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| Saturday, May 10, 2025 |
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| The Spanish Blackout Is a Warning to the World |
| Daniel Lacalle |
| The blackout in Spain was not caused by a cyberattack but by the worst possible attack—that of politicians against their own citizens. |
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| READ MORE + |
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| The Political Business Cycle 50 Years Later |
| Dale Steinreich |
| William Nordhaus coined the term “Political Business Cycle” a half-century ago. The idea was that government authorities, particularly the central bank, would manipulate the economy to correspond with election cycles, a practice that continues to this day. |
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| READ MORE + |
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| Most popular this week |
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| Real ID Is Not About Keeping You Safe |
| It’s important to understand that Real ID is not an irritating but necessary program to keep Americans safe. It’s the latest example of the government using 9/11 as an excuse to grab more power. |
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| Tariffs Did Not Make America Great and Won’t Make America Great Again |
| Trump has dubbed himself “a Tariff Man.” This is nothing new. However, his frequent claims regarding the US economy during the Gilded Age need scrutiny. |
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| The Spanish Blackout Shows Why the Green Dream Is Unsustainable |
| The collapse of the electric grid in Spain and Portugal proves that reliance on renewables for electric production is doomed to failure. Whether people listen is another story. |
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| Featured Audio |
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| California’s Bullet-Train Delusion |
| California’s bullet train is economic fantasy. Ryan McMaken and economist Bill Anderson expose the costly realities of a project ignoring economic sense. |
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| The Method Behind Real Economic Thinking |
| Jonathan Newman joins Bob Murphy to explore what economics really is, why it matters, and how Jonathan’s new online course is helping teach it the right way. |
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| The Gold-Silver Ratio |
| Gold vs. silver: the historical battle returns. Mark Thornton explains what the gold-silver ratio means for investors today, and what it signals for the future economy. |
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| The Public Health Bureaucracy: Enemy of the Public, Enemy of Health |
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| Bureaucrats just enforce rules and demand obedience. |
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| The Misesian |
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| Rothbard’s “Anatomy of the State” introduces the state as a unique, coercive institution, distinct from society. The latest Misesian expands on this view, examining historical commentary on the state’s emergence and its central role in modernity. |
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| DOWNLOAD + |
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