Recent Podcast Episodes
The American Revolution Was a Culture War
The Boston Tea Party was an opening act in what came to be a violent culture war and war of national liberation. And it helps us understand how America in 2020 could become as bitterly divided as America during the revolution.
New Perspectives on the Evils of War
MacMillan's book provides many insights into the true vileness of war, although she strays into some dangerous areas when she accepts the faulty economic notion that wars bring economic benefits through government spending.
Bob Murphy Dissects the “Shopping Cart Theory” Allegedly Blowing Up the Case for Self-Governance
Recently Tim Poole alluded to the so-called “shopping cart theory” of why self-governance is impossible. Bob explains what’s wrong with this argument.
Red and Blue States: It’s Time for a Multistate Solution
Joe Biden says: "I will work as hard for those who didn't vote for me as those who did." Does anyone actually believe that?
Mario Rizzo on His History with the Austrian School and the Economics of Time & Ignorance
Mario Rizzo is a professor in the Department of Economics at NYU–where he was Bob’s dissertation chair. He talks about how he found the Austrian School and his own contributions to economics.
Ebenezer Scrooge: Hero or Villain?
Ryan McMaken and Tho Bishop debate whether Ebenezer Scrooge's words and actions teach us important economic truths, or if he's just an ignorant crank.
The Managerial Revolution
James Burnham's The Managerial Revolution: What is Happening in the World explains both the populist Trump revolution and the Deep State response, despite being written in 1941. Edward Welsch joins Jeff Deist for a thorough discussion of Burnham and his most influential work.
Why the Marketplace Is Not a Zero-Sum Game
Market progress through entrepreneurship and innovation means increased production. In a world of scarcity, that benefits all of us in society. That makes it a positive-sum game.
Jeff Deist on the Covid Stimulus Bill
Jeff Deist calls in to A Neighbor's Choice to comment of the covid stimulus bill, the possibility of inflation, and the positive things we can look forward to during this Christmas season.
Feudalism and Cronyism in Machiavelli’s Italy
Machiavelli asserts that civil society can best flourish in the absence of government intrusion.
We’ll Know Trump Is a Fraud on Free Speech If He Doesn’t Pardon Assange
If he takes free speech seriously at all, Trump will pardon Julian Assange.
Quantitative Methods in Economics Can Describe—but Not Explain—Events
Human action cannot be analyzed in the same way that one would analyze objects. These quantitative methods do not improve our knowledge of the driving causes in economics.
Big Tech and the Sovereign Consumer
Both the Senate hearings on “Big Tech” companies and the Department of Justice (DOJ) lawsuit against Google amplify popular misunderstandings of what drives competition in the market for information.
The Marginal Revolutionaries
Jeff Deist details the good, bad, and ugly of a book on the history of the Austrian school, written by a left-progressive historian from a critical perspective.
Markets Aren’t about “Using” People. Markets Help People Attain Their Goals.
Claims that market arrangements involve the unethical “using” of others are of lengthy pedigree. But they are also of questionable merit.
The Weirdest, Most Distorted Economy Ever
The Fed is not allowing the economy to heal, but instead induces more distortions and weirdness. The explosion in orders for new trucks is perhaps just the latest example.
Marxists Dominate the Field of Literary Criticism. That’s a Problem.
Matt Spivey continues the pioneering work of Paul Cantor and Stephen Cox in bringing sound economics to the analysis of literature.