Recent Podcast Episodes

The natural tendency of the state is inflation.

Statistics can be interesting and informative, but only if one can properly understand them through sound economic theory.

The first intervention was not inflation. It was the seizure of the mint.

If dollars are things in themselves, why may not everyone manufacture them?

To argue for a full gold standard is to risk being classed with the dodo bird.

Bretton Woods was a dollar standard wearing the prestige of gold.

Dr. Mark Thornton joins David Lin to discuss the AI investment surge, tariffs, inflation, the Fed’s interest-rate dilemma, and the broader risks facing the economy.

Last week, more than 50,000 people illegally entered the Spanish exclave city of Ceuta, which normally has a population of only 80,000. Why not just open the border permanently? 

Andy Schectman, Founder & CEO of Miles Franklin Precious Metals, interviews Mark Thornton, Senior Fellow at the Mises Institute, to discuss why he believes the global economy is approaching a critical turning point driven by mounting debt, declining trust, and years of monetary distortion.

Mark Thornton explains how inflation drives the K-shaped economy, why gold and silver remain central to the debt crisis, and why socialism appeals to young Americans left behind by government failure.

Scotland's celebrated free banks were neither free nor superior.

Murray Rothbard realized the present system of punishment for committing crimes is both inadequate and unjust. We need to move to a system of restitution.

Bob reviews Murray Rothbard's 1988 essay "The Myth of Free Banking in Scotland," his sharp response to Larry White's influential account of Scottish free banking.

No matter how legitimate the reasons might seem for going to war, the results are always horrific, and wars rarely, if ever, accomplish their stated purposes.

In 1962, despite professional and institutional obstacles, Man, Economy, and State was finally published. With it, Rothbard greatly advanced the Austrian tradition and firmly positioned himself as Mises’s heir.

With advances in the Austrian theory of the business cycle, Rothbard finally completed the monumental task of deducing the entire corpus of economic theory using the praxeological method.

Murray Rothbard’s project drastically changed in mid-1953. Unable to rely on Mises’s sparse treatment of production theory, Rothbard adopted his old Marshallian approach, focusing on an individual firm that faced fixed prices and restricted investment decisions.

Murray Rothbard’s economic perspective changed significantly in 1949 when he met Ludwig von Mises and read his magnum opus, Human Action. 

Murray Rothbard started his career with a foundational training in neoclassical economics. 

Murray N . Rothbard: The Making of an Austrian Economist is written for everyone interested in Rothbard’s economic theory and Austrian economics in general.