Dr. Murray Sabrin shares his story of how he became an Austrian economist and discusses his analysis predicting a recession later in the year. Tho and Dr. Sabrin also talk about this week's anniversary of Nixon closing the gold window.
After governments create crises, they use those crises to seize new powers. After the crisis subsides, governments give up some, but not all, of their new authority, which we call the ratchet effect.
Rothbard on the American Revolution: "There was no particular need for the formal trappings and permanent investing of a centralized government, even for victory in war."
Contrary to the government's line that "inflation hurts everyone," inflation really is a wealth transfer from those without political power to the politically connected.
While Americans believe the First Amendment protects their speech, the US government and mainstream media have joined together to suppress speech that does not coincide with government policies.
Study of business cycles must be based upon a satisfactory cycle theory. Gazing at sheaves of statistics without "pre-judgment" is futile.
By corrupting the meaning of inflation, mainstream economists have given a false picture of what happens when monetary authorities expand the money supply. Mises and Rothbard understood.
Professor Quinn Slobodian believes that free markets must lead to tyrannical worker exploitation, and socialism is the only solution. In truth, market competition is the answer.
In Continetti’s opinion, the excesses of populism are particularly to be feared, especially when people have the audacity to oppose war.
The use of interstate compacts by US states shows that the states don't need the federal government to dictate or manage interstate relations.
