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Egalitarianism and Value-Free Economics

Episode 1

Dr. Wanjiru Njoya argues that Rothbard's political philosophy is not a sideshow to his economics but its essential second pillar, and that this integ…

1 month, 1 week ago

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Making Sense of the Trump Administration's "Hail Mary" on Iran

Episode 549

Bob argues that many Austro-libertarians (himself included, initially) have been too quick to dismiss the Trump administration's foreign and economic…

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Bad Inflation Data Drops While Trump's in China (And Other Headlines)

Episode 43

On this episode of Power & Market, Ryan, Connor, and Tho break down a variety of headlines from the week, including bad inflation data, Trump's trip …

1 month, 1 week ago

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The Job Market Has Only Gotten Worse Since Trump’s “Liberation Day”

In the year since Donald Trump’s “liberation day” in April 2024 fewer Americans are now working, and inflation-adjusted hourly earnings are still bel…

1 month, 1 week ago

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Today’s AIs Show the Marginal Revolution's Unfinished Business

In 1871, the “discovery” of marginal economic analysis soon took a wrong turn, moving towards quantification, data, and mathematics. It is time to “r…

1 month, 1 week ago

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Socialists Are Reaping a Bountiful Political Harvest while They Create Havoc

As the economy faulters, socialists are getting elected, promising free goods and services and an end to the chaos. Even when they make things worse,…

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The Cost of Money: Coinage, Fiat Power, and the Quiet Corruption of Value

Governments take valuable things like paper and minerals, stamp something on them, and call them money, in the process rendering these things almost …

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Progressives and Conservatives Are Wrong About Taxing the Rich

Both progressives and conservatives show a complete unwillingness or inability to distinguish between those who got rich by genuinely creating value …

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The Economics of War

In this article from 1950, Murray Rothbard suggests some of the less bad ways of financing military operations. Hint: monetary inflation and taxing s…

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Marx Was Wrong About the “Necessary” Ruin of Small Landed Property

Karl Marx not only misunderstood value and production, but he also was wrong about large-scale and small-scale property owners.

Original article: http…

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