Despite its many logical flaws, Marxism remains popular in many academic and political circles. However, Marx‘s Labor Theory of Value still undergirds the entire Marxian structure, and debunking it destroys his entire system.
Bob argues that the only way to cripple Mexican drug cartels is through US drug legalization.
Remittances—financial transfers from migrants to their home countries—are often lauded as a driver of economic growth in developing nations. While remittances provide short-term relief for recipient households, their overall impact on economic growth remains questionable.
Amazon faces endless criticism—some fair, some absurd. Is it really an anti-worker behemoth, or is the union fight just another sign of its success? Mark Thornton breaks it down.
Organized labor, which long has been the bedrock of the Democratic Party, is being courted by the MAGA Republicans trying to bolster their image with the “working classes.” But labor unions are no true friend to the working class.
Mainstream economists and the media “warn” us about the dangers of “income inequality.” But is income inequality really an economic and social problem, or is this yet one more false crisis ginned up by intellectual and governing elites?
Jonathan Newman appears on the show to discuss Bob's recent debate on ZeroHedge, which centered on Austrian economics versus Modern Monetary Theory (MMT).
A new study at UC Berkeley claims that California‘s new $20 minimum wage has had no adverse economic effects. If only that were true.
Everyone wants to protect children and what better way to do that than having labor laws that keep young children out of the workplace. But the benefits to children are not as cut-and-dried as labor law supporters would have us believe.
Bob walks through diagrams from Hayek's famous LSE lectures to explain the Austrian view of the boom-bust cycle.
