Mises Institute president Thomas DiLorenzo joins Ryan and Tho to discuss the moralistic claims behind American foreign policy. These claims intensified with the American Civil War and became a creed of American nationalists by the twentieth century. With the rise of the global dollar and dollar hegemony, America's foreign crusades became ever larger and more frequent. "False Virtue: The Life and Death of 'American Exceptionalism'" by Thomas J....
Read More »Time Preference Is the Key Driver of Interest Rates
By popular thinking, whenever the central bank raises the growth rate of the money supply through the buying of financial assets such as Treasuries this pushes the prices of Treasuries higher and their yields lower. This is labeled as the monetary liquidity effect. This effect is inversely correlated with interest rates. Furthermore, an increase in the money supply after a time lag strengthens economic activity and this pushes interest rates higher. Note that we have...
Read More »The Fate or Wealth of Nations: AI, Robotics and Automation
The AI and robotics revolution continues. As entrepreneurs find new ways to use these things profitably, the overall wealth of nations increases. Original Article: The Fate or Wealth of Nations: AI, Robotics and Automation [embedded content] Tags: Featured,newsletter
Read More »Individual Health Insurance Mandates Are Mandates, Not Taxes
Imagine that you are a healthy 30-year-old young man who has a respectable job, makes a good living, but decides, you know what? I am not going to spend $200 or $300 a month for health insurance because I am healthy, I do not need it. But something terrible happens, suddenly you fall into a coma and need it. Who is going to pay for your coverage? In a society where you accept welfarism and socialism to be the answer, you would expect the government to take care of...
Read More »Can the American Government Wage a Just War?
Murray Rothbard asked this question and concluded that the current American regime, if the wisdom of Aquinas’ words is taken seriously, cannot wage a just war. Original Article: Can the American Government Wage a Just War? [embedded content] Tags: Featured,newsletter
Read More »Statist Ideology and War: Israel versus Hamas
As I wrote in my previous piece on statism and the Israel-Hamas conflict, states are organized crime rackets. Wars between states thus represent warfare between rival gangs. The proper libertarian position with reference to such gang wars is neutrality, or the opposition to all state parties to war. Neutrality includes opposition to interventionism, including opposition to sending arms and aid to other nations. Foreign aid increases the tax aggression on the...
Read More »The Oil Price-Stock Market Connection, the 100 Year Financial Cycle, and the Next Crash
Recorded at the Mises Circle in Fort Myers, Florida, 4 November 2023. Special thanks to Murray and Florence M. Sabrin for making this event possible. The Oil Price-Stock Market Connection, 100 Year Financial Cycle, and the Next Crash | Murray Sabrin Video of The Oil Price-Stock Market Connection, 100 Year Financial Cycle, and the Next Crash | Murray Sabrin [embedded content]...
Read More »The Radical Uncertainty of a Polymorphic Fed
Recorded at the Mises Circle in Fort Myers, Florida, 4 November 2023. Includes audience question and answer period. Special thanks to Murray and Florence M. Sabrin for making this event possible. The Radical Uncertainty of a Polymorphic Fed | Jonathan Newman Video of The Radical Uncertainty of a Polymorphic Fed | Jonathan Newman [embedded content]...
Read More »The “Climate Emergency”: Fueled by 21st Century Marxism
Europe currently faces several challenges that potentially harm the quality of life for people in general but especially for young individuals, preventing them from developing their lives autonomously and independently. The housing crisis, reflected in overcrowded accommodation affecting 28 percent of young people aged 15 to 29, is just one example. Freedom of expression in Europe also seems more threatened than ever. Highly controlled content is removed from social...
Read More »Is a Welfare State Consistent with Libertarianism?
David Gordon reviews Dan Moller's book Governing Least: A New England Libertarianism, in which the author examines the issue of a welfare state in a libertarian society. Original Article: Is a Welfare State Consistent with Libertarianism? [embedded content] Tags: Featured,newsletter
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