Jacksonian Populism and the Trans-Atlantic Persuasion
In this episode of Liberty vs. Power, Dr. Patrick Newman and Tho Bishop look at the record of the Jackson Administration on trade, spending, and corporate privilege, and how it tied into a larger shift within the Anglosphere. Cronyism: Liberty versus
Russian Weakness and the Russian “Threat” to the West
The current advocates for US aggression against Russia would have us believe that Russia is some sort of peer of the United States and of western Europe. Tom Rogan at the hawkish Washington Examiner, for example, insists that Russia is a
Economic Knowledge Is Qualitative, Not Quantitative
According to the popular way of thinking, our knowledge of the economy is elusive. Consequently, the best that we can do is to attempt to ascertain some facts of economic reality by applying various statistical methods to the so-called macro
Böhm-Bawerk’s Critique of the Exploitation Theory of Interest
Austrian economist Eugen von Böhm-Bawerk is known among historians of economic thought for his formidable History and Critique of Interest Theories(1884). Before offering his own explanation of the phenomenon of interest (in a second volume which appeared five years later),
Bob Murphy vs. Dave Smith on the Johns Hopkins Lockdown Study
Bob explains the friendly exchange he had with Dave Smith regarding the new Johns Hopkins study that concluded lockdowns did little to reduce mortality. Smith had tweeted that in a sane world, all those favoring lockdowns would be publicly disgraced,
Capital versus Labor: The Great Decoupling
This article explores the concept of the Great Decoupling, or the supposed discrepancy between increased labor productivity and higher worker wages. Prior to 1970, increases in labor productivity translated into wage increases, just as economic theory dictates. However, it appears that
Mark Romera’s Globally Orchestrated Entrepreneurial Design Journey
Entrepreneurship-as-design is brought to life in a wonderful conversation with Mark Romera, who conceived, designed and brought to market a values-driven vision of kids having fun playing in their backyards, via an impeccably crafted brand named Spimbey. Key Takeaways and Actionable
FDR Wasn’t the Only One Who Declared War on Gold to Save Paper Money
Desperate times call for desperate measures. Or tyrannical men do tyrannical things when it comes to propping up paper money whose value is circling the drain. The Financial Times headline screams, “Turkey to Target ‘Under the Mattress’ Gold in Effort to Bolster
The Case for Radical Idealism
Every "radical" creed has been subjected to the charge of being "utopian," and the libertarian movement is no exception. Some libertarians themselves maintain that we should not frighten people off by being "too radical," and that therefore the full libertarian
The Steep Cost of Sanctions for Europe and Russia
The escalation of tension in Ukraine has reminded us of something many investors seemed to have forgotten: geopolitical risk. Sanctions and the inevitable drop in trade have proven to generate a significant negative impact on the different economies involved. We