Politics

While her record is hardly perfect, Judy Shelton has been a rarity among monetary economists: an advocate for gold and sound money.

Milton Friedman’s commitment to statistical analysis led him vehemently to oppose the economics of Ludwig von Mises and Friedrich Hayek, whom he regarded as the purveyors of a priori, “unscientific” theorizing.

The mentality of Build Back Better is not just confined to the US. Around the world, governments are resorting to the ancient tradition of using massive amounts of resources to build things that glorify the state, not add to the economy.

Politicians will invoke the venerable just war theory when they believe they can manipulate the facts in their favor. In truth, it is the rare government that engages in a justified conflict.

For most Americans, the debate is about what size the welfare state should be. But why is there a welfare state at all? 

Unfortunately, these assaults on the First Amendment continue to find support even among people who pretend to be in support of freedom and opposed to federal power.

Despite the media definitions of the Trump trial as a “hush money trial,” the actual criminal charges are contrived and legally unprecedented. This is a show trial.

On this episode of Radio Rothbard, Ryan and Tho discuss a recent op-ed from a trio of octogenarian former Republican senators lamenting the state of the GOP.

Politicians, bolstered by economic quackery such as modern monetary theory, believe they face no fiscal constraints as they impose their visions upon us. But costs are real things and economic, reality sooner or later sets in.

Contrary to the drumbeat from political, media, and academic elites, capitalism improves the lives of ordinary people. Socialism receives favorable publicity but fails wherever it is implemented.