Download Episode. Scott is again joined by Ryan McMaken of the Mises Institute to talk about the economy. First, they examine the major fluctuations in the money supply to help us predict where in the boom-bust cycle we might be. They then identify the dominant...
economics
US Pressures Israel to Decrease Ties with China
Washington is attempting to pressure Tel Aviv into pulling back on its ties and trade with China, according to a report in Voice of America. After the European Union and the United States, the People’s Republic is Israel’s largest trade partner.
Roland Fryer’s Shocking Conclusion
https://youtu.be/2nLWCLsmpJ4 On the most extreme use of force – officer-involved shootings – we find no racial differences in either the raw data or when contextual factors are taken into account. We argue that the patterns in the data are consistent with a model in which...
With These Solutions, Can We Save the Idea of a Market Economy?
When I first learned the basics of libertarianism and Austrian economic theory, I knew that these provided a more practical, moral, and satisfactory answer to major political and economic questions than any other ideology. For example, the premise of profitability in...
The “Rich Get Richer” Myth
Some 94 percent of Americans who reach “top 1 percent” income status will enjoy it for only a single year. Approximately 99 percent will lose their “top 1 percent” status within a decade. Now consider the top 400 U.S. income-earners—a far more exclusive club than the...
The Non-Existent Difference Between National Socialism and Democratic Socialism
Summary: National Socialism and Democratic Socialism both advocate institutionalized violence by the state against peaceful people only differing in rhetoric. The most popular self described Democratic Socialists in America today are Senator Bernie Sanders and...
Ignoring Political Gossip & Sticking to Principle
https://youtu.be/ZwWHjYVY4tg In the private sector, firms must attract voluntary customers or they fail; and if they fail, investors lose their money, and managers and employees lose their jobs. The possibility of failure, therefore, is a powerful incentive to find...
Analysis: Both Parties Always Serve the Military-Industrial Complex
In 2023, despite skyrocketing inflation and debt, as well as rising sociopolitical divisions, leadership among both Republicans and Democrats will always agree that substantially more US taxpayer money, never less, should be poured into the military-industrial complex, according to an analysis by journalist Judd Legum.
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