How a Trickle Can Turn into a Flood
Infamous hyperinflations like what hit Germany in 1923 did not begin as a flood. Instead, they started as smaller bouts of inflation initiated by governments that printed money to pay for deficit spending.
Infamous hyperinflations like what hit Germany in 1923 did not begin as a flood. Instead, they started as smaller bouts of inflation initiated by governments that printed money to pay for deficit spending.
Forget Vegas sports betting for reckless speculation. When the Fed officials make projections, the markets assume they are accurate. However, as Jerome Powell himself admits, forecasts are speculative at best.
Bastiat reminded his readers that economic analysis involves not just what we see on the surface, but also the costs that are hidden from view.
On this week's episode, Mark explains the origin of our (near-worthless) US dollar.
Much of modern neoclassical economic theory depends upon assumptions that do not reflect real world conditions. Austrian economists, however, know that realistic assumptions matter.
Brian Albrecht joins Bob to discuss the work of this year's Nobel (Memorial) Prize Winner Claudia Goldin, with an emphasis on the male-female wage gap.
On yet another crusade, US authorities have sanctioned Chinese cotton imports. The sanctions won't change Chinese policies but they will create hardships for many.
From the various compromises pushed by "Beltway Libertarians" to the anti-free market rhetoric of conservative Sohrab Ahmari, government intervention has a lot of new friends. This will not end well.
On this episode of Radio Rothbard, Ryan and Tho look at the consequences of the Hamas-Israeli War may have on Americans.
Sponsored by Thomas and Lisa Dierl.
Although there has been excitement and fanfare over the recent BRICS meetings and proclamations, it is doubtful that these economies’ performance can match their rhetoric.
Sponsored by Dan Johnson and Randee Laskewitz.
Why do people become libertarians? What attracts them to Austrian economics?
Sponsored by Michael and Lisa Keller.
Hans Hoppe theorized that monarchs, as opposed to democratically-elected political authorities, would have lower time preferences and would be less likely to engage in reckless government spending. Unfortunately, at least one Medieval Danish king acted like a modern politician.
Keynesians claim that the source of economic growth is consumer spending. Austrians know that net savings are the key to a growing economy.