Recent Podcast Episodes

Mainstream economists today examine economic phenomena from a “black box” perspective in which they look at inputs and outputs without trying to understand causal mechanisms that make the outcomes possible.

As we see from Jamaica‘s experience, attempts by the government to be entrepreneurial misallocate resources, waste money, and achieve poor results.

Commercial real estate in the US faces major problems despite efforts by the Federal Reserve System to prop it up. Bonds used to finance commercial real estate markets are being hit especially hard, and there is no relief in sight.

The child-like obsession with buying stuff that American society is often criticized for around Christmas is a sought-after result of our government’s monetary policy.

Wanjiru Njoya appears on Focus Today with Perry Atkinson.

Never forget the Christmas truce of World War I, when troops refused to be pawns of empire for one blessed day.

What happens when the Department of Government Efficiency fails? Human devolution or political revolution? Or both? Mark Thornton discusses some pertinent lessons from the French Revolution.

In the wake of the shooting of UnitedHealth CEO Brian Thompson, Dr. Keith Smith explains why US health care is so expensive and how to fix it.

Tom DiLorenzo is interviewed by Sarah Westall.

Wanjiru Njoya appears on America At Night with Rich Valdés.

Ryan McMaken, Tho Bishop, and Zachary Yost discuss the theory of international realism and its application to the military actions of the Russian state in Ukraine and Georgia.

Murray Rothbard wrote that egalitarianism is a “revolt against nature.” Progressives claim that inequality harms society and is morally unacceptable, but in reality, it is necessary for division of labor, which enables social cooperation.

Critics of free markets claim that the 1980s and 90s were near-pure laissez-faire when, in reality, the regulatory state only got stronger. 

Modern academic economics is based upon the methodologies used to study the natural sciences. However, such methodologies are inappropriate to study economics, which must be based upon causal-realism.

With the demise of the Biden administration, it is time to take a hard look at the DEI programs it imposed. While divisive, simple removal will not solve underlying problems.

The great free-market classical liberal William Leggett believed that Americans do not need politicians telling us on which days Americans ought to be thankful.

Economist Bryan Caplan has held up the United Arab Emirates as an example of how open borders can be successful. Caplan clearly does not understand how immigration works in the UAE.

As Joseph Schumpeter noted, markets need “creative destruction” to survive and advance. However, Europe‘s Digital Market Act (DMA)—while written to ostensibly protect competition—gives the digital economy uncreative destruction.

The Biden administration, and the political establishment more broadly, is scrambling to ram through policies that a majority of voters just voted against. Their actions expose that their supposed commitment to democracy is a lie.