Why This Recession is Different
Jeff makes the case for viewing today's economy as quite unlike that of 2007—due to steady increases in CPI, more fiscal stimulus relative to monetary stimulus, and ongoing supply shock issues from covid.
Jeff makes the case for viewing today's economy as quite unlike that of 2007—due to steady increases in CPI, more fiscal stimulus relative to monetary stimulus, and ongoing supply shock issues from covid.
The economics discipline has devolved into statistics, models, and hard science envy. Is the profession doing any good, or active harm? Per Bylund joins Jeff and Bob to discuss.
While socialists posit socialism as a humane and ethical system, it is anything but that. Mises understood its brutality long before socialism gripped the world.
Does 2022 America still have legitimate intellectuals? Professor Paul Gottfried joins Jeff and Bob to consider the state of real and pseudo-intellectualism.
Daniel McCarthy joins Jeff and Bob to consider the deep unseriousness of American politics and electorate.
It is generally accepted that a government can enslave the citizens—unless it is a democratic government. Mistake!
Daniel McCarthy joins Jeff to consider the state of modern conservatism, modern libertarianism, and whether they can or cannot find common ground.
The people of the USSR rightly considered Gorbachev to be just another Communist Party hack. His "reforms" were only expedient measures designed to preserve communism.
"As long as pseudophilosophies retain their undeserved prestige, the average intellectual will go on blaming capitalism for all the disastrous effects of anticapitalist schemes and devices."
"All of Keynesian thinking is a tissue of distortions, fallacies, and drastically unrealistic assumptions."