Recent Podcast Episodes

Recorded at the Mises Institute, May 1994.

Robert Murphy explains the process of setting interest rates in a free economy. Recorded on 25 June 2003.

Charles Adams is a rare tax historian who leads us back to Greeks and Romans and the history of liberty. The Battle of Marathon was critical for Greek civilization to seize control of Western Civilization. The Greeks had no direct taxation, just indirect. This is what fostered liberty.

Recorded at Mises University 2001.

Recorded at the Mises Institute, May 1994.

Recorded at the Mises Institute, May 1994.

Recorded at Mises University 2003.

Boom, Bust, and the Future (28:52) January 18-19, 2002

Recorded at Mises University 2001.

Presented at the Mises Institute on June 17, 2003.

Recorded at Mises University 2003.

Recorded at Mises University 2003.

The attack on September 11, 2001, showed us what we can expect from any fresh crisis. Military forces were assigned to domestic police activities. Police state surveillance was expanded. But, wiping out terrorism cannot be done. The ultimate result is Big Brother.

The growth of government since WWII was along non-military lines. These years were crisis years from about 1963 to 1974. Turmoil, conflict and uncertainty were commonplace. Assassinations were numerous. Johnson and Nixon were presidents. The welfare state expanded.

WWII was the most terrible, most deadly war of all mankind. As early as 1919 WWII was seen as inevitable because of the destructive details of the Versailles Treaty. In 1939, when WWII began, less than ten percent of Americans wanted anything to do with another war.

The post-WWII operation of the national security state has been a major avenue for the expansion of government. A tremendous military-industrial-Congressional complex built up during the war. Some 40% of GDP was devoted to military purposes. The US in 1945 was the world’s military superpower.

WWI was the culmination of progressivism. It was possible to impose prohibition. The creation of the Fed and the passage of an income tax allowed warfare socialism to rage and liberties to be lost.

The New Deal was not as widely popular as many stories about FDR might suggest. The Depression began about midway through 1929. Prices fell for four years. Unemployment was as high as it had ever been, and for a long time. Construction work disappeared.

State and local levels of government were more burdensome to people in the early stages of our country than federal levels. The national government mainly received revenue through tariffs and land sales.