How “Cultural Distance” between Societies Can Hamper Economic Prosperity
Cultural disparities between national, linguistic, or cultural groups can prevent the spread of trade and hamper the adoption of useful economic strategies.
Cultural disparities between national, linguistic, or cultural groups can prevent the spread of trade and hamper the adoption of useful economic strategies.
Many blame capitalism for inequality and the opioid crisis, but the system most associated with substance abuse is communism. But if inequality is the real problem, look no further than the Federal Reserve.
Justin Trudeau won with a weak "victory" in Canadian elections last week, but he nonetheless claimed a "mandate" for vaccine passports and huge increases in federal spending.
Was Adam Smith the founder of modern economics? Dr. Patrick Newman joins the show for a look at Rothbard's treatment of economics before Smith and his take no prisoners revisionist approach.
Contrary to myth, Nazi Germany was a socialist state, not a capitalist one.
The Roman Empire crumbled to dust because it lacked the spirit of liberalism and free enterprise.
Justin Trudeau won with a weak "victory" in Canadian elections last week, but he nonetheless claimed a "mandate" for vaccine passports and huge increases in federal spending.
A history of statism and credit expansion that demonstrates the failure of Keynesian policy. (Analysis by Jeffrey Herbener)
Dr. Patrick Newman introduces the first in a series of episodes on Rothbard's History of Economic Thought.
As with economic policy to "cure" recessions, the authorities’ health response is good at crippling markets, but never delivers what is promised.