John Ericsson’s design for the Monitor was only a skeleton when he was awarded the contract to have it built. In a race to match the feared Merrimack, Ericsson had to quickly construct a working, combat-ready iron ship that would receive its first test in combat. If the ship proved a failure, Ericsson would be forced by the US government to pay back every penny invested in the experimental ship — which most people expected to sink like a rock. This episode details the incredible process of constructing this technological marvel.
Chris Calton recounts the controversial history of the Civil War. This is the 41st episode in the third season of Historical Controversies. You may support this podcast financially at Mises.org/SupportHC.
Historical Controversies is available online at:
https://Mises.org/HCPod
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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=UOMpYW72EDw
Charles Hugh Smith and Jeff Deist discuss the absurdly anti-market healthcare system in the US, which has been captured both by regulators and insurance lobbyists. Why do US consumers tolerate not knowing what drugs and procedures really cost? What will it take to allow market pricing in medicine? Will the best and brightest continue to shun medical school in an age of Obamacare? And will the market overcome the system, through cash-only clinics, concierge care arrangements, and medical tourism?
If you're outraged by what the state has done to the profession of medicine, stay tuned for great interview.
See Smith's article "The New Shackle of Serfdom: Clinging to Healthcare Insurance" at https://www.lewrockwell.com/2015/09/charles-hugh-smith/the-new-shackle-of-serfdom
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https://www.youtube.com/watch?v=L6mdFUx7fjc
Join us in Nashville on September 23rd for a no-holds-barred discussion against the regime. Use Code "HA23" for $45 off admission: https://Mises.org/Nashville23
Peter St. Onge joins Bob to discuss his latest piece at Mises.org on "China's Doom Loop." They cover a wide range of topics, including the contrast in leadership between Xi Jinping and Deng Xiaoping, the dollar as global reserve currency, the Belt and Road Initiative, and Jim Rogers' prediction that the 21st century would belong to the Chinese empire.
Peter's Article on China: https://Mises.org/HAP410a
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Chapters
00:00 Against Our Limitless Regime
01:00 Introduction
01:21 China's Recent Economic Woes
04:19 Malinvestment in China
08:39 How Communist is China's Economy?
16:55 Questioning Authority in China
20:16 Belt and Road Initiative and Exporting The "Chinese Model"
22:22 The One-Child Policy and Long-Term Economic Issues
26:07 China's Long-Term Prospects
30:45 Future of the World Reserve Currency
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https://www.youtube.com/watch?v=cPXK7jogP2g
US medical provision is far from a free market, and is a mixed bag of government and markets—as are most developed countries. Flagship programs have serious fiscal problems ahead.
Download the slides from this lecture at Mises.org/MU22_PPT_29.
Recorded at the Mises Institute in Auburn, Alabama, on July 22, 2021.
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https://www.youtube.com/watch?v=3rLiyjiTJiE
Entrepreneurship is a general feature of the market economy.
Download the slides from this lecture at Mises.org/MU22_PPT_07.
Recorded at the Mises Institute in Auburn, Alabama, on 25 July 2022.
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https://www.youtube.com/watch?v=sAjvAOUg-4s
Recorded at the Mises Institute in Auburn, Alabama, on 16 July 2019.
Mises University is the world's leading instructional program in the Austrian school of economics. Mises.org/MU19
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https://www.youtube.com/watch?v=KI-wQb6Aby4
Interviewed by Brian Lamb on C-SPAN's "Q & A" television program, Dr. DiLorenzo discusses Lincoln, academia, and his two books: "The Real Lincoln" and "Lincoln Unmasked".
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https://www.youtube.com/watch?v=nbFty9nZUac
Featuring Tom Woods, Lew Rockwell, and Jeff Deist. Recorded at the Mises Circle in Dallas-Fort Worth on 3 October 2015.
Special thanks to Klaas and Anastasia Talsma for making this event possible.
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https://www.youtube.com/watch?v=-nhGRQ7xOpc