Recent Podcast Episodes

Can tort law play a positive role in how we deal with infectious diseases? Accad and Koka interview Dorit Reiss, a professor at UC Hastings College of the Law.

Many argue that unregulated markets would fail due to lack of consumer knowledge, or information asymmetry. But competition in free markets actually gives rise to all kinds of mechanisms that help consumers make informed decisions. This is as true of medical tests for any other good.

Thanks to the growth of the state over time, political stakes have become much higher, and groups fear that they will be crushed by the other side if they lose. Crisis-induced cohesion is not a silver bullet, but rather a ticking time bomb.

BBC images from India show the human toll of the coronavirus shutdown. Americans should take note, and soon.

The whole idea of government regulating so-called monopolies in order to promote competition is based on fallacies. If anything, such intervention only stifles market competition and lowers living standards.

Bob Murphy tackles some Keynesian and MMT fallacies that have resurfaced in light of the response to the coronavirus.

Central bankers think too much saving is a problem that must be solved with more money creation. But the real problem is the Keynesian-style fractional reserve banking system.

"Saving lives versus saving money" comparisons confuse ends with means. The end of saving the economy is not to have more money. The end is to have resources necessary to preserve the lives and health of countless human beings.

Government restrictions on production are driving prices up as unemployment drives them down. It's impossible to say now whether price inflation or price deflation will be the predominant factor in the crisis's next phase.

Dr. Anupam Singh discusses the surprising aspects of the pandemic in the Indian subcontinent.

As the debt bombs in Italy and Spain and France get worse, it increasingly looks like the eurozone will have to bail out a huge portion of the European economy. Either that, or break up the EU, provoking a new crisis.

During March 2020, year-over-year (YOY) growth in the money supply was at 11.37 percent. We're now seeing a trend similar to what we saw during late 2008 and early 2009.

GDP is fine for counting things like washing machines. But it is quite useless for counting other basic indicators of the quality of life.

Regardless of government actions, many consumers, workers, and producers may seek changes that reduce exposure to disease in the workplace. The best way to do this is through markets.

State and local government budgets are in danger of collapsing. This will impel politicians to find ways to end the lockdowns. Politicians may not care whether you have a job. But they care deeply about their government budgets and jobs for their friends.

So far, when it comes to disarming the population, governments haven't been quite as terrible as one might have predicted during the COVID-19 panic.