Well-functioning labor markets and the rise of Western Civilization—and our standard of living—is not an accident, coincidence, or a matter of chance.
The topic of this episode is probably familiar to most everyone—especially the arguments on both sides of the political debate. Mark largely ignores the politics, however, and digs deeper into more important aspects of the issue. Minimum wage laws don’t have to be politically divisive. Can minimum wage policy achieve shared goals and shared values?
Presented at Mises University 2007 at the Mises Institute in Auburn, Alabama.
Robert P. Murphy (Mises.org/Murphy) is a Senior Fellow with the Mises Institute. He is the author of many books. His latest is 'Contra Krugman: Smashing the Errors of America's Most Famous Keynesian'. His other works include 'Chaos Theory' (Mises.org/ChaosTheory), 'Lessons for the Young Economist' (Mises.org/LYE), and 'Choice: Cooperation, Enterprise, and Human Action', which is a modern distillation of the essentials of Mises's thought for the layperson. Murphy is co-host, with Tom Woods, of the popular podcast ContraKrugman.com, which is a weekly refutation of Paul Krugman's New York Times column. He is also host of BobMurphyShow.com.
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https://www.youtube.com/watch?v=X-urDV8YEWo
Jeff and Bob Murphy talk about the state of gross economic ignorance in America today.
Lessons for The Young Economist: https://Mises.org/YoungEcon
Understanding Money Mechanics: https://Mises.org/BobMoney
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https://www.youtube.com/watch?v=Iw9Z62DziYI
Sponsored by Hunter and Juliana Hastings, this speech was presented at the Mises Institute's 35th Anniversary Celebration in New York City on October 7, 2017.
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https://www.youtube.com/watch?v=wCoOps5lrcs
How does Paul Krugman, the New York Times's resident Keynesian and patron saint of leftwing economics, get everything so completely wrong? Bob and Tom not only have a great time skewering Krugman, but also teach you how to refute the economic fallacies that so many of your family and friends fall for.
Includes an introduction by Betsy Hansen, opening remarks by Bob Murphy (2:41), The Contra Krugman Show [ep. 36] (9:45), and closing remarks by Tom Woods (41:12) and Jeff Deist (50:21). Special thanks to the Harvey Allison family for making this event possible.
Recorded at "Contra Krugman: Demolishing the Economic Myths of the 2016 Election": the Mises Circle at Seattle's historic Town Hall, on 21 May 2016.
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https://www.youtube.com/watch?v=9QOo3QZQ6Ng
After the Pratt Street Riot, President Lincoln and General Scott take more drastic measures to secure the state of Maryland for the Union. Placing most of the state under Martial Law, Lincoln suspends the writ of habeas corpus and allows his officers to arrest civilians. One such arrest led to Chief Justice Roger B. Taney to issue his statement on Lincoln’s suspension of the writ in the opinion Ex Parte Merryman.
Chris Calton recounts the controversial history of the Civil War. This is the ninth episode in the third season of Historical Controversies. You may support this podcast financially at Mises.org/SupportHC.
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Music: "On the Ground" by Kevin MacLeod (incompetech.com), licensed under Creative Commons: By Attribution 3.0
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https://www.youtube.com/watch?v=XTX-8OHiCu8
Economic giant Robert Solow died in December 2023. He was a Nobel laureate, and four of his PhD students went on to also receive the Nobel. He is known for the growth model named in his honor.
Garett Jones of GMU joins Bob to discuss the work of Solow, focusing on the possible tension between the Solow model's conclusions about capital accumulation vis-à-vis the Austrian School.
Find free books, daily articles, podcasts, lecture series, and everything about the Austrian School of Economics, at https://Mises.org.
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https://www.youtube.com/watch?v=oZ6slZSg1eM
On this episode of Radio Rothbard, Ryan McMaken and Tho Bishop talk about Zuckerberg's recent letter from Congress, Elon Musk's showdown in Brazil, and the growing global hostility from governments towards free speech.
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https://www.youtube.com/watch?v=tKiognghvsM
The lasting and far-reaching harms caused by this authoritarian precedent far outweigh those caused by the COVID-19 virus. The American people must decide for themselves how and when to reopen society and return to their daily lives.
Original article published on March 31, 2020: https://mises.org/wire/end-shutdown
Narrated by Millian Quinteros (http://www.millian.com).
Audio Mises Wire is also available on...
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https://www.youtube.com/watch?v=9y4n6_wDMJw