Podcast

During April 2022, year-over-year money supply growth was at 7.23 percent. That's down from March's rate of 7.41 percent and April 2021's rate of 36.8 percent.

The Federal Reserve is raising interest rates in hopes of reversing some of the inflationary damage it has done for more than a decade. Unfortunately, the Fed already has done incalculable damage to the economy.

Though Kuttner thinks the New Deal a great success, he himself lays out some of its many problems.

Progressives have long pushed for a state dominated by a new class of "scientific" experts who are supposedly nonpolitical and pursuing only "good government." It's a fantasy many people still believe. 

Forget the notion that the Fed "fights inflation." In fact, the Fed exists to promote inflation.

Do technology and machine learning portend an end to scarcity and a solution to monetary policy? Jeff and Bob discuss. 

Totalitarian societies do not become that way overnight. There are recognizable signs and stages which show how a society slides into that abyss.

The theory of real business cycles won a Nobel Prize, but it ultimately confuses cause with effect.

The Fair Tax is a supposed alternative to the income tax. But the name does not matter, since a tax is still a tax.

Inflation is at a forty-year high, fuel prices are wreaking havoc, and there's no end in sight. Time for Biden to tell us how good we have it.