Podcast

The only critical thinking in modern academia that stands out, is criticisms of capitalism—real and imagined.

Paul Cwik revisits the podcast to explain his new book, which aims to simplify ABCT for economics students and professors.

On this episode of Radio Rothbard, Ryan McMaken and Tho Bishop are joined by Patrick Newman.

Tom Luongo explains the different factions among bankers, including rivalries between New York and San Francisco, and the US versus Europe.

John Maynard Keynes was an English “economist” who spawned a revolution in economic thinking that emerged out of a cesspool of socialist thinking in Britain.

The Perfect Market Hypothesis claims that all movements in the market can be considered as random, as market players and prices adjust immediately to new information. However, market players do seek new information and seek to use it.

The standard belief is that slavery was about obtaining “cheap labor,“ yet nothing could be further from the truth. Slavery comes with high opportunity costs, which is why American slave owners depended upon several government regulations to subsidize their “peculiar institution.”

Politicians have long claimed that states are like big families, and that political regimes rule in ways similar to how parents raise their families. This is nonsense. 

It is understood that Marx's theories stand entirely upon his Labor Theory of Value. If that theory is discredited, so is the scenario that leads to the inevitable triumph of communism. That fact, however, doesn't stop Marx's disciples from employing other fallacies.

On this episode of Radio Rothbard, Ryan McMaken and Tho Bishop are joined by Aaron Sobczak of the Quincy Institute for Responsible Statecraft.