Could new gold discoveries cause a (small) boom-bust cycle if the gold hit the loan market before other sectors? Bill Barnett and Walter Block join Bob Murphy to discuss.
Mainstream economists claim China needs more consumption and a bigger welfare state. They think China's high savings rate is a bad thing. These economists are wrong.
Tho Bishop and Zachary Yost join Ryan McMaken to discuss covid politics in three states, and whether anyone is paying any attention to social distancing rules anymore.
There's a lot of excessive optimism about the economy during the next four years in America. However, the US still comes out on top when compared to Europe and China.
Just as central planners cannot know how individuals will value a product or service, so too are central planners unable to calculate or plan for the endless array of risk assessments made by potential victims of covid-19.
If California voters and politicians do not understand the current crisis, we will see the continuous march to perdition as California politicians refuse to acknowledge that they are killing the geese laying the golden eggs.
The silent majority is the one that benefits from recent agricultural reforms, but mounting pressure from the vocal minority has prompted the government to once again increase government meddling.
In case you doubted that California's politicians are firmly committed to ever-higher levels of taxation, California is now trying to retroactively impose sales taxes on out-of-state retailers going as far back as 2012.
Ideally, political elites would like nothing more than state-sponsored ethnic conflict. Having multiple groups pitted against each other in petty political squabbles makes effective opposition against the managerial class virtually impossible.
