Ryan and Zach talk about how the realities of expensive industrial warfare are still relevant. The Pentagon's fantasy of precision techno-war doesn't apply to wars with peer countries like Russia or China. 

Recommended Reading

"In a war of attrition, you want an economist as defense minister" - The Bell: https://Mises.org/WES_21_A

"The Economics of War" by Murray Rothbard: https://Mises.org/WES_21_B

"The Economics of War" by Matthew McCaffrey: https://Mises.org/WES_21_C

"Defense, Controls, and Inflation" edited by Aaron Director: https://Mises.org/WES_21_D

"Guardians of the Warfare State" by T. Hunt Tooley: https://Mises.org/WES_21_E

"Wartime: Understanding and Behaviour in the Second World War" by Paul Fussell: https://Mises.org/WES_21_F

Be sure to follow War, Economy, and State at https://Mises.org/WES.

War, Economy, and State

The True Cost of Modern Industrial Warfare

Ryan and Tho and guest Karl Streitel talk about how the public school monopoly conditions students for obedience while failing to educate them.

Discussed on the Show 

“Public Schools Have No Respect for the Students or Their Parents” by Karl Streitel: https://Mises.org/RR_187_A

“Government Schools Are Propaganda Machines” by Karl Streitel: https://Mises.org/RR_187_B

"The Costs of the Progressives": https://Mises.org/RR_187_C

Additional Resources

Options for Education: https://Mises.org/RR_187_D

Quantum Courses: https://Mises.org/RR_187_E

Prenda: https://Mises.org/RR_187_F

Acton Academy: https://Mises.org/RR_187_G

The Learning Liberty Podcast: https://Mises.org/RR_187_H



Claim your free copy of What Has Government Done to Our Money?: https://Mises.org/Money

Be sure to follow Radio Rothbard at https://Mises.org/RadioRothbard.

Radio Rothbard mugs are now available at the Mises Store. Get yours at https://Mises.org/RothMug

PROMO CODE: RothPod for 20% off

Radio Rothbard

The Problem with Public Schools

Do Austrian theories also apply to financial markets?

Narrated by Millian Quinteros.

Audio Mises Wire

Man, Economy, and Financial Markets | Jon Wolfenbarger

Contrary to mainstream economists, credit expansion that is not backed by real savings leads ultimately to an economic downturn.

Narrated by Millian Quinteros.

Lending without Saving Brings Recession and Poverty | Frank Shostak

Political and academic elites have successfully convinced the public that they should fear private enterprise. However, people really should fear an out-of-control government.

Narrated by Millian Quinteros.

They Want to Scare You with Myths of “Unhampered Capitalism” | George Ford Smith

Contrary to popular belief, regulatory agencies do not improve the quality of our lives, nor do they provide safety or security. They need to be abolished, as free markets provide their own effective forms of regulation.

Narrated by Millian Quinteros.

The Case for Abolishing Regulatory Agencies | Patrick Barron

Ludwig von Mises was ridiculed for his assertion that “middle of the road” leads to socialism in the end. As the federal government swallows increasing amounts of the economy, we see that Mises was right.

Narrated by Millian Quinteros.

No, Mises Was not Wrong about the Middle of the Road | David Gordon

Garett Jones is Associate Professor of Economics at the Mercatus Center at George Mason University. He joins Bob to discuss his book, detailing the impact that immigrants' culture has on the institutions of their new home.

Professor Jones' New Book, The Culture Transplant: https://Mises.org/HAP449a

The Human Action Podcast

Garett Jones on the Economic Impact of Culture on Immigration

In this week's episode, Mark reviews several ways to fight the Fed's price inflation. Adopting these strategies proactively can improve our lives economically and psychologically—and even improve our health. They can make your family less vulnerable and improve your self-confidence. 

Be sure to follow Minor Issues at https://Mises.org/MinorIssues.

Register for the 2024 Mises Institute Supporters Summit in Hilton Head, South Carolina, at https://Mises.org/SS24

Join the Mises Institute at Freedom Fest 2024! https://Mises.org/FreedomFest24

Order a free paperback copy of Murray Rothbard’s What Has Government Done to Our Money? at https://Mises.org/Money.

Minor Issues

Fight Inflation Now

As our great friend Dr. Bob Murphy said on an earlier show, knowledge of economics is necessary—but not sufficient—to be be a good investor. A new book entitled 'Austrian School for Investors' (https://mises.org/P11022), co-authored by our guest, Ronald Stöferle, bridges the gap between understanding the economy and understanding how to invest money, in a highly readable and succinct format.

The book's co-authors are all economists and financial professionals, versed in both worlds. And, they've written a very different kind of investment book, one that doesn't tout stocks, sectors, industries, or complex timing strategies. It doesn't recommend specific equities or bonds. Instead, it's a fantastic primer on Austrian economics and its application to financial markets.

By understanding money, value, interest rates, business cycles, and capital from an Austrian perspective, the smart investor knows far more about fundamentals than many fund managers and investment advisers. Most of those managers and advisers are dangerously ignorant of monetary policy, and don't understand inflation—so they're stuck trying to time booms and busts. This book won't only change the way you look at making money, but how you look at Austrian economics itself.

Mises Weekends

Ronald Stöferle: Austrian Investing

The Mises Institute, founded in 1982, is an educational institution devoted to advancing Austrian economics, freedom, and peace in the classical-liberal tradition. Our website offers many thousands of free books and thousands of hours of audio and video, along with the full run of rare journals, biographies, and bibliographies of great economists.

Ronald Stöferle: Austrian Investing

Mises Institute

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