Recent Podcast Episodes

If we were to claim independence from the modern-day royalty of the beltway, the markets will ensure better holidays in the future.

With the exception of the "covid panic" and the mandated lockdowns, etc., last week was the highest total for ongoing unemployment claims since early 2018:

Speaking at the recent Rothbard Graduate Seminar, Dr. Joseph Salerno traces Murray Rothbard‘s intellectual development while in the economics Ph.D. program at Columbia University. Rothbard was dissatisfied with the popular schools of thought until he discovered Austrian economics.

The Supreme Court has told Maryland parents their children do not have to sit through militant LGBTQ+ indoctrination classes, violating their religious values. Previous courts had forbidden parents from “opting out” of such sessions. This is a blow against government tyranny.

Professor Steve Hanke joins Bob to discuss why COVID lockdowns were an unprecedented policy blunder and how currency boards provide an effective solution to hyperinflation.

The site can also host blogs and announcements related to Austrian economics and libertarianism in the humanities.

A recession is defined by negative economic activity over several months with an accompanying decline in GDP. However, given the actual makeup of GDP, it is inaccurate to directly tie recessions to GDP at all.

This summer, Hollywood is celebrating the 50th anniversary of its summer blockbuster “Jaws.” The making of such films provides a good analysis of how entrepreneurs operate in a world of uncertainty. Austrian economists are best able to understand how this process works.

The government argues that restoring state control protects Mexico’s resources from foreign exploitation and ensures that profits benefit Mexican citizens. However, removing competition and transparency lead to inefficiencies, increased costs, and an unreliable energy supply.

For millennia prior to the dawn of the Industrial Revolution, the vast majority of men, women, and children toiled from dusk to dawn and beyond just to keep body and soul together.

Western Civilization has brought great advances in culture and economics, yet no one is more relentless in trying to destroy this civilization than western intellectuals. Ricardo Duchesne lays it out in his book, Greatness and Ruin.

Unfortunately, President Trump has severely damaged his credibility by embroiling us in a war that is not our war.

Historically, slavery has always been held together by violence, including slavery in the US. However, the actual history of slavery here is much more complex than what modern academics want to admit. 

They promised peace. What we got was another step toward global war and economic ruin. Mark Thornton isn’t buying the excuses.

Bolivians are finding out the hard way that socialist energy means price controls, and price controls mean fuel shortages and long gas station lines. Socialism excels in unkept promises and Bolivia is no exception to that rule.

Regardless of your view of the current conflicts, one fact is indisputable.  President Trump’s actions violate our traditional non-interventionist foreign policy. 

Contrary to the expectation of the Luddites, we have only become wealthier than before and workers today enjoy much higher standards of living than workers in the past.

On this episode of Power and Market, the roundtable responds to Zohran Mamdani winning his primary in New York City, the rising MAGA attacks on the Fed, and the ceasefire in the Middle East.

Some non-economic arguments made by pronatalists are very good. But when it comes to economics, pronatalists often get it very wrong.

Although it may not have ultimately ended how they wished, the strikes on Iran demonstrated that neoconservatives are still a viable force within the GOP. But that shouldn’t discourage us. Ending endless wars isn’t easy, but it is worthwhile.