Video: “How Do We Stop Rising Healthcare Costs?”
Peter Klein articulates several reasons why our current “Healthcare System” is so expensive, and explains how only the free market, with transparent pricing and competition, can halt the escalating costs.
Europe’s First Bitcoin Shop
Podcast: Judge Napolitano and Tom Woods
Judge Napolitano, the Mises Institute’s Distinguished Scholar of Law and Jurisprudence, answers listener questions on the Tom Woods show. Here’s also the YouTube version:
Reasonableness In Minimum Wage “Debate”
If President Obama has a legacy in the history books of the future, it will likely be the utter ignorance of and contempt for economics expressed in his policies. Assuming, of course, that the next president is not even worse (which is not unlikely).
The debate following the proposal to raise the minimum wage to $10.10 is just the most recent example of Obama’s view of the world. (Central planning of health care is another.)
Why the Austrians Are Wrong about Depressions
For many years, I have been critical of the Austrian theory of depressions and this led Walter Block to ask me to put my criticisms in print. Since in oral discussions, I am frequently accused of misrepresenting the theory, I asked him to give me a canonical version and he gave me the Rothbard pamphlet, “Economic Depressions: Their Cause and Cure”.