The Unseen Costs of “Medicare for All”
Many of the worst costs that will come with "Medicare for All" won't be calculated in dollars. They'll come in the form of doctor shortages, long wait times, and less access to care.
Recent Podcast Episodes
Harvard Astronomy Chair Avi Loeb Explains the Physics of Black Holes
Bob Murphy interviews Avi Loeb, the Frank B. Baird Jr. Professor of Science and Chair of the Astronomy Department at Harvard, and founding Director of the Black Hole Initiative.
The Anti-Capitalistic Mentality
Andy Duncan joins Jeff to review an overlooked classic by Mises:The Anti-Capitalistic Mentality.
The Gateway Drug Myth
The Time magazine article creating "the gateway drug" myth in the 1970s provided no citations for its claims, except ambiguous references to unnamed “experts.” The evidence remains elusive forty years later.
The Meaning of Competition
Competition is a process of the formation of opinion: by spreading information, it creates that unity and coherence of the economic system which we presuppose when we think of it as one market.
The Lesson
The whole of economics can be reduced to a single lesson, and that lesson can be reduced to a single sentence.
The Broken Window
The broken-window fallacy, under a hundred disguises, is the most persistent in the history of economics.
The Elite Under Capitalism
In a free society there is no other means to avoid the evils resulting from one's fellows' bad judgment than to induce them to alter their ways of life voluntarily. Where there is freedom, this is the task incumbent upon the elite.
The Individual in Society
Those who are asking for more government interference are asking ultimately for more compulsion and less freedom.
In the Footsteps of Donabedian: The US News and World Report Hospital Ranking System
Accad and Koka have a fascinating conversation with Ben Harder, an expert in hospital and physician quality ratings.
Why Plea Deals Are a Gross Miscarriage of Justice
Bob Murphy explains why “offering a plea deal” is a horrible practice.
How College Profs Push Students to Socialism
The true aim of these “scholar activists,” as many academics have begun calling themselves, is to propagate socialism by redefining capitalism to encompass every evil of human history. Which means they're mostly attacking straw men.
Lew Rockwell on the College Cheating Faux Scandal, the Sinister FBI, and How the CIA Kills People
Bob Murphy interviews Mises Institute founder Lew Rockwell.
Brexit’s Downsides Are Caused by Our Own Government
Brexit and decentralization are good things, but the unfortuante truth is that harmful post-Brexit policies are equally likely to be imposed by the UK’s own government as by the European bureaucracy.
Reaching the Next Generation
Help us distribute Hazlitt’s Economics in One Lesson to thousands of young people all across the country.
A Debate on Vaccine Mandates
Two distinguished guests — Dorit Reiss and Jonathan Howard — join the show to debate the issue of vaccine mandates.
A Nuclear War? Over Venezuela?
How ironic that Pompeo and the rest of the neocons in the Trump Administration are ready to violate the US Constitution in order to attack Venezuela to "restore their constitution."
Capital and Interest in the Austrian Tradition, Part 3 of 3
Bob reviews the contributions of Böhm-Bawerk, Fetter, and Mises, and explains interest from an Austrian approach.
The Bureaucratic Revolution
Professor William Anderson and Jeff Deist discuss the most important and devastating critique of administrative rule ever written.
Inflation: The Rumors of its Death are Greatly Exaggerated
The real money-creating machines are commercial banks. Loan dollars become deposit dollars. Lots of lending means the money aggregates increase. Little lending means the opposite.
