Easy Money Is a Much Bigger Economic Problem than Debt
While many economists claim that high overall debt levels can lead to economic recessions, irresponsible government spending and money expansion are the real culprits.
While many economists claim that high overall debt levels can lead to economic recessions, irresponsible government spending and money expansion are the real culprits.
Modern American media has become so politicized that a once-venerable institution now cannot be trusted.
People migrate for many reasons, including moving to a better economy and escaping political persecution. But one thing is certain: people are going to vote with their feet.
Mark suggests that you prepare yourself for big negative surprises in the economy and additional government power grabs.
The open protocols on the internet would seem to create chaos, but it turns out that they produce the opposite results, encouraging a digital spontaneous order.
While the government promotes CBDCs as tools for "inclusion," it is more likely that they will be another vehicle for federal intrusion.
Peter Lewin joins Bob to discuss his work on uniting Austrian capital theory with mainstream finance.
The covid restriction machinery is being ramped up in time for fall, despite the fact that covid poses little danger.
Economic calculation is not an either-or proposition. Even in so-called market economies like that of the USA, there is plenty of government intervention that distorts market processes.
Matthew Mohlman and Tho discuss the need to build better alternatives to woke financial institutions, and the limit of political solutions to address the problem.
On this episode of Radio Rothbard, Ryan and Tho talk about the Chinese economy.
For the past fifty years, the US has not had a military draft. Unfortunately, the end of conscription did not mean US military interventions abroad ended.
The DOJ claims that it has "protected" consumers by standing in the way of a partnership between JetBlue and American Airlines. The only thing the DOJ protected was higher-cost flying.
The "2 percent" inflation target is purely arbitrary, and mainstream economists can't agree on the "right" level. It's all folly, and Austrian economics explains why.
Ryan and Zachary rank the GOP candidates' foreign policy plans from last week's debate. They range from "least terrible" (Ramaswamy) to "utterly awful" (Haley and Pence).
Too many economic commentators claim that monopolies are the cause of inflation. Austrian economic analysis shows that this is impossible.
Progressives have distinguished themselves in the past half century by being against progress. That trend is unlikely to change.
In the Gulag, political prisoners were systematically terrorized by ordinary criminals with the encouragement of the authorities. It was hoped this would help the regime liquidate the state's ideological enemies.
In a free society, political crimes like treason and "seditious libel" are few and far between. Under despotic regimes, on the other hand, political crimes multiply.
Leonard Read's famous "I, Pencil" explained the workings of the market in terms of the creation of a simple pencil. However, we should not forget that the reviled fossil fuels are involved at every turn.