The Gist
The Wages of Lawlessness and the Laws of Wages
Jan 6, 2025
Allison Schrager, a Bloomberg columnist and scholar at the Manhattan Institute, dives into the legal complexities following the January 6th riots, challenging the narrative of innocence among key participants. She critiques how we measure economic progress and the inadequacies of traditional indicators. The conversation shifts to comparing U.S. economic policies under Presidents Obama and Trump, touching on tariffs and their diplomatic implications. Schrager also highlights the current economic challenges, including inflation and housing market issues, providing a thought-provoking analysis.
42:12
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Quick takeaways
- The podcast critiques the legal defenses of January 6th rioters, emphasizing the need for accountability in upholding law and order.
- It advocates for a reevaluation of traditional economic indicators like GDP, highlighting the misalignment with people's lived experiences and inflation's impact on real wages.
Deep dives
Mint Mobile Price Cut Announcement
Ryan Reynolds announces a significant price reduction for Mint Mobile's Unlimited plan, dropping the monthly fee from $30 to $15. This decision follows a discussion with the company's legal team regarding the legality of raising prices amidst inflation, during which they confirmed that existing contracts allow for such increases. The offer applies to new customers on a three-month plan, emphasizing affordability and accessibility in the wireless industry. The pricing change illustrates Mint Mobile's commitment to providing budget-friendly options in a competitive market.
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