This week, interest rates spiked as Trump’s spending problem convinced investors they want higher yields for trillions of new federal debt.

Be sure to follow the Loot and Lobby podcast at https://Mises.org/LL

Biden’s hidden illness, Trump’s surprise foreign-policy pivot, and America’s bond meltdown.

Welcome to the inaugural episode of the Power & Market Podcast, a weekly news recap from the Mises Institute’s editorial team.

This week, join Ryan McMaken, Tho Bishop, and Connor O’Keeffe as they unpack the political theatrics behind Biden’s health cover-up, explore emerging cracks in America’s financial foundations, and break down Trump’s provocative Riyadh speech. Are bond vigilantes finally waking up, and what’s next for the economy?

In this episode, Mark Thornton discusses The Triumph of Economic Freedom: Debunking the Seven Great Myths of American Capitalism, the new book by Senator Phil Gramm and Professor Donald J. Boudreaux.

Mark reflects on the persistent misconceptions about capitalism in America and offers up a “Marxist interpretation” of our dilemma. He explores how entrenched ideologies shape the way information is presented, the influence of state actors on education and media, and the ways in which these forces skew perceptions of economic history. Ultimately, Mark argues for a more critical and evidence-based approach to understanding capitalism.

Be sure to follow Minor Issues at https://Mises.org/MinorIssues

In this lecture from the Mises Institute’s recent Conference on War Revisionism, McMaken looks at how classical liberals’ pro-peace foreign policy was defeated by a century of war propaganda beginning with the First World War.

The reaction to Biden’s cancer announcement reveals how little trust the public has in the people who spent years claiming that Biden’s mental decline was fabricated by right-wing propagandists. That lack of trust is well deserved.

Read the article here: https://mises.org/mises-wire/what-biden-health-coverup-reveals-about-political-class

The Mises Institute is giving away 100,000 copies of Murray Rothbard’s, What Has Government Done to Our Money? Get your free copy at https://mises.org/gabfreebook

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Brion McClanahan dismantles the so-called "righteous cause" narrative that shapes modern American history and foreign policy, tracing its roots from Sumner and Lincoln to the war in Iraq.

Recorded at the Mises Institute in Auburn, Alabama, on May 17, 2025.

Who really caused the violence of Reconstruction? Wanjiru Njoya exposes how federal intervention fueled racial conflict and dismantled the South's social order—challenging modern myths with historical truth.

Recorded at the Mises Institute in Auburn, Alabama, on May 17, 2025.

Ron Unz critically reassesses the established narrative of World War II, exploring overlooked historical evidence, scholarly purges, and contested interpretations that significantly redefine our understanding of the conflict.

Recorded at the Mises Institute in Auburn, Alabama, on May 17, 2025.

Military Keynesianism wasn't just economic policy, it was socialism in disguise. Joseph Salerno reveals how John F. Kennedy's economists used war spending and deficits to erode liberty under the guise of stability and growth.

Recorded at the Mises Institute in Auburn, Alabama, on May 17, 2025.

Historian Charles Beard championed continentalism—keeping America out of foreign wars. David Gordon explores Beard’s forgotten warnings and their lasting lessons on liberty and foreign policy.

Recorded at the Mises Institute in Auburn, Alabama, on May 16, 2025.