Recent Podcast Episodes

Manent insists that if political leaders don’t lead society, we will have a society that isn’t led by political leaders. So what?

"These days most people tend to equate freedom with the possession of inalienable individual rights, rights that demarcate a private sphere no government may infringe on. But has this always been the case?"

Ron Paul used the fall in purchasing power since the founding of the Fed to argue that the central bank had hurt regular Americans. Fed economist David Andolfatto disagrees, but Bob pushes back.

Rothbard: "At the outset of every step forward on the road to a more plentiful existence is saving….Without saving and capital accumulation there could not be any striving toward nonmaterial ends."

Just as central planners cannot know how individuals will value a product or service, so too are central planners unable to calculate or plan for the endless array of risk assessments made by potential victims of covid-19.

The task at hand is the study of the problems of the determination of prices and interest rates. This task requires a sharp distinction between money-certificates and fiduciary media.

While it is popular and accurate to blame our societal elites for being inept, the truth is that these leaders, both political and cultural, are reflections of us.

There is no better work to explain the broader implications of central banking which go almost totally unremarked in the financial press than The Ethics of Money Production.

The taxpayer is backstopping more credit risk than ever. The Post reported that nearly 30 percent of the loans Fannie Mae guaranteed were to borrowers whose house payment exceeded half of their monthly income, up from 14 percent in 2016. 

Democrats and anti-Trump GOP leaders are calling the Capitol riot a "coup" and "treason." This is in part because if Washington politicians can portray the riot as a grave threat, they can use the riot as an excuse to greatly expand federal power.

We will never water down our message to satisfy censors or maintain a particular platform; instead we will work around them.

Thanks to politics, confirmation bias, and bad monetary economics, central banks have a lousy record when it comes to economic forecasts.

If California voters and politicians do not understand the current crisis, we will see the continuous march to perdition as California politicians refuse to acknowledge that they are killing the geese laying the golden eggs.

What can be done now? President Trump should not urge us all to “come together.” Instead, he should support secession.

We're told more government spending will get the economy back on track. But increasing government spending weaken the process of wealth creation. 

The silent majority is the one that benefits from recent agricultural reforms, but mounting pressure from the vocal minority has prompted the government to once again increase government meddling.

It is partly an attempt to erase the Trump movement from the pages of history, but it is also an attempt to silence criticism of the emerging political consensus in the coming Biden era that may come from progressive or antiwar circles.

Coups are nearly always acts committed by elites against the sitting executive power using the tools of the elites. It's clear the elites want Trump gone, and Wednesday's riot was no coup. 

For people who remain mystified as to how populists like Donald Trump get elected, they need not look much further than this.

Corporate cost cutting sets the stage for future gains in profitability and productivity, and there is no resulting "paradox of thrift" requiring easy money policies to "fix" the problem.