The War They Promised Not to Start
They promised peace. What we got was another step toward global war and economic ruin. Mark Thornton isn’t buying the excuses.
They promised peace. What we got was another step toward global war and economic ruin. Mark Thornton isn’t buying the excuses.
Regardless of your view of the current conflicts, one fact is indisputable. President Trump’s actions violate our traditional non-interventionist foreign policy.
On this episode of Power and Market, the roundtable responds to Zohran Mamdani winning his primary in New York City, the rising MAGA attacks on the Fed, and the ceasefire in the Middle East.
Some non-economic arguments made by pronatalists are very good. But when it comes to economics, pronatalists often get it very wrong.
Although it may not have ultimately ended how they wished, the strikes on Iran demonstrated that neoconservatives are still a viable force within the GOP. But that shouldn’t discourage us. Ending endless wars isn’t easy, but it is worthwhile.
There has been much talk of disinflation, but all the evidence points toward the conclusion that the Federal Reserve continues to administer injections of monetary inflation.
Fiat is failing. Dr. Mark Thornton explains why sound money is the future.
Unfortunately, the only real long-term solution to this is genuine fiscal austerity and debt repudiation.
George Ford Smith joins Bob to discuss Thomas Paine’s transformative role in the American Revolution and his controversial legacy as a champion of liberty and reason.
Total war against civilians didn't begin with World War II. It was official policy of the Union during the Civil War to lay waste to southern cities, towns, and farms. Tactics northern generals used against civilians became the blueprint for armed forces in Europe and Japan 80 years later.
College professors have suddenly discovered entrepreneurship and are teaching about it in their classes. However, while it is an interesting subject, one cannot teach someone how to be a successful entrepreneur.
The standard argument for government services is that only government can build enough roads to meet transportation needs. However, the disconnect between production and consumer choice ensures misallocation of resources under government roads, including traffic congestion.
Mark Thornton warns that the US isn’t heading for a soft landing, it’s drifting into Mises’s crack-up boom.
The P&M crew talks about Ted Cruz's crusade for war and they take a look at this week's FOMC meeting at the Federal Reserve.
When politicians intervene in the economy, they often do it in the name of mitigating “greed” or “profiteering.” While they can pass laws regulating prices and the like, they cannot repeal economic laws. Instead, they can only make things worse.
Sen. Ted Cruz was recently interviewed by Tucker Carlson, with Cruz advocating “regime change” in Iran. However, Cruz doesn‘t know enough Iranian history to make any qualified judgment on Iran or its people.
Real estate investor and Mises Institute contributor Artis Shepherd joins Ryan to talk about how our stagnating economy is affecting multifamily housing and other commercial real estate. Banks and investors are using "extend and pretend" tactics to cover up the true state of the industry.
Why is the Trump administration levying tariffs? Are they for tax purposes? Protecting domestic industries? Bargaining chips for international deal making? The administration and its supporters have floated mutually-exclusive reasons for these policies, making the confusion worse.
Bernie Sanders and Alexandria Ocasio-Cortez have toured the country calling for massive government takeover of the economy and other socialist initiatives. For socialists, Sanders and AOC have become the new “Keepers of the Secret” of making socialism viable.