Mark Thornton appears on the Scott Horton Show to discuss the state of the economy.
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Category Archive: 6b.) Mises.org
How the American Government Used Protestantism to Block Communism in Latin America
It was at the height of the Cold War that the CIA and the American government began subsidizing Protestant missions, mostly of Pentecostal denomination, with the intent of diluting Catholic presence and preventing the spread of Marxist ideals through religion.
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What Happened to Climate Change?
Once it stopped being useful to cement power, politicians abandoned “climate change” narratives for others they found more effective.
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How Religious Freedom in America Was Founded on Privatization and Decentralization
The drive to religious freedom in America was carried out overwhelmingly in the state legislatures—and the federal First Amendment had almost nothing to do with it.
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President Trump’s “Mission Accomplished” Moment
Unless President Trump reverses course, the “Lower Prices Bigger Paychecks” banner that hung behind him at his “affordability” speech this month will be remembered as being to economic policy what President George W. Bush’s “Mission Accomplished” banner was to foreign policy.
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An Economic Contagion
When there is a cascade of failing businesses at one time, it is easy to think of it as an economic contagion that is a by-product of capitalism. Yet, a cluster of business errors can be laid firmly at the feet of government.
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Obama’s PowerPoint Death Parade Led to Trump’s Venezuelan Killings
President Trump and Hegseth are cashing a blank check for carnage that was written years earlier by President Barack Obama.
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November’s Weak Jobs Report Pushes the Fed Toward More Monetary Stimulus
If employment reports continue to show growing economic stagnation, calls for more monetary inflation and government spending will only grow.
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Property Rights: The Root Cause of the Palestinian-Israeli Conflict
Saifedean Ammous: "Property rights in Palestine have been replaced by a government agency that owns the majority of land, constantly steals more, never sells, and only leases land to one racial group."
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Why Hayek Rejected Merit-Based Equality
In criticizing the progressive notion of equity, or equality of results, critics of such views embrace an order of “meritocracy.” F.A. Hayek, however, understood that in a free society, inequality is inevitable, and it is something we must accept.
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Eric Weinstein’s Challenge to Mainstream Mathematical Economics
Bob uses clips from his recent interview with Eric Weinstein to explain why Weinstein thinks gauge theory can fix how economists measure the cost of living, and why Austrians shouldn’t dismiss him as a crank.
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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.
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The K-Shaped Economy
The so-called K-shaped economy—where some experience positive growth and others negative growth—is perfectly explained by Austrian business cycle theory and the Cantillon effect.
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Trump Goes Hoover
On the economy, Trump gives himself a grade of “A+++++,” which is reminiscent of Hoover and other politicians who interpreted their economic failures as successes.
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Fannie and Freddie are quietly buying up billions in mortgage securities
The GSEs have likely been told by the administration to buy up more mortgage debt to create the illusion that there is more demand for real estate than there is.
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Cuba’s much-praised health care system is a disaster.
Cuban hospitals are overwhelmed, pharma drugs are in short supply, and diagnostic tools are in short supply. The Cuban state is pretending nothing is wrong.
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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.
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Will Kevin Hassett’s Fed-Chair candidacy get derailed?
Hassett was thought to be a done deal, but Trump and his allies are now suggesting that Kevin Warsh is the frontrunner.
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On Swiss National Bank
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SNB Sight Deposits: increased by 1.7 billion francs compared to the previous week
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2025-07-31 – Interim results of the Swiss National Bank as at 30 June 2025
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SNB Brings Back Zero Percent Interest Rates
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Hold-up sur l’eau potable (2/2) : la supercherie de « l’hydrogène vert ». Par Vincent Held
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2025-06-25 – Quarterly Bulletin 2/2025
Main SNB Background Info
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