Patrick Newman and Tho Bishop join the show to dissect The Betrayal of the American Right, which is both a critical history and a fascinating political memoir of Rothbard's own journey to libertarianism.
People must still compete for resources in a socialist economy. In fact, the competition is intense. On the other hand, thanks to markets, basic necessities—and even basic luxuries—are now more more accessible than ever.
Now that Cuban president Raul Castro has resigned the presidency of Cuba, will the US government lift its six-decade economic embargo against Cuba? Don't bet on it.
The central bank has basically destroyed the business of risk, and commercial real estate remains a looming disaster. As a result, banks aren't lending to regular people. The economy increasingly relies on little more than newly printed money.
It seems that governments want to convince us that they have saved the world when the reality is that the misguided lockdowns were the cause of the economic debacle and lifting them is the main cause of the recovery.
Medium of exchange and store of value are very different products.
The political climate that fostered panic and lockdowns a year ago is now changing. Legislatures are turning against governors and the public is no longer hysterical with fear. Politicians aren't sure what to do.
Jason Stanley's book on fascism is a jumbled mess which seems primarily to exist for the purpose of smearing everything Stanley doesn't like with the label of "fascism."
Don’t expect Fauci and his supporters to give up on insisting that New York and Michigan are doing "the right thing" while Texas and Florida are embracing "human sacrifice" as a part of a "death cult."
We all are too familiar with the approach to pandemics taken by governments at all levels in the US.
