Podcast

Mark Thornton discusses the history of record low unemployment rates and the business cycle.

There is an undeniable negative trend in European employment and wages that is a direct consequence of constantly increasing intervention in the economy.

The imposition of minimum wages harms the economy, although there are nuances in how much harm they cause. It is better not to impose minimum wages at all.

All people of goodwill have an obligation to fight the escalation of politics in American life. 

All too often we are told that government employment equals selflessness and working for profit constitutes greed. It's time to reassess the meaning of certain words.

The only reason central banks buy gold is to protect their balance sheets from their own monetary destruction programs; they have no choice but to do so.

Will the Fed be successful with its "Immaculate Disinflation"?

Jeff makes the case for viewing today's economy as quite unlike that of 2007—due to steady increases in CPI, more fiscal stimulus relative to monetary stimulus, and ongoing supply shock issues from covid.

Forget minding your own business. Ours is the age of invasive politics, demanding we take sides no matter how much we would like to be left alone.

Inflation at an annual rate of 5 percent is not a positive, and it is certainly not falling prices. Inflation is accumulative, and this means we are becoming poorer faster.