The Disastrous Legacy of Woodrow Wilson
Woodrow Wilson was an especially devoted white supremacist, even by the standard of his day. The Left is finally targeting Wilson for this, but Wilson's legacy is far worse than even the Left will admit.
Woodrow Wilson was an especially devoted white supremacist, even by the standard of his day. The Left is finally targeting Wilson for this, but Wilson's legacy is far worse than even the Left will admit.
Bob wrote a lengthy review of Stephanie Kelton's new book on MMT, The Deficit Myth, for the Mises Institute. In this episode he narrates his review.
The government's plan for "contact tracing" to prevent the spread of COVID-19 relies on huge amounts of government spending, plus unproven science as to the nature of the disease.
In America, the person who declared a state of emergency (and can renew the emergency endlessly) is the same person who then uses the emergency to rule by decree. F.A. Hayek once pointed out how absurd such a system is.
The saddest aspect of this economic ignorance is that these evangelicals have completely ignored the real reductions in poverty rates in the past forty years, reductions that are due to liberalizing economies that once were in socialist straitjackets.
Michael Hardin and Bob have a lively and deep discussion on the true meaning of the gospel and how today’s Christians often misunderstand it.
It will be very interesting if the police—who did nothing to disperse protests that were obviously in violation of bans on mass gatherings—turn around and arrest business owners and other "violators" of a second round of stay-at-home orders.
The Democrats want trillions spent on infrastructure for a "Green New Deal." The GOP wants a trillion for roads and bridges. They're likely to find a way to "work together" to spend trillions either way.
After the Great War, Austrian cities and towns began issuing their own money. The Germans tried something similar, but without the voluntary and decentralized aspects of the Austrian model. German disaster ensued.
Jeff Deist tackles the first Chapter of Man, Economy, and State. So much of what economics texts get wrong is laid out brilliantly here by Rothbard, who gives readers the basics of action, means/ends, time, ranking, factors of production, and capital in this 77 page master class.
A second round of lockdowns will assault an America already suffering from widespread unemployment and a fragile economy. Even worse, round two is likely to last longer than round one, bringing an even larger economic and social toll.
It is possible to conceive of a world where fractional reserve banking is understood by both banker and depositor and involves no deception or fraud. But in that world, deposits cease to be money and become complex credit securities.
Keith Knight walks Bob through a meticulous critique of Krugman’s new book on Arguing With Zombies.
Did the hardliners win at Versailles because the Americans were too weak with the flu to object? If so, it would be just one way that disease profoundly affected public policy in the wake of the 1918 flu.
Providing the opening for Mises’s great methodological work gave Rothbard the opportunity to set down his perspective on the importance of the praxeological method.
The deadliest virus consists of the deification of human reason and the systematic use of coercion, which the state embodies.
In the midst of a stock market bubble like this one, everyone from Warren Buffet down to the shoeshine boy has some great tips for you.
Austrian economist and Mises Institute Fellow Mateusz Machaj discusses two of his books, and offers deep insights that will inform even advanced students of both economic theory and the Star Wars universe.
The good news is that Stephanie Kelton has written a book on MMT that is very readable and will strike many readers as persuasive and clever. The bad news is that Stephanie Kelton has written a book on MMT that is very readable and will strike many readers as persuasive and clever.
Whether or not race is a factor, the monopoly power enjoyed by police agencies (and other government agencies) creates the conditions likely to lead to more abuse of power.