While people who “prep” for disaster (called preppers) are ridiculed by political elites and their media, their actions are perfectly rational. In this article, economist Mark Thornton explains why prepping for natural disasters makes economic sense.
The current population dearth in China, Japan, and the West has somewhat cooled the demand by elites that governments "control population." However, past population control efforts by governments already have created serious consequences for the future.
Socialists never give up trying to prove that socialism can maintain a functioning economy. Some have dragged out a nearly forty year old study as their exhibit A.
Ryan and Zach take a look at how the Pentagon is now lobbying for a "national defense industrial strategy."
Socialists never give up trying to prove that socialism can maintain a functioning economy. Some have dragged out a nearly forty year old study as their exhibit A.
"Government" and "state" are terms typically used synonymously these days. But good governance and good law do not require the presence of the state and its monopoly power.
Despite what many elites believe, AI can do many things, but it cannot successfully plan an economy. It lacks the intelligence of an entrepreneur.
On this episode of Radio Rothbard, Ryan and Tho talk about the Chinese economy.
China rose from poverty after the Mao years only because its political leadership embraced private property and a market economy. Unfortunately, today the Communist leadership is moving back to socialism.
