Recent Podcast Episodes

It seems that the rest of us will be forced to suffer as egalitarian rich kids work out their psychological problems through some window-smashing therapy.

As a master of the history of economic thought, as well as a personal participant in some of the major events, Richard recounts to Bob some of the important history of the Austrian School in the 20th century.

The commandment "Thou shalt not steal" was not to be abolished outright. That would offend too many. So the commandment was simply modified to "Thou shalt not steal—except by majority vote."

The fact that Yalta can now clearly be seen to have been a betrayal is another reason to be wary when pundits and talk show hosts jump on the bandwagon for the next killing spree abroad.

Europe needs more than ever the principles that made it successful: decentralization, free trade, and sound markets.

One of the worst injustices committed by states is the prevention of parental teaching of their own children. Parental instruction conforms to the ideal arrangement. It is, after all, individualized instruction.

Janet Yellen was concerned that low inflation could "paralyze the economy," especially during economic downturns.

Savings are the foundation for a productive and advanced economy. Unfortunately, governments insist on policies that make it harder for ordinary people to save.

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.

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.

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.

If you like high taxes, crony capitalism, central banking, and a central authority that can regulate everything you do, thank Alexander Hamilton.

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.

What lessons can future generations learn from the stupidity of governments shutting down economies on bogus information? Are mainstream journalists sacrosanct in our culture?

Dr. Damian Carabello discusses the depths insurance companies go to make sure they end up on top.

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.