U.S. Economy

Interviewed by host Alan Butler, Mark Thornton discusses the failed War on Drugs, and the current state of the U.S. economy.

The history of the last great US monetary experiment in “quantitative easing” from 1934 to 1937 suggests that things could end badly.

Interviewed by host John O’Donnell, Mark Thornton discusses the state of the economy and jobs, why inflation will continue to erode the quali

Mark Thornton explains why the government's latest unemployment numbers are a sham, and the labor market is nowhere near recovered.

The latest GDP report for the first quarter can be reviewed here.

Mark Thornton critiques Thomas Piketty's recent bestseller, and explains why capitalism is not the problem, nor are taxation and redistribution of wealth the solutions.

Mark Thornton refutes the recent Washington Post attack on Austrian Economics.

Peter Klein answers a viewer's question, and discusses the growing evidence of asset price inflation.

Mark Thornton explains what the latest government employment report really tells us.

Joe Salerno dismantles the Council of Economic Advisers' latest report touting the success of the 2009 stimulus, five years later.