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Let's Hope Deflation Is Headed Our Way

InflationLabor and WagesMonetary TheoryProduction Theory

05/21/2020Audio/Video
Central banks have decided that one of their main missions is to prevent deflation. But this only ends up causing the malinvestments that lead to economic busts.
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Krugman: We Need More Unemployment—to Save Us from Unemployment

Booms and BustsLabor and WagesOther Schools of Thought

05/20/2020Audio/Video
Paul Krugman is now claiming that reopening the economy and allowing people to go to work almost surely will cause a depression.
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The School Closures Are a Big Threat to the Power of Public Schools

Education

05/20/2020Audio/Video
For many parents, the ongoing closure of public schools will just reinforce growing suspicions that public schools just aren't worth it anymore. Maybe they never were.
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Adam Smith and Benevolence

CapitalismPhilosophy and Methodology

05/20/2020Audio/Video
Buyers and sellers in the free market do indeed act from self-interest, but Adam Smith never argued that this excludes friendly feelings for those they do business with.
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John Tamny On America’s Uniquely Productive Entrepreneurial Flywheel

The EntrepreneurEntrepreneurshipPolitical Theory

05/19/2020Audio/Video
Hunter Hastings and John Tamny discuss the American entrepreneurial economy as a beautiful and productive flywheel.
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Thanks to Shutdowns, Many Will Learn That Public Schooling Isn't All That Essential After All

Education

05/19/2020Audio/Video
Panic over the COVID-19 virus has led to the closure of many schools and new forays into education outside the government school system. Many will find that they don't need the state's schools at all.
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Hacksawing the Economy: How Lockdowns Are in the Tradition of Civil War Surgeons

Big GovernmentU.S. History

05/19/2020Audio/Video
Hacking off soldiers' limbs was a favorite technique of Civil War surgeons, largely because doctors wanted to avoid blame for later cases of gangrene. So doctors erred on the "safe" side. Many patients may have disagreed.
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No, Hayek Didn't Support the Pinochet Regime

World HistoryHistory of the Austrian School of EconomicsPolitical Theory

05/18/2020Audio/Video
Hayek is guilty of pointing out what should be abundantly obvious: both democratic and authoritarian regimes can commit grave crimes against human rights.
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State Lockdowns Are Creating a Mental Health Disaster

Big GovernmentHealth

05/18/2020Audio/Video
With their bizarre and extreme lockdowns, governments are forcing very low-risk populations to endure social isolation and unemployment. The mental health effects will be significant.
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Why Media Coverage of COVID-19 Has Been So Bad

Media and Culture

05/18/2020Audio/Video
Media outlets, both left and right, are mostly narrative driven. Also, journalists have a tendency to lazily reprint whatever "experts" say. This makes media reporting thoroughly unreliable.
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