“The General Theory was published in 1936 and Hayek decided not to respond directly. In making this decision, Hayek committed what many defenders of the free market system consider to be one of the major tactical errors of this century.”
James Burnham's The Managerial Revolution: What is Happening in the World explains both the populist Trump revolution and the Deep State response, despite being written in 1941. Edward Welsch joins Jeff Deist for a thorough discussion of Burnham and his most influential work.
MacMillan's book provides many insights into the true vileness of war, although she strays into some dangerous areas when she accepts the faulty economic notion that wars bring economic benefits through government spending.
Jeff Deist details the good, bad, and ugly of a book on the history of the Austrian school, written by a left-progressive historian from a critical perspective.
Matt Spivey continues the pioneering work of Paul Cantor and Stephen Cox in bringing sound economics to the analysis of literature.
"The race to zero [carbon emissions] would have to be coordinated through control measures—rationing, reallocating, requisitioning, sanctioning, ordering" and much more.
Matt Spivey continues the pioneering work of Paul Cantor and Stephen Cox in bringing sound economics to the analysis of literature.
In this outstanding study, Stephen Wertheim shows that both views that dominate American foreign policy are wrong. In doing so, he vindicates for our time the merits of a noninterventionist foreign policy.
Can newly issued currency be used to pay for public works, health care, college, entitlements, and guaranteed jobs? If it sounds too good to be true, it is—and Dr. Murphy joins the Human Action Podcast to explain why.
Before I had read less than a hundred pages of this book, I surmised that the author was not an economist and definitely not an economist who had any “Austrian School” affiliation. Instead, I was sure he was an historian.
