ОБ ЭТОМ ЭПИЗОДЕ
Why is a lecture on banking scheduled for the very first day of Mises University? Because, Jonathan Newman argues, banking is where money gets strange. Following Rothbard's Mystery of Banking, he separates the two things a bank can do—safekeeping your deposits and lending out savings—and shows that neither one expands the money supply. The trouble begins when a bank promises your deposit is available on demand while quietly lending most of it away.
Recorded at the Mises Institute in Auburn, Alabama, on July 20, 2026.
Mises University is the world's leading instructional program in the Austrian School of economics, and is the essential training ground for economists who are looking beyond the mainstream.
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ДРУГИЕ ЭПИЗОДЫ В ЭТОМ ПОДКАсте
Rothbard traces the Milner Group from Rhodes’s 1891 society through its command of British postwar planning and the expert delegation at Versailles, to the founding of the Institute of International Affairs in Paris in 1919. Its first American member had come to notice by attacking the American Rev…
The Council on Foreign Relations emerged from a 1921 merger, Morgan-dominated from top to bottom, with Elihu Root as honorary president and Morgan’s chief counsel as president. Rothbard recounts the founding of its journal Foreign Affairs, and how after World War II the Rockefellers displaced the M…
The neoliberal establishment has done much to define our highly-interventionist, inflationary, and crony system as true free-market capitalism. They shouldn’t be surprised, therefore, that people are turning against it.
Read the article here: https://mises.org/mises-wire/how-neoliberals-fueled-rise…
Rothbard reads the Second World War through rival interests: Rockefeller pressure for war with Japan over oil and rubber, Morgan commitment to Britain and France. He then follows the postwar Eastern Establishment, its “Cowboy” Sun Belt challengers, and the CIA operation in Iran that cut five Americ…
The term that best describes the CEO of the "private" company Flock is "parasite" or "plutocrat" or "welfare queen" because his "business model" is simply finding ways to exploit the taxpayers.
Original article: https://mises.org/mises-wire/no-flock-not-really-private-company
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