Radio Rothbard

Zachary Yost, a foreign policy writer and analyst, joins to dissect John Mearsheimer's bleak predictions for Europe as the U.S. shifts away from NATO. They discuss how Europe's reliance on American military support has left it vulnerable and explore the consequences of a multipolar world where regional powers like China and Russia gain influence. Yost highlights Europe's economic woes and energy challenges, suggesting that urgent reforms and sober leadership are essential for adaptation. The conversation takes an intriguing turn as they consider which European nation might emerge as a leader in these tumultuous times.

Dive into the controversy surrounding 50-year mortgages. These lengthy terms may lead homeowners to become effectively renters, as they accrue little equity and face high underwater risks. The conversation explores the political motivations behind the proposal and the potential for increased bailouts costing taxpayers. Historical parallels with risky loans before 2008 highlight concerns about affordability and government intervention in housing finance. The long-term ramifications could reshape home ownership and inflate the financial landscape.

Discover how the modern state emerged from the evolution of taxation over centuries. Delve into the defining features of the tax state, including its centralization and discretionary spending. Explore the shift from medieval governing contracts to centralized authority. Learn how war influenced the regularization of taxes, pushing rulers to adapt. Gain insight into historical constraints on medieval rulers' taxing power and the cultural attitudes toward property that shaped resistance to taxation.

The discussion dives into the skyrocketing food stamp spending, revealing how it has nearly doubled since 2008. Lobbyists from Big Ag and other industries fiercely protect this flow of benefits. Ryan highlights shocking state-level disparities, with some states seeing high participation rates. He explores the surprising demographics of SNAP users and how immigration status influences enrollment. The episode also questions the disconnect between economic recovery and rising SNAP participation, revealing complex interactions between consumers and the food industry.

In a compelling discussion, political scientist Joseph Solis-Mullen sheds light on how taxes, war, and state power have historically impoverished the productive class. He explains Schumpeter's bleak prediction for capitalism, illustrating how it fuels state expansion. Joseph also defines the tax state and discusses inflation’s role as a hidden tax, enhanced by central banks. The conversation delves into the historical shift from decentralized governance to centralized authority, rooted in Machiavellian ideologies during the Renaissance.

A long-enduring myth about money is that we need a flexible or "elastic" currency for the economy to grow. Economist Jonathan Newman joins us to talk about why this has never been true. Be sure to follow Radio Rothbard at https://Mises.org/RadioRothbardRadio Rothbard mugs are available at the Mises Store. Get yours at https://Mises.org/RothMug PROMO CODE: RothPod for 20% off

New letters, from Murray Rothbard to Frank Meyer, have been discovered by researcher Daniel Flynn detailing some of Rothbard's earliest views on Ayn Rand, and what later went wrong. This week is our Fall Campaign! Donate $5 today and receive a physical copy of Hayek for the 21st Century: https://Mises.org/RR25 https://Mises.org/RR25Be sure to follow Radio Rothbard at https://Mises.org/RadioRothbardRadio Rothbard mugs are available at the Mises Store. Get yours at https://Mises.org/RothMug PROMO CODE: RothPod for 20% off

As the Federal Reserve signals it doesn't care about price inflation, we're reminded the Fed is mostly motivated to ensure rising asset prices for Wall Street while pushing cheap credit to finance federal deficits.Free Book: Get your copy of Hayek for the 21st Century, featuring Hayek’s classic essays on liberty, knowledge, and markets. Claim yours at https://mises.org/Hayek21Be sure to follow Radio Rothbard at https://Mises.org/RadioRothbardRadio Rothbard mugs are available at the Mises Store. Get yours at https://Mises.org/RothMug PROMO CODE: RothPod for 20% off

This discussion unveils the misleading job statistics recently reported in the media. It highlights how recent downward revisions reveal an overstated narrative of job growth. The conversation also emphasizes the stagnating employment rates and rising unemployment, calling for skepticism towards government data. Ultimately, they urge for a more cautious approach in economic policymaking based on these revelations.

San Francisco politicians have made it so difficult to build new housing that a black market for apartments has emerged. "San Francisco Has A Black Market for Housing. That’s as Bad as It Sounds." by Chris Calton: https://Mises.org/RR251_AFree Book: Get your copy of Hayek for the 21st Century, featuring Hayek’s classic essays on liberty, knowledge, and markets. Claim yours at https://mises.org/Hayek21Be sure to follow Radio Rothbard at https://Mises.org/RadioRothbardRadio Rothbard mugs are available at the Mises Store. Get yours at https://Mises.org/RothMug PROMO CODE: RothPod for 20% off