The Tom Woods Show

In today's episode I share the remarks I delivered at the Mises Institute's 35th anniversary event in New York City in October 2017. No intra-libertarian drama here; just the hows and whys behind the importance and success of the Mises Institute, a place I truly cherish, and its significance for all of us. Show notes for Ep. 1046

There's one thing in particular that the Austrian School of economics understands better than do other schools, and it helps to explain why the Austrians in turn better understand how the economy works (and what makes it not work). That thing is capital theory. Boring? Nope. Super important. Here's what other economists don't get. Show notes for Ep. 1045

John Duncan (R-TN) has served in the U.S. House of Representatives for 30 years, and is the last Republican in Congress to have voted against the war in Iraq. He joins me to review the claim that the military has been "eviscerated" in recent years. Show notes for Ep. 1044

A promotional video about this school sparked a heated debate among listeners in my private Facebook group. The video describes the school as having no classrooms, tests, or homework, in which the students direct and evaluate themselves, etc. Is this a natural model for libertarians, or is it just plain silly? I talk to a staff member and a student at the school in today's episode. Show notes for Ep. 1043

Jo Ann Cavallo, who chairs the Department of Italian at Columbia University, found herself drawn to libertarianism and the Austrian School of economics because of -- who else? -- Ron Paul. She's now bringing these ideas into her scholarly work, with outstanding results.   Also, I can't resist asking her about Machiavelli, a figure I've never been sure I've gotten quite right.   Show notes for Ep. 1042

Seamus Coughlin, creator of Freedom Toons, has mastered the art of using animation to convey libertarian ideas in a way that's genuinely funny, and not at all preachy. I catch up with him on what he's been up to lately, what the animation process is really like, and where he'd like to take his growing empire. Show notes for Ep. 1041

Michael Malice has written an important column for the Observer, on the fragmented politics of the West. In Europe, more and more political parties, favoring incompatible policies and ideologies, are struggling with each other. What does it all mean for liberty? Show notes for Ep. 1040

Economist Peter Leeson has just released a challenging new book, via Stanford University Press, that tries to make sense of seemingly irrational practices from far-off times and places -- ranging from wife sales to trial by battle, as well as things far weirder -- through the lens of economics. Show notes for Ep. 1039

Walter Williams, a professor of economics at George Mason University and the author of many books, discusses discrimination, economics, and race. Show notes for Ep. 1038

Scott Horton, our great libertarian foreign-policy expert, joins me to review seven countries and discuss the (grim) outcome of intervention in each. Show notes for Ep. 1037

Mark Skousen, who just released the 5th edition of his economics textbook, joins me to discuss quite a few topics, with special emphasis on why the Austrian School sees the economy more clearly than do other schools of thought. He takes on the "circular flow" model, the problems with GDP, and why the standard approach leaves out some of the most important activity in the economy. Show notes for Ep. 1036

Mises was of course one of the great economists, and casual followers rightly credit him for his work on the problems with socialism, or the origins of business cycles, or other topics with obvious policy implications. Often overlooked, however, is how Mises solved a major problem within economics itself, having to do with monetary theory and marginal utility. Bob Murphy joins me to give us an even fuller appreciation of Mises' genius and importance. Show notes for Ep. 1035

Actor and stand-up comedian Owen Benjamin lost not just a gig but also his agent and his management when he suggested that elementary-school children whose parents want to support their "gender transition" probably shouldn't be given hormone blockers. He hasn't backed down, and now, blackballed virtually everywhere, is building up an independent career apart from these creeps. Show notes for Ep. 1034

General John F. Kelly, Chief of Staff to the President, made some comments about the Civil War recently that sent the enforcers of orthodoxy into apoplexy. Here is our calm response to the controversy. Show notes for Ep. 1033

Bitcoin.com CEO Roger Ver joins me to discuss a wide range of topics related to the cryptocurrency Bitcoin, including its recent spike, ideological disputes within the Bitcoin world, the IRS and Bitcoin, whether Bitcoin is in a bubble, and a lot more. Show notes for Ep. 1032

In 2015 Ross Ulbricht was convicted of crimes related to the operation of the Silk Road marketplace, where people could buy and sell goods anonymously. He was sentenced to an astonishing two life sentences plus 40 years. The case was shot through with irregularities, outrages, and horrific precedents. His mother, Lyn Ulbricht, joins me to discuss Ross's case and where it goes from here. Show notes for Ep. 1031

Mike Maharrey, national communications director for the Tenth Amendment Center, joins me for a lesson in local activism, as he describes his public awareness campaign about police surveillance practices. (He's being sued, if you can believe it.) Show notes for Ep. 1030

Bill Binney, a cryptanalyst-mathematician and (formerly) highly placed intelligence official within the National Security Agency (NSA) blew the whistle on NSA activities in 2002. Since then, he's been through everything from a raid on his home to having a sympathetic documentary made about him. He joins me to discuss his ordeal, plus his views on alleged Russian involvement in the 2016 election. Show notes for Ep. 1029

In this episode I talk to Dave Smith and Bob Murphy on Dave's podcast Part of the Problem, recorded aboard the Contra Cruise. We hit on lots of topics: what we'd do without state-run "help the needy" programs, where the biggest threat to liberty is coming from these days, what it means to be a good teacher, what happened to the prospects for liberty after 9/11, and plenty more. Show notes for Ep. 1028

In the age of social media, the quality of discourse seems to have hit a low point. We find ourselves bombarded with criticisms that (to put it mildly) don't rise to the level of an argument. I discuss arguments and non-arguments with Stefan Molyneux, author of the new book The Art of the Argument. Show notes for Ep. 1027