Recent Podcast Episodes

By ignoring the entrepreneur, mainstream economists are also removing a vital part of economics theory. It is like designing a car and leaving out the engine.

Ignorance is treated as a reason to trust the state rather than a reason to withhold judgment about its exercise of coercion. To assume that the state’s unknown information is correct and justifying is therefore to err on the side of violence.

Using Randall Wray's classroom "buckaroo" currency, Bob shows how MMT thinks about money, and the claim that a fiat currency's natural rate of interest is zero.

Mark Thornton argues Washington’s political theater cannot paper over the mounting costs of war, sanctions, debt, and inflation.

What followed 9/11 was 25 years of systematic destruction of American liberties, and the final destruction of the Bill of Rights, all in the name of "safety" and "patriotism."

On this episode of Power & Market, Ryan, Connor, and Tho talk about new highs in bond yields, why that matters, and whether or not a new round of $5,000 Trump bucks will solve America's affordability crisis.

The drama continues in college sports—not on the field, but in the courtrooms—thanks to judges applying antitrust law that does not permit the NCAA to be able to enforce its own rules.

Those who become "elites" through the initiation of violence, and through the looting of others, have always been frauds and imposters. 

Mark Thornton argues Washington is trying to manage bond yields, suppress gold’s warning signal, and sell AI as an inflation cure—even as debt and malinvestment pile up.

Mario Innecco speaks with Dr. Mark Thornton, Senior Fellow at the Mises Institute, about the growing risks facing the global economy. We discuss the end of the 40-year bond bull market, soaring government debt, the AI bubble, inflation, war, and the consequences of decades of artificially low interest rates. Dr. Thornton explains why he believes the government bond bubble poses a far greater threat than AI, why central banks cannot simply inflate their way out of the debt problem, and how Austrian Business Cycle Theory helps explain today's increasingly distorted economy. We also discuss the growing risk of economic, political and social unrest—and why sound money, limited government and change from the bottom up may ultimately provide the way forward.

Without established exchange-ratios between a currency and goods, a fiat-token cannot meaningfully serve as a unit of account because it has no referent. The only way a state could meaningfully ground such a fiat-token by political decree would be through comprehensive price controls.

On this episode of Power & Market, Ryan, Connor, and Tho hit on a variety of topics, including meaningful rollbacks of Flock in the south, a look at immigration protests in Spain, and Washington's new corporate oil deals in Venezuela.

Public employee unions have used their built-in advantages to damage this country’s political economy and work hardships on taxpayers.

Carter’s administration was assembled almost entirely from one list.

“Mr. Rockefeller”—discovered by McCloy, paid by Nelson.

The elite escalated the war—and then split over it.

The Kennedy cabinet, assembled on Robert Lovett’s advice.

234,000 acres of United Fruit land and a CIA invasion.
 

A coalition war: Morgan got Europe, Rockefeller got Asia.

A defunct dinner club, merged into a foreign policy establishment.