Skanda Amarnath from Employ America joins Matt to talk about inflation. They discuss how the Fed tracks markers of inflation, the difference between cyclical and asymmetric inflation, and talk about whether or not to give into Larry Summers's fears about an "overheated" economy in our recovery.

Resources:
"Inflation: The Good, The Bad, and The Transitory" by Skanda Amarnath and Alex Williams (Feb. 12, 2021)

Guest:
Skanda Amarnath (@IrvingSwisher), Director of Research & Analysis, Employ America
Host:
Matt Yglesias (@mattyglesias), Slowboring.com

Credits:
Erikk Geannikis, Editor and Producer

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All about inflation

Politics is how people achieve power. Policy is what they do with it. Every week on The Weeds, host Jonquilyn Hill and guests break down the policies that shape our lives, from abortion to financial regulations to affirmative action to housing. We dive deep and we get wonky, but we have fun along the way. New episodes drop every Wednesday.
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Something is happening in Connecticut. Back in 2021, the state legislature passed a measure that would create something called baby bonds: trust accounts for children receiving government assistance. It’s an idea that started decades ago and was championed by Darrick Hamilton, the founding director of the Institute on Race, Power and Political Economy at the New School. On this week's episode of The Weeds, host Jonquilyn Hill sits down with Hamilton to discuss how the idea came to fruition, how a race-neutral policy can close the racial wealth gap, and the way we define economic value. 

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Jonquilyn Hill, host
Sofi LaLonde, producer
Cristian Ayala, engineer
A.M. Hall, editorial director of talk podcasts

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Are baby bonds a good investment?

If you’ve never used Amazon, you almost definitely know someone who has. Amazon is pretty much everywhere. In the three decades since its founding, Amazon has grown from a small startup to a trillion-dollar company, skirting rules, taxes, and accountability along the way. Then, in 2023, the Federal Trade Commission filed a lawsuit against the company for monopolistic business practices. Reporter Dana Mattioli has covered Amazon for years, and chronicled their rise to power in her new book, The Everything War: Amazon’s Ruthless Quest to Own the World and Remake Corporate Power.


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The Everything War: Amazon's Ruthless Quest to Own the World and Remake Corporate Power 


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Credits:
Jonquilyn Hill, host
Sofi LaLonde, producer
Cristian Ayala, engineer
A.M. Hall, editorial director of talk podcasts

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Alexa, is Amazon a monopoly?

America is in the midst of a homelessness crisis. With little affordable housing and limited space at shelters, many people are instead sleeping outside. But as tent encampments become more common, particularly on the West Coast where the housing crisis is most acute, the pressure on local governments to address the problem has skyrocketed. Now, the Supreme Court has decided to weigh in. The issue at the center of it is whether cities can fine or jail unhoused people for sleeping outside. Vox senior policy reporter Rachel Cohen (X, Instagram) explains the case and the stakes. 

Read More:
Cities are asking the Supreme Court for more power to clear homeless encampments
The Supreme Court will decide what cities can do about tent encampments
Supreme Court Amicus Brief No. 23-175 
  

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Credits:
Jonquilyn Hill, host
Sofi LaLonde, producer
Cristian Ayala, engineer
A.M. Hall, editorial director of talk podcasts

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Is homelessness a crime?

Since the Dobbs decision almost two years ago, reproductive rights have been at the center of our national consciousness. Two of the latest headlines come from Florida and Arizona: a six-week abortion ban, and a total abortion ban unless the life of the pregnant person is threatened, respectively. Both states have constitutions that name-check privacy rights, but both courts found that those rights don’t extend to abortion. What does privacy look like in the United States, and do we still have it in a post-Dobbs world? 

Read more:
Do Americans still have a right to privacy? 

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Credits:
Jonquilyn Hill, host
Sofi LaLonde, producer
Patrick Boyd, engineer
A.M. Hall, editorial director of talk podcasts

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Abortion and the erosion of privacy

Earlier this year, the Alabama Supreme Court ruled frozen embryos have the same rights as children. The decision sent shockwaves throughout Alabama and raised serious questions about the future of IVF in the United States. While the Alabama legislature has since passed legislation protecting IVF in the state, that doesn’t address the big question behind the court’s decision: What does personhood mean, and what does it mean for the anti-abortion movement?  

Read More:
Fetal personhood laws, explained - Vox 
Alabama’s Supreme Court IVF ruling is a warning to the country - Vox 
Opinion | The Anti-Abortion Movement Is Gunning for Fetal Personhood - The New York Times 
How America’s Two Abortion Realities Are Clashing - The New York Times 

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Credits:
Jonquilyn Hill, host
Sofi LaLonde, producer
Cristian Ayala, engineer
A.M. Hall, editorial director of talk podcasts

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All about inflation

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