U.S. Economy

Ryan McMaken and economist Per Bylund discuss the nature of money in our paper-money world. Are Bitcoin and gold money? If not, how do they become money?  

Tom DiLorenzo appears on the Watchman Privacy Podcast.

Opinion polls and the latest electoral results are at odds with the facts as presented by mainstream media and government statistical offices. What is going on?

Thanks to the Fed's balance sheet and the Fed's policy on reverse repurchase agreements, it's hard to tell whether the Fed is being hawkish or dovish. 

Making it harder to do business with Americans is not the way to help domestic workers, small businesses, and everyone else in middle America who has already been getting ripped off under our current political system.

Pundits have labeled piggy banks small change, irrational and wasteful, “just sitting around doing nothing.” As usual, they are wrong.

Mark Thornton appears on Freedom Works! with Paul Molloy.

Economist Jonathan Newman joins Ryan to discuss how deficit spending and runaway debt is causing price inflation and higher interest rates. 

Ralph Raico presents the fundamental political problem of the twentieth century, which remains our fundamental political problem today: How can war—given its appalling destruction—be avoided?

The central pillar of the Keynesian system is that spending drives the economy, so savings on a large scale will push the economy into recession. As Austrians know, that narrative is entirely false and fails to accurately explain how the economy works.