Diary of a Psychosis: How Public Health Disgraced Itself During Covid Mania. By Thomas E. Woods, Jr. Libertarian Institute, 2023. In the Foreword to this outstanding book, the eminent Stanford University physician Dr. Jay Bhattacharya makes an arresting claim. He says that people often make mistakes in recollecting the past because they confuse having intended to do something with actually having done it. That confusion is more likely to occur under emotional stress,...
Read More »Student Loans: The Continuing Crisis That Is Getting Worse
The student loan program is descending into chaos and the Biden administration is clueless about what to do. Furthermore, the value of a college education continues to fall while college costs increase. Original Article: Student Loans: The Continuing Crisis That Is Getting Worse [embedded content] Tags: Featured,newsletter
Read More »What an Old Coin Collection Tells Us about Money from the Past
I was recently given a coin collection that belonged to another relative. Most of the coins in it are not in circulation anymore, and while you don’t see them every day, they are definitely not rare. Most aren’t in good condition either. In fact, they look much worse for wear than the coins you get as change at the grocery store. So, why would anyone bother to save these when they could have spent these coins? The reason is because, up until 1964, our American coins...
Read More »Inflationary Expectations Do Not Cause Inflation
According to mainstream economists, the expectation of inflation leads to higher prices. That is impossible, however, because actual inflation involves real increases in the money supply. Original Article: Inflationary Expectations Do Not Cause Inflation [embedded content] Tags: Featured,newsletter
Read More »Truth Is the Biggest Threat to Democracy in DC
Early this year, Jack Teixeira, a 21-year-old Massachusetts Air National Guard member, was arrested and charged with transmission of national defense information and other charges. Teixeira allegedly leaked classified documents on the Ukraine war and other foreign policy issues to a Discord gaming group. The document propagated from there and appeared in many news articles in the following months. The Post article sympathetically portrays the struggles of U.S....
Read More »Texit, Gold, and Ideas for States in 2024
On this episode of Radio Rothbard, Ryan McMaken and Tho Bishop discuss ideas for states to consider going into 2024. With faith in the federal government dropping across the country, Ryan and Tho identify meaningful steps states can pursue to help decentralize political power. Claim your free book: Mises.org/RothPodFree Be sure to follow Radio Rothbard at Mises.org/RadioRothbard. Radio Rothbard mugs are now available at the Mises Store. Get yours at...
Read More »Unraveling the Roots of the German Mark’s Collapse
The 1920s in the Weimar Republic, Germany, constitute a unique chapter in the global economic narrative, a chaotic symphony of financial forces that culminated in one of the most prominent hyperinflations ever witnessed. In this ephemeral period, the upward curve of price indices tested the limits of economic understanding and monetary stability. Between 1921 and 1923, the reichsmark—the German currency of the time—plunged into an inflationary spiral, where annual...
Read More »As the US Treasury Runs Out of Creditors, Its Options Dwindle
With US government debt skyrocketing past $33 trillion and possible recession looming, the Treasury faces the prospect of running out of suckers. Finding buyers for US debt will become much more difficult. Original Article: As the US Treasury Runs Out of Creditors, Its Options Dwindle [embedded content] Tags:...
Read More »Get Your Free Booklet by Joe Salerno!
There has been a radical change in the social and political landscape in this country, and any person who desires the victory of liberty and the defeat of Leviathan must adjust his strategy accordingly. New times require a rethinking of old and possibly obsolete strategies.–Murray N. Rothbard Murray Rothbard wasn't only a brilliant economist, historian, and political philosopher; he was a man driven to defend the cause of liberty against the authoritarian threats of...
Read More »President Biden Is Wrong. Military Spending Does Not Produce Wealth
So far, the White House has justified its unwavering support for Ukraine on lofty grounds such as defending democracy and freedom—both in Ukraine and in the West. However, with the American public—who bears the cost of the war in Ukraine—turning against it, several Republican lawmakers questioning its purpose and affordability, and elections approaching, the Biden administration has changed the messaging on the war. Its new line is that sending weapons to Ukraine is...
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