Recent Podcast Episodes

When inflation surges, the first thing on the government's agenda is for the Federal Reserve to try to force up interest rates. However, as Frank Shostak writes, that might not be the best strategy.

Prediction markets, while obviously imperfect, still work well because people voluntarily put their money where their beliefs are. Naturally, the government wants to shut them down.

Unfortunately, the Pope does not understand the role that monetary inflation plays in fueling AI's excesses. If he did, he might lead a necessary anti-AI spiritual alliance for sound money. 

In spite of repeated claims from the Federal Reserve that monetary policy is at least moderately restrictive, there is no sign of any slowing in money-supply growth.

Regulatory systems are infamous for creating “traps” in seem to be impervious to reform. Regulators seek to “drain the swamp,” but, instead, find themselves up to their necks in alligators.

Alexander Salter and Joshua Hendrickson argue that the Fed's actual institutional role is to backstop U.S. dollar hegemony.

Mark Thornton reviews John Mearsheimer’s Why Do Politicians Lie? and connects political deception abroad to the Fed-driven distortions now warping markets, money, and the working class.

Before the Nat Turner Rebellion and the rise of militant abolitionism in the North, there were more anti-slavery societies in the South than in the northern states.

Egalitarian interpreters of the Declaration not only empower the centralized state but promote a view of “equality” that shares a common ethical error with slavery itself—that legal castes of humans may be created and enforced against the liberty of others.

On this episode of Power and Market, Ryan, Connor, and Tho look at the debate over the latest National Defense Authorization Act.

Not surprisingly, the present government is rapidly politicizing artificial intelligence. We don’t have to look far for disastrous results.

The covid lockdowns were useless for public health, but they vastly strengthened government’s stranglehold over our lives. We cannot allow this to happen again.

Despite attempts to whitewash its past, progressivism was a poisonous ideology from the beginning. One of its worst legacies is eugenics, which not only created social strife in the US, but also was exported to Germany, where the Nazis embraced it.

Contrary to the myth that kings routinely ruled over cowed subordinates by "divine right" in the Middle Ages, civil governments of the period faced countless institutional obstacles to the exercise of power.

Bob sits down with economist Emmanuel Maggiori to discuss his new book that engages MMT on its own terms, drawing on the MMTers' own textbook, papers, and responses to critics.

The current free-for-all in Division I NCAA sports is not the product of a free market, but rather is chaos being imposed by the courts and government agencies. 

As AI continues to grow, we are told to fear private transactions and to depend on the state for safety and security. The reality is that we need to fear the state and what it will do to us as technology becomes increasingly sophisticated.

Taxes and spending don’t “balance out.” Mark Thornton channels Rothbard: taxes compound the damage—distorting markets, rewarding the political class, and grinding down real living standards.

This key decision of the Continental Congress matters because the way a war is fought affects the outcomes; the choice to fight like a state means either losing or winning like a state.

According to the University of Michigan’s latest Index of Consumer Sentiment, a record number of Americans have negative views of the economy. This is yet more evidence that the American people are dissatisfied with their economic condition.