The US Recovery Is Weak, Especially Given the Size of the “Stimulus”
The United States: Hardly A Recovery There is an overly optimistic consensus view about the speed and strength of the United States’ recovery that is contradicted by facts. It is true that the United States recovery is stronger than the European or Japanese
Ross Benes on America’s Rural Rebellion
Politics degrades our lives in innumerable ways, from personal relationships to work to places of worship. Even sports and movies now seem to have become deeply politicized. The political class and political system in America appear intent on creating division
Understanding “Austrian” Economics
"Austrian" economics owes its name to the historical fact that it was founded and first elaborated by three Austrians: Carl Menger (1840–1921), Friedrich von Wieser (1851–1926), and Eugen von Böhm-Bawerk (1851–1914). The latter two built on Menger, though Böhm-Bawerk, in
Is Rawls Stupid? A Lesson in Close Reading
I’ve often argued against John Rawls’s theory of justice, and readers who see my title might be thinking to themselves, “Not another post on Rawls!” These readers can rest easy; this is not another post attacking Rawls. (It isn’t, of
The United States Has Declared Defeat in Two More Wars
President Biden announced last week that he planned to remove all combat troops from Afghanistan by September, which he says will mark the end of what is now a twenty-year war in the central Asian country. A week earlier, the US and
The Biggest Threat to US Hegemony: China, Russia, or Debt?
China and Russia are trying to build a Eurasion bloc that can break free of any American spheres of influence. The American regime obviously opposes this, but money printing and debt limits the American options. Original Article: "The Biggest Threat to
Elections in the Bicameral Congress
[Chapter 14 of Rothbard's newly edited and released Conceived in Liberty, vol. 5, The New Republic: 1784–1791.] The nationalists who went into the convention agreed on certain broad objectives, crucial for a new government, all designed to remodel the United States into a country
How a Voluntary Society Would Handle Blockades and Immigration
Bob elaborates on two ideas he had when he wrote his novel "Minerva" in grad school. Mentioned in the Episode and Other Links of Interest: Bob’s archives at Strike the Root, which contain the serialized version of Bob’s novel, Minerva. (Note that
Biden’s Big Spending Plans Will Not Revive the Economy
On March 11, 2021, US president Biden introduced his $1.9 trillion covid-19 stimulus plan. The president also announced a plan of more than $2 trillion to rebuild US infrastructure, which includes repairing roads and bridges, as well as expanding access to long-term
Pete Farner on Investable Businesses and Investable Entrepreneurs
Veteran venture capital investor Pete Farner distills experience from four decades of entrepreneurship and investing on the Economics For Business Podcast #114. Passion, perseverance and intelligence are the three critical attributes he looks for in investable entrepreneurs, an insight drawn from