Ryan McMaken, Tho Bishop, Connor O'Keeffe
Power and Market
Join Mises Institute staffers Ryan McMaken, Tho Bishop, and Connor O'Keeffe for weekly roundtable discussions that dive into current events, economics, politics, and the ideas shaping our world. Less formal than typical interviews and focused on lively, timely conversation, Power and Market draws from the week's most compelling articles and topics featured on mises.org, providing insightful analysis and free market perspectives.
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Episodes
Justice Thomas's Rothbardian Phase and the Hamiltonian Vance 09.07.2026
On this episode of Power and Market, Ryan, Connor, and Tho discuss the recent SCOTUS decisions as well as JD Vance's recent praise for the economic views of Alexander Hamilton.
The Death of Greenspan and Rise of Mamdanism 25.06.2026
On this episode of Power & Market, Tho, Connor, and special guest Ryan Turnipseed pay tribute to the Maestro, consider whether Democratic Socialists are part of Greenspan's legacy, and embrace Justice Clarence Thomas as a Rothbard respecter.
The Warsh Era Begins 18.06.2026
On this episode of Power and Market, Ryan, Connor, and Tho discuss the first FOMC meeting under new Fed Chair Kevin Warsh. Out? Forward Guidance. In? Task forces! What should we take away from Warsh's first time addressing the financial press, and will his tenure be an improvement from the past, or present new dangers to the public?
The NDAA's Attempt to Election-proof US-Israel Relations 11.06.2026
On this episode of Power and Market, Ryan, Connor, and Tho look at the debate over the latest National Defense Authorization Act.
Post-Massie America 21.05.2026
On this episode of Power and Market, Ryan, Connor, and Tho discuss the results of the most expensive Congressional race in American history. What does the defeat of Thomas Massie tell us? What does this mean for libertarian strategy? Should we blackpill? Tune in for this and more.
Bad Inflation Data Drops While Trump's in China (And Other Headlines) 14.05.2026
On this episode of Power & Market, Ryan, Connor, and Tho break down a variety of headlines from the week, including bad inflation data, Trump's trip to China, Kevin Warsh's Senate confirmation, and the political theatre of Spencer Pratt and Zohran Mamdani.
The Great Gerrymander War 07.05.2026
On this episode of Power & Market, Ryan, Tho, and Connor discuss the escalating battle over Congressional districts. As Republicans and Democrats engage in an arms race over gerrymandering, assisted by a new Supreme Court ruling over racial districts, is the facade of "representative democracy" finally slipping?
Stuff that Fed Officials Say 30.04.2026
Ryan McMaken, Jonathan Newman, and Joshua Mawhorter of the Mises Institute take a look at the politics of "fedspeak" and what officials at the Federal Reserve really mean when they say they're going to fix the Fed. Related: Jonathan's Article, "A Look Behind the Fed’s Curtains": Mises.org/PM43a NYT, "How Kevin Warsh Could Shrink the Fed’s Footprint in Financial Markets": Mises.org/PM43b
War Doesn't Stop the Casinofication of the American Economy 16.04.2026
On this episode of Power and Market, Ryan, Tho, and Connor discuss Fed drama, plummeting consumer sentiment, and how the American economy is becoming increasingly like a casino. Why The Crash Was Delayed by Robert Aro
Is a Ceasefire Happening? + Should Christians be Socialist? 09.04.2026
On this episode of Power and Market, Ryan, Connor, and Tho look at the updates on the Iran war front, including whether or not a ceasefire will last and recent reporting on Israel's influence on Trump's war decision. Plus, discussion about a recent Tucker Carlson Show guest and his view that Christianity is inherently socialist.
Trump Is Right on Birthright Citizenship 02.04.2026
On this episode of Power and Market, Ryan, Connor, and Tho discuss Pam Bondi being fired, the SCOTUS taking up Trump's executive order on birthright citizenship, and the difference between realist and naive libertarians.
America's TSA Meltdown 26.03.2026
On this episode of Power and Market, Ryan, Tho, and Connor talk about the historic waits thanks to DC's monopoly on airport security, and Joe Kent's resignation over the Iran War.
The Strait of Hormuz is On Fire 12.03.2026
On this episode of Power & Market, Ryan, Connor, and Tho look at the economic fallout from the war in Iran. How has Iran been able to control the Strait of Hormuz? How might central bankers react? And draft talk out of Washington? Tune in to hear about this and more, as well as a preview of next week's Libertarian Scholars Conference and Austrian Economics Research Conference.
The War We've Been Waiting For 05.03.2026
Trump has brought the US into war with Iran. Ryan, Tho, and Connor talk about the initial execution, the domestic fallout, the global costs, and what may come next.
What Is the State of the Union? 27.02.2026
On this episode of Power and Market, we feel compelled to discuss this week's State of the Union speech. Ryan and Tho are joined by Dr. Jonathan Newman to provide some historical context to the event and what, if anything, actually matters from the speech.
Presidential Power Rankings 19.02.2026
On this episode of Power & Market, Ryan, Connor, and Tho celebrate Presidents' Day by talking about the best and worst presidents in American history.
Bad Bunny, Bad Jobs Revisions, and Trump’s Bad Immigration Operation in Minnesota 12.02.2026
Joshua Mawhorter joins Ryan and Connor to talk about the dueling Super Bowl Halftime Shows, the latest jobs report, and Trump’s deadly and counterproductive deportation operation in Minnesota. Don't forget, the Mises Institute's first event is coming up on February 21st in Oklahoma City. Join us for a look at Entrepreneurship Beyond Politics. Are you a grad student interested in Austrian econ...
Are the Epstein Files the Chernobyl of the West? 05.02.2026
On this episode of Power and Market, Ryan, Connor, and Tho discuss the fallout from the release of the Epstein Files and what it means for how the masses view the elite. Don't forget, the Mises Institute's first event is coming up on February 21st in Oklahoma City. Join us for a look at Entrepreneurship Beyond Politics. Are you a grad student interested in Austrian economics? Consider the Mis...
The Fed Does Nothing 29.01.2026
Dr. Jonathan Newman joins Tho and Connor to discuss Jerome Powell's favorite type of FOMC meeting: a boring one. No cuts, no concerns, no drama in the eyes of the soon-to-be-former Fed Chair. The guys try to bust his bubble on this episode of Power and Market. Don't forget, the Mises Institute's first event is coming up on February 21st in Oklahoma City. Join us for a look at Entrepreneurship...
Davos Calls For A New World Order 22.01.2026
On this episode of Power and Market, Ryan, Connor, and Tho look at the headlines coming out of Davos, including Mark Carney's speech calling out the lie of a "rules-based international order," the European reaction to Trump's plans for Greenland, and the political fallout on both sides of the Atlantic. Don't forget, the Mises Institute's first event is coming up on February 21st in Oklahoma C...
The United States v. Jerome Powell 15.01.2026
On this episode of Power and Market, Ryan, Connor, and Tho discuss the reported probe into Fed Chair Jerome Powell. Is this actual accountability for malfeasance, or a petty battle of DC egos? At the end of the day, does the difference matter? And should Powell be encouraged that central banks around the world are standing in solidarity with him? The panel dives into these questions and more. ...
The Donroe Doctrine and Its Consequences 08.01.2026
On this episode of Power & Market, the panel kicks off 2026 with a conversation about the arrest of Maduro. What's next for Venezuela? What's DC's next target? Does America really need a 1.5 trillion dollar defense budget? We look at these questions and more.
The Death of DOGE and the Triumph of the Establishment: A Review of 2025 18.12.2025
On this episode of Power and Market, Ryan, Tho, and Connor reflect on what they view as the biggest stories and themes of the year. Don't miss your chance to get a copy of Ryan McMaken's The Fight For Liberty: Past, Present, and Future during our year-end fundraising campaign. Donate before December 8th and have it doubled! Learn more here.
Trump is Winning Over the Fed 11.12.2025
On this episode of Power and Market, Ryan, Connor, and Tho break down the latest FOMC meeting, the real takeaways from Powell’s Fed talk, and the continuing realities of Obamacare. Don't miss your chance to get a copy of Ryan McMaken's The Fight For Liberty: Past, Present, and Future during our year-end fundraising campaign. Donate before December 8th and have it doubled! Learn more here.
War Drums for Venezuela and the Financialization of College Football 04.12.2025
On this episode of Power and Market, Ryan, Connor, and Tho discuss military escalation with Venezuela, more troubling jobs data, and how college football offers an example of how financialization, politicalization, and bad economy theory can undermine great American traditions. Don't miss your chance to get a copy of Ryan McMaken's The Fight For Liberty: Past, Present, and Future during our year-e...
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