Podcast

The true cost of covid-19 lockdowns has become so apparent that even WHO officials must now admit these policies lead to mass impoverishment and immense cost in terms of human lives and human health.

Mises in 1944: "The German and the Russian systems of socialism have in common the fact that the government has full control of the means of production."

It seems the reach and influence of central banks has never been higher, yet they are increasingly flying blind in an environment where central bank tools are growing ever more imprecise and dangerous.

Hans-Hermann Hoppe has shown in his writings that democracy leads to economic impoverishment and political disaster under certain conditions. But what are those conditions, and are they dominant in electoral institutions in the United States today?

India's parliament has recently passed new reforms to its long-standing interventionist regime which limits farmers' ability to buy and sell goods. These reforms are badly needed.

In an unhampered economy, stock prices would reflect the availability of savings for investment and capital. But in an inflationary economy, rising stock prices suggest something very different.

Money printing—even at a constant rate—is going to generate the same result as any other money printing. The reason lies in the fact that money creation transfers wealth from productive to unproductive enterprises.

Politicians have ignored the threat to small businesses that are failing not because their owners used the wrong strategies, but have been destroyed by the misguided and ineffective forced shutdown.

In Japan, huge social security expenditures have been simply monetized by the Bank of Japan at the expense of the overall welfare and the economic prospects of Japan’s youth.