Bye Bye Willie: The Political Rent-Seeker
Intellectual property laws provide another example of how government stifles innovation and competition.
Intellectual property laws provide another example of how government stifles innovation and competition.
While the “Great Reset” involves an unholy alliance between governments and big businesses, implementing its policies is impossible without central banks suppressing interest rates. Now that rates are rising, people are finding firsthand the real costs of the “Great Reset.”
In his review of Claes G. Ryn's The Failure of American Conservatism, David Gordon points out that Austrian economic methodology is not a value-laden Jacobin experiment, but rather a workable explanation of how a successful economy works.
Joe Salerno joins Bob to discuss the mainstream's focus on "rules vs. discretion" in monetary policy.
On this episode of Radio Rothbard, Ryan and Tho look at the growing tensions between the State of Texas and the Biden administration.
Government efforts to expand “aggregate demand” involve new spending and money creation. In reality, these activities destroy wealth in the name of expanding it.
As the recent election of Javier Milei in Argentina shows us, there still is a place in the political world for libertarian thinking. Liberty is a goal still worth pursuing.
Since Adam Smith, economic thinkers have failed to understand that profits in a market economy are not extractions of wealth from laborers. In truth, profits lead to higher wages and higher living standards for those workers.
By borrowing money and “creating” new jobs, the government is creating the illusion of a strong economy. This does not end well.