Audio Mises Wire

The covid restriction machinery is being ramped up in time for fall, despite the fact that covid poses little danger. Original Article: " The Unwelcome Return of Covid Restrictions and Lockdowns"

While the government promotes CBDCs as tools for "inclusion," it is more likely that they will be another vehicle for federal intrusion. Original Article: "CBDCs: The Ultimate Tool of Financial Intrusion"

Economic calculation is not an either-or proposition. Even in so-called market economies like that of the USA, there is plenty of government intervention that distorts market processes. Original Article: "Economic Calculation Is Nonbinary"

For the past fifty years, the US has not had a military draft. Unfortunately, the end of conscription did not mean US military interventions abroad ended. Original Article: " How Conscription Ended Fifty Years Ago"

The DOJ claims that it has "protected" consumers by standing in the way of a partnership between JetBlue and American Airlines. The only thing the DOJ protected was higher-cost flying. Original Article: "Flying into Foolishness: The DOJ "Saves" Consumers from Low-Cost Airlines"

The "2 percent" inflation target is purely arbitrary, and mainstream economists can't agree on the "right" level. It's all folly, and Austrian economics explains why.  Original Article: " What Is the Right Inflation Target for Central Banks?"

Too many economic commentators claim that monopolies are the cause of inflation. Austrian economic analysis shows that this is impossible. Original Article: "Do Monopolies Cause Inflation?"

Progressives have distinguished themselves in the past half century by being against progress. That trend is unlikely to change. Original Article: " Real Progress versus the Progressives"

In the Gulag, political prisoners were systematically terrorized by ordinary criminals with the encouragement of the authorities. It was hoped this would help the regime liquidate the state's ideological enemies.  Original Article: "How the Soviets Used Common Criminals to Destroy the Regime's Enemies"

In a free society, political crimes like treason and "seditious libel" are few and far between. Under despotic regimes, on the other hand, political crimes multiply.  Original Article: " Why Governments Love Political "Crimes" Like Treason and Sedition"

Leonard Read's famous "I, Pencil" explained the workings of the market in terms of the creation of a simple pencil. However, we should not forget that the reviled fossil fuels are involved at every turn. Original Article: " Not Even a Pencil Could Exist without Fossil Fuels"

The seventy-fifth-anniversary celebration of the British National Health Service masked the real failures of this system, one that only can become worse over time. Original Article: " The British NHS More Resembles a Statist Cult Than Advanced Healthcare"

Yellow Trucking Company has filed for bankruptcy and ceases to exist as a viable firm. Much of the blame is due to the Teamsters Union which has a long a violent history. Original Article: "Yellow Trucking Goes Bankrupt, Thanks in Part to Onerous Labor Laws"

The regime has increasingly been consumed with paranoia over threats to itself—propagandistically termed "threats to democracy"—while real crime against private citizens is clearly not a priority at all.  Original Article: " The State Protects Itself While Crime against Ordinary People Surges"

The Ukraine war brings death and destruction with no end in sight. Instead of encouraging more fighting, Western political leaders need to face reality and find a way to end this conflict. Original Article: "The Killing and Destruction Must Stop: It Is Time to End the Ukraine War"

Murray Rothbard wrote that egalitarianism was a war against nature. Statism has become a war against reality. Original Article: " Statism and the Unmaking of Reality"

The simplest action of economics—beneficially mutual voluntary exchange—is also its most profound. People serve each other while improving their own lot in life. Original Article: "The Simplicity and Significance of Mutual Economic Exchange"

Some are claiming that AI can make socialism workable, but even AI cannot take the place of entrepreneurial economic calculation. Original Article: " Socialism Cannot Work, Not Even in an AI-Driven Economy"

The activists went from "We want to be left alone to live our lives" to "we want to control your lives too." Now the movement has state power on its side and bullies all opponents.  Original Article: "2SLGBTQ+IA and the Law"

Mainstream economists are quick to claim that environmental problems are caused by "market failure" that can be "fixed" by government intervention. However, the intervention itself is the problem. Original Article: " Why Government Pollution Control Fails"

Federal prosecutors and other law enforcement agents are turning blockchain firms into government subsidiaries. The real goal is to criminalize what really are lawful, private exchanges. Original Article: "The Government Wants to Turn Blockchain Firms into Servants of the State"

Following the collapse of the USSR, many socialists pinned their hopes upon the development of a "market socialism" that would be economically efficient and create equality. Marxist philosopher G.A. Cohen wisely dissented. Original Article: " What Marxists Say about "Market Socialism""

The recent actions of the Federal Reserve are reminiscent of central bank activities in wartime. Original Article: "Has World War III Already Begun?"

Social democrats are so desperate to cast off limits on government that they'll embrace anything that justifies their ambitions. So they invent theories of money that are very, very wrong.   Original Article: "Progressives Have Corrupted Not Only Money, but Its History as Well"

Speculators are reviled in the media and by politicians and academics. Yet the speculators are the ones taking risks to ensure the rest of us can have more economic certainty. Original Article: "Hail the Speculators! They Take the Necessary Economic Risks in Our Economy"