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Cultural Marxism Masquerading as True History11:33 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 Health11:33 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. Revisiting Colonial Massachusetts and Mises’s Taxonomy of Money13.března Contrary to what the Modern Monetary Theory advocates and their Chartalist allies are claiming, the 1690 colonial Massachusetts issuance of fiat money did not create an enlightened moment in U.S. monetary history. Instead, it was a monetary bait-and-switch. The Strait of Hormuz is On Fire12.března On this episode of Power & Market, Ryan, Connor, and Tho look at the economic fallout from the war in Iran. How has Iran been able to control the Strait of Hormuz? How might central bankers react? And draft talk out of Washington? Tune in to hear about this and more, as well as a preview of next week's Libertarian Scholars Conference and Austrian Economics Research Conference. Only Power Can Check Power12.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. They knew that only non-state power can counter state power. US Intel Warns Iran Regime ‘Not in Danger’ of Collapse12.března "A 'multitude' of intelligence reports provide 'consistent analysis that the regime is not in danger' of collapse and 'retains control of the Iranian public.'" The Robot Won’t Take Your Job. The Government Might12.března Like the Luddites of two centuries ago, pundits tell us to fear AI because it might put people out of work and create mass unemployment. But AI is not a threat to our jobs, unlike the regulation the government unleashes ostensibly to control AI. |