Recent Podcast Episodes

 Vijay Boyapati explains why other Austrians should have listened to him in 2010 when he warned that their inflation predictions were wrong. 

Democracy is only acceptable when the outcome is what the ruling class wants. Fortunately, the federal courts are always handy to overturn the results of free elections. 

American journalists and academics have invented a fairy tale in which "free market orthodoxy" has dominated political thinking in America for the past forty years. This is not even slightly true, but pundits repeat the lie again and again.

Key methodological differences between Austrians were highlighted in Milton Friedman's "The Methodology of Positive Economics." A key piece of conflict: Friedman's focus on prediction rather than explanation.

Senator Hawley wants government regulation of social media, and he insists that social media companies are somehow controlling and manipulating people. But Hawley is mistaken. You have free will even when using Facebook.

Advocates for vaccine passports are a bit like abusive husbands. They say they want to be nice to you. But you keep screwing up and refusing to take your vaccines. So now you're forcing them to keep you locked down forever. 

Biden’s tax increase plan does not make sense from a growth, revenue, or deficit perspective, and it does virtually nothing to address the real problem: ballooning spending on programs like Social Security.

Local nullification offers a practical guide to resisting tyranny in a way that reflects the real wishes of local community members against the ivory-tower mentality of their government “representatives.”

With Jerome Powell and Janet Yellen focusing on using monetary policy to manage climate change, the M1 money supply has gone parabolic, from just over $4 trillion in February to $18.6 trillion in March. This is right out of Zimbabwe's playbook.

If today they come for the smoker, tomorrow they will come for you. Neo-Prohibitionism has been long on the march.

Instead of trying to spin conservative justifications for disastrous monetary policy, conservatives should join libertarians and classical liberals in working to limit government power while restoring sound money and greater market freedom.

For the entrepreneur in a market economy, nothing is a sure thing. Every business is only a short step from bankruptcy. No business possesses the power to make people buy what they do not want. All success is potentially fleeting.

Bob gives a guest lecture for Jonathan Newman’s MA course for the Mises Institute, on the history of, and new developments in, the pure time preference theory of interest.

The US has millions of idle workers. In a normal economy this would put a damper on demand. But in our money-printing economy, consumer demand is surging even as production falls behind. An employment bubble is the result. 

At the 2021 AERC, Jeff Herbener presented a defense of the pure time preference theory of interest, and mentioned Bob’s critique of it. This episode is a very informative discussion of their views.

Do huge wealth redistribution schemes like Biden's new plan actually make people better off? Some people will get a net benefit. How numerous are they? How many millions will take a net loss? The government has no idea.

Now that the average American voter is barely paying attention—and that the US is facing an economic crisis and weak recovery—it has become politically expedient to move further toward wrapping up a couple more lost wars. 

The ideas of critical race theory and critical white studies shield a ruling elite from vengeance by attempting to make the mass of white people the scapegoat for their own crimes.

Representative democracy cannot subsist if a great part of the voters are on the government payroll. If elected officials no longer consider themselves servants of the taxpayers but deputies of those receiving salaries, doles, and subsidies, democracy is done for.

People must still compete for resources in a socialist economy. In fact, the competition is intense. On the other hand, thanks to markets, basic necessities—and even basic luxuries—are now more more accessible than ever.