Podcast Episodes

Does Economic Growth Require an Elastic Money Supply?

Episode 227

A long-enduring myth about money is that we need a flexible or "elastic" currency for the economy to grow. Economist Jonathan Newman joins us to talk about why this has never been true. 

Be sure to fo…

Published on 2 months, 4 weeks ago

Inflation and Economic Growth

According to mainstream economists, inflation aids economic growth while deflation impairs growth. Austrian economists, however, point out that in much of US history, economic growth was accompanied …

Published on 2 months, 4 weeks ago

Jefferson's War on the Barbary Pirates Is an Unjustified Password for Military Intervention

Advocates for US military intervention have invoked the war against the Barbary pirates as justification. Yet, an examination of that conflict shows that President Jefferson’s actions were limited an…

Published on 2 months, 4 weeks ago

National Guards, Government Shutdowns, and the Prosecution of James Comey

Episode 10

On this episode of Power and Market, Ryan, Tho, and Connor look at the news this week, including the escalation of threats to turn federal troops onto blue states, criminal charges for former FBI Dir…

Published on 2 months, 4 weeks ago

The Complicated Legacy of Andrew Jackson’s Bank War

Was Jackson’s victory over the Second Bank of the United States a triumph for liberty, or did it merely expand federal authority under the guise of constraining it? His legacy is complicated, but the…

Published on 2 months, 4 weeks ago

Absolutism and the “Reason of State”: Rothbard on the Growth of Statism

The Renaissance period is seen as mostly positive by historians, but the sinister development of absolutism and the imperial state complicates the legacy of that time.

Original article: https://mises.…

Published on 2 months, 4 weeks ago

James Comey Is Not an Innocent Victim of the Lawfare He Helped to Create

Although the political establishment claims the Comey indictment represents an unprecedented moment in our history, the truth is much different. Federal prosecutors have a long history of bringing un…

Published on 2 months, 4 weeks ago

Trump, Comey, and the Long History of the Unelected Government

The media is trying to frame last week’s indictment of James Comey as a “norm-shattering” use of executive power for personal gain. In truth, it's just the latest chapter in a much older story: the s…

Published on 2 months, 4 weeks ago

The Wheels of Government Cheese

By trying to protect dairy farmers and raise their incomes, the government created a massive cheese surplus, then gave it away, thus harming the farmers they were trying to support.

Original article: …

Published on 3 months ago

Menger's Barter Theory of the Origin of Money Is Still Standing

Episode 519

Professor Georgy Ganev joins Bob to explain that, contrary to the claims of David Graeber and the MMTers, the barter origin of money has not been refuted. The anthropological evidence is consistent w…

Published on 3 months ago