Recent Podcast Episodes

While President Joe Biden's White House continues to give happy talk about the economy, some major economic storm clouds are brewing. The future does not look good.

How do societies determine who their heroes are? We know that often those seen as heroes actually made a country worse off.

The empty shopping mall: a story of how government actions created a huge malinvestment in western Pennsylvania.

Jeff Deist and Allen Mendenhall discuss "stakeholder" capitalism and what we can do to push back against ideological purity tests.

Monetary authorities have come up with numerous clever ways of measuring money. However, they are unable even to define money, much less measure it.

Progressives like to claim that "America" has a "gun violence problem." However, the "gun violence problem" happens to exist in places where progressives dominate the government.

Ryan and Tho feel obligated to discuss the State of the Union address.

Americans often have defended the atomic bombings of Hiroshima and Nagasaki as regrettable but necessary for ending World War II. The actual record tells us a much different story.

As life expectancy has risen, so have runaway costs. Raising the age won't make Social Security just, prudent, or wise. But cutting federal spending is always the right thing to do. 

In its unending quest for power, the state has no problem traumatizing the innocent.

A recession looks more likely every day, and the latest sign of this is slowing price growth in producer prices. After all, price inflation usually slows as the economy weakens and consumers run out of easy money.

The imposition of minimum wages harms the economy, although there are nuances in how much harm they cause. It is better not to impose minimum wages at all.

There is an undeniable negative trend in European employment and wages that is a direct consequence of constantly increasing intervention in the economy.

Mark Thornton discusses the history of record low unemployment rates and the business cycle.

All people of goodwill have an obligation to fight the escalation of politics in American life. 

The only reason central banks buy gold is to protect their balance sheets from their own monetary destruction programs; they have no choice but to do so.

All too often we are told that government employment equals selflessness and working for profit constitutes greed. It's time to reassess the meaning of certain words.

Will the Fed be successful with its "Immaculate Disinflation"?

Inflation at an annual rate of 5 percent is not a positive, and it is certainly not falling prices. Inflation is accumulative, and this means we are becoming poorer faster.

Jeff makes the case for viewing today's economy as quite unlike that of 2007—due to steady increases in CPI, more fiscal stimulus relative to monetary stimulus, and ongoing supply shock issues from covid.