Other Schools of Thought

A modern socialist economy is impossible.

Economic laws represent the real world. They are not ideologies or objects of worship. These laws are not the product of an ideological wish list but rather explain production and exchange.

What we may call the “spending illusion” is perhaps the gravest error in the history of economic thought and has been deeply embedded in economics since the early twentieth century.

Economic laws represent the real world. They are not ideologies or objects of worship. These laws are not the product of an ideological wish list but rather explain production and exchange.

Bob critiques MMT godfather Warren Mosler's recent interview where he argued that the Fed rate hikes have been fueling the strong economy.

Are wealthy people getting wealthier because they work harder? Dr. Jonathan Newman is back on the show to discuss Robert Reich's latest video about debunking economic myths.

The decolonization movement seeks to destroy both economics and science, all in the name of social justice. In the end, however, what they get is not justice and certainly not order, but rather chaos, and deadly chaos at that.

Bob continues his feud with George Selgin, explaining why the alleged free banking period in Scotland doesn't show that free-market banks would carry low reserve ratios.

Today these reasons or very similar ones are used by opponents of a different form of abolitionism: the proposal that government as we know it — monopolistic, individually nonconsensual rule by an armed group that demands obedience and payment of taxes — be abolished.

The concept of human rights has been corrupted by socialists and welfarists. That is why we need to look to thinkers like Murray Rothbard and others who laid out theories based upon natural rights and property rights.