Yes, We Should Defend the Term “Capitalism”
Many proponents of free markets have tried to cast aside the name “capitalism” as a descriptor of the market system. They should take caution before doing so.
Many proponents of free markets have tried to cast aside the name “capitalism” as a descriptor of the market system. They should take caution before doing so.
After Trump narrowly escaped another assassination attempt, the establishment seems uninterested in the motives of the would-be shooter. Perhaps that’s because he’s echoing the same simplistic narratives about the Ukraine war and Trump that they demand we all believe.
The only critical thinking in modern academia that stands out, is criticisms of capitalism—real and imagined.
Paul Cwik revisits the podcast to explain his new book, which aims to simplify ABCT for economics students and professors.
On this episode of Radio Rothbard, Ryan McMaken and Tho Bishop are joined by Patrick Newman.
The two-percent price inflation target is just a political slogan, and the Fed has many ways of ignoring its supposed two-percent target.
The Mises Institute’s new documentary provides a look at how the Federal Reserve uses its expanding power to damage our economy, increase inequality, and to impoverish ordinary Americans.
Wanjiru Njoya tells Charles Malet how she sees a truly free market as the route by which all societies are improved.
The true aim of our political system is to transfer wealth to the government and the politically-connected.
Keith Weinhold interviews Tom DiLorenzo on the Get Rich Education podcast.
Tom Luongo explains the different factions among bankers, including rivalries between New York and San Francisco, and the US versus Europe.
John Maynard Keynes was an English “economist” who spawned a revolution in economic thinking that emerged out of a cesspool of socialist thinking in Britain.
The Perfect Market Hypothesis claims that all movements in the market can be considered as random, as market players and prices adjust immediately to new information. However, market players do seek new information and seek to use it.
Politicians have long claimed that states are like big families, and that political regimes rule in ways similar to how parents raise their families. This is nonsense.
The standard belief is that slavery was about obtaining “cheap labor,“ yet nothing could be further from the truth. Slavery comes with high opportunity costs, which is why American slave owners depended upon several government regulations to subsidize their “peculiar institution.”
It is understood that Marx's theories stand entirely upon his Labor Theory of Value. If that theory is discredited, so is the scenario that leads to the inevitable triumph of communism. That fact, however, doesn't stop Marx's disciples from employing other fallacies.
Many “mainstream” economists are bothered by the popularity of economically-flawed policy proposals like tariffs and price controls. It’s their own fault.
On this episode of Radio Rothbard, Ryan McMaken and Tho Bishop are joined by Aaron Sobczak of the Quincy Institute for Responsible Statecraft.
What Murray Rothbard used to call the "Old Right" stood for liberty, freedom of speech, and a free economy. Most importantly, they stood for peace, all in contrast to the "liberals" of their day and ours.
The common belief regarding state power is that it is always justified and there can be no questioning the state's existence. But is that true? Does state power conform to natural law or is it imposed upon subjected people?