Oil Export Bans Make for Crude Politics
In the wake of the Arab Oil Embargo of 50 years ago, Congress banned U.S. export sales of crude oil. The results were different than what government "experts" imagined.
In the wake of the Arab Oil Embargo of 50 years ago, Congress banned U.S. export sales of crude oil. The results were different than what government "experts" imagined.
Jonathan Newman rejoins Bob to explore more of the mechanics and political implications of the Fed's current state of insolvency.
Mark contemplates the political divides in America and around the world. But, there is a tried and true solution.
While the prospect of Javier Milei being elected president of Argentina is attractive, his plan to "dollarize" the Argentine economy will fall well short of hopes and expectations.
No matter the situation, bank CEOs believe that the Big Score is just around the corner. Then reality hits.
Hamas's invasion of Israel happened in spite of decades of US intervention and spending in favor of Tel Aviv. Yet, this ongoing conflict has nothing at all to do with the safety and security of the United States itself. It's time for the US to get out.
Ryan and Zachary look at how interest groups have often lobbied for US intervention in foreign wars that in no way benefit the American population overall.
The recent attacks by Hamas on Israeli civilians have led to justified outrage. But will Israel's response also kill innocent people? Murray Rothbard has words of wisdom on this subject.
Climate alarmism dominates the news cycle, but perhaps people be more alarmed by massive federal budget deficits and runaway entitlement spending.
On this episode of Radio Rothbard, Tho is joined by Connor O'Keeffe to discuss their thoughts on the conflict between Hamas and Israel and whether Americans have learned any lessons from the War on Terror.
While central banks use administered interest rates in hopes of emulating the natural rate, these efforts are always going to fail. Without free markets, there is no natural rate.
Members of the Canadian Parliament recently applauded a Ukrainian member of the Nazi Waffen-SS during World War II. Apparently, it's now okay to be a Nazi so long as you're fighting the Russians.
Some free-market advocates are pushing for dollarization in Argentina. But the devastating US sanctions against Panama in 1989 show us how dollarization helps the US exercise more hegemonic power over foreign economies.
While Murray Rothbard believed that self-ownership formed the basis for private property rights, other philosophers disagree.
Haiti famously won its independence from France during a slave revolt, but being independent has not brought political stability or prosperity. Instead, Haitians struggle to get by in the Western Hemisphere's poorest country.
While court economists such as Paul Krugman insist that inflation is government's way of ensuring full employment, in reality, inflation is one of the many ways governments steal from productive people.
In the wake of bad news on inflation, the Federal Reserve is pushing up interest rates. However, a Fed-induced higher rate is not the same as an interest rate decided by the market.
The recent executive order by New Mexico's governor suspending gun rights in part of the state demonstrates not only her ignorance of the law, but also her greater ignorance of the origin of rights.
Progressives have created a new thought crime: cultural appropriation. However, one cannot appropriate something that is not owned by anyone else.