U.S. Economy

On this episode of Power and Market, Ryan, Connor, and Tho discuss the social debate this week focused on Gen Z economic anxiety.

By convincing Congress to permit the government to take equity positions in private firms, Donald Trump has completed the transition of the economy from free markets to political capitalism.

If we wish to be honest, the Federal Reserve System needs to be put out of its—and our—misery.

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.

In this week’s Friday Philosophy, Dr. David Gordon reviews Cronyism: Rise of the Corporate State 1849–1929 by Patrick Newman.

Recently, the Supreme Court released two major executive power opinions.

The Federal Reserve claims that its policies are aimed a keeping prices stable. However, these policies actually undermine the economy and make it unstable.

Mark Thornton updates the Stocks versus Manure contest, then explains why gold’s correction may be temporary, and why democratic socialism attracts young voters with failed answers to real problems.

Mark Thornton examines the rise of democratic socialism, the political realignment it may trigger, and why young Americans are embracing bad solutions to real problems.

Mark Thornton warns that war propaganda turns citizens into dupes. Ludwig von Mises’s critique of statism explains why foreign conflicts keep returning.