The Imaginary World of Fed “Independence”
The rhetoric of independence allows the Treasury and the Fed to cooperate when convenient and deflect blame when something goes wrong.
The rhetoric of independence allows the Treasury and the Fed to cooperate when convenient and deflect blame when something goes wrong.
Mark Thornton explains how government intervention creates inequality, privileging protected industries and politically connected insiders while pushing costs onto everyone else.
Democrats learned the hard way that voters don’t like being told the economy is great when they’re struggling to afford everyday life. Now Republicans have chosen the same strategy.
Months ago, the administration said the war's goals were regime change and the removal of all uranium from Iran. We never hear about that anymore because the war has failed to produce either goal. Instead, Trump calls for opening the Strait of Hormuz, which had been open before the war.
Ryan, Tho, and Dr. Jonathan Newman discuss recent economics headlines, including interventions to prop up the yen, a bad jobs report, and troubling signs in bond markets.
Dr. Mark Thornton of the Mises Institute joins VRIC Media to discuss what may really be driving Federal Reserve policy—and why the Fed’s priorities may have far more to do with government debt, financial markets, and confidence in the dollar than simply controlling inflation.
Mises Institute’s Mark Thornton joins Lynette Zang to break down why financial markets can boom while everyday Americans continue to struggle. They discuss the AI-driven market surge, rising debt, distorted markets, declining purchasing power, and why the difference between owning real money and relying on a financial system built on debt matters now more than ever.
Mises Institute senior fellow Mark Thornton joins Capital Cosm to discuss what rising gold and silver prices, stubborn long-term interest rates, and growing pressure on the dollar may be signaling about the economy. Thornton explains how monetary inflation, government debt, and changing global demand for the dollar are reshaping financial markets—and why sound economic thinking matters in uncertain times.
Mark Thornton explains how ideology can break the uniparty, why blocked realignment risks revolution, and why Austrian economics helps young Americans see through the crisis.
Fauci is back in the limelight after the release of his diary before a Senate hearing last week. And that’s good, because the career of Anthony Fauci can teach us a lot about where power actually resides in America and how our system really works.
Much of the discussion around American healthcare ignores the fact that most of the American healthcare system is already a government healthcare system.
Dinesh D’Souza—a self-proclaimed opponent of “revisionist history”—reinterprets the Declaration of Independence through anachronism and equivocation, reading modern concepts of nationhood and equality back into 1776.
On this episode of Power and Market, Ryan, Connor, and Tho discuss the social debate this week focused on Gen Z economic anxiety.
Mutual aid societies once were an important part of the US social landscape. Africans can benefit from the same movements—provided their governments get out of the way.
In spite of the GOP's feigned dismay over Morocco's weaponization of migrants against Spanish exclaves in North Africa, US policy supports Moroccan expansionism in the region.
Bob returns to the fractional reserve banking debate to clarify a point the critics keep missing: in the Mises-Hayek-Rothbard framework, it's fractional reserve banking itself that sets the boom-bust cycle in motion, not merely central banks.
Deflate the dollars, or redefine the dollar’s weight—or some blend of the two.
Not a novelty but an inheritance: Jeffersonian, Jacksonian, and hard-money.
An opponent of gold describes the 100 percent standard better than its friends do.
The supply of money, Rothbard answers, essentially does not matter.