AI, Automation, and the Human Advantage
Bob breaks down the fears about AI-driven unemployment and shows why economic reasoning still favors human prosperity in a high-tech world.
Bob breaks down the fears about AI-driven unemployment and shows why economic reasoning still favors human prosperity in a high-tech world.
Gold and silver make sense—until government “helps.”
Ryan and political scientist Joseph Solis-Mullen talk about how taxes, war, and the state are all part of a centuries-old formula for impoverishing the productive class while enriching the government class.
The yearning for a state-controlled system is not born of compassion for others but rather of infantile selfishness.
On this episode of Power and Market, Ryan, Connor, and Tho look at this week's headlines, including the prospects for the Gaza peace deal, blue state propaganda, the Jay Jones text message scandal, and an inevitable new subsidy for Obamacare.
“Science” is now indistinguishable from politics. As the “acid rain” hysteria showed back in the 1970s and 1980s, “follow the science” is just a political slogan, unrelated to actual science.
Bari Weiss’s appointment to head CBS News has brought cries of anguish from the usual suspects on the left and approval from some on the right. But will she really bring the kind of change that will challenge the political establishment? Probably not.
Once upon a time, American firms built with the long term in view, and the government did not try to hinder them. Today, thanks to reckless federal government spending, we are living hand-to-mouth, accumulating massive debts, and soon enough will be broke.
“The Civil War was really the watershed,” he wrote Meyer. “Lincoln was America’s first dictator, and almost all the Republican Acts were monstrous.”
The recent assassination of Charlie Kirk has focused attention on political violence. Ludwig von Mises, not surprisingly, understood that tying morality to politicized state helps create the climate where political violence is prevalent.
During the Middle Ages, taxation was considered to be appropriate only as an extreme measure in times of emergency, and as a last resort. Kings were expected to subsist on revenues from their own private property.
Jonathan Newman joins Bob to unpack Eliezer Yudkowsky’s viral bubble theory and contrasts it with the Austrian view of boom-bust cycles.
Leftists seek to create a new society that supposedly is peaceable. However, they also celebrate violence done against political opponents, something that Murray Rothbard understood as undermining every supposed peaceful goal they claim to be pursuing.
The compliance-driven health regime sidelines decentralized knowledge and choice.
A long-enduring myth about money is that we need a flexible or "elastic" currency for the economy to grow. Economist Jonathan Newman joins us to talk about why this has never been true.
According to mainstream economists, inflation aids economic growth while deflation impairs growth. Austrian economists, however, point out that in much of US history, economic growth was accompanied by deflation.
Advocates for US military intervention have invoked the war against the Barbary pirates as justification. Yet, an examination of that conflict shows that President Jefferson’s actions were limited and followed the direction of Congress.
Troops in blue cities, Comey’s indictment, and shutdown theater.
Was Jackson’s victory over the Second Bank of the United States a triumph for liberty, or did it merely expand federal authority under the guise of constraining it? His legacy is complicated, but there is much we can learn from it.
The Renaissance period is seen as mostly positive by historians, but the sinister development of absolutism and the imperial state complicates the legacy of that time.