—or just the latest chapter in a centuries-old debate over truth, speech, and power? In this episode, Cato Institute’s Jennifer Huddleston and David Inserra unpack the cultural and policy panic surrounding misinformation and disinformation in the age of AI, deepfakes, and viral tweets. Who should decide what counts as truth online? Plus, why humility, media literacy, and a competitive internet might be better solutions than censorship.
Don‘t kid ourselves. The federal government is hurtling toward disaster with its destructive activities underwritten by the Federal Reserve System. It‘s best that we know how to protect ourselves from the consequences.
Twentieth and twenty-first century monetary history shows us how our government, step-by-step, removed the monetary gold standard and introduced their fiat paper currency dollar to fund their increasing political power.
The One Big Beautiful Bill Act is now law. It's expected to cost the government a pretty penny. The Congressional Budget Office predicts a $3.4 trillion increase in the deficit over ten years. This is driven by significant tax cuts, including extensions of those made in 2017.
Trump's advisors argue the tax cuts will pay for themselves. Today on the show, we speak with the guru on that school of thought, Arthur Laffer, and dig into some of those claims with a tax economist.
Related episodes: The simple math of the big bill (Apple / Spotify) What's going to happen to the Trump tax cuts? (Apple / Spotify) So, how's this No Tax On Tips thing gonna go? (Apple / Spotify)
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
A central belief of collectivists is that people think collectively, too. Whether one is a member of a class, religious group, or ethnic group, collectivism holds that each group has distinct interests that determine how individuals in the group think. Mises would have disagreed.
Although President Trump has claimed that tariffs will ultimately raise our standard of living, they really are taxes on consumers. Furthermore, tariffs also deny consumers the choices they want to make.
Monetarists have long believed that the Fed should pursue policies of low inflation in order to counter the effects of lower prices through enhanced productivity. Thus, they reason, overall prices will remain stable. Such policies actually promote economic instability.