Podcast Episodes
Back to SearchRisk, Uncertainty, Profits, and Modern Portfolio Theory
While Modern Portfolio Theory (MPT) is popular in academic economics and finance, it fails to properly explain profits, mistakenly confusing entrepre…
2 months, 1 week ago
The Farmland Protection Policy Act: Crisis Politics and the Quiet Socialization of Land
For more than 40 years, the Farmland Protection Policy Act has socialized US farmlands and transferred wealth to politically-connected people. What i…
2 months, 1 week ago
Longer, Higher for Longer
Episode 135
Mark Thornton argues that interest is a core price that coordinates time, investment, and growth, and that the Federal Reserve has turned it into an …
2 months, 1 week ago
Modern Marriage and the Homeownership Rate
Episode 227
Data shows that the marriage rate and the homeownership rate have been closely connected for decades. Historically, more marriage means more home buy…
2 months, 1 week ago
Inflation, Interventionism, and Intergenerational Resentment
Inflation does more than just force up prices. It destroys the wealth-producing process, especially with young people who are prevented from acquirin…
2 months, 1 week ago
Trump is Winning Over the Fed
Episode 10
On this episode of Power and Market, Ryan, Connor, and Tho break down the latest FOMC meeting, the real takeaways from Powell’s Fed talk, and the con…
2 months, 1 week ago
Bursting the Bubble that Was FDR
David Beito’s new biography on Franklin D. Roosevelt is not the hagiographic nonsense that has dominated the US history profession. That is a good th…
2 months, 1 week ago
Obamacare Was Not a Failure
As Congress scrambles to extend emergency subsidies to keep Obamacare afloat, it can be tempting to view the bill that made healthcare less affordabl…
2 months, 1 week ago
Elon Musk Claims Money Will Become Irrelevant. Is He Right?
Elon Musk recently claimed that artificial intelligence will make money itself obsolete. He needs to read the literature of Austrian economics.
Origin…
2 months, 2 weeks ago
Early Innings for Gold, Late Stage for Fiat
Episode 135
In this special mid-week episode of Minor Issues, Mark Thornton joins Julia LaRoche for a wide-angle tour of the macro landscape, and why gold’s surg…
2 months, 2 weeks ago