Recent Podcast Episodes

On this episode of Power and Market, Ryan, Tho, and Connor discuss the death of Lindsey Graham, the questions around Mitch McConnell, and provide a preview of next week's Mises University.

While we speak highly of “rule of law” and the “limited state,” the unfortunate truth is that the modern state is a law unto itself. 

Is the U.S. stock market more overvalued than at any point in the last 150 years—except for 1927? Mark Thornton believes today's extreme valuations, rising leverage, and mounting fiscal pressures are creating the conditions for a major market reckoning.

Murray Rothbard saw government as a predatory, criminal entity and the Microsoft lawsuit of 1998 proved to be a classic example of government organized crime in action.

To deny local self-determination to the Catholic Vendean rebels was to support the imperialist impulse, just as the opponents of the American revolutionaries embraced imperialism over freedom. 

World Cup tickets are a hot commodity with prices through the roof. Naturally, governments want to do what governments always do unsuccessfully: levy price controls.

The standard narrative is that policing and imprisonment are necessary tools to keep the public safe from criminals. But it also would seem that these things are useful tools for a state that wishes to dominate its citizens.

Lotus Eaters podcast host Dan Tubb speaks with Dr. Jonathan Newman about Austrian Economics.

Ryan McMaken, Timothy Terrell, Charles Sauer, and Robert Murphy take questions from the audience on healthcare economics, free market alternatives, and the prospects for reform.

America’s elderly political class is only the most visible symptom. The deeper problem is a government built to transfer wealth from younger Americans to a caste of older, wealthier generations.

If avoiding a repeat of the excesses of the French revolution is an important goal, we need a thorough understanding of its causes. Edmund Burke and his conservative followers don't offer this. 

Bob Murphy makes the case that American healthcare's dysfunction is not a market failure but a pricing failure manufactured by government. He closes with practical reform proposals designed to restore market signals without waiting for Washington.

It's not the starving artist who resents capitalism—it's the millionaire columnist.

Great Britain’s “Equality Act” is not simply a civil rights bill gone too far. It is, as Murray Rothbard would have put it, a “monstrous” piece of legislation that looks to create a social and economic equality that could never exist.

Charles Sauer profiles four healthcare entrepreneurs who built functioning free-market alternatives to the broken hospital system before turning to Washington to explain why Capitol Hill is not the solution, walking through the government-created distortions that sustain the status quo.

Since abandoning socialism 30 years ago, Poland’s economy has grown, as one would expect with a market economy. However, there could be more economic freedom there that easily would translate into a booming economy.

Lolcows, part of the world of internet personalities, would seem well beyond the world of economic analysis. Yet, much of what happens can be explained by the paradigm of Austrian economics.

Timothy Terrell traces the historical origins of the American healthcare cartel, beginning with Ronald Hamowy's 1979 article documenting how the AMA used state licensing laws not to protect patients but to restrict physician supply and raise incomes.

Contrary to age-old prejudices, the wealth of the rich is not the cause of the poverty of the poor, but helps to alleviate that poverty. No matter whether it is their intention or not, almost anything that the rich can legally do tends to help the poor.

Carl Menger, founder of the Austrian School of economics, served as the tutor for Austrian-Hungary’s Crown Prince Rudolf, the only son of Emperor Franz Joseph. But Rudolph’s untimely death in 1889 would end up changing the ruling dynamics of pre-World War I Central Europe.