Contrary to popular belief, regulatory agencies do not improve the quality of our lives, nor do they provide safety or security. They need to be abolished, as free markets provide their own effective forms of regulation.
Contrary to mainstream economists, credit expansion that is not backed by real savings leads ultimately to an economic downturn.
Ludwig von Mises was ridiculed for his assertion that “middle of the road” leads to socialism in the end. As the federal government swallows increasing amounts of the economy, we see that Mises was right.
Political and academic elites have successfully convinced the public that they should fear private enterprise. However, people really should fear an out-of-control government.
Ryan and Tho and guest Karl Streitel talk about how the public school monopoly conditions students for obedience while failing to educate them.
Ryan and Zach talk about how the realities of expensive industrial warfare are still relevant.
"If you have Austrian Economics and libertarian theory in your educational background, you look at history very differently."
"Ludwig von Mises was a true genius and we can certainly see that on display in his magnum opus, Human Action."
Mises's comments apply to today's debates on environmental policy.
"I've read Human Action cover to cover at least seven times, I think, and every time I come back to it, I'm just more blown away by how smart Mises is."
What are all these insane criticisms that Mises is spending so much time addressing? Why doesn’t he get on to regular economics?
Human Action and Mises' New York University seminar had a huge impact. It's the reason that we have a modern Austrian school.
Guido Hülsmann on why Human Action embodies the research paradigm of praxeological realism.
The record high price of copper has serious implications for our economic future.
Mises is a person who can set us right.
Unfortunately, these assaults on the First Amendment continue to find support even among people who pretend to be in support of freedom and opposed to federal power.
The decades of American and European intervention in Africa are coming to an end, and things are even worse for American interests there. Perhaps overthrowing governments and trying to dictate political outcomes wasn’t a good idea.
Mainstream economists claim money has purchasing power because the government issuing the money has so declared. That makes no sense.
Many people are selling their gold to make ends meet. Others are buying gold as insurance against mounting price inflation.
