Podcast appearances and mentions of Mark Thornton

In this episode, Mark Thornton discusses The Triumph of Economic Freedom: Debunking the Seven Great Myths of American Capitalism, the new book by Senator Phil Gramm and Professor Donald J. Boudreaux.Mark reflects on the persistent misconceptions about capitalism in America and offers up a "Marxist interpretation" of our dilemma. He explores how entrenched ideologies shape the way information is presented, the influence of state actors on education and media, and the ways in which these forces skew perceptions of economic history. Ultimately, Mark argues for a more critical and evidence-based approach to understanding capitalism.Additional Resources"Your Kids Are Already Communists, and College Will Make It Worse" (Minor Issues, Episode 89): Mises.org/MI_89"Political Bias in Academia" (Minor Issues, Episode 95): Mises.org/MI_95Be sure to follow Minor Issues at Mises.org/MinorIssues

Mark Thornton appears on Liberty and Finance with Elijah K. Johnson. They discuss the economic implications of the historically high gold-silver ratio. Dr. Thornton emphasizes the importance of historical data and Austrian economic principles in understanding crises. He also stresses the need for practical financial education, as government responses are failing to address core economic problems, leaving markets vulnerable to heightened volatility.The original interview is available on YouTube. For more information, visit Libertyandfinance.com.

On Economics Explored, host Gene Tunny and guest Dr. Mark Thornton discuss the "Skyscraper Curse," the uncanny correlation between constructing the world's tallest buildings and subsequent global economic crises. Mark explains why these architectural achievements often precede financial downturns. With the resurrection of Saudi Arabia's Jeddah Tower project—destined to become the world's tallest building—set for completion around 2027, could another global economic crisis be imminent?Tune in for an eye-opening discussion that connects skyscrapers, economics, and predictions for our financial future.Additional Resources"The Skyscraper Curse and Austrian Economics with Mark Thornton" (Economics Explored Podcast with Gene Tunney): Mises.org/MI_120_AThe Skyscraper Curse: And How Austrian Economists Predicted Every Major Economic Crisis of the Last Century by Mark Thornton: Mises.org/CurseAn Essay on Economic Theory by Richard Cantillon (edited by Mark Thornton): Mises.org/MI_120_BBe sure to follow Minor Issues at Mises.org/MinorIssues

Why did the South lose the Civil War? Mark Thornton argues Vicksburg—not Gettysburg—was key, revealing how Confederate economic failures sealed their fate.Recorded at the Mises Institute in Auburn, Alabama, on May 16, 2025.

In this episode of the Minor Issues Podcast, Mark Thornton unpacks the fascinating world of the gold-silver ratio. Once a key player in bimetallism debates and Gresham's law, this ratio is now making headlines as it hovers near record highs—over 100 ounces of silver to one ounce of gold.Mark explores the historical context behind these numbers, and explains why these shifts can signal deeper changes in the economy. He also breaks down what the ratio means for different types of investors, how tariffs and trade wars can twist relative prices across the board, and why understanding these shifts is crucial for everyone—not just economists.Additional ResourcesGold-Silver Ratio Charts at Gold Price: Mises.org/MI_119_A"Bring Back Gold!" by Lew Rockwell: Mises.org/MI_119_B"Gold:silver ratio hits 105, but analysts are not giving up on the ‘little' sibling" by Neils Christensen (Kitco): Mises.org/MI_119_CBe sure to follow Minor Issues at Mises.org/MinorIssues

Is President Trump right about interest rates? Is Fed Chairman Jay Powell making a mistake? Forget the mainstream media talking points. Mark Thornton cuts through the noise to explore the real economic threats facing America. In this episode, Mark dissects how the Fed's monetary policies, not just Trump's tariffs, have created a dangerous Austrian Business Cycle time bomb. Will Powell's rate cuts save the day, or is a recession inevitable? Mark examines key sectors of the S&P 500 to reveal the truth and predict what's coming next.Join us May 15-17, 2025, at the Mises Institute in Auburn, Alabama, for our Revisionist History of War Conference. This is our first history conference in almost thirty years. For more details and to register, visit https://Mises.org/rhw.Be sure to follow Minor Issues at Mises.org/MinorIssues

Why do economists across the spectrum—even Paul Krugman and Karl Marx—support free trade? Mark Thornton explores this surprising consensus. Do tariffs force people to think more like economists, considering long-term ramifications taught by Bastiat and Hazlitt.Is it a true understanding of the Austrian perspective, or just a fleeting moment of clarity? Mark suggests economists often compartmentalize principles, opening the door to conflicting ideologies.Tune in to discover why free trade might be the one issue that forces economists to think straight, and what Austrians can learn from the mainstream.Additional Resources"Why Smart People Are Rightly Confused About Tariffs" (Unanimity, Episode 4): http://mises.org/U4“The Twin Deficits” (Minor Issues, Episode 115): https://mises.org/MI_115"Free Trade in the Twenty-First Century” (Minor Issues, Episode 113): https://mises.org/MI_113"Tariff Increases vs. Tax Cuts" (Minor Issues, Episode 107): https://mises.org/MI_107Join us May 15-17, 2025, at the Mises Institute in Auburn, Alabama, for our Revisionist History of War Conference. This is our first history conference in almost thirty years. For more details and to register, visit https://Mises.org/rhw.Be sure to follow Minor Issues at Mises.org/MinorIssues

In this episode, Mark Thornton explores the looming threat of hyperinflation in the US. With the national debt soaring past $33 trillion and future obligations exceeding $100 trillion, can America avoid a financial crisis where prices skyrocket out of control?Mark examines historical hyperinflations in leading economies like France and Germany, and how excessive government spending and debt played a role. Drawing on the insights of Ludwig von Mises, Mark dissects the three phases of inflation and what happens when the public loses faith in holding money.Is hyperinflation merely an accounting problem, or does it portend economic ruin and societal breakdown? Tune in to find out, and to explore the potential consequences for our future.Additional Resources“Hyperinflation, Money Demand, and the Crack-Up Boom” by Thorsten Polleit: mises.org/MI_116_A"Hyperinflation and the Destruction of Human Personality” by Joseph T. Salerno: mises.org/MI_116_BFurther Readings on Hyperinflation (Oxford University Mises Society): mises.org/MI_116_CEconomic Policy: Thoughts for Today and Tomorrow by Ludwig von Mises: mises.org/MI_116_DThe Theory of Money and Credit by Ludwig von Mises: mises.org/MI_116_EJoin us May 15-17, 2025, at the Mises Institute for our Revisionist History of War Conference. This is our first history conference in almost 30 years. For more details and to register, visit https://Mises.org/rhw.Be sure to follow Minor Issues at Mises.org/MinorIssues

You've heard endless debate about the trade deficit, but what about its evil twin, the budget deficit? In this episode, Mark Thornton untangles the truth behind the so-called “twin deficits,” revealing why trade imbalances aren't necessarily bad, and how government borrowing distorts investment, fuels inflation, and weakens long-term prosperity. Mark cuts through the economic fog and shows what's really dragging us down.Additional Resources“Trade Deficits and Fiat Currencies” by Robert Murphy: mises.org/MI_115_A“The Evil Twins: U.S. Federal Budget Deficits and U.S. Trade” by Jane L. Johnson: mises.org/MI_115_B“The Twin Deficits” by Gary North: mises.org/MI_115_C"A Dollar as Good as Gold" by Lewis E. Lehrman: mises.org/MI_115_DJoin the Mises Institute on April 26 in Phoenix, Arizona, as we expose the danger and waste of bureaucracy: Mises.org/Phoenix25Be sure to follow Minor Issues at Mises.org/MinorIssues

Is the silver market a victim of price manipulation, or are there other forces at play? Mark Thornton explores the often-misunderstood economics of silver, delving into the theory of "joint supply" to explain why silver prices can sometimes defy conventional wisdom. Mark examines how silver, often a byproduct of other mining operations, can experience a "silver lining" effect during economic downturns, potentially rising in value when other commodities fall. Forget the conspiracy theories for a clear-eyed look at the economic realities that shape the silver market.Be sure to follow Minor Issues at Mises.org/MinorIssues

International trade is the topic du jour. Mark Thornton shares his recent presentation at the Austrian Economics Scholars Conference about a timely and important book featuring many of your favorite authors, Free Trade in the Twenty-First Century: Economic Theory and Political Reality.“Why Smart People Are Rightly Confused About Tariffs” (Unanimity Podcast): Mises.org/U4 "Tariff Increases vs. Tax Cuts" (Minor Issues Podcast): Mises.org/MI_107Free Trade in the Twenty-First Century: Economic Theory and Political Reality, edited by Max Rangeley and Daniel Hannan: Mises.org/MI_113_BookApril 26 in Phoenix, Arizona, Dr. Robert Malone, Tom Woods, and Tom DiLorenzo will discuss the psychological operations in bureaucratic control, the madness of covid-era “public health,” and the corruption and hypocrisy of our federal bureaucracy. Enter for your chance to win a free ticket at https://mises.org/phoenixraffle25. The deadline is April 1. Winners will be announced the week of April 7.Be sure to follow Minor Issues at Mises.org/MinorIssues

Economic crises don't just happen—they follow a predictable pattern of boom, bubble, and bust. In this episode, Mark Thornton exposes the true cause of economic crashes: government intervention in money and banking. From the Dutch Tulip Bubble to the Great Depression and beyond, Mark traces how central banks, inflationary policies, and reckless government spending set the stage for financial collapses. Mainstream economists blame "animal spirits," psychological instability, or capitalism itself, but what if the real culprits are the very institutions claiming to prevent crises? Tune in to uncover the truth behind booms, busts, and the destructive cycle of intervention.Additional ResourcesPlaying with Fire: Money, Banking, and the Federal Reserve: Mises.org/FireEarly Speculative Bubbles and Increases in the Supply of Money by Doug French: Mises.org/BubblesThe Skyscraper Curse: And How Austrian Economists Predicted Every Major Economic Crisis of the Last Century by Mark Thornton: Mises.org/CurseBe sure to follow Minor Issues at Mises.org/MinorIssues

The economy is teetering on the edge, and the Federal Reserve's reckless policies have only made things worse. In this episode, Mark Thornton joins Scott Horton to break down the boom-bust cycle, why inflation isn't going away anytime soon, and how the Fed's interventions set us up for even bigger economic disasters. Are we headed for a deep recession, or is something even worse on the horizon? Mark explains the hard truths about interest rates, government debt, and why the next crisis may be the biggest yet.Catch The Scott Horton Show at https://ScottHorton.orgBe sure to follow Minor Issues at Mises.org/MinorIssues

Economist Mark Thornton of the Mises Institute returns to the show for a quick look at the state of the economy. He and Scott zoom out and try to determine where in the cycle between artificial booms and recessions we find ourselves.  Discussed on the show: Anatomy of the Crash Extractive Psychology - Minor Issues Podcast with Mark Thornton Mark Thornton is a senior fellow at the Mises Institute. His most recent book is The Skyscraper Curse: And How Austrian Economists Predicted Every Major Economic Crisis of the Last Century. Follow him on Twitter @DrMarkThornton  This episode of the Scott Horton Show is sponsored by: Roberts and Robers Brokerage Incorporated; Tom Woods' Liberty Classroom; Libertas Bella; ExpandDesigns.com/Scott. Get Scott's interviews before anyone else! Subscribe to the Substack. Shop Libertarian Institute merch or donate to the show through Patreon, PayPal or Bitcoin: 1DZBZNJrxUhQhEzgDh7k8JXHXRjY Learn more about your ad choices. Visit megaphone.fm/adchoices

 Download Episode. Economist Mark Thornton of the Mises Institute returns to the show for a quick look at the state of the economy. He and Scott zoom out and try to determine where in the cycle between artificial booms and recessions we find ourselves.  Discussed on the show: Anatomy of the Crash Extractive Psychology - Minor Issues Podcast with Mark Thornton Mark Thornton is a senior fellow at the Mises Institute. His most recent book is The Skyscraper Curse: And How Austrian Economists Predicted Every Major Economic Crisis of the Last Century. Follow him on Twitter @DrMarkThornton  This episode of the Scott Horton Show is sponsored by: Roberts and Robers Brokerage Incorporated; Tom Woods' Liberty Classroom; Libertas Bella; ExpandDesigns.com/Scott. Get Scott's interviews before anyone else! Subscribe to the Substack. Shop Libertarian Institute merch or donate to the show through Patreon, PayPal or Bitcoin: 1DZBZNJrxUhQhEzgDh7k8JXHXRjY

The Laurel Leader-Call says good by to Mark Thornton. And a lot of us are saying goodbye to a friend, mentor and teacher. This episode is for him.

On this episode of Minor Issues, Mark Thornton examines the relentless attacks on Amazon, from labor disputes to environmental concerns. Is Amazon truly exploiting workers, or is the unionization push just a case of economic envy? Mark dissects the claims, debunks myths about wages and working conditions, and explores the economic realities behind one of the world's biggest employers. Tune in for a straightforward breakdown of Amazon's labor battles and the broader implications for business and workers alike."Your Kids Are Already Communists, and College Will Make It Worse" (Minor Issues Podcast): Mises.org/MI_89"Criticism of Amazon" (Wikpedia): Mises.org/MI_109_AMurray Rothbard's 99th birthday is March 2. The Mises Institute is celebrating with its "Murray99" campaign. Everyone who donates $26 or more using the Mises.org/Murray99 link will receive a copy of Economic Depressions: Their Cause and Cure and Nations by Consent. The first 26 donors will also receive a Rothbard lapel pin. All donations will fund student scholarships.Be sure to follow Minor Issues at Mises.org/MinorIssues

Can tariff increases make up for the future revenue losses from extending the income tax reductions from President Trump's first term? This latest political hot potato is a false scenario and a dangerous one. It puts our standard of living at a critical crossroads. Mark Thornton identifies the missing road signs.See also "Why Smart People Are Rightly Confused About Tariffs" (Unanimity Podcast): Mises.org/U4 Enter the raffle to win a ticket to the Mises Institute's April 26 event in Phoenix at Mises.org/phoenixraffle25. The deadline to enter is April 1. Winners will be announced the week of April 7. To learn more about "Our Enemy, The Bureaucracy," visit Mises.org/phoenix25Be sure to follow Minor Issues at Mises.org/MinorIssues.

On January 23, 2025, Mark Thornton appeared on Freedom Works! with Paul Molloy on WTAN AM 1340 in Tampa, Florida. They discussed the recent snow storm in the South, Mark's latest Minor Issues Podcast episode on the price of beef, and the Mises Circle in Tampa on February 22.See also, "The Price of Beef" (Minor Issues Podcast): Mises.org/MI_103Register to attend Educating for Liberty: Mises Circle in Tampa, February 22, 2025, at Mises.org/Tampa25. Use promo code Minor25 for 10% off the ticket price.

Bob responds to Curtis Yarvin's commentary on the H1B visa argument among conservatives, wherein Yarvin actually advocates government slavery as the solution to America's woes.Mentioned in the Episode and Other Links of Interest:Curtis Yarvin's substack post and the YouTube version.Bob's analysis (part 1 and part 2) of the Yarvin vs. Dave Smith debate.Bob's critique of Milton Friedman on overstating the benignity of trade deficits.Bob's interview of Mark Thornton on the inefficiency of slavery, and the related critique of reparations.Help support the Bob Murphy Show.

In the US, the price of hamburger meat ended 2024 near a record high of $5.60 per pound. Is there a magic wand to solve the problem of high beef prices, as well as high pork and chicken prices? Yes, actually. Mark Thornton explains.Additional Resources"Where's the Beef?" (Minor Issues Podcast): Mises.org/MI_36"Average Price: Ground Beef" (Federal Reserve Bank of St. Louis): https://fred.stlouisfed.org/series/APU0000703112The Skyscraper Curse: And How Austrian Economists Predicted Every Major Economic Crisis of the Last Century by Mark Thornton: Mises.org/CurseRegister to attend Educating for Liberty: Mises Circle in Tampa, February 22, 2025, at Mises.org/Tampa25. Use promo code Minor25 for 10% off the ticket price.Enter the 2025 Bitcoin vs. Gold Prediction Contest at https://mises.org/form/bitcoin-gold--2025-entryOrder a free paperback copy of Murray Rothbard's What Has Government Done to Our Money? at Mises.org/IssuesFreeBe sure to follow Minor Issues at Mises.org/MinorIssues.

Replacing the income tax, protecting American workers, serving as a negotiating tool, reducing the national deficit, reducing national debt, and more. We're told that tariffs are going to do all sorts of great things. Mark Thornton sets the record straight and explains why tariffs are unequivocally a bad thing.Additional Resources"The Goose that Laid the Golden Egg" by Mark Thornton: Mises.org/U4_A"Ludwig von Mises on Trade, Human Development, and Human Progress" by Mark Thornton: Mises.org/U4_B "The Political Economy of Protectionism" by Thomas DiLorenzo: Mises.org/U4_C"Protectionism and Immigration Reform" by Ryan McMaken: Mises.org/U4_D"Protectionism Abroad and Socialism at Home" by Ron Paul: Mises.org/U4_E"Protectionism Is Not the Answer to the Canadian Fur Trade's Problems" by Daniella Bassi: Mises.org/U4_F"Mises on Protectionism and Immigration" by Matthew McCaffrey: Mises.org/U4_G"Herbert Spencer: Protectionism Is Aggressionism" by Gary Galles: Mises.org/U4_H"Protectionism Is Immoral, Unjust, and Corrupt" by James Bovard: Mises.org/U4_I"Review of Peddling Protectionism: Smoot-Hawley and the Great Depression by Douglas A. Irwin" by David Howden (QJAE 18, no. 2 ): Mises.org/U4_J"Protectionism, War and the Southern Tradition" by Lew Rockwell (The Costs of War): Mises.org/U4_K"Protectionism: Origin and Effects" by Thomas DiLorenzo (Mises University 2010): Mises.org/U4_L"Free Trade vs. Protectionism" by Carmen Elena Dorobăț (Mises University 2024): Mises.org/U4_M"Free Trade vs. Protectionism" by Shawn Ritenour (Mises University 2022): Mises.org/U4_N"Free Trade vs. Protectionism" by Lucas M. Engelhardt (Mises University 2023): Mises.org/U4_O"Clarifying Economists Arguments about International Trade" by Bob Murphy (Human Action Podcast): Mises.org/U4_P"Do Trump Tariffs Make Sense" (The Bob Murphy Show): Mises.org/U4_Q"Here's why Trump thinks tariffs are good for the US — and what the experts say" by Aimee Picchi (CBS News): Mises.org/U4_RSubscribe to this monthly podcast at Mises.org/Unanimity.Music: “My Universe” ℗ 2006 Kate Higgins (katehiggins.com). Used with permission.

Mark Thornton looks forward to 2025—and a little bit backwards at 2024—and projects what we might see in the coming new year. He also shares his economic "wish list" for the younger generation in 2025. Enter the 2025 Bitcoin vs. Gold Prediction Contest at https://mises.org/form/bitcoin-gold--2025-entryOrder a free paperback copy of Murray Rothbard's What Has Government Done to Our Money? at Mises.org/IssuesFreeBe sure to follow Minor Issues at Mises.org/MinorIssues.

Will Americans slay our Leviathan government and restore the American dream? Or, will we fail, and continue to allow cronies, fat-cat politicians, and bureaucrats to live off the fruits of our productive labor? Mark Thornton discusses some pertinent lessons from the French Revolution."The Brilliance of Turgot" by Murray N. Rothbard: Mises.org/MI_AThe Turgot Collection: Writings, Speeches, and Letters of Anne Robert Jacques Turgot, Baron de Laune, edited by David Gordon: Mises.org/MI_BDonate $25 or more and receive the December Book Bundle: Mises.org/MinorIssues24Be sure to follow Minor Issues at Mises.org/MinorIssues.

Mark Thornton discusses why increased government spending not only explains ongoing wayward increases in the GDP, employment, and stock price numbers, but also why so many people decided to vote against the incumbent in favor of the challenger, Donald Trump. The key variable is that government spending in GDP statistics does not reflect true economic value the way your personal spending does."Federal Government: Current Expenditures" (Federal Reserve Bank of St. Louis): fred.stlouisfed.org/series/FGEXPNDDonate $25 or more and receive the December Book Bundle: Mises.org/MinorIssues24Order a free paperback copy of Murray Rothbard's What Has Government Done to Our Money? at Mises.org/IssuesFree.Follow Minor Issues at Mises.org/MinorIssues.

While people who “prep” for disaster (called preppers) are ridiculed by political elites and their media, their actions are perfectly rational. In this article, economist Mark Thornton explains why prepping for natural disasters makes economic sense.Original article: The Economics of Prepping

While people who “prep” for disaster (called preppers) are ridiculed by political elites and their media, their actions are perfectly rational. In this article, economist Mark Thornton explains why prepping for natural disasters makes economic sense.Original article: The Economics of Prepping

Yes, college professors are 10-to-1 Democrats over Republicans. Mark Thornton reviews some of the technical literature on the political ideology of college professors in the United States."Economics laureates should disclose their political ideologies in policy petitions" by Emre Kuvvet (Economic Affairs, PDF): Mises.org/MI_95_A"Your Kids Are Already Communists, and College Will Make It Worse" (Minor Issues, Episode 89): Mises.org/MI_89Order a free paperback copy of Murray Rothbard's What Has Government Done to Our Money? at Mises.org/IssuesFree.Follow Minor Issues at Mises.org/MinorIssues.

On October 30, 2024, Mark Thornton was interviewed by Greg Penglis on The Action Radio Show. They discuss the economy, the presidential election, and our current calamitous conditions.The original episode is available on Action Radio.

On October 30, 2024, Mark Thornton was interviewed by guest host Joseph Patterson on The Alan Nathan Show. Is a vote for Trump a vote for fascism?The original episode is available on the Main Street Radio Network.

On October 29, 2024, Mark Thornton appeared on The Schilling Show to discuss Ludwig von Mises, fascism, and the current state of US politics.The original episode is available on News Radio WINA 98.9 FM and 1070 AM at https://cvillerightnow.com/podcasts/categories/the-schilling-show/

On October 30, 2024, Mark Thornton appeared on The Lakey Effect to discuss fascism and US politics.The original episode is available on Newstalk AM 600 KCOL.

On October 28, 2024, Mark Thornton appeared on The Richard Syrett Show to discuss economics and the state of US politics.The original episode is available on TheRichardSyrettShow.com.

Prohibition is one way the government swings the fist of violence into our daily lives.Mark Thornton presented this talk at the Mises Institute's Supporters Summit in Hilton Head, South Carolina, on October 12, 2024.Order a free paperback copy of Murray Rothbard's What Has Government Done to Our Money? at Mises.org/IssuesFree.Follow Minor Issues at Mises.org/MinorIssues.

What explains Bitcoin? Why does it exist, and why is “nothing” worth $70,000 a piece? Moreover, there are millions of owners of Bitcoin and other cryptocurrencies and yet few real transactions take place relatively speaking. How does this relate to the coming of a BRICs currency, the reserve status of the petrol-dollar, and the war on cash?Mark Thornton discusses Gresham's Law, one of the most ancient and impactful principles of modern human society.Order a free paperback copy of Murray Rothbard's What Has Government Done to Our Money? at Mises.org/IssuesFree.Follow Minor Issues at Mises.org/MinorIssues.

There is good evidence that the Skyscraper Curse is dead. But what does that mean? Mark Thornton digs down to the foundations to see what the ramifications are. It could mean historical changes are in the works!Download The Skyscraper Curse at Mises.org/Curse.Order a free paperback copy of Per Bylund's How to Think About the Economy at Mises.org/IssuesFree.Follow Minor Issues at Mises.org/MinorIssues.

Why has Brazil banned X, formerly known as Twitter, and how will this ban actually work? Ozempic is in the news again but what's the newly discovered potential benefit of the drug? And Germany's far-right Alternative für Deutschland is expected to make gains in two state elections tomorrow – what is the mood on the ground? Author and political journalist Terry Stiastny joins Georgina Godwin for this and more of the week's news and culture. Plus: with Vinted and Depop encouraging more people than ever to sell their used items online, Bookshop.org has launched a used-book platform called Bookloop that aims to benefit indie bookshops and authors. Bookshop.org's partnership manager Mark Thornton tells us more. 

The best people in the world support the Mises Institute. Will you join them? Mises.org/U5In the monthly Unanimity podcast, Mark Thornton explores basic concepts of the world and humanity to unlock the mystery of widespread disagreeableness in society. Subscribe at Mises.org/Unanimity.Music: “My Universe” ℗ 2006 Kate Higgins (katehiggins.com). Used with permission.

With Mises University over and the stock market showing the first crack in its armor, it's time to check the underbelly of the economy's mighty growth industry.Check out "Big Tech Doesn't Want You Anymore" with Patrick Boyle: Mises.org/MI_81Download The Skyscraper Curse by Mark Thornton at Mises.org/Curse.Order a free paperback copy of Murray Rothbard's What Has Government Done to Our Money? at Mises.org/IssuesFree.Follow Minor Issues at Mises.org/MinorIssues.

Recorded in front of a live audience at the 2024 Mises University, Bob discusses recent market turbulence with Mark Thornton. They also delve into the Skyscraper theory and the practicality of the Austrian Business Cycle Theory.Mises University is the world's leading instructional program in the Austrian School of economics, and is the essential training ground for economists who are looking beyond the mainstreamDr. Thornton's Minor Issues Episode on the Inverted Yield Curve: Mises.org/HAP459aThe Skyscraper Curse: Mises.org/HAP459bDr. Thornton's Article From 2004 on the Housing Market: Mises.org/HAP459cThe Inverted Yield Curve from Understanding Money Mechanics: Mises.org/HAP459dBob's Econlib Article on Fiscal Austerity and Tax Rates: Mises.org/HAP459eJoin Peter Klein and Ryan McMaken in Albuquerque, New Mexico for a Mises event on strategy, economics, and decentralization of power. Register now: Mises.org/NM24The Mises Institute is giving away 100,000 copies of Murray Rothbard's, What Has Government Done to Our Money? Get your free copy at Mises.org/HAPodFree

Recorded in front of a live audience at the 2024 Mises University, Bob discusses recent market turbulence with Mark Thornton. They also delve into the Skyscraper theory and the practicality of the Austrian Business Cycle Theory.Mises University is the world's leading instructional program in the Austrian School of economics, and is the essential training ground for economists who are looking beyond the mainstreamDr. Thornton's Minor Issues Episode on the Inverted Yield Curve: Mises.org/HAP459aThe Skyscraper Curse: Mises.org/HAP459bDr. Thornton's Article From 2004 on the Housing Market: Mises.org/HAP459cThe Inverted Yield Curve from Understanding Money Mechanics: Mises.org/HAP459dBob's Econlib Article on Fiscal Austerity and Tax Rates: Mises.org/HAP459eJoin Peter Klein and Ryan McMaken in Albuquerque, New Mexico for a Mises event on strategy, economics, and decentralization of power. Register now: Mises.org/NM24The Mises Institute is giving away 100,000 copies of Murray Rothbard's, What Has Government Done to Our Money? Get your free copy at Mises.org/HAPodFree

Mark Thornton reviews Philip Duffy's book about the mysterious Irish banker Richard Cantillon (1680–1734). Many crucial Austrian insights have been found in the economics of Cantillon and his lone surviving publication, Essai sur la Nature du Commerce en General. Indeed, the origins of economic theory itself can be traced to CantilIon.Purchase A Tale of Four Cities: From Invisible Hand to Cancel Culture by Philip G. Duffy at Mises.org/DuffyBook.Download An Essay on Economic Theory by Richard Cantillon (edited by Mark Thornton) at Mises.org/Essai.Order a free paperback copy of Murray Rothbard's What Has Government Done to Our Money? at Mises.org/IssuesFree.Follow Minor Issues at Mises.org/MinorIssues.

The great reckoning seems to be following the course that Mark Thornton has been charting by guesswork. In other words, the great train wreck seems to be happening. Mark shares his current outlook.What the Fed does, what the stock market does, and what the economy does cannot be predicted in the same sense that the mechanical and physical sciences can predict simple relationships of physical bodies and forces."10-Year Treasury Constant Maturity Minus 2-Year Treasury Constant Maturity" (Federal Reserve Bank of St. Louis): Mises.org/MI_79_GraphDownload The Skyscraper Curse by Mark Thornton at Mises.org/Curse.Order a free paperback copy of Murray Rothbard's What Has Government Done to Our Money? at Mises.org/IssuesFree.Follow Minor Issues at Mises.org/MinorIssues.

Jason Purcell is an analyst at a major financial institution with a specialty in bond analysis. He joins Bob to discuss his historical analysis of yield curves (in both UK and US) going back to the 1870s, which shows that central banks do indeed manipulate short-term interest rates.Bob's Article on the Inverted Yield Curve: Mises.org/HAP457aGoerge Selgin's Cato Article on the Fed: Mises.org/HAP457bThe Charts Referenced in this Episode: Mises.org/HAP457cJoin us in Fort Myers, Florida, on November 9, 2024, to cut through the political noise and discuss the state of the economy. Distinguished speakers Tom DiLorenzo, Mark Thornton, and Murray Sabrin will challenge prevailing economic myths and take a critical look at the US political theater, offering insights into how political interventions distort our economy. It's an opportunity to move beyond partisan rhetoric and examine the way the government affects our lives and livelihoods. Register now: Mises.org/FtMyers24The Mises Institute is giving away 100,000 copies of Murray Rothbard's, What Has Government Done to Our Money? Get your free copy at Mises.org/HAPodFree

Jason Purcell is an analyst at a major financial institution with a specialty in bond analysis. He joins Bob to discuss his historical analysis of yield curves (in both UK and US) going back to the 1870s, which shows that central banks do indeed manipulate short-term interest rates.Bob's Article on the Inverted Yield Curve: Mises.org/HAP457aGoerge Selgin's Cato Article on the Fed: Mises.org/HAP457bThe Charts Referenced in this Episode: Mises.org/HAP457cJoin us in Fort Myers, Florida, on November 9, 2024, to cut through the political noise and discuss the state of the economy. Distinguished speakers Tom DiLorenzo, Mark Thornton, and Murray Sabrin will challenge prevailing economic myths and take a critical look at the US political theater, offering insights into how political interventions distort our economy. It's an opportunity to move beyond partisan rhetoric and examine the way the government affects our lives and livelihoods. Register now: Mises.org/FtMyers24The Mises Institute is giving away 100,000 copies of Murray Rothbard's, What Has Government Done to Our Money? Get your free copy at Mises.org/HAPodFree

Trade is under tremendous threat from both major political parties in the United States and their presidential candidates. In this episode, Mark Thornton discusses his new paper, "Ludwig von Mises on Trade, Human Development, and Human Progress," explains how Mises examined trade holistically and integrated it into a powerful social theory. Ideologically, the commitment to free trade must be understood and sustained in order for us to continue to receive the benefits of trade in the international division of labor.Download Dr. Thornton's paper, "Ludwig von Mises on Trade, Human Development, and Human Progress" at Mises.org/MI_78_AOrder a free paperback copy of Murray Rothbard's What Has Government Done to Our Money? at Mises.org/IssuesFree.Follow Minor Issues at Mises.org/MinorIssues.

Bob critiques MMT godfather Warren Mosler's recent interview on the Odd Lots podcast, where Mosler argued that the Fed rate hikes have been fueling the strong economy.Bob's Critique of Stephanie Kelton's MMT Documentary: Mises.org/HAP456aJoin us in Fort Myers, Florida, on November 9, 2024, to cut through the political noise and discuss the state of the economy. Distinguished speakers Tom DiLorenzo, Mark Thornton, and Murray Sabrin will challenge prevailing economic myths and take a critical look at the US political theater, offering insights into how political interventions distort our economy. It's an opportunity to move beyond partisan rhetoric and examine the way the government affects our lives and livelihoods. Register now: Mises.org/FtMyers24The Mises Institute is giving away 100,000 copies of Murray Rothbard's, What Has Government Done to Our Money? Get your free copy at Mises.org/HAPodFree

Bob critiques MMT godfather Warren Mosler's recent interview on the Odd Lots podcast, where Mosler argued that the Fed rate hikes have been fueling the strong economy.Bob's Critique of Stephanie Kelton's MMT Documentary: Mises.org/HAP456aJoin us in Fort Myers, Florida, on November 9, 2024, to cut through the political noise and discuss the state of the economy. Distinguished speakers Tom DiLorenzo, Mark Thornton, and Murray Sabrin will challenge prevailing economic myths and take a critical look at the US political theater, offering insights into how political interventions distort our economy. It's an opportunity to move beyond partisan rhetoric and examine the way the government affects our lives and livelihoods. Register now: Mises.org/FtMyers24The Mises Institute is giving away 100,000 copies of Murray Rothbard's, What Has Government Done to Our Money? Get your free copy at Mises.org/HAPodFree

Ordinary people cannot stop the Fed and the government from inflating the currency, but they can take measures to shield themselves from some of its harmful effects. Mark Thornton presents a few ideas on how it can be done.Original Article: How People Can Better Fight Inflation

On this episode of Radio Rothbard, Mark Thornton joins Ryan McMaken and Tho Bishop to discuss the current state of the economy and what to expect as we near the election.Get free copies of What Has Government Done to Our Money? at https://Mises.org/RothPodFREEBe sure to follow Radio Rothbard at https://Mises.org/RadioRothbardRadio Rothbard mugs are now available at the Mises Store. Get yours at https://Mises.org/RothMugPROMO CODE: RothPod for 20% off