There Are No Constraints on US Government Borrowing | Mark Thornton
In this week's episode, Mark reviews what people have said about Fitch's downgrade of US government debt. Mark sees it as a good thing, but not good enough. The "minor issue" in the latest debt ceiling agreement is ignored by the mainstream media: politicians suspended the debt ceiling into 2025, rather than raising it to some arbitrary, higher figure.
In this episode of Liberty vs. Power, Patrick and Tho look at the success of the Jeffersonians following the corruption of Hamilton's Federalist Party. With the support of Treasury Secretary Albert Gallatin, the Jeffersonian Administration is able to slash the size of the federal bureaucracy. Unfortunately, the influence of Republican moderates — like James Madison — undermined a true restoration of old republican ideals.
Recommended Reading
"Jefferson's Philosophy" by Murray Rothbard — https://Mises.org/LP4_A
"Jefferson as President: His Judicial Blunders" by Scott Trask — https://Mises.org/LP4_B
Cronyism: Liberty versus Power in Early America, 1607–1849 by Patrick Newman — https://Mises.org/LP_Crony
To subscribe to the Liberty vs. Power Podcast on your favorite platform, visit https://Mises.org/LvP.
Music: "Army of Soldiers" by The Brought Low is licensed under a Attribution-NonCommercial-NoDerivatives 3.0 International License.
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https://www.youtube.com/watch?v=XOQgZWN3y_o
Jeff and Bob break down this week's Davos WEF conference and consider whether global elites really have the mechanisms to impose their plans.
Johnny Vedmore's analysis of Schwab's origins: https://Mises.org/HAP379a
Scott Greer says America's right-want needs to stop dwelling on Schwab: https://Mises.org/HAP379b
Schwab bragging about penetrating Cabinets: https://Mises.org/HAP379c
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00:00 Introduction
00:42 WEF 2023
05:18 Schwab's Vision for the Future
17:14 The Globalist Political Agenda
31:26 The Next Crisis
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https://www.youtube.com/watch?v=DtpBox-cSmQ
Daniel McAdams discusses the prospects for peace during the Trump regime. His talk segues into a panel discussion with Hunt Tooley and Phil Giraldi. Presented at the Mises Institute's symposium with Ron Paul: "War and Peace in the Age of Trump". Recorded on 8 April 2017 in Lake Jackson, Texas.
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https://www.youtube.com/watch?v=iQUtk2C03EU
This week's episode features Tom Woods' opening lecture at Mises University 2017. Tom shares his experiences meeting Murray Rothbard, how Murray shaped Tom's intellectual development, plus some valuable lessons for us all.
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https://www.youtube.com/watch?v=8Cx5MPal8dg
Presented at Instituto Juan de Mariana's "Salamanca: The Birthplace of Economic Theory" in Salamanca, Spain, on Thursday, October 22, 2009.
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https://www.youtube.com/watch?v=XuA6YUrvhxE
At E4E, we believe that Austrian economics can guide business execs and entrepreneurs to better thinking about how to manage businesses that thrive. Business educator David K. Hurst blames neo-classical, Chicago School economics for the bad thinking that pervades business today.
Show notes: https://mises.org/library/business-school-fallacies-and-acting-your-way-better-thinking
David Hurst’s ecosystem model (JPG): Mises.org/E4E_82_JPG
David’s book, 'The New Ecology Of Leadership': Mises.org/E4E_82_Book
David’s original 'HBR' article on “Boxes and Bubbles”: Mises.org/E4E_82_PDF2
Jesus Huerta de Soto’s side-by-side comparison of elements of Austrian and Neo-Classical economics: Mises.org/E4E_82_PDF1
Economics For Entrepreneurs is also available on...
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https://www.youtube.com/watch?v=iqYVqwbYRCU
Presented at the Mises Institute's symposium with Ron Paul: "War and Peace in the Age of Trump". Recorded on 8 April 2017 in Lake Jackson, Texas. Includes an introduction by Lew Rockwell.
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https://www.youtube.com/watch?v=rJRRYL5LnSw
Crashes are fast, like that first hill on a coaster. Recoveries are not, for the simple reason that production is more difficult than destruction.
Original article: https://mises.org/wire/how-bad-it
This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros.
Audio Mises Wire is also available on...
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and via RSS: https://mises.org/itunes/689
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https://www.youtube.com/watch?v=LcJtQcluVSY
Statistics issued by the federal government about the economy—from CPI to GDP—are fake, and our guest John Williams of Shadowstats.com explains how and why.
John is a vocal critic of modern economic reporting, which is manipulated to make the economy appear stronger than it is. So, he devoted his professional life to telling the real story, through statistics he painstakingly compiles himself. And, his statistics paint an alarming picture: virtually all "growth" in the US economy since the Crash of '08 has been artificially engineered by the Fed, while the risk of debt contagion has increased.
Jeff and John discuss the "Fed tax," what a radical increase in the monetary base means for your financial future, and whether Janet Yellen will be forced to resort to more QE in 2017.
This is a must-hear interview if you're interested in sober economic reality.
http://www.shadowstats.com/
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https://www.youtube.com/watch?v=qEk-ruGUsyo