Recent Podcast Episodes
Are Bernie Sanders and AOC the New Keepers of the Secret?
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.
War with Iran Is Not in the Interest of the American People
The United States is dangerously close to entering yet another war in the Middle East. But this one has the potential to be a lot costlier for the American people while remaining just as unlikely to bring about peace and stability in the region.
Interest Paid on the US Debt Soars, and Trump Pushes for a New Costly War
During 2024 taxpayers were on the hook for $1.13 trillion in interest on the debt. That’s nearly $7,400 for each of the 153 million people who file tax returns.
Ending Subsidies to Amtrak Will Benefit Rail Travelers
Amtrak subsidies keep many of Amtrak‘s routes alive despite the fact that ridership is down on many of them. These subsidies guarantee that Amtrak will be a second-rate, undercapitalized passenger railroad system.
The Young Rothbard: An Uncomfortable Neoclassical Economist
Before he revolutionized economics, Rothbard mastered the mainstream. Salerno traces Rothbard's path from neoclassical insider to Austrian iconoclast.
Trump, DOGE, and the Machiavellians
Despite Trump‘s campaign promises and despite DOGE‘s so-called reputation of cutting government waste, the new administration is spending money faster than the supposed spendthrift Biden administration. This is Machiavellianism at its best.
The Debate Over the Big Beautiful Bill
Daniel Lacalle joins Bob to tout the BBB as a pro-growth piece of legislation that is as good as libertarians are going to get.
The Theory of Interventionism
Mark Thornton breaks down Murray Rothbard’s theory of interventionism: why free markets lift all boats, and government meddling sinks them.
Israel, Iran, and Immigration
On this episode of Power and Market, the group discusses the fallout from Israel's strikes on Iran and the Trump Administration's (changing?) position on immigration enforcement.
Fiat Money and Chartalism: Why MMT Is Wrong
Joshua Mawhorter joins us to talk about how the fiat-money theories of Modern Monetary Theory and chartalism aren't supported by the historical facts.
The Weaponization of Media Access Did Not Suddenly Start with Trump
What the “legacy” media is trying to present as a brand-new authoritarian crackdown on the press is only a more visible version of how the federal government has attempted to control public opinion for nearly a century.
New Academic Paper Uses Rothbard’s National Output Metric
Bob hosts economists Vincent Geloso and Chandler Reilly to discuss their new paper, which applies Rothbard's "Private Product Remaining" to rethink how national output is measured.
Preparing for War
Why is gold at a record high? How does modern mercantilism fuel today’s tensions? Are we all just pawns in a much bigger game?
Musk v. Trump, Trump v. Courts, and Palantir v. Us
On this episode of Power and Market, the group discusses the fallout from Musk's fight with Trump, recent reporting on Palantir contracts, and how the courts are not interested in protecting rights.
The Myth of Fed Independence
Jonathan Newman joins Ryan McMaken to talk about the history behind the myth of "Fed independence." The Fed has never been politically independent of the US government, and it has enthusiastically helped fund the US government both in wartime and in peacetime.
The Federal Judiciary’s War on Trump Is Not About Protecting Us from Government Overreach
As President Trump racks up defeat after defeat before the federal courts, the legacy media claims that federal judges are protecting us from government overreach. In reality, government overreach as we know it has been made possible by the federal judiciary.
Impressed at Vicksburg
Mark Thornton discusses a lesser-known factor in the American Civil War: the Confederate “impressment” policy and its impact at Vicksburg.
DOGE Disappointment, Keynesian Degeneracy, and Cutting Off Harvard
On Power & Market, the group looks at the political legacy of Elon Musk, the moral costs of Keynesianism, and the absurdity of Harvard and NPR as public goods.
The Crucial Principle and Data At Stake in the SoHo Immigration Debate
Bob breaks down the recent Soho Forum immigration debate between Dave Smith and Alex Nowrasteh, clarifying the critical libertarian questions around property rights, open borders, and government authority.