The Sociology of the Ayn Rand Cult
The rereading of Atlas was ... important to the cult because the wooden, posturing, and one-dimensional heroes and heroines were explicitly supposed to serve as role models for every Randian.
The rereading of Atlas was ... important to the cult because the wooden, posturing, and one-dimensional heroes and heroines were explicitly supposed to serve as role models for every Randian.
Guido Hülsmann joins Bob to explore the newly digitized Ludwig von Mises archives at Grove City College, revealing lost correspondence, Mises’ personal battles against socialism, and more.
More than a century ago, Congress created the Federal Reserve System to intervene in the American economy. Not even the biggest critics of the central bank‘s formation could have predicted the economic disasters it brought about.
Activists in Illinois and Indiana are talking about changing the state borders so separatist Illinois counties can join Indiana. As you'd expect, many politicians hate the idea.
President Trump claims that tariffs built American wealth. The truth is that tariffs cannot build wealth at all, only destroy it.
Can Donald Trump and Elon Musk actually change the direction of government growth and spending? The proverbial Overton Window does not stay open very long.
President Trump has announced his intentions for the government to set up a sovereign wealth fund. However popular the idea might be, it runs headlong into the realities of economic calculation and would soon deteriorate another government slush fund.
The Southern Reconstruction, while portrayed by progressives as virtuous northerners trying to rebuild the South, was actually an attempt to use state power to direct social and economic life there.
The gold in the US gold reserve is a legacy of the time the US government refused to keep its promise to redeem dollars in gold, and when it reneged on its legal obligations to repay debts in gold.
J.B. Say deserves to be remembered, especially by Austrian economists, as a pivotal figure in the history of economic thought. Yet, one finds him discussed very briefly, if at all.