Recent Podcast Episodes

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.

Cecil Rhodes’s secret society and its American recruits.

The war could not have been financed under the old gold standard.

 A shaky railroad empire—and then a war that rescued it.

Who actually collected the $40 million for the Panama Canal?

The “Open Door” was a railroad concession with a slogan attached.

Grover Cleveland’s cabinet read like a Morgan client list.

Manufacturers can choose the free market. Bankers rarely do.

Rothbard’s method: no abstract “forces,” only individual actors.