When our ruling classes speak of “believing in democracy,” they are speaking of a romantic version of a form of governance that, in real life, is quite different than the sanitized version presented in our media.
Despite claims from progressive historians that US slavery was a natural outgrowth of a free market economy, the reality is that slavery would have been much costlier without governments—federal and state—subsidizing it. It is time to set the record straight.
The standard belief is that slavery was about obtaining “cheap labor,“ yet nothing could be further from the truth. Slavery comes with high opportunity costs, which is why American slave owners depended upon several government regulations to subsidize their “peculiar institution.”
When our ruling classes speak of “believing in democracy,” they are speaking of a romantic version of a form of governance that, in real life, is quite different than the sanitized version presented in our media.
How do we guard against misinformation when business firms join with government to promote things that simply are false? As Murray Rothbard noted, people still have reason and the free will to make decisions for themselves.
Despite claims from progressive historians that US slavery was a natural outgrowth of a free market economy, the reality is that slavery would have been much costlier without governments—federal and state—subsidizing it. It is time to set the record straight.
While we experience the predictable economic consequences of bad economic policies, the two main presidential candidates seem to be competing in an unspoken contest to demonstrate profound economic illiteracy. Unfortunately, whoever wins in this contest, we lose.
How do we guard against misinformation when business firms join with government to promote things that simply are false? As Murray Rothbard noted, people still have reason and the free will to make decisions for themselves.
Dr. Jonathan Newman joins Bob to analyze Kamala Harris's proposals against price gouging, and how some mainstream economists defend Government price controls.
The court intellectuals who want conflict with China pose a grave threat to America.
