On this week's episode, Mark recaps Professor Guido Hülsmann's recent lecture on the cultural impact of the paper dollar. Hülsmann explains how an ever-inflationary monetary system and depreciating currency are leading to moral decay and divisiveness in America. Be sure to follow Minor Issues at Mises.org/MinorIssues. Additional Resources "The Cultural Impact of the Dollar" by Guido Hülsmann: Mises.org/Minor_42A "Abundance, Generosity, and the State: An...
Read More »The Specter of Hyperinflation Looms over the Economy
The threat of hyperinflation has haunted fiat money economies throughout history. Although past empires crumbled under the weight of unrestrained money printing, modern bankers at the Federal Reserve assure us that today’s financial system is immune to such a fate. Austrian business cycle theory, however, reveals that current economic stimulation may be propelling us toward a crisis of catastrophic proportions: a crack-up boom that marks the dramatic end of this...
Read More »Kendi’s Critical Race Theory Is a Failed Marxist Doctrine
Ibram X. Kendi, the controversial author of How to Be an Antiracist, has been revealed as not only a hustler of horrid ideas but also a poor businessman. Kendi was appointed the head and founder of Boston University’s Center for Antiracist Research in 2020 following the aptly named “summer of love,” which saw riots in most major cities over calls for “racial justice.” Now, Boston University is committing mass layoffs of employees, as the Center has lost the $43...
Read More »American History Is a Preview of the Israel-Palestine End Game
As news of the Hamas attack on southern Israel began to trickle in on October 7, many who follow the ongoing Israel-Palestine conflict knew the bad news was just beginning. It was immediately obvious that the ferocity of the Hamas attack, and the high proportion of women and children among the victims, would provide the Israeli state with political justification to launch devastating and revanchist attacks against civilians within the Gaza strip in retaliation. ...
Read More »Mises on the History of Warfare
“The market economy involves peaceful cooperation. It bursts asunder when the citizens turn into warriors and, instead of exchanging commodities and services, fight one another.” So Ludwig von Mises begins a short chapter in Human Action called “The Economics of War.” While brief, the eleven pages (pages 817–28 in the scholar’s edition) are densely packed with Mises’s take on the history of warfare, what leads to total war, how wars are won, the costs of war, and the...
Read More »The Regime Plans More for Us Than Just Hillary Clinton’s “Deprogramming” Demands
While Hillary Clinton’s call to have Trump supporters “deprogrammed” has been met with snickers, her attitude is in line with most of this country’s governing elites. Original Article: The Regime Plans More for Us Than Just Hillary Clinton’s "Deprogramming" Demands [embedded content] Tags: Featured,newsletter
Read More »Responding to Yaron Brook’s Critique of Anarcho-Capitalism
Recently Yaron Brook and Bryan Caplan debated the merits of anarchism at the Soho Forum. Bob critiques Brook's opening statement. The Soho Forum Debate: Mises.org/HAP419a Bob's Book on Market Anarchy, Chaos Theory: Mises.org/HAP419b Rothbard's Book on Natural Rights and the State, For a New Liberty: Mises.org/HAP419c Hans-Herman Hoppe's Book on Private Defense, The Private Production of Defense: Mises.org/HAP419d Responding to Yaron Brook's...
Read More »Oil Export Bans Make for Crude Politics
In the wake of the Arab Oil Embargo of 50 years ago, Congress banned U.S. export sales of crude oil. The results were different than what government "experts" imagined. Original Article: Oil Export Bans Make for Crude Politics [embedded content] Tags: Featured,newsletter
Read More »Dollarization in Argentina Will Not Promote Freedom
While the prospect of Javier Milei being elected president of Argentina is attractive, his plan to "dollarize" the Argentine economy will fall well short of hopes and expectations. Original Article: Dollarization in Argentina Will Not Promote Freedom [embedded content] Tags: Featured,newsletter
Read More »Diving Deeper into the Fed’s Trillion Dollar Loss
Jonathan Newman rejoins Bob to explore more of the mechanics and political implications of the Fed's current state of insolvency. Diving Deeper into the Fed's Trillion Dollar Loss Video of Diving Deeper into the Fed's Trillion Dollar Loss The Mercatus Article on Quantitative Easing: Mises.org/HAP417a Furman's Op-Ed in the WSJ: Mises.org/HAP417b Join us in Fort Myers on November 4 to cut through the campaign...
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