Among conservatives, Ronald Reagan is held in deific esteem. Find any Republican debate Bingo or drinking game, and his name is certain to be one of the triggers to take a drink. Even among many libertarians, Reagan is still viewed as one of our greatest presidents, if not the greatest outright.
Although students of Austrian economics are familiar with Mises, Hayek, and the other major figures of the school, there are many economists who worked in and around the Austrian tradition—and made crucial contributions to it—whose writings are today neglected. One of the most significant of these is the American Frank A. Fetter, the “forgotten giant” of the Austrian school.
The socialist policies of the Venezuela government continue to impose a living hell on its people. Hyperinflation has turned its currency to literal garbage.
Jeff Deist joined Peter Lavelle on CrossTalk to discuss Brett Kavanaugh’s Supreme Court nomination and the state of modern political discourse.
Recently Mark Spitznagel, Founder and Chief Investment Officer of Universa Investments, joined Bloomberg to discuss the lessons learned from the 2008 financial crisis.
“What [the 2008 financial crisis] taught us ultimately is that interventionism - monetary interventionism - is a Faustian bargain. It gives us short term gains, and longer term pains.”
This morning on The Wasatch Report on the Cerberus Radio Network, Suzanne Sherman and I discussed how the US Supreme Court has become far more powerful than was ever intended. We also looked at the problem with the common American idea that the Supreme Court exists to limit federal power, or that its judges are impartial and non-political, seeking only a reasoned, legal interpretation of the laws.
[Prepared for delivery in Hamburg, Germany, upon receiving the Roland Baader Prize.]
Listen to Ryan McMaken’s commentary on the Radio Rothbard podcast.
There are labor shortages all over the country. There are not enough truck drivers, plumbers, food waitresses, construction workers, and so on. The official unemployment rate is below 4 percent. It was just reported private sector wages popped 2.9 percent.
However, Bernie Sanders and other “progressive” candidates are endorsing the idea of a federal living wage. On his website, Bernie starts with,
