Minor Issues

Massive increases in government debts, much of it to foreigners, a willingness to pay for ongoing bureaucratic expenses with budget deficits, and a tidal wave of interest payments on the national debt. Could a so-called Democratic Socialist government be described as a role model for the United States? 

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With Mises University over and the stock market showing the first crack in its armor, it's time to check the underbelly of the economy’s mighty growth industry.

Check out "Big Tech Doesn't Want You Anymore" with Patrick Boyle: Mises.org/MI_81

Download The Skyscraper Curse by Mark Thornton at Mises.org/Curse.

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Mark Thornton reviews Philip Duffy's book about the mysterious Irish banker Richard Cantillon (1680–1734). Many crucial Austrian insights have been found in the economics of Cantillon and his lone surviving publication, Essai sur la Nature du Commerce en General. Indeed, the origins of economic theory itself can be traced to CantilIon.

Purchase A Tale of Four Cities: From Invisible Hand to Cancel Culture by Philip G. Duffy at Mises.org/DuffyBook.

Download An Essay on Economic Theory by Richard Cantillon (edited by Mark Thornton) at Mises.org/Essai.

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The great reckoning seems to be following the course that Mark Thornton has been charting by guesswork. In other words, the great train wreck seems to be happening. Mark shares his current outlook.

What the Fed does, what the stock market does, and what the economy does cannot be predicted in the same sense that the mechanical and physical sciences can predict simple relationships of physical bodies and forces.

"10-Year Treasury Constant Maturity Minus 2-Year Treasury Constant Maturity" (Federal Reserve Bank of St. Louis): Mises.org/MI_79_Graph

Download The Skyscraper Curse by Mark Thornton at Mises.org/Curse.

Order a free paperback copy of Murray Rothbard’s What Has Government Done to Our Money? at Mises.org/IssuesFree.

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Trade is under tremendous threat from both major political parties in the United States and their presidential candidates. In this episode, Mark Thornton discusses his new paper, "Ludwig von Mises on Trade, Human Development, and Human Progress," explains how Mises examined trade holistically and integrated it into a powerful social theory. Ideologically, the commitment to free trade must be understood and sustained in order for us to continue to receive the benefits of trade in the international division of labor.

Download Dr. Thornton's paper, "Ludwig von Mises on Trade, Human Development, and Human Progress" at Mises.org/MI_78_A

Order a free paperback copy of Murray Rothbard’s What Has Government Done to Our Money? at Mises.org/IssuesFree.

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This 4th of July holiday, take a moment to re-declare independence from your government and commit yourself to being a more appreciative member of your voluntary society—and for the people upon which you depend.

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Mark Thornton looks at the potential for everyone to run for the exits in the financial markets. In the absence of a gold monetary system and full reserve deposit banking, only the Fed can engineer economy-wide liquidity crises or fundamental crises.

Order a free paperback copy of Murray Rothbard’s What Has Government Done to Our Money? at Mises.org/IssuesFree.

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Oklahoma City recently approved the construction of the Legends Tower at a record-setting height of 1,907 feet. Is this the skyscraper curse in the making? Or, could it be an indication of a global stock market boom?

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Mark Thornton joins Ryan McMaken and Tho Bishop on Radio Rothbard to discuss the current state of the economy and what to expect as we near the election.

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Order a free paperback copy of Murray Rothbard’s What Has Government Done to Our Money? at Mises.org/IssuesFree.

As the world heads further down the road to trade protectionism and war, Mark takes a look at what Ludwig von Mises dubbed the "Montaigne Fallacy." This fallacy is based on the illogical idea that with voluntary exchange, one person's benefits come at the expense of the other, or what we call "zero sum thinking." Mark shows exactly why the idea is wrong and explains that Montaigne's other ideas are also wrongheaded. 

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Order a free paperback copy of Murray Rothbard’s What Has Government Done to Our Money? at Mises.org/IssuesFree.