Mises Media

Dr. Jonathan Newman joins Tho and Connor to discuss Jerome Powell's favorite type of FOMC meeting: a boring one. No cuts, no concerns, no drama in the eyes of the soon-to-be-former Fed Chair. On this episode, we try to bust his bubble on this episode of Power and Market.Don't forget, the Mises Institute's first event is coming up on February 21st in Oklahoma City. Join us for a look at Entrepreneurship Beyond Politics.Are you a grad student interested in Austrian economics? Consider the Mises Institute Summer Fellowship program this summer. Click here for more details.

By hiring a communist as his main housing adviser, New York Mayor Zohram Mamdani is fully committed to driving out private ownership of rental properties and handing over apartments to the city and politically-connected organizations. It will only make housing problems worse.Original article: https://mises.org/mises-wire/surprise-mamdani-governing-socialist

The Bill of Rights transformed the Constitution from one of supreme and total national power to a partially mixed polity where the liberal anti-nationalists at least had a fighting chance.Original article: https://mises.org/mises-wire/why-federalists-hated-bill-rights

Trump is clearly focused on building a legacy in his second term with his domestic vanity projects and dramatic foreign interventions. But his actual legacy is shaping up to be defined by his lack of progress on affordability.Read the article here: https://mises.org/mises-wire/trumps-embrace-economic-leftism-will-destroy-legacy-hes-desperately-trying-buildBe sure to follow the Guns and Butter podcast at https://Mises.org/GB

While unity sounds like a nice thing to have, when it comes to politics and nation-states, experience repeatedly shows that unity is the tool of those who build state power at the expense of freedom. Original article: https://mises.org/mises-wire/we-can-have-unity-or-we-can-have-freedom-we-cant-have-both

The latest killing of a protester in Minneapolis by federal agents is reminiscent of the shooting of Vickie Weaver by a government sniper in 1992. In both cases, the government has refused to acknowledge wrongdoing and has engaged in legal coverups.Original article: https://mises.org/mises-wire/latest-federal-killing-minnesota-echoes-ruby-ridge

Constitutionalism gives us the expectation of governance according to rules that everyone from those that are governed to the ones that govern are expected to obey. But what happens if those that govern exempt themselves from those rules?Original article: https://mises.org/mises-wire/failure-constitutionalism-through-ages-norms-emergencies-and-administrative-state

Bob responds to James Rickards' recent tweet on record U.S. gold exports driving an improved trade balance, walking through the official data on non-monetary gold, Trump-era tariff uncertainty, and the broader question of what chronic trade deficits really mean in a post-gold-standard world. Related:The Charts Used in this Episode: Mises.org/HAP535aBob's Recent Talk on Trade Deficits: Mises.org/HAP535bBob's Econlib Article on Oil Prices: Mises.org/HAP535cPoliticians don't build prosperity. Entrepreneurs do. Join Keith Smith, Caitlin Long, Ryan McMaken, Per Bylund, and Timothy Terrell for our first event of 2026: Mises.org/HAHCThe Mises Institute is giving away 100,000 copies of Hayek for the 21st Century. Get your free copy at Mises.org/HAPodFree

On the latest episode of Minor Issues, Mark Thornton shares an in-depth interview with Jeremy McKeown of In the Company of Mavericks on the long rivalry between Austrian and Keynesian economics, and why Austrian ideas may be gaining new traction today. They trace how Austrian economics moved from a small academic outpost to a wider public audience, touching on the Mises Institute's role, the influence of figures like Roger Garrison and Ron Paul, and the ways online media and “alternative finance” have helped spread Austrian perspectives.We're entering the final week to enter the 2026 Stocks vs. Manure Prediction Contest at https://mises.org/form/stocks-vs-manure-2026Join us for the Mises Institute's first event of 2026, featuring Keith Smith, Caitlin Long, Ryan McMaken, Per Bylund, and Timothy Terrell: "Entrepreneurship Beyond Politics: Mises Circle in Oklahoma City." Register today at https://mises.org/okcOrder a Minor Issues tumbler today! https://mises.org/MinorIssuesTumblerBe sure to follow Minor Issues at https://Mises.org/MinorIssues

Ryan McMaken and historian Larsen Plyler talk about how the Americans of the 1770s envisioned a new community of independent and sovereign states. The first constitution made this clear. But then the new counterrevolutionaries like Hamilton wrote a new constitution designed to create one big national state with vast new powers. Be sure to follow Radio Rothbard at https://Mises.org/RadioRothbardRadio Rothbard mugs are available at the Mises Store. Get yours at https://Mises.org/RothMug PROMO CODE: RothPod for 20% off

On this episode of Power and Market, Ryan, Connor, and Tho look at the headlines coming out of Davos, including Mark Carney's speech calling out the lie of a "rules-based international order," the European reaction to Trump's plans for Greenland, and the political fallout on both sides of the Atlantic.Don't forget, the Mises Institute's first event is coming up on February 21st in Oklahoma City. Join us for a look at Entrepreneurship Beyond Politics.Are you a grad student interested in Austrian economics? Consider the Mises Institute Summer Fellowship program this summer. Click here for more details.

For all of the demands for reparations for blacks, the schemes so far have been unworkable and would not address the real wealth gaps between black and white Americans.Original article: https://mises.org/mises-wire/reparations-are-welfare-scheme-and-would-have-no-effect-racial-wealth-gaps

Murray Rothbard recounts how during the French and Indian War (1754–63), Americans continued the great tradi­tion of trading with the enemy.Original article: https://mises.org/mises-daily/trading-enemy-american-tradition

Even hawkish foreign policy scholars admit that changing the US security setup in Greenland is unnecessary. Its supply of raw materials is also nothing special. There isn't even a ton of money to be made for crony companies. This is purely about Trump's ego, and it will cost taxpayers a lot.Read the article here: https://mises.org/mises-wire/greenland-trumps-follyBe sure to follow the Guns and Butter podcast at https://Mises.org/GB

Kitco News anchor Jeremy Szafron sits down with Dr. Mark Thornton to break down why central banks are fleeing Treasuries for physical gold and what the "Skyscraper Curse" signals for a 2026 crash. They discuss the massive 150-ton gold purchase by Poland, a strategic move by a NATO ally that signals a loss of trust in the debt-based system. Mark also exposes a critical, under-reported crisis in the silver market: supply is "inelastic" and "wasted" on war and solar panels, meaning the market cannot physically respond to price spikes. With Japanese bond yields spiking and the Jeddah Tower restarting construction, the signals for a major economic pivot are flashing red.The original interview is available on YouTube.

In the so-called world of strategic alliances, things often are not what they seem to be. It is that way with the Islamic State or ISIS, which supposedly is a deadly enemy of Israel. However, Israel has a symbiotic relationship with Jihadist groups that we cannot ignore.Original article: https://mises.org/mises-wire/israel-and-its-relationship-islamic-state

Although some scholars have labeled the early Ming Dynasty as a proto-liberal state, they are mistaken. The Ming governance at that time was weak, not limited by law and ideology.Original article: https://mises.org/mises-wire/weak-states-not-limited-states-early-ming-governance-and-illusion-proto-liberalism

The original 13 British colonies that made up the early United States had very different populations with decidedly different political and social outlooks.Original article: https://mises.org/mises-wire/british-north-american-colonies-were-not-homogeneous-political-units

Bob revisits Böhm-Bawerk's critique of the exploitation theory of interest to answer modern claims that billionaires like Elon Musk must have “stolen” their wealth from workers who supposedly create 100 percent of a firm's value.Related:Böhm-Bawerk's Critique of the Exploitation Theory of Interest: Mises.org/HAP534aBöhm-Bawerk's Karl Marx and the Close of His System: Mises.org/HAP534bPoliticians don't build prosperity. Entrepreneurs do. Join Keith Smith, Caitlin Long, Ryan McMaken, Per Bylund, and Timothy Terrell for our first event of 2026: Mises.org/HAHCThe Mises Institute is giving away 100,000 copies of Hayek for the 21st Century. Get your free copy at Mises.org/HAPodFree

Mark Thornton revisits the Skyscraper Curse—the eerie pattern linking record-height towers to major busts—and argues the next signal is flashing for 2026. Saudi Arabia's Jeddah Tower has restarted and is reportedly adding floors fast, poised to surpass the world record. Mark explains why skyscraper records tend to coincide with late-cycle excess, and how to read the next 12–24 months without superstition.The Skyscraper Curse: And How Austrian Economists Predicted Every Major Economic Crisis of the Last Century by Mark Thornton: https://mises.org/curseAnatomy of the Crash, edited by Tho Bishop: https://mises.org/crashJoin us for the Mises Institute's first event of 2026, featuring Keith Smith, Caitlin Long, Ryan McMaken, Per Bylund, and Timothy Terrell: "Entrepreneurship Beyond Politics: Mises Circle in Oklahoma City." Register today at https://mises.org/okcOrder a Minor Issues tumbler today! https://mises.org/MinorIssuesTumblerEnter the 2026 Stocks vs. Manure Prediction Contest at https://mises.org/form/stocks-vs-manure-2026Be sure to follow Minor Issues at https://Mises.org/MinorIssues

When it comes to the great political economist John C. Calhoun, most people love him or hate him. In this episode, economic historian Patrick Newman joins us to take a more balanced look at Calhoun, his origins as a War Hawk and nationalist, and why he was never a true Jeffersonian. Be sure to follow Radio Rothbard at https://Mises.org/RadioRothbardRadio Rothbard mugs are available at the Mises Store. Get yours at https://Mises.org/RothMug PROMO CODE: RothPod for 20% off

On this episode of Power and Market, Ryan, Connor, and Tho discuss the reported probe into Fed Chair Jerome Powell. Is this actual accountability for malfeasance, or a petty battle of DC egos? At the end of the day, does the difference matter? And should Powell be encouraged that central banks around the world are standing in solidarity with him? The panel dives into these questions and more.

If NATO members aren't even safe from other NATO members then what value is the alliance? There is one good thing that could come out of a Greenland war: it would probably destroy NATO.Be sure to follow the Loot and Lobby podcast at Mises.org/LL

Bob talks with Dr. Peter Klein about the recent U.S. operation in Venezuela and the social-media backlash against “international law,” using it as a springboard to clarify what law is, how it can exist without a world government, and why Austrians care about polycentric legal orders.The Mises Institute is giving away 100,000 copies of Hayek for the 21st Century. Get your free copy at Mises.org/HAPodFree

People who lost their homes last year in the LA wildfires are finding government roadblocks to rebuilding, due to systems put in place by progressives. And nothing will change.Original article: https://mises.org/mises-wire/bait-and-switch-victims-la-wildfires-find-local-government-wants-them-gone

Trump ways he wants to spend half a trillion more dollars on military spending, even as federal spending persists at Biden-Era levels and interest on the debt climbs ever upward. Original article: https://mises.org/mises-wire/trump-wants-500-billion-more-pentagon-deficits-mount

Central bankers are not afraid Trump will “politicize” the Fed and turn it into a crony arm of the government that warps the economy to benefit those close to power. They're afraid his blind inflationism and lack of subtlety will make it impossible to hide the fact that it already is.Read the article here: https://mises.org/mises-wire/central-banking-establishment-genuinely-worried-about-trump-not-reasons-they-sayBe sure to follow the Guns and Butter podcast at https://Mises.org/GB

This feud is little more than two factions within the Federal government fighting over how exactly to use the Fed's many powers to inflate, exploit, and help fund an ever expanding federal government.Original article: https://mises.org/mises-wire/trumps-justice-dept-launches-criminal-probe-against-feds-powell

The current Washington tiff between Donald Trump and Jerome Powell is being reframed as Powell heroically defending the Fed's “independence.” In truth, the Fed has always done the administration's dirty work and pursued inflation when it might temporarily boost the economy.Original article: https://mises.org/mises-wire/powell-should-be-great-american-villain-dc-will-make-him-hero

"America, above all countries, was born in an explicitly libertarian revolution, a revolution against empire; against taxation, trade monopoly, and regulation; and against militarism and executive power."Original article: https://mises.org/mises-wire/american-revolution-and-classical-liberalism

The standard explanation for the Constitutional Convention was that the Articles of Confederation were a failure. However, the Articles actually worked the way they were supposed to work. Unfortunately, the advocates of a strong central government ultimately got their way.Original article: https://mises.org/mises-wire/did-articles-confederation-fail-probably-not

On the latest episode of Minor Issues, Mark Thornton revisits the history—and present risk—of hyperinflation. Mark explains the threshold that defines hyperinflation, why measuring prices under chaos is hard (yet still revealing), and how the social damage mirrors war: savings vaporize, capital is destroyed, and civic trust collapses. He closes with practical takeaways: why gold and silver often move first as “fire alarms” and why studying past episodes builds the psychological and analytical readiness to face low-probability, high-impact events."The Road to Hyperinflation" (Minor Issues, Episode 136): https://mises.org/MI_136"The Gold-Silver Ratio" (Minor Issues, Episode 119): https://mises.org/MI_119"On Hyperinflation: New Evidence from Zambia, the Central African Franc Zone, and Belarus" by Steve H. Hanke and Nicole Saade (World Economics Journal, December 2025): https://mises.org/MI_157_A"Hyperinflation and the Destruction of Human Personality" by Joseph T. Salerno (lecture): https://mises.org/MI_157_B "Hyperinflation and The Destruction of Human Personality" by Joseph T. Salerno (Studia Humana, 2013): https://mises.org/MI_157_C>>> Order a Minor Issues tumbler today! https://mises.org/MinorIssuesTumblerEnter the 2026 Stocks vs. Manure Prediction Contest at https://mises.org/form/stocks-vs-manure-2026Be sure to follow Minor Issues at https://Mises.org/MinorIssues

Vivek Ramaswamy promotes a fictional version of American history in which a handful of people created America and that culture and religion are canceled out by an ideological "creed." In truth, the American nation and the American state are two different things. Be sure to follow Radio Rothbard at https://Mises.org/RadioRothbardRadio Rothbard mugs are available at the Mises Store. Get yours at https://Mises.org/RothMug PROMO CODE: RothPod for 20% off

Anti-impact environmentalists want you dead; they will settle, in the short term, for you to feel guilty for existing, producing and consuming, and willing to comply with any degree of central planning and freedom curtailment to “save the planet” from you.Original article: https://mises.org/mises-wire/environmentalism-anti-humanism

On this episode of Power & Market, the panel kicks off 2026 with a conversation about the arrest of Maduro. What's next for Venezuela? What's DC's next target? Does America really need a 1.5 trillion dollar defense budget? We look at these questions and more.

With American intervention in Venezuela, some are claiming that the Trump administration is simply invoking the Monroe Doctrine, or its corollary, the “Donroe” Doctrine. In reality, neither doctrine is an appropriate reason for US military intervention in Latin America.Original article: https://mises.org/mises-wire/why-monroe-doctrine-cannot-be-reestablished

Whatever advances Great Britain made during the Margaret Thatcher years have long been reversed as the UK finds itself in decline of its economy and social fabric. Big government, once again, is the culprit.Original article: https://mises.org/mises-wire/uk-economic-and-social-freefall

In his inaugural speech, New York Mayor Zohran Mamdani declared an end to “rugged individualism” and the embrace of “the warmth of collectivism.” New Yorkers are about to find out that collectivism will not produce what they need to have better lives.Original article: https://mises.org/mises-wire/warmth-collectivism-beginning-mamdani-era

The Trump administration wants Americans to believe that this latest intervention into Venezuela was a quick and definitive success. But, given enough time, there is essentially no way this can go well.Read the article here: https://mises.org/mises-wire/there-are-no-good-outcomes-trumps-latest-attempt-regime-change-venezuelaBe sure to follow the Guns and Butter podcast at https://Mises.org/GB

The Austrian School of economics isn't a 20th century or even 19th century creation. Instead, Austrian economics is rooted in the logical thought, as developed by Aristotle and Thomas Aquinas.Original article: https://mises.org/mises-wire/aristotelian-thomistic-roots-austrian-school

Dr. Per Bylund explains how prosperity really comes from imaginative, risk-taking entrepreneurs rather than redistribution, and how regulations quietly kill off an unseen world of potential innovations and wealth that never gets a chance to exist.Sponsored by Yousif Almoayyed.Recorded at the Mises Supporters Summit in Delray Beach, Florida, on October 18, 2025.

Donald Trump's war against Venezuela is truly a racket, as it looks to be little more than an attempt to loot the nation of Venezuela's natural resources in the name of “liberation.”Original article: https://mises.org/mises-wire/venezuelan-war-racket