News
Money and Savings Are Not the Same Thing
In the National Income and Product Accounts (NIPA), savings are established as the difference between disposable money income and monetary...
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How the Jacksonians Killed the Bank
General Andrew Jackson, fresh off the election of 1828, assumes the office of the presidency, armed with a battle plan...
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Wokism Could Provoke a Global Anti-American Backlash
Wokism and US foreign policy should not be viewed as isolated phenomena but rather inextricably linked concepts given the US’s...
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The New Antieconomics
Economics is about human action and choice within the context of scarcity. The problem facing economists is how to understand...
Read moreDebt and Delusion
Since the last serious outbreak of inflation in the 70s, central banks have conquered this pestilence and have practiced a...
Read moreBob Murphy Admits Steve Patterson Was Right about the Problems with Infinity
Bob has Steve Patterson back on the show, to concede that Steve’s skepticism of higher mathematics was right all along....
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Knowledge in the Service of a Political Agenda is Biased
The Dawn of Everything: A New History of HumanityBy David Graeber and David WengrowFarrar, Straus and Giroux, 2021Xii + 692...
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Socialist Economies Are Impossible: Lessons from Russia, 1917–22
A little over one hundred years ago, the Austrian economist Ludwig von Mises started arguing that a socialist economy is...
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Sound Economics in a Confused World
Saifedean Ammous hosts the podcast The Bitcoin Standard where he discusses bitcoin and economics from the Austrian school perspective. He...
Read moreLuca Dellanna on the Power of Adaptation: Managing Complexity Every Day
The terminology of complex adaptive systems sounds academic and abstruse, but the subject is not: it’s about the real-life, in-your-face...
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