Unimagined Power: The Presidency in the History of Political Philosophy
Recorded at the Reassessing the Presidency seminar; March 2004.
Recorded at the Reassessing the Presidency seminar; March 2004.
Boom, Bust, and the Future (19:39) January 18-19, 2002
Alexandre Padilla talks about Rothbard on Agency Problems at the 2003 Austrian Scholars Conference.
Economic theory is essential for understanding history. It is difficult to interpret data without economic theory. Theory cannot come from data. All states are aggressive. All wars require economic resources. More liberal states will pursue more aggressive policies. The biggest bullies will get away with murder.
The Progressive Era covered the turn of the 19th-20th centuries until about WWI. It delivered such delights as the Federal Reserve. Accelerated statism with a philosophical veneer favored experts on boards making economic decisions efficiently. This era birthed the regulatory state.