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The Warsh Era Begins1:02 On this episode of Power and Market, Ryan, Connor, and Tho discuss the first FOMC meeting under new Fed Chair Kevin Warsh. Out? Forward Guidance. In? Task forces! What should we take away from Warsh's first time addressing the financial press, and will his tenure be an improvement from the past, or present new dangers to the public? The Misesian, vol. 3, no. 3, 202622:47 In this issue of The Misesian, we continue our Year of Rothbard with a new essay from Joseph Salerno on what made Rothbard’s work in Austrian economics so notable. Rothbard took the inimitable work of Mises, as set down in his groundbreaking treatise Human Action, and expanded it further. The Middle Ages, "Enlightenment," and Propaganda21:38 Names for historical periods like "Renaissance" and "Enlightenment" did not descend to us out of the heavens. Historians and propagandists of centuries past created these names, often for political purposes. How the State Makes Wildfires Bigger and Deadlier21:38 Humans have a tremendous amount of agency in how dangerous natural disasters end up being. Unfortunately, most politicians and government officials have become a major part of the problem. California's Decline: A Warning to America21:38 For much of its history, California stood out, not only as a land of remarkable natural beauty and extensive natural resources, but as a place with institutions that fueled extraordinary wealth creation. What happened? How Democratic Socialism Created California's Housing Crisis21:37 The democratization of urban planning, the politicization of the environmental movement, and the no-growth movement came together to erect enormous barriers to housing construction in California. Mises Spotlight: Associated Scholars21:37 The Mises Institute announces 11 new Associated Scholars rooted in the Misesian tradition. They are a vital part of our network, growing the Austrian intellectual tradition through writing, teaching, and speaking in their professional careers and at their academic institutions. Rothbard University 202621:37 The Mises Institute held a brand-new program developed in honor of Murray Rothbard’s 100th birthday: Rothbard University. The objective was simple: to recreate the magic of our summer student program Mises University in a format specifically for professionals. A Sledgehammer Attack on War21:37 Reading this book confirms Charles Tansill’s emendation of a familiar saying: “The paths of military glory lead but to the grave.” When one considers the horrors of war for the combatants, Rothbard’s argument that the costs of war are virtually never worth paying is strengthened. Murray N. Rothbard: Toward a "Science of Liberty"21:37 Murray N. Rothbard was a system builder in the mode of Ludwig von Mises, Frank H. Knight, and F. A. Hayek. Social, economic, and political problems are intertwined and complex and require a grand theory to address them. For Rothbard, the unifying theme of social theory was liberty. China’s Industrial Policy: Ambition, Inefficiency, and a Cautionary Tale for America18:11 While China’s economy has boomed, many people wrongly associate that success with the Chinese government’s industrial policies. Intervention has created many problems there—just as it has done elsewhere. GOP "mutiny" against Trump: Pro-Israel warmongers mad at Trump18:11 President Trump's Iran deal has opened an explosive second front in MAGA's civil war, waged by hawkish allies who view U.S. concessions as an existential betrayal of Israel. Oppose Graham Platner for His Socialism, Not Just His Outrageous Behavior12:29 While Graham Platner has become controversial because of his reckless past and violent behavior, the real objection to his being elected a US Senator should be to his reckless socialist proposals that would have disastrous consequences. |
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