A rising price of gold and silver in US dollars, euros, Chinese renminbi, Japanese yen, etc. means this: the higher the price of this precious metal, the lower the exchange value of official currencies.
It does not bode well for our society when proposals to simply expropriate property are becoming more and more prevalent and discussed with more seriousness.
Bob explains some of the highlights of his newly released chapter for the Mises Institute book on “Understanding Money Mechanics.”
Dr. Robert Murphy joins Jeff Deist to breakdown Rothbard's exposition of money in an Austrian framework.
Dr. Gabriela Gomes joins the show to discuss how herd immunity thresholds are estimated, and why she thinks classic models are flawed and must incorporate a measure of variation in individual susceptibility.
Pennsylvania is telling hospitals to distribute covid-19 drugs based on race. Those from "disadvantaged communities" get the drugs first.
A recent article authored by Dr. Norman Wang on the history and current state of affirmative action programs in medical schools and cardiology departments has led to a storm of controversy and to Dr. Wang’s demotion as fellowship program director.
There are many reasons we should be skeptical of the GDP statistic. But it is nonetheless important to understand how it is calculated.
Central bankers are saying two things at once. First, they say that negative interest rates are a natural historical development. But then they say negative rates are an essential tool central banks are using to manipulate the economy.
George Reisman talks with Bob Murphy and shares anecdotes about his experiences with Mises and Rand.
