U.S. Economy

Bernanke and the other macro wizards will just so happen to find that their models point them toward bailing out the major bankers and other politically connected titans of finance.

Discarding the possibility of a change in public labor policy, the only means of restoring equilibrium in the labor market is through a sustainable increase in aggregate demand for labor — an increase in private investment.

This is the sense in which our fiat-money, fractional-reserve system uses "debt-based money."

The bottom line is that, for today's 21-year-old, Social Security is a negative return.

Rothbard sees much of economic history as a product of government interventions in the market.

Jefferson believed that peaceful coercion was the perfect republican solution to the worsening commercial crisis.

It doesn't make the country richer when politicians spend money they don't have.

The Depression is supposed to be Exhibit A of the alleged instability of the free market left to its own devices, while the New Deal represents the indispensable corrective power of the state.

The United States imposes import quotas that substantially raise domestic sugar prices, harming domestic consumers to benefit politically powerful domestic sugar producers.

Looks at causes of the 1929 crash and ensuing depression, with lessons for today. Recorded at Mises University 2010.