Per Bylund on the Importance of the Austrian School
Per Bylund is Associate Professor of Entrepreneurship at Oklahoma State University. He discusses three of his current book projects, all touching on various aspects of the Austrian School and its continued importance. Mentioned in the Episode and Other Links of Interest: Per
“They Said What?!” John Lennon edition
Bob unveils a new recurring series, in which he gives the context of infamous quotations. In this episode, he covers two allegedly shocking quotes from John Lennon, John Maynard Keynes' "in the long run we're all dead," Trump on Nazis
What Made Rothbard Great
If you don’t mind, I am going to do what men of my age do from time to time, and that is tell you war stories—usually insufferably boring for younger people, but occasionally enlightening if you find that perhaps you
Savings Are the Foundation of Economic Growth
Most commentators’ regard savings as harmful to economic growth on the ground that savings are associated with fewer outlays. These commentators portray economic activity as a circular flow of money. Spending by one individual becomes part of the earnings of
Government “Stimulus” Keeps Having a Diminishing Effect
The United States economy recovered at a 6.5 percent annualized rate in the second quarter of 2021, and gross domestic product (GDP) is now above the prepandemic level. This should be viewed as good news until we put it in the context
Unrest in South Africa
South Africa is battling its worst riots since the end of the Apartheid in 1994. Instability, unrest and violence are currently dominating political discourse in South Africa and the severity of this situation has evoked concern from all across the
Kinnaur’s Hydroelectric Projects: Are they really fulfilling the development they promised?
Hydroelectricity, today, has become one of the most popular sources of power generation in India. Considering the environmental hazards and the non-renewable nature of resources like coal, it was imperative for the country to adapt to newer, cleaner ways of
End the Shutdown, Again
Sixteen months ago, in March 2020, we argued for an end to government-imposed shutdowns of businesses, schools, churches, restaurants, and events due to the covid virus: The shutdown of the American economy by government decree should end. The lasting and far-reaching harms
The Role of Intellectuals and Anti-intellectuals
The state is the great fictitious entity by which everyone seeks to live at the expense of everyone else. —Frédéric Bastiat Let me begin with the definition of a state. What must an agent be able to do to qualify as a
Unmasking the Latest Bipartisan (and Dangerous) Climate Bill
It is summer in the United States, which means temperatures are hot and western forests and grasslands are burning—as has been the case as long as people have lived here. In our current age, however, in which there is alleged