Lara and Murphy Discuss IBC and the Business Owner
Bob Murphy and Carlos Lara discuss the yield curve from an Austrian perspective.
Recent Podcast Episodes
Mises on Liberalism and Political Economy
Ryan McMaken joins the Human Action Podcast for a deep dive into Mises's definitive book on liberal society.
Conservative Means to Progressive Ends? Avik Roy on Healthcare
Is there a conservative path to universal healthcare? Avik Roy certainly believes so.
Capital and Interest in the Austrian Tradition, Part 1 of 3
Bob begins his three-part series devoted to Capital and Interest Theory in the tradition of the Austrian School.
Ocasio-Cortez’s Selective Memory on the New Deal
The New Deal invigorated a bureaucratic state which had already done much to limit the entrepreneurial opportunities of Americans of all racial and economic backgrounds.
Jeff Deist Talks Ray Dalio and Crony Billionaires
Jeff Deist joins David Gornoski to respond to billionaire hedge fund manager Ray Dalio's recent interview on 60 Minutes.
The Battle of Shiloh, Part 4: “Tell My Mother I Died Like A Soldier”
Chris Calton recounts the second and final day of the Battle of Shiloh, and the story of the Battle of Fallen Timbers.
Dear Mr. President, Security Does not Create Development
Even though security might be a necessary condition for development, it is not a sufficient one.
Elizabeth Warren’s New Antitrust Crusade: A New Progressive War on Wealth
Warren and her fellow progressives have the regulatory issue with respect to free markets and public utilities almost precisely backwards.
Discussing MMT Through the Eyes of a Socialist
Bob Murphy and C. Jay Engel discuss Doug Henwood’s recent critique of modern monetary theory in Jacobin magazine.
The Battle of Shiloh, Part 3: The Hornet’s Nest
Chris Calton details the intense fighting at The Battle of Shiloh, where thousands of Union and Confederate soldiers fought in a narrow portion of the battlefield nicknamed "The Hornet's Nest."
Will Democrats Rally Behind a Herman Cain Fed Nomination?
It will be interesting to see how Trump critics handle Mr. Cain. He has the one quality Elizabeth Warren and other Democrats have chosen to focus on when it comes to a Federal Reserve nominee: he isn’t a white guy.
Capital is a Mystery to Alexandria Ocasio-Cortez
While Ocasio-Cortez has a degree in economics, she apparently never learned the lessons stressed by Hernando de Soto in his The Mystery of Capital.
It’s Not a Recession, It’s a “Global Economic Slowdown”
Pundits are hoping that instead of a crisis, we just get a "global economic slowdown." Given the damage done by central banks, a sustained slowdown would be a best-case scenario.
The De-Socialization of the Lithuanian Economy
Vytas Žukauskas tells the story of Lithuania after the Soviet Union.
How Countries Fall into the Welfare Trap
Before wealth can be redistributed by the state, it must first be produced. But welfare-state policies end up destroying the very wealth which is necessary for redistribution.
Taking the USMLE to Task
Bryan Carmody, MD, discusses the machinations that constitute licensing examination in the United States.
The Apocalypse Has Been Postponed
The radical nature of anti-climate-change measures require promises of a near-total apocalypse in the near future. But the date for the promised disaster keeps getting pushed back.
Study Estimates the Green New Deal to Cost $93 Trillion — That’s a Conservative Estimate
The Green New Deal contains a wish list of progressive social and economic goals that come with a staggering price tag.
The Theory of Interest Rates
What are interest rates, where do they come from, and what purpose do they serve? Economist Jeffrey Herbener explains why Turgot, Böhm-Bawerk, and Mises got it right.
