The failure of mainstream economics to teach real economics, as opposed to contrived “models” of market failure and central macroeconomic planning, is why Mises University has been so successful and so helpful in the war of ideas and the battle for freedom.
Central banks intervene in order to “create demand,” and then they intervene in order to try to mitigate the damage they caused earlier. This is a never-ending scenario of economic destruction.
Mainstream economists insist that data alone can explain economic events, permitting them to test economic theories. In truth, without sound theory, data is meaningless.
While her record is hardly perfect, Judy Shelton has been a rarity among monetary economists: an advocate for gold and sound money.
The estimated unfunded Social Security and Medicare liability is $175.3 trillion. If you think that will be financed with taxes “on the rich,” you have a problem with basic math.
Mark Thornton shares several ways we can fight the Fed's price inflation.
Contra critical theorists, who claim human reason is nothing more than a social construct, reason is both understandable and universal. We cannot abandon it, for if we do, we abandon liberty itself.
Government schooling advocates are demanding that homeschoolers be regulated by public school authorities. Perhaps homeschooling advocates should be monitoring the government.
Professor Garett Jones joins Bob to discuss his book, detailing the impact that immigrants' culture has on the institutions of their new home.
Milton Friedman’s commitment to statistical analysis led him vehemently to oppose the economics of Ludwig von Mises and Friedrich Hayek, whom he regarded as the purveyors of a priori, “unscientific” theorizing.
