Dec 28, 2022

Listener questions this week include: What are the benefits of central banking? Is it time for the states to have an amicable divorce? What would it take to reduce the size of the federal government? What’s the difference between private and public companies?

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Dec 21, 2022

This week, listeners ask whether it’s right to think of contagion as pollution, and if so, whether government has a role in containing contagion, why are we so litigious, and how we can say anything about socialism or capitalism if neither one has ever existed in a pure form.

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Dec 14, 2022

Over the past century, three constraints on the federal government have failed. When we started ignoring Constitutional constraints, we opened the door to massive increases in federal spending. When voters started asking politicians for more “free” stuff, we walked through the door. And when we went off the gold...

Dec 7, 2022

Whether regulations are a good thing or a bad thing is a more complicated question than it appears. Government can regulate through law. But consumers can also regulate through choice. Some government regulations protect people from harm. But some purport to protect people from harm while actually protecting favored...

Nov 30, 2022

Our greatest immediate concerns are the combination of inflation and recession, and the threat of war with Russia. The United States faced this combination of problems forty years ago. One important difference is that whereas we are politically divided today, then we were politically united. Going by electoral votes,...