If we read between the lines, it is apparent that the Fed is hoping that price inflation will fall to politically acceptable levels without any additional tightening, and without a recession. But "hope" is all the Fed has.
On this episode of Radio Rothbard, Ryan and Tho take a look at "classical liberalism," a term that has come to mean a variety of different things in recent years.
More than forty years ago, Aleksandr Solzhenitsyn urged his fellow Russians “not to live by lies.” In our politicized age, his words ring truer than ever.
Can there be a bridge between Heideggerian metaphysics and practical political philosophy?
Recorded in Nashville, Tennessee, on September 23, 2023. Includes audience Q&A period.
Recorded in Nashville, Tennessee, on September 23, 2023.
The call for "price stabilization" was part of the recent Republican debate. Despite its attractive appearance, having the Fed try to "stabilize prices" is a very bad idea.
Recorded in Nashville, Tennessee, on September 23, 2023.
Just-wage theory tells us that an employer cannot reduce his workers' wages below some presumed "cost of living." Yet, that same employer can be permitted to reduce the worker's wage to zero if the worker has been replaced by a machine.
The Nigerian government should have seen the economic disaster the eNaira would cause. They didn’t, and chaos and rioting followed.
Recorded in Nashville, Tennessee, on September 23, 2023. Includes audience Q&A period.
Economists and political elites fondly claim that economic growth is due to increased technological knowledge. That is only partly true.
While Leo Strauss did not share G.W.F. Hegel's acceptance of historicism, nonetheless he gives Hegel a sympathetic review. David Gordon takes a closer look at both men.
Fed policymaking is all about political expedience. When we see Fed policy, we must keep in mind that "managing the economy" is secondary to managing public debt service and public expectations.
The UAW's strike against US automakers will do long-term damage to the domestic auto industry. Unfortunately, unions and their advocates will learn nothing from this debacle.
There are no more rabbits for the Fed monetary magicians to pull out of their hats. In an economy addicted to artificially low interest rates, any more moves by the Fed will trigger an economic downturn.
Will the economy take off and perform much better than anyone anticipates? Don't bet on it.
To progressive elites, the state (at least one run by progressives) is omniscient and all-powerful. To anyone with understanding, the state is an entity usually run by gangsters.
China rose from poverty after the Mao years only because its political leadership embraced private property and a market economy. Unfortunately, today the Communist leadership is moving back to socialism.
Dr. Jonathan Newman joins Bob to show why you should be wary of charts coming from agenda-driven institutions,
