True Competition versus the Monopolist “Minimal State”
Suppose some people don't like the services furnished by a "minimal state." Don't these people have the right to establish their own services to compete with the minimal state?
Suppose some people don't like the services furnished by a "minimal state." Don't these people have the right to establish their own services to compete with the minimal state?
The Federal Reserve now owns $2.6 trillion in mortgages. That means about 24 percent of all outstanding residential mortgages in this whole big country reside in the central bank.
In this episode, Ryan McMaken and Tho Bishop dive into the politics of inflation.
Friday's jobs report was weak, but the most alarming datapoint is that real wages are plummeting.
When we ask ourselves the question, “Can states survive without fiat currency?” the answer is clearly yes.
After many months of covid stimulus, there's a bonanza in US pandemic profits. But unlike price inflation, these profits really are likely to be transitory.
Patrick and Tho look at how dreams of conquest in Canada, Spanish Florida, Mexico, and beyond have had tragic consequences for Americans' liberty.
Jeff Deist surveys the role economics (and economists) should play in society.
Patrick Newman and Tho Bishop look at the success of the Jeffersonians following the corruption of Hamilton's Federalist Party.
In this episode of Radio Rothbard, Ryan and Tho trade predictions for the year ahead.
Conservatism is allegedly grounded in a recognition of the natural limits of humanity. But when it comes to free trade, conservatives throw all that out the window.
Mayor Lori Lightfoot chided businesses for not doing enough to protect themselves from theft. But Chicago's government does a lot to prevent private businesses from doing this.
Lockdowns and school closures will go down as one of the worst peacetime policy disasters of all time. Never again should the well-being of our children be sacrificed to placate the neuroses of adults.
An abstract state is built on patriotism. And when patriotism becomes "the highest of all virtues and the source of all the remaining ones,” states can get away with almost anything.
In the first Radio Rothbard of 2022, Ryan McMaken and Tho Bishop discuss the regime's portrayal of the one-year anniversary of January 6.
The evidence indicates that a prevalence of slavery in an economic system is a robust predictor of subpar economic growth and a creativity deficit.
Thanks to covid shutdowns, declining productivity finally brought price inflation to the fore. But the world's governments have learned nothing and cling to the same inflationist policies.
The Fed admits inflation is a problem, so now begins the search to find a fix that doesn't involve a recession or anything else that might allow the economy to heal its malinvestments.
Patrick Newman and Tho Bishop tackle Alexander Hamilton and his mercantilist regime.
Economic depressions are not caused by a strong decline in the money stock, but by a depleted stock of real savings.