BUDGET 2021 :- ARGUABLY THE BEST
Alas, the most important stream of the year is out “Budget 2021” was one of the biggest market mover than all of the preceding budgets. So I think the major news was the fiscal deficit was around the 3x that
Politics and Ideas
In the Age of Enlightenment, in the years in which the North Americans founded their independence, and a few years later, when the Spanish and Portuguese colonies were transformed into independent nations, the prevailing mood in Western civilization was optimistic.
The New Right is All about the Left
The ironic thing about Michael Malice's book The New Right: A Journey to the Fringe of American Politics is that it mostly deals with the Left. What unites the Right, argues Malice, is that they all hate the Left. His
The Burmese Mess Demonstrates the Incoherence of America’s Crusades for Democracy
An underlying theme throughout elite circles in government, media, and culture during the previous four years of the Trump administration was the overwhelming sense that the entire experience was some kind of unholy aberration. Somehow this buffoonish ogre had come to
Turning the Word Upside Down: How Cantillon Redefined the Entrepreneur
Abstract: The word entrepreneur originally meant someone who is active, risky, and even violent. In the sixteenth and seventeenth centuries it was used to denote a contractor who built large structures and fortifications for the government or provided supplies for
Germany’s Inflation Tax and the Rising Cost of Living
Since the introduction of the euro, officially measured consumer price inflation in Germany has not made any great leaps. It has averaged 1.5 percent per year. It reached its highest value in 2008 at 2.8 percent and its lowest value
Gold Could Offer a Way out of Switzerland’s Failing Inflationist Experiment
Never mind that the US Treasury’s indictment late last year of Switzerland as a currency manipulator rested on some flawed evidence and does not identify the crime. The clash between Washington and Berne marks another episode in this alpine nation’s
Jeff Deist on the GameStop Saga
Jeff Deist joins David Gornoski to talk about the GameStop Wall Street Saga. He highlights how the media narrative seeks to manipulate the masses to view Reddit traders as fascistic and Hedge Funds as the victims. Is there really any
Rothbard’s Case Against the Fed
Dr. Mark Thornton joins the show to discuss what might just be Murray Rothbard's best book on money and banking: The Case Against the Fed. Written not long before his untimely death, this work is nothing less than a master
How the American Revolution Turned North American Foreign Trade on Its Head
[Chapter 1 of Rothbard's newly edited and released Conceived in Liberty, vol. 5: The New Republic: 1784–1791.] After peace came in 1783, the new republic faced a two-fold economic adjustment: to peacetime from the artificial production and trade patterns during the war,