Republican Party Displacement
Mark Thornton explains how ideology can break the uniparty, why blocked realignment risks revolution, and why Austrian economics helps young Americans see through the crisis.
U.S. Economy
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The Hamiltonian AI Curse: How American Tech Learned to Make Its Losses Everyone Else’s Problem
When government becomes involved in finance, interest groups abound, each one seeking wealth transfers to the detriment of others. This has been the case since the founding of this country, and AI is just a new chapter.
The Burritoflation Debate
On this episode of Power and Market, Ryan, Connor, and Tho discuss the social debate this week focused on Gen Z economic anxiety.
Trump’s Commerce Department as Venture Capitalist: Political Investment at its Worst
By convincing Congress to permit the government to take equity positions in private firms, Donald Trump has completed the transition of the economy from free markets to political capitalism.
The Slumlord Fed
If we wish to be honest, the Federal Reserve System needs to be put out of its—and our—misery.
Gold, Socialism, and the Crisis of the Dollar
Mark Thornton explains how inflation drives the K-shaped economy, why gold and silver remain central to the debt crisis, and why socialism appeals to young Americans left behind by government failure.
When “Limited Government” Fails to Stop Cronyism and State-Sponsored Wealth Grabbing
In this week’s Friday Philosophy, Dr. David Gordon reviews Cronyism: Rise of the Corporate State 1849–1929 by Patrick Newman.
The Supreme Court Plays Wizard of Oz with the Fed
Recently, the Supreme Court released two major executive power opinions.
The Fed’s Policy of Price Stability Helps Create an Unstable Economy
The Federal Reserve claims that its policies are aimed a keeping prices stable. However, these policies actually undermine the economy and make it unstable.
Stocks, Manure, Gold, and Socialism: Markets and Bad Ideas
Mark Thornton updates the Stocks versus Manure contest, then explains why gold’s correction may be temporary, and why democratic socialism attracts young voters with failed answers to real problems.
