Why the Scottish "Free Banking" Episode Doesn't Justify Fractional Reserves
Bob continues his feud with George Selgin, explaining why the alleged free banking period in Scotland doesn't show that free-market banks would carry low reserve ratios.
Chapters 00:00 Introduction 01:19 The Free Banking Debate with George Selgin 08:19 Larry White and Rothbard on Scottish Free Banking 13:39 Would Unregulated Banks Hold 100% Reserves? 24:51 Rothbard's Response 34:19 Selgin's Response to Rothbard 43:25 Larry White on Free Banking 54:20 Historical Accounts of Scotland Disproving Selgin's Claims 1:04:23 Milton Friedman on Free Banking 1:06:25 Conclusion ... https://www.youtube.com/watch?v=LUl-T8YaW80
View the full episode at https://Mises.org/RR75
Radio Rothbard is a weekly podcast featuring a cast of Mises Institute voices and special guests. The show tackles politics, current events, culture, media, and of course the predatory state, all from an uncompromising Rothbardian perspective. Radio Rothbard is the weekly anti-politics podcast you won't want to miss!
To subscribe on your favorite platform, visit https://Mises.org/RothPod
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https://www.youtube.com/watch?v=qC0gtWwj_mA
Mateusz "Matt" Machaj holds a PhD in economics and is a Fellow with the Mises Institute, who has also won both the Douglas E. French and the Lawrence Fertig prizes in Austrian economics. He joins Bob to discuss his new booklet from Routledge, which explains how mainstream economists have responded to the recent bout of price inflation.
Dr. Machaj's Monetary Policy and Inflation: https://Mises.org/HAP448a
Bob's Book on MMT, Understanding Money Mechanics: https://Mises.org/HAP448b
Bob's MisesU Lecture, "Price Inflation: Corona vs. QE": https://Mises.org/HAP448c
Find free books, daily articles, podcasts, lecture series, and everything about the Austrian School of Economics, at https://Mises.org.
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Chapters
00:00 Introduction
01:50 The Quantity Theory of Money
05:32 Do Increases in Money Supply Always Lead to Inflation?
18:44 Why Wasn't There Inflation in 2009?
24:41 The "Money Multiplier" Model
42:33 What Austrian Economists See that Others Can't
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https://www.youtube.com/watch?v=DZTwLX7obGA
"The reality is that we're going to change state borders at some point. The question is, can we do it in a gradual and rationalistic way, or at the end when the central government's power breaks down?" View the full episode at https://Mises.org/RR_116.
Radio Rothbard is a weekly podcast featuring a cast of Mises Institute voices and special guests. The show tackles politics, current events, culture, media, and of course the predatory state, all from an uncompromising Rothbardian perspective. Radio Rothbard is the weekly anti-politics podcast you won't want to miss!
To subscribe on your favorite platform, visit https://Mises.org/RothPod
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https://www.youtube.com/watch?v=uKJ0DrMh-uE
Recorded at the Mises Institute in Auburn, Alabama, on 26 July 2023.
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=f9ksNkTxtvI
In this episode of Radio Rothbard, Ryan McMaken and Tho Bishop look at the controversy surrounding recent Florida education reforms. Why does it benefit the state to erode the family structure, and what can be done to combat it?
Recommended Reading
"Why Marxist Organizations Like BLM Seek to Dismantle the Western Nuclear Family" by Bradley Thomas: https://Mises.org/RR_78_A
"Don't Blame Capitalism for the Decline of the Extended Family" by Ryan McMaken: https://Mises.org/RR_78_B
"How Wage Work Liberated Women (and Men)" by Ryan McMaken: https://Mises.org/RR_78_C
"Why Do Socialists Hate Families?" by Jonathan Newman: https://Mises.org/RR_78_D
"Can Libertarians Have Communal Property?" by Ryan McMaken: https://Mises.org/RR_78_E
Leftism: From de Sade and Marx to Hitler and Marcuse by Erik von Kuehnelt-Leddihn: https://Mises.org/RR_78_F
Be sure to follow Radio Rothbard at https://Mises.org/RadioRothbard.
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https://www.youtube.com/watch?v=bbFvjC0JOCU
Longaberger can't sell its basket-shaped headquarters. As Peter Klein explains, resources in a modern economy are complex and specific — which is why we need free markets. Klein is the Mises Institute's Carl Menger Research Fellow. For more information, visit the Mises Institute online at mises.org.
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https://www.youtube.com/watch?v=iylYGTxNfig
Negotiators know the value they are offering, they know how to get the appropriate rewards for their value, they are comfortable and confident with the process of negotiated value exchange, and they know how to resolve conflicts.
Show notes: https://mises.org/library/sanjay-yadav-process-based-skills-negotiation
"Negotiation" (PDF): Mises.org/E4E_71_PDF
Discover negotiation readiness: PurpleSkyPartnership.com
Economics For Entrepreneurs is also available on...
Apple Podcasts: https://itunes.apple.com/us/podcast/economics-for-entrepreneurs/id1453233518?mt=2
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and via RSS: https://mises.org/itunes/735
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https://www.youtube.com/watch?v=I-QVbVQY2B0
Almost twenty-five years after his death, unpublished material by Murray Rothbard is still being released. Professor Patrick Newman (Mises.org/PNewman), editor of 'The Progressive Era' (Mises.org/ProgEra), is hard at work on the long lost fifth volume of 'Conceived in Liberty' (Mises.org/CIL)—Rothbard's epic history of colonial America.
How did one man write so much, and what can he still teach us today? Don't miss this terrific talk from a leading Rothbard scholar.
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https://www.youtube.com/watch?v=CsWljZcH3EY
The Federal Reserve seems to have finally publicly committed to its rate-cutting cycle—specifically the federal funds rate or policy rate. The Fed wanted to remain perceived as coming to the economy's rescue, rather than goosing the stock market higher. But the Federal Reserve is playing a confidence game with the general public, and the Fed can't save you. What insights can we learn from Austrian Business Cycle Theory?
"10-Year Treasury Constant Maturity Minus 2-Year Treasury Constant Maturity" (Federal Reserve Bank of St. Louis): https://Mises.org/Minor_85
Order a free paperback copy of Per Bylund’s How to Think About the Economy at https://Mises.org/IssuesFree.
Follow Minor Issues at https://Mises.org/MinorIssues
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https://www.youtube.com/watch?v=PR1d0jopPPw