Recent Podcast Episodes

Totalitarian societies do not become that way overnight. There are recognizable signs and stages which show how a society slides into that abyss.

There is no reason to be surprised by the total lack of commitment to any ideological standards. Nor is there any reason to expect anything better. That's just how American politics works. 

Mark Thornton presents a timely interview with Elijah K. Johnson that underscores how quickly “melt-ups” can flip into sharp corrections.

Will the Make America Healthy Again (MAHA) succeed? If the regulatory story of DDT is a prime example of government regulation in action, then the answer is a resounding no.

Entrepreneurs, prices, and profit-and-loss coordinate the division of labor that makes prosperity possible.

Dr. Jonathan Newman joins Tho and Connor to discuss Jerome Powell's favorite type of FOMC meeting: a boring one.

By hiring a communist as his main housing adviser, New York Mayor Zohram Mamdani is fully committed to driving out private ownership of rental properties and handing over apartments to the city and politically-connected organizations. It will only make housing problems worse.

The Bill of Rights transformed the Constitution from one of supreme and total national power to a partially mixed polity where the liberal anti-nationalists at least had a fighting chance.

Trump is clearly focused on building a legacy in his second term with his domestic vanity projects and dramatic foreign interventions. But his actual legacy is shaping up to be defined by his lack of progress on affordability.

While unity sounds like a nice thing to have, when it comes to politics and nation-states, experience repeatedly shows that unity is the tool of those who build state power at the expense of freedom. 

The latest killing of a protester in Minneapolis by federal agents is reminiscent of the shooting of Vickie Weaver by a government sniper in 1992. In both cases, the government has refused to acknowledge wrongdoing and has engaged in legal coverups.

Constitutionalism gives us the expectation of governance according to rules that everyone from those that are governed to the ones that govern are expected to obey. But what happens if those that govern exempt themselves from those rules?

Bob responds to James Rickards’ recent tweet on record U.S. gold exports driving an improved trade balance, walking through the official data on non-monetary gold, Trump-era tariff uncertainty, and the broader question of what chronic trade deficits really mean in a post-gold-standard world.

Mark Thornton shares an in-depth interview with Jeremy McKeown on the long rivalry between Austrian and Keynesian economics, and why Austrian ideas may be gaining new traction today. 

Ryan McMaken and historian Larsen Plyler talk about how the Americans of the 1770s envisioned a new community of independent and sovereign states. The first constitution made this clear. But then the new counterrevolutionaries like Hamilton wrote a new constitution designed to create one big national state with vast new powers.

On this episode of Power and Market, Ryan, Connor, and Tho look at the headlines coming out of Davos, including Mark Carney's speech calling out the lie of a "rules-based international order," the European reaction to Trump's plans for Greenland, and the political fallout on both sides of the Atlantic.

For all of the demands for reparations for blacks, the schemes so far have been unworkable and would not address the real wealth gaps between black and white Americans.

Murray Rothbard recounts how during the French and Indian War (1754–63), Americans continued the great tradi­tion of trading with the enemy.

Even hawkish foreign policy scholars admit that changing the US security setup in Greenland is unnecessary.

Dr. Mark Thornton breaks down why central banks are fleeing Treasuries for physical gold and what the "Skyscraper Curse" signals for a 2026 crash.