Prices, Food, Employment: AI and Robotics Are for Regular Folks, Not Just the Elite
While politicians, media mavens, and the academic elite spread fear about artificial intelligence, AI is helping make life better for ordinary consumers.
While politicians, media mavens, and the academic elite spread fear about artificial intelligence, AI is helping make life better for ordinary consumers.
Dr. Paul Cwik joins Bob to discuss the inverted yield curve's "signal" of an impending recession.
In their attempts to remake the economy, progressive elites are pushing ESG. What they forget is that the economy runs on real things, not ideology.
The fight between Russia and NATO is not about "democracy versus authoritarianism." Rather both the US and Russian states are doubling down because they are doing what states do: seeking power.
While most free market advocates are fixated on the national debt, they also should be looking at municipal debt over which taxpayers have no say. Maybe default is the answer.
On this episode of Radio Rothbard, Ryan and Tho talk about recent court cases involving defamation claims, justifying libertarian skepticism of the entire concept.
Canada created its central bank during the Great Depression, ostensibly to stabilize the currency and protect the banking system. Today, that system is falling apart, thanks to inflationary central bank policies.
A central tenet of Keynesian economics is that governments must run budget deficits to stimulate economic growth. But government spending actually shrinks the economy.
A bedrock of Austrian economics and libertarianism has been free trade. Unfortunately, some people who claim to value liberty no longer value unhampered exchange.
Even after two years of "transitory" inflation, America's ruling classes insist that prices are falling and that all of this is temporary. We don't believe them.
The passage of an income tax in the early twentieth century was an enormous shift toward a far more centralized and powerful US state.
To prevent rail accidents like the one in East Palestine, dial back government regulation and allow the tort system to work.
Federal laws with acronyms are usually bad news. (Think the USA PATRIOT Act.) The RESTRICT Act is yet another Orwellian proposal in which the federal government assumes ignorance is strength.
Once the Southern states accepted the Thirteenth Amendment, Lincoln was entirely content for the old Southern elites to resume their positions of power and for many blacks to continue in a condition little better than bondage.
Mark explains the role of bank reserves in the current "system" and gives a brief explanation of why the Austrian view is better and actually gets the job done.
The current banking crises have deep roots in US financial history. Monetary authorities have engaged in inflationary behavior for more than a hundred years.
Jonathan Newman joins Bob to critique a recent Twitter argument where some were claiming that supercomputers solved the socialist calculation problem.
Both artists and athletes perform for others. When governments get involved it either is for subsidies or censorship. Neither is satisfactory.
Austrian economics is defined by its adherence to the a priori methodology, not empiricism. That places it at odds with mainstream economics, which stresses the methodology of positivism.
From Never a Dull Moment: A Libertarian Look at the Sixties. Narrated by Jim Vann.