Shows
The Austrian CircleAustrian Circle 30: Regulations and The Illusion of Controlhttps://24b9eb400710dac81e8d-597f4ed4ea6895a41e2bd2978eb66730.ssl.cf5.rackcdn.com/austriancircle/Austrian_Circle_0030.mp3
Regulations seem to be the answer to “keep business in check”. But does it actually achieve that goal? Do we only think that we can control people’s behavior by law, when the actual result is the overall corporate abuse that we tried to limit or eliminate through regulation in the first place?
2017-02-0829 minThe Austrian CircleAustrian Circle 29: The Problem with Presidentshttps://24b9eb400710dac81e8d-597f4ed4ea6895a41e2bd2978eb66730.ssl.cf5.rackcdn.com/austriancircle/Austrian_Circle_0029.mp3
Presidents generally blame their lack of control over other people’s lives as THE problem. They constantly seek more and more control and authority over the affairs of people all over the entire world, while their interventions are what causes the very problems they claim now require more intervention! Here, we review the three major candidates and the problems with political action in general.
2017-02-0729 minThe Austrian CircleAustrian Circle 28: Capitalism Gave Birth to the Modern Familyhttps://24b9eb400710dac81e8d-597f4ed4ea6895a41e2bd2978eb66730.ssl.cf5.rackcdn.com/austriancircle/Austrian_Circle_0028.mp3
Being able to stay home with children is the result of capitalism and the resulting economic prosperity that inevitably occurs. Labor saving devices and capital accumulation gave families the surplus wealth to keep most of their family at home or at school. Human history is the sad story of parents and children having to work and toil all the time in order to get just enough money for subsistence; capitalism has changed all of that.
2017-02-0728 minThe Austrian CircleAustrian Circle 27: Student Loans and College Costs – A Central Planning Failurehttps://24b9eb400710dac81e8d-597f4ed4ea6895a41e2bd2978eb66730.ssl.cf5.rackcdn.com/austriancircle/Austrian_Circle_0027.mp3
Student loans today are not being paid back by borrowers, and colleges are incredibly expensive. Austrian Circle takes a look at the interventionism and central planning that caused these problems and how the market is our best way available to best allocate our resources towards customer demand.
2016-05-2428 minThe Austrian CircleAustrian Circle 26: The Role of Entrepreneurshttps://24b9eb400710dac81e8d-597f4ed4ea6895a41e2bd2978eb66730.ssl.cf5.rackcdn.com/austriancircle/Austrian_Circle_0026.mp3
Entrepreneurs help allocate resources towards the most highly valued ends of consumers amidst the uncertainty of the future. They take a resource or tool away from a less desired process of production and allocates it instead towards what consumers want more. They engage in a constantly adjusting process of feedback/communication whereby those who do well receive more monetary gain while those who do not suffer financial punishment.
2016-05-1329 minThe Austrian CircleAustrian Circle 25: Profits and Ethics
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Are profits ethical? Is there a maximum or minimum to profit ethically? Do contributing to socially “responsible” programs benefit society more than profit seeking businesses?
Profit communicates important information about current consumer preferences to businesses so they can change their production process to adjust to it. Profit is the closest thing we have to measuring human value; only companies who serve the customer well profit.
Profit is only harmful to society when acqu...2016-05-1228 minThe Austrian CircleAustrian Circle 24: Prices and the Problem with Health Carehttps://24b9eb400710dac81e8d-597f4ed4ea6895a41e2bd2978eb66730.ssl.cf5.rackcdn.com/austriancircle/Austrian_Circle_0024.mp3
What are prices? Prices convey information to various actors in society and inform them of crucial knowledge: what people want, how much they want, of what material should they be built from, how much material is available for production, among other things. Central planners distort and disrupt the price system and the knowledge it contains such as is happening in the health care industry, and this is causing prices to be far higher than they otherwise...2016-05-0128 minThe Austrian CircleAustrian Circle 23: Economic Meddling – Tinkering with Prosperityhttps://24b9eb400710dac81e8d-597f4ed4ea6895a41e2bd2978eb66730.ssl.cf5.rackcdn.com/austriancircle/Austrian_Circle_0023.mp3
Economics studies human choice, and choice today is often over-ruled by government agencies who believe that their tinkering will make people better off. Whether it be the amount that people save, which businesses win or lose, or even what times people must set their clocks to, there seems to be no end to the bureaucratic maze by which people must navigate.
2016-04-2629 minThe Austrian CircleAustrian Circle 22: Flint, Michigan and Public Waterhttps://24b9eb400710dac81e8d-597f4ed4ea6895a41e2bd2978eb66730.ssl.cf5.rackcdn.com/austriancircle/Austrian_Circle_0022.mp3
The recent move by city governments and federal regulators to provide water containing lead to its citizens prompts concerns. How could this have happened, and why were checks and balances not in place? What alternative economic structures might have delivered compassionate and quality products to their clients rather than serving them poisoned water?
2016-04-0629 minThe Austrian CircleAustrian Circle 21: The Oregon Ranchers and the Westhttps://24b9eb400710dac81e8d-597f4ed4ea6895a41e2bd2978eb66730.ssl.cf5.rackcdn.com/austriancircle/Austrian_Circle_0021.mp3
The standoff between ranchers and the federal government resulting in the occupation of a federal building by local militia points to a lot of problems in their “relationship.” This includes grazing land subsidies, federal land being over 50% of some entire states, and the use of terrorism legal impositions being used for non-terrorist acts.
2016-04-0429 minThe Austrian CircleAustrian Circle 20: The Tyranny of the Selfhttps://24b9eb400710dac81e8d-597f4ed4ea6895a41e2bd2978eb66730.ssl.cf5.rackcdn.com/austriancircle/Austrian_Circle_0020.mp3
We can be very hard on ourselves and can become our own personal dictators. Our self, our self interested preferences must be sacrificed, ignored, and mandated away.
Today I talk about how our deep, personal preferences can be inconvenient for ourselves and others or can even be completely overruled by courts and politicians.
2016-03-2828 minThe Austrian CircleAustrian Circle 19: Martin Luther King Jr. and the Law, Part 2https://24b9eb400710dac81e8d-597f4ed4ea6895a41e2bd2978eb66730.ssl.cf5.rackcdn.com/austriancircle/Austrian_Circle_0019.mp3
Martin Luther King Jr. spoke about the injustice of the police and the courts in upholding unjust laws which did not adhere to the non-aggression principle. Arresting people, abusing them in prison for non-violent behavior, in this case in enforcing segregation laws, is an aggressive and unjust action.
2016-03-2628 minThe Austrian CircleAustrian Circle 18: Martin Luther King Jr and the Lawhttps://24b9eb400710dac81e8d-597f4ed4ea6895a41e2bd2978eb66730.ssl.cf5.rackcdn.com/austriancircle/Austrian_Circle_0018.mp3
Martin Luther King, Jr. was known for taking action and speaking out against injustice and racism. What is less talked about is how the racism was often systematically enforced or implemented by and defended by governments through their passage of law and their use of police, as he talks about in the letter he wrote which I read on this show.
2016-03-1029 minThe Austrian CircleAustrian Circle 17: Central Planninghttps://24b9eb400710dac81e8d-597f4ed4ea6895a41e2bd2978eb66730.ssl.cf5.rackcdn.com/austriancircle/Austrian_Circle_0017.mp3
In the Star Wars universe, the empire was formed because of a betrayal by it’s political class and because the people demanded something that could never work: central planning of resource allocation via the political class. Central planning places the preferences of the planners above those of the consumer.
2016-03-0728 minThe Austrian CircleAustrian Circle 16: Star Wars and The Modern Statehttps://24b9eb400710dac81e8d-597f4ed4ea6895a41e2bd2978eb66730.ssl.cf5.rackcdn.com/austriancircle/Austrian_Circle_0016.mp3
Star Wars is an epic tale of a Jedi family who, in the prequels, help to create and inflict the universe with a galactic empire, capable of the destruction of entire planets who refuse to submit to its demands. In the later episodes, Darth Vader’s son Luke fights back against this empire with the help of the rebels who demand an end to the empire’s crimes. The epic story has relevance today with our own...2016-02-2730 minThe Austrian CircleAustrian Circle 15 With Devin Keehner: Liberty, Interest Rates, and Warhttps://24b9eb400710dac81e8d-597f4ed4ea6895a41e2bd2978eb66730.ssl.cf5.rackcdn.com/austriancircle/Austrian_Circle_0015.mp3
Devin Keehner, student and contributing writer, speaks with me about his article he wrote defending libertarianism and free will.
2016-02-2330 minThe Austrian CircleAustrian Circle 14: Capitalism vs. Socialismhttps://24b9eb400710dac81e8d-597f4ed4ea6895a41e2bd2978eb66730.ssl.cf5.rackcdn.com/austriancircle/Austrian_Circle_0014.mp3
Today, we compare the different economic systems of capitalism and socialism in an attempt to understand how we can make human beings more prosperous and engage in ethically valid behavior. We also talk about some myths about the market economy and why we may want to rename the term capitalism to something else.
2016-02-1929 minThe Austrian CircleAustrian Circle 13: Terrorism, Middle East, and the War with Russiahttps://24b9eb400710dac81e8d-597f4ed4ea6895a41e2bd2978eb66730.ssl.cf5.rackcdn.com/austriancircle/Austrian_Circle_0013.mp3
We take another look at how the Western governments have intervened in foreign lands and have created the very terrorists that they then use as justification for even more intervention, more meddling, and more loss of innocent life by war and weaponry. We also inspect the recent conflict with Russia and it’s planes being shot down by Turkey.
2016-02-1929 minThe Austrian CircleAustrian Circle 12 w/ Blooded the Brave: Hip Hop and Freedomhttps://24b9eb400710dac81e8d-597f4ed4ea6895a41e2bd2978eb66730.ssl.cf5.rackcdn.com/austriancircle/Austrian_Circle_0012.mp3
Blooded the Brave, a hip hop artist and performer from Indiana, guest stars the show with me this week. We talk about his music, the history of hip hop and it’s focus on lyrics, and we also discuss the recent rise of the police state in society.
Featuring “Man Down”, the new single off of the album Peace
Blooded the Brave Links
Website – bloodedthebrave.com
Soundcloud – soundcloud.com/blooded-th...2015-09-1529 minThe Austrian CircleAustrian Circle 11: Secession Around the World!https://24b9eb400710dac81e8d-597f4ed4ea6895a41e2bd2978eb66730.ssl.cf5.rackcdn.com/austriancircle/Austrian_Circle_0011.mp3
Secession is a concept as old as the American Revolution itself, as the early colonists seceded from Britain with the Declaration of Independence. Armies and guns soon invaded, as also occurred in the South seceding in 1861 prompting the War Between the States.
Today, we’ve come a long way from armies suppressing dissent: now we vote on it. This is a more peaceful means of potentially establishing new countries and social systems, but only if...2015-08-1930 minThe Austrian CircleAustrian Circle 10: Environmentalism and the Free Market
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There are solutions that don’t involve force, government and law in regards to the environment, climate change, pollution, and other property disputes over the use of our world.
How can we save the oceans, save dying species, and avoid ecological disasters while still retaining freedom?
2015-06-2330 minThe Austrian CircleAustrian Circle 9: War, ISIS, Syria, and Our Enemy Maker, The Statehttps://24b9eb400710dac81e8d-597f4ed4ea6895a41e2bd2978eb66730.ssl.cf5.rackcdn.com/austriancircle/Austrian_Circle_0009.mp3
The State and the military corporations who benefit from war create their own enemies to perpetuate those wars, whether it be the drug war against it’s own citizens or the foreign wars.
Today, Syria is being targeted via attacking ISIS, which manifests itself seemingly coincidentally in areas in which bombing would cause economic harm to the interests of those in Syria.
2015-06-2030 minThe Austrian CircleAustrian Circle 8 w/ Chase Rachels: The Blue Ridge Liberty Projecthttps://24b9eb400710dac81e8d-597f4ed4ea6895a41e2bd2978eb66730.ssl.cf5.rackcdn.com/austriancircle/Austrian_Circle_0008.mp3
I chat with Chase Rachels of the BRLP on the merits of free societies and why we would want to achieve true personal and political liberty. We also talk about peaceful parenting and how treating children with respect and non-violence can bring about a more peaceful and free world.
2015-05-2930 minThe Austrian CircleAustrian Circle 7: War vs. Freedomhttps://24b9eb400710dac81e8d-597f4ed4ea6895a41e2bd2978eb66730.ssl.cf5.rackcdn.com/austriancircle/Austrian_Circle_0007.mp3
War is often sold under false pretenses through lies and manipulation. From the Civil War and even before it, politicians have used war as an excuse to curtail freedom, give more power to itself, and to steal life and property from the general population of the world.
2015-05-2329 minThe Austrian CircleAustrian Circle 6: Regulations and the FDA Impoverish Ushttps://24b9eb400710dac81e8d-597f4ed4ea6895a41e2bd2978eb66730.ssl.cf5.rackcdn.com/austriancircle/Austrian_Circle_0006.mp3
While most people think that regulations are meant to keep the customer safe, they are actually the means of creating huge, monolithic corporations which are not beholden to their customer’s desires. Regulations destroy competition and create monopolies, since smaller companies can often not keep up with the financial requirements and hiring of legal teams necessary to adhere to the ever changing mandates of the State.
2015-05-2130 minThe Austrian CircleAustrian Circle 5 w/ Dr. Mark Thornton: Why Do Skyscrapers Signal Economic Decline?https://24b9eb400710dac81e8d-597f4ed4ea6895a41e2bd2978eb66730.ssl.cf5.rackcdn.com/austriancircle/Austrian_Circle_0005.mp3
Dr. Mark Thornton and I discuss what skyscrapers mean for the global economy, what causes and exacerbates business cycles, what the current economic landscape looks like, why people just aren’t saving money, and what the role and function of interest rates are.
Dr. Mark Thornton
2015-05-0130 minThe Austrian CircleAustrian Circle 4: Consumers Choose What is Producedhttps://24b9eb400710dac81e8d-597f4ed4ea6895a41e2bd2978eb66730.ssl.cf5.rackcdn.com/austriancircle/Austrian_Circle_0004.mp3
Consumers are the central, core decision makers about production and all prices of goods and labor. They determine what gets built, how much gets built, what resources are allocated where, how much workers are paid for their labor, and are the motivating factor for producers to meet those consumer’s demands. The idea that business and greedy capitalists choose what is built and what wage rates people are paid is simply not true: the consumer is ki...2015-04-1630 minThe Austrian CircleAustrian Circle 3: Rob McNealy | Detroit, libertarianism, strategyhttps://24b9eb400710dac81e8d-597f4ed4ea6895a41e2bd2978eb66730.ssl.cf5.rackcdn.com/austriancircle/Austrian_Circle_0003.mp3
On this episode, we chat with Rob McNealy in the midwest about the dangers of Statism and why voluntarism works. We talk about Detroit and the alternative solutions they are putting in place as their government tends towards bankruptcy and also what can be done to bring about liberty on this planet.
2015-04-1030 minThe Austrian CircleAustrian Circle 2: There Are No Class Conflicts in the Voluntary Societyhttps://24b9eb400710dac81e8d-597f4ed4ea6895a41e2bd2978eb66730.ssl.cf5.rackcdn.com/austriancircle/Austrian_Circle_0002.mp3
Politics can only see the world as constant conflict: black vs white, capitalist vs laborer, rich vs poor, old vs young, nation vs nation, etc. In the voluntary society, the only actual conflict occurs between criminals and non-criminals.
“In the society based on division of labour and co-operation, the interests of all members are in harmony, and it follows from this basic fact of social life that ultimately action in the interests of myself an...2015-04-0830 minThe Austrian CircleAustrian Circle 1: What is Libertarianism?https://24b9eb400710dac81e8d-597f4ed4ea6895a41e2bd2978eb66730.ssl.cf5.rackcdn.com/austriancircle/Austrian_Circle_0001.mp3
What is libertarianism? Here, we discuss the concepts of free markets, the non aggression principle, and an introduction to true liberty and freedom in human interactions.
2015-04-0829 min