The Tom Woods Show

We hear a lot of talk about "equality of opportunity." But is there or could there be such a thing? This apparently benign idea, if taken seriously, would yield innumerable horrors, argues George Reisman in today's episode.

Hal Elrod's story will stun you -- in a terrible car accident at age 20, he was dead for six minutes, and when he did revive, he was told he'd never walk again. He went on to run a 52-mile ultra-marathon. And he developed the Miracle Morning, a morning action plan that has changed countless lives. Have a listen!

The conventional wisdom on presidential war powers is dangerously mistaken. Today I talk to one of the country's foremost experts, to set the record straight.

Ron Paul used to talk quite a bit about "the remnant." Few knew what he meant. But when you find out, it's almost eerie. Have a listen!

As the Brazilian economy has cooled off and public discontent is mounting, recent economic policy in Brazil is coming under increasing scrutiny. In today's episode we get to the bottom of what's really going on -- plus the "less Marx, more Mises" protests!

PressTV is a 24-hour English-language news network in Iran. It is state-owned, but independent of the state in its management. PressTV's Susan Modaress has interviewed me twice; this was the first time.

What a delight to be joined by John Tamny on the launch day of his excellent new book! We hit lots of hot-button topics, and you'll enjoy John's compelling, informed, and entertaining answers.

Discussions of spreading democracy in the Middle East always come back to Germany and Japan — if it can be done there, the argument goes, it can be done anywhere. Christopher Coyne discusses the flaws in this argument.

It still amazes me that an anti-Fed book spent two and a half months as a national bestseller. And I spent that time explaining the Fed to all kinds of new audiences as a result. I hope you enjoy my story about it all!

We could all stand to be more productive, but we need specifics, not the platitudes we find in the typical productivity and self-improvement literature. That's where the great Ari Meisel comes in.

Tom discusses a variety of issues: environmentalism and American Indians, the allegedly laissez-faire Herbert Hoover, and the true nature of Social Security. Host of This Event Mises Institute Book Mentioned 33 Questions About American History You're Not Supposed to Ask Related Article "What Austrian Economics Can Teach Historians," by Tom Woods (Quarterly Journal of Austrian Economics, vol. 11. no. 3, 2008) Resource LearnAustrianEconomics.com Resource Page World War II and American Prosperity (smashes this myth) Related Episodes Ep. 137 Questions You're Not Supposed to Ask Special Offers If you enjoy the Tom Woods Show, my new book — Real Dissent: A Libertarian Sets Fire to the Index Card of Allowable Opinion — is for you. Check it out! And get a free copy of the audiobook version, with me reading it, at TomWoodsAudio.com. Learn the history and economics they didn’t teach you, from professors you can trust and in courses you can listen to on the go at my Liberty Classroom. Plus live Q&A

Overstock.com CEO Patrick Byrne discusses libertarianism, his friend Warren Buffett, the revolutionary potential of the blockchain, and more. About the Guest Patrick Byrne is CEO of Overstock.com. Guest’s Website Overstock.com Guest’s Special Offer Join Overstock’s Club O discount club (free shipping on every order, plus discounts from 5% to 40%), which normally costs $19.95, for free by emailing Patrick directly at patrick -at- overstock dot com and saying you heard the offer on the Tom Woods Show! Act fast — you have only until April 10! Guest’s Twitter @OverstockCEO Video Mentioned Special Offers If you enjoy the Tom Woods Show, my new book — Real Dissent: A Libertarian Sets Fire to the Index Card of Allowable Opinion — is for you. Check it out! And get a free copy of the audiobook version, with me reading it, at TomWoodsAudio.com. Like the new TomWoods.com? It was designed by my friends at Studio 1 Design. They’ve agreed to give my listeners 10% off any design project through this special

About the Guest Joseph T. Salerno is academic vice president of the Mises Institute and a professor of economics at Pace University. Paper Discussed “A Modest Proposal for Reining in the Bernanke Fed” Guest’s Book Money: Sound and Unsound Festschrift The Next Generation of Austrian Economics: Essays in Honor of Joseph T. Salerno (PDF) Guest’s Twitter @jtsale Related Episodes Ep. 361: Against Market Monetarism and NGDP Targeting (Joe Salerno) Ep. 206: Austrian Potpourri (Joe Salerno) Special Offers I’ve just released a brand new, free eBook: 14 Hard Questions for Libertarians — Answered. Click here to get your copy! Here are 26 reasons to adopt Ron Paul’s K-12 homeschool curriculum today (and 4 not to). I produce courses for this curriculum. Sign up through this link and I’ll send you a FREE 10-lesson bonus course on the foundations of liberty, in time for the 2015-2016 academic year! Just drop me a line once you’ve signed up and I’ll get it to you.

Article Mentioned “Is Indiana Protecting Discrimination?” by Josh Blackman Related Episodes Ep. 82: Walter Williams on Nullification, Secession, and More Ep. 80: Libertarians Are Scary! (Jacob Hornberger) Book Mentioned Real Dissent: A Libertarian Sets Fire to the Index Card of Allowable Opinion, by Tom Woods GET YOUR FREE AUDIOBOOK Special Offers Get my FREE eBook, 14 Hard Questions for Libertarians — Answered! We now have 12 courses at LibertyClassroom.com! Learn the history and economics they didn’t teach you, from professors you can trust and in courses you can listen to anywhere. Take 30% off a year’s subscription with coupon code SHOW (all caps).

About the Guest Alex Tabarrok holds the Bartley J. Madden Chair in Economics at the Mercatus Center and is a professor of economics at George Mason University. Paper Discussed “Lessons from Gurgaon, India’s Private City” by Shruti Rajagopalan and Alexander Tabarrok, in Cities and Private Planning: Property Rights, Entrepreneurship and Transaction Costs, eds. David Emanuel Andersson and Stefano Moroni Books by the Guest Entrepreneurial Economics: Bright Ideas from the Dismal Science The Voluntary City: Choice, Community, and Civil Society (with David Beito and Peter Gordon) Changing the Guard: Private Prisons and the Control of Crime Guest’s Website AlexTabarrok.com Guest’s Twitter @ATabarrok Guest’s Blog Marginal Revolution Related Episode Ep. 363 It’s Happening: Seasteading — Liberty Through Floating Cities (Joe Quirk) Special Offers Learn from Tom on the go at LibertyClassroom.com! Discover the history and economics they didn’t teach you, from professors you can trust and in courses yo

About the Guest Stephan Kinsella is a registered patent attorney, lecturer, and author. He is the Director of the Center for the Study of Innovative Freedom, Founding and Executive Editor of Libertarian Papers, and blogger at The Libertarian Standard. Related Links “Argumentation Ethics and Liberty: A Concise Guide,” by Stephan Kinsella “Argumentation Ethics, Estoppel, and Libertarian Rights: Transcript” by Stephan Kinsella “Argumentation Ethics, Estoppel, and Libertarian Rights: Adam Smith Forum, Moscow” by Stephan Kinsella “Argumentation Ethics and Liberty: A Concise Guide” by Stephan Kinsella “Argumentation Ethics and Liberty: A Concise Guide (Audio)” by Stephan Kinsella “Libertarian Legal Theory: Property, Conflict, and Society: Lecture 1: Libertarian Basics: Rights and Law” by Stephan Kinsella “Libertarian Legal Theory: Property, Conflict, and Society: Lecture 2: Libertarian Basics: Rights and Law-Continued” by Stephan Kinsella “Argumentation Ethics and the Philosophy of Freedom,” by Frank van Dun B

Book Discussed James Madison and the Making of America Other Books by the Guest The Politically Incorrect Guide to the Constitution Virginia’s American Revolution: From Dominion to Republic, 1776-1840 Who Killed the Constitution? The Fate of American Liberty from World War I to Barack Obama (with Tom Woods) Guest’s Website KevinGutzman.com Guest’s Twitter @KevinGutzman

War has all the features we associate with a government program: propaganda, lies, central planning, power grabs, cronyism, centralization, taxes, debt, erosion of liberty, and unintended consequences. Check out today’s episode for the full case. Host of This Event Mises Institute Page Mentioned Readings and video to accompany this episode: tomwoods.com/readings Resource Page War and Conservatism Special Offers I’ve just released a brand new, free eBook: 14 Hard Questions for Libertarians — Answered. Click here to get your copy! Learn the history and economics they didn’t teach you, from professors you can trust and in courses you can listen to on the go at my Liberty Classroom. Plus live Q&A sessions, recommended readings, and more. Join us, using coupon code SHOW (all caps) for a special discount.

Whether his colleagues like it or not, Paul Krugman is the public face of the Keynesian establishment.  Replying to Krugman, therefore, involves more than criticizing just one person. Today Bob Murphy takes apart Krugman’s most recent New York Times column, in which he tries to defend Keynesianism against critics. About the Guest Robert P. Murphy holds a Ph.D. in economics from New York University. He is the author of numerous books (see below), including study guides to Ludwig von Mises’ Human Action (study guide here) and The Theory of Money and Credit (study guide here), and Murray Rothbard’s Man, Economy, and State (study guide here). Articles Discussed “Anti-Keynesian Delusions,” by Paul Krugman “My Reply to Krugman on Austrian Business-Cycle Theory,” by Bob Murphy Related Link “Krugman and the Babysitters,” by David Gordon Guest’s Blog Free Advice Books by the Guest Lessons for the Young Economist (free textbook; click here for a free teacher’s manual) Chaos Theory (available free) Under

About the Guest Mark Thornton, a senior fellow of the Mises Institute, is book review editor of the Quarterly Journal of Austrian Economics and teaches economics at Auburn University. Paper Discussed “Transparency or Deception: What the Fed Was Saying in 2007,” by Mark Thornton; available for download soon Books by the Guest Tariffs, Blockades, and Inflation: The Economics of the Civil War (with Robert Ekelund) The Economics of Prohibition The Quotable Mises Guest’s Twitter @DrMarkThornton Related Episodes Ep. 346: The Fed Caused the Meltdown Ep. 158: The Fed and the 1% (Mark Thornton) Ep. 118: Boom and Bust: The Cause (David Howden) Special Offers If you enjoy the Tom Woods Show, my new book — Real Dissent: A Libertarian Sets Fire to the Index Card of Allowable Opinion — is for you. Check it out! And get a free copy of the audiobook version, with me reading it, at TomWoodsAudio.com. Need inexpensive web hosting? Get a discounted rate at Bluehost — just $3.95 per month! — for TomWoods.com visi