Get ready to hear a lot about how we need government regulation to ensure that only state-approved, expensive, crony “capitalist” firms are allowed to develop AI. Original article: https://mises.org/mises-wire/ai-threat-replacing-covid-and-global-warming

By ignoring the entrepreneur, mainstream economists are also removing a vital part of economics theory. It is like designing a car and leaving out the engine. Original article: https://mises.org/mises-wire/understanding-entrepreneurship-has-major-implications-economic-analysis

What followed 9/11 was 25 years of systematic destruction of American liberties, and the final destruction of the Bill of Rights, all in the name of “safety” and “patriotism.” Original article: https://mises.org/mises-wire/times-change-principles-dont

Ignorance is treated as a reason to trust the state rather than a reason to withhold judgment about its exercise of coercion. To assume that the state’s unknown information is correct and justifying is therefore to err on the side of violence. Original article: https://mises.org/mises-wire/foreign-policy-gnosticism-appeal-black-box-our-leaders-know-more

Mark Thornton follows up on last week’s episode by arguing that the Trump administration, Chairman Warsh, and Secretary Bessent are using short-term maneuvers to hide long-term economic and geopolitical problems. He focuses on Bessent’s “Operation Economic Outcast,” the failure to isolate Iran, weakening foreign demand for US bonds, the breakdown of the petrodollar order, and the growing risks created by war, sanctions, and fiscal denial. On Side B, Thornton joins Mario Innecco to discuss the bond market, inflation, war, the AI bubble, and why productivity gains cannot cure monetary inflation. They also turn to the deeper political problem: elite control, rising unrest, and the need for a bottom-up ideological revolution rooted in sound economics and limited government. 2026 is the Year of Rothbard—Murray’s 100th birthday—and we’re celebrating by giving away free copies of Economic Depressions: Their Cause and Cure through September 30. Grab yours today at https://mises.org/issuesfree 20% off listener offer on the insulated Minor Issues tumbler and three of Mark’s books: https://mises.org/MinorIssuesTumbler. Use coupon code Thornton. Be sure to follow Minor Issues at https://Mises.org/MinorIssues

On this episode of Power & Market, Ryan, Connor, and Tho talk about new highs in bond yields, why that matters, and whether or not a new round of $5,000 Trump bucks will solve America’s affordability crisis. Celebrate Murray Rothbard’s 100th birthday with a free copy of Economic Depressions: Their Cause and Cure, our September giveaway. Get yours at https://Mises.org/PMPodFree

The drama continues in college sports—not on the field, but in the courtrooms—thanks to judges applying antitrust law that does not permit the NCAA to be able to enforce its own rules. Original article: https://mises.org/mises-wire/college-sports-lsu-and-judge-shopping-anarcho-tyranny-continues

Those who become “elites” through the initiation of violence, and through the looting of others, have always been frauds and imposters. Original article: https://mises.org/mises-wire/real-elites-vs-ruling-elites

Mark Thornton opens by tracing the Soros-linked circle of Scott Bessent, Stanley Druckenmiller, and Kevin Warsh, arguing that Treasury and Fed officials are using currency moves, bond buybacks, and market-signaling games to hold the system together through Election Day. He connects Bessent’s yen and Treasury interventions, Warsh’s Jackson Hole remarks, gold and silver volatility, and the broader effort to mask weak bond markets and a falling dollar. On Side B, Mark joins TastyLive to discuss the market consequences: precious metals and commodities as relief valves, AI debt as a classic Austrian business cycle malinvestment, why productivity gains cannot cure monetary inflation, and why rate hikes may hurt financial markets and indebted consumers without fixing war-driven price shocks. 2026 is the Year of Rothbard—Murray's 100th birthday—and we're celebrating by giving away free copies of Economic Depressions: Their Cause and Cure through September 30. Grab yours today at https://mises.org/issuesfree 20% off listener offer on the insulated Minor Issues tumbler and three of Mark's books: https://mises.org/MinorIssuesTumbler. Use coupon code Thornton. Be sure to follow Minor Issues at https://Mises.org/MinorIssues

On this episode of Power & Market, Ryan, Connor, and Tho hit on a variety of topics, including meaningful rollbacks of Flock in the south, a look at immigration protests in Spain, and Washington’s new corporate oil deals in Venezuela.