Exclusive Interviews
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May 24, 2015
I would say specifically as it relates to my research on the fiscal expenditures for bailouts that right now there is a great deal of strong rhetoric and toughness demonstrated regarding not bailing out institutions that approach failure at some unspecified poi ...
May 17, 2015
Obviously, drug cases have had a huge impact on me because they are victimless crimes and they oftentimes carry mandatory minimum sentences along with them. Sometimes they're ridiculously long, outrageously immoral mandatory minimum sentences. I think it is an ...
April 26, 2015
In a nutshell, people think the financial crisis is in our past. It is not. It is in our future. That was the overture to the opera, the beginning. This thing is far from over. It is the people who didn't understand that crisis that are the ones who think we ha ...
April 19, 2015
Nobody wants to run on a slogan of 'Vote for me and I will make you take that bad-tasting medicine that will eventually work.' So people want to pretend, 'Yes, just vote for me and I will cut taxes, eliminate waste, fraud and abuse, and the economy is going to ...
April 12, 2015
DB: Do you truly believe that Western governments have embarked on a coordinated attack on the private lives of their citizens? Nick Giambruno: Not only have they embarked, but they have succeeded in killing off financial privacy. But before we go into details ...
April 05, 2015
I wrote an article for Mises Daily where I pointed out that marijuana legalization in Colorado (and elsewhere) is basically the people nullifying federal and international law. There was a subtle dare in the article to President Obama to use federal resources t ...
March 29, 2015
The long-term trends are not hopeful in the context of traditional modern investing. As we've discussed, there's too much monetary and political influence in the world, too many technocrats trying to tell you what to do. And too much mob rule as well, where you ...
March 22, 2015
Anthony Wile: Is Ukraine going to divide into two separate entities? Daniel McAdams: That is not for us to decide. In principle, secession is a commendable pursuit. Our country was founded on secession. The Founders decided that they no longer wanted to be gove ...
March 15, 2015
I think everywhere in the world, not just in Europe but also in the US, voters are increasingly skeptical about whether a "democratic" government is actually looking after their own interest or looking after the people's interest. I think increasingly people re ...
March 08, 2015
Yes, authoritarians and other sociopaths seek one thing above all else – control. Some are satisfied with just dominating the local PTA, but others want to dominate the world. It is just a matter of degree, but these people exist. And they will do whatever th ...
March 01, 2015
Anthony Wile: What are taxes? Jules: Taxes are like an extra tip that goes to the government. So like when you go to a restaurant, half of that money goes to the government and the dinner bill is higher because you have to pay the government. Anthony Wile: Did ...
February 22, 2015
Our mission's expanded because the central problems with the government – surveillance, swat team raids, innocent citizens getting shot – all those things have expanded. Most of those issues, when the Rutherford Institute was founded some 30 years ago, didn ...
February 15, 2015
I see the main issue as the continued expansion of the welfare and warfare state. The national debt is now $16.8 trillion and it was about $8.5 trillion when I made FIAT EMPIRE in 2006. It looks like the bankers are winning. I thus think the only way this debt ...
February 08, 2015
I think we just need a little more time for things to gain momentum on the federal level. The National Cannabis Industry Association (NCIA) and the Marijuana Industry Group (MIG) both bring an incredible amount of credibility and organization to this effort. Wi ...
February 01, 2015
The biggest issue facing the Western world today is "counterfeit money." Central bankers are doing exactly what mafia dons are thrown in jail for doing, namely creating counterfeit money. They create money out of nothing, which then is multiplied many times ove ...
January 25, 2015
Economic policy determines the wealth and poverty of nations … The fundamental cause of a nation's economic fate is not to be found in geography, or resource abundance, but in the ideas and institutions that define that system. Private property, freedom of tr ...
January 18, 2015
We have this issue now with patent law where we have a number of entities out there that aren't making any products, don't want to make a product but what they want to do is acquire dated patents, older patents, and then come up with a legal claim that some oth ...
January 11, 2015
Gold coins are the most marketable instruments known to man. Its holder can trade on the best terms possible. Gold bills are the second most marketable instruments. Demand for them is virtually unlimited. Banks overflowing with gold coins scramble to expel them ...
January 04, 2015
Like everything else in the process of social change, it doesn't happen overnight. Consider, for example, the environmental movement. When we were kids, just getting people to stop throwing garbage out of the car window was considered a great environmental vict ...
December 28, 2014
They're selling the Trans-Pacific Partnership and its European sister, the Transatlantic Trade and Investment Partnership, as though they're trade deals and they're not. It's a multinational takeover. There are plenty of trade deals in place, and it's estimated ...
December 21, 2014
In my sophomore year of college, I came up with the basic outline of what needed to be done: a curriculum tied to Western civilization and Austrian School economics. That was in 1960. In the late 1960s, I was a teaching assistant in the Western Civ program of t ...
December 14, 2014
I'm still extremely optimistic about agriculture, more so than many sectors of the world economy. … If you want to invest in agriculture, the best thing you should do is become a farmer. Buy yourself some land and become a farmer if you'd be any good at it †...
December 07, 2014
Remember, all markets are now manipulated on a 24/7 basis. It is the only way TPTB have been able to maintain their fiat Ponzi scheme this long, by "painting" markets like stocks and precious metals to tell the story they want told. Of course, not all markets â ...
November 30, 2014
I think that in my experiences living outside the USA for a decade, I came to see life as a need to find peace within ourselves. Taking an allegiance to a country, a group of political leaders, is inherently contrary to that. I have seen many write that one's i ...
November 23, 2014
Voters in Alaska and Oregon voted to make marijuana legal for adults and regulated like alcohol, and the cities of South Portland, Maine and the District of Columbia made possession of small amounts of marijuana legal for adults. A medical marijuana initiative ...
November 16, 2014
Halbrook: Restrictions in the US on the human right to arms and defense began during the epoch of chattel slavery. That was abolished. Prohibition of alcohol generated organized crime, which in turn generated efforts for gun restrictions, but World War II made ...
November 09, 2014
I got into healthcare by accident. It's a sleepy field. The best economists are not in healthcare; they're in monetary policy or growth economics. It was a field that desperately needed radical revision, and most of what I've done in health economics has been a ...
November 02, 2014
First off, to be successful in resource speculation, you need to see everything through the eyes of a contrarian: Yes, junior resource stocks are out of flavor... so they're very cheap. It's not easy to buy low and sell high, but we are currently in a period wh ...
October 26, 2014
As someone who grew up under a communist regime, with no free press, no public debate of foreign affairs, with schools that were indoctrination camps and a nearly tyrannical bunch of rulers who seemed to believe that their destiny was to guide the workers of th ...
October 19, 2014
Mostly this research is being conducted with animals – very little on humans. There are very few clinical trials. It is promising in neuropathic pain, inflammations, anxiety, schizophrenia (with CBD) and many others (see Pacher and Kunos, above). When CBD bec ...
October 12, 2014
Here's my guess... Some time in the next few months the authorities get a wake-up call. They are tapering off QE. This reduces the amount of excess liquidity driving up stocks. It is bound to increase volatility, too. It wouldn't be too much of a surprise to se ...
October 05, 2014
Consider this: Since most of the news that the worldwide news organizations pass is the negative news, most of us hardly hear about the positive news out there. Thus, I posit that there is more positive news out there than negative news and the reason there is ...
September 28, 2014
The Daily Bell was the first media outlet to break the story, and it took courage to do so. The GGC debacle needed to be exposed. Potential investors and purchasers needed to be warned so that they did not walk into the same angst as my husband and me. When we ...
September 21, 2014
Andy Hoffman: Janet Yellen is so dangerous because she is a career Keynesian puppet, with not a shred of success on her resume or even the slightest inclination to try anything other than enhanced money printing. Of course, it's not her fault that she inherited ...
September 14, 2014
Speaking for the US, it will be too late when the next real or contrived major terrorist attack on the US takes place. A couple of days after this happens, the United States and your ability to leave, or have funds wired into or outside the country unless you a ...
September 07, 2014
So they tried to present me in a sinister light by taking a lot of things out of context and they actually had to piece that segment together kind of like Frankenstein made his monster, because they actually would show them asking questions and then the answers ...
August 31, 2014
When I first started to look at marijuana I went into the library, and this was in 1967, because many of my friends in Cambridge were using it and I would say to them, "You mustn't do that. That's harmful. You really shouldn't smoke that." I was an arrogant you ...
August 24, 2014
I saw that we were leading the world in the incarceration of our people, both by sheer numbers as well as per capita, ruining people's lives and I decided the so-called remedy is worse than the disease – namely, of course, the drugs can be dangerous but they' ...
August 17, 2014
What we have had is a massive inflation of what I call "debt money" because actually, debt is the raw material from which fiat money is manufactured. You can see from this Debt/GDP chart that there has been a very modest reversal of total debt (public and priva ...
August 10, 2014
What are the "lofty standards of liberty"? Lawrence Reed: I'll list some of the big ones here but this is by no means a complete roster: Respect for the lives, property, choices and contracts of your fellow citizens. A healthy recognition that as much as you th ...
August 03, 2014
Economically, there is not much that pleases me because I think we are in an economy that is on steroids – in other words, the money printing – and the money printing goes essentially to wealthy people. Of course, they spend and as a result of the asset bub ...
July 27, 2014
Mexican President Vicente Fox Quesada wrote the Foreword to my new book, The Cannabis Encyclopedia, that will be released in December of 2014. I was fortunate to meet President Fox in San Francisco last year, 2013, at a press conference in San Francisco, CA. I ...
July 20, 2014
Was there any justifiable reason to incarcerate [drug users] in the first place? Stephan Kinsella: Well, finally, an easy one! Of course not. Drug laws are completely evil. I believe some day we will look back on this like we look back on the days of chattel sl ...
July 13, 2014
Escobar: I think the world will change its policies, first with marijuana and then with cocaine. The important thing then will be to invest in education for the children so they know that it's harmful, same as alcohol. The problem is that right now there is ver ...
July 06, 2014
When are Americans going to see through the charade? Right now they don't have the courage, dignity or self-respect to do so. They don't want to admit they've been conned by their con-manders in chief. They don't want to believe they bought the lies of hope and ...
June 29, 2014
We do not need the military-industrial complex that President Dwight Eisenhower warned us about. I trace the problem back to Toynbee's observation that "The American Republic will endure, until politicians realize they can bribe the people with their own money. ...
June 22, 2014
I think the most important thing is education, spreading the message, which is where we're having success, and getting people to understand free-market economics – why it's good and why it's beneficial to the largest number of people and the reason we had a l ...
June 15, 2014
International diversification strategies are important, in short, because they allow you to be not wholly dependent on any one particular country. When you are internationally diversified what you are doing is diluting the amount of control your home government ...
June 08, 2014
I believe that it is an inappropriate use of state power to infringe upon the liberties of an individual simply based upon what he or she puts in their body. And nowhere do I believe this infringement upon the individual's liberty is more egregious than in situ ...
May 25, 2014
I'm on the beach in the Caribbean today as I respond to the interview questions so for me, personally, like the Zac Brown Band sings in their hit song, "Toes", "I got my toes in the water, *ss in the sand not a worry in the world, a cold beer in my hand. Life i ...
