Mike Cernovich has just released Hoaxed, a superb documentary about the media and how it distorts the news, influences public opinion, and demonizes dissidents. The result: a must-listen episode of the Tom Woods Show.

Show notes for Ep. 1361

I discuss the difficulties and bad consequences of wealth redistribution, both within a country (welfare programs) and between countries (foreign aid).

Show notes for Ep. 1360

Gene Epstein returns to discuss the economic side of the brand of nationalist conservatism that's been developing under Trump. Will it help the people it claims to be looking out for? Show notes for Ep. 1359 - https://tomwoods.com/1359

Stephen Walt, a professor of international relations at Harvard University's Kennedy School of Government, joins me to discuss the poor record of post-Cold War U.S. foreign policy. How has the foreign policy elite managed to isolate itself from real-world consequences for these failures? How can we insert sensible ideas into a conversation that always takes for granted the necessary for intervention and hegemony?

Show notes for Ep. 1358

People say libertarians aren't interested in good news, and that bad news sells. I'm not sure I buy that, or that that's a specifically libertarian trait. Regardless, I have good news today. Today's episode is a tribute to two partially unsung heroes of liberty. Official Libertarianism pretends they do not exist, which is further evidence of their goodness and importance.

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Show notes for Ep. 1357

In episode 1355 we looked at Einstein's famous essay on socialism. In this episode we drive the final stake through the heart of Einstein's version of socialism: the socialist calculation problem.

Show notes for Ep. 1356

Albert Einstein wrote a famous essay for the socialist publication Monthly Review in 1949 called "Why Socialism?" In this episode I note some of the problems, as well as the surprising admissions, in the essay.

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Show notes for Ep. 1355

Last night I asked the folks in the Tom Woods Show Elite, which you can join at SupportingListeners.com, for suggestions for a solo episode I might do. Someone recommended this idea, and I loved it. Enjoy!

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Show notes for Ep. 1354

Every schoolboy learns that Franklin Roosevelt cured the Great Depression with his New Deal programs. This is false, as libertarians well know. But it's still taught, year after year. In this episode I take this narrative apart.

Show notes for Ep. 1353

I finish my reply to the AlterNet article containing 11 questions that are supposed to demonstrate whether your libertarian friend is a hypocrite or not. Joining me this time is Professor Peter Klein. If the left is going to refute us, it will first need to figure out what we actually believe.

Show notes for Ep. 1352

Dr. Jane Orient, executive director of the Association of American Physicians and Surgeons, discusses what's really wrong with health care (hint: it isn't a lack of government involvement) and how to fix it.

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Show notes for Ep. 1351

Remember when conservatives used to be antiwar, opposed centralized power, and actually wanted to eliminate government agencies rather than just take them over? Yes, such people once existed. Robert Nisbet, whom you'll never hear mentioned on right-wing radio, but who was one of the great thinkers of that tradition, was one of them. I resurrect him -- not literally, so don't get your hopes up -- in this episode.

Show notes for Ep. 1350

Bob Murphy and I discuss the view, apparently now mainstream on the left, that socialism has been unjustly demonized, and that it would be quite all right to have the federal government in direct control of fully one-third of the economy. We’re not so sure this is such a super idea.

Show notes for Ep. 1349

An article at AlterNet called "11 Questions You Should Ask Libertarians to See If They're Hypocrites" is just crying out to be discussed and demolished on the Tom Woods Show. Today is your lucky day.

Show notes for Ep. 1348

"The rich" are one of the few groups we're supposed to hate. Unfortunately, among the so-called rich we have vanishingly few people capable of launching a full-throated defense of themselves against ignorant criticisms. Most are pathetically apologetic, desperately hoping to be loved. Boo. Stand up for yourselves!

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Show notes for Ep. 1347

Professor Michael Rectenwald, the former Marxist who will deliver the Ludwig von Mises Memorial Lecture at the Mises Institute's Austrian Economics Research Conference this year, returns for a sneak preview of what he plans to say there about postmodernism, authoritarianism, and "social justice." We also discuss media gullibility, why corporations seem to be jumping on board the SJW bandwagon, and a lot more.

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Show notes for Ep. 1346

Both times I've surveyed my listeners, Michael Malice has been chosen as their favorite guest on the Tom Woods Show. Here I try to uncover what makes him tick. That takes us back to his birth in the Soviet Union, his move to the United States, his experiences in school, his exposure to Ayn Rand, the development of his ideas, and a lot more. Plus, I ask him the question he most likes to ask others.

Show notes for Ep. 1345

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When you read old -- and I mean old, like nineteenth century old -- American writers on money and banking, something jumps out at you: they understood things with a surprising clarity, and had a proto-Austrian conception of why the economy experienced boom-bust cycles. Suddenly it feels less lonely to believe that artificial credit creation leads to a boom that has to end in a bust. In this episode, therefore, I share some unknown American intellectual history.

Show notes for Ep. 1344

Stephen Presser and I go from William Blackstone, whose Commentaries on the Laws of England played such a central role in influencing early American ideas about the law, all the way to the Marxist-inspired Critical Legal Studies movement, the feminist legal critique, and back again to the originalism movement.

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Show notes for Ep. 1343

How many times has this crisis been chalked up to "greed"? As if people hadn't been greedy three weeks earlier. It's time our amateur moralizers learned a little something, and that's the purpose of this episode. My thanks to the Acton Institute, where I delivered these remarks.

Show notes for Ep. 1342

Cliff Maloney, president of Young Americans for Liberty (YAL) -- an organization I have enthusiastically supported for over ten years -- joins me to discuss their strategy for the campuses and society at large. YAL developed out of Students for Ron Paul, and are on the front lines of getting our message to young people who might otherwise never hear a dissenting voice.

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Show notes for Ep. 1341

Ben Lewis and I go back into conservative/libertarian history to discuss the work of Frank Meyer, who thought the conservative and libertarian positions were not so difficult to reconcile. Conservative stalwart Russell Kirk wasn't buying it, and the two feuded vigorously. Murray Rothbard, too, weighed in on the controversy.

Show notes for Ep. 1340

Friends and foes of the market alike refer to capitalism as a system of "competition." Is that really its characteristic feature, and is that what distinguishes it from other systems? This is actually a misunderstanding, and one that probably turns plenty of people off to the market. What's the right way to think about and explain it? That's what Antony Sammeroff and I discuss in this episode.

Show notes for Ep. 1339

In this episode I explore the history of the idea that society can more or less run itself, that there are certain observable regularities in our relationships with one another, particularly in commerce, that cannot be interfered with without negative consequences, and do not actually need to be interfered with in the first place.

Show notes for Ep. 1338

Walter Block, who holds the Harold E. Wirth Eminent Scholar Chair at Loyola University in New Orleans, joins me to discuss some particularly tricky questions for libertarians.

Show notes for Ep. 1337

Josh Blackman, a professor at South Texas College of Law, discusses the grounds on which U.S. District Court Judge Reed O'Connor found Obamacare unconstitutional. We discuss John Roberts' decision for the Supreme Court as well.

Show notes for Ep. 1336

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That's a provocative title, to be sure. Author William Cavanaugh, a professor at DePaul University, is not saying that what we recognize to be religious beliefs can never inspire violence. What he is saying -- and I won't spoil the episode by spelling out his thesis here -- forces us to rethink what we thought we knew about religion, secularism, and war.

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Show notes for Ep. 1335

We hear lots of calls for "affordable housing," and much less discussion about what might be making housing not so affordable. Ryan McMaken of the Mises Institute shows that -- surprise -- the government's fingerprints are all over this problem.

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Show notes for Ep. 1334

Looking over many Tom Woods Show episodes, I discovered a common theme: finding freedom in an unfree world. It's not true that we libertarians only complain. We build. So I talk secession from: the screwed-up American health care system, the monetary system, the education system, the traditional 9-to-5 job, and a lot more.

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Show notes for Ep. 1333

Historian Brion McClanahan joins me to discuss an article on secession, particularly on the nineteenth-century southern secession, that makes the rounds every once in a while in fashionable libertarian circles. Libertarians can't support secession across the board, the author says, because some seceding states intend great evil once seceded. He further says there's no right of secession of an American state anyway. Are these statements sound? That's what we discuss today.

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Show notes for Ep. 1332

In one of my Twitter exchanges, I came across a fellow who thought the vulnerable would be worse off under libertarianism, since they'd be less likely to have access to education, etc. Since a lot of people think this way, I thought I'd address issues like this in this episode.

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Show notes for Ep. 1331

Richard Cobden, the nineteenth-century pro-trade, noninterventionist member of Parliament, once said, "The progress of freedom depends more upon the maintenance of peace and the spread of commerce and the diffusion of education than upon the labor of Cabinets or Foreign Offices." I take this one sentence and riff on it, covering themes in modern European history, development economics, noninterventionist foreign policy, and more.

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Show notes for Ep. 1330

Today I talk to Ethan Blevins with the Pacific Legal Foundation, which does pro bono work for people wronged by the state. Crazy laws and regulations in left-wing Seattle keep these folks pretty busy, but they take on cases all over that part of the country. Nice to have an encouraging episode once in a while!

Show notes for Ep. 1329

Some libertarians shrink from this kind of language, but I don't see how it can be doubted, especially now. In this episode I discuss not just the Covington high school students, but also the media's general pro-regime bias.

Show notes for Ep. 1328

Alex Epstein of the Center for Industrial Progress joins me to discuss the Green New Deal proposal, which seeks a radical transformation of the American economy in the service of "green" energy targets.

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Show notes for Ep. 1327

Frequent guest Bob Murphy returns, this time talking about his new (co-authored) book, The Case for IBC. This is an acronym for "Infinite Banking Concept," a strategy that uses properly designed whole life insurance policies as a way to "become your own banker." The concept was developed by Nelson Nash, who besides working in insurance was personally tutored in Austrian theory by Leonard Read himself. Bob explains how the average person can benefit from IBC, and he answers common objections like "Isn't it better to buy term and invest the difference?" and "Why would I put my money in life insurance when the dollar is going to crash?"

Show notes for Ep. 1326

A law professor recently included a thought experiment on a constitutional law exam: suppose Lincoln had survived the assassin's bullet, and later wound up facing articles of impeachment for some of his actions during the war. This is obviously a useful exercise, since many people feel an emotional connection to Lincoln and his cause, but this is precisely what law school is supposed to be about: can you suspend such thoughts and think entirely about the law? Well, guess how one critic characterized the exam. You already know the language used to condemn it. Brion McClanahan and I review the accusations against this professor, and the extremely valuable and thought-provoking questions on his exam.

Show notes for Ep. 1325

Musician Tatiana Moroz has an audience a portion of which is new to libertarian ideas, so she asked me newbie-friendly questions: how I get non-libertarians to start thinking differently, who will build the roads, what about the police, the truth about the Federal Reserve -- fun questions like that.

Show Notes for Ep. 1324

Author and publisher Victor Koman joins me to discuss agorism, the anti-political, anti-state philosophy and strategy developed by Samuel E. Konkin III. Those chapters that exist of Konkin's would-be treatise, Counter-Economics, have just been released for people to read for the very first time. We discuss those chapters and the ideas found in them, and how what Konkin calls the "counter-economy" can challenge the state.

Show Notes for Ep. 1323

Professor Jeff Herbener just completed the first of two courses for my LibertyClassroom.com website on American economic history, an area where there are plenty of misconceptions and fallacies to refute. In this episode we talk about 19th-century monetary policy and bank panics, fiscal policy in an age of limited government, colonial inflation, and lots more.

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Show notes for Ep. 1322

A hundred years ago progressives thought it best that we be ruled by experts. Their vision culminated in the administrative state we have today, in which federal agencies make law, at times even clearly at odds with the actual wording and intent of Congress. Peter Wallison joins me to discuss the problem and the solution.

Show notes for Ep. 1321

Tucker Carlson, who's been great on some issues, has been speaking out against what he considers the free-market fundamentalism (I wish!) of mainstream conservatism. He says we need to understand that there's more to life than GDP, etc. Since this line of argument makes me crazy, I devoted this episode to answering it.

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Show notes for Ep. 1320

Steve Clayton was a vice president at LabCorp, where many of us have gone to have blood work done, and took a chance: he left it all behind to go out on his own as an entrepreneur. The gamble paid off magnificently. Today we compare notes on what works and what doesn't, and the features your online business should have to maximize your likelihood of success.

Show Notes for Ep. 1319

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Today, Sasha Hodder, an authority on the legal and regulatory aspects of cryptocurrency, discusses the regulatory hurdles faced by crypto, but also advances in privacy for users.

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Show Notes for Ep. 1318

Allen Mendenhall, who holds a Ph.D. in English from Auburn University, joins me to discuss what libertarian literary criticism looks like.

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Show Notes for Ep. 1317

Pat Flynn -- fitness expert, libertarian, and entrepreneur -- joins me to discuss one of the vanishingly small number of books in personal development that gives you specific action items to improve yourself, as opposed to a ceaseless stream of fortune-cookie maxims. Chances are, your efforts at self-improvement are misdirected; Pat is truly where it's at.

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Show Notes for Ep. 1316

In this episode, I review some themes from my 2011 book Rollback, which makes the case against, well, pretty much everything -- the Fed, the military-industrial complex, the whole kit and kaboodle. I also discuss an interesting development in the James Damore case at Google.

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Show Notes for Ep. 1314

She says it's about time people "pay their fair share," and that she needs the dough to fund her Green New Deal. Others are saying that since we had high top marginal rates in the past, it's no problem to have them now -- and maybe the economy would be even better! Well, no, no, and no.

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Show Notes for Ep. 1314

The latest claim -- if you can believe it -- is that so-called dollar stores make the poor poorer. This isn't the first time the private sector has been condemned for expanding the choices available to the poor; I discuss three such cases in this maddening episode.

Show notes for Ep. 1313

If you say Trump makes political mistakes, you get scolded: why, what do you know, Mr. Know-It-All? He managed to get elected against all the odds! He knows what he's doing! Now while that cautionary note is valid as far as it goes, the man is mortal, after all. And his mistakes are stupefying: truly unforced errors.

Show notes for Ep. 1312

As the new year begins I devote this episode to (1) a review of the decisions by Jordan Peterson and Dave Rubin to leave Patreon and build an alternative, and (2) taking stock of the War on Terror, and why we can be cautiously optimistic.

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Show Notes for Ep. 1311