PODCAST

Minor Issues

Mark Thornton

Succinct economic commentary by Dr. Mark Thornton, senior fellow at the Mises Institute.

business

All Episodes

Old School Economics

Minor Issues ·

2024/08/31

The phrase, old school economics, is often used positively or approvingly by many, but it's rarely explained. What is this school and where is it located? You can be sure that it is not what is taught in most college classrooms today. It's definitely not Keynesian or Marxist economics. But what is it?Order a free paperback copy of Per Bylund’s How to Think About the Economy at Mises.org/IssuesFree.Follow Minor Issues at Mises.org/MinorIssues.

Past Tense

Minor Issues ·

2024/08/24

Mark discusses the issues of homelessness, poverty, technology, and government in two award-winning episodes of the 1995 Star Trek series,Deep Space 9. As in the entire Star Trek genre, the basic condition of scarcity is overlooked, particularly in the cases of issues back on Earth. However, considering the roles of scarcity and incentives, Mark suggests some real-life reforms.Order a free paperback copy of Per Bylund’s How to Think About the Economy at Mises.org/IssuesFree.Follow Minor Issues at

Techno Unemployment

Minor Issues ·

2024/08/10

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_81Download 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.Follow Minor Issues at Mises.org/MinorIssues.

A Tale of Four Cities

Minor Issues ·

2024/08/03

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

July 4th Regrets

Minor Issues ·

2024/07/06

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

Rushing for the Financial Exits

Minor Issues ·

2024/06/29

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.Follow Minor Issues at Mises.org/MinorIssues.

Population

Minor Issues ·

2024/03/28

In this week’s episode, Mark links the Global Climate change agenda to the old “Population Bomb” of the 1970s. He shows that climate alarmists are really de-populationists in environmentalist clothing—both of which run counter to science and promote personal, irrational agendas.Be sure to follow Minor Issues at Mises.org/MinorIssues.Get your free copy of Dr. Guido Hülsmann'sHow Inflation Destroys Civilizationat Mises.org/IssuesFree.

Free Trade

Minor Issues ·

2024/03/09

In this week's episode, Mark examines Ludwig von Mises's important contributions to free trade theory. Free trade is more important than people think, and most government intervention is protectionist—or aids the promoters of protectionism.Trade causes civilization to come about. Protectionism is the greatest threat to our way of life, and a danger to human life, itself.Be sure to follow Minor Issues at Mises.org/MinorIssues.Get your free copy of Dr. Guido Hülsmann'sHow Inflation Destroys

The Prospects of War

Minor Issues ·

2024/03/02

In this week's episode, Mark examines the increasing prospects of global warfare and the catastrophic results. Even if such a war can be averted, it might open an opportunity for the global elites to impose their agenda of enslaving humanity.Be sure to follow Minor Issues at Mises.org/MinorIssues.Get your free copy of Dr. Guido Hülsmann'sHow Inflation Destroys Civilizationat Mises.org/IssuesFree.

The Fed vs. the Real Economy

Minor Issues ·

2024/02/16

In the old days, the Federal Reserve operated in obscurity "behind the curtain". Today, they are front-and-center for the stock market. Total credit card debt in the US is now over $1.1 Trillion.In this episode,Marklooks at the disconnect between the Fed, the stock market (featured in the last episode), and the Real Economy. Be sure to follow Minor Issues at Mises.org/MinorIssues. Get your free copy of Dr. Guido Hülsmann'sHow Inflation Destroys Civilizationat Mises.org/IssuesFree.

Fed Wisdom and the Magnificent Seven

Minor Issues ·

2024/02/09

In this week's episode, Marktakes a quick look back at Fed wisdom in the year 2000, and then surveys today's stock market—and, in particular, the Magnificent Seven stocks, which represent very narrow leadership of the overall stock market. Be sure to follow Minor Issues at Mises.org/MinorIssues. Get your free copy of Dr. Guido Hülsmann'sHow Inflation Destroys Civilizationat Mises.org/IssuesFree.

What Is Inflation for 2024?

Minor Issues ·

2024/01/19

In this week's episode, Mark compares two definitionsof inflation and what this means for policy-makers and the productive population in 2024. The mainstream view creates nothing but confusion and smokescreens, while the Austrian definition shows that the true definition shows a much higher level of economic pain and uncertainty and more economic problems to come in 2024. Be sure to follow Minor Issues at Mises.org/MinorIssues. Get your free copy of Murray Rothbard's Anatomy of the State at

Secession

Minor Issues ·

2024/01/05

This week's episode begins 2024 by looking at the growing political divide among the American people—and how to solve it. Be sure to follow Minor Issues at Mises.org/MinorIssues. Get your free copy of Murray Rothbard's Anatomy of the State at Mises.org/IssuesFree.

The Oregon Problem

Minor Issues ·

2023/12/08

The Wall Street Journal reported last month that the ballot initiative to decriminalize all drugs in the state of Oregon is failing, and that efforts are underway to recriminalize hard drugs.Markpoints out that decriminalizing drug possession does nothing to improve black market production of drugs, which makes drugs much more dangerous to consume. More importantly, it is Oregon's socialist ideology that coddles homelessness and open hard drug use that is the real problem for thegood citizens of the

Seed Corn and Dry Powder

Minor Issues ·

2023/11/11

On this week's episode, Mark looks at the financialcondition of the government and of American citizens on the cusp of the next recession. The financial condition of the United States Treasury, the Federal Reserve, and the American citizenry is weak;debt is high and rising, and this is very worrisome in an economic environment of rising interest rates and a weakening global economy. Please share this episode with a curmudgeon. The U.S. Debt Clock:USDebtClock.org Be sure to follow Minor Issues at

Monetary Chaos

Minor Issues ·

2023/11/04

On this week's episode, Mark addresses how we the people can prevent the government and the Federal Reserve from grabbing more power and implementing their own preferred "solutions" to economic issues. This is the third round of monetary chaos the Fed has subjected us to in recent history—a history from which valuable lessons can be learned. Be sure to follow Minor Issues at Mises.org/MinorIssues.

On the Cultural Impact of the Paper Dollar

Minor Issues ·

2023/10/28

On this week's episode, Mark recaps Professor Guido Hülsmann's recent lecture on the cultural impact of the paper dollar. Hülsmann explains how an ever-inflationary monetary system and depreciating currency are leading to moral decay and divisiveness in America. Be sure to follow Minor Issues at Mises.org/MinorIssues. Additional Resources "The Cultural Impact of the Dollar" by Guido Hülsmann: Mises.org/Minor_42A "Abundance, Generosity, and the State: An Inquiry into Economic Principles" by Guido

Where Did the Dollar Come From?

Minor Issues ·

2023/10/21

On this week's episode, Mark takes a look back to where our dollar came from. Our nation started with silver as money: the Silver Dollar, and before that the Spanish Peso in colonial times. That type of large silver coin goes back to the early 1500s and the Early Modern Erawhen such coins expanded trade, improved the food supply, led to commercially produced clothing, and gradually changed housing from mud-and-grass construction to brick-and-lumber construction. Our modern paper dollar is worth less

Where Did the Dollar Come From?

Minor Issues ·

2023/10/20

Separation 101

Minor Issues ·

2023/10/14

Mark contemplatesthe political divide in America, the lack of a middle ground, the political divisions in DC, and the turmoil over the Speaker of the House. Looking around the world, similar problems exist in many places;but, there is a tried and true solution, which Mark explains. Be sure to follow Minor Issues at Mises.org/MinorIssues.

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