Unemployment

Ideologues seldom give way to the facts.

On this episode of Radio Rothbard, Ryan and Tho are joined by Mises Senior Editor Bill Anderson to discuss his recent article, "David French Gets to Sit with the Cool Kids at the NYT Lunch Table."

Ryan and Tho discuss the role statistics play in promoting the regime.

Ever since the Luddites rampaged through British textile factories in the early 1800s, people have feared that technology will result in mass unemployment. They were wrong then and are wrong now.

Mark Thornton discusses the history of record low unemployment rates and the business cycle.

There is an undeniable negative trend in European employment and wages that is a direct consequence of constantly increasing intervention in the economy.

It's only a good time to be a worker in America if one confuses falling real wages and falling full-time employment with robust employment conditions. 

Economic factors are only some of the reasons why men are leaving the workforce. The decline of marriage has also lowered the supply of workers by lessening incentives for workers.

While behavioral economics claims to be an effective way of measuring individual economic behavior, it actually sets back authentic economic analysis.

Unemployment remains low but for the wrong reasons. Low unemployment rates are not a sign that the economy is doing well.