The Tom Woods Show

Mises Institute president Jeff Deist, who was Ron Paul's last chief of staff, delivered an excellent and well-received talk at the Corax libertarian conference in Malta last week.   As usual, though, emotional hypochondria got the better of a small group of left- and establishment libertarians, who are denouncing the speech in hysterical terms.   The speech is so commonsensical, and the reaction on the part of this crowd so perverse and bizarre, that I can't let this episode pass. It's part and parcel of the "Ron Paul is a racist" libertarians who have resented Ron and affiliated institutions ever since being left in the dust after 2007.   So I'm going to play it for you, followed by my commentary. You need to hear it, so you can see for yourself the lengths such folks will go to in order to pretend to be outraged.   Show notes for Ep. 966

Mises Institute president Jeff Deist, who was Ron Paul's last chief of staff, delivered an excellent and well-received talk at the Corax libertarian conference in Malta last week.   As usual, though, emotional hypochondria got the better of a small group of left- and establishment libertarians, who are denouncing the speech in hysterical terms.   The speech is so commonsensical, and the reaction on the part of this crowd so perverse and bizarre, that I can't let this episode pass. It's part and parcel of the "Ron Paul is a racist" libertarians who have resented Ron and affiliated institutions ever since being left in the dust after 2007.   So I'm going to play it for you, followed by my commentary. You need to hear it, so you can see for yourself the lengths such folks will go to in order to pretend to be outraged.   Show notes for Ep. 966

It somehow became fashionable among young people to wear shirts depicting a murderer. One supposes the same indulgence would not be extended to shirts depicting non-leftist murderers (if such shirts existed, which they don't). Federico Fernandez is behind an effort to take down the statue of Che Guevara in the latter's home town in Argentina, and to spread the truth about the man.

We also discuss the ongoing fiasco in Venezuela.

Show notes for Ep. 965

It somehow became fashionable among young people to wear shirts depicting a murderer. One supposes the same indulgence would not be extended to shirts depicting non-leftist murderers (if such shirts existed, which they don't). Federico Fernandez is behind an effort to take down the statue of Che Guevara in the latter's home town in Argentina, and to spread the truth about the man. We also discuss the ongoing fiasco in Venezuela. Show notes for Ep. 965

Whether it's "monopoly," child labor, the Depression of 1920-21, the New Deal, or World War II's impact on the economy, our views and interpretations run counter to the conventional wisdom. Here's a defense of our position. I delivered these remarks at the 2017 Mises University program.

Show notes for Ep. 964

Whether it's "monopoly," child labor, the Depression of 1920-21, the New Deal, or World War II's impact on the economy, our views and interpretations run counter to the conventional wisdom. Here's a defense of our position. I delivered these remarks at the 2017 Mises University program. Show notes for Ep. 964

Lucas Engelhardt, associate professor of economics at Kent State University, joins me to discuss bad ways to reform the monetary system, as well as good ones. (Bad ones include the Taylor rule, inflation targeting, NGDP targeting, and Milton Friedman's approach.)

Show notes for Ep. 963

Lucas Engelhardt, associate professor of economics at Kent State University, joins me to discuss bad ways to reform the monetary system, as well as good ones. (Bad ones include the Taylor rule, inflation targeting, NGDP targeting, and Milton Friedman's approach.) Show notes for Ep. 963

The Austrian School of economics, the school of thought that includes Ludwig von Mises, F.A. Hayek, and Murray Rothbard -- and which influenced Ron Paul, of course -- is the subject of the Mises Institute's week-long Mises University summer program, which I'm attending right now. In the course of taking notes on my computer to help my 14-year-old daughter understand the concepts better, I realized there were some foundational parts of Austrian economics that some listeners may enjoy hearing clarified.   So in this episode I actually show how we can derive economic laws from the apparently sterile axiom that "human beings act." I also discuss where prices come from, and what the fundamental problem with socialism is.   Show notes for Ep. 962

The Austrian School of economics, the school of thought that includes Ludwig von Mises, F.A. Hayek, and Murray Rothbard -- and which influenced Ron Paul, of course -- is the subject of the Mises Institute's week-long Mises University summer program, which I'm attending right now. In the course of taking notes on my computer to help my 14-year-old daughter understand the concepts better, I realized there were some foundational parts of Austrian economics that some listeners may enjoy hearing clarified.   So in this episode I actually show how we can derive economic laws from the apparently sterile axiom that "human beings act." I also discuss where prices come from, and what the fundamental problem with socialism is.   Show notes for Ep. 962