Cronyism in America
We live in a world of constant cronyism. Nothing seems to change, no matter the party or the people in power. Was it always like this? Can we learn from it?
We live in a world of constant cronyism. Nothing seems to change, no matter the party or the people in power. Was it always like this? Can we learn from it?
Presented at Mises University 2022.
The original monetarists (Milton Friedman), Scott Sumner, and problems with market monetarism.
Bombing private property is bad. So, when someone bombed the pro-eugenics, antihuman Georgia "guidestones," we naturally condemned the bombing. But let's not pretend the monument was a good thing.
Higher education signaling, grade inflation, federal aid and student debt, free speech, and university bureaucracy.
Presented at Mises University 2022.
Critics claim the market economy engages in "planned obsolescence" that encourages throwing good products into landfills. In fact, activities that might seem wasteful are the best use of resources.
Is it all bad news? There is still entrepreneurship. There is still innovation.
Recorded at the Mises Institute in Auburn, Alabama, on 28 July 2022.
Politicians, academics, and the media often call for a new Manhattan Project to deal with economic issues. But there is a huge difference between technological problems and economic ones.
There are two very effective ways to destroy an economy: hyperinflation and central planning.
High CPI inflation, popular explanations and their problems, and M1 vs. M2.
A brief biography of Rothbard and his important works, and a survey of some of his contributions to economics.
It's going to take more than a 0 percent policy interest rate and a newly invented name for QE to really address years of monetary inflation.
While governments have been assaulting private property rights for many years, they now are ramping up the pressure. Nothing less than our civilization is at stake.
Good theory leads to better statistics and better predictions.