The attempt by the mainstream economics profession to create economic literacy has turned into a movement to promote economic illiteracy.
In this week’s episode, Mark examines the Chocolate Crisis of 2024.
Conservatives and utilitarian classical liberals support freedom of contract because they deem it “useful” to society. However, Murray Rothbard believed that contractual freedom should be based upon...
Did Stephanie Kelton correctly predict that government debt would be benign back in May of 2020? Bob and guest Jonathan Newman discuss.
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Economists use time preference to explain the existence of interest, but the ability of people to postpone some present consumption in order to save for the future...
Why have some Americans opposed this nation’s involvement in foreign wars? According to Jacob Heilbrunn of The National Interest, it is because those Americans love bloody dictators...
Why have some Americans opposed this nation’s involvement in foreign wars? According to Jacob Heilbrunn of The National Interest, it is because those Americans love bloody dictators...
Mainstream economists believe that economic theory is valid when it “predicts” economic actions or trends. Austrian economists, however, say that the purpose of economic theory is to...