In a slave economy, slave owners seek technological innovations that make slave labor more productive. But they also place inefficient and artificial limits on innovations that might change the established social order.
The new progressive world order is little more than the latest version of the socialist revolutions pushed in the Old World. But this agenda is cloaked in promises of "efficiency" and "sustainability."
Today, those with a modicum of judgment and respect for their pocketbook are heading anywhere that is not named California, attempting to flee the incompetent mismanagement of Governor Gavin Newsom.
The film Black Panther offered an attractive view of an African nation untouched by slavery or colonialism. Unfortunately, the film offers a rather dubious counterfactual.
Bob offers his commentary on the movies “The Hunt” and “The Purge”—both produced by Blumhouse Productions—and focuses on whether The Purge storyline offers a challenge to Rothbard’s depiction of anarcho-capitalism.
Jayant Bhandari joins the show to discuss Hoppe's controversial thesis concerning monarchy and democracy. This is a must-listen show for anyone interested in Hoppe's most famous work and its application to the problems western states face today.
An individual’s demand is constrained by his production of goods. The more goods an individual produces, the more of other goods he can secure for himself.
In contrast to the classical cost (labor) theory of value, the so-called marginal revolution ushered in the modern, subjective theory, whereby market price is determined by the marginal utility of a good.
