Podcast Episodes

Risk, 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 entrepreneurial profit seeking with risk management.

Origin…

Published on 2 weeks, 2 days 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 it hasn’t done is protect farmland.

Original article…

Published on 2 weeks, 2 days 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 administered number. Mark warns the long-run trend…

Published on 2 weeks, 5 days 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 buying, but government intervention has made buying a…

Published on 2 weeks, 5 days 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 acquiring the same kinds of assets earlier generations pro…

Published on 2 weeks, 5 days 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 continuing realities of Obamacare.

Don't miss your cha…

Published on 2 weeks, 6 days 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 thing. Americans should know how FDR’s presidency le…

Published on 2 weeks, 6 days 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 affordable as a total failure. But that wasn’t the true pur…

Published on 2 weeks, 6 days 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.

Original article: https://mises.org/mises-wire/elon-musk…

Published on 3 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 surge is a market verdict on deficits, rate manipulati…

Published on 3 weeks ago