Why the Fed Isn’t Really Independent
Bob analyzes the myth of Federal Reserve independence, exposing its political nature and long history of serving power.
Bob analyzes the myth of Federal Reserve independence, exposing its political nature and long history of serving power.
Red + green = brown. Mark Thornton shows how towering debt and easy money set the stage for hyperinflation.
Jonathan Newman joins Ryan and Connor this week to discuss the latest developments in Trump’s campaign to “takeover” the Fed, the current state of the jobs market, and the misconceptions people have about how economists value the choice not to work.
President Trump has deployed naval vessels off the coast of Venezuela, citing its escalation of the war on drugs. However, the true motivation for Washington’s involvement in the region is likelier related to disputed oil claims affecting well-connected energy companies.
Peter Klein joins to discuss the Mises Institute's new book, Hayek for the 21st Century—exploring knowledge, competition, money, and why freedom beats central planning every time.
Hoppe is an exacting analyst of what works, not an architect of upheaval.
San Francisco politicians have made it so difficult to build new housing that a black market for apartments has emerged.
Assistant editor Joshua Mawhorter joins Tho Bishop and Connor O’Keeffe on the Power and Market Podcast. The three discuss Trump’s acquisition of a stake in Intel, consider how monetary policy contributes to a lot of the national health problems MAHA is focused on, and react to Jerome Powell’s Jackson Hole speech.
The federal government taking an ownership stake in Intel is neither a promising new approach to governance nor an unprecedented leap into economic fascism.
Charlie Kirk blames cannabis for social decay, but Mark Thornton shows it’s Progressive policies, not personal liberty, that fuel addiction, welfare dependence, and urban breakdown.
Rothbard argued that the Fed stripped away the natural checks of free banking, paving the way for endless credit expansion and inflationary cycles.
Economist Jeff Degner joins Ryan McMaken to discuss how inflationary monetary policy has changed our culture, and the family with it.
On this episode of Power and Market, the roundtable talks about a new brewing scandal involving the Fed, revisits the conversation on nationalizing Washington, DC, and the new "golden age" of the Smithsonian.
Few really understand why these blue cities are crime-ridden.
Every August, central bankers gather in Jackson Hole to “save” the economy by the same magic tricks that broke it.
In his important lectures on the history of political thought, historian Ralph Raico examined five myths that many still believe about classical liberalism and the origins of modern ideology.
This week, Connor O'Keeffe, Bill Anderson, and Tho Bishop examine how state overreach and political opportunism shape America’s crises.
A new July report shows Trump and the GOP Congress have joined forces to drive up federal spending to the highest levels since covid. The federal debt also just passed $37 trillion.
According to the neo-conservative war hawks, every so-called enemy is the Next Hitler and every year is 1939. The failure to seek new conflicts abroad is equated to the failure of Great Britain and France to stand up to Hitler before World War II broke out.
Bob breaks down the mechanics behind how commercial banks create money out of thin air—and why that power fuels economic booms and busts.