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Will the libertarian message get swept under the rug over the next year, as the candidates unleash an orgy of statist rhetoric?

Recorded at the Mises Circle in Houston, Texas, on 30 January 2016.

Recorded at the Mises Circle in Houston, Texas, on 30 January 2016.

Recorded at the Mises Circle in Houston, Texas, on 30 January 2016.

After a week of jittery markets, join us LIVE online Saturday for our Mises Circle in Houston, where we'll discuss where the world is headed in 2016.

Fear is in the air. Central bankers are warning of crisis, and while mainstream economists fear the falling prices that are on the horizon in our post-boom world, Austrians know that deflation and recessions are both inevitable and necessary.

This is from the in-case-you-missed-it files. Thomas Sowell, my favorite Chicago economist, was a long-time supporter of the Federal Reserve bound by a Friedmanite monetary rule. In an interview in 2010, he called the Fed a "cancer" and advocated its abolition.

Mark Thornton is interviewed on the RT program, "Boom Bust". He discusses malinvestments stimulated by artificially lowered interest rates.

The global economy continues to wrestle with deflation, with

Populism was in the air this week as ranchers in the Western US opposed the spread of federally-owned lands, and reformers in Switzerland look to a referendum on fractional reserve banking.