Pundits have labeled piggy banks small change, irrational and wasteful, “just sitting around doing nothing.” As usual, they are wrong.

How did the US go from a nation that revered liberty to one with despotic governance? While political forces already were trying to push the US in a direction of centralization, the Civil War completed the job. We see the results of those centralized outcomes daily.

Without the discipline of profit-and-loss, the desires and goals of the bureaucrats, limited only by the prescriptions and budget of the legislature, necessarily guide policy.

Why do we study history? Some study it as a way to confirm their own political ideologies, something that often happens when historians look at the US Civil War and its Reconstruction aftermath. According to Ludwig von Mises, one cannot bring an ideological lens and honestly approach history.

Unrestricted birthright citizenship is increasingly rare, and with only a few exceptions, it persists only in countries with negative or near-zero rates of in-migration.

Jonathan Newman appears on the show to discuss Bob’s recent debate on ZeroHedge, which centered on Austrian economics versus Modern Monetary Theory (MMT).

Dinesh D’Souza and guest Ryan McMaken discuss the issue of birthright citizenship.

I have long argued that Austrian economics should be developed not as an alternative to the current academic discipline of economics but as a replacement for it.

Biden‘s last-minute pardon of Anthony Fauci was not done to spare an “innocent” person from abuse by dishonest politicians.

Has the statist tide turned from where we were culturally and politically four years ago? Or is this just a temporary lull before the political culture makes another hard left?