Mises Institute

Economist Alex Tabarrok joins Bob to review Trump’s executive order on prescription drug pricing. They explore how price discrimination works in global pharmaceutical markets, the unintended consequences of importation policies, and why U.S. consumers often pay more—yet benefit most from drug innovation. Tabarrok also critiques the FDA’s role in delaying treatments and explains how regulatory reform, not price caps, could make healthcare more affordable and effective. Alex's Article, "Econ 101 is Underrated: Pharma Price Controls": https://Mises.org/HAP500a

On Economics Explored, host Gene Tunny and guest Dr. Mark Thornton discuss the “Skyscraper Curse,” the uncanny correlation between constructing the world’s tallest buildings and subsequent global economic crises. Mark explains why these architectural achievements often precede financial downturns. With the resurrection of Saudi Arabia’s Jeddah Tower project—destined to become the world’s tallest building—set for completion around 2027, could another global economic crisis be imminent? Tune in for an eye-opening discussion that connects skyscrapers, economics, and predictions for our financial future. Additional Resources “The Skyscraper Curse and Austrian Economics with Mark Thornton” (Economics Explored Podcast with Gene Tunney): https://Mises.org/MI_120_A The Skyscraper Curse: And How Austrian Economists Predicted Every Major Economic Crisis of the Last Century by Mark Thornton: https://Mises.org/Curse An Essay on Economic Theory by Richard Cantillon (edited by Mark Thornton): https://Mises.org/MI_120_B Be sure to follow Minor Issues at https://Mises.org/MinorIssues

Political Scientist Joseph Solis-Mullen joins Ryan McMaken to review Ralph Raico’s newly published lectures on politics in the West. We recommend this book for all who want a pro-freedom history of political thought. Be sure to follow Radio Rothbard at https://Mises.org/RadioRothbard Radio Rothbard mugs are available at the Mises Store. Get yours at https://Mises.org/RothMug PROMO CODE: RothPod for 20% off

While Trump has not yet turned to price controls to address America‘s absurdly high drug prices, Monday‘s executive order suggests that he soon may. Price controls would only worsen the problem with the drug market. Here are three things he can do instead. Read the article here: https://mises.org/mises-wire/how-trump-can-lower-drug-prices-without-price-controls 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 Be sure to follow the Guns and Butter podcast at https://Mises.org/GB

In this episode of the Minor Issues podcast, Mark Thornton unpacks the fascinating world of the gold-silver ratio. Once a key player in bimetallism debates and Gresham’s law, this ratio is now making headlines as it hovers near record highs—over 100 ounces of silver to one ounce of gold. Mark explores the historical context behind these numbers, and explains why these shifts can signal deeper changes in the economy. He also breaks down what the ratio means for different types of investors, how tariffs and trade wars can twist relative prices across the board, and why understanding these shifts is crucial for everyone—not just economists. Additional Resources Gold-Silver Ratio Charts at Gold Price: https://Mises.org/MI_119_A "Bring Back Gold!" by Lew Rockwell: https://Mises.org/MI_119_B "Gold:silver ratio hits 105, but analysts are not giving up on the ‘little’ sibling" by Neils Christensen (Kitco): https://Mises.org/MI_119_C Be sure to follow Minor Issues at Mises.org/MinorIssues

California economist and resident/victim William Anderson joins us to talk about the absurdity of California’s bullet train plan, and how it ignores economic realities. Register for our Revisionist History of War Conference now at https://mises.org/rhw Be sure to follow Radio Rothbard at https://Mises.org/RadioRothbard Radio Rothbard mugs are available at the Mises Store. Get yours at https://Mises.org/RothMug PROMO CODE: RothPod for 20% off

With the deadline for obtaining the federal government‘s Real ID technically upon us, it‘s important to understand that this is not an irritating but necessary program to keep Americans safe. It's the latest example of the government using 9/11 as an excuse to grab more power. Read the article here: https://mises.org/mises-wire/real-id-not-about-keeping-you-safe 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 Be sure to follow the Guns and Butter podcast at https://Mises.org/GB

Is President Trump right about interest rates? Is Fed Chairman Jay Powell making a mistake? Forget the mainstream media talking points. Mark Thornton cuts through the noise to explore the real economic threats facing America. In this episode, Mark dissects how the Fed's monetary policies, not just Trump's tariffs, have created a dangerous Austrian Business Cycle time bomb. Will Powell's rate cuts save the day, or is a recession inevitable? Mark examines key sectors of the S&P 500 to reveal the truth and predict what's coming next. Join us May 15-17, 2025, at the Mises Institute in Auburn, Alabama, for our Revisionist History of War Conference. This is our first history conference in almost thirty years. For more details and to register, visit https://Mises.org/rhw. Be sure to follow Minor Issues at Mises.org/MinorIssues

If a politician claims that he cares about the national debt, but then won't make big cuts to current federal spending, he's either a liar or a fool. Be sure to follow the Loot and Lobby podcast at https://Mises.org/LL

Historian Chris Calton joins Ryan McMaken to discuss both the upsides and the downsides of Trump’s first 100 days. Register for our Revisionist History of War Conference now at https://mises.org/rhw Be sure to follow Radio Rothbard at https://Mises.org/RadioRothbard Radio Rothbard mugs are available at the Mises Store. Get yours at https://Mises.org/RothMug PROMO CODE: RothPod for 20% off