U.S. Economy

While the creator of modern portfolio theory was awarded a Nobel Prize, that doesn't mean the theory isn’t flawed. In fact, it explains very little about investments.

In his latest defense of bloated military spending, President Joe Biden claims that the military budget creates real wealth. Instead, military spending is destroying it.

On this episode of Radio Rothbard, Ryan McMaken and Tho Bishop are joined by Mark Thornton to discuss Jerome Powell's most recent announcement.

Thanks to Federal Reserve intervention, apartments and apartment buildings have turned into giant malinvestments. Once again, a federal entity intervenes in markets presumably to make them work better, but things end in a crisis.

Nippon Steel's proposal to merge with US Steel is meeting opposition from the usual suspects in Washington, not to mention Tucker Carlson. Their hysteria is off the charts.

The Post-Keynesian School of Economics claims that business and personal debt create instability that sinks the U.S. economy. Private debt, however, is not the cause of boom-and-bust cycles.

While some of Tucker Carlson's recent broadside on free-market economics is mistaken, too many so-called Beltway Libertarians have endorsed interventionist policies that have had severe consequences.

Federal debt is soaring out of control, and perhaps it is not surprising that the CBO has not updated its forecasts with this debt uncertainty.

One of the biggest and most pervasive myths in modern-day economics is the myth of the omnipotence of the Federal Reserve.

Daniel Miller, founder and president of the Texas Nationalist Movement, joins Bob to discuss the exciting developments in the push for a referendum on Texas secession.