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Mark Thornton

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Works Published inQuarterly Journal of Austrian Economics

Contact Mark Thornton

Mark Thornton is Senior Fellow at the Mises Institute. He serves as the Book Review Editor of the Quarterly Journal of Austrian Economics. His publications include The Economics of Prohibition (1991), Tariffs, Blockades, and  Inflation: The Economics of the Civil War (2004), The Quotable Mises (2005),The Bastiat Collection (2007), An Essay on Economic Theory (2010), and The Bastiat Reader (2014). Dr. Thornton served as the editor of the Austrian Economics Newsletter and as a member of the Editorial Board of the Journal of Libertarian Studies. He has served as a member of the graduate faculties of Auburn University and Columbus State University. He has also taught economics at Auburn University at Montgomery and Trinity University in Texas. Mark served as Assistant Superintendent of Banking and economic adviser to Governor Fob James of Alabama (1997-1999), and he was awarded the University Research Award at Columbus State University in 2002. He is a graduate of St. Bonaventure University and received his PhD in economics from Auburn University.

The Economics of Prohibition

BooksJuly 20, 2005
It is conventional wisdom that alcohol prohibition failed, but the economic reasons for this failure have never been as extensively detailed or analyzed as they are in this study by Mark Thornton.

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The End of Bubble Blowing?

Audio/VideoJanuary 27, 2015
In this fascinating interview, Mark Thornton explains how the Austrian business cycle predicted the housing bubble, and how those cashing in on it criticized him until the bubble burst. Dr. Thornton and host Justin Mohr also discuss the US economy and how it isn't recovering, how bubble blowing...

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There is No Free Market in America | Part One

Audio/VideoJanuary 26, 2015
Interviewed by host Elijah Johnson , Mark Thornton explains how the Austrian view of economics contrasts with the mainstream view, how you cannot have a truly free market without sound money, and how competing currencies could benefit our economy now. This is part one of a two part interview.

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Legal Pot's First Birthday in Colorado

Audio/VideoJanuary 14, 2015
"Good news, everyone!" Mark Thornton discusses the positive results of marijuana legalization in Colorado...

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The Sky Is Not Falling: Legal Pot Turns One in Colorado

Mises DailyJanuary 13, 2015
Mark Thornton reviews the first year of cannabis legalization in Colorado and the fact that the predictions of the prophets of dooms have failed to materialize. Meanwhile, the power of the state in this area continues to weaken.

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Marijuana Legalization: Good or Bad?

Audio/VideoJanuary 2, 2015
Interviewed by host Scott Horton, Mark Thornton discusses the relation between oil prices and the world economy, and how Colorado’s first year of marijuana legalization proves that ending drug prohibition doesn’t mean criminals and teenagers will run wild in the streets...

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