Summary:June was supposed to be the month the Federal Reserve began reducing its balance sheet by allowing its assets to roll off faster than they are replaced. But the Fed’ balance sheet stands at a record high, as does currency in circulation as excess reserves continue to decrease.At the same time, money parked at its...
Summary: Bestselling author and constitutional scholar Kevin R. C. Gutzman returns to discuss the positives and negatives of the recent Supreme Court decisions on state gun regulations and abortion. Guest bio: Kevin R. C. Gutzman is the New York Times best-selling author of five books, including Thomas Jefferson—Revolutionary: A Radical’s Struggle to Remake America , a...
Summary: Conservatives and libertarians tend to look back at the 17th and 18th centuries as limited government, free market utopias. Patrick Newman shatters that myth with his latest book, Cronyism: Liberty versus Power in Early America, 1607-1849. Guest Bio: Patrick Newman is an assistant professor of economics at Florida Southern College and a fellow of...
Summary: Social media and other Big Tech companies claim to be fighting “hate speech” by censoring content and sometimes even banning controversial people from their platforms. Is this fascism and how can libertarians and other defenders of private property fight this without sacrificing their principles? Jason Rink joins to discuss this and his new film,...
Summary: The world attributes much of the social and economic damage it is experiencing now to the Covid-19 pandemic. But like the 9/11 attacks, the government response to this virus was far more harmful than the disease itself. And the international elites driving this agenda have even more disturbing plans for the future says Dr....
Summary: Juneteenth celebrates the proclamation read in Galveston, TX on June 19, 1865, enforcing the Emancipation Proclamation in that state. While the abolition of slavery is true cause for celebration, Lincoln gets too much credit for what was by his own admission merely a “war measure,” and not enough blame for an unnecessary war. Additional...
Summary: For thousands of years, what we now call “science” has been a boon to humanity. But today, science is in real trouble. Increasingly, social and political pressures threaten the integrity of scientific inquiry, leading to disastrous conclusions. Dr. John Staddon joins Tom his new book on this crisis, Science in an Age of Unreason...
Summary: No matter who is president or which party controls Congress, federal spending almost always goes up. But what combination of Republican or Democrat president and Congress has grown government the least? The answer may surprise you. Additional Reading Federal Receipt and Outlay Summary Party Government Since 1857 Free Gift from Tom: Download a free...
Summary: On Friday, stock markets sold off sharply on news that inflation still hadn’t peaked as May 2022 numbers indicated an 8.6% year-over-year rate. Tom Luongo has long maintained there is more going on than simple Keynesian policy-setting. Jerome Powell and the interests he represents want to free the U.S. banking system from European control...
Summary: After fourteen years of almost uninterrupted inflation of the money supply and near-zero interest rates, the Federal Reserve is talking tough on a tight monetary policy. But don’t look for a repeat of 1979, says economist Thomas Eddlem. Price inflation and real interest rates matter. It may be more like 1979 than 2009. Guest...