Recent Podcast Episodes

A modern socialist economy is impossible.

Just as no one in the world could possibly make something as simple as a pencil all by himself, as the great Leonard Read explained in his famous essay, I, Pencil, so it is with Mises University.

Time is central to economic coordination and prosperity.

Is Austrian Economics compatible with modern sociology, which is presently dominated by collectivists? However, it is possible to apply praxeology to sociology analysis, and that is where one begins to approach this discipline in a manner that promotes liberty.

The biography of Hans F. Sennholz reads like a paradoxical novel—as if the protagonist had journeyed backward through the twentieth century.

What do we mean by “states‘ rights”? Mises scholar, Wanjiru Njoya, takes us through the discussion to show us how different people have tried to define and explain that term.

David Howden reveals how banking, especially fractional reserves and central bank manipulations, creates instability and inflation.

Dr. Sandy Klein walks through the origins and essential functions of money, showing how barter’s pitfalls led to the spontaneous emergence of money as a medium of exchange.

Price theory is the cornerstone of the foundation of economic calculation.

Praxeology is the science of human action.

Professor Salerno traces the birth of the Austrian School to Carl Menger’s revolutionary insight.

Austrian economics veers sharply from the economic mainstream over the use of mathematics and quantitative measures. Instead, Austrians build upon irrefutable premises based upon human action.

Some in Congress are floating the idea of selling government land -- especially in the West -- as a way to pay down federal debt and free more land for housing. While this might seem like a free market "solution," we should remember that the government is a rapacious monopoly.

The right dismisses economics at its peril.

Trump wants rate cuts. Is Powell stalling for the dollar’s sake, or his own?

While it is tempting to see the economic success of Singapore and Hong Kong as similar, there really are stark differences between them. Hong Kong has developed through laissiez-faire and entrepreneurship while Singapore is much more state directed.

Why did North and South go to war with each other in 1861? The standard narrative is that slavery caused the war while more thoughtful people realize that the causes are much more complex than the simple "slavery existed" narrative.

After promising to end the Ukraine war immediately, and to stay out of Middle East wars, President Trump has instead doubled down on intervening in both conflicts.

Bob provides a detailed, realistic plan for abolishing the Federal Reserve and returning to a stable, gold-backed monetary system.

On this episode of Power and Market, the group looks at the continued attacks on Powell, how the media wants to blame everything on tariffs, and why Federal employees don't deserve nice things.