The Saving Problem in America: Alternatives and Reforms
Savings are the foundation for a productive and advanced economy. Unfortunately, governments insist on policies that make it harder for ordinary people to save.
Recent Podcast Episodes
Inflation as a Tool of the Radical Left
It becomes clear that ramping up inflation is a tool for those who wish to overthrow the existing economic and social order—to get rid of what little is left of the free market system.
The Origins of the 2 Percent Inflation Target
Janet Yellen was concerned that low inflation could "paralyze the economy," especially during economic downturns.
The Fed Is Planning Another Ultralong Period of Ultralow Rates
The Fed plans to keep interest rates near zero, while monetizing debt, financing zombie companies, and pouring new dollars into the market. But that may not be enough.
The Collapsing Universities—and What We Can Do about It
It is sad that the contemporary American university has sunk so low from the heights of medieval Oxford, Cambridge, Paris, and Salamanca. Fortunately, private alternatives are still available.
It’s Far Too Late to Think Lockdowns Can Make Covid-19 Go Away
Far from stopping the spread of covid-19, lockdowns, only push deaths into the future. Unless a vaccine is imminent or a 100 percent total lockdown is imposed, lockdown won't cause big reductions in total deaths.
Jeff Deist on Nashville Officials Withholding Covid Numbers
What lessons can future generations learn from the stupidity of governments shutting down economies on bogus information? Are mainstream journalists sacrosanct in our culture?
Alexander Hamilton: Centralist and Nationalist
If you like high taxes, crony capitalism, central banking, and a central authority that can regulate everything you do, thank Alexander Hamilton.
Comparing Latin America’s Economic Models: Left vs. Right
Twenty-first-century socialism, which has been so popular in Latin America for many years, has failed in a way that mirrors the failure of twentieth-century socialism in other parts of the world.
How Government-Owned Streets Prevent Effective Law Enforcement
“Taking back the streets” ought to mean privatizing them and enabling property owners to defend their property. This would be the surest way to end the riots.
Damian Carabello on Surprise Billing: Through the Looking Glass
Dr. Damian Carabello discusses the depths insurance companies go to make sure they end up on top.
Mandatory Covid-19 Vaccination Is Unethical and Unscientific
We are fortunate to have vaccines as options in many cases. But mandatory vaccination can never be justified. If a vaccine were clearly 100 percent efficacious and 100 percent safe, there would be no need for coercion; people would voluntarily line up to take it.
Hayek’s Plan for Private Money
Hayek’s last proposal for monetary reform calls for privately issued, competing fiat currencies. It's debatable whether or not this is a good idea.
Michael Rectenwald on Recovering from Marxism and His New Book Beyond Woke
Bob asks Rectenwald about apparent contradictions in the current cultural Marxist/postmodern movement, and they discuss several themes from his new book Beyond Woke.
From 9/11 to Covid-19: Nineteen Years of Permanent “Emergency”
Whether we're commanded to trust the experts, abandon the rule of law, or venerate government for "keeping us safe," the 9/11 panic and our current crisis have many things in common.
What the Trade Balance Means for a Currency’s Purchasing Power
Since the trade balance has nothing to do as such with either the supply of money or the demand for money, we can conclude that trade balances do not determine the purchasing power of money of respective countries.
What’s the Price of Gold? It Depends.
Spot? COMEX? Retail? How the price of gold varies by market. And why.
The Evidence Keeps Piling up: Lockdowns Don’t Work
Extraordinary measures require extraordinary evidence. Have the advocates for lockdowns made their case? The data suggests they have not.
The Fed’s Brilliant Plan? More Inflation and Higher Prices
The question is not if the current system will end. The question is how it will end.
It’s Not “Just Property”: How Looting Destroys Lives and Low-Income Neighborhoods
Advocates for looting are now claiming that looting doesn't really hurt anybody but evil corporations. In truth, looting is a disaster for many families, business owners, and the neighborhoods themselves.
