Commonsense safety measures are being replaced in our working culture by an impossible “no risk” standard. A culture of “can do” is replaced by the culture of fear.

Economic mythology said governments must regulate markets to prevent monopolies. In reality, it is the government regulation itself that creates monopolies, which do not emerge in free markets.

Economic laws represent the real world. They are not ideologies or objects of worship. These laws are not the product of an ideological wish list but rather explain production and exchange.

Prompted by a listener request, Bob gives the standard economic analysis of tariffs and other types of taxes.

Paul Krugman once claimed that inflation was necessary for relative income equality. The truth is that inflation, by creating winners and losers, increases and exacerbates income inequality.

By appealing to the self-interest of buyers and sellers, capitalism foils attempts by lawmakers to create racially constructed limits on voluntary exchange. Capitalism undermines racism.

The great train wreck seems to be happening. Mark Thornton shares his latest guesses and outlook.