Recent Podcast Episodes

Historically, many sovereign states have granted separatist cultural and ideological groups political autonomy as a means of avoiding full secession. The US legal system prevents this.

This week, Bob walks through three thought experiments to show how expectations of future supply changes ripple into present prices and production decisions in ways that purely mechanical monetary frameworks like MV=PQ can't capture.

The American consumer is flashing historic warning signs, yet Wall Street is celebrating record corporate earnings. How are both true at the same time? Dr. Mark Thornton, Senior Fellow at the Mises Institute and Austrian economist, joins Kitco News anchor Jeremy Szafron to break down the mechanics of the "Two Economies."

Zohran Mamdani’s proposal reflects a growing belief that economic problems can be solved through public ownership and political management. But a grocery store is still a business governed by costs, and economic reality regardless of who owns it.

Social contract theory was used to critique a form of the state, but was also used to legitimize the modern nation-state.

On this episode of Power and Market, Ryan, Connor, and Tho discuss the results of the most expensive Congressional race in American history. What does the defeat of Thomas Massie tell us? What does this mean for libertarian strategy? Should we blackpill? Tune in for this and more.

Buc-ee’s—the roadside travel phenomenon—seems to cater to the extremes in our society. Either customers love shopping at the place or it is yet another symbol of capitalist oppression.

AI has created enormous demand for new data centers, and many communities do not want them nearby. The Rothbardian answer is not blanket permission or blanket prohibition, but a property-rights framework and the return of market forces that government policy has largely displaced.

While upholding the radical ideal, Rothbard combined idealism with realism, scholarship with accessibility, and boundless curiosity with commitment to truth.

Economics is far more than what people see as “the economy.” It is the central organizing factor for civilized society.

Washington is pursuing industrial policy again, this time being an attempt to form a minerals consortium with other countries to secure minerals vital to US manufacturing. No doubt, this initiative will end up on the ash heap of bad policy.

The US fiat monetary regime not only has given us inflation and boom-and-bust cycles, but it also is the main contributor to the out-of-control government spending and debt accumulation.

The standard line among most economists is that deflation is as bad or even worse than inflation. In reality, the economy needs deflation now more than ever.

Bob sits down with Dr. Jonathan Newman to discuss his Mises Academy course for homeschooling families based on Lessons for the Young Economist, using it as a starting point to walk through the full Austrian case against socialism.

Last week’s CPI report, and this week’s PPI report both showed price inflation surging to multi-year highs, and not just on oil prices.

What might be the process of a society moving from being unfree to being free? Here is one scenario.

Ryan McMaken looks at the latest jobs numbers form the federal government and why so many workers and families appear to think the economy is in trouble.

Ryan McMaken takes a look at Rothbard's seminal 1963 essay "War, Peace, and the State." 

The Shiller CAPE ratio has only been higher once in 150 years. The Buffett indicator is 2.5 standard deviations above trend. 40% of the S&P 500 is in just ten stocks. Wall Street sees nothing wrong.

Murray Rothbard is one of the all-time greats in Austrian economics and libertarianism. When studying his achievements, we immediately see that Rothbard is a giant whose shoulders free-market scholars should aspire to stand on.