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

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 CapitalCosm to discuss the Fed, oil, government debt, Social Security, younger voters, and the future of the dollar. He argues that the Fed’s real priorities are financing government debt and protecting banks and Wall Street.

The transcript of the interview with Recep Kocyigit, "Skyscrapers, Böhm-Bawerk, and the K-Shaped Economy: A Conversation with Dr. Mark Thornton," is available in PDF: https://mises.org/MI_191_PDF

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