Recent Podcast Episodes

Tolkien's Lord of the Rings is thought to be the greatest work of the 20th century with 150 million readers. The book's thesis - Evil power cannot be defeated by power - is libertarian.

From Our Enemy, The State. Narrated by Jock Coats.

From The Man versus The State. Narrated by Jock Coats.

From Our Enemy, The State. Narrated by Jock Coats.

From The Man versus The State. Narrated by Jock Coats.

From The Man versus The State. Narrated by Jock Coats.

Presented by Thomas E. Woods, Jr. at “The Failure of the Keynesian State,” the Mises Circle in Houston, sponsored by Jeremy S. Davis.

Presented by Douglas E. French at “The Failure of the Keynesian State,” the Mises Circle in Houston, sponsored by Jeremy S. Davis.

Presented by Congressman Ron Paul at “The Failure of the Keynesian State,” the Mises Circle in Houston, sponsored by Jeremy S. Davis.

Presented by Llewellyn H. Rockwell, Jr. at “The Failure of the Keynesian State,” the Mises Circle in Houston, sponsored by Jeremy S.

Presented by David Gordon at “The Failure of the Keynesian State,” the Mises Circle in Houston, sponsored by Jeremy S. Davis.

Price is determined by the equilibrium price and the equilibrium quantity. If your good is not selling, you lower the price. If your goods fly off the shelves you are selling too cheaply and you raise prices.

Why is it that things like bread and water which have high use values are cheap while on the other hand luxury items like diamonds are very expensive? This paradox was not solved until it became understood that people choose only a marginal unit - this loaf or this diamond.

The Federal Reserve was created in 1913 by Morgan men to cartelize the banking system and limit competition. This is fractional reserve banking rather than 100% reserves. Rothbard thinks it is fraud. It increases the money supply in an inflationary manner by creating money out of thin air.

Spooner was an American individualist anarchist with radical opinions on everything. His true calling was writing pamphlets and books on issues of the day. His most famous work was The Unconstitutionality of Slavery. No Treason is his most anarchistic political tract (1867).

With WWII, Morgans get their war in Europe; Rockefellers get their war in Asia. Both sides are happy. Rockefellers take over foreign relations and create the Trilateral Commission, while electing Carter President in 1977.

From backstage, the New Deal was an incredible confusion, unable, as Mr.

Where did Benjamin Strong - head of the Fed - come from? Rothbard continues to reveal the individuals who shaped our world and wars. Morgan's empire brought us the irrational and useless WWI. Foreign policy today rests upon this Morgan outlook.

Progressive movement came in in 1900 to eliminate political parties. Technocrats and bureaucrats take over political power. Rural versus urban. Eliminate mayors, eliminate voting altogether, have appointed bureaucrats only. The Progressive party was created by JP Morgan interests.