Why Does Anyone Still Take Socialism Seriously?
Socialism's failures are well-known, but true believers abound that insist that this time we can make it work. The question is why anyone still believes in it at all.
Socialism's failures are well-known, but true believers abound that insist that this time we can make it work. The question is why anyone still believes in it at all.
Mark Thornton asks whether precious metals are coiling for a breakout as fiat money, Fed policy, global flows, and market manipulation put pressure on gold and silver.
Populists have spent the past decade rebelling against a political system they correctly recognize as rigged. But they keep focusing on its surface-level symptoms while ignoring the institution at its center.
Dr. Mark Thornton joins Julia La Roche to explain why the bond market is the pivotal story right now. The 10- and 30-year Treasury yields are back above 5%, the national debt is over $40 trillion, and deficits are running at about $2 trillion a year.
Dr. Jonathan Newman, author and Mises Institute Research Fellow, joins the Church and State podcast to help us understand capitalism and the free market. Are they one and the same?
If we’ve been at war with Iran for 47 years, Ronald Reagan was a coward and a traitor. To be consistent, mainstream national conservatives using such language about Iran ought to condemn one of their heroes; otherwise, they don’t believe their own rhetoric.
On this episode of Power & Market, Ryan, Connor, and Tho toast to Mises's 145th birthday by discussing his life and legacy.
Norway’s new monarch may prove to be an effective leader, but we are reminded that his hereditary privilege is being financially supported by involuntary taxes.
Dr. Wanjiru Njoya joins Benjamin Boyce to discuss Reconstruction, the Fourteenth Amendment, and her argument that civil rights laws have expanded government power at the expense of property rights and freedom of association.
While he was living, Murray Rothbard saw issues of war and peace as being fundamental to a free society. Nothing has changed since he made that declaration.
Paul Buitink of Reinvent Money interviews Mises Institute economist Mark Thornton on AI, debt, and the Middle East.
J. D. Vance raised a few eyebrows invoking Huey Long as a populist. The problem is that the populist from people like Long and Bernie Sanders is that it is based on confiscation and destruction of wealth and property. Murray Rothbard proposed a real populism.
One of the most important and aspects of Murray Rothbard's work on the American Revolution is his framing of the Constitutional Convention as a counterrevolution against the radicalism of the 1770s.
The 1857 Dred Scott case remains one of the most controversial Supreme Court decision in US History. However, overlooked is the fact that it elevated federal sovereignty above sovereignty of the states.
Mark Thornton traces today’s tangled web of paper money, debt, war, and AI malinvestment—from John Law’s Mississippi Bubble to the Fed’s latest distortions.
As state control over forests and brushlands continues apace both in Spain and the US, the dangers of wildfires grow worse. Environmentalists, naturally, blame capitalism.
The Fed wants to keep interest rates low so the government can borrow on the cheap. But bond markets are driving up interest rates as inflation isn't going away.
Our economic future desperately depends upon entrepreneurs being free to act. Unfortunately, our ruling classes seem to prefer economic chaos.
Mainstream economics does a disservice when students are taught that money is a medium of exchange, a store of value, and a unit of account without explaining why and how money came to function in those categories.
Ryan, Connor, and Tho discuss a recent article from Daniel McCarthy that both criticizes the irrelevance of libertarianism and laments its influence on modern America.