The Trap of Class Consciousness
Marx held that class conflict was the overriding issue of his day, and Marxists still hold to that viewpoint. Their assumptions about class, however, do not square with modern reality.
Marx held that class conflict was the overriding issue of his day, and Marxists still hold to that viewpoint. Their assumptions about class, however, do not square with modern reality.
The Fed wants to keep interest rates low so the government can borrow on the cheap. But bond markets are driving up interest rates as inflation isn't going away.
Ryan, Connor, and Tho discuss a recent article from Daniel McCarthy that both criticizes the irrelevance of libertarianism and laments its influence on modern America.
Trump showed how effective it can be to simply declare success and let supporters believe it. Other politicians are taking notes, even as the problems they all pretend to have addressed continue to grow.
Trump showed how effective it can be to simply declare success and let supporters believe it. Other politicians are taking notes, even as the problems they all pretend to have addressed continue to grow.
Dr. Joseph Salerno unpacks Hayek's 1949 essay "The Intellectuals and Socialism," which explains why the intellectual class is systematically biased toward socialism, and why classical liberals must recover their nerve to counter it.
Economist Jeffery Degner joins Ryan McMaken to discuss why government plans to increase the birth rate have never actually worked. But offering to give voters free money for having children is often good politics.
On this episode of Power and Market, Ryan, Connor, and Tho discuss what appears to be a coordinated call to regulate AI. Is this a benevolent plea to save humanity, or a thinly veiled attempt to establish a cartel?
Ignorance is treated as a reason to trust the state rather than a reason to withhold judgment about its exercise of coercion. To assume that the state’s unknown information is correct and justifying is therefore to err on the side of violence.
When planes slammed into the World Trade Center Towers, the Pentagon, and in a Pennsylvania field on September 11, 2001, our world was changed for the worse. The lessons to be learned were never heeded, which led to permanent US decline.