U.S. History

Without a coherent theory, it is not possible to begin to understand the causes of business cycle and no amount of data torturing by means of the most advanced mathematical methods will do the trick.

The founders of the new constitution proposed a cynical end run around state legislatures in order to improve the odds of ratification.  The "founding fathers" increasingly abandoned established law, justifying it with claims of a "national emergency."

American journalists and academics have invented a fairy tale in which "free market orthodoxy" has dominated political thinking in America for the past forty years. This is not even slightly true, but pundits repeat the lie again and again.

Austrians do not question booms because they don’t like prosperity or because they have character defects. Rather, Austrians understand that booms involve lines of investment in areas of production that cannot be sustained.

By mid March—when barely 12 percent of the population had been vaccinated—total excess mortality was back within 1 percent of 2019 levels. In other words, the number of deaths in the US is collapsing back to where it was before the official start of the pandemic. 

American journalists and academics have invented a fairy tale in which "free market orthodoxy" has dominated political thinking in America for the past forty years. This is not even slightly true, but pundits repeat the lie again and again. 

Autoethnographies place the self within a social, historical context. In this one, Michael Rectenwald approaches the free market from the standpoint of his own experience.

Patrick Newman and Tho Bishop join the show to dissect The Betrayal of the American Right, which is both a critical history and a fascinating political memoir of Rothbard's own journey to libertarianism.

Now that Cuban president Raul Castro has resigned the presidency of Cuba, will the US government lift its six-decade economic embargo against Cuba? Don't bet on it.

The nationalists at the Constitutional Convention had so far carried the substance of their program: the creation of a supreme national government and a Congress empowered to veto state laws whenever Congress thought the states "incompetent."