Accad ❤ Koka
Dr. Accad interviews Dr. Koka regarding his latest article entitled “Correlative Adventures with COVID”
Dr. Accad interviews Dr. Koka regarding his latest article entitled “Correlative Adventures with COVID”
The discontent and unrest that followed the 2020 presidential election was, at least in major part, one of the innumerable destructive consequences of an almost 250-year-old error in economic theory made by Adam Smith: namely, the belief that profits are a deduction from wages.
If Europe wants to build wealth for its poorest members, it needs private entrepreneurship. But entrepreneurs need exactly the opposite of the Keynesian plan for building a European superstate.
Rothbard recognized that money and exchange could not develop without first establishing private property. So Rothbard also recognized that it was important to develope theories of how private property might come about.
The fact that gold can be used for, say, industrial purposes does not mean it has "real value" while more intangible goods and services have none.
Think of Minneapolis and Portland and then apply that model nationwide. Then you have an idea where progressive radicals want to take us.
Much of the harm is disguised by focusing on forecasts of higher aggregate income for the poor. Individuals, on the other hand, are another story.
Medical doctor Keith Smith returns to the show to explain how government intervention allows insurance companies to distort health care prices.
Normally the boosters of renewable energy point with pride to Texas, yet when wind collapsed during the deep freeze, suddenly even its biggest fans admit that nobody ever thought it could do the same job as natural gas.
The answer lies in audacious economic reforms that favor markets and entrepreneurs: liquidate bad investments, let deflation happen, cut government spending, cut taxes, let wages fall.
Medical doctor Keith Smith returns to the show to explain how government intervention allows insurance companies to distort health care prices.
Hazlitt takes on a humble objective: to deliver an “unblushingly ‘classical,’ ‘traditional,’ and ‘orthodox’” synthesis of economics. This is the most fitting way to approach the layman, who will only retain a few lessons from an introductory book.
Christopher Snowdon joins the show to discuss his position on lockdowns, which has surprised many and put him at odds with other libertarians.
Bob discusses three separate items all related to nonviolence: (1) Gene Sharp’s work, (2) Bob’s old dream of how to topple a tyrant, and (3) the winners of the Louis CK contest.
If grocery stores were run like public schools, they'd still be in the midst of an extended covid lockdown. Fortunately, though, we have a (mostly) privatized system, with vouchers for low-income shoppers. A similar system for schools would be a far saner choice than what we have now.
The GameStop saga—can we call it an insurrection?—wants easy heroes and villains. Both are available.
The problem with the European Union is not that it seeks to integrate Europe's economies. The problem comes from attempts to integrate politics as well.
Murray Rothbard died more than a quarter century before the outbreak of the covid mania and tyranny, but if he were alive today, he wouldn’t be surprised to see that the most common resistance at an institutional level comes from churches.
The economic analysis of repudiation applies to the debt of all levels of government and to all countries. The central question is not how big the government is or how much it owes, but rather whether the debt is funded by taxes.
The assertion that “tax-financed public goods can make us all better off” is just that: an assertion. As Rothbard showed, there is no reason to just assume consumers would pay for these amenities were they not forced to through taxation.