Essence of Economics

Essence of Economics


Latest Episodes

29. Murray Rothbard, What Has Government Done to Our Money?, pt. 5
November 01, 2017

Murray Rothbard explains the origins of money, its use in a free society, and the obfuscation of the function of money by the government.  The free market creates money; government destroys it for its own ends.  Part 5 of 6.

28. Murray Rothbard, What Has Government Done to Our Money?, pt. 4
October 09, 2017

Murray Rothbard explains the origins of money, its use in a free society, and the obfuscation of the function of money by the government.  The free market creates money; government destroys it for its own ends.  Part 4 of 6.

27. Rothbard on Gun Laws
October 05, 2017

I interrupted our discussion of What Has Government Done to Our Money to look into what Rothbard has said on gun control.  Clearly, the non-aggression principle (NAP) gives individuals to own firearms absolutely provided they do not aggress against any...

26. Murray Rothbard, What Has Government Done to Our Money?, pt. 3
October 02, 2017

Murray Rothbard explains the origins of money, its use in a free society, and the obfuscation of the function of money by the government.  The free market creates money; government destroys it for its own ends.  Part 3 of 6.

25. Murray Rothbard, What Has Government Done to Our Money?, pt. 2
September 28, 2017

Murray Rothbard explains the origins of money, its use in a free society, and the obfuscation of the function of money by the government.  The free market creates money; government destroys it for its own ends.  Part 2 of 6.

24. Murray Rothbard, What Has Government Done to Our Money?, pt. 1
September 25, 2017

Murray Rothbard explains the origins of money, its use in a free society, and the obfuscation of the function of money by the government.  The free market creates money; government destroys it for its own ends.  Part 1 of 5.

23. Frederic Bastiat, The Law, pt. 3
September 21, 2017

In this timeless essay, Bastiat explains what the “law” is and its purpose. It is not to give the state the power to seize property and then turn around and give it to another person or class of people. It is to protect life, liberty, and property.

22. Frederic Bastiat, The Law, pt. 2
September 18, 2017

In this timeless essay, Bastiat explains what the “law” is and its purpose. It is not to give the state the power to seize property and then turn around and give it to another person or class of people. It is to protect life, liberty, and property.

21. Frederic Bastiat, The Law, pt. 1
September 14, 2017

In this timeless essay, Bastiat explains what the “law” is and its purpose. It is not to give the state the power to seize property and then turn around and give it to another person or class of people. It is to protect life, liberty, and property.

20. Murray N. Rothbard, Anatomy of the State
September 09, 2017

A classic essay from Murray Rothbard that describes his view of the nature of government. It is predatory. It is a parasite. It is nonproductive. Anything government does is for its own benefit, using intellectuals and ideology to justify its own rule ...