Recent Podcast Episodes

Silver isn’t a “Giffen good.” It’s a case of shifting demand, not broken economics.

Ryan McMaken of the Mises Institute and Christopher Calton of the Independent Institute talk about why politicians want higher home prices. Even Trump now admits he wants higher home prices, and it's because older voters want their asset prices to go up forever.

Modern political economy is based upon a Machiavellian belief in might makes right. Yet, political power cannot accomplish what free markets and private property rights have done in lifting billions of people out of poverty.

From time to time, the American people need to be reminded who is the boss. The boss is the US government. The citizenry are the serfs, the servants, the subordinates.

On this episode of Power and Market, Ryan, Connor, and Tho discuss the fallout from the release of the Epstein Files and what it means for how the masses view the elite.

Restoring the rule of law and Constitutional government on immigration—something wrecked by Trump's rule-by-decree with federal agents—is vastly more important than expelling illegal immigrants.

Bob applies Mises’ taxonomy of money and the regression theorem to Bitcoin, asking whether it should be classified as commodity or fiat money and whether Austrian theory really rules out Bitcoin ever becoming money.

The fact  that the Republican and Democratic parties are allowed to circulate into key positions of government is proof enough that they are no threat to the true governing elites.

If California voters and politicians do not understand the current crisis, we will see the continuous march to perdition as California politicians refuse to acknowledge that they are killing the geese laying the golden eggs.

The latest release of Epstein files again highlighted how disgusted and frustrated people have grown with the current elites. Yet they remain essentially untouchable. Why?

In most nations of any size, sectionalism is almost inevitable. How nations handle such divisions, historian Frank L. Owsley, determines if sectionalism is peaceful or becomes violent. It became violent in the US in 1861.

Politicians are touting “affordability” to describe the current regime of rising prices. However, most lawmakers who claim they are trying to make things more affordable demand policies that make things more costly.

A bad end is most likely though even in the best case scenario of AI increasing living standards. The build-up of asset inflation malinvestment and overleveraging will impose huge costs.

Thanks to the Federal Reserve, the US government will always have enough printed money to fund its tyrannical schemes.

Totalitarian societies do not become that way overnight. There are recognizable signs and stages which show how a society slides into that abyss.

There is no reason to be surprised by the total lack of commitment to any ideological standards. Nor is there any reason to expect anything better. That's just how American politics works. 

Mark Thornton presents a timely interview with Elijah K. Johnson that underscores how quickly “melt-ups” can flip into sharp corrections.

Will the Make America Healthy Again (MAHA) succeed? If the regulatory story of DDT is a prime example of government regulation in action, then the answer is a resounding no.

Entrepreneurs, prices, and profit-and-loss coordinate the division of labor that makes prosperity possible.

Dr. Jonathan Newman joins Tho and Connor to discuss Jerome Powell's favorite type of FOMC meeting: a boring one.