Menger vs. MMT on the Origins of Money
Jonathan Newman joins Bob to explore the archaeological evidence for silver as money in ancient Mesopotamia, challenging Modern Monetary Theory and affirming Menger’s classic account of money’s market origins.
Jonathan Newman joins Bob to explore the archaeological evidence for silver as money in ancient Mesopotamia, challenging Modern Monetary Theory and affirming Menger’s classic account of money’s market origins.
Think silver prices are manipulated? There's more to the story. Mark Thornton explores the economic theory of "joint supply" and how it can create a "silver lining" even in a downturn.
By their nature, free markets promote harmony between people and increase overall standards of living. This view is radically different from the ones promoted by Marxists who believe that only “class interests” matter.
Organizations like the European Union and the United Nations are inventions of government elites and are designed to serve the interests of government elites. They centralize political power and do nothing to advance peace or freedom.
Totalitarian bureaucracy necessitates a constant state of crisis and there is no better creator of crises than imperial machinations.
President Trump has declared today “Liberation Day,” because many of his tariffs come into force. His team is taking a gamble that either the law of supply and demand does not apply to trade or that the American public will be uncharacteristically fine with higher prices.
Patrick Newman joins Bob to discuss Simon Kuznets’ role in developing GNP and GDP metrics and Kuznets’ concerns over how government spending is accounted for in economic statistics.
International trade is the topic du jour. Mark Thornton shares his recent presentation on a timely and important book featuring many of your favorite authors.
It's been five years since the covid lockdowns of 2020. Ryan and Tho take a look at the lessons we learned about the regime, medical staff, and libertarians during one of history's biggest abuses of state power.
Some protestors now vandalize Teslas to oppose Elon Musk’s politics—unwittingly serving the very political powers they claim to resist.
Patrick Newman offers a Jacksonian playbook for dismantling the deep state in our time.
This panel exposes flawed assumptions of Modern Monetary Theory, including the origins of money, government spending, job guarantees, entrepreneurship, and economic growth.
In this provocative and unfiltered lecture, Hoppe reflects on war, empire, the Frankfurt School, Javier Milei, and why libertarians must reject both the left and the right to defend true freedom.
Was Keynesianism ever truly apolitical? In this rigorous lecture, Edward W. Fuller reexamines the IS-LM model through the lens of Keynes’s political writings and reveals how modern macroeconomics inherited not just a framework—but an ideology.
What do COVID lockdowns, currency collapses, and hyperinflation all have in common? According to Steve Hanke, they all reveal how central planners manipulate fear, money, and power to control society.
Bob responds to flawed arguments about trade deficits.
Are economic crashes inevitable, or are they the direct result of government meddling? History shows a pattern—but politicians and central bankers refuse to take the blame.
The state was born claiming to protect people, but in reality, it became the best-organized aggressor against the persons and property of the public.
Our current paper fiat money system comes from a long process of building up state power that destroyed private money, ended truly private banking, and abolished the market system of competing currencies. It took 300 years, and we are now facing the inflationary results.
While the Trump administration claims it is breaking with the policies of Joe Biden, it is continuing US attacks on the Houthis of Yemen supported by the previous president.