In this week’s episode, host Daniel Raimi discusses carbon removal with Jennifer Wilcox, a professor at the University of Pennsylvania who recently coauthored a paper titled, “Elevating Carbon Management: A Policy Decision-Making Framework and Rubric for the 21st Century.” Wilcox discusses the existing gaps in current policies related to carbon removal and important considerations when amending and creating new policies. She also addresses the recent change to the 45Q subsidy (originally included in the Inflation Reduction Act of 2022 and revised by Congress in the budget reconciliation bill signed on July 4, 2025), assessing how the updated tax break offers incentives for carbon removal.

“Elevating Carbon Management: A Policy Decision-Making Framework and Rubric for the 21st Century” by Jennifer Wilcox, Noah Deich, and Holly Jean Buck; https://kleinmanenergy.upenn.edu/research/publications/elevating-carbon-management-a-policy-decision-making-framework-and-rubric-for-the-21st-century/

National Park Service Rehabilitation Tax Credits; https://www.nps.gov/subjects/taxincentives/index.htm

Achieving Societal Goals Through Carbon Removal, with Jennifer Wilcox

Hayek for the 21st Century: Essays in Political Economy brings together Friedrich Hayek’s most powerful essays on the knowledge problem, competition, socialism, and honest money—showing why his ideas are more relevant today than ever. From his devastating critiques of central planning to his insights on decentralized knowledge and market signals, Hayek dismantles the myths of state control with clarity and force. These essays offer essential tools for understanding liberty, spontaneous order, and the perils of political overreach.

Narrated by Bill Anciaux.

Chapter 7. Choice in Currency: A Way to Stop Inflation

Chapter 2. Why the Worst Get on Top

Chapter 3. The Use of Knowledge in Society

Chapter 6. The Pretense of Knowledge

Chapter 5. The Non Sequitur of the “Dependence Effect”

Chapter 4. The Meaning of Competition

Introduction to Hayek for the 21st Century: Essays in Political Economy

Chapter 1. The Intellectuals and Socialism

With the government shutdown now stretching into its second week, key data releases have been delayed and uncertainty is rising. In this week’s episode of Basis Points, Kevin Flanagan shares how investors should interpret the lack of new economic data, and why the current backdrop differs from shutdowns of the past. Listen now for perspective on rates, risks, and what could come next. 
 
Basis point: 1/100th of 1 percent. 

ISM Services PMI: The ISM Services PMI (formerly the ISM Non-Manufacturing Index) provides a detailed look at the economy from a non-manufacturing standpoint.

Purchasing Managers’ Index (PMI): An indicator of the economic health of the manufacturing sector. The PMI is based on five major indicators: new orders, inventory levels, production, supplier deliveries and the employmentenvironment. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction while 50 indicates no change.




‘Flying Blind’ in the Shutdown?

The Mises Institute, founded in 1982, is an educational institution devoted to advancing Austrian economics, freedom, and peace in the classical-liberal tradition. Our website offers many thousands of free books and thousands of hours of audio and video, along with the full run of rare journals, biographies, and bibliographies of great economists.

Resources Radio is a weekly podcast by Resources for the Future. Each week we talk to leading experts about climate change, electricity, ecosystems, and more, making the latest research accessible to everyone.

Macro commentary and expert-led discussions highlight what’s happening now in fixed income investing, so you can prepare for what’s next.

Investing involves risks including loss of principal. This material represents the opinions of the participants at a specific time and is not intended to forecast future events or guarantee future results and should not be relied upon as investment advice. Kevin Flanagan is a registered rep of Foreside Fund Services, LLC.

New tracks tagged #Economics