Use of Knowledge in Society – Part 2

Use of Knowledge in Society – Part 2

The brilliance of the price system is in coordinating the values, deeply limited knowledge and scarce resources precisely to their highest value need without having to understand or be aware of every single change in supply, alternatives, and uses of those resources...
Rothbard on Utility Theory

Rothbard on Utility Theory

Today we grab a section out of one of the many incredible works by Murray N. Rothbard to discuss the idea of marginal utility and why money must be a good, and actually is not a unit of measure. Ā As value can only be measured as relational to another good, money...
Why the State Demands Control of Money

Why the State Demands Control of Money

What if there was a clear and obvious reason that the state monopolizes the production of money, that after understanding, you simply cannot unsee? What if the story we are all told of governments and central banks protecting the economy from crises, is actually the...
How Central Banking Increased Inequality

How Central Banking Increased Inequality

With the huge number of conversations and claims of income inequality, the central banking monetary policy, which directly benefits the wealthy and financial sector, is almost entirely ignored. What if it’s the largest piece of the inequality puzzle? Listen to...