Cover art for Minor Issues

Austrian Economics, Gold, and the Fed’s Confidence Game

Minor Issues

Published
August 22, 2026
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Last updated
Sep 6, 2026

Discusses Mark Thornton opens with an interview from the Rothbard Graduate Seminar on what makes Austrian econ…

Summary

Mark Thornton opens with an interview from the Rothbard Graduate Seminar on what makes Austrian economics distinct, why the Mises Institute matters, and how Böhm-Bawerk, Mises, and Austrian business cycle theory help students understand prices, capital, interest rates, socialism, skyscrapers, and the K-shaped economy. He emphasizes Austrian economics as a…

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Show notes

Mark Thornton opens with an interview from the Rothbard Graduate Seminar on what makes Austrian economics distinct, why the Mises Institute matters, and how Böhm-Bawerk, Mises, and Austrian business cycle theory help students understand prices, capital, interest rates, socialism, skyscrapers, and the K-shaped economy. He emphasizes Austrian economics as a coherent, deductive approach rooted in human action and useful far beyond economics departments.On Side B, Mark joins VRIC Media and CapitalCo