Tom and Matt Machaj discuss the fundamental reason socialism must lead to economic chaos. About the Guest Mateusz Machaj is assistant professor at the Institute of Economics of the University of Wroclaw, and founder and chief economist of the Polish Ludwig von Mises Institute. Articles Discussed “ Economic Calculation in the Socialist Commonwealth ,”… Read More
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Ep. 407 Marxism and Its Fallacies
Tom discusses the problems of Marxism with David Gordon. About the Guest David Gordon holds a Ph.D. in intellectual history from UCLA, and is a senior fellow of the Mises Institute . Guest’s Books The Essential Rothbard Resurrecting Marx: The Analytical Marxists on Freedom, Exploitation, and Justice Books Mentioned Classical Economics , by Murray N. Rothbard A Farewell to Marx , by David Conway Related Episodes… Read More
Ep. 406 David Stockman: Progressive Defenses of Obamanomics Are Laughable
Supporters of Barack Obama say his economic record is actually quite strong, and that right-wingers simply can’t accept that. David Stockman, formerly of the Reagan administration, reduces these claims to rubble, and then destroys the rubble. Among the issues covered: Has Barack Obama been a… Read More
Ep. 405 Amtrak Is Stupid
Amtrak doesn’t need still more money. It needs to be cut off completely. It makes no economic sense, it will always be a boondoggle, and it is the classic example of the total arbitrariness of government spending. Articles Discussed “ Stop Bleating About Crumbling Infrastructure ,” by David Stockman “ Amtrak: A National Hazard at any Speed… Read More
Ep. 404 Conscientious Objectors: Their Fascinating History, and Their Role Today
Tom discusses the tradition of conscientious objection to war: its history, and its ongoing relevance. About the Guest Bill Galvin is a Vietnam-era conscientious objector, and Counseling Coordinator at the Center on Conscience & War. He is a graduate of Princeton Theological Seminary and sits… Read More
Ep. 403 Austrian Microeconomics: Where the Critics Go Wrong
Jeff Herbener and Tom review Bryan Caplan’s article “Why I Am Not an Austrian Economist.” About the Guest Jeffrey M. Herbener is chairman of the department of economics at Grove City College and associate editor of the Quarterly Journal of Austrian Economics . Article Discussed “ Why I Am Not an Austrian Economist ,” by Bryan Caplan… Read More
Ep. 402 Five Ways the State Is Stiffing the Young
The so-called millennials were all too happy to pull the lever for Obama, but the President represents everything that’s making their lives miserable. Diana Furchtgott-Roth joins me to discuss the problems, and what if anything can be done. About the Guest Diana Furchtgott-Roth is the… Read More
Ep. 401 Liberty Through Entrepreneurship: The Case for Ditching the 9-5 Grind
Tom talks to business trainer and talk show host Josh Tolley about entrepreneurship, personal freedom, and how to get started. About the Guest Josh Tolley hosts the Josh Tolley Show every weekday from 10:00am until noon Eastern Time. Guest’s Books Evangelpreneur Quit Your Job or Die Guest’s Website JoshTolley.com Guest’s Show Josh Tolley Show Show’s Facebook Josh Tolley Show Guest’s… Read More
Ep. 400 Ayn Rand: The Good and the Bad
Finally, on episode 400, Tom — joined by guest Michael Malice — discusses Ayn Rand: her philosophy, the good and the bad about Rand and her ideas, Objectivism and libertarianism, and more. About the Guest Michael Malice is an author and celebrity ghostwriter. He is… Read More
Ep. 399 Lenin and the Russian Revolution: Institutionalized Insanity
Tom discusses the Russian Revolution and its horrific aftermath, including the real-life consequences of instituting communist policy. Book Mentioned A Concise History of the Russian Revolution , by Richard Pipes Related Episodes Ep. 133 The Last Soviet Defector? (Yuri Maltsev) Ep. 118 Boom and Bust: The Cause (David Howden) Ep. 91 No, Marx Was Wrong (Peter Klein) Ep. 90 Was… Read More
