Rushing for the Financial Exits
Do we have a market situation primed for everyone to head for the exits? What would ignite such a problem?
Do we have a market situation primed for everyone to head for the exits? What would ignite such a problem?
Murray Rothbard noted that the culture wars are not the result of conservative intransigence but rather of progressive elites’ insistence on forcing new cultural rules on people who don’t want to be coerced.
Commercial real estate in the USA is facing a major crisis which could not have been possible without the enabling of the Fed and the draconian restrictions imposed during covid. As commercial real estate prices collapse, the usual suspects call for even more bailouts.
President Biden’s student loan forgiveness scheme is really Robin Hood in reverse, transferring wealth from people from lower-income groups to those who are relatively affluent.
As if the government has not done enough destruction in the housing market, there now is a scheme to have the government nationalize second mortgages. Given the previous disaster with primary mortgages, we do not anxiously await the outcome of this proposal.
The abolition of chattel slavery was a great advancement for human liberty. But many of those celebrating Juneteenth today still accept the core assumptions that underlie slavery.
The socialist elites that dominate our institutions insist that private property is nothing more than a social construct held together by violence. As usual, they misunderstand that scarcity itself, which is the basis for economics, is also the basis for private property.
What does the state do when in a financial fix? Unlike the rest of us, it legally counterfeits. By so doing, it transfers wealth to those who are politically connected—and then lies about it.
In its attempt to claim that the concept of free trade is full of fallacies, The American Compass builds its anti-free trade case upon...fallacies.
On this episode of Radio Rothbard, Ryan and Tho discuss the first presidential debate.
Kyle Anzalone from AntiWar.com joins Bob to discuss the timeline of Wikileaks and why the US government disliked Julian Assange.
Various indexes are used to determine the ease of doing business in countries around the world. Not surprisingly, the nations that allow for protection of private property and have economic freedom also are the most prosperous.
As the war in Ukraine drags on in its third year, Ukraine is bleeding and the future is even more gloomy. Unfortunately, even though it is time to end this conflict, the Biden administration continues to demand this war be fought to the last living Ukrainian.
The decolonization movement seeks to destroy both economics and science, all in the name of social justice. In the end, however, what they get is not justice and certainly not order, but rather chaos, and deadly chaos at that.
Alex Pertsev, a developer of Tornado Cash, has been sentenced to prison by a Dutch court for helping build a platform that guarantees financial privacy. If there is one thing the state cannot tolerate, it is someone making financial transactions without government agents watching.
Thanks to the war uniparty that controls Washington, Americans are mired in endless wars and military and political intervention. As Washington creates legions of new enemies, the future for average Americans grows uncertain.
As AI continues to develop, the prophets of doom claim that it will “take over” and create a dystopian society. Far from being an “existential threat,” AI is a tool that can be used for good or ill.
Like bad money driving out good money, government intervention can also create Gresham’s law conditions for entrepreneurs. Using the political process, bad entrepreneurs can get government to regulate entrepreneurial competition out of business.
In his 2006 book The Wages of Destruction, Columbia University historian Adam Tooze explains Hitler’s policy of seeking lebensraum (living room). However, Ludwig von Mises (whom Tooze ignores) already explained that policy in his 1944 Omnipotent Government.
Oklahoma City recently approved the construction of the Legends Tower at a record-setting height of 1,907 feet.