This week on Radio Rothbard, Ryan McMaken and Tho Bishop are joined by Peter St. Onge (https://Mises.org/StOnge), a fellow at the Heritage Foundation and a regular contributor to the Mises Wire. This episode looks at the political response to the recent turmoil in the banking system and how the Austrian position looks today relative to 2008. St. Onge makes a case for optimism.

Recommended Resources

"It Turns Out That Hundreds of Banks Are at Risk" by Peter St. Onge: https://Mises.org/RR_126_A

"The Fed Backtracks on Future Rate Hikes as Bank Failures Loom Large" by Ryan McMaken: https://Mises.org/RR_126_B

"Looming Bank Failures Point to More Price Inflation as Real Wages Fall Again" by Ryan McMaken: https://Mises.org/RR_126_C

Peter St. Onge's Substack: https://StOnge.substack.com

2023 Libertarian Scholars Conference: https://Mises.org/LSC23

Be sure to follow Radio Rothbard at https://Mises.org/RadioRothbard.

Radio Rothbard

The Political Response to our Banking Crisis

President Trump‘s threat to withhold $9 billion from Harvard University is being framed in the legacy media and academia as a threat to Harvard‘s academic freedom. But there is a pertinent question no pundits are even asking: Why are taxpayers being forced to give Harvard $9 billion?

Read the article here: https://mises.org/mises-wire/stop-all-federal-funding-universities

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

Stop All Federal Funding of Universities

James Bovard joins host Ryan McMaken to talk about how the White House went from targeting illegal aliens to seizing legal residents guilty of the "crime" of criticizing the government of the State of Israel. Do non-citizens have due-process rights? The Founding Fathers thought so.

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

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Why Did Trump Arrest a Student for Writing an Op-Ed?

Trump has tried to claim that he favors "Main Street over Wall Street." Unfortunately, by pushing aggressive low-interest-rate monetary policy, Trump has put himself squarely in the camp of “Wall Street over Main Street.”

Be sure to follow the Loot and Lobby podcast at https://Mises.org/LL

Trump's Monetary Policy Favors the Wealthy over Ordinary People

The first 100 days of the second Trump administration have made it clear that those who want the foreign policy status quo to continue are serious about doing what it takes to accomplish their goals, while those who want to change it are not.

Read the article here: https://mises.org/mises-wire/trump-administration-not-serious-about-ending-endless-wars

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 Mises.org/GB

The Trump Administration Is Not Serious About Ending Endless Wars

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

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Trump’s First 100 Days: The Good and the Bad

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.

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Powell, Trump, and the Austrian Business Cycle Time Bomb

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

Want to Pay Down the National Debt? First, Cut Federal Spending

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

Real ID Is Not About Keeping You Safe

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

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California’s Bullet-Train Delusion

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

The Gold-Silver Ratio

The Mises Institute, founded in 1982, is an educational institution devoted to advancing Austrian economics, freedom, and peace in the classical-liberal tradition. Our website offers many thousands of free books and thousands of hours of audio and video, along with the full run of rare journals, biographies, and bibliographies of great economists.

The Political Response to our Banking Crisis

Mises Institute

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