When it comes to sound money and fiat paper, we libertarians are nearly always dismissed as cranks. Why, don’t we know that we need the government to be able to… Read More
Search Results for: Gold standard
Ep. 1239 The State Is a Cult, and Other Important Topics
Now this is a fun potpourri episode: we cover (in addition to the topic in the title) anarchism vs. minarchism, the Constitution (should libertarians care about it?), what the Libertarian Party should… Read More
Ep. 1230 Questions on Economics You’re Embarrassed to Ask
I’ve got a bunch of listeners who have some questions on economics that they feel like they should know the answers to, so they feel funny asking. In this episode… Read More
Ep. 1166 Everyone Is Wrong About Money Except the Austrian School
This episode begins with my five-minute opening statement from a FreedomFest debate on abolishing the Federal Reserve System, and then proceeds to discuss further problems with the Fed (as well… Read More
Ep. 1118 Austrians Against the Mainstream: A Case Study
It’s a common neoclassical claim that people will prefer an income tax over an equivalent excise tax. This claim, though questionable, is perhaps less interesting than the method these economists… Read More
Ep. 1082 The Truth About F.A. Hayek
F.A. Hayek, illustrious member of the Austrian School of economics, won the Nobel Prize in 1974, and wrote prolifically on both economic and non-economic topics. He has been a source… Read More
Ep. 1005 Are We Richer and Better Off Than We Think?
Is it really true that the American standard of living is falling, and that our children will be worse off than we are? Martin Feldstein challenged this view in the Wall… Read More
Ep. 924 Mises on Nationalism, the Right of Self-Determination, and the Problem of Immigration
Joe Salerno, editor of the Quarterly Journal of Austrian Economics and academic vice president of the Mises Institute , discusses Ludwig von Mises’ thoughts on nationalism, immigration, and the state. Article Discussed… Read More
Ep. 757 DEBATE: Is Fractional Reserve Banking Economically Benign?
When I recently ( episode 745 ) spoke to Professor Jeffrey Herbener about the economic effects of fractional-reserve banking, I recalled that John Tamny and I had had a disagreement on the… Read More
Ep. 745 The Economics of Fractional-Reserve Banking
Fractional-reserve banking, in which only a fraction of demand deposits are available on demand (the rest being lent out), has been a source of controversy even among self-identified Austrian economists.… Read More
