Podcasts about joint economic committee

As Republicans work at break-neck speed to push another round of massive tax cuts for the wealthy, we thought it would be a good idea to revisit our 2019 conversation with Bruce Bartlett, a Reagan policy adviser and key architect of the 1981 tax cuts. Bartlett explains how the trickle-down logic he once championed turned out to be economic snake oil, because tax breaks for the wealthy don't grow the economy—they just grow inequality. Bruce Bartlett is an American historian and former economic adviser who helped draft the 1981 Reagan tax cuts. He served in senior roles under Presidents Reagan and George H.W. Bush, including at the Treasury Department and the Joint Economic Committee of Congress. Once a champion of supply-side economics, Bartlett is now a leading critic of trickle-down tax policy. This episode originally aired January 29, 2019. Social Media: @bartlettb.bsky.social @BruceBartlett Further reading:  Trump tax bill will add $2.4 trillion to the deficit and leave 10.9 million more uninsured, CBO says The secret saga of Trump's tax cuts Website: http://pitchforkeconomics.com Instagram: @pitchforkeconomics Threads: pitchforkeconomics Bluesky: @pitchforkeconomics.bsky.social Twitter: @PitchforkEcon, @NickHanauer, @civicaction YouTube: @pitchforkeconomics LinkedIn: Pitchfork Economics Substack: The Pitch

Throughout the campaign of 2024, President Donald Trump promised to use tariffs to reset America’s global trade relationships, revitalize American manufacturing, and increase government revenues—and in the first months of his second administration, the president has used tariffs and the threat of tariffs to drive concessions even while raising antagonism and roiling markets. Kimberly Clausing helps us distinguish between the rhetoric and the reality of these tariffs. Clausing is an expert on the taxation of multinational firms. She served as the Deputy Assistant Secretary for Tax Analysis in the U.S. Department of the Treasury, serving as the lead economist in the Office of Tax Policy during the Biden administration. She is a nonresident senior fellow at the Peterson Institute for International Economics, a member of the Council on Foreign Relations, and a research associate at the National Bureau of Economic Research. Clausing has worked on economic policy research with the International Monetary Fund, the Hamilton Project, the Brookings Institution, the Tax Policy Center, and the Center for American Progress. She has testified before the House Ways and Means Committee, the Senate Committee on Finance, the Senate Committee on the Budget, and the Joint Economic Committee. Her research examines how government decisions and corporate behavior interplay in the global economy. She has published numerous articles on the taxation of multinational firms, and she is the author of “Open: The Progressive Case for Free Trade, Immigration, and Global Capital.” See omnystudio.com/listener for privacy information.

Stand Up is a daily podcast that I book,host,edit, post and promote new episodes with brilliant guests every day. Please subscribe now for as little as 5$ and gain access to a community of over 700 awesome, curious, kind, funny, brilliant, generous souls Check out StandUpwithPete.com to learn more Dean Baker co-founded CEPR in 1999. His areas of research include housing and macroeconomics, intellectual property, Social Security, Medicare, and European labor markets. His blog, Beat the Press, provides commentary on economic reporting. His analyses have appeared in many major publications, including The Atlantic, The Washington Post, the Financial Times (London), and the New York Daily News. Dean received his BA from Swarthmore College and his PhD in economics from the University of Michigan. Dean has written several books, including Getting Back to Full Employment: A Better Bargain for Working People (with Jared Bernstein, Center for Economic and Policy Research, 2013); The End of Loser Liberalism: Making Markets Progressive (Center for Economic and Policy Research, 2011); Taking Economics Seriously (MIT Press, 2010), which thinks through what we might gain if we took the ideological blinders off of basic economic principles; and False Profits: Recovering from the Bubble Economy (PoliPoint Press, 2010), about what caused — and how to fix — the 2008–2009 economic crisis. In 2009, he wrote Plunder and Blunder: The Rise and Fall of the Bubble Economy (PoliPoint Press), which chronicled the growth and collapse of the stock and housing bubbles and explained how policy blunders and greed led to catastrophic — but completely predictable — market meltdowns. He also wrote a chapter (“From Financial Crisis to Opportunity”) in Thinking Big: Progressive Ideas for a New Era (Progressive Ideas Network, 2009). His previous books include The United States Since 1980 (Cambridge University Press, 2007), The Conservative Nanny State: How the Wealthy Use the Government to Stay Rich and Get Richer (Center for Economic and Policy Research, 2006), and Social Security: The Phony Crisis (with Mark Weisbrot, University of Chicago Press, 1999). His book Getting Prices Right: The Debate Over the Consumer Price Index (editor, M.E. Sharpe, 1997) was a winner of a Choice Book Award as one of the outstanding academic books of the year. Among his numerous articles are “The Benefits of a Financial Transactions Tax,” Tax Notes 121, no. 4 (2008); “Are Protective Labor Market Institutions at the Root of Unemployment? A Critical Review of the Evidence” (with David R. Howell, Andrew Glyn, and John Schmitt), Capitalism and Society 2, no. 1 (2007); “Asset Returns and Economic Growth,” with Brad DeLong and Paul Krugman, Brookings Papers on Economic Activity (2005); “Financing Drug Research: What Are the Issues,” Center for Economic and Policy Research (2004); “Medicare Choice Plus: The Solution to the Long-Term Deficit Problem,” Center for Economic and Policy Research (2004); “Professional Protectionists: The Gains From Free Trade in Highly Paid Professional Services,” Center for Economic and Policy Research (2003); and “The Run-Up in Home Prices: Is It Real or Is It Another Bubble?,” Center for Economic and Policy Research (2002). Dean previously worked as a senior economist at the Economic Policy Institute and an assistant professor at Bucknell University. He has also worked as a consultant for the World Bank, the Joint Economic Committee of the US Congress, and the OECD's Trade Union Advisory Council. He was the author of the weekly online commentary on economic reporting, the Economic Reporting Review, from 1996 to 2006.   Join us Monday's and Thursday's at 8EST for our Bi-Weekly Happy Hour Hangout!  Pete on Blue Sky Pete on Threads Pete on Tik Tok Pete on YouTube  Pete on Twitter Pete On Instagram Pete Personal FB page Stand Up with Pete FB page All things Jon Carroll  Follow and Support Pete Coe Buy Ava's Art  Hire DJ Monzyk to build your website or help you with Marketing

As a scientist, clean energy entrepreneur and CEO, and now a member of Congress representing Illinois' 6th Congressional district. Rep. Sean Casten has dedicated his life to fighting climate change. He serves on the House Financial Services Committee and the Joint Economic Committee. He also serves as Vice-Chair of the Sustainable Energy and Environment Coalition (SEEC) and is a Co-Chair of the Sustainable Investment Caucus. Join us for this insightful chat about Trump 2.0 and the challenging road ahead for the Democratic Party as it fights to protect Social Security, Medicare, Medicaid, veterans benefits, the environment, and more and win back the working class. Got somethin' to say?! Email us at BackroomAndy@gmail.com Leave us a message: 845-307-7446 Twitter: @AndyOstroy Produced by Andy Ostroy, Matty Rosenberg, and Jennifer Hammoud @ Radio Free Rhiniecliff Design by Cricket Lengyel

Steve H. Hanke is a Senior Fellow, Contributing Editor of The Independent Review, and a Member of the Board of Advisors at the Independent Institute. Hanke is professor of applied economics and founder and co-director of the Institute for Applied Economics, Global Health, and the Study of Business Enterprise at the Johns Hopkins University in Baltimore, senior adviser at the Renmin University of China's International Monetary Research Institute in Beijing, and a special counselor to the Center for Financial Stability in New York. Hanke is also a contributing editor at Central Banking in London and a contributor at National Review. In addition, Hanke is a member of the Charter Council of the Society for Economic Measurement.In the past, Hanke taught economics at the Colorado School of Mines and at the University of California, Berkeley. He served as a member of the Governor's Council of Economic Advisers in Maryland in 1976–77, as a senior economist on President Reagan's Council of Economic Advisers in 1981–82, and as a senior adviser to the Joint Economic Committee of the U.S. Congress in 1984–88. Hanke served as a state counselor to both the Republic of Lithuania in 1994–96 and the Republic of Montenegro in 1999–2003. He was also an adviser to the presidents of Bulgaria in 1997–2002, Venezuela in 1995–96, and Indonesia in 1998. He played an important role in establishing new currency regimes in Argentina, Estonia, Bulgaria, Bosnia‐Herzegovina, Ecuador, Lithuania, and Montenegro. Hanke has also held senior appointments in the governments of many other countries, including Albania, Kazakhstan, the United Arab Emirates, and Yugoslavia.

This week on Facing the Future our guest was Rep. David Schweikert (R-AZ), a member of the House Ways and Means Committee and chairman of the bicameral Joint Economic Committee. He gave us his perspective on what it will take to get the U.S. fiscal house in order, why the budget and the economy are intricately intertwined, and why it is so important to act before a crisis hits.    We also got his candid take on this year's Congressional budget process, which he said "shows the level of perversity there is on telling the truth about the math.” Concord Coalition Executive Director Carolyn Bourdeaux joined the conversation. 

This week on Facing the Future our guest was Rep. David Schweikert (R-AZ), a member of the House Ways and Means Committee and Chairman of the bicameral Joint Economic Committee. He gave us his perspective on what it will take to get the U.S fiscal house in order, why the budget and the economy are intricately intertwined, and why it is so important to act before a crisis hits. Concord Coalition Executive Director Carolyn Bourdeaux joined the conversation.

Why is now the most crucial time to understand trade relations? Tune in for an inspiring discussion with Marc Fasteau & Ian Fletcher on their new book Industrial Policy for the United States: Winning the Competition for Good Jobs and High-Value Industries.Moments with Marianne airs in the Southern California area on KMET1490AM & 98.1 FM, an ABC Talk News Radio Affiliate!Marc Fasteau is a former investment banker and founder of an insurance company that is now a division of Progressive. Early in his career, he served on the professional staffs of the US Senate Majority Leader, the House Banking & Currency Committee, and the Joint Economic Committee. He was a partner at the New York investment bank Dillon, Read & Co. He has been involved in questions of international trade and industrial policy for 18 years and is a Vice Chairman of the Coalition for A Prosperous America. He has written on international trade and industrial policy in the Financial Times Economist Forum and Palladium magazine.   He is a graduate of Harvard College and Harvard Law School, where he was an editor of the Harvard Law Review.  https://www.marcfasteau.comIan Fletcher is the author of Free Trade Doesn't Work: What Should Replace It and Why and coauthor of The Conservative Case Against Free Trade. He was previously Senior Economist at the Coalition for a Prosperous America, on whose Advisory Board he now serves. Earlier in his career, he was Research Fellow at the US Business and Industry Council and an economic analyst in private practice. His writing on trade policy has been published in The Huffington Post, Tikkun, Palladium, WorldNetDaily, The American Thinker, The Christian Science Monitor, The Real-World Economics Review, Bloomberg News, Seeking Alpha, and Morning Consult. He was educated at Columbia and the University of Chicago. https://www.ianfletcher.com https://www.industrialpolicy.usFor more show information visit: www.MariannePestana.com

Critics on the Left have long attacked open markets and free trade agreements for exploiting the poor and undermining labor, while those on the Right complain that they unjustly penalize workers back home. In Open: The Progressive Case for Free Trade, Immigration, and Global Capital (Harvard University Press, 2019), Kimberly Clausing takes on old and new skeptics in her compelling case that open economies are actually a force for good. Turning to the data to separate substance from spin, she shows how international trade makes countries richer, raises living standards, benefits consumers, and brings nations together. At a time when borders are closing and the safety of global supply chains is being thrown into question, she outlines a clear agenda to manage globalization more effectively, presenting strategies to equip workers for a modern economy and establish a better partnership between labor and the business community. Kimberly Clausing holds the Eric M. Zolt Chair in Tax Law and Policy at the UCLA School of Law. During the first part of the Biden Administration, Clausing was the Deputy Assistant Secretary for Tax Analysis in the US Department of the Treasury, serving as the lead economist in the Office of Tax Policy. Prior to coming to UCLA, Clausing was the Thormund A. Miller and Walter Mintz Professor of Economics at Reed College. Professor Clausing is also a nonresident senior fellow at the Peterson Institute for International Economics, a member of the Council on Foreign Relations, and a research associate at the National Bureau of Economic Research. She has worked on economic policy research with the International Monetary Fund, the Hamilton Project, the Brookings Institution, the Tax Policy Center, and the Center for American Progress. She has testified before the House Ways and Means Committee, the Senate Committee on Finance, the Senate Committee on the Budget, and the Joint Economic Committee. Professor Clausing received her B.A. from Carleton College in 1991 and her Ph.D. from Harvard University in 1996, both in economics. Other New Books Networks interviews on related themes include Yale economist Penny Goldberg, former Chief Economist of the World Bank, on The Unequal Effects of Globalization, Princeton economist Leah Boustan on how immigrants have contributed to and rapidly assimilated into US society, and University of Massachusetts economist Isabella Weber on China's process of integration into the world economy. 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

Critics on the Left have long attacked open markets and free trade agreements for exploiting the poor and undermining labor, while those on the Right complain that they unjustly penalize workers back home. In Open: The Progressive Case for Free Trade, Immigration, and Global Capital (Harvard University Press, 2019), Kimberly Clausing takes on old and new skeptics in her compelling case that open economies are actually a force for good. Turning to the data to separate substance from spin, she shows how international trade makes countries richer, raises living standards, benefits consumers, and brings nations together. At a time when borders are closing and the safety of global supply chains is being thrown into question, she outlines a clear agenda to manage globalization more effectively, presenting strategies to equip workers for a modern economy and establish a better partnership between labor and the business community. Kimberly Clausing holds the Eric M. Zolt Chair in Tax Law and Policy at the UCLA School of Law. During the first part of the Biden Administration, Clausing was the Deputy Assistant Secretary for Tax Analysis in the US Department of the Treasury, serving as the lead economist in the Office of Tax Policy. Prior to coming to UCLA, Clausing was the Thormund A. Miller and Walter Mintz Professor of Economics at Reed College. Professor Clausing is also a nonresident senior fellow at the Peterson Institute for International Economics, a member of the Council on Foreign Relations, and a research associate at the National Bureau of Economic Research. She has worked on economic policy research with the International Monetary Fund, the Hamilton Project, the Brookings Institution, the Tax Policy Center, and the Center for American Progress. She has testified before the House Ways and Means Committee, the Senate Committee on Finance, the Senate Committee on the Budget, and the Joint Economic Committee. Professor Clausing received her B.A. from Carleton College in 1991 and her Ph.D. from Harvard University in 1996, both in economics. Other New Books Networks interviews on related themes include Yale economist Penny Goldberg, former Chief Economist of the World Bank, on The Unequal Effects of Globalization, Princeton economist Leah Boustan on how immigrants have contributed to and rapidly assimilated into US society, and University of Massachusetts economist Isabella Weber on China's process of integration into the world economy. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/world-affairs

Critics on the Left have long attacked open markets and free trade agreements for exploiting the poor and undermining labor, while those on the Right complain that they unjustly penalize workers back home. In Open: The Progressive Case for Free Trade, Immigration, and Global Capital (Harvard University Press, 2019), Kimberly Clausing takes on old and new skeptics in her compelling case that open economies are actually a force for good. Turning to the data to separate substance from spin, she shows how international trade makes countries richer, raises living standards, benefits consumers, and brings nations together. At a time when borders are closing and the safety of global supply chains is being thrown into question, she outlines a clear agenda to manage globalization more effectively, presenting strategies to equip workers for a modern economy and establish a better partnership between labor and the business community. Kimberly Clausing holds the Eric M. Zolt Chair in Tax Law and Policy at the UCLA School of Law. During the first part of the Biden Administration, Clausing was the Deputy Assistant Secretary for Tax Analysis in the US Department of the Treasury, serving as the lead economist in the Office of Tax Policy. Prior to coming to UCLA, Clausing was the Thormund A. Miller and Walter Mintz Professor of Economics at Reed College. Professor Clausing is also a nonresident senior fellow at the Peterson Institute for International Economics, a member of the Council on Foreign Relations, and a research associate at the National Bureau of Economic Research. She has worked on economic policy research with the International Monetary Fund, the Hamilton Project, the Brookings Institution, the Tax Policy Center, and the Center for American Progress. She has testified before the House Ways and Means Committee, the Senate Committee on Finance, the Senate Committee on the Budget, and the Joint Economic Committee. Professor Clausing received her B.A. from Carleton College in 1991 and her Ph.D. from Harvard University in 1996, both in economics. Other New Books Networks interviews on related themes include Yale economist Penny Goldberg, former Chief Economist of the World Bank, on The Unequal Effects of Globalization, Princeton economist Leah Boustan on how immigrants have contributed to and rapidly assimilated into US society, and University of Massachusetts economist Isabella Weber on China's process of integration into the world economy. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/public-policy

Critics on the Left have long attacked open markets and free trade agreements for exploiting the poor and undermining labor, while those on the Right complain that they unjustly penalize workers back home. In Open: The Progressive Case for Free Trade, Immigration, and Global Capital (Harvard University Press, 2019), Kimberly Clausing takes on old and new skeptics in her compelling case that open economies are actually a force for good. Turning to the data to separate substance from spin, she shows how international trade makes countries richer, raises living standards, benefits consumers, and brings nations together. At a time when borders are closing and the safety of global supply chains is being thrown into question, she outlines a clear agenda to manage globalization more effectively, presenting strategies to equip workers for a modern economy and establish a better partnership between labor and the business community. Kimberly Clausing holds the Eric M. Zolt Chair in Tax Law and Policy at the UCLA School of Law. During the first part of the Biden Administration, Clausing was the Deputy Assistant Secretary for Tax Analysis in the US Department of the Treasury, serving as the lead economist in the Office of Tax Policy. Prior to coming to UCLA, Clausing was the Thormund A. Miller and Walter Mintz Professor of Economics at Reed College. Professor Clausing is also a nonresident senior fellow at the Peterson Institute for International Economics, a member of the Council on Foreign Relations, and a research associate at the National Bureau of Economic Research. She has worked on economic policy research with the International Monetary Fund, the Hamilton Project, the Brookings Institution, the Tax Policy Center, and the Center for American Progress. She has testified before the House Ways and Means Committee, the Senate Committee on Finance, the Senate Committee on the Budget, and the Joint Economic Committee. Professor Clausing received her B.A. from Carleton College in 1991 and her Ph.D. from Harvard University in 1996, both in economics. Other New Books Networks interviews on related themes include Yale economist Penny Goldberg, former Chief Economist of the World Bank, on The Unequal Effects of Globalization, Princeton economist Leah Boustan on how immigrants have contributed to and rapidly assimilated into US society, and University of Massachusetts economist Isabella Weber on China's process of integration into the world economy. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

Critics on the Left have long attacked open markets and free trade agreements for exploiting the poor and undermining labor, while those on the Right complain that they unjustly penalize workers back home. In Open: The Progressive Case for Free Trade, Immigration, and Global Capital (Harvard University Press, 2019), Kimberly Clausing takes on old and new skeptics in her compelling case that open economies are actually a force for good. Turning to the data to separate substance from spin, she shows how international trade makes countries richer, raises living standards, benefits consumers, and brings nations together. At a time when borders are closing and the safety of global supply chains is being thrown into question, she outlines a clear agenda to manage globalization more effectively, presenting strategies to equip workers for a modern economy and establish a better partnership between labor and the business community. Kimberly Clausing holds the Eric M. Zolt Chair in Tax Law and Policy at the UCLA School of Law. During the first part of the Biden Administration, Clausing was the Deputy Assistant Secretary for Tax Analysis in the US Department of the Treasury, serving as the lead economist in the Office of Tax Policy. Prior to coming to UCLA, Clausing was the Thormund A. Miller and Walter Mintz Professor of Economics at Reed College. Professor Clausing is also a nonresident senior fellow at the Peterson Institute for International Economics, a member of the Council on Foreign Relations, and a research associate at the National Bureau of Economic Research. She has worked on economic policy research with the International Monetary Fund, the Hamilton Project, the Brookings Institution, the Tax Policy Center, and the Center for American Progress. She has testified before the House Ways and Means Committee, the Senate Committee on Finance, the Senate Committee on the Budget, and the Joint Economic Committee. Professor Clausing received her B.A. from Carleton College in 1991 and her Ph.D. from Harvard University in 1996, both in economics. Other New Books Networks interviews on related themes include Yale economist Penny Goldberg, former Chief Economist of the World Bank, on The Unequal Effects of Globalization, Princeton economist Leah Boustan on how immigrants have contributed to and rapidly assimilated into US society, and University of Massachusetts economist Isabella Weber on China's process of integration into the world economy. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/politics-and-polemics

Critics on the Left have long attacked open markets and free trade agreements for exploiting the poor and undermining labor, while those on the Right complain that they unjustly penalize workers back home. In Open: The Progressive Case for Free Trade, Immigration, and Global Capital (Harvard University Press, 2019), Kimberly Clausing takes on old and new skeptics in her compelling case that open economies are actually a force for good. Turning to the data to separate substance from spin, she shows how international trade makes countries richer, raises living standards, benefits consumers, and brings nations together. At a time when borders are closing and the safety of global supply chains is being thrown into question, she outlines a clear agenda to manage globalization more effectively, presenting strategies to equip workers for a modern economy and establish a better partnership between labor and the business community. Kimberly Clausing holds the Eric M. Zolt Chair in Tax Law and Policy at the UCLA School of Law. During the first part of the Biden Administration, Clausing was the Deputy Assistant Secretary for Tax Analysis in the US Department of the Treasury, serving as the lead economist in the Office of Tax Policy. Prior to coming to UCLA, Clausing was the Thormund A. Miller and Walter Mintz Professor of Economics at Reed College. Professor Clausing is also a nonresident senior fellow at the Peterson Institute for International Economics, a member of the Council on Foreign Relations, and a research associate at the National Bureau of Economic Research. She has worked on economic policy research with the International Monetary Fund, the Hamilton Project, the Brookings Institution, the Tax Policy Center, and the Center for American Progress. She has testified before the House Ways and Means Committee, the Senate Committee on Finance, the Senate Committee on the Budget, and the Joint Economic Committee. Professor Clausing received her B.A. from Carleton College in 1991 and her Ph.D. from Harvard University in 1996, both in economics. Other New Books Networks interviews on related themes include Yale economist Penny Goldberg, former Chief Economist of the World Bank, on The Unequal Effects of Globalization, Princeton economist Leah Boustan on how immigrants have contributed to and rapidly assimilated into US society, and University of Massachusetts economist Isabella Weber on China's process of integration into the world economy. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/law

Critics on the Left have long attacked open markets and free trade agreements for exploiting the poor and undermining labor, while those on the Right complain that they unjustly penalize workers back home. In Open: The Progressive Case for Free Trade, Immigration, and Global Capital (Harvard University Press, 2019), Kimberly Clausing takes on old and new skeptics in her compelling case that open economies are actually a force for good. Turning to the data to separate substance from spin, she shows how international trade makes countries richer, raises living standards, benefits consumers, and brings nations together. At a time when borders are closing and the safety of global supply chains is being thrown into question, she outlines a clear agenda to manage globalization more effectively, presenting strategies to equip workers for a modern economy and establish a better partnership between labor and the business community. Kimberly Clausing holds the Eric M. Zolt Chair in Tax Law and Policy at the UCLA School of Law. During the first part of the Biden Administration, Clausing was the Deputy Assistant Secretary for Tax Analysis in the US Department of the Treasury, serving as the lead economist in the Office of Tax Policy. Prior to coming to UCLA, Clausing was the Thormund A. Miller and Walter Mintz Professor of Economics at Reed College. Professor Clausing is also a nonresident senior fellow at the Peterson Institute for International Economics, a member of the Council on Foreign Relations, and a research associate at the National Bureau of Economic Research. She has worked on economic policy research with the International Monetary Fund, the Hamilton Project, the Brookings Institution, the Tax Policy Center, and the Center for American Progress. She has testified before the House Ways and Means Committee, the Senate Committee on Finance, the Senate Committee on the Budget, and the Joint Economic Committee. Professor Clausing received her B.A. from Carleton College in 1991 and her Ph.D. from Harvard University in 1996, both in economics. Other New Books Networks interviews on related themes include Yale economist Penny Goldberg, former Chief Economist of the World Bank, on The Unequal Effects of Globalization, Princeton economist Leah Boustan on how immigrants have contributed to and rapidly assimilated into US society, and University of Massachusetts economist Isabella Weber on China's process of integration into the world economy. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/finance

Critics on the Left have long attacked open markets and free trade agreements for exploiting the poor and undermining labor, while those on the Right complain that they unjustly penalize workers back home. In Open: The Progressive Case for Free Trade, Immigration, and Global Capital (Harvard University Press, 2019), Kimberly Clausing takes on old and new skeptics in her compelling case that open economies are actually a force for good. Turning to the data to separate substance from spin, she shows how international trade makes countries richer, raises living standards, benefits consumers, and brings nations together. At a time when borders are closing and the safety of global supply chains is being thrown into question, she outlines a clear agenda to manage globalization more effectively, presenting strategies to equip workers for a modern economy and establish a better partnership between labor and the business community. Kimberly Clausing holds the Eric M. Zolt Chair in Tax Law and Policy at the UCLA School of Law. During the first part of the Biden Administration, Clausing was the Deputy Assistant Secretary for Tax Analysis in the US Department of the Treasury, serving as the lead economist in the Office of Tax Policy. Prior to coming to UCLA, Clausing was the Thormund A. Miller and Walter Mintz Professor of Economics at Reed College. Professor Clausing is also a nonresident senior fellow at the Peterson Institute for International Economics, a member of the Council on Foreign Relations, and a research associate at the National Bureau of Economic Research. She has worked on economic policy research with the International Monetary Fund, the Hamilton Project, the Brookings Institution, the Tax Policy Center, and the Center for American Progress. She has testified before the House Ways and Means Committee, the Senate Committee on Finance, the Senate Committee on the Budget, and the Joint Economic Committee. Professor Clausing received her B.A. from Carleton College in 1991 and her Ph.D. from Harvard University in 1996, both in economics. Other New Books Networks interviews on related themes include Yale economist Penny Goldberg, former Chief Economist of the World Bank, on The Unequal Effects of Globalization, Princeton economist Leah Boustan on how immigrants have contributed to and rapidly assimilated into US society, and University of Massachusetts economist Isabella Weber on China's process of integration into the world economy. Learn more about your ad choices. Visit megaphone.fm/adchoices

Critics on the Left have long attacked open markets and free trade agreements for exploiting the poor and undermining labor, while those on the Right complain that they unjustly penalize workers back home. In Open: The Progressive Case for Free Trade, Immigration, and Global Capital (Harvard University Press, 2019), Kimberly Clausing takes on old and new skeptics in her compelling case that open economies are actually a force for good. Turning to the data to separate substance from spin, she shows how international trade makes countries richer, raises living standards, benefits consumers, and brings nations together. At a time when borders are closing and the safety of global supply chains is being thrown into question, she outlines a clear agenda to manage globalization more effectively, presenting strategies to equip workers for a modern economy and establish a better partnership between labor and the business community. Kimberly Clausing holds the Eric M. Zolt Chair in Tax Law and Policy at the UCLA School of Law. During the first part of the Biden Administration, Clausing was the Deputy Assistant Secretary for Tax Analysis in the US Department of the Treasury, serving as the lead economist in the Office of Tax Policy. Prior to coming to UCLA, Clausing was the Thormund A. Miller and Walter Mintz Professor of Economics at Reed College. Professor Clausing is also a nonresident senior fellow at the Peterson Institute for International Economics, a member of the Council on Foreign Relations, and a research associate at the National Bureau of Economic Research. She has worked on economic policy research with the International Monetary Fund, the Hamilton Project, the Brookings Institution, the Tax Policy Center, and the Center for American Progress. She has testified before the House Ways and Means Committee, the Senate Committee on Finance, the Senate Committee on the Budget, and the Joint Economic Committee. Professor Clausing received her B.A. from Carleton College in 1991 and her Ph.D. from Harvard University in 1996, both in economics. Other New Books Networks interviews on related themes include Yale economist Penny Goldberg, former Chief Economist of the World Bank, on The Unequal Effects of Globalization, Princeton economist Leah Boustan on how immigrants have contributed to and rapidly assimilated into US society, and University of Massachusetts economist Isabella Weber on China's process of integration into the world economy. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/book-of-the-day

This week on Breaking Battlegrounds, Chuck and Sam first welcome Thomas Grove of the Wall Street Journal to share his experience writing with Evan Gershkovich, recently freed from Russian imprisonment, on a front-page story exposing what is going on inside Putin's Russian prisons. Thomas also analyzes Syria's faltering regime, examining whether Russia's focus on Ukraine sped up its collapse and what this means for Israel's strategic outlook. Later, Congressman David Schweikert joins to discuss his recent meeting with Elon Musk, where they explored hundreds of modernization ideas to streamline government spending. He also highlights the critical tax policy debates Congress must tackle in 2025. Finally, Dan McLaughlin of National Review joins the show to dissect Biden's pardons, the Daniel Perry case, and his article Progressives Are Mad at What Obama Did to Our Health Insurance System. In Kiley's Corner, discover how the McDonald's employee who tipped off police about Luigi Mangione could claim the FBI or Crimewatch reward, and delve into the shocking twists of the Melody Farris trial, including her revelation of the alleged real killer she has been protecting for six years.www.breakingbattlegrounds.voteTwitter: www.twitter.com/Breaking_BattleFacebook: www.facebook.com/breakingbattlegroundsInstagram: www.instagram.com/breakingbattlegroundsLinkedIn: www.linkedin.com/company/breakingbattlegroundsShow sponsors:Invest YrefyYrefy offers a secure, collateralized portfolio with a strong, fixed rate of return - up to a 10.25%. There is no attack on your principal if you ever need your money back. You can let your investment compound daily, or take your income whenever you choose. Make sure you tell them Sam and Chuck sent you!Learn more at investyrefy.com4Freedom MobileExperience true freedom with 4Freedom Mobile, the exclusive provider offering nationwide coverage on all three major US networks (Verizon, AT&T, and T-Mobile) with just one SIM card. Our service not only connects you but also shields you from data collection by network operators, social media platforms, government agencies, and more.Use code ‘Battleground' to get your first month for $9 and save $10 a month every month after.Learn more at: 4FreedomMobile.comDot VoteWith a .VOTE website, you ensure your political campaign stands out among the competition while simplifying how you reach voters.Learn more at: dotvote.voteAbout our guests:Thomas Grove covers the confrontation between Russia and the West for The Wall Street Journal. He is based in Warsaw. Before that Thomas covered Russia for more than a decade and he has traveled to Ukraine regularly since Russia's invasion. He writes on Russia's military, the arms trade and the Russian defense sector as well as great power competition. He started his career in Istanbul with Reuters writing about the economy and the rise of Recep Tayyip Erdogan's AKP. Thomas has since reported from across Central Asia, the Caucasus region and the Middle East. You can follow him on X @tggrove.-Congressman David Schweikert is serving his seventh term in the United States Congress. He holds a seat on the Ways and Means Committee and is the current Chairman of the Oversight Subcommittee. He is also the Vice Chairman of the bicameral Joint Economic Committee, Chairman of the Valley Fever Task force, is the Republican Co-Chair of the Blockchain Caucus, Co-Chair of the Tunisia Caucus, and Co-Chair of the Telehealth Caucus.-Dan McLaughlin is a senior writer at National Review Online and a fellow at National Review Institute. You can follow him on X @baseballcrank. Get full access to Breaking Battlegrounds at breakingbattlegrounds.substack.com/subscribe

Jon Hartley and David Malpass discuss David's career, and his service in government, including his time as president of the World Bank Group. They also discuss the changing role of China in international finance as well as the IMF and World Bank responses to the COVID-19 pandemic, the global distribution of COVID-19 vaccines, COVID-19 sovereign debt relief (Debt Service Suspension Initiative or DSSI)),and  how the early 2020s inflation has impacted developing countries, economic growth, and climate policy. Recorded on September 20, 2024. ABOUT THE SPEAKERS: David Malpass served as the 13th president of the World Bank Group. Prior to his appointment at the World Bank, David served as Undersecretary of the US Treasury for international affairs during the Trump administration. Before joining the US Treasury, David founded and led a macroeconomics research firm based in New York City.  He has also served as chief economist of Bear Stearns, where conducted financial analyses of countries around the world. Earlier in his career, David served in various roles at the Treasury during the Reagan and George H.W. Bush administrations as well as in the US Senate working on the Budget Committee and Joint Economic Committee. Jon Hartley is a Research Assistant at the Hoover Institution and an economics PhD Candidate at Stanford University, where he specializes in finance, labor economics, and macroeconomics. He is also currently a Research Fellow at the Foundation for Research on Equal Opportunity (FREOPP) and a Senior Fellow at the Macdonald-Laurier Institute. Jon is also a member of the Canadian Group of Economists, and serves as chair of the Economic Club of Miami. Jon has previously worked at Goldman Sachs Asset Management as well as in various policy roles at the World Bank, IMF, Committee on Capital Markets Regulation, US Congress Joint Economic Committee, the Federal Reserve Bank of New York, the Federal Reserve Bank of Chicago, and the Bank of Canada.  Jon has also been a regular economics contributor for National Review Online, Forbes, and The Huffington Post and has contributed to The Wall Street Journal, The New York Times, USA Today, Globe and Mail, National Post, and Toronto Star among other outlets. Jon has also appeared on CNBC, Fox Business, Fox News, Bloomberg, and NBC, and was named to the 2017 Forbes 30 Under 30 Law & Policy list, the 2017 Wharton 40 Under 40 list, and was previously a World Economic Forum Global Shaper. ABOUT THE SERIES: Each episode of Capitalism and Freedom in the 21st Century, a video podcast series and the official podcast of the Hoover Economic Policy Working Group, focuses on getting into the weeds of economics, finance, and public policy on important current topics through one-on-one interviews. Host Jon Hartley asks guests about their main ideas and contributions to academic research and policy. The podcast is titled after Milton Friedman‘s famous 1962 bestselling book Capitalism and Freedom, which after 60 years, remains prescient from its focus on various topics which are now at the forefront of economic debates, such as monetary policy and inflation, fiscal policy, occupational licensing, education vouchers, income share agreements, the distribution of income, and negative income taxes, among many other topics. For more information, visit: capitalismandfreedom.substack.com/

How will the 2024 election affect the economy, the markets, the deficits, and your wallet? Our favorite economist is back on the podcast for a third time with his straightforward opinions!    Bob Stein is the Deputy Chief Economist at First Trust Advisors, where he's responsible for commenting on and forecasting the U.S. economy.    In this Off the Wall discussion, Bob shares his thoughts and predictions for the 2024 electoral races for the House, Senate and White House, and their impacts on the American people.    Bob breaks down the scenarios and possible outcomes for the election, including what would happen in a parallel universe (thanks for the fun prompt, Dave). So, buckle up and get ready for some ponder-worthy possibilities!    “As of today, the one thing I can tell you for sure is that my odds will change between now and Election Day, maybe multiple times, maybe by dinner tonight. But as of right now, I think Donald Trump has about a 60% chance of winning. Harris only 40.” – Bob Stein    Episode Timeline/Key Highlights:  [00:00] Introducing Bob Stein & the topic of today's episode.  [02:28] What is the likely outcome of the House election and how will it impact the US economy?  [04:06] Will Hakeem Jeffries become speaker of the House and a presidential candidate for 2028?  [06:48] What is the likely outcome of the Senate election? What are the odds the Democrats take the Senate?  [10:25] If Republicans take the Senate, what impact will it have on the economy, markets, deficit, and people's wallets?  [11:31] Bob's predictions on the 2024 Presidential Election results.  [15:06] If Trump or Harris won, how would it affect the economy, markets, deficits, and people's wallets?  [18:33] If Harris won the election, would tax cuts get extended?  [20:48] Potential outcomes of a red sweep, blue sweep, or divided government.  [23:48] What are the realistic policies being supported by Trump and Harris?  [29:06] Are there any policy ideas that the presidential candidates are putting forward that you think, if it's enacted, would be potentially harmful to the economy or the average American?  [30:07] Potential changes to the Supreme Court after the election.  [33:46] Low probability surprises we could see happen in the 2024 Presidential Election.    Please see important podcast disclosure information at https://monumentwealthmanagement.com/disclosures.      Resources Mentioned:  First Trust: https://www.ftportfolios.com  Listen to our first episode with Bob (Predictions for the Economic & Political Landscape 2022): https://bit.ly/3fU48CH  Listen to our last episode with Bob (2024 Presidential Election Predictions): https://bit.ly/bobstein2  Subscribe to our blog: https://bit.ly/MonumentWealthBlog  Subscribe to Monument #Unfiltered: https://bit.ly/monumentunfiltered    About Bob Stein:  Bob is Deputy Chief Economist at First Trust Advisors, L.P., where he is responsible for forecasting the U.S. economy and writing economic commentaries. With Bob's projections, First Trust has won numerous awards for its economic forecasts, including being ranked #1 in the world by Consensus Economics for accurately predicting GDP growth and Consumer Price Inflation in the United States in 2022. In addition, First Trust is consistently ranked in the top five by Bloomberg for forecasting economic indicators. Bob has also won several Crystal Ball Awards from Zillow for forecasting home prices. Prior to joining First Trust in 2006, Bob was Assistant Secretary for Economic Policy at the U.S. Treasury Department. While there, Bob was responsible for briefing the Secretary of the Treasury on U.S. macroeconomic developments, formulating policy proposals, and helping generate the official economic forecast used by the President for budget proposals. Day to day, he led a team of twenty economists conducting in-depth economic analysis and research.    Between 1996 and 2002, Bob was an economist on Capitol Hill, including the last two years (2001-02) as chief economist for the Senate Budget Committee. While on Capitol Hill, Bob also worked for the Senate Banking Committee and Joint Economic Committee. Prior to his tenure on Capitol Hill, Bob was an economic journalist for Investor's Business Daily. Bob received a BA in both Economics and Government from Georgetown University. He has been a CFA charter holder since 2003.    Connect with Bob Stein on LinkedIn: https://www.linkedin.com/in/robert-stein-4234ba18  Follow him on X: https://x.com/BobStein_FT    Connect with Monument Wealth Management:  Visit our website: https://bit.ly/monumentwealthwebsite   Follow us on Instagram: https://bit.ly/MonumentWealthIG   Connect on LinkedIn: https://bit.ly/MonumentWealthLI   Connect on Facebook: https://bit.ly/MonumentWealthFB   Connect on YouTube: https://bit.ly/YouTubeMWMFit  Subscribe to Monument #Unfiltered: https://bit.ly/monumentunfiltered    About “Off the Wall”:  OFF THE WALL is a podcast for business professionals and high-net-worth investors who want to build wealth with purpose. A little bit Wall Street, a little bit off-the-wall; it's your go-to for straightforward, unfiltered wealth advice on topics that founders, business owners, and executives care about.    Learn more about our hosts, Dave and Jessica on our website at https://monumentwealthmanagement.com. 

On Friday, Vice President Kamala Harris delivered a speech in North Carolina outlining her economic platform, including a federal ban on price gouging, expanded tax credits, and more. The proposal to tackle corporate price gouging has sparked significant pushback from both the establishment wing of the Democratic Party and various factions within the Republican Party. About a year ago, we spoke with economist James Galbraith on the back porch of his Vermont childhood home, where he was raised by John Kenneth Galbraith—one of the 20th century's leading policymakers and thinkers on government regulation of prices. Today, we're revisiting that conversation, which originally aired on July 7, 2023.James K. Galbraith is a professor of government and business relations at the University of Texas at Austin. Galbraith has an extensive history of working in government, including as executive director of the Joint Economic Committee of the U.S. Congress and an economist for the House Banking Committee. Galbraith joins Ryan Grim to discuss the implementation of price controls by the U.S. government, how it brings down prices, how the Biden administration has used it and could use it more, and how Galbraith's father — economist and politician John Kenneth Galbraith — was instrumental in setting price controls during World War II. Hosted on Acast. See acast.com/privacy for more information.

Brian Wesbury, Chief Economist at First Trust LP and the former Chief Economist for the Joint Economic Committee of Congress, is in for Jim. Today, Brian and Greg dissect Kamala Harris choosing Minnesota Gov. Tim Walz as her running mate and why it may be a gift to the GOP. Brian also explains why the markets are in turmoil right now, why you shouldn't panic, and more.First, they respond to the breaking news that Harris-Walz will be the ticket for Democrats in 2024. They explain why this is the furthest left ticket in recent memory and why it gives Donald Trump and JD Vance ample opportunities to expose how far out of the mainstream Harris and Walz really are. And they discuss the Walz record in Minnesota - from his disastrous handling of the 2020 riots to his far left economic and social positions.Next, Brian goes through the factors leading to the major volatility in world markets over the past several days. He says we are largely paying the price for terrible policies enacted during the Covid pandemic and he says the "morphine" is finally wearing off. But there are other important factors as well, and Brian tells us why he thinks the U.S. is headed into a recession but nothing close to a 2008-level crisis.Finally, Brian explains why investors should not panic during this turmoil and what the smartest government response would be.Please visit our great sponsors:Zbioticshttps://zbiotics.com/3MLUse code 3ML at checkout to save 15% off your first order.  

Brian Wesbury, Chief Economist at First Trust LP and the former Chief Economist for the Joint Economic Committee of Congress, is in for Jim. Today, Brian and Greg dissect Kamala Harris choosing Minnesota Gov. Tim Walz as her running mate and why it may be a gift to the GOP. Brian also explains why the […]

This week on Breaking Battlegrounds, we have an action-packed lineup. We start with Congressman David Schweikert, representing Arizona's 1st Congressional district and renowned for his pivotal roles in economic policy and healthcare innovation. As Vice Chairman of the Joint Economic Committee and Chairman of the Oversight Subcommittee, Congressman Schweikert joins us to discuss the integration of AI in medical technology, recent economic developments, and the impact of Biden's border policies on the low-income working class. Following him is Maureen Castle Tusty, co-director of Sky Films Inc., sharing her latest project 'She Rises Up,' a documentary highlighting women entrepreneurs battling poverty worldwide. Then, we welcome back Dr. Everett Piper, former university president and columnist for The Washington Times, who delves into his piece 'Biden's moral deflections: Projections of a liar in chief.' Stay tuned for Kiley's Corner as they discuss the Alec Baldwin trial, and as always, we end the show with Jenna's Sunshine Moment.Connect with us:www.breakingbattlegrounds.voteTwitter: www.twitter.com/Breaking_BattleFacebook: www.facebook.com/breakingbattlegroundsInstagram: www.instagram.com/breakingbattlegroundsLinkedIn: www.linkedin.com/company/breakingbattlegrounds-Show sponsors:Invest YrefyYrefy offers a secure, collateralized portfolio with a strong, fixed rate of return - up to a 10.25%. There is no attack on your principal if you ever need your money back. You can let your investment compound daily, or take your income whenever you choose. Make sure you tell them Sam and Chuck sent you!Learn more at investyrefy.com4Freedom MobileExperience true freedom with 4Freedom Mobile, the exclusive provider offering nationwide coverage on all three major US networks (Verizon, AT&T, and T-Mobile) with just one SIM card. Our service not only connects you but also shields you from data collection by network operators, social media platforms, government agencies, and more.Use code ‘Battleground' to get your first month for $9 and save $10 a month every month after.Learn more at: 4FreedomMobile.comDot VoteWith a .VOTE website, you ensure your political campaign stands out among the competition while simplifying how you reach voters.Learn more at: dotvote.vote-About our guests:Congressman David Schweikert is a friend of the show and represents Arizona's 1st Congressional district. He holds a seat on the Ways and Means Committee, and is the current Chairman of the Oversight Subcommittee. He is also the Vice Chairman of the bicameral Joint Economic Committee, Chairman the Valley Fever Task force, is the Republican Co-Chair of the Blockchain Caucus, Co-Chair of the Tunisia Caucus, and Co-Chair of the Telehealth Caucus.https://davidschweikert.com/-Maureen (Mo) Castle Tusty is co-owner and the primary creative director and film director for Sky Films Inc., producing documentary films that inform, uplift and inspire. Her most recent project is She Rises Up, a feature documentary that follows the remarkable journeys of three women who are working to lift their communities out of poverty through the local businesses they are fighting to maintain.-Dr. Everett Piper is a columnist for The Washington Times, former university president and radio host. He is the author of “Not a Daycare: The Devastating Consequences of Abandoning Truth." You can follow him on X @dreverettpiper. Get full access to Breaking Battlegrounds at breakingbattlegrounds.substack.com/subscribe

This is a free preview of a paid episode. To hear more, visit wisdomofcrowds.liveConservatives often argue that liberalism is not a neutral political system. Liberalism, they say, has values of its own. It sneakily promotes these values as normative, and even good, for the citizens of liberal societies — whether those citizens like it or not.The philosopher and self-proclaimed liberal Alexandre Lefebvre believes that, empirically speaking, this conservative critique is pretty much true. As the title of his new book, Liberalism as a Way of Life, suggests, liberals should own up to the fact that they believe in more than a political system. They believe in a way of life. But a way of life requires values, and where do liberals get their values from?Christine and Shadi talk to Alex about these questions and more in a probing, contentious examination of Alex's book. How does liberalism ground its preferences? How does it defend the idea of human dignity? Why is personal freedom a good thing? Moreover, how do religious people, who want to live in a liberal political society without necessarily believing in liberalism as a way of life, fit into Alex's theory?In the bonus section for paid subscribers, Alex explains why becoming a true liberal requires overcoming your “inner Karen,” and Christine and Shadi quiz Alex on his list of the seventeen joys of liberalism. How does liberalism lead to playfulness? What about redemption? Find out by listening to this rapid-fire, ideas-packed episode.Required Reading:* Liberalism as a Way of Life by Alexandre Lefebvre.* Alex's personal website.* “Natural Law” (Internet Encyclopedia of Philosophy).* Justice: Rights and Wrongs by Nicholas Wolterstorff.* Dominion: How the Christian Revolution Remade the World by Tom Holland.* “John Rawls” (Stanford Encyclopedia of Philosophy).* Ordinary Vices by Judith N. Shklar.* Disney Princess (tvtropes.org).* “Carl Schmitt” (Stanford Encyclopedia of Philosophy).* Irving Kristol: A conservative is a liberal who was “mugged by reality.”* Surgeon General's Advisory on Our Epidemic of Loneliness and Isolation (hhs.gov).* “Long Term Trends in Deaths of Despair” (US Senate, Joint Economic Committee).* “Karen” meme origin.

The Child Tax Credit is a tax benefit available to many American families for the purpose of reducing their federal income tax liability. It's specifically designed to help offset the cost of raising children. The CTC of today, however, differs starkly from its pre-pandemic structure. Many economists, including Kevin Corinth, think that the post-pandemic changes were a step in the wrong direction.Corinth is a senior fellow and the deputy director of the Center on Opportunity and Social Mobility here at AEI. His research interests include poverty, safety net programs, homelessness, social capital, and economic mobility. Previously, Corinth served as the staff director of the congressional Joint Economic Committee, and he was also chief economist in the White House Council of Economic Advisers.

Last Chance for Christmas Sale https://www.eurodollar.university/sales-page-1What's the difference between financial and monetary crisis? Everything. Whether anyone knows it or not, we continue to live in the long shadows of 2008. They are deflationary more than anything, too, a Silent Depression that so long as we remain stuck in it will make the 2020s into something more like the 2010s. That's not good. Getting out starts with finally a proper accounting of 15 years ago. Eurodollar University's Money & Macro AnalysisBen Bernanke Before the Joint Economic Committee, U.S. Congress, Marcy 28, 2007https://www.federalreserve.gov/newsevents/testimony/bernanke20070328a.htmFCIC Final Reporthttps://www.govinfo.gov/content/pkg/GPO-FCIC/pdf/GPO-FCIC.pdfNew Yorker Anatomy of a Meltdownhttps://www.newyorker.com/magazine/2008/12/01/anatomy-of-a-meltdownSt Louis Fed (2009) The Financial Crisis and U.S. Cross-Border Financial Flowshttps://www.federalreserve.gov/pubs/bulletin/2009/articles/crossborder/default.htmTwitter: https://twitter.com/JeffSnider_EDUhttps://www.eurodollar.universityRealClearMarkets Essays: https://bit.ly/38tL5a7#gfc2022 #gfc2023 #2008 #recession #money #recession2023 #money #inflation #deflation #interestrates #dollar #economy #credit #interestrates #ratecuts #federalreserve #fomc #fedpivot

Oil prices down big again. A lot more contango, too. Bond buying remains heavy and while not quite to the bull steepening it's moving in on that key point. All signs point to lower rates ahead, but isn't that a good thing? That's what we're supposed to believe...Eurodollar University's Money & Macro AnalysisBen Bernanke: Before the Joint Economic Committee, U.S. Congress April 2008https://www.federalreserve.gov/newsevents/testimony/bernanke20080402a.htmCNBC: Bernanke Says US Could Be Facing A Mild Recessionhttps://www.cnbc.com/2008/04/10/bernanke-says-us-could-be-facing-a-mild-recession.htmlTwitter: https://twitter.com/JeffSnider_EDUhttps://www.eurodollar.universityRealClearMarkets Essays: https://bit.ly/38tL5a7#recession #money #recession2023 #money #inflation #deflation #interestrates #dollar #economy #credit #interestrates #eurodollar #income #fed #federalreserve

We are excited to have Former United States Representative Carolyn Maloney on The Style That Binds Us podcast! Carolyn was the first woman to represent New York City's 7th Council district (where she was the first woman to give birth while in office). She was also the first woman to chair the Joint Economic Committee. She became the first woman to chair the House Committee on Oversight and Reform. She was the first to offer a comprehensive package of legislation to make day care more available and affordable. She introduced a bill to establish Permanent Authorization of the September 11 Victim Compensation Fund Act which was signed into law; she advocated to provide Medicare coverage for annual mammograms. Congresswoman Maloney has introduced and advocated for legislation regarding issues such as sexual assaults, sex trafficking, women's rights and childcare to name a few; she played a role in getting an American Women's History Museum on the National Mall and is advocating for the Equal Rights Amendment. http://sign4era.org --- Send in a voice message: https://podcasters.spotify.com/pod/show/delia-folk8/message Support this podcast: https://podcasters.spotify.com/pod/show/delia-folk8/support

In the years since it was first introduced, Congress has paid precious little attention to the FAIRtax. Judging from that, it would be easy to believe that your Congressional representatives never hear about the FAIRtax and that many don't know anything about it. Unfortunately, the truth is that Congress DOES know about the FAIRtax. They just choose to ignore it.This week on FAIRtax Power Radio, the FAIRtax Guys look at testimony that was given before the Joint Economic Committee in the House of Representatives in November of 2011. Dan Mastromarco laid out a scathing indictment of the current tax system, called them out on why the current system continues to exist, and then makes a compelling case for switching to the FAIRtax.

https://westminster-institute.org/events/did-lockdowns-work-the-verdict-on-covid-restrictions/ Steve H. Hanke is a Senior Fellow, Contributing Editor of The Independent Review, and a Member of the Board of Advisors at the Independent Institute. Hanke is professor of applied economics and founder and co-director of the Institute for Applied Economics, Global Health, and the Study of Business Enterprise at the Johns Hopkins University in Baltimore, senior adviser at the Renmin University of China's International Monetary Research Institute in Beijing, and a special counselor to the Center for Financial Stability in New York. Hanke is also a contributing editor at Central Banking in London and a contributor at National Review. In addition, Hanke is a member of the Charter Council of the Society for Economic Measurement. In the past, Hanke taught economics at the Colorado School of Mines and at the University of California, Berkeley. He served as a member of the Governor's Council of Economic Advisers in Maryland in 1976–77, as a senior economist on President Reagan's Council of Economic Advisers in 1981–82, and as a senior adviser to the Joint Economic Committee of the U.S. Congress in 1984–88. Hanke served as a state counselor to both the Republic of Lithuania in 1994–96 and the Republic of Montenegro in 1999–2003. He was also an adviser to the presidents of Bulgaria in 1997–2002, Venezuela in 1995–96, and Indonesia in 1998. He played an important role in establishing new currency regimes in Argentina, Estonia, Bulgaria, Bosnia‐Herzegovina, Ecuador, Lithuania, and Montenegro. Hanke has also held senior appointments in the governments of many other countries, including Albania, Kazakhstan, the United Arab Emirates, and Yugoslavia. Hanke has been awarded honorary doctorate degrees by the Universidad San Francisco de Quito (2003), the Free University of Tbilisi (2010), Istanbul Kültür University (2012), the Bulgarian Academy of Sciences (2013), Varna Free University (2015), the Universität Liechtenstein (2017), and the D.A. Tsenov Academy of Economics (2018) in recognition of his scholarship on exchange‐rate regimes. He is a distinguished associate of the International Atlantic Economic Society, a distinguished professor at the Universitas Pelita Harapan in Jakarta, Indonesia, a professor asociado (the highest honor awarded to international experts of acknowledged competence) at the Universidad del Azuay in Cuenca, Ecuador, a profesor visitante at the Universidad Peruana de Ciencias Aplicadas (the UPC's highest academic honor), and the Gottfried von Haberler Professor at the European Center of Austrian Economics Foundation in Liechtenstein. In 1998, he was named one of the 25 most influential people in the world by World Trade Magazine. In 2020, Hanke was named a Knight of the Order of the Flag by Albanian President Ilir Meta. Hanke is a well‐known currency and commodity trader. Currently, he serves as chairman of the Supervisory Board of Advanced Metallurgical Group N.V. in Amsterdam and chairman emeritus of the Friedberg Mercantile Group Inc. in Toronto. During the 1990s, he served as president of Toronto Trust Argentina in Buenos Aires, the world's best‐performing emerging market mutual fund in 1995. Hanke received his B.S. in Business Administration (1964) and his Ph.D. in Economics (1969), both from the University of Colorado Boulder.

Today, we're sharing an episode of the podcast Deconstructed from our friends over at The Intercept, an award-winning investigative news organization. Centrist and right-wing economists continue to advocate for laying off workers and engineering a recession to address inflation. But why not set price controls instead? This week on Deconstructed, host Ryan Grim is joined by James K. Galbraith, a professor of government and business relations at the University of Texas at Austin. Galbraith has an extensive history of working in government, including as executive director of the Joint Economic Committee of the U.S. Congress and an economist for the House Banking Committee. Galbraith and Grim discuss the implementation of price controls by the U.S. government and how such measures bring down prices. They also explore how the Biden administration could expand its price control efforts, and how Galbraith's father — economist and politician John Kenneth Galbraith — was instrumental in setting price controls during World War II.If you like Lever Time with David Sirota, be sure to check out Deconstructed on all podcast platforms and subscribe.A transcript of this episode is available here.

Robert Riggs is a Peabody Award-winning investigative reporter and digital media entrepreneur. He has also received three coveted Alfred I. duPont Columbia University Journalism Awards for Investigative Reporting. The Peabody and duPont are respectively considered the broadcast TV equivalent of the Oscar and the Pulitzer.Texas A&M University named Robert an Outstanding Alumnus from the College of Architecture in recognition of his journalistic accomplishments. It is a distinction received by fewer than 1% of the College's graduates.Today, Riggs is the host and creator of the True Crime Reporter™ Podcast.During his journalism career, Riggs established a reputation for fairness, accuracy, credibility, and toughness in his reporting for the CBS Television Station Group - CBS 11 News, WFAA-TV (ABC) in Dallas-Fort Worth, Texas, and CBS Viacom reporting from the New York State Legislature. His investigative reports garnered a reputation for helping to send corrupt politicians and government officials to federal prison and were the catalyst for landmark changes in public policy.Riggs was an embedded reporter with the Army unit that led the invasion of Iraq in 2003 and he also covered Gulf War I. His assignments have included covering the White House, Congress, Pentagon, and State Department during the administrations of President Ronald Reagan and President George H.W. Bush.He appeared as a guest correspondent on ABC Nightline with Ted Koppel, CNN, and ESPN. CBS 60 Minutes and CBS News Online featured his investigative reports from Iraq. He reported from the “eye of the storm” of major breaking news stories including the mass murder at Luby's Cafeteria in Texas; the Branch Davidian siege in Waco; the Oklahoma City bombing; the standoff with the Republic of Texas separatists, and numerous natural disasters.Riggs' enterprise reporting primarily focused on the criminal justice system and national security with an emphasis on terrorism. In this connection, The University of Virginia Critical Incident Analysis Group and FBI selected Riggs in 2000 as an expert member of a multi-disciplinary panel that examined the architecture of terrorism and the symbolism of its targets. Meeting near the birthplace of Thomas Jefferson, the panel produced a landmark report entitled “Threats to Symbols of American Democracy” that prophetically identified vulnerabilities that would later tragically unfold during the 9-11 attacks.The Dallas Crime Commission awarded its first-ever Excellence in Crime Reporting Award to Riggs for his reporting on identity theft and Mexican Drug Cartels. The American Bar Association awarded him its Silver Gavel award for his investigative series Free To Kill which uncovered systemic corruption inside the Texas parole and prison systems.Prior to his journalism career, Riggs served as an investigator for the late Congressman Wright Patman of Texas who was Chairman of the House Banking Committee, Joint Economic Committee, and Joint Committee on Defense Production.As the Chief Investigator for the Joint Committee on Defense Production, Riggs spearheaded inquiries that touched on Watergate and Pentagon bribery scandals. He reported to the joint leadership of Representative Patman and Senator William Proxmire.In this role, Riggs held a Top Secret security clearance from the Department of Defense and received training from both the GAO and U.S. Army. The Committee's investigation of a defense contractor's bribery scheme contributed to the passage of the Foreign Corrupt Practices Act.Riggs currently belongs to the FBI's North Texas Chapter of InfraGard which was formed in response to the 9/11 terror attacks. He is also a longtime member of the Investigative Reporters & Editors (IRE).www.truecrimereporter.com

Centrist and right-wing economists continue to advocate for laying off workers and engineering a recession to address inflation. But why not set commodity price controls instead? This week on Deconstructed, Ryan Grim is joined by James K. Galbraith, a professor of government and business relations at the University of Texas at Austin. Galbraith has an extensive history of working in government, including as executive director of the Joint Economic Committee of the U.S. Congress and an economist for the House Banking Committee. Galbraith and Grim discuss the implementation of price controls by the U.S. government, how it brings down prices, how the Biden administration has used it and could use it more, and how Galbraith's father — economist and politician John Kenneth Galbraith — was instrumental in setting commodity price controls during the post-World War II era.If you'd like to support our work, go to theintercept.com/give, where your donation, no matter what the amount, makes a real difference.And if you haven't already, please subscribe to the show so you can hear it every week. And please go and leave us a rating or a review — it helps people find the show. If you want to give us additional feedback, email us at Podcasts@theintercept.com. Hosted on Acast. See acast.com/privacy for more information.

Welcome to my new Series "Can you talk real quick?" This is a short, efficiently produced conversation with someone who knows stuff about things that are happening and who will let me record a quick chat to help us all better understand an issue in the news or our lives as well as connect with each other around something that might be unfolding in real time.  Today I zoomed up with my favorite economist Dean Baker to talk about the Federal reserve announcement that it won't raise interest rates for the first time in over a year and we also discussed his recent piece on the impact AI will have on the future economy. Read his piece about that here  Dean Baker co-founded CEPR in 1999. His areas of research include housing and macroeconomics, intellectual property, Social Security, Medicare and European labor markets. He is the author of several books, including Rigged: How Globalization and the Rules of the Modern Economy Were Structured to Make the Rich Richer. His blog, “Beat the Press,” provides commentary on economic reporting. He received his B.A. from Swarthmore College and his Ph.D. in Economics from the University of Michigan. His analyses have appeared in many major publications, including the Atlantic Monthly, the Washington Post, the London Financial Times, and the New York Daily News. Dean has written several books including Getting Back to Full Employment: A Better Bargain for Working People (with Jared Bernstein, Center for Economic and Policy Research 2013), The End of Loser Liberalism: Making Markets Progressive (Center for Economic and Policy Research 2011), Taking Economics Seriously (MIT Press 2010) which thinks through what we might gain if we took the ideological blinders off of basic economic principles; and False Profits: Recovering from the Bubble Economy (PoliPoint Press 2010) about what caused — and how to fix — the current economic crisis. In 2009, he wrote Plunder and Blunder: The Rise and Fall of the Bubble Economy (PoliPoint Press), which chronicled the growth and collapse of the stock and housing bubbles and explained how policy blunders and greed led to the catastrophic — but completely predictable — market meltdowns. He also wrote a chapter (“From Financial Crisis to Opportunity”) in Thinking Big: Progressive Ideas for a New Era (Progressive Ideas Network 2009). His previous books include The United States Since 1980 (Cambridge University Press 2007); The Conservative Nanny State: How the Wealthy Use the Government to Stay Rich and Get Richer (Center for Economic and Policy Research 2006), and Social Security: The Phony Crisis (with Mark Weisbrot, University of Chicago Press 1999). His book Getting Prices Right: The Debate Over the Consumer Price Index (editor, M.E. Sharpe 1997) was a winner of a Choice Book Award as one of the outstanding academic books of the year. Among his numerous articles are “The Benefits of a Financial Transactions Tax,” Tax Notes Vol. 121, No. 4 (2008); “Are Protective Labor Market Institutions at the Root of Unemployment? A Critical Review of the Evidence,” (with David R. Howell, Andrew Glyn, and John Schmitt), Capitalism and Society Vol. 2, No. 1 (2007); “Asset Returns and Economic Growth,” (with Brad DeLong and Paul Krugman), Brookings Papers on Economic Activity (2005); “Financing Drug Research: What Are the Issues,” Center for Economic and Policy Research (2004); “Medicare Choice Plus: The Solution to the Long-Term Deficit Problem,” Center for Economic and Policy Research (2004); The Benefits of Full Employment (also with Jared Bernstein), Economic Policy Institute (2004); “Professional Protectionists: The Gains From Free Trade in Highly Paid Professional Services,” Center for Economic and Policy Research (2003); and “The Run-Up in Home Prices: Is It Real or Is It Another Bubble,” Center for Economic and Policy Research (2002). Dean previously worked as a senior economist at the Economic Policy Institute and an assistant professor at Bucknell University. He has also worked as a consultant for the World Bank, the Joint Economic Committee of the U.S. Congress, and the OECD's Trade Union Advisory Council. He was the author of the weekly online commentary on economic reporting, the Economic Reporting Review (ERR), from 1996–2006.   Stand Up is a daily podcast. I book,host,edit, post and promote new episodes with brilliant guests every day. Please subscribe now for as little as 5$ and gain access to a community of over 700 awesome, curious, kind, funny, brilliant, generous souls Check out StandUpwithPete.com to learn more

I start with Bruce at 12 mins and Michael at about 30 Bruce Bartlett is a longtime observer and commenter on economic and political affairs in Washington, D.C. He has written for virtually every major national publication in this area, including The New York Times, The Washington Post, The Wall Street Journal, USA Today, Politico, and many others. Read his column at and subscribe to The New Republic Bartlett's work is informed by many years in government, including service on the staffs of Congressmen Ron Paul and Jack Kemp and Senator Roger Jepsen, as executive director of the Joint Economic Committee of Congress, senior policy analyst in the Reagan White House, and deputy assistant secretary for economic policy at the Treasury Department during the George H.W. Bush administration. Bruce is the author of nine books including The New York Times best-seller, The Benefit and the Burden: Tax Reform—Why We Need It and What It Will Take (Simon & Schuster 2012). His earlier book, Impostor: How George W. Bush Bankrupted America and Betrayed the Reagan Legacy (Doubleday 2006), was also a New York Times best-seller. Bartlett's latest book is The Truth Matters: A Citizen's Guide to Separating Facts from Lies and Stopping Fake News in Its Tracks (Ten Speed Press/Penguin Random House 2017). Bartlett often appears on television, where he is a regular on MSNBC, CNBC, CNN and other news networks. He has also appeared on The Daily Show with Jon Stewart, The Colbert Report, Full Frontal with Samantha Bee, The Opposition with Jordan Klepper, The McLaughlin Group, Moyers and Company Most importantly he is a regular on Stand Up and my proudest achievement was creating his twitter account and encouraging him to use it. Michael A. Cohen is a regular contributor for The Boston Globe on national politics and foreign affairs. He is also the author of “American Maelstrom: The 1968 Election and the Politics of Division.” Michael has written for dozens of news outlets, including as a columnist for the Guardian and Foreign Policy and he is the US Political Correspondent for the London Observer. He previously worked as a speechwriter at the US State Department and has been a lecturer at Columbia University's School of International and Public Affairs. Please check out and hopefully subscribe to Michael's Substack newsletter Truth and Consequences!  Stand Up subscribers get a discount on Michael's new newsletter!     Check out all things Jon Carroll Follow and Support Pete Coe Pete on YouTube Pete on Twitter Pete On Instagram Pete Personal FB page Stand Up with Pete FB page

EPISODE 1480: In this KEEN ON show, Andrew talks to the author of POWER RIVALS, Carl Delfeld, about what he sees as the Republican existential challenge of reaching non-aligned voters Carl Delfeld is Hay-Seward Senior Fellow at the Center for Economic Security, Chief Global Analyst at Cabot Wealth, and author of new book, Power Rivals: America and China's Superpower Struggle and a Managing Partner of Blackthread LLC, began his career with the First National Bank of Boston later becoming director of the Japan and South Korea group. As vice president and Asia director for the investment firm Robert W. Baird & Company, and managed two campaigns in Wisconsin before joining the U.S. Senate Finance Committee and U.S. Joint Economic Committee as an Asia advisor and as an emerging markets advisor to the U.S. Treasury Department.  Carl was then appointed by President George H.W. Bush to represent America on the executive board of the Asian Development Bank in Manila, Philippines. Carl was a co-founder and CFO of Pacifica Holdings, editor and columnist with Forbes Asia, served as a member of the US National Committee on Pacific Economic Cooperation, and was chairman of the Asian Pension Forum. He is also an advisor to Asia Frontier Capital and the author of three books on investing as well as Red, White & Bold: Building a New American Century. He earned a MALD from the Fletcher School of Law & Diplomacy, Tufts University with study and research at Sophia University, Keio University, and Harvard University's Center for International Studies. Named as one of the "100 most connected men" by GQ magazine, Andrew Keen is amongst the world's best known broadcasters and commentators. In addition to presenting KEEN ON, he is the host of the long-running How To Fix Democracy show. He is also the author of four prescient books about digital technology: CULT OF THE AMATEUR, DIGITAL VERTIGO, THE INTERNET IS NOT THE ANSWER and HOW TO FIX THE FUTURE. Andrew lives in San Francisco, is married to Cassandra Knight, Google's VP of Litigation & Discovery, and has two grown children. Learn more about your ad choices. Visit megaphone.fm/adchoices

To learn more about the Institute for Gene Therapies, please visit their website: www.gene-therapies.org Congressman Erik Paulsen (MN-3) served from 2009 to 2019 as a leading member on the House Ways and Means Committee, which has jurisdiction over healthcare, economic, and trade policy. Erik currently serves as Chairman of the Institute for Gene Therapies, a 501(c)(4) that brings together experts across the healthcare system to advocate for a modernized policy framework that encourages transformative innovations, promotes patient access, and codifies transparent reimbursement practices. As a Member of Congress, Erik was the Chairman of the Joint Economic Committee focusing on innovation, entrepreneurship, digital trade, and other key economic issues. Erik also served as Co-Chair of the House Medical Technology Caucus and is a passionate advocate for innovative life science and medical technologies, the benefits they provide to patients, and the hundreds of thousands of jobs they support. In addition, Erik was a member of the Deputy Whip Team and Co-Chaired the Digital Trade Caucus and the Transatlantic Trade and Investment Partnership Caucus to promote international trade. ​Prior to his service in Congress, Erik was a member of the Minnesota State Legislature, where he served as House Majority Leader. Erik has over 16 years of business experience, including working as a business analyst at Target Corporation. He received his bachelor's degree in mathematics from St. Olaf College and resides in Eden Prairie with his wife and their four daughters.  

In their groundbreaking new book MOVING THE NEEDLE: What Tight Labor Markets Do for the Poor, Katherine S. Newman and Elisabeth S. Jacobs explore what happens when jobs are plentiful and workers are hard to come by, showing how very low unemployment boosts wages at the bottom, improves benefits, lengthens job ladders, and pulls the unemployed into a booming job market. From This Episode MOVING THE NEEDLE: What Tight Labor Markets Do for the Poor ABOUT THE AUTHORS Katherine Newman is a sociologist and academic leader who has worked at UC Berkeley, Columbia, Harvard, Princeton, Johns Hopkins and the University of Massachusetts. She is the author of 15 books on aspects of inequality, poverty, inner city society, the working poor, upskilling and social mobility (upward and downward), school violence. Her books have won the Robert F. Kennedy Book Award, the Sidney Hilman Prize, and honorable mention for the C Wright Mills Award. She is an elected member of the American Academy of Arts and Sciences and the recipient of awards for public scholarship from both the American Sociological Association and the American Anthropological Association.  Elisabeth Jacobs is a Harvard-trained sociologist with two decades of experience at the intersection of scholarly research and public policy. Early in her career, she served as a policy advisor for the U.S. Senate Committee on Health, Education, Labor, and Pensions under Senator Edward M. Kennedy, and for the Joint Economic Committee of the U.S. Congress. Prior to joining the Urban Institute, Jacobs helped build the Washington Center for Equitable Growth, and served as a fellow at the Brookings Institution. At Urban, Jacobs co-founded and leads WorkRise, a research-to-action network for jobs, workers, and mobility. She is the author of myriad reports and briefs on aspects of inequality, poverty, and economic mobility, with an emphasis on translating high-quality scholarship into accessible, actionable insights for policymakers, practitioners, and other changemakers seeking to improve the lives of all Americans.  Listen to All Electorette Episodes https://www.electorette.com/podcast Support the Electorette Rate & Review on iTunes: https://apple.co/2GsfQj4 Also, if you enjoy the Electorette, please subscribe and leave a 5-star review on iTunes. Also, please spread the word by telling your friends, family, and colleagues about The Electorette! WANT MORE ELECTORETTE? Follow the Electorette on social media. Electorette Facebook Electorette Instagram Electorette Twitter Learn more about your ad choices. Visit megaphone.fm/adchoices

This week on Breaking Battlegrounds, we are honored to be joined by friend of the show, Congressman David Schweikert of Arizona's First Congressional District. Later in the show, we check in with Ilan Wurman, who is working on a critical lawsuit over “The Zone,” a homeless encampment in downtown Phoenix. -David Schweikert is serving his fifth term in the United States Congress.  He holds a seat on the Ways and Means Committee, and serves as the Ranking Member of the Ways and Means Subcommittee on Social Security. Prior to his service on the Ways and Means Committee, David served on the House Committee on Financial Services.David also sits on the bicameral Joint Economic Committee, Co-Chairs the Valley Fever Task force with House Minority Leader Kevin McCarthy, and is the Republican Co-Chair of both the Blockchain Caucus, the Tunisia Caucus and the Caucus on Access to Capital and Credit.Among his legislative accomplishments, David was instrumental in authoring and passing the JOBS ACT into law. The bill was signed by the President in April 2012. Having previously served as Chairman of the EPA Oversight Subcommittee on the Science, Space, and Technology Committee; David championed key reforms such as the Secret Science Reform Act, which has passed the House of Representatives.A national leader on tribal policy, David draws on a unique background working with Arizona's tribal communities on important priorities.   He is always eager to take on a technical challenge.As a strong advocate for efficiencies in the 21st Century economy, David collaborates with entrepreneurs and innovators in Arizona and around the world on ways to increase trade and drive economic growth.  David is the co-chair of the Blockchain Caucus, and has championed technological innovations as the solution to the problems of over-burdensome government regulations.-Ilan Wurman is an associate professor at the Sandra Day O'Connor College of Law at Arizona State University, where he teaches administrative law and constitutional law. He writes primarily on the Fourteenth Amendment, administrative law, separation of powers, and constitutionalism. His academic writing has appeared or is forthcoming in the Yale Law Journal, the Stanford Law Review, the University of Chicago Law Review, the University of Pennsylvania Law Review, the Virginia Law Review, the Duke Law Journal, the Minnesota Law Review, and the Texas Law Review among other journals. He is also the author of A Debt Against the Living: An Introduction to Originalism (Cambridge 2017), and The Second Founding: An Introduction to the Fourteenth Amendment (Cambridge 2020).-Connect with us:www.breakingbattlegrounds.voteTwitter: www.twitter.com/Breaking_BattleFacebook: www.facebook.com/breakingbattlegroundsInstagram: www.instagram.com/breakingbattlegroundsLinkedIn: www.linkedin.com/company/breakingbattlegrounds This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit breakingbattlegrounds.substack.com

Tom welcomes back Steve Hanke Professor of Applied Economics - Johns Hopkins University. Steve discusses Austrian economist Felix Somary and explains how he was one of the few who understood exchange rates and had a full view of economic reality. This understanding is lacking today by most in power positions. Modern economic theory is very narrowly defined, and most lack that broad level of knowledge. The Fed has some 700+ economists working for them, but they all have similar understanding. We see these failings appear with the recent bank failures. It's obvious the banking system has large-scale problems. We're bordering on incompetence by those who are supposed to oversee these banks. They've doubled down on ignoring the money supply, arguing it has nothing to do with economic activity. Most of what you read in the financial press is either irrelevant or plain wrong. They are just restating Fed opinion. The Fed let the money supply increase at an unprecedented rate, and then we're surprised by the inflation. Now they are talking about tightening while increasing Federal fund rates. The money supply has shrunk by 2.3% which is causing pressure on banks. They have shrunk it by too much. We're still in quantitative tightening and the bank bailouts does not impact it. He explains his gold sentiment score service and how it can be useful for trades. A computer is examining articles hourly related to gold and the markets to determine current sentiment. It's a form of text analysis that can be used as a buy/sell signal. Time Stamp References:0:00 - Introduction0:44 - Economic Ignorance4:36 - Federal Reserve System9:43 - Recession & Whiplash14:10 - Bank Crisis & Easing?18:19 - Money Supply & GDP Growth21:19 - Hyperinflation & Countries22:55 - Game-Changing Moments?29:10 - Gold Sentiment Score35:40 - Primary Data Sources40:18 - Wrap Up Talking Points From This Episode Economic theory and the problems with the narrow focus of modern economists.Why most of the financial press is either wrong or irrelevant.The impact of money supply changes on the economy. Guest Links:Twitter: https://twitter.com/steve_hankeWebsite: https://thegoldsentimentreport.comWebsite: https://www.cato.org/people/hanke.htmlWebsite: https://sites.krieger.jhu.edu/iae/about/co-directors/Email: hanke@jhu.edu Steve H. Hanke is a Professor of Applied Economics and Founder & Co-Director of the Institute for Applied Economics, Global Health, and the Study of Business Enterprise at The Johns Hopkins University in Baltimore. He is a Senior Fellow and Director of the Troubled Currencies Project at the Cato Institute in Washington, D.C., a Senior Advisor at the Renmin University of China's International Monetary Research Institute in Beijing, a Special Counselor to the Center for Financial Stability in New York, a contributing editor at Central Banking in London, and a regular contributor to the Wall Street Journal's Opinion pages. Prof. Hanke is also a member of the Charter Council of the Society of Economic Measurement and of Euromoney Country Risk's Experts Panel. In the past, Prof. Hanke taught economics at the Colorado School of Mines and at the University of California, Berkeley. He served as a Member of the Governor's Council of Economic Advisors in Maryland in 1976-77, as a Senior Economist on President Reagan's Council of Economic Advisors in 1981-82, and as a Senior Advisor to the Joint Economic Committee of the U.S. Congress in 1984-88. Prof. Hanke served as a State Counselor to both the Republic of Lithuania in 1994-96 and the Republic of Montenegro in 1999-2003. He was also an Advisor to the Presidents of Bulgaria in 1997- 2002, Venezuela in 1995-96, and Indonesia in 1998. He played an important role in establishing new currency regimes in Argentina, Estonia, Bulgaria, Bosnia-Herzegovina, Ecuador, Lithuania, and Montenegro. Prof. Hanke has also held senior appointments in the governments of many other countries,

Today's show recaps the weekend news for 15 minutes then I talk to Dean Baker and at 42 minutes my conversation with Maura begins. Thanks so much for listening. Please give the show 5 stars and a review on Apple and Spotify Stand Up is a daily podcast. I book,host,edit, post and promote new episodes with brilliant guests every day. Please subscribe now for as little as 5$ and gain access to a community of over 740 awesome, curious, kind, funny, brilliant, generous souls. Dean Baker co-founded CEPR in 1999. His areas of research include housing and macroeconomics, intellectual property, Social Security, Medicare and European labor markets. He is the author of several books, including Rigged: How Globalization and the Rules of the Modern Economy Were Structured to Make the Rich Richer. His blog, “Beat the Press,” provides commentary on economic reporting. He received his B.A. from Swarthmore College and his Ph.D. in Economics from the University of Michigan. His analyses have appeared in many major publications, including the Atlantic Monthly, the Washington Post, the London Financial Times, and the New York Daily News. Dean has written several books including Getting Back to Full Employment: A Better Bargain for Working People (with Jared Bernstein, Center for Economic and Policy Research 2013), The End of Loser Liberalism: Making Markets Progressive (Center for Economic and Policy Research 2011), Taking Economics Seriously (MIT Press 2010) which thinks through what we might gain if we took the ideological blinders off of basic economic principles; and False Profits: Recovering from the Bubble Economy (PoliPoint Press 2010) about what caused — and how to fix — the current economic crisis. In 2009, he wrote Plunder and Blunder: The Rise and Fall of the Bubble Economy (PoliPoint Press), which chronicled the growth and collapse of the stock and housing bubbles and explained how policy blunders and greed led to the catastrophic — but completely predictable — market meltdowns. He also wrote a chapter (“From Financial Crisis to Opportunity”) in Thinking Big: Progressive Ideas for a New Era (Progressive Ideas Network 2009). His previous books include The United States Since 1980 (Cambridge University Press 2007); The Conservative Nanny State: How the Wealthy Use the Government to Stay Rich and Get Richer (Center for Economic and Policy Research 2006), and Social Security: The Phony Crisis (with Mark Weisbrot, University of Chicago Press 1999). His book Getting Prices Right: The Debate Over the Consumer Price Index (editor, M.E. Sharpe 1997) was a winner of a Choice Book Award as one of the outstanding academic books of the year. Among his numerous articles are “The Benefits of a Financial Transactions Tax,” Tax Notes Vol. 121, No. 4 (2008); “Are Protective Labor Market Institutions at the Root of Unemployment? A Critical Review of the Evidence,” (with David R. Howell, Andrew Glyn, and John Schmitt), Capitalism and Society Vol. 2, No. 1 (2007); “Asset Returns and Economic Growth,” (with Brad DeLong and Paul Krugman), Brookings Papers on Economic Activity (2005); “Financing Drug Research: What Are the Issues,” Center for Economic and Policy Research (2004); “Medicare Choice Plus: The Solution to the Long-Term Deficit Problem,” Center for Economic and Policy Research (2004); The Benefits of Full Employment (also with Jared Bernstein), Economic Policy Institute (2004); “Professional Protectionists: The Gains From Free Trade in Highly Paid Professional Services,” Center for Economic and Policy Research (2003); and “The Run-Up in Home Prices: Is It Real or Is It Another Bubble,” Center for Economic and Policy Research (2002). Dean previously worked as a senior economist at the Economic Policy Institute and an assistant professor at Bucknell University. He has also worked as a consultant for the World Bank, the Joint Economic Committee of the U.S. Congress, and the OECD's Trade Union Advisory Council. He was the author of the weekly online commentary on economic reporting, the Economic Reporting Review (ERR), from 1996–2006.    Maura Quint  is a humor writer and activist whose work has been featured in publications such as McSweeneys and The New Yorker. She was named one of Rolling Stone's top 25 funniest twitter accounts of 2016. When not writing comedy, Maura has worked extensively with non-profits in diverse sectors including political action campaigns, international arts collectives and health and human services organizations. She has never been officially paid to protest but did once find fifteen cents on the ground at an immigrants' rights rally and wanted to make sure that had been disclosed. She was the co founder and executive director of TaxMarch.org  Check out all things Jon Carroll Follow and Support Pete Coe Pete on YouTube Pete on Twitter Pete On Instagram Pete Personal FB page Stand Up with Pete FB page

The year is 1837. Imagine that you live in Calcutta and a man with a thick Boston accent offers you some ice cream. There is no such device as a refrigerator, much less a freezer, and yet here is a man offering you a cold (and delicious) treat. How did it get there? In this lecture from the 2019 Acton Lecture Series, Dave Hebert explains how ice harvesters in 19th century Boston were able to create their own system of property rights that allowed each person living around a local pond to thicken ice as needed. The result? These entrepreneurs shipped blocks of ice to destinations as far flung as India, opening up a new market to places where ice (and all its benefits) did not exist.David Hebert graduated with a bachelor's degree in economics from Hillsdale College in 2009, and then attended George Mason University, where he earned a master's in 2011 and a doctorate in 2014. During graduate school, he was an F.A. Hayek fellow with the Mercatus Center and a fellow with the Department of Health Administration and Policy. He also worked with the Joint Economic Committee in the U.S. Congress. Since graduating, he has worked as an assistant professor at Ferris State University in Big Rapids, Michigan, and Troy University in Troy, Alabama. He was also a fellow with the U.S. Senate Budget Committee, where he authored a comprehensive report on federal budget process reform.Subscribe to our podcastsRegister Now for Business Matters 2023Apply Now for Acton University 2023 (Early Bird Pricing) Hosted on Acast. See acast.com/privacy for more information.

Part I. The Answer to The Debt Ceiling Standoff  Guest: James K. Galbraith is Professor of Government and Chair in Government/Business Relations at the University of Texas at Austin. He is a former staff economist for the House Banking Committee and a former executive director of the Joint Economic Committee of Congress.  He is the author of Inequality: What Everyone Needs to Know (2016) and Welcome to the Poisoned Chalice: The Destruction of Greece and the Future of Europe (2016).   Part II. The Making of American Capitalism Guest: Edward E. Baptist is a professor of history at Cornell University. Author of the award-winning Creating an Old South and The Half Has Never Been Told: Slavery and the Making of American Capitalism.   Feature photo by Adam Nir on Unsplash   The post The Answer to the Debt-Ceiling Standoff & Slavery and the Making of American Capitalism appeared first on KPFA.

Stand Up is a daily podcast. I book,host,edit, post and promote new episodes with brilliant guests every day. Please subscribe now for as little as 5$ and gain access to a community of over 740 awesome, curious, kind, funny, brilliant, generous souls. Bill Boyle is a well sourced and connected businessman who lives in Washington DC with his wife and son. Bill is a trusted friend and source for me who I met after he listened and became a regular and highly respected caller of my siriusxm radio show. Bill is a voracious reader and listeners love to hear his take. I think his analysis is as sharp as anyone you will hear on radio or TV and he has well placed friends across the federal government who are always talking to him. As far as I can tell he is not in the CIA. Follow him on twitter and park at his garages.  48 minutes   Dean Baker Senior Economist Expertise: Housing, consumer prices, intellectual property, Social Security, Medicare, trade, employment Dean Baker co-founded CEPR in 1999. His areas of research include housing and macroeconomics, intellectual property, Social Security, Medicare and European labor markets. He is the author of several books, including Rigged: How Globalization and the Rules of the Modern Economy Were Structured to Make the Rich Richer. His blog, “Beat the Press,” provides commentary on economic reporting. He received his B.A. from Swarthmore College and his Ph.D. in Economics from the University of Michigan. His analyses have appeared in many major publications, including the Atlantic Monthly, the Washington Post, the London Financial Times, and the New York Daily News. Dean has written several books including Getting Back to Full Employment: A Better Bargain for Working People (with Jared Bernstein, Center for Economic and Policy Research 2013), The End of Loser Liberalism: Making Markets Progressive (Center for Economic and Policy Research 2011), Taking Economics Seriously (MIT Press 2010) which thinks through what we might gain if we took the ideological blinders off of basic economic principles; and False Profits: Recovering from the Bubble Economy (PoliPoint Press 2010) about what caused — and how to fix — the current economic crisis. In 2009, he wrote Plunder and Blunder: The Rise and Fall of the Bubble Economy (PoliPoint Press), which chronicled the growth and collapse of the stock and housing bubbles and explained how policy blunders and greed led to the catastrophic — but completely predictable — market meltdowns. He also wrote a chapter (“From Financial Crisis to Opportunity”) in Thinking Big: Progressive Ideas for a New Era (Progressive Ideas Network 2009). His previous books include The United States Since 1980 (Cambridge University Press 2007); The Conservative Nanny State: How the Wealthy Use the Government to Stay Rich and Get Richer (Center for Economic and Policy Research 2006), and Social Security: The Phony Crisis (with Mark Weisbrot, University of Chicago Press 1999). His book Getting Prices Right: The Debate Over the Consumer Price Index (editor, M.E. Sharpe 1997) was a winner of a Choice Book Award as one of the outstanding academic books of the year. Among his numerous articles are “The Benefits of a Financial Transactions Tax,” Tax Notes Vol. 121, No. 4 (2008); “Are Protective Labor Market Institutions at the Root of Unemployment? A Critical Review of the Evidence,” (with David R. Howell, Andrew Glyn, and John Schmitt), Capitalism and Society Vol. 2, No. 1 (2007); “Asset Returns and Economic Growth,” (with Brad DeLong and Paul Krugman), Brookings Papers on Economic Activity (2005); “Financing Drug Research: What Are the Issues,” Center for Economic and Policy Research (2004); “Medicare Choice Plus: The Solution to the Long-Term Deficit Problem,” Center for Economic and Policy Research (2004); The Benefits of Full Employment (also with Jared Bernstein), Economic Policy Institute (2004); “Professional Protectionists: The Gains From Free Trade in Highly Paid Professional Services,” Center for Economic and Policy Research (2003); and “The Run-Up in Home Prices: Is It Real or Is It Another Bubble,” Center for Economic and Policy Research (2002). Dean previously worked as a senior economist at the Economic Policy Institute and an assistant professor at Bucknell University. He has also worked as a consultant for the World Bank, the Joint Economic Committee of the U.S. Congress, and the OECD's Trade Union Advisory Council. He was the author of the weekly online commentary on economic reporting, the Economic Reporting Review (ERR), from 1996–2006. Check out all things Jon Carroll Follow and Support Pete Coe Pete on YouTube Pete on Twitter Pete On Instagram Pete Personal FB page Stand Up with Pete FB page  

On November 7, 2022, the jackpot for the Powerball lottery reached an astonishing $2.05 billion. Even after the federal and state governments take their piece of that, the winner will still be the recipient of a life-changing amount of money, more than enough to last an entire lifetime. But if the winner of that $2.05 billion Powerball jackpot was the United States federal government, they'd burn through that enormous sum of money in just over a week. How did the federal budget get this large? What does that budget say about our political system and the desires and priorities of the public and politicians? In this episode, Eric Kohn sits down with Dr. David Hebert, chair of the economics department and associate professor of economics at Aquinas College in Grand Rapids, to discuss his recent article for the American Institute for Economic Research using the Powerball to explain the size and scope of the federal budget. David Hebert graduated with a bachelor's degree in economics from Hillsdale College in 2009, and then attended George Mason University, where he earned a master's in 2011 and a doctorate in 2014. During graduate school, he was an F.A. Hayek fellow with the Mercatus Center and a fellow with the Department of Health Administration and Policy. He also worked with the Joint Economic Committee in the U.S. Congress. Since graduating, he has worked as an assistant professor at Ferris State University in Big Rapids, Michigan, and Troy University in Troy, Alabama. He was also a fellow with the U.S. Senate Budget Committee, where he authored a comprehensive report on federal budget process reform. Subscribe to our podcastsRegister Now for Business Matters 2023Apply Now for Acton University 2023 (Early Bird Pricing)Taxes, Spending, and Powerball Winnings by David Hebert | AEIR Hosted on Acast. See acast.com/privacy for more information.

Bob is back! Robert Stein, Deputy Chief Economist at First Trust Advisors, joins us again for our final episode of the year. With the midterms in the rear view and 2023 just around the corner, many people are wondering: What is the 2023 economy going to look like? What can we expect for the 2024 presidential election? Why are gas prices coming down? What can we expect with inflation and the housing market over the next two years? In this episode of Off the Wall, hosts David Armstrong and Jessica Gibbs get Bob's take on the 2022 midterm results and his predictions for a looming 2023 recession and the 2024 presidential election. Bob shares his perspective on who will and will not run for president in 2024, how inflation and home prices will change in 2023, and what changes we can expect in government over the next two years. “I think there's going to be a lot of paralysis on Capitol Hill and spending time on investigations. I'm not pro or con, it's just how they're going to spend their time, looking into various things. There's not going to be a lot of legislation on new territory, whether it's green energy, whether it's tech, whether it's taxes, those bills will not get to the President's desk.”  – Bob Stein Episode Timeline/Key Highlights: [01:15] Introducing Bob Stein & The topics of today's episode. [03:08] Addressing the 2022 Midterms Results: Why did the Republican party lose a seat in the Senate and barely capture the House? [08:49] Were the 2022 Midterm elections a rebuke of President Trump? [09:35] The Democrats' strategy during the primaries to throw money and advertising behind Trump-endorsed candidates [10:36] Bob's thoughts on the Republican presidential run: What chance does Trump have to get nominated? What chance does Ron DeSantis have to get nominated? Are any candidates being overlooked? [14:27] Will Biden run for president again? Will Kamala Harris run again? [15:56] Why is Gavin Newsom so popular? [18:53] Would Biden run with Newsom? [19:54] Taxes, infrastructure, tech, green energy, fuel prices, inflation - Bob's predictions for the future. [22:39] Why are gas prices coming down? [25:25] Changes in the government, inflation, and housing we can expect in the next two years. [37:33] Are mortgage interest rates going to increase in 2023? Please see important podcast disclosure information at https://monumentwealthmanagement.com/disclosures.     Resources Mentioned: Listen to Bob's episode from June 2022: https://bit.ly/3fU48CH   About Robert Stein, CFA: Bob is Deputy Chief Economist at First Trust Advisors. He is responsible for managing forecasting and analyzing economic indicators as well as writing economic commentaries. Prior to joining First Trust, Bob was Assistant Secretary for Economic Policy at the U.S. Treasury Department. While there, Bob was responsible for briefing the Secretary of the Treasury on U.S. macroeconomic developments and formulating policy proposals. Day to day, he was responsible for leading a team of twenty economists conducting in-depth economic analysis and research. Between 1996 and 2002, Bob was chief economist for the Senate Budget Committee on Capitol Hill and an economist for the Senate Banking Committee and Joint Economic Committee. Prior to his tenure on Capitol Hill and the Treasury Department, Bob was a journalist for Investor's Business Daily where he covered the economy and authored many front-page stories. Bob received a BA in both Economics and Government from Georgetown University. He is also a CFA Charterholder.   Connect with Bob: Connect with him on LinkedIn: https://www.linkedin.com/in/robert-stein-4234ba18 Follow him on Twitter: https://twitter.com/BobStein_FT   Connect with Monument Wealth Management: Visit our website: https://bit.ly/monumentwealthwebsite Follow us on Instagram: https://bit.ly/MonumentWealthIG Follow us on Twitter: https://bit.ly/MonumentWealthTW Connect with us on LinkedIn: https://bit.ly/MonumentWealthLI Connect with us on Facebook: https://bit.ly/MonumentWealthFB   About “Off the Wall”: Off the Wall is a podcast aimed at helping you answer the questions: What is the point of my wealth, and what actions can I take to accomplish that purpose? Your answers to those questions will be different from everyone else's. As Wealth Managers, we're skilled at helping our clients think through these challenging, but important, questions.  Learn more about our hosts, Dave and Jessica on our website at https://monumentwealthmanagement.com.  

The oil giant Chevron recently launched a news website geared toward the population of the Permian Basin in Texas, complete with local stories about puppies laid side by side with stories about the company. We talk to Molly Taft, who writes for Gizmodo, about what this site says about journalism in the digital age. Plus, there’s a new report out today from the Joint Economic Committee in Congress that delves into which people are most susceptible to being “unbanked” and “underbanked,” and what kinds of problems that causes. And, Cineworld, the owner of the Regal chain of movie theaters in the U.S., has filed for bankruptcy protection.

The oil giant Chevron recently launched a “news” website geared toward the population of the Permian Basin in Texas, complete with local stories about puppies laid on top of company advertisements. We talk to Molly Taft, who writes for Gizmodo, about what this site says about journalism in the digital age. There’s a new report out today from the Joint Economic Committee in Congress that delves into who suffers the most from being “unbanked” and “underbanked”. And Cineworld, the owner of the Regal chain of movie theaters in the U.S., has filed for bankruptcy protection.

https://pjmedia.com/culture/athena-thorne/2022/06/05/yes-real-men-still-exist-watch-them-stand-up-for-children-being-dragged-into-dallas-grooming-event-n1603310 https://twitter.com/i/status/1533119833377734657 -Play 0:40-1:09 Strong masculine men still do exist, and more on this episode of the CrossPolitic Daily News Brief… here’s what you missed over the weekend! The audio you just heard was from Youtuber and political commentator John Doyle, as he confronted parents (child abusers), who were taking their children to an event called “Drag the kids to Pride.” Whenever I see a child who has clearly been corrupted by adults with LGBTQ agendas, I get angry at the kid’s father. Did he abandon his children to the full-time attentions of a deranged mother? Is he present but too whipped to be a strong father? What man would allow such a thing to be done to his son or daughter? Yes, the mother enrages me as well, but a society in which real men exist would never allow the over-the-top grooming and wholesale destruction of childhood innocence that goes on these days. A recent example of real men in action occurred at a disgusting grooming party in a gay bar called Mr. Misster (get it??) in Dallas, Texas. The bar held an event called “DRAG THE KIDS TO PRIDE – A Family Friendly Drag Show” on Saturday. While most of us understand that a drag show fundamentally cannot be a family-friendly event, Mr. Misster thinks it’s just fine: Mr. Misster’s Drag The Kids To Pride Drag Show provides the ultimate family friendly pride experience. This signature event is a family friendly spin off of our famed Champagne Drag Brunch, with our resident DJ Charlie Phresh playing some of your favorite hits while host Nicole O’Hara Munro brings together some of the best drag entertainers around! Our under 21 guests can enjoy a special Mr. Misster Mocktails while the moms and dads can sip on one of our classic Mr. Misster Mimosa Towers. Do you want to hit the stage with the queens? We have FIVE limited spots for young performers to take the stage solo, or with a queen of their choosing! Come hangout with the Queens and enjoy this unique pride experience, fit for guests of all ages! The show was just as horrible and inappropriate for children as you would imagine. Men cross-dressed in sexually charged costumes and danced inappropriately for children, whose parents encouraged them to hand the performers money — just like at an adult strip bar! Then the children were made part of the act. First, they were brought on stage to play a game of musical chairs while a dragged-out emcee called the shots and the audience whooped and cheered: Once the children were comfortable being the center of attention, it was time for the next step in the groomy progression. Kids were invited on stage to catwalk with the performers. “Who wants to be a diva for the day?” asked a drag queen, as several kids joined him. All of this occurred in front of a large neon sign that read, “IT’S NOT GONNA LICK ITSELF.” Watch Texas-based YouTuber and political commenter John Doyle, flanked by a diverse group of manly men, as he confronts the deranged adults dragging their kids into (emotional disorders) pride… now I’ll also warn you, there is some language from a woman wearing a “love is love” shirt coming… https://twitter.com/i/status/1533119833377734657 - Play whole video I find it ironic when that screaming banshee says “you’re scaring the children!” Then proceeds to carpet bomb the heroic men with F-Bombs… Club Membership Plug: Stuff like this, is why we need to stop and take a moment to talk about Fight Laugh Feast Club membership. By joining the Fight Laugh Feast Army, not only will you be aiding in our fight to take down secular & legacy media; but you’ll also get access to content placed in our Club Portal, such as past shows, all of our conference talks, and EXCLUSIVE content for club members that you won’t be able to find anywhere else. Lastly, you’ll also get discounts for our conferences… so if you’ve got $10 bucks a month to kick over our way, you can sign up now at flfnetwork.com/product/fightlaughfestclub Moving on… https://www.nfpa.org/News-and-Research/Publications-and-media/NFPA-Journal/2022/Summer-2022/News-and-Analysis/Dispatches/Food-Processing-Fires Experts say there’s no credence to recent internet rumors that a number of fires at food processing plants across the country are suspicious or in some way linked. “It’s not unexpected to see fires in these kinds of structures,” said Birgitte Messerschmidt, director of the NFPA Research division. “Fires are not a rare occurrence. We had 490,000 structure fires in 2020 in the United States. We see a lot of fires every year.” Last month, rumors began to circulate on social media that a string of fires and other destructive incidents, including a plane crash, at food processing plants throughout the United States appeared suspicious—despite no law enforcement officials saying that was the case. Conspiracy theorists implied the blazes were connected in some way and even that the federal government could have something to do with them. The rumors came to a head on April 22, when Fox News host Tucker Carlson stoked the conspiracy theorists’ flames, asking his viewers, “What’s going on here?” https://twitter.com/i/status/1517341372851703808 -Play Video According to NFPA.org, The truth, however, is that nothing is unusual about any of the fires that have occurred in food processing plants over the first few months of the year. Although no data is kept on fires that occur strictly at food processing facilities, the National Fire Incident Reporting System tracks fires within broader categories like manufacturing, refrigerated storage, and agricultural facilities. In 2019, the number of fires at all manufacturing or processing plants in the country topped 5,300—nearly 15 a day. Additionally, more than 2,000 fires occurred in agricultural, grain and livestock, and refrigerated storage facilities, which could all include food processing operations. Okay so maybe it is a conspiracy theory, but I’m just saying, conspiracy theorists have been proved right a lot lately. Democratic congressman proposes 1,000% tax on certain firearms https://www.foxbusiness.com/politics/democratic-congressman-proposes-tax-firearms A U.S. House Democrat is proposing a federal 1,000% excise tax on assault weapons, and wants to pass it through reconciliation. Rep. Donald Beyer, D-Va., is introducing the bill which would tax all AR-15-style weapons at 1,000%, according to Business Insider. Beyer, a member of the House Ways and Means Committee and chairman of the Joint Economic Committee, told Business Insider that the measure is "sensible gun control." "What it's intended to do is provide another creative pathway to actually make some sensible gun control happen," Beyer said. "We think that a 1,000% fee on assault weapons is just the kind of restrictive measure that creates enough fiscal impact to qualify for reconciliation." A 1,000% tax on AR-15 style guns could add as much as $5,000 to $20,000 to the sale price, as the price for them is typically from $500 to over $2,000. The report states that several details of the bill aren't finalized yet, according to the report. Under the legislation which Beyer will propose, bullets would not be included in the 1,000% tax, but high-capacity magazines that have the ability to carry more than 10 rounds of ammunition would be included. He told Business Insider that he's open to discussing the high-percentage tax. "There's nothing magical about that thousand percent number. It's severe enough to actually inhibit and restrict sales. But also successful enough that it's not seen as an absolute ban." That bill just screams freedom doesn’t it? But hey, if you live in a state where your freedoms have been taken, it may be time for a change of scenery. What about the Palouse? Well I’d point you to Story Real Estate. Story Real Estate: Home. It’s where you build your legacy. Where traditions are started, seeds are planted, meals are shared, and stories are told. Home is where you prepare to go out into the world. Finding the home that’s perfect for your family is a big job. Story Real Estate is Moscow’s top real estate team. They give people real estate advice all over the country. Family homes, investments, land, new construction, or commercial— they know real estate. If you’ve thought about a move to Moscow or anywhere in the country, reach out to get connected with a Story Real Estate agent. Wherever you’re going, they can help guide you Home. Visit storyrealestate.com. https://thepostmillennial.com/gas-costs-more-than-double-since-biden-took-office?utm_campaign=64487 In other news, A Chevron station in the coastal village of Mendocino about 175 miles north of San Francisco was charging $9.60 a gallon for regular on Friday afternoon. US gas averaged $2.39 per gallon the day of President Biden's inauguration. It's since risen dramatically to $4.82 per gallon. Amid rising prices, the White House's official position has been to blame Russian President Vladimir Putin. Following Russia's invasion in Ukraine, the global economy largely sanctioned Russian oil. Meanwhile, President Biden claims he is largely helpless to stem the skyrocketing gasoline prices, as well as those of food items. "There’s a lot going on right now, but the idea we’re gonna be able to, you know, click a switch, bring down the cost of gasoline is not likely in the near term, nor is it with regard to food," he said during a recent speech. Biden's critics say the president's policies are largely responsible for runaway national inflation. For example, Biden famously stopped construction of the Keystone XL pipeline, a project that could have solved America's energy crisis. Now it’s time for the topic I love… sports! Some good news out of Tampa Bay… Several Rays players break from organization's Pride Night logos, citing religious reasons https://www.foxnews.com/sports/rays-players-break-pride-night-logos-religious The Rays have been celebrating Pride Night 16 years, but that hasn’t stopped Some Tampa Bay Rays players from reportedly breaking from the organization’s support of the LGBTQ+ community Saturday during the team’s Pride Night against the Chicago White Sox. Most Rays players were wearing rainbow logos on their caps and sleeves. But the Tampa Bay Times noted that pitchers Jason Adam, Jalen Beeks, Brooks Raley, Jeffrey Springs and Ryan Thompson were among those who didn’t wear the logos of support. Adam made a statement on behalf of the players who opted out and cited religious beliefs. "A lot of it comes down to faith, to like a faith-based decision. So it’s a hard decision. Because, ultimately, we all said what we want is them to know that all are welcome and loved here," he said, via the Tampa Bay Times. "But when we put it on our bodies, I think a lot of guys decided that it’s just a lifestyle that maybe — not that they look down on anybody or think differently — it’s just that maybe we don’t want to encourage it if we believe in Jesus, who’s encouraged us to live a lifestyle that would abstain from that behavior. Just like (Jesus) encourages me as a heterosexual male to abstain from sex outside of the confines of marriage. It’s no different. "It’s not judgmental. It’s not looking down. It’s just what we believe the lifestyle he’s encouraged us to live, for our good, not to withhold. But, again, we love these men and women, we care about them and we want them to feel safe and welcome here." According to the newspaper, the Rays wanted full participation from all players but gave the option to "opt in." Wrapping up sports, last night, game 2 of the NBA Finals took place in San Francisco California… The Boston Celtics shocked many, myself included in game 1 of the finals, as they defeated the Warriors 120-108. The Celtics had a chance to do the unthinkable last night… going up 2-0 at Golden State… well, there’s a reason it’s unthinkable, because it didn’t happen. Golden State took game 2 by a score of 107-88. Throughout the first half it was close, with the Celtics’ defense really stifling the Warriors’ offense. However, in the third quarter, the Warriors blew the doors off of the C’s, winning the quarter 35-14. Steph Curry lead the way for the Warriors with 29 points, while Jordan Poole, the third splash brother added 17. On the Celtics’ side, Jayson Tatum showed up with 28 points, but had an ugly second half, while Jaylen Brown added 17 points. Game 3 takes place in Boston, at 9PM ET. Before we go, how about a little history… I noticed Google had a little gif in honor of Angelo Moriondo of Turin Italy. Apparently he’s the inventor of the Espresso Machine, and it’s his 171st birthday! Moriondo presented his invention at the General Expo of Turin in 1884, where it was awarded the bronze medal. The patent was awarded for a period of six years on 16 May 1884 under the title of "New steam machinery for the economic and instantaneous confection of coffee beverage, method ‘A. Moriondo’." The machine was built by a mechanic named Martina, working under the direct supervision of the inventor. It was successively updated with a patent on 20 November 1884, Vol 34, No, 381.The invention was then confirmed by international patent application after being registered in Paris on 23 October 1885. In the following years, Moriondo continued to improve his invention drastically, each improvement being patented Moriondo never took the invention to industrial-scale production. He limited himself to the construction of a few hand-built machines, which he jealously conserved in his establishments, convinced that this was a significant advertisement for them. Ian Bersten, a historian chronicling the history of coffee, describes the device as "the first Italian bar machine that controlled the supply of steam and water separately through the coffee" and Moriondo as "one of the earliest discoverers of the espresso machine".[8] Unlike true espresso machines, it was a bulk brewer, and did not brew coffee for the individual customer. This has been your CrossPolitic Daily News Brief, and what you missed over the weekend. If you enjoyed the show, share it, as sharing it is like currency for us! And as always, if you’d like to partner with CrossPolitic, you can email me at garrison@fightlaughfeast.com. For CrossPolitic News, I’m Garrison Hardie. Have a great day, and Lord bless.