Recent Podcast Episodes

The story of the failure of Silicon Valley Bank is the story of nearly every bank failure. Fractional reserve banking invites the risky behavior that brings down the banking system.

San Francisco, as well as the government of California, is calling for millions in "reparations" for black people in that state. Reparations, unfortunately, are fast becoming another anti-property-owner racket.

Even if Powell is sincere in this stated desire to slay inflation with more rate hikes, recent bank failures will put the Fed under enormous pressure to end its rate hikes and to once again embrace easy money to save the banks and Wall Street. 

The F.A. Hayek Memorial Lecture, sponsored by Greg and Joy Morin.

Collusion was a way of life with state-chartered enterprises. Little has changed, as firms with political connections still gain profits from their collusion with the state.

The Ludwig von Mises Memorial Lecture, sponsored by Yousif Almoayyed.

The Fed is launching a new billionaire bailout designed to keep banks afloat, and the FDIC is promising to back potentially trillions in deposits. The taxpayer will ultimately be on the hook. 

Welcome to Whose Economy Is It, Anyway?, where the rules are made up and the dollars don’t matter. Or at least that seems to be the view of the Yellen regime.

Keynesians and fellow travelers hold the Phillips curve to be sacrosanct. But because the Phillips curve cannot establish causality, it is useless as economic theory.

If we have learned anything from hundreds of years of government oppression and atrocities, one thing is certain: government isn't our friend.

The incredible growth and success of SVB could not have happened without negative rates, ultra-loose monetary policy, and the tech bubble that burst in 2022.

The current job market strength partly reflects the ongoing monetary overhang from years of breakneck growth in money-supply inflation. The $6 trillion in money that was newly created since 2020 is still very much a factor.

Mark explains why SVB Bank and Signature Bank failed, and why it was bound to happen. 

Teaching high schoolers economics means teaching Austrian principles.

Did the central bank break the law by effectively authorizing unsecured loans to banks based on the face value—rather than significantly lower market value—of those banks' Treasury holdings?

Ryan and Tho talk about last week's banking panic.

Because of inflation and a lack of a savings ethic, Americans are less prepared for retirement than ever. The numbers are discouraging.

Those adhering to Austrian Economic thinking see the beauty in concepts coming together and providing a way to truthfully assess human action.

It's popular for politicians to claim they will never cut Social Security. But doing nothing now about the program means imposing an even larger hit on seniors in the future. 

Never before have we seen an entire generation of young Americans being censored—and self-censoring—for making innocuous statements. This does not end well.