The Limitations of Economic Laws
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.
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.
Commonsense safety measures are being replaced in our working culture by an impossible “no risk” standard. A culture of “can do” is replaced by the culture of fear.
Prompted by a listener request, Bob gives the standard economic analysis of tariffs and other types of taxes.
The great train wreck seems to be happening. Mark Thornton shares his latest guesses and outlook.
On this episode of Radio Rothbard, Ryan and Tho discuss America's new chapter of late-stage Soviet politics.
With political turmoil creating anxiety in Great Britain, The Economist chose to describe the political situation as “anarchy.” In reality, this is political chaos, not anarchy, since anarchy is based upon social cooperation and peaceful resolution of conflicts.
It’s finally clear to everyone that President Biden is not running the federal government. Yet the government is carrying on as it always has. It’s important to understand why.
For all of his freedom-loving rhetoric, it is clear that Woodrow Wilson was one of the most antifreedom presidents in U.S. history.
Utopians are not satisfied with imposing DEI on humans. They also want the state to treat animals as “oppressed” minorities with positive rights.
When governments seize private firms in the name of nationalization, the moves are usually politically popular. However, it doesn't take long for the nationalized firms to turn into a financial black hole.
Progressives promote civil rights viewpoints as being “good for the whole” of society. Yet most of the modern civil rights movements and accompanying legislation simply promote the "good" of one group at the expense of others.
Human action is not a figment of our imaginations, nor is it a social construct. Praxeology describes real and purposeful actions by people who act on what they know or what they believe to be true.
The Biden administration is determined to do an end run around the courts and ram through yet another student loan forgiveness plan. It is not real “loan forgiveness” but just a massive wealth transfer from lower-income to higher-income groups.
Jason Purcell joins Bob to discuss his historical analysis of yield curves (in both UK and US) going back to the 1870s, which shows that central banks do indeed manipulate short-term interest rates.
People seem to universally agree that equality is good and inequality is bad, but no one seems to know what that means.
On this episode of Radio Rothbard, Ryan and Tho discuss the attempted assassination of Donald Trump.
While F.A. Hayek saw human ignorance as the basis for what he called spontaneous order, Ludwig von Mises saw human reason as the basis for praxeology.
It has been nearly eighty years since the US used atomic warfare on Japan as a way to end World War II. The legacy of that event is not one of peace but of outright madness.
Javier Milei’s recent “snub” of Spain's political establishment during a recent visit there may have been a “violation” of diplomatic protocol, but it also was a statement that Spain’s socialism itself is uncivilized.
Last week, Julian Assange was freed and the Chevron doctrine was overturned. These are huge wins for liberty. Not long ago, they felt completely out of reach.