2023: You Wanted Endless Stimulus, You Got Stagflation.
After more than $20 trillion in stimulus plans since 2020, the economy is going into stagnation with elevated inflation. Global governments announced more than $12 trillion in stimulus measures in 2020 alone, and central banks bloated their balance sheet by
4 Ways to Make Congress Great Again
On this episode of Radio Rothbard, Ryan McMaken and Tho Bishop are back for 2023, savoring the chaos in Congress. As the House Republican rebellion threatens to keep Kevin McCarthy from gaining the speaker's gavel, Ryan and Tho look at
Southwest’s Meltdown Reminds Us We Must End Airlines’ Corporate Welfare
Southwest Airlines experience an enormous meltdown over the Christmas holiday week last month, cancelling thousands of flights, and losing track of—or outright losing—countless pieces of luggage. The airline was full of excuses, of course. As has become fashionable for government
History Shows High Inflation Can Last Over Ten Years
Wall Street has convinced itself that the Fed will soon engineer a "soft landing" by bringing down inflation without an accompanying recession. They need to rethink their beliefs. Original Article: "History Shows High Inflation Can Last Over Ten Years" This Audio Mises
For Now, Innovation and Entrepreneurship Still Holds a High Place in the USA
Commentators worry that the United States might lose its dominance in innovation to Asian countries like China and Singapore. Many policymakers are intimidated by the R&D budgets of Asian countries and by their superior performance on international academic assessments. However, these
You’ve Got to Be Kidding: Professor Demands Animals Stop Eating Each Other
University of Chicago professor Martha C. Nussbaum wants to save the world by preventing animals from eating each other in the wild. David Gordon (after pulling himself off the floor) comments on her proposal. Original Article: "You've Got to Be Kidding:
Do We Need a New Monroe Doctrine?
We know that "bring the troops home" is too much for America's foreign policy establishment. But if they can't handle that, a good first step would be to at least "bring the troops home" to the western hemisphere and the
Globalization, Not Globalism: Free Trade versus Destructive Statist Ideology
After the 2008 financial crisis, calls rang out across establishment publications and the executive offices of Wall Street that we were witnessing the death of globalization. The calls grew louder and more numerous after Brexit, the election of Donald Trump,
Ferdinando Galiani, an Italian Precursor to the Austrians
[From the Austrian Economics Newsletter, Spring 1987] The Austrian School of economics did not develop out of thin air. It built upon the work of a number of other economists and philosophers going back as far as Aristotle. Among the precursors
Private Security: An Effective Method to Prevent Being a Crime Victim
As crime rates rise and government policing fails, more and more people are turning to private security, which is more effective in preventing crime than government police. Original Article: "Private Security: An Effective Method to Prevent Being a Crime Victim" This Audio