Bob Murphy Admits Steve Patterson Was Right about the Problems with Infinity
Bob has Steve Patterson back on the show, to concede that Steve’s skepticism of higher mathematics was right all along. Specifically, Bob explains how his recent discovery of a theorem from Riemann showed that something is indeed rotten in the
Knowledge in the Service of a Political Agenda is Biased
The Dawn of Everything: A New History of HumanityBy David Graeber and David WengrowFarrar, Straus and Giroux, 2021Xii + 692 pages The Dawn of Everything, which has already attracted much scholarly attention and is a best seller as well, should be
Socialist Economies Are Impossible: Lessons from Russia, 1917–22
A little over one hundred years ago, the Austrian economist Ludwig von Mises started arguing that a socialist economy is impossible. In the turbulent years following the 1917 Bolshevik coup in Russia, Vladimir Lenin tragically proved him right in real
Sound Economics in a Confused World
Saifedean Ammous hosts the podcast The Bitcoin Standard where he discusses bitcoin and economics from the Austrian school perspective. He is assistant professor of economics at the Lebanese American University and is the author of several books, including The Bitcoin
Luca Dellanna on the Power of Adaptation: Managing Complexity Every Day
The terminology of complex adaptive systems sounds academic and abstruse, but the subject is not: it’s about the real-life, in-your-face problems and challenges that face a business every day. The secret to solving the challenges of complexity is adaptation. Luca
Security Breach of PM Modi – A Brief Analysis
On the 5th of January, 2022; a huge controversy erupted. PM Narendra Modi was forced to wait for 20 minutes on a flyover when he was enroute to the National Martyr’s Memorial at Hussainiwala. Due to this, the Prime Minister
European Government Expansion Did Not Expand the Job Markets
For the past two years, governments in the European Union have engaged in contradictory actions by both suppressing economic growth through lockdowns and other covid-19 restrictions and simultaneously trying to “stimulate” their economies through monetary expansion by the European Central
Down with Primitivism: A Thorough Critique of Polanyi
Karl Polanyi’s The Great Transformation is a farrago of confusions, absurdities, fallacies, and distorted attacks on the free market. The temptation is to engage in almost a line-by-line critique. I will abjure this to first set out some of the
The Covid Panic Brought Even More Economic Zombification
More and more economists and finance specialists are warning of the potential arrival of a new “Minsky moment.” The last time this term was used with such conviction was in 2008 at the onset of the Great Recession. It seems that 2021–22 could have
Anthony Fauci: Master of Medical Crony Capitalism
The Real Anthony Fauci: Bill Gates, Big Pharma, and the Global War on Democracy and Public Healthby Robert F. Kennedy Jr.Skyhorse Publishing, 2021; 449 pp. The Real Anthony Fauci is an iconoclastic book which slays enough sacred cows to keep McDonald’s