Anthony Fauci: When Politics Trumps Science
Readers of a certain age may remember the hysteria that surrounded AIDS for a period of the 1980s. Anthony Fauci was a central player in that, too.
Recent Podcast Episodes
In Defense of Landlords
Although it may seem as if landlord simply collect money from tenants without working, nothing could be further from the truth. Landlords invest their stored labor—savings—at a risk and with the knowledge that they won't recoup their money for some time. In the creating or renovating rental properties, they aid those who can't store their labor yet—tenants and laborers.
Central Banks and the Next Crisis: From Deflation to Stagflation
When governments and central banks announce massive stimulus packages at the very beginning of a crisis, they bet on a speedy recovery and a return to normal as if nothing had happened. This is far from the case.
Why Markets Are Rallying as Millions Become Unemployed
Wouldn’t you feel great knowing that your stock picking is fully insured by the Fed? Billionaires and wealthy hedge fund managers know the feeling.
If Face Masks Are Mandatory, Then It’s Time to End Mask Patents
Governments are set to make mask wearing mandatory in many places. Yet some companies are committed to limiting supply and charging monopoly prices thanks to government-created patents.
What If the Lockdown Was All a Big Mistake?
Imagine if we had used even a fraction of the resources spent to lock down the entire population and focused on providing assistance and protection to the most vulnerable—the elderly and those with serious medical conditions. We could have protected these people and still had an economy to go back to when the virus had run its course. And it wouldn’t have cost us $6 trillion dollars either.
The Experts Have No Idea How Many COVID-19 Cases There Are
Collecting government data on the total number of COVID-19 cases has always been a mess. The number is likely far higher than the "official" numbers, and this means government proclamations about fatality rates are little more than bad guesses.
Anthony Fauci, the “Learned Ignoramus”
Experts such as Anthony Fauci are experts only in the narrow field of their expertise. They have almost no knowledge or expertise in other fields, including—apparently—the basics of how human societies function.
COVID-19 Is Forcing Governments to Admit Their Regulations Aren’t Really Necessary
From medical practices to grocery shipments, governments are loosening restrictions in order to keep goods and services affordable. But if these restrictions are unnecessary now, why claim they are ever necessary?
Bureaucrats Can’t Fix This
Bureaucrats cannot conjure wealth from nothing. They only have what they extract from the private sector. Unfortunately, the bureaucrats are now starving the private sector of funding while making government budgets ever larger.
Three Reasons Why Politicians Must Leave Oil Markets Alone
Efforts by US policymakers to boost crude prices and to throw a lifeline to high-cost US crude producers is the exact opposite of what prices are telling us the market needs at this time.
The Convention Center Bubble Will Soon Pop
The COVID-19 depression will expose the Las Vegas convention center bubble for what it is: a massive malinvestment.
The End of Civilization?
Even if the COVOID-19 virus turns out to be more severe than the skeptics give us reason to think it is, we can get through it. We cannot survive the end of the division of labor. It would be the finish of civilization as we know it.
How to Think About the Fed Now
The Fed is, in effect, a lawless economic government unto itself. It is the lender of first resort, a kind of reverse pawnshop that pays top dollar for rapidly declining assets.
Exactly How Many Deaths Are Needed to Justify Giving Governments Control of Everything?
What is the number of deaths due to disease which justifies the total abandonment of the rule of law and basic human freedoms? Sixty thousand? One hundred thousand? Three hundred thousand? Supporters of the current police state ought to pin down a number for us at which all rights are forfeit.
It’s Time to Track the FDA’s Death Toll
Many Americans could die in the coming weeks and months thanks to the FDA’s blockade on coronavirus testing. Should we consider those victims as martyrs for the principle of bureaucratic supremacy?
Markets vs. Socialism: Why South Korean Healthcare Is Outperforming Italy with COVID-19
The Italians could learn some lessons about healthcare from the South Koreans, who still maintain a robust private market in health insurance. Although the Koreans have relatively ample resources for COVID-19 patients, Italy's state-dominated system is quickly running out of options.
The CDC’s Budget Is Larger Now Than Under Obama
Many left-wing pundits and politicians are claiming that the Centers for Disease Control budget was "gutted" in recent years. But the CDC's budget is now higher than it was in the final years of the Obama administration.
The Virus and the Money Printing Press: Socioeconomic Effects of the COVID Lockdowns
Accad and Koka interview Ryan McMaken.
End the Shutdown
The lasting and far-reaching harms caused by this authoritarian precedent far outweigh those caused by the COVID-19 virus. The American people must decide for themselves how and when to reopen society and return to their daily lives.
