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Gold Is Sounding the Alarm on Debt, the Dollar, and the Next Crisis23:23 On the Daniela Cambone Show, Mark Thornton explains why central banks are dumping Treasuries for gold, why US debt is hitting a point of no return, and why silver could move even faster. Population Doomster and False Prophet of Ecological Apocalypse Paul Ehrlich Has Died23:23 Paul Ehrlich, the leading false prophet of inevitable environmental doom and author of the infamous The Population Bomb, has died at age 93. Popular Interest Rate Theory Describes but Fails to Explain17:41 Milton Friedman and others tried to explain interest rates using liquidity, economic activity, and inflation expectations. These things, however, only describe interest but do not explain it. Only the Austrian theory of time preference correctly explains interest. Non-Intervention Without the Fairy Tale of Sovereignty14:17 “Humanitarian intervention” sells itself as a moral shortcut: bypass the messy politics, send in the troops, stop the monster. Is Another Stone Age in the Making?11:51 As war drums beat again, this time against Iran, we ask ourselves if recklessness from Donald Trump and European and Israeli leaders is pushing us to catastrophe. The Theory of the Bottom 99%14.března Cultural Marxism Masquerading as True History14.března Modern academic historians have been captured by the cultural Marxists, no matter how much they deny the obvious truth. How Medical Licensing Serves Big Pharma at the Expense of Public Health14.března The purpose of medical licensing is not to protect consumers but the financial interests of privileged trade organizations allied with Big Pharma. Rothbard at 100: Five Economic Insights That Still Matter13.března In commemoration of Murray Rothbard’s 100th birthday, Bob shares five “greatest hits” from Rothbard’s economics, covering deficits vs. inflation, monopoly theory, excess capacity, the time structure of production, and his reconstruction of utility and welfare economics. Only 13% of Republicans oppose the Iran War13.března "77 percent of [Republicans] support the war, on average. But that’s exactly what we’d expect for almost any Trump policy." Only Power Can Check Power: Why We Need Decentralization13.března The radical classical liberals of the past were not so naive as to think that words on paper would prevent the abuses of the central state. Allowing the central state to have a monopoly on coercive power is always a mistake. The State’s Favorite Fallacy: The Cudgel in a Suit13.března When someone argues in favor of state control of economic processes, they are, by definition, presenting an argument based upon the ad baculum fallacy, the “appeal to force.” Oil price surge sparks fears of $200 barrel amid Iran war13.března "Wright's use of the word "unlikely" was a veiled concession that a spike to $200 was possible, though he repeated that the price jump would be weeks not months." GDP growth revised down bigtime to a sluggish 0.7% for Q413.března Growth in gross domestic product was down sharply from 4.4% in last year’s Q3 and 3.8% in Q2. The fourth-quarter number was half the govt’s first estimate of 1.4% Deleting the State: Skoble’s Deleter13.března Is the state necessary? In this week’s Friday Philosophy, Dr. David Gordon follows Aeon J. Skoble’s argument that we can do without the state and finds there is much to like in Skoble’s logic. |