Recent Podcast Episodes
Digitalization Could Move Medical Care beyond “Government Healthcare”
Government healthcare is centrally planned healthcare. Innovations in the decentralized "digitalization" of medicine could finally move medicine back in the direction of markets.
Election 2021 Autopsy: Dem Disaster in VA
"Let's Go Brandon!" scored an early win in Virginia, and hurt Democrats in New Jersey.
Why Interventionist Economists Love to Talk about Externalities
Step 1: claim that only government can solve the problem of "externalities." Step 2: claim that externalities are everywhere. Step 3: send in bureaucrats to solve every "problem" caused by externalities.
Thanks to Central Banks, the Old Investment Rules Don’t Apply Anymore
Thanks to central banks' easy money policies, historically low interest rates and a desperate search for yield have created new danger zones for investors trying to stay out of trouble.
Three Ways Government Spending Is Ripping Us Off
Whether through taxes, debt, or inflation, government spending is about ripping off the productive taxpayers. Argentina's inflation and runaway deficits provide a cautionary tale.
Where Does Social Order Come From? Not the State.
The more an economy is centrally planned, the more chaotic are the relationships within it. The freer people are to make their arrangements in the market, the more coordinated things become.
Yes, They Are Coming for the Oil Companies
The Biden administration will use the SEC to squeeze oil and gas companies on "climate risk." As is typical for progressive schemes that drive up the cost of living, the working classes will suffer the most.
“Idle Resources” Are Problems Caused by the Central Bank
It is not possible to replace productive credit by means of the easy monetary policies of the central bank. If this could have been done, then the world would have already ended poverty.
Three Things the Fed Must Do to Normalize Bond Markets
Policy normalization—defined as closing down the nonconventional toolbox and restoring a well-functioning price-signaling mechanism to the bond market—is difficult but possible.
Who Will Build the Roads? Anyone Who Stands to Benefit from Them.
The appropriate question is not “Who will build the roads?” but rather “Who will pay for them without taxation?” History suggests the answer is "lots of people" and the "public goods" theory is wrong.
GDP Tells Us Little about the Health of an Economy
If people decide to save rather than spend, this could lead to a fall in GDP, even though people are becoming better off beyond the short term.
Daniel McAdams on the Ron Paul Doctrine
Daniel McAdams of the Ron Paul Institute joins the show to discuss what might be termed the Ron Paul Doctrine
What Spooner Can Teach Us in Our Age of Neofascism
Neo-Spoonerism: there is no treason against the federal government, because the federal government does not abide by the document which it claims as its foundational authority to govern.
How the West Pushed back the Frontiers of Death
Thanks to capital accumulation and other innovations in the West, life expectancy grew beyond anything previously imagined. The benefits spread from there.
Governments Love Inflation, and They Won’t Do Anything to Stop It
In spite of what they say, governments will do nothing about inflation. Even though "money printing" is the real cause of this, governments will just keep blaming red herrings like supply chain problems.
Why a Bear Market in Bonds Points to a Weakening Economy
Years of bubbles and malinvestment have a downside: the destruction of the productive, wealth-building parts of the economy. And that could mean higher interest rates.
How the Fed’s Easy Money Spurred Today’s Financial Frenzies
It was government policies that kick-started the engine of financial innovation, wrongly blamed by many in the press and left-leaning academia for this increased economic instability.
Why Did Google Ads Ban LewRockwell.com?
Google says it can only tolerate "accurate" information and has banned LewRockwell.com from its advertising program. This position only makes sense if one makes some faulty assumptions about how information is spread.
The Weak Jobs Report Shows the Failure of Keynesian Policies
We can see that these massive trillion-dollar stimulus programs generate a virtually nonexistent long-term positive impact, just a short-term bounce that lasts less than a quarter.