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
Search Results for: the left
Watch and Learn: How to Profit from a Troll
The general rule when it comes to responding to critics is: shoot up, not down. That is, if someone of prominence attacks you, then respond. If someone nobody has heard… Read More
Ep. 739 Libertarians Debate Creation of Israel: Compatible with Libertarian Ideas?
With such libertarian luminaries as Murray Rothbard and Walter Block at odds with regard to the creation of Israel and its conformity or otherwise to libertarian principles, it seemed sensible… Read More
Ep. 736 How the Private Sector Fights Back Against Scammers
Even though the various levels of government in the U.S. hold a monopoly on law enforcement (remember how this was supposed to keep us safe, etc.?) phone scammers are alive… Read More
Ep. 731 By Popular Demand: Libertarianism 101
Todd Seavey, author of Libertarianism for Beginners, joins me for a discussion that beginners and advanced students alike will enjoy. We go from the foundations, to real-world applications, to problems… Read More
Ep. 729 The Real Story of the EpiPen Fiasco, Plus Tom Takes on Scammers Over the Phone
What’s the deal with the EpiPen price hike? Does it show capitalism doesn’t work? I get into the details today. Then I call some scammers who tried to claim I… Read More
Against the Snowflakes
In a recent discussion I had with Milo Yiannopoulos , we agreed that a backlash was likely on college campuses against the “safe space,” “trigger-warning” culture of Generation Snowflake. In particular, we said even some college administrations… Read More
Libertarianism Has Been Refuted
Here’s a meme making its way around Facebook these days. All your friends who haven’t done you the courtesy of taking five minutes to find out what you believe think… Read More
Ep. 723 Austrian Criticisms of Mainstream Economics Are Sound: Reply to a Critic
Jeff Herbener joins me to respond to an article making the rounds these days claiming that Austrian criticisms of mainstream economics are either uninformed or simply fall flat. By the… Read More
Guess Who’s #176 (Out of 178) on the Economic Freedom Index
Bernie Sanders, who just made headlines for buying his third house for $600,000, refused to comment when a Univision reporter asked for his thoughts on Venezuela. For a short time,… Read More