Category Archive: 6b) Austrian Economics

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The Redistributive Effects on Monetary Policy

2024-02-19

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2024-02-19

Recorded in Tampa, Florida, on February 17, 2024. Special thanks to Liberty Villages and the Shrader family for sponsoring this event.

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Who Benefits from Inflation?

2024-02-19

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2024-02-19

Recorded in Tampa, Florida, on February 17, 2024. Special thanks to Liberty Villages and the Shrader family for sponsoring this event.

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Welcome: Inflation: Causes, Consequences, and Cure

2024-02-19

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2024-02-19

Recorded in Tampa, Florida, on February 17, 2024. Special thanks to Liberty Villages and the Shrader family for sponsoring this event.

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Massive Money Printing Will Accelerate as Debt Soars

2024-02-19

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2024-02-19

The U.S. federal government published a December deficit of $129 billion, up 52% from the previous year. The private sector recession is clear as expenses continue to rise while tax receipts decline. If we look at the period between October and December 2023, the deficit ballooned to a staggering $510 billion. You may remember that the Biden administration expected a significant deficit reduction from its tax increases and the expected benefits of...

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The Left’s Assault on Language Is an Assault on Freedom

2024-02-19

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2024-02-19

George Orwell wrote, “The slovenliness of our language makes it easier for us to have foolish thoughts.” More colorfully and in a similar vein, it has been said that blurry words carry deplorable thinking the way mosquitoes carry malaria. It behooves us all to pay attention when people use words deviously or manipulatively not to inform but to conceal. How can people who are intolerant and authoritarian at every turn call themselves “liberal”? How...

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To the European Union: Don’t Tread on Us

2024-02-19

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2024-02-19

According to the latest polls, Europeans are expected to vote for political forces leaning toward the right side of the spectrum, often with euro-skeptic tendencies. We are talking about nine member states where these forces might emerge victorious, and another nine where they are projected to secure second and third positions. So, what path has the European Union taken to cause such significant dissatisfaction and a desire for such a radical...

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An Open Letter to Walter E. Block

2024-02-18

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2024-02-18

Block’s call for total war and the indiscriminate slaughter of innocent civilians in Gaza is the complete and uninhibited rejection and renunciation of the nonaggression principle that constitutes one of the very cornerstones of the Rothbardian system. Original Article: An Open Letter to Walter E. Block

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Legacies of Injustice and Racial Inequality

2024-02-18

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2024-02-18

Progressives argue that free markets stand in the way of economic and racial equality. In fact, free markets are the only vehicle that can help make people more equal. Original Article: Legacies of Injustice and Racial Inequality

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Understanding the Trump Phenomenon: It’s Not What the Elites Think

2024-02-18

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2024-02-18

Political and economic elites predicted a doomsday scenario when Trump was elected in 2016, but the reality of his presidency didn’t come close to matching the apocalyptic rhetoric that accompanied it. Original Article: Understanding the Trump Phenomenon: It's Not What the Elites Think

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Fiscal Rules Do Not Undermine Investment, But Government Profligacy Does

2024-02-18

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2024-02-18

In the wake of the financial meltdown fifteen years ago, some countries placed strict limits on piling on public debt. Despite cries that this harms investment opportunities, the ”debt brakes” have worked well. Original Article: Fiscal Rules Do Not Undermine Investment, But Government Profligacy Does

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The Fed vs. the Real Economy

2024-02-17

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2024-02-17

In the old days, the Federal Reserve operated in obscurity "behind the curtain". Today, they are front-and-center for the stock market. Total credit card debt in the US is now over $1.1 Trillion. In this episode, Mark looks at the disconnect between the Fed, the stock market (featured in the last episode), and the Real Economy. Be sure to follow Minor Issues at Mises.org/MinorIssues. Get your free copy of Dr. Guido Hülsmann's How...

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Human Rights and the Public Good

2024-02-17

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2024-02-17

Natural rights are often regarded with deep suspicion by lawyers and economists, who are wary of the wild and extravagant demands framed in the language of human rights. A good example is the United Nation’s list of fundamental human rights, which Antony Flew derides as absurd in “Could There Be Universal Natural Rights?”: “A right to social security” (Article 22) . . . “the right to . . . periodic holidays with pay” (Article 24) . . . “the right...

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The Western Ruling Elite: Its Development and Its Betrayal

2024-02-17

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2024-02-17

The Western ruling elite has become oligarchic in nature; its political and economic influence is disproportionate and even harmful to society. It is necessary, therefore, to review its historical evolution and expose its current goals. Firstly, it must be recognized that it is natural and necessary for society to have an elite.

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Austrian Economics Research Conference 2024

2024-02-17

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2024-02-17

The Austrian Economics Research Conference is the international, interdisciplinary meeting of the Austrian school, bringing together leading scholars doing research in this vibrant and influential intellectual tradition. 2024 marks the 50th anniversary of the South Royalton Austrian Economics Conference.

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Murphy Gives Post-Game Analysis of ZeroHedge Dollar Debate

2024-02-16

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2024-02-16

On February 13, 2024, Bob participated (with Jim Rickards, Brent Johnson, and Michael Every) in a ZeroHedge debate on the fate of the USD. In this episode of the Human Action podcast, Bob highlights some of the key issues and explains why he thinks his side won. Murphy Gives Post-Game Analysis of ZeroHedge Dollar Debate Video of Murphy Gives Post-Game Analysis of ZeroHedge Dollar Debate The ZeroHedge...

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Government Schools Are Propaganda Machines

2024-02-16

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2024-02-16

In Artis Shepherd’s recent article, which I highly recommend, he aptly detailed the numerous benefits of homeschooling and data showing that homeschooled students—far from being socially stunted, academically insular young people—are actually generally high-achieving, socially adroit young adults ready to provide value in the world. Thus, in this commentary, I want to address a common argument against homeschooling: namely, that homeschooling is a...

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The Federal Mega-Debt is Here to Stay

2024-02-16

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2024-02-16

US fiscal realities are well known. Total federal debt outstanding has now reached $34 trillion, up from $98 billion in 1981, $5.67 trillion in 2000, $13.56 trillion in 2010, and $26.95 trillion in 2020. And at 120 percent of the US economy’s productive capacity (gross domestic product), the federal debt matches that at the end of World War II. That $34 trillion, when spelled out, is the number thirty-four followed by twelve (count ’em) zeros...

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How the US Regime Subsidizes Immigration—both Legal and Illegal

2024-02-16

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2024-02-16

In recent months, stories from both the legacy media and the independent media have continued to pile up on how undocumented foreign nationals—also known as "migrants" and "illegal aliens"—are able to take advantage of a vast network of taxpayer funded benefits in daycare, medical care, housing, and more. 

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There Is Successful Governance Outside of State Power

2024-02-15

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2024-02-15

Government and state are terms typically used synonymously these days. But if a state is an institution with a monopoly on the allowable use of aggression in a given territory, is a government always this as well? We know governing is needed in lots of private non-monopoly-wielding institutions, from large manufacturing corporations to local tennis clubs.

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America’s Growing Banking Crisis

2024-02-15

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2024-02-15

On this episode of Radio Rothbard, Ryan McMaken and Tho Bishop are joined by Doug French to discuss the health of US banks, the specific dangers of commercial real estate debt, and the risks of industry consolidation.

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