The reaction to Biden’s cancer announcement reveals how little trust the public has in the people who spent years claiming that Biden’s mental decline was fabricated by right-wing propagandists. That lack of trust is well deserved.
President Trump has invoked the ancient fallacies of mercantilism in fashioning his protectionist trade policies. We will find that mercantilism is just as harmful today than it was hundreds of years ago when it first became Britain‘s national policy.
Robert Kennedy‘s Make America Healthy Again (MAHA) crusade is being promoted as a government-led effort to eliminate health hazards in food and medicine. However, MAHA depends upon government overreach, which ultimately will undermine any good MAHA does.
Academic scholars tend to use Marxian terms when pointing out what they see as conditions of “oppression,” believing that race and class determine outcomes. However, the real world is not so abstract and things often are not what Marxists believe to be true.
Alex Tabarrok joins Bob to break down Trump’s drug price executive order, price controls, and the real economics behind Big Pharma and healthcare innovation.
Karl Marx still is revered by modern academics as a prophet. However, given Marx‘s penchant for making false predictions, at best he would be a false prophet, someone whose word cannot be trusted.
People often confuse economic growth with growth in the stock market, but while these two things can be related, that is not always the case, especially during inflationary times.
While Austrian economists have engaged Modern Monetary Theorists on economic terms, one should not forget that this theory promotes totalitarian governance.
With all of the current angst about tariffs and other issues, it is easy to forget that there are missile silos around the world with weapons that can destroy the world as we have known it. All that is needed to set off a holocaust is one bad decision.
The antebellum abolitionist movement ranged from peaceful abolitionist societies in the South to groups in New England advocating violence and bloodshed. Unfortunately, the nation‘s political leaders chose to end slavery through violent means.
