Democracy

On this episode of Power & Market, Ryan, Connor, and Tho celebrate Presidents' Day by talking about the best and worst presidents in American history. 

Few Americans today realize that until the passage of the 17th Amendment in 1913, US senators were appointed by their state legislatures, not by popular vote. This development had an unfortunate effect upon US politics, further damaging the original federalist governing arrangement.

Few Americans today realize that until the passage of the 17th Amendment in 1913, US senators were appointed by their state legislatures, not by popular vote. This development had an unfortunate effect upon US politics, further damaging the original federalist governing arrangement.

While the Voter ID debate consumes the airwaves with political debate, the real issue is not who is elected, but the unelected elites that hold power. Even if Voter ID passes, the new law will not change the real structure of power.

The modern state doesn’t get its power from the consent of the governed. Instead, it creates crises and then uses coercion to demand obedience.

The modern state doesn’t get its power from the consent of the governed. Instead, it creates crises and then uses coercion to demand obedience.

While Brazil calls itself a constitutional democracy that has a market economy, private property and markets themselves are subject to conditions set by the government itself.

While the political climate demands allegiance to one side or another, a more reasoned view can be found through libertarian principles, supported by the words of Murray Rothbard.

On this episode of Power and Market, Ryan, Connor, and Tho discuss the fallout from the release of the Epstein Files and what it means for how the masses view the elite.

The latest release of Epstein files again highlighted how disgusted and frustrated people have grown with the current elites. Yet they remain essentially untouchable. Why?