You Can’t Have Free Markets and an Empire
"Free markets at home, empire abroad" isn't just incoherent—it's arithmetically impossible. Connor O'Keeffe on why you can't fund the warfare state without the income tax and the Fed.
"Free markets at home, empire abroad" isn't just incoherent—it's arithmetically impossible. Connor O'Keeffe on why you can't fund the warfare state without the income tax and the Fed.
Opening the 40th Mises University, Professor Hülsmann tells how the Austrian school came back from near-extinction—and why Mises U was central to its revival.
Lying seems to come naturally to political elites. Dr. Mark Thornton examines John J. Mearsheimer’s book, Why Leaders Lie: The Truth about Lying in International Politics to find out why elites lie so much.
Mark Thornton argues modern politics is a power struggle run by elites—and that Austrian economics explains both the rigged system and the way out.
Kevin Warsh may talk tough, but Mark Thornton argues the Fed’s real mandate hasn’t changed: finance Washington, protect Wall Street, and let inflation grind down everyone else.
When inflation surges, the first thing on the government's agenda is for the Federal Reserve to try to force up interest rates. However, as Frank Shostak writes, that might not be the best strategy.
When inflation surges, the first thing on the government's agenda is for the Federal Reserve to try to force up interest rates. However, as Frank Shostak writes, that might not be the best strategy.
On this episode of Power and Market, Ryan, Connor, and Tho discuss the results of the most expensive Congressional race in American history. What does the defeat of Thomas Massie tell us? What does this mean for libertarian strategy? Should we blackpill? Tune in for this and more.
AI has created enormous demand for new data centers, and many communities do not want them nearby. The Rothbardian answer is not blanket permission or blanket prohibition, but a property-rights framework and the return of market forces that government policy has largely displaced.
Every nation-state boundary was drawn by force. Should we treat them as sacred the same way we treat a house or factory? Rothbard says no, and proposes something more radical.