Recent Podcast Episodes
Subjective Value and Market Prices
The Birth of the Austrian School
Menger discovered much more than the principle of marginal utility—he created an entire system of economics based on subjective value and individual choice.
The Division of Labor and Social Order
"The free market and the division of labor does not promote hyper-atomized individuals. It creates social harmony and community."
From Livestock to Bitcoin: “Legitimacy” and the Evolution of Money
Without money, specialization is constrained; without money, dreams of constructing an advanced society are merely a utopian pipe dream.
Can the Dollar Survive Both Cryptocurrencies and China?
The outcome of today's currency race is uncertain. The credibility of the leading fiat currencies has suffered substantially. Their instability has fueled crises and weakened growth, so the demand for an alternative store of value is high.
Biden’s Economic Team Predicts Long-Term Slow Growth
Stagnation is real, but it isn’t “secular”—that is, sluggish growth doesn’t have to happen. The coming stagnation isn’t foreordained; it is simply the inevitable outcome of a progressive agenda that disdains free enterprise.
The Fiat Standard with Dr. Saifedean Ammous
On the fiftieth anniversary of Nixon's gold shock, The Fiat Standard is an amazing explication of how the West fell to its current state. You don't want to miss this show, especially Saifedean's epic takedown of fiat academia at the end!
There’s a New “Study” Showing 26% of Americans Are Right-Wing Authoritarians. There’s Nothing Scientific about It.
The cognitive dissonance of American academia and journalism is on full display in this survey.