Scottish moral philosopher and political economist (1723-1790)
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In this episode, our host and CEO, Ross Overline reflects on what Scholars of Finance built in 2025—and what 2026 demands from finance leaders in a rapidly changing world.Released on Martin Luther King Jr. Day, this episode starts with a question that sits at the heart of SOF's mission: What kind of society are we trying to build—and what responsibility does capital carry in it? From there, Ross shares a clear look back at SOF's growth in 2025—tripling leadership development for students and serving 4,000+ future finance leaders—before laying out SOF's 2026 theme: Adaptive Excellence.Episode Segments:Growth in 2025: A behind-the-scenes look at how SOF strengthened student formation, expanded chapter presence, and grew the community supporting principled finance leadership.2026: Adaptive Excellence in the Age of AI: A candid assessment of what's changing in finance—AI, automation, and rising competition—and what it means to stay both excellent and values-grounded. Ross shares how SOF will evolve curriculum, coaching, partnerships, and alumni support to keep members on the leading edge.Generosity as a Moral Requirement of Capitalism: Zooming out, Ross reflects on a fractured society and the growing tension between individualism and collectivism—drawing on MLK and Adam Smith to make a case for generosity as a form of moral leadership. The episode closes with a simple challenge: if excellence is rising, generosity must rise with it.Whether you're a student entering the industry, an alum navigating early career, or a senior leader shaping institutions, this episode is designed to re-anchor your year in character—and to raise the bar for what leadership in finance can look like.
Why a federal judge accused Trump administration officials of engaging in an “unconstitutional conspiracy,” and what it means for the future of free speech in America; Rep. Adam Smith goes in on Trump's misadventures in Venezuela, Greenland and Iran; Trump's latest threat to place tariffs on American allies; and we go inside the current state of Trump's economy To listen to this show and other MS podcasts without ads, sign up for MS NOW Premium on Apple Podcasts. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Everyone knows putting yourself around the right people is important. Easier said than done. Some people only seem to drag you down. Others are good for you, but don't have much time for you. They're busy. And so are you. Then there are moments where you're surrounded by good people, but all your interactions just seem to skim the surface. You want more. But you don't want to make it weird. Is that even avoidable? If you can't become your best self all by yourself, where do you go from here? If you're new with us, let us know how we can be praying for you, we invite you to fill out an online Connect Card by visiting https://southhillschurch.churchcenter.com/people/forms/91550—If you are looking for what is next for you, we invite you to fill out an online “Next Steps” card by visiting https://southhillschurch.churchcenter.com/people/forms/672517To give with us select the Give tab on the Church Center App or visit https://southhills.org/giving/ and select the Corona Fund or Corona BOW Fund—Visit our Linktree to find out more about everything mentioned in today's message or follow along with the message slides:https://linktr.ee/SouthHillsCorona —To RSVP for On-Campus Events select the Events tab on the Church Center App or visit https://southhills.org/corona/
Matthew 5:17–20 | Adam Smith
In this episode of The Rational Egoist, Michael Liebowitz is joined by Gene Epstein, one of the most articulate and consistent defenders of free markets in modern economic journalism.Gene Epstein served as economics editor of Barron's from 1993 to 2018, where his long-running Economic Beat column became required reading for anyone serious about understanding macroeconomics beyond slogans and political talking points. Throughout his career, Epstein challenged the assumptions behind monetary manipulation, deficit spending, regulation, and state “management” of markets, insisting that economic outcomes must be understood as the result of individual choice, incentives, and real-world constraints—not good intentions or bureaucratic planning.The conversation also explores Epstein's role as founder and director of The Soho Forum, a debate platform that has become one of the few remaining venues for rigorous, civil, high-level disagreement on economics, liberty, and social policy. Epstein discusses why open debate matters, why bad ideas survive when they are not challenged, and how intellectual honesty—not consensus—is the engine of progress.This episode is a clear-eyed discussion about why markets work, why government intervention repeatedly fails, and why economic freedom is not merely efficient, but necessary for human flourishing.Gene Epstein (born 1944) is an American economist, writer, and public intellectual. He served as economics editor of Barron's for 25 years and authored the influential Economic Beat column, where he analysed macroeconomic trends and exposed the unintended consequences of government intervention. He is the founder and director of The Soho Forum, a New York–based debate series dedicated to serious discussion of libertarian ideas in economics and social policy.Michael Liebowitz is the host of The Rational Egoist podcast, a philosopher, author, and political activist committed to the principles of reason, individualism, and rational self-interest. Deeply influenced by the philosophy of Ayn Rand, Michael uses his platform to challenge cultural dogma, expose moral contradictions, and defend the values that make human flourishing possible.His journey from a 25-year prison sentence to becoming a respected voice in the libertarian and Objectivist communities is a testament to the transformative power of philosophy. Today, Michael speaks, writes, and debates passionately in defence of individual rights and intellectual clarity.He is the co-author of two books examining the failures of the correctional system and the redemptive power of moral conviction:Down the Rabbit Hole: How the Culture of Corrections Encourages Crimehttps://www.amazon.com.au/Down-Rabbit-Hole-Corrections-Encourages/dp/197448064XView from a Cage: From Convict to Crusader for Libertyhttps://books2read.com/u/4jN6xjXenia Ioannou is the producer of The Rational Egoist, responsible for overseeing the publishing, presentation, and promotion of each episode to ensure a consistent standard of clarity, professionalism, and intellectual rigour.She is the CEO of Alexa Real Estate, a property manager and entrepreneur, and serves on the Board of Directors of the Ayn Rand Centre Australia, where she contributes to strategic direction and public engagement with ideas centred on reason, individual rights, and human freedom. Xenia also leads Capitalism and Coffee in Adelaide, creating a forum for thoughtful discussion on philosophy and its application to everyday life.Join Capitalism and Coffee here:https://www.meetup.com/adelaide-ayn-rand-meetup/Follow Xenia's essays at her Substack:https://substack.com/@xeniaioannou?utm_source=user-menuBecause freedom is worth thinking about — and talking about.#GeneEpstein #TheRationalEgoist #FreeMarkets #EconomicFreedom #Liberty #SohoForum #Barrons #IndividualRights #Capitalism #IdeasMatter
Rep. Adam Smith is the ranking member of the House committee that's supposed to have oversight on the Department of Defense—yes, that's what he still calls it. But from strikes on Venezuela to ICE surges in Minneapolis, “oversight” isn't a key function of Congress these days.Guest: Rep. Adam Smith, ranking member of the House Armed Services Committee, representative from Washington's Ninth District.Want more What Next? Subscribe to Slate Plus to access ad-free listening to the whole What Next family and across all your favorite Slate podcasts. Subscribe today on Apple Podcasts by clicking “Try Free” at the top of our show page. Sign up now at slate.com/whatnextplus to get access wherever you listen.Podcast production by Elena Schwartz, Paige Osburn, Anna Phillips, Madeline Ducharme, and Rob Gunther. Hosted on Acast. See acast.com/privacy for more information.
Rep. Adam Smith is the ranking member of the House committee that's supposed to have oversight on the Department of Defense—yes, that's what he still calls it. But from strikes on Venezuela to ICE surges in Minneapolis, “oversight” isn't a key function of Congress these days.Guest: Rep. Adam Smith, ranking member of the House Armed Services Committee, representative from Washington's Ninth District.Want more What Next? Subscribe to Slate Plus to access ad-free listening to the whole What Next family and across all your favorite Slate podcasts. Subscribe today on Apple Podcasts by clicking “Try Free” at the top of our show page. Sign up now at slate.com/whatnextplus to get access wherever you listen.Podcast production by Elena Schwartz, Paige Osburn, Anna Phillips, Madeline Ducharme, and Rob Gunther. Hosted on Acast. See acast.com/privacy for more information.
Rep. Adam Smith is the ranking member of the House committee that's supposed to have oversight on the Department of Defense—yes, that's what he still calls it. But from strikes on Venezuela to ICE surges in Minneapolis, “oversight” isn't a key function of Congress these days.Guest: Rep. Adam Smith, ranking member of the House Armed Services Committee, representative from Washington's Ninth District.Want more What Next? Subscribe to Slate Plus to access ad-free listening to the whole What Next family and across all your favorite Slate podcasts. Subscribe today on Apple Podcasts by clicking “Try Free” at the top of our show page. Sign up now at slate.com/whatnextplus to get access wherever you listen.Podcast production by Elena Schwartz, Paige Osburn, Anna Phillips, Madeline Ducharme, and Rob Gunther. Hosted on Acast. See acast.com/privacy for more information.
Rep. Kelly Morrison discusses being blocked from entering an ICE facility in Minneapolis; remembering Renee Good; Rep. Adam Smith discusses President Trump's true intentions for Venezuela and Greenland, and how it may preview a new era of American Imperialism To listen to this show and other MS podcasts without ads, sign up for MS NOW Premium on Apple Podcasts. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
We all want our lives to matter. We want to make a difference, have an impact, leave a legacy, change the world. But how's that going to work? Because you're you, living here… on a limited budget. Sure, there's stuff you could do, but most of it is so… common. You're destined for big things. It's just that no one will give you the opportunities you deserve. But what if the most life-changing opportunities are the ones you already have access to? What might happen if you decided to start small and fill the needs you found, instead of waiting for something profound? If you're new with us, let us know how we can be praying for you, we invite you to fill out an online Connect Card by visiting https://southhillschurch.churchcenter.com/people/forms/91550—If you are looking for what is next for you, we invite you to fill out an online “Next Steps” card by visiting https://southhillschurch.churchcenter.com/people/forms/672517To give with us select the Give tab on the Church Center App or visit https://southhills.org/giving/ and select the Corona Fund or Corona BOW Fund—Visit our Linktree to find out more about everything mentioned in today's message or follow along with the message slides:https://linktr.ee/SouthHillsCorona —To RSVP for On-Campus Events select the Events tab on the Church Center App or visit https://southhills.org/corona/
3pm: Last day of the Face-Lift Fill-In Shows // Nordic people know how to beat the winter blues. Here’s how to find light in the darkest months // Demond Williams Jr. returning to UW, apologizes for timing of transfer announcement // Rep. Adam Smith calls on Congress to rein in ‘chaos’ of CFB after UW transfer // Snohomish High School offers varsity letter for skilled trades — a state first // Skilled workers are in demand: These trade jobs pay the most // Amy Madigan is shocked by Critics Choice Awards win for 'Weapons' // Does an influx in campy movies relate to a strained culture?
On todays Zero Limits Podcast host Matty Morris chats with Adam Smith 2nd Commando Regiment and Victoria Police Special Operations Group Adam joined the military in 2005 first kicking off his career as an infantry solider at the 2nd Battalion Royal Australian Regiment. During his time there he deployed twice to Timor Leste.In 2008 he attempted and completed selection for the 2nd Commando Regiment also completing his reinforcement cycle training to receive his green beret. He deployed on numerous occasions on SOTG to Afghanistan and to Iraq. After an extensive career within the special forces Adam did a lateral transfer to the Victorian Police however after the academy he went straight to the Special Operations Group. Noting post military discharge he remained with the 1st Commando Regiment a reserve special forces unit in Melbourne.Send us a text however note we cannot reply through these means. Please message the instagram or email if you are wanting a response. Support the showWebsite - www.zerolimitspodcast.comInstagram - https://www.instagram.com/zero.limits.podcast/?hl=enHost - Matty Morris www.instagram.com/matty.m.morrisSponsors Instagram - @gatorzaustralia www.gatorzaustralia.com15% Discount Code - ZERO15(former/current military & first responders 20% discount to order please email orders@gatorzaustralia.com.au Instagram - @3zeroscoffee 3 Zeros Coffee - www.3zeroscoffee.com.au 10% Discount Code - 3ZLimits Instagram - @getsome_au GetSome Jocko Fuel - www.getsome.com.au 10% Discount Code - ZEROLIMITS
A Washington Democrat wants to change rules around license plate readers. Rep. Adam Smith says that Congress needs to step in and rein in the ‘choas’ of college football after UW’s QB transferred. UW study shows Washington teens distracted by phones, which is prompting a push to ban them. // Big Local: The News Tribune analyzes whether Sheriff Keith Swank spends too much time on X. Tacoma is adding more traffic cameras. Spokane leaders propose land‑value tax pilot to curb land speculation and address housing crisis. // You Pick the Topic: Young people are increasingly dropping cigarettes for vaping.
China shock 2.0, $1trillion surplus, Adam Smith. Is the neoliberal global order coming to an end? Is it China's fault? Do they care?In this episode we tackle the underlying questions surrounding fears of China's domination of all major manufacturing industries. Should China stop what they're doing? If so, why? And if why, how should they bring back balance and let us poor Westerners keep some of our jobs?We also talk globalisation, who's really to blame for the current situation, and why Orientalism plays a bigger role than you might think.Join the 12 China books in 12 months bookclub by following Sinobabble on Substack: https://sinobabble.substack.com/Buy me a coffee: https://www.buymeacoffee.com/sinobabblepodLinks to everything: https://linktree.com/sinobabbleSupport the showSign up for Buzzsprout to launch your podcasting journey: https://www.buzzsprout.com/?referrer_id=162442Subscribe to the Sinobabble Newsletter: https://sinobabble.substack.com/Support Sinobabble on Buy me a Coffee: https://www.buymeacoffee.com/Sinobabblepod
An engaging investigation of how 13 key Enlightenment figures shaped the concept of race, from the acclaimed author of Diderot and the Art of Thinking Freely. Over the first decades of the 18th century, Christianity began to lose its grip on the story of humankind. Yet centuries of xenophobia, religious intolerance, and proto-biological ideas did not simply disappear. This raw material was increasingly “processed” by secularly minded thinkers who claimed the right to rethink the category of the human. By century's end, naturalists and classifiers had divided the human species into racial categories using methods that we now associate with the Enlightenment era. In Biography of a Dangerous Idea, prize-winning biographer and Enlightenment specialist Andrew S. Curran retells this story through the medium of group biography. Written more like a detective story than traditional history, the book traces the emergence of race through the lives of 13 pivotal figures, among them Louis XIV, Buffon, Linnaeus, Voltaire, Hume, Adam Smith, Blumenbach, Kant, and Jefferson. Moving from the gilded halls of Versailles to the slave plantations of the Caribbean, from the court of the Mughal Empire to the drawing rooms of Monticello, this sweeping narrative not only reveals how the Enlightenment's ultimate Promethean quest intertwined with systems of oppression and empire, but also offers a groundbreaking reassessment of the era's most famous luminaries. Andrew S. Curran is the William Armstrong Professor of the Humanities at Wesleyan University. Caleb Zakarin is CEO and Publisher of New Books Network. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/history
Less than a week after the U.S. captured Venezuela’s President Nicolas Maduro, the Coast Guard seized two oil tankers accused of violating U.S. sanctions. One of the vessels, seized in the North Atlantic, was registered in Russia. The Trump Administration is leaning on Venezuela to open up its oil industry to U.S. companies and oust the influence of Russia and China. President Trump said Tuesday that Venezuela will turn over 30 to 50 million barrels of oil to the U.S. As this new era of interventionism unfolds, Greenland also appears to have returned to the top of the White House’s agenda. We talked to Rep. Adam Smith, the Democratic ranking member on the House Armed Services Committee, about all of that and more. NOTE: News is developing quickly, and we spoke to Rep. Smith just after 10am PT. Head to npr.org or KUOW for the latest updates. GUEST: Rep. Adam Smith, Democrat, Washington's 9th district Thank you to the supporters of KUOW, you help make this show possible! If you want to help out, go to kuow.org/donate/soundsidenotes Soundside is a production of KUOW in Seattle, a proud member of the NPR Network. See omnystudio.com/listener for privacy information.
"When the Wright brothers got their airplane up in the air for the first time, it wasn't because they overcame the laws of physics, it was because they figured out how to harness those laws." - Patrick Kilbride, Policy Fellow at the Center for American Principles The rate and scale of change taking place around us are so destabilizing that it would be easy to think that 'old ideas' no longer apply. Could economic principles that were articulated in the late 1700s possibly be relevant in a global, digital economy? Patrick Kilbride, Policy Fellow at the Center for American Principles, and principal at Kilbride Public Affairs, says yes – and he recently re-read Adam Smith's Wealth of Nations to prove it to himself. Patrick is a public policy expert with experience as a Deputy Assistant U.S. Trade Representative. He has held a number of executive strategy- and policy-focused roles at the U.S. Chamber of Commerce. Today, he is a Policy Fellow at the Center for American Principles, a 501(c)(4) focused on personal liberties, free markets, and strong national security. In this episode of the Art of Supply podcast, Kelly Barner speaks with Patrick about the wisdom Adam Smith and his contemporaries can still offer us today: Why (and which) economic principles articulated during the Enlightenment still hold true today The quality of life improvements that have been driven by productivity gains despite population growth The role that governments can play in supporting enlightened self-interest Links: Patrick Kilbride on LinkedIn The Center for American Principles Kelly Barner on LinkedIn Art of Supply LinkedIn newsletter Art of Supply on AOP Subscribe to This Week in Procurement
Chris Sullivan with a Chokepoint: Good news for those driving on I-5 in DuPont // Luke Duecy with a Tech Talk: Cyber experts warn of AI use by data hackers // Charlie Commentary on lies surrounding the Climate Commitment Act // Congressman Adam Smith on the ICE shooting in Minnesota, and President Trump's movements in Venezuela // Gee Scott on people moving to Washington state
Trump administration officials briefed a select group of bipartisan lawmakers on Venezuela in a classified setting this evening. One person who was in the briefing, Rep. Adam Smith, the ranking member of the House Armed Services Committee, joins Anderson to discuss what was learned. And former CIA Director and head of U.S. Central Command, retired General David Petraeus, gives his perspective on the historic U.S. military operation leading to Maduro's arrest. Learn more about your ad choices. Visit podcastchoices.com/adchoices
In this episode recorded live from the 2025 Reagan National Defense Forum in Simi Valley, hosts Lauren Bedula and Hondo Geurts welcome back Ranking Member Adam Smith of the House Armed Services Committee for the second year in a row. Following his morning keynote address, Rep. Smith discusses the current state of defense innovation and acquisition reform, which he characterizes as a "good news, bad news situation" with significant progress on technology and industrial base transformation occurring alongside political challenges at the Pentagon. The conversation addresses the growth of the defense startup ecosystem, changes in congressional approach to defense programs, concerns about tariff impacts on supply chains, and differing views on foreign policy realism emerging from the forum's discussions.Five Key Takeaways:The defense startup ecosystem has grown substantially: Companies including Shield AI, Palantir, C3 AI, and various drone manufacturers are now developing capabilities like collaborative combat aircraft with private investment. Rep. Smith notes that approximately two-thirds of the companies sponsoring the Reagan Forum didn't exist when the forum began.Traditional defense contractors are adapting to increased competition: Rep. Smith observes that major defense primes historically preferred long-term, stable contracts with established subcontracting relationships but have demonstrated capacity to innovate when faced with competitive pressure from new entrants in the market.Congressional priorities on defense programs have evolved: Under bipartisan leadership, the House Armed Services Committee has moved away from a focus on district-specific funding toward emphasizing innovation and new technology development.Current tariff policy may complicate supply chain diversification efforts: Rep. Smith expresses concern that tariffs on countries like Vietnam, Malaysia, Thailand, and Mexico could hinder efforts to reduce dependence on Chinese manufacturing. He indicates that some companies reconsidering moves out of China have paused plans due to tariff considerations affecting alternative locations.Debate continues over the definition of foreign policy realism: Rep. Smith distinguishes between what he considers "genuine realism," maintaining commitments to democratic values while making practical compromises, and approaches he views as reverting to great power competition without values-based considerations. He argues the latter approach carries risks based on historical precedents from earlier eras of international relations.
In this episode of the Weinberg in the World podcast, Olyvia Chinchilla '18 shares how early experiences (from studying abroad in Poland to working with a Stanford-affiliated nonprofit) shaped her passion for economics, social justice, and empathy-driven research. Olyvia reflects on the challenges and rewards of creating change, emphasizing the importance of adaptability, framing conversations, and seeing people beyond statistics. Her career journey spans teaching, global research, and policy analysis. Transcript: Leonie: How did your career begin, and what were your career goals coming out of undergrad? Olyvia: Well, I believe I mentioned while I was at Northwestern, I had been in the reserve officer training course, I had been planning to go into the Navy, and that ended up not panning out because of a few athletic injuries. But earlier in my time at Northwestern, I believe it was the summer of my sophomore year, I studied abroad. And I was studying in Poland and it was my first time actually being out of the country, so it was super exciting. And I was just super excited also to explore Poland because my mom is originally from Poland. So it was just this really amazing moment. And I remember going into that program not being able to fully form sentences, to then leaving the program a few weeks later and literally just talking to my friends in the program in Polish as we tried to navigate the city. And I owed a lot of that to one of the instructors there at the program. So she spoke Polish the whole time, but she was so patient whenever we couldn't get it or we didn't understand or there's a translation error. And I think in that moment, my passion for learning was melded with my... I had this vision of perhaps using that to then also teach. So I had this idea, it stuck in the back of my mind, "Oh, maybe I could take a year off and teach or teach down the road." I did not take a year off, I went back to Northwestern, but I was at a career fair later. And one of the first people I ran into was a national teaching organization. And so that, again, kind of stoked that thought in my mind. And I had planned to actually teach for that program I got accepted, but then I took a year off actually to have a medical procedure following one of the athletic injuries. And when I took that year off, I'm like, "I'll just go to San Francisco for a few months and then Australia for the rest of that year." That was my plan to travel as I recovered. But when I got to San Francisco, I ended up getting in touch through the Northwestern network with a nonprofit based out of Stanford University, so they were sponsored by Stanford. And it was perfect because it melded my interest in teaching because they had a large educational component in the program for fifth through 12th grade students. And then there was also a significant amount of research being conducted by all of the people at the institution. So it was such, I think, a perfect blend for me because then I got to teach as well as do a lot of research for the program. And I actually ended up researching five continents, or I should say four. I didn't go to the last one, but I definitely traveled the whole world doing that research. So it was quite exciting. Leonie: Wow. What subjects were you teaching? Olyvia: So the program was structured so that people could focus on their specialties in teaching and research. So I was focused on economic and social policy, and I had colleagues that worked on immigration more specifically, more specifically on cybersecurity, technology issues. I did cover some of technology like AI issues where it met with economics. So I say I covered a lot of issues, but my specialty was always coming at it from an economic and social perspective. Leonie: And then I assume the research you were doing was related to economic policy? Olyvia: Yes, yes. Policy, but I would say also some of the societal and ethical questions that come up along with policymaking as well as just how communities work and operate. So for example, when we were studying immigration, we were also interviewing a lot of local businesses on the US-Mexico border. We talked with a lot of locals, nonprofits, immigration advocates. So it was kind of like a 360-degree look, but I was always the one who brought that economic knowledge and thought a lot about a lot of social issues too. So that's why several years later, I actually went to London to get a master's in political sociology. So that politics and society part, I think was definitely an element along with the economics. Leonie: Yeah. And you kind of touched on this earlier when you were speaking, but you can expand on it now. What was your motivation for going into this field? Olyvia: So I think I've always just been really fascinated with how people think and how people also are affected by different structures. And that's where the economics piece comes in because economics, of course, impacts different people differently, impacts different communities differently based on how the policies are structured. So I, for almost as long as I can remember, have been interested in economics. I remember as a 12-year-old, I read Adam Smith's The Wealth of Nations, and it was a really long book, but at that age, I was still really fascinated by it. So I've always just had that interest, how money interacts with people. But as I've went along, and definitely the role I was in really opened myself to thinking even more about a lot of the ways in which money and economics also creates wealth disparities, racial disparities, disparities for other minorities, like gender groups. So I feel like all of that, my thought and motivation has evolved quite a bit, I will say, but I think that as I've come along in my career, I've really, as I've just talked to so many people across the entire world, whether it's the communities in Colombia that are still recovering from drug trafficking or whether it's in Iceland talking to different police and then social groups or Portugal as they're working on drug decriminalization, and then seeing that in San Francisco as well in the criminal justice system, just having all of these conversations has really made me really just be motivated to see how we can create the best world for marginalized groups. Leonie: Yeah. And then along those lines, what has been the most rewarding and the most challenging aspect of your job? Olyvia: So for one, for teaching, it was incredibly rewarding to be able to work with students and to see them understand something. And I think it felt to me a little bit of a puzzle when they didn't as well, how's the best way you can communicate, what's the best way to present a topic? And what I found actually, which was interesting to me with teaching was that oftentimes the way I would structure a lesson to start would actually be the exact opposite of how I would end up teaching it. So I would perhaps structure it linearly, and then I compared it to pulling a plastic bag inside out. You would take something from the middle of that linear story and move it to the beginning and switch things around because I think the way that we actually think is often different than the way that we're tempted to explain things. So working with that jigsaw puzzle of how to best explain things was also very fascinating. And I think it's also inspired a lot of my thought process about even as I move forward with potentially moving more into policy implementation or other work and policy, definitely that experience will shape that moving forward because I find how we frame conversations around social policymaking really makes a big difference in terms of how it's understood, how it's received, even how people access the program, for example. There was a study I found very fascinating that was conducted, I believe it was by the University of Minnesota economists. And what they found was that even if they sent a letter in the mail to underprivileged students saying, "Hey, you qualify for this scholarship," but it was actually the same sort of funding they would get anyway just based on their need status, students were more likely to apply for that program. And so I think things like that are really fascinating where we're framing and conversation, thinking about how people think, not just students, but people broadly really does have a big impact on policy. So I think it was very just amazing and fulfilling to actually have that opportunity to grapple with that. But I think also even just the idea of stepping into a space where you're actively envisioning, researching, working towards creating a better world was very fulfilling. On the flip side, I think it is the same thing that's rewarding in that regards is also sometimes one of the challenges that I think definitely as someone who I really aspire to be a changemaker, and I think that that's sometimes you're constantly learning, constantly thinking. And I think sometimes it's easy to... It's challenging, I should say. It's easy to get burnt out or it's easy to perhaps work too hard maybe. But I would say, for example, even just some of the interviews that we conducted with people were challenging even to talk to unhoused people in the city or to talk to people in poverty in Aspen, Colorado when we were studying poverty there, or to interview people that had fled from Gaza and to hear their stories, all of those were definitely very emotionally challenging stories. And I think to meet people in that space, you have to give out a certain amount of empathy and understanding, even if it's for research purposes. And I think just navigating that balance was challenging in its own way. Leonie: Definitely. I think the point about balance is a really good one. I think being able to incorporate empathy into research is a very critical skill that I think sometimes is lacking. So I really do appreciate that point. And based on your vast experiences, how has your mindset towards your career evolved over time? Olyvia: It's interesting because I guess when I was younger, maybe a teenager, I was like, "Oh, A, B, C." And then when I was at Northwestern and it was like, "Well, you do this, and then that, and then this, and it's maybe not quite as linear as the alphabet, but it's point A, B, C." And so you kind of move forward. I think more recently I've come to realize that there's, and this has been a recurring lesson actually. It's not just now, but I would say when I left the military, for example, that was a lesson I was like, "There's many routes to the same destination. If service is one of my goals, there's many ways to serve, even if it's not in the military." Nowadays, I'm thinking about the fact that I stayed in San Francisco many years longer than I had expected. I was supposed to stay for three months, it became three years, six years, and counting at the moment. So I think one of the things I really realized is that sometimes life takes you in very different directions than you would've expected, and that's the same with your career. I think that definitely can be a challenge to be patient and understanding with the evolution that takes place, but definitely the experiences may be just as fulfilling on a very different route than what you had envisioned. Leonie: Yeah. Bringing us back to our Northwestern connection, are there any moments in your career that reminded you of CORE connected you to a lesson you learned at Northwestern? Olyvia: What I mentioned earlier about having the capacity to balance your own emotional needs as well as create change and serve, all of those lessons were lessons that I really learned at Northwestern. I remember when I was in ROTC, we watched this video that the Cleveland Clinic had put out, and it was a video that just shows different scenes in the hospital, but then it has thought bubbles next to the people. So for example, the girl petting the dog, it's like, "Well, her dad's dying of cancer. Or the woman sitting in the waiting room, she saw something on her mammogram." So all of these different thoughts and emotions people are experiencing, but you don't really know anything about it. And having such a diverse community at Northwestern as well as just thinking about that practice of empathy every day really helped me to see that even at Northwestern and since then, is that you might run into someone and think, "Oh, I don't know what to think about this person," or, "Oh, they're frustrating me at work," or, "Oh, this is happening." But a lot of times there's a lot more beneath the surface than we expect. So I think that lesson of empathy as well as humility is definitely... And I'd say empathy, humility, as well as endless possibilities for different lives of different people that all came together and sent me on a passion for learning and understanding people because I've come full circle, but I would say all of those lessons have really stuck with me throughout my work. And I'd say along those lines, in research, everyone that you're interviewing is more than a statistic. Leonie: Absolutely. Olyvia: A lot of times it's really hard to quantify things and we do our best as researchers, but sometimes what doesn't go into the research is actually sometimes the most impactful in many ways. Leonie: Yeah. Thank you for that answer. I'm a philosophy major and we've been talking a lot about character virtues, and so empathy comes up a lot in our classes. And yeah, seeing how you're able to use empathy in your research and looking at people's more than a statistic, I remember saying it before. Yeah, I think that's really touching and it gives me faith in the further research world and what people are able to do when they look at people beyond just their statistical measurements and whatnot. Yeah. Is there- Olyvia: Well, and I think to that point though, I think even if we think about ways that we've began to see different characteristics that have been left out of research, for example, even if we think about rates of death among African-American women during childbirth, or if we think about maybe other environmental effects of certain policies on particular communities that live by highways, for example, and low-income communities, all of that, if you don't look at the bigger picture, might go unnoticed, but definitely if you bring in those larger stories to individual people, you can understand a situation better. Leonie: Absolutely. Thank you for that.
Spend five minutes scrolling social media and you can identify five places you'd love to live. Especially if you're unhappy with where you're at. Your ideal of somewhere else is flawless. But you've memorized every imperfection of your current reality. It's tempting to daydream about how much better your life would be if you lived somewhere else, worked somewhere else, were married to someone else. Is that true though? Even if you found something better, wouldn't you just still be you in a different location or situation? How do you become the best version of you regardless of where you are? What if the solution isn't uprooting, but digging deeper right where you're at? If you're new with us, let us know how we can be praying for you, we invite you to fill out an online Connect Card by visiting https://southhillschurch.churchcenter.com/people/forms/91550—If you are looking for what is next for you, we invite you to fill out an online “Next Steps” card by visiting https://southhillschurch.churchcenter.com/people/forms/672517To give with us select the Give tab on the Church Center App or visit https://southhills.org/giving/ and select the Corona Fund or Corona BOW Fund—Visit our Linktree to find out more about everything mentioned in today's message or follow along with the message slides:https://linktr.ee/SouthHillsCorona —To RSVP for On-Campus Events select the Events tab on the Church Center App or visit https://southhills.org/corona/
Tonight on The Last Word: Polls show voters are furious at the start of the midterm year. Also, New York City Mayor Zohran Mamdani promises to govern “audaciously.” Plus, Iran protests are growing amid a deepening economic crisis. And lawmakers threaten Attorney General Pam Bondi with contempt over incomplete Epstein files. Timothy Snyder, Robert Reich, Bobby Ghosh, Rep. Adam Smith, and Lisa Rubin join Ali Velshi. To listen to this show and other MS podcasts without ads, sign up for MS NOW Premium on Apple Podcasts. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Washington Congressman Adam Smith said something remarkably stupid about using the military to target drug traffickers. The DOJ is suing Washington State for refusing to hand over voter registration information. Seattle now has the highest rate of residents with a college degree of any major city in the United States. // Seattle activists held one of the most pathetic protests ever against Amazon. // Vanderbilt QB Diego Pavia issued an apology for a post that bashed Heisman trophy voters after he didn’t win the award. A Chiefs player reacted in real time to finding out that the team had been eliminated from the playoffs.
In this hour of At Home with Gary Sullivan, Gary dives into home improvement projects with a focus on rejuvenating kitchen cabinets. He shares tips on how to restore a finish, remove old waxes and oils, and even paint cabinets like a pro. Gary also talks to Adam Smith from Dumond Global about their products, including Smart Strip, which can safely remove lead-based paints and other coatings. With a focus on safety and ease of use, Adam explains how to use the product to strip surfaces without harsh chemicals or fumes.See omnystudio.com/listener for privacy information.
In this hour of At Home with Gary Sullivan, Gary dives into home improvement projects with a focus on rejuvenating kitchen cabinets. He shares tips on how to restore a finish, remove old waxes and oils, and even paint cabinets like a pro. Gary also talks to Adam Smith from Dumond Global about their products, including Smart Strip, which can safely remove lead-based paints and other coatings. With a focus on safety and ease of use, Adam explains how to use the product to strip surfaces without harsh chemicals or fumes.See omnystudio.com/listener for privacy information.
The Anfield Wrap react to a poor game versus Leeds, discuss potential transfers and look ahead to the match against Fulham at the weekend. John Gibbons is joined by Adam Smith, Phil Blundell and Ian Salmon. Subscribe to The Anfield Wrap for more reaction to all the news and events that matter to you… Learn more about your ad choices. Visit podcastchoices.com/adchoices
We tried an experiment this week—livestreaming the taping of this week's episode on Steve's 'Political Questions" Substack. We think is was a success even though Steve's camera froze up several times along the way. John Yoo hosts this first episode of the year, which is devoted entirely to understanding and critiquing "post-liberalism," currently one of the hottest new things going on the right today. (John makes reference to one of our live clashes with a leading post-liberal, which Steve wrote up here.)Attacks on the classical liberalism of the American Founding are not new from the left—Marx hated John Locke perhaps above all others except perhaps Adam Smith—and there have always been conservative critics of Lockean liberalism, starting with Edmund Burke back in the 1790, but also like Leo Strauss whose famous short phrase was that materialism Lockeanism would devolve into "a joyless quest for joy." This is an urgent and relevant question as we move toward the 250th anniversary of the Declaration of Independence mid-year, and while we expect the 1619 Project left will be out in force attacking the Declaration for the usual stupid reasons, we'll also have to content with some on the right attacking it for reasons that may have a more plausible basis, but which we think are confused—when they are not wrong.This is merely the first episode of the podcast this year that will be devoted to various aspects and controveries about the founding that will surely erupt over the next six months. Strap in!
An engaging investigation of how 13 key Enlightenment figures shaped the concept of race, from the acclaimed author of Diderot and the Art of Thinking Freely. Over the first decades of the 18th century, Christianity began to lose its grip on the story of humankind. Yet centuries of xenophobia, religious intolerance, and proto-biological ideas did not simply disappear. This raw material was increasingly “processed” by secularly minded thinkers who claimed the right to rethink the category of the human. By century's end, naturalists and classifiers had divided the human species into racial categories using methods that we now associate with the Enlightenment era. In Biography of a Dangerous Idea, prize-winning biographer and Enlightenment specialist Andrew S. Curran retells this story through the medium of group biography. Written more like a detective story than traditional history, the book traces the emergence of race through the lives of 13 pivotal figures, among them Louis XIV, Buffon, Linnaeus, Voltaire, Hume, Adam Smith, Blumenbach, Kant, and Jefferson. Moving from the gilded halls of Versailles to the slave plantations of the Caribbean, from the court of the Mughal Empire to the drawing rooms of Monticello, this sweeping narrative not only reveals how the Enlightenment's ultimate Promethean quest intertwined with systems of oppression and empire, but also offers a groundbreaking reassessment of the era's most famous luminaries. Andrew S. Curran is the William Armstrong Professor of the Humanities at Wesleyan University. Caleb Zakarin is CEO and Publisher of New Books Network. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/african-american-studies
An engaging investigation of how 13 key Enlightenment figures shaped the concept of race, from the acclaimed author of Diderot and the Art of Thinking Freely. Over the first decades of the 18th century, Christianity began to lose its grip on the story of humankind. Yet centuries of xenophobia, religious intolerance, and proto-biological ideas did not simply disappear. This raw material was increasingly “processed” by secularly minded thinkers who claimed the right to rethink the category of the human. By century's end, naturalists and classifiers had divided the human species into racial categories using methods that we now associate with the Enlightenment era. In Biography of a Dangerous Idea, prize-winning biographer and Enlightenment specialist Andrew S. Curran retells this story through the medium of group biography. Written more like a detective story than traditional history, the book traces the emergence of race through the lives of 13 pivotal figures, among them Louis XIV, Buffon, Linnaeus, Voltaire, Hume, Adam Smith, Blumenbach, Kant, and Jefferson. Moving from the gilded halls of Versailles to the slave plantations of the Caribbean, from the court of the Mughal Empire to the drawing rooms of Monticello, this sweeping narrative not only reveals how the Enlightenment's ultimate Promethean quest intertwined with systems of oppression and empire, but also offers a groundbreaking reassessment of the era's most famous luminaries. Andrew S. Curran is the William Armstrong Professor of the Humanities at Wesleyan University. Caleb Zakarin is CEO and Publisher of New Books Network. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network
An engaging investigation of how 13 key Enlightenment figures shaped the concept of race, from the acclaimed author of Diderot and the Art of Thinking Freely. Over the first decades of the 18th century, Christianity began to lose its grip on the story of humankind. Yet centuries of xenophobia, religious intolerance, and proto-biological ideas did not simply disappear. This raw material was increasingly “processed” by secularly minded thinkers who claimed the right to rethink the category of the human. By century's end, naturalists and classifiers had divided the human species into racial categories using methods that we now associate with the Enlightenment era. In Biography of a Dangerous Idea, prize-winning biographer and Enlightenment specialist Andrew S. Curran retells this story through the medium of group biography. Written more like a detective story than traditional history, the book traces the emergence of race through the lives of 13 pivotal figures, among them Louis XIV, Buffon, Linnaeus, Voltaire, Hume, Adam Smith, Blumenbach, Kant, and Jefferson. Moving from the gilded halls of Versailles to the slave plantations of the Caribbean, from the court of the Mughal Empire to the drawing rooms of Monticello, this sweeping narrative not only reveals how the Enlightenment's ultimate Promethean quest intertwined with systems of oppression and empire, but also offers a groundbreaking reassessment of the era's most famous luminaries. Andrew S. Curran is the William Armstrong Professor of the Humanities at Wesleyan University. Caleb Zakarin is CEO and Publisher of New Books Network. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/intellectual-history
An engaging investigation of how 13 key Enlightenment figures shaped the concept of race, from the acclaimed author of Diderot and the Art of Thinking Freely. Over the first decades of the 18th century, Christianity began to lose its grip on the story of humankind. Yet centuries of xenophobia, religious intolerance, and proto-biological ideas did not simply disappear. This raw material was increasingly “processed” by secularly minded thinkers who claimed the right to rethink the category of the human. By century's end, naturalists and classifiers had divided the human species into racial categories using methods that we now associate with the Enlightenment era. In Biography of a Dangerous Idea, prize-winning biographer and Enlightenment specialist Andrew S. Curran retells this story through the medium of group biography. Written more like a detective story than traditional history, the book traces the emergence of race through the lives of 13 pivotal figures, among them Louis XIV, Buffon, Linnaeus, Voltaire, Hume, Adam Smith, Blumenbach, Kant, and Jefferson. Moving from the gilded halls of Versailles to the slave plantations of the Caribbean, from the court of the Mughal Empire to the drawing rooms of Monticello, this sweeping narrative not only reveals how the Enlightenment's ultimate Promethean quest intertwined with systems of oppression and empire, but also offers a groundbreaking reassessment of the era's most famous luminaries. Andrew S. Curran is the William Armstrong Professor of the Humanities at Wesleyan University. Caleb Zakarin is CEO and Publisher of New Books Network. Learn more about your ad choices. Visit megaphone.fm/adchoices
In this episode, we discuss public distrust of politicians and the realities behind presidential approval polling before turning to the math of lotteries and why people continue to play despite the odds. We examine Maryland's proposed reparations commission, including questions of eligibility, funding, legal responsibility, and the practical challenges of tying modern policy to historical injustice. We're joined by Phil Magness to explore the economic history of slavery, the claim that capitalism was built on slave labor, and why slavery is fundamentally incompatible with free markets. We cover Adam Smith's opposition to slavery, misconceptions about profit incentives, the global history of forced labor, and the moral and economic failures surrounding emancipation, closing with a broader discussion of capitalism, socialism, and historical accountability. 00:00 Introduction and Overview 00:44 Presidential Approval Ratings and Polling Reality 02:38 Why Americans Have Always Hated Politicians 03:35 Powerball, Probability, and the Math of Dreaming 06:51 Maryland's Reparations Commission Explained 08:12 Who Pays and Who Gets Reparations? 10:03 Mitigation, Law, and the Reparations Problem 14:24 Introducing Phil Magness 15:02 Was Capitalism Built on Slavery? 17:59 Slavery as an Ancient Institution 19:50 Adam Smith's Case Against Slavery 23:05 Why Slavery Is Anti-Capitalist 24:50 Pro-Slavery Economics and Feudalism 26:16 Founding Fathers, Hypocrisy, and Moral Failure 30:21 Slavery's Global History and Misconceptions 32:06 Incentives, Profit, and Economic Naivety 34:53 Would Slavery Have Ended Without the Civil War? 37:59 Gradual Emancipation and Historical Alternatives 40:47 Socialism, Capitalism, and the Plantation Model 44:01 Final Reflections and Closing Thoughts Learn more about your ad choices. Visit podcastchoices.com/adchoices
Send us a textSmith closes Book IV by dismantling mercantilism through the lens of colonial policy, monopoly, and rent seeking, then weighs physiocracy against the system of natural liberty. We trace why colonies grew despite Europe, not because of it, and how “wealth as money” broke policy and fueled war.• mercantilism's definition of wealth and the balance of trade myth• monopoly and bounties as tools for concentrated gains• chapter 7 on colonies as a case study in institutional design• free ports versus exclusive companies and growth outcomes• enumeration, navigation acts, and distorted incentives• defense costs and the arithmetic of empire• the “nation of shopkeepers” argument and public choice• draconian wool laws, smuggling, and consumer losses• physiocracy's insights and errors, sector favoritism• the system of natural liberty as Smith's alternativeIf you have questions or comments, or want to suggest a future topic, email the show at taitc.email@gmail.com ! You can follow Mike Munger on Twitter at @mungowitz
Keith shares a mindset-shifting quote from John D. Rockefeller that challenges the idea of trading time for money. He revisits some of the year's most powerful real estate investing lessons, and breaks down the big forces shaping today's housing market—affordability, supply & demand, demographics, and interest rates. All of this sets the stage for his data-driven national home price outlook for next year—without the usual crash-and-doom hype. Episode Page: GetRichEducation.com/586 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching: GREinvestmentcoach.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments. For predictable 10-12% quarterly returns, visit FreedomFamilyInvestments.com/GRE or text 1-937-795-8989 to speak with a freedom coach Will you please leave a review for the show? I'd be grateful. Search "how to leave an Apple Podcasts review" For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— GREletter.com or text 'GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript: Keith Weinhold 0:00 Welcome to GRE. I'm your host. Keith Weinhold, learn from a quote attributed to the world's first billionaire, it will change how you see wealth building. I'll explain why national home prices have never crashed. Then it's gre, 2026, home price appreciation forecast. You'll learn the future the exact percent that home prices will appreciate or depreciate next year. Today on get rich education Speaker 1 0:29 since 2014 the powerful get rich education podcast has created more passive income for people than nearly any other show in the world. This show teaches you how to earn strong returns from passive real estate investing in the best markets without losing your time being a flipper or landlord. Show Host Keith Weinhold writes for both Forbes and Rich Dad advisors and delivers a new show every week since 2014 there's been millions of listener downloads of 188 world nations. He has a list show guests include top selling personal finance author Robert Kiyosaki. Get rich education can be heard on every podcast platform, plus it has its own dedicated Apple and Android listener phone apps build wealth on the go with the get rich education podcast. Sign up now for the get rich education podcast, or visit get rich education.com Corey Coates 1:14 You're listening to the show that has created more financial freedom than nearly any show in the world. This is get rich education. Keith Weinhold 1:30 Welcome to GRE from Lake Huron, Michigan to Lake Tahoe, California and across 188 nations worldwide. I'm Keith Weinhold, and you're listening to get rich education. You know something I love, quotes that shift your entire mindset, paradigm, and once your mind is shifted, actions follow. Actions develop into patterns. Those patterns become habits, and habits become the new, transformed you few quotes hit harder than the one from resource tycoon John D Rockefeller. He lived from 1839 to 1937 in fact, Rockefeller is widely regarded as the world's first billionaire. His quote, you might have heard it before. It is this, he who works all day has no time to make money. That sounds paradoxical, even provocative. It's sort of like it's inviting you to come in and want to learn more about it. And this is because most people's concept of income generating is to work 40 hours a week for a salary or an hourly wage. But what does that quote really mean? He who works all day has no time to make money, and be sure to capture the all day part of that quote that ties right back into the show that I did with you two weeks ago about the K shaped economy breakdown, where you learned about how capital compounds labor doesn't most people sell their time for dollars, but trading time for money makes you too busy to actually build Wealth. Working and building wealth. Those things are two separate distinct activities in how you're investing your time and energy. Now, most people start out with a wage or a salary job. I surely worked by pushing brooms and cubicle dwelling before investing in my first rental property. But if you're working all day in a job, physically or mentally well, then you're consumed by tasks that only pay you. Once you're occupied, you can often get exhausted and you're only concerned with short term output. You're focused on the next deadline, not the next decade, when all your hours are spent on labor, you have no bandwidth to do what you need to do, which is, create vision, acquire assets, build a portfolio, develop systems, learn tax strategy, evaluate investment deals, network with like minded investors, or refine your strategy with a GRE investment coach. Be cognizant that labor only pays today. Wealth building pays forever. Even if your work a day job, salary doubled, you would have to ask, how would that even build wealth? You could retire earlier, but you would have to keep working the hours, and let's remember that wealth equals freedom. You can't architect a wealth plan from the assembly line. Now, that's something that Rockefeller would have agreed with. Wealth requires less. Leverage and labor has none. So working all day means no leverage. You are the engine instead making money, that means using leverage, and instead of you being the engine, well, the engine is something else, like assets, systems, technology, other people's time, other people's money, and borrowing to inflation profit. Rockefeller believed and proved that leverage beats labor 100 to one. He's not discouraging work. In fact, it's just the wrong type of work, because he was one of the hardest working people alive. And really the bottom line here, with this quote, he who works all day has no time to make money, is that Rockefeller meant that if you spend your life doing tasks, you'll never rise high enough to own things that pay you for life. Earning a living is a different activity than building wealth, and once your mindset is shifted, actions follow, yep, actions develop into patterns, and those patterns become the new you. well as the last episode of the year on the show here, 52 weeks worth, I sure hope that I've helped you think, learn and grow your wealth, as have our guest contributors here early in the year, the father of Reaganomics was here, a man that frequently advised a president inside the White House. He told us how much he dislikes tariffs. Tariffs block free trade, and trade improves our lives. Major apartment investor, Ken McElroy, was here this year, and he predicted that the American home ownership rate will fall below 60% that would be major it's currently at 65 if the home ownership rate falls to 60% that would unleash millions of new renters into the market, and it has not been that low in decades, if ever you got a lot of mortgage insights with chailey Ridge, including learning how you can qualify for income property loans without a w2 job, without a pay stub or without tax returns by instead getting a DSCR loan. You'll recall this year that I discussed 50 year mortgages, and I did that before it even hit the news cycle, telling you that it could be coming and that it could be proposed. I explained why I like 50 year mortgages more than 30 year loans, but be aware it is not imminent that they're coming. Also this year, economist Richard Duncan and commentator Doug Casey discussed the Fed. Richard told us how the President is trying to totally restructure who serves on the Fed, trying to get low interest rate pushers in there. And then just last week, Doug and I discussed how fed decisions just keep hollowing out the middle class. A and E television star Todd drillette told us how to negotiate. I had four good discussions with our own investment coach, nuresh this year, more than usual, a pastor and I discussed a rare topic, what the Bible says about money. You learned how to use AI in your real estate investing and when not to. We had a few episodes about that. But above all the shows this year, they were about you, probably more than any other year that we've had here. I did more listener question episodes where I answered your questions as you wrote in, and I also had more listeners come right onto the show and tell me how this show has personally built their wealth. And of course, this year, I got to meet more of you in person when I served as a faculty member on the terrific real estate guys Investor Summit to see and I got to meet you personally for more than just a handshake. The event was set up so that chances are you had dinner with me as well. So rather than this show being a one way chat from me to you this year was more of a dialog between you and I and more two way communication. A lot of new topics are coming for next year, both me teaching and some great guests. If there's something on the show that you'd like to hear more of or less of, let us know. Write into us or use your voice to tell us either way you can do that. At get rich education.com/contact, let us know what you want to hear more of or less of. Do you like shorter term tactics like when and how to increase the rent? Or do you like mid range tactics like how to constantly do cash out refinances and get a tax free windfall from your properties every year. Or do you like more of the long term strategies like specifically how you profit from inflation? Let us know what you like again, at get rich education.com/contact, now, even if you're listening 10 years. Years from now, which I know you very well. May, I'm going to break down next year's home price appreciation forecast, but I'll do it in a way where you'll learn how to analyze a market for all time coming up. It's gre 2026, national home price appreciation forecast. Learn the future to the exact percent. First listen to this from Freedom family investments and Ridge lending group, because I'm a client of both myself and they can help you. I'm your host. Keith Weinhold Keith Weinhold 10:29 you know, most people think they're playing it safe with their liquid money, but they're actually losing savings accounts and bonds don't keep up when true inflation eats six or 7% of your wealth. Every single year I invest my liquidity with FFI freedom family investments in their flagship program. Why fixed 10 to 12% returns have been predictable and paid quarterly. There's real world security backed by needs based real estate like affordable housing, Senior Living and health care. Ask about the freedom flagship program. When you speak to a freedom coach there, and that's just one part of their family of products, they've got workshops, webinars and seminars designed to educate you before you invest. Start with as little as 25k and finally, get your money working as hard as you do. Get started at Freedom, family, investments.com/gre, or send a text now it's 1-937-795-8989, yep, text their freedom coach, directly. Again, 1-937-795-8989, Speaker 2 11:40 the same place where I get my own mortgage loans is where you can get yours. Ridge lending group and MLS, 42056, they provided our listeners with more loans than anyone because they specialize in income properties. They help you build a long term plan for growing your real estate empire with leverage. Start your prequel and even chat with President Caeli Ridge personally. While it's on your mind, start at Ridge lending group.com that's Ridge lending group.com Robert Kiyosaki 12:14 this is our Rich Dad, Poor Dad. Author Robert Kiyosaki. Listen to get rich education with Keith Weinhold. And there is, I respect Kate. He's a very strong, smart, bright young man. Keith Weinhold 12:35 Welcome back to get rich education. It's episode 586 the last show of the year. I'm your host. Keith Weinhold, I am proud to present to you in this segment of the show gre 2026, national home price appreciation forecast, where I use my insight and experience so that you'll learn the exact percent that national home prices will either appreciate or depreciate next year. It's the fifth consecutive year that we're doing this. I nailed the first three spot on and then this year happened. I'll get to reviewing my track record, total accountability. First understand something, real estate values have never crashed in your entire lifetime, even if you're 90 years old, to grab eyeballs, slack jawed, tick tock. Call them crash talk. Economists keep making awful predictions about a housing price crash, and none of them have been worse than one that published last month in Newsweek, which outlines a as it's called, correction worse than 2008 and says national home prices will fall 50% five zero, starting as soon as next year. That's absurd, and I can't believe that a respectable publication would platform a view from an analyst like that, and I'm not going to call out that Doomsayer analyst's name. That's not my style. I'm sure you can find it that crash is about as likely as one social media post changing your political affiliation later today. Look, doomsayers don't care about you. They make dire predictions because they care about them. It elevates their clicks, their followers and their name recognition, and they never hang around to follow up on that prediction, but it harms you, because you miss out on the equity gains, and that's the real damage. In fact, this particular analyst also called for this year to have the second largest home price decline since World War Two. Well, national home prices have only fallen twice in that time period. In fact, going further back. Back to the 1930s Great Depression. They've only fallen twice. Yes, that means home prices have risen every single year since the 1930s except for two periods, a small decline of less than 1% around 1990 and then, of course, the severe downturn from the housing bubble and great recession from 2007 to 2011 or 2012 that's where prices dropped in total, 25 to 26% from peak to trough. Now why do I say that that period around 2008 was not a housing price crash. Well, because it wasn't. Instead, it was a slow bleed. The definition of financial crash is a sudden, sharp and widespread drop in prices. That's the definition. Well that can happen in some other asset classes like stocks or Bitcoin or perhaps even precious metals, but not real estate. It is neither sudden nor sharp. The worst year, 2008 saw home prices drop 12% in that one year and some of the other years bracketing it, home prices fell three to 4% in each of those years. So then during this time period of price attrition, during the global financial crisis, each month, real estate values fell just a few tenths of 1% maybe half of 1% or even one full percent, not a crash, a slow bleed. This means that it took about five years for values to fall, a total of near 25% I mean, that makes it really clear that it's not a crash. And again, this period was about 2007 to 2012 don't get me wrong, it was bad. I was a real estate investor both before and during 2008 but to call it a crash is hyperbolic, and that is because words mean things. I think a lot of media consumers get so conditioned to mass media sensationalism that they've forgotten what a crash even means. At some point, it begins to bend our very lexicon back around 2007 I remember I frequently checked a website called implode meter. Yeah, that's the name of it. It tracks, failing banks. I looked the other day and implodemeter.com is still in existence, even though it's not nearly as spicy as it used to be during the GFC, because lending has been pretty stable for a long time, and loans are well and carefully underwritten. So home prices are unusually stable over time, because, in a sense, housing is not a normal market. It is slow, regulated, credit driven, and it's emotionally sticky, even though rental property is less emotional. Well, the values of one to four unit property are tied to primary residence values, and that's where the emotion exists. So if you put all those together, you get prices that creep upward most years and rarely fall at all. Nationally. The real estate market moves too gradually to be crash susceptible. It is the place for real wealth building values also are not going to double annually if you want to scroll for dopamine hits from the couch. Well, you can do that with a prediction market like call she or in crypto with altcoins, while your real estate keeps leveraging dollars in a stable way in the background. That's how you can think about it. All right, so we've established since the Great Depression, home values have fallen twice and once substantially. Well, right now, home prices are up about 2% year over year. Most places have appreciated, especially the more affordable markets. Not only has home price growth been slow, though, rent growth has been slow as well. Single Family rents are up 1% per totality. Apartment rents are down one to 2% per Zumper. But back to our focus today, forecasting national home prices. Everything we're discussing is nominal price change, meaning not inflation adjusted, and it's single family homes up to fourplexes. Well, as we use context to build up to the big reveal today, where I'll tell you the exact percent that home prices will rise or fall next year. Could 2008 happen again any time soon? Let's isolate that out. It's important to look at history rather than. Having some uninformed hunch in both periods with price attrition around 1990 and 2008 these two falls have some attributes in common. So let's look at that. What led to these rare falls in home prices, irresponsible lending, forced selling, a vacancy issue and overbuilding. All four of those factors were in place during those two periods now leading up to 1990 the irresponsible lending was on the commercial side. That was the savings and loan crisis, but it did trickle into the residential market, and then in 2008 it was on the residential side. But of all four of those factors, none of them are in place today. Zero borrowers are strongly underwritten because they've got those full documentation loans, and virtually no one is forced to sell in a fire sale. In fact, homeowners still have these record equity positions of about 300k fewer than 3% of homeowners have a negative equity position, and there is no vacancy issue. Because, in fact, we've been under building. We'll look at that. So for next year, no substantial price of drawdown is coming. None's expected. We can isolate that out. Since I was investing directly in real estate through 2008 I know what happened is that when people walked away from properties, they did so because the economy got rough, their variable rate mortgages rose, they couldn't make their payments, or they just had no motivation to make their payments because they were underwater and had zero protective equity. In a lot of cases, it's almost impossible for that to happen today, homeowners can make their payments, and they're motivated to do so because they have that erstwhile equity to protect, like I said last week, through the Census Bureau data and realtor.com we know a couple things. Four in 10 homeowners have no mortgage at all. They own their property free and clear. Among the group with mortgages, 70% of borrowers still have a mortgage rate locked in at under 5% and blending those together for you means that then 82% of borrowers either have no mortgage or they've got a rate under 5% this translates to really affordable payments, along with The protective equity, even if inflation heats up again, it still cannot touch a borrower's mortgage payment amount because it is fixed. As we're leading up to the big reveal of next year's number, we're about to look at affordability, supply, demand and the effect of mortgage rates on prices. Of course, that word affordability, that has been the most central word to home buying for a couple years now, affordability will improve in three main ways. If either home prices fall, mortgage rates fall, or wages rise, it takes at least one of those three things, the good news is that this year, wages have been rising faster than both stated inflation and home prices. Wages have been rising close to 4% that looks to continue at least into the early part of next year. Well that improved affordability allows home prices to move up, and it gives room for rents to move up as well. Now when it comes to mortgage rates, if you're new to listening to me, it will be groundbreaking for you to realize that today, mortgage rates are low, and increases to mortgage rates usually lead to increases in home prices, not decreases. If you're new here, both of those facts might leave you saying what I thought it was the opposite. How can that be? I won't spend much time on this because longtime listeners already know these two things, but they do go into the forecast the long term 30 year fixed rate mortgage averages 7.7% per Freddie Mac thirst, that set goes back to 1971 and rates are lower than that now, and mortgage rates have risen 1% or more seven different times since 1994 and home prices increased all Seven times right alongside those rising mortgage rates. In fact, when rates more than doubled in 2022 what happened? Home prices soared to their highest appreciation year in a long time. It reinforced this so, yes, way higher rates equaled way. Higher prices. It's not that one directly causes the other. This is correlation versus causation. It's because rate increases confirm that the economy is doing well. I have discussed that extensively in previous episodes, so mortgage rates actually don't have that much to do with home prices, and that's why it is hardly going into the forecast for next year. I'll tell you what trying to forecast mortgage rates to then use that to predict home prices, that is a fantastic way to waste your time. Now, 1x factor that could make that different for next year is that this President, he imposes his will to make rates low no matter what. So even if the economy is good, which typically leads to higher rates, wholesale push to make rates low, and that's an artificial phenomenon. Wouldn't that make home prices boom if we had a strong economy and low rates? The fact that affordability is still historically low today, though, we appear to be off the bottom. Affordability is still historically low today, that has less to do with mortgage rates than most people think, since, again, rates are low when they're in the low sixes, like they currently are. Instead, affordability is soured, because over the long term, decades, wages haven't kept up with true inflation. That's what's really going on with affordability and what everybody misses, and because affordability is still strained, home prices cannot rise a lot, say 10 or 12% next year. That can't happen on a national basis next year, now, a bill is advancing through Congress now to make housing more affordable. It's got bipartisan support relaxing zoning requirements in such a bill that could help build more homes, but if the government tries to help by making access to loans easier, that is going to lead to even higher prices and really will not help with affordability beyond the short term. In fact, just this month, the Fed has resumed QE quantitative easing. And that effectively means that it is ramping up the number of dollars being printed. And these are just more dollars in existence coming in to chase real estate and every other assets values higher we look at the employment picture. Although unemployment has been ticking up lately, it is still low at under 5% what about housing supply versus demand? And future supply versus demand? Well, this is basic econ and it will totally affect future prices. Actually visited the home of the father of economics, Adam Smith in Scotland this year, the man that nearly invented the supply demand concept starting with supply. I think anyone in real estate knows that generally, over six months of housing supply is too much. Under six months is too little. Six months is sort of that balanced point. What does that really mean? Well, months of supply is how long it would take to sell all the homes currently for sale if no new listings came on the market. All right, that's all that means. Well, currently, that level is 4.2 months that is low, and that puts some upward pressure on prices as well. Another way to think about it is with the active listing count of single family homes and condos. All this means is the number of homes currently for sale and available to buy right now. That's what active listing count means when you see that statistic out there? Well, one and a half to 2 million is the normal level of units needed to adequately house our growing population, for single family homes and condos. Well, that figure bottomed out in 2022 and it's only hovered around one or 1.1 million for a few months now, we are under supplied, and it takes a long time to build our way out of it. Now, apartment buildings are a different story. They are oversupplied, but again, today, we're here focused on the future price direction of one to four unit properties. So that's supply, not as tight as it was, but still on the tight side, and then demand. Where is demand coming from? It comes from us. There's more of us. As our population keeps growing, there is a lot of housing demand coming. Not only is there pent up demand from those trying to afford a home as soon as they can, but more broadly. Demographically, I will point back to that period where there was a surge of us births from 1990 to 2010 there were over 4 million births every single one of those years, births peaked in 2007 if you add 40 years to that, because 40 years is now the average age of the first time homebuyer. That's still a mind blowing figure to me, 40 years the average age of the first time homebuyer. You add that to 2007 that peak birth rate year, and this demand won't even peak until about 2047 Speaker 2 30:36 and this doesn't even include additions from immigration, demand, demand, demand, propping up prices for decades, but for next year, improved affordability, which is expected that boosts the demand for those that have the capacity to pay. Well, considering everything we've covered, I'm about to reveal the number for next year. But first, I mean, gosh, don't you wish everyone actually followed up on their past forecasts, like I'm about to I don't think I've ever seen a price crash predictor follow up, because they're always wrong. Well, what is the track record of get rich, education, home, price appreciation forecasts. It's the fifth straight year I'm doing this, and I always release the forecast in the final days of the year in anticipation of the coming year, just like you and I are doing together now. For 2022 I said that prices would rise nine to 10% the year ended, and they came in at 10% 2023 a lot of people said home prices would fall because they had just seen a terrific run up. I said a price fall would not happen, largely due to that jaw droppingly low supply that we had then. I said zero, there wouldn't be any change. They came in at exactly zero. There was no price change in 2023 for 2024 I forecast 4% they came in at exactly 4% this is all documented. You can go back and listen to those episodes. They're all near year end. So yes, three straight years, I nailed it to the exact percent. How about this year? Just before the year began? Do you remember what my forecast figure was from listening here about a year ago, it was 5% home price appreciation. The year is not over yet, and real estate statistics move pretty slowly. Figures lag, but we pretty much know where it's going to end up. And as we look at this same stat set that I consistently use, which is the NARS national median existing single family home price, it is 2.2% as of late in the year, and it's almost certainly going to end up at 2% appreciation. So I would call that a miss, probably not a terrible call, but far enough apart to call that a miss, 5% forecast versus 2% actual for this year. That's the track record. So before I reveal the number for next year, in the last four I've nailed three of them spot on, and why was appreciation less than I expected for this year? Well, a few reasons. One of them is that inflationary pressure from tariffs was postponed. That Tariff Schedule was changed more times than anyone could have possibly forecast, and affordability stayed stubbornly low too. And here we go for 2026 how much home price appreciation or depreciation do I expect? Well, I haven't said this in any of the previous forecasts, because it's the easiest thing to say, and I often avoid saying the easiest thing, but this is just what I see coming, and that is, I expect more of the same. It's the first time I've said more of the same, which is drumroll here, 2% home price appreciation for next year. No wild figure or hyperbolic material here, in order to attract attention that is my best target for the truth, I'm here to do my best to be accurate and help you make the most informed decision, 2% for next year. So a 500k property today should cost you about 10,000 more dollars next year, and as we know, with a figure like 2% which is less appreciation than the long run historic 5% or so, with this 2% appreciation on new purchases, you leverage that five to one with your 80% loan, and you get a 10% return on your down payment. And you add in the other four ways real estate pays to your 10% leverage appreciation and at historic norms, you can end up with a 29% total ROI. That's realistic. I outlined the math of that in an earlier episode this year when I discussed how real estate pays five ways in a slow market, there you have it, 2% forecast home price appreciation for next year. If you want the charts that support the forecast and more, there's a way for you to get a hold of that, and also the best real estate maps, stories and investment opportunities that you won't see in any headlines. They are all in my free weekly newsletter. The newsletter also gives you access to my free real estate pays five ways. Video, course, that is it. GRE letter.com Get it all at one easy place. Gre letter.com I look forward to talking to you in the new year. I'm Keith Weinhold, don't quit your daydrem Speaker 3 36:06 nothing on this show should be considered specific, personal or professional advice. Please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of get rich Education LLC, exclusively. Keith Weinhold 36:34 The preceding program was brought to you by your home for wealth building, GetRichEducation.com
If you're new with us, let us know how we can be praying for you, we invite you to fill out an online Connect Card by visiting https://southhillschurch.churchcenter.com/people/forms/91550—If you are looking for what is next for you, we invite you to fill out an online “Next Steps” card by visiting https://southhillschurch.churchcenter.com/people/forms/672517To give with us select the Give tab on the Church Center App or visit https://southhills.org/giving/ and select the Corona Fund or Corona BOW Fund—Visit our Linktree to find out more about everything mentioned in today's message or follow along with the message slides:https://linktr.ee/SouthHillsCorona —To RSVP for On-Campus Events select the Events tab on the Church Center App or visit https://southhills.org/corona/
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Episode 504 If you're paying attention you're witnessing Adam Smith's “invisible hand” of the economy playing out in the AI secular growth trend. Sign up for free ALERTs & Market Commentary at: https://www.investablewealth.com/subscribe/ ——————————————————
We all have an idea of how we want our lives will go. But things rarely go according to plan. After a string of disappointments, we're tempted to waive the white flag. And yet, you've had someone bring a small flicker of light into your life when things couldn't have been darker. It made all the difference. In fact, some of the most powerful sources of hope come from some of the most unexpected of places. Are you hopeless, or are you just looking in the wrong direction and focusing on the wrong details? If you're new with us, let us know how we can be praying for you, we invite you to fill out an online Connect Card by visiting https://southhillschurch.churchcenter.com/people/forms/91550—If you are looking for what is next for you, we invite you to fill out an online “Next Steps” card by visiting https://southhillschurch.churchcenter.com/people/forms/672517To give with us select the Give tab on the Church Center App or visit https://southhills.org/giving/ and select the Corona Fund or Corona BOW Fund—Visit our Linktree to find out more about everything mentioned in today's message or follow along with the message slides:https://linktr.ee/SouthHillsCorona —To RSVP for On-Campus Events select the Events tab on the Church Center App or visit https://southhills.org/corona/
Tonight on The Last Word: Lawmakers discuss legal action against the Trump Justice Department. Also, an email refutes Donald Trump's claim that he was never on Jeffrey Epstein's jet. Plus, the U.S. strikes another boat, alleging drug-smuggling. And Lawrence shares an important lesson on the value of listening. Rep. Robert Garcia, David Enrich, and Rep. Adam Smith join Lawrence O'Donnell. To listen to this show and other MS podcasts without ads, sign up for MS NOW Premium on Apple Podcasts. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
There's certain imagery we naturally associate with Christmas. Fireplaces. Sweaters. Mistletoe. Roasting chestnuts. Although this stuff feels standard now, it wasn't always the case. Every beautiful tradition once began as an idea in someone's imagination. But how many of us think of our imaginations as something to steward? What might God be nudging you to dream up and hand down to the next generation? If you're new with us, let us know how we can be praying for you, we invite you to fill out an online Connect Card by visiting https://southhillschurch.churchcenter.com/people/forms/91550—If you are looking for what is next for you, we invite you to fill out an online “Next Steps” card by visiting https://southhillschurch.churchcenter.com/people/forms/672517To give with us select the Give tab on the Church Center App or visit https://southhills.org/giving/ and select the Corona Fund or Corona BOW Fund—Visit our Linktree to find out more about everything mentioned in today's message or follow along with the message slides:https://linktr.ee/SouthHillsCorona —To RSVP for On-Campus Events select the Events tab on the Church Center App or visit https://southhills.org/corona/
In this episode, we welcome Matt Chandler of The Village Church and Adam Smith of The Forging Table back to the show. IRON & ASH is where forged men gather around the fire, encourage one another with truth, and let the smoke rise as we trade stories, sharpen our convictions, and push back darkness. Let's get into it… Episode notes and links HERE. Donate to support our mission of equipping men to push back darkness. Learn more about your ad choices. Visit megaphone.fm/adchoices
The progressive Congressman from Washington state takes callers from across the nation. Plus- Thom reads from "The Fight for the Soul of the Democratic Party" by John Nichols.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Mo Stewart is joined by Adam Smith and Kieran Molyneux to review Arsenal, City and Villa's seasons so far. Todays 'Unwrapped' is sponsored by Aura Frames. Aura Frames' digital photo frames are the perfect personal gift that look great and are easy to use, ideal for that loved one you always struggle with this Christmas! Just download the Aura app to get started, and you can upload unlimited photos and videos, which you can keep adding to anywhere, anytime. Your frame will even come in a premium gift box to give it that extra special touch, so if you're interested, go to auraframes.co.uk and get £35 off the best-selling Carver Mat frame by using the promo code TAW at checkout to order yours now! Subscribe to The Anfield Wrap for more on Liverpool's 25/26 season… Learn more about your ad choices. Visit podcastchoices.com/adchoices
Donald Trump holds a campaign-style rally to hit his affordability message: making fun of the very idea of an affordability message, and telling parents to buy their kids fewer dolls. And when asked by Politico what grade he'd give the economy right now, he answers: “A+++++.” Jon and Dan discuss how Trump's communications effort is landing and then turn to the rest of the news, including Indiana Republicans' decision to reject a new Trump-backed congressional map, Trump's jaw-droppingly low approval rating in a new AP poll, and Democrats' continued fight to extend Affordable Care Act subsidies before they expire at the end of the year. Then, Rep. Adam Smith, the top Democrat on the House Armed Services Committee, talks to Jon about the administration's seizure of an oil tanker off the coast of Venezuela and the illegality of the strikes on boats in the Caribbean—including what Smith saw when the Pentagon showed him the video of the infamous double tap strike.For a closed-captioned version of this episode, click here. For a transcript of this episode, please email transcripts@crooked.com and include the name of the podcast. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Tonight on The Last Word: The GOP House Armed Service Cmte. Chair announces he's ending the probe into a Sept. 2nd boat strike. Also, Democrats probe the ties between Trump officials and immigration contractors. Plus, Federal Reserve Chair Jerome Powell blames elevated inflation on tariffs. And a federal judge orders Donald Trump to end the National Guard's control in California. Rep. Adam Smith, Rep. Jamie Raskin, Sen. Amy Klobuchar, and Jacob Soboroff join Lawrence O'Donnell. To listen to this show and other MS podcasts without ads, sign up for MS NOW Premium on Apple Podcasts. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
On Tuesday's Mark Levin Show, history teaches us and helps demonstrate what patriotism is. But how can we demand patriotism from immigrants when we have American citizens on the neo-fascist right who trash our history? These people are not America first. How can they be America first when they don't understand our history, or founding? They will ensure that the Republicans lose the midterms and the Democrats choose the next president by causing even a small number of Republican and conservative voters to stay home. And the Marxist-Islamist left loves Carlson and the rest of them, as do the Democrat media that continuously promotes them. They know that he and his ilk will deliver them victories. We must do all we can to overcome this. Later, socialism light is not the answer to affordability. Capitalism is how you create prosperity and growth, which creates affordability and supply. Socialism light is also ineffective against aggressive socialism and the RINO proponents sound like liberals or Marxists. They lack coherent philosophy and resort to attacks while ignoring historical lessons from great minds like Milton Friedman, Mises, Hayek, Adam Smith, Reagan, and Trump. Afterward, Secretary of War Pete Hegseth is doing an excellent job. That's why the hate America Democrats relentlessly attack him. They need to get the hell off his back and condemn our enemies instead! Finally, Steve Hilton calls in to discuss his race for Governor of California. He can achieve a political upset next year by adopting Trump's common-sense approach nationwide, focusing on addressing bloated government and high costs driven by the climate insanity. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Rachel Maddow relays the details of a new Washington Post report that Donald Trump's secretary of defense, former weekend cable news host Pete Hegseth, gave orders to kill everyone on board a boat he accused of running drugs to the United States, which meant finishing off the survivors of an initial strike that destroyed the boat — the literal textbook definition of an illegal order. Rep. Adam Smith, ranking member of the House Armed Services Committee joins to discuss a new, bipartisan push to investigate Hegseth's orders.Rachel Maddow talks with Nadya Tolokonnikova, founding member of Russian dissident activism group Pussy Riot, about what it means that the Putin administration has declared her a member of an "extremist" organization, and the parallels to Donald Trump using a similar tactic to give himself the tools for targeting people he doesn't like. Want more of Rachel? Check out the "Rachel Maddow Presents" feed to listen to all of her chart-topping original podcasts.To listen to all of your favorite MS podcasts without ads, sign up for MS NOW Premium on Apple Podcasts. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
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