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Mark Thornton

Tags Big GovernmentBiographiesBook ReviewsBooms and BustsThe EntrepreneurFinancial MarketsFree MarketsHealthPovertyThe Police StateU.S. HistoryBusiness CyclesEntrepreneurshipHistory of the Austrian School of EconomicsPrivate Property

Works Published inThe Journal of Libertarian StudiesQuarterly Journal of Austrian EconomicsThe Free MarketReview of Austrian Economics, Volumes 1-10Austrian Economics NewsletterArticles of InterestSpeeches and PresentationsMises Daily Article

AwardsO.P. Alford III Prize in Political Economy

Mark Thornton is Senior Fellow at the Mises Institute. He serves as the Book Review Editor of the Quarterly Journal of Austrian Economics. His publications include The Economics of Prohibition (1991), Tariffs, Blockades, and Inflation: The Economics of the Civil War (2004), The Quotable Mises (2005), The Bastiat Collection (2007), An Essay on Economic Theory (2010), The Bastiat Reader (2014), and The Skyscraper Curse and How Austrian Economists Predicted Every Major Crisis of the Last Century (2018).

Dr. Thornton served as the editor of the Austrian Economics Newsletter and was a member of the Editorial Board of the Journal of Libertarian Studies and several other academic journals. He has served as a member of the graduate faculties of Auburn University and Columbus State University. He has also taught economics at Auburn University at Montgomery and Trinity University in Texas. Mark served as Assistant Superintendent of Banking and economic adviser to Governor Fob James of Alabama (1997-1999), and he was awarded the University Research Award at Columbus State University in 2002. He is a graduate of St. Bonaventure University and received his PhD in economics from Auburn University. In 2014, he debated in opposition to the "War on Drugs" at Oxford Union.

Dr. Thornton has been featured in American Spectator, Barron's, Bloomberg, Christian Science Monitor, The Economist, Forbes, Investors' Business Daily, Le Monde, New York Post, New York Times, USA Today, Wall Street Journal, Economic Times (India), Financial Times (Norway), and Tejarat-e-Farda (Iran). He has also had regular multiple appearances on Russia Today and Press TV

His editorials and interviews have appeared in the following leading regional newspapers: Apple Daily (Hong Kong), Atlanta Constitution, Birmingham News, Business Alabama, Chicago Sun-Times, Houston Chronicle, Mobile Press Register, Minneapolis-St. Paul Star Tribune, Montgomery Advertiser, New York Post, Orange County Register, Richmond Times Dispatch, Tampa Tribune, and the Washington Times

His commentary appears regularly in the Mises Daily and the Mises Wire. He also appears regularly on "Boom-Bust," "RT," "Butler on Business," "Tom Woods Show," "Thom Hartmann Show," "Scott Horton Show," "Press TV and "Freedom Works."

The Skyscraper Curse: And How Austrian Economists Predicted Every Major Economic Crisis of the Last Century

The FedBusiness CyclesMoney and Banking

07/10/2018Books
In the wake of the financial crisis of 2008, the economics profession suffered a blow to what reputation it had. But unlike most of his colleagues, Mark Thornton was vindicated by 2008. Mark has been a voice of sanity at times when the wild interventions of the Federal Reserve have caused otherwise...
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The Economics of Prohibition

HealthThe Police State

12/01/1991Books
It is conventional wisdom that alcohol prohibition failed, but the economic reasons for this failure have never been as extensively detailed or analyzed as they are in this study by Mark Thornton.
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All Works

The Saving Problem in America: Alternatives and Reforms

Monetary PolicyTaxes and SpendingCapital and Interest Theory

Blog09/15/2020

Savings are the foundation for a productive and advanced economy. Unfortunately, governments insist on policies that make it harder for ordinary people to save.

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America's Riots Are Just the Latest Version of Marxist "Syndicalism"

SocialismStrategyThe Police State

Blog08/29/2020

Syndicalism is direct violent action against the institutions of capitalism, such as security forces, and especially property owned by businesses. This approach is often adopted by Marxists, socialists, and fascists as a means of gaining power.

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Mark Thornton on the Economics of Slavery

08/21/2020Power & Market

Dr. Mark Thornton joined the Ammo.com podcast to discuss the economics of slavery and its long-lasting negative effects on the economy.

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Minimum Wage

Austrian Economics OverviewInterventionism

07/15/2020Audio/Video
Presented at Mises University 2020.
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Unlimited Government: Central Banks and Federal Spending during the Corona Crisis

Financial MarketsMonetary Policy

Blog07/14/2020

The average American has no memory of the gold standard or even the stagflation of the 1970s. The collective mindset is now the classic “kick the can down the road.”

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