Audio Mises Wire

The Biden administration is determined to do an end run around the courts and ram through yet another student loan forgiveness plan. It is not real “loan forgiveness” but just a massive wealth transfer from lower-income to higher-income groups. Original Article: Biden’s Student Loan Gift SAVE Is Simply a Wealth Transfer  

For all of his freedom-loving rhetoric, it is clear that Woodrow Wilson was one of the most antifreedom presidents in U.S. history. Original Article: Woodrow Wilson and Freedom  

Progressives promote civil rights viewpoints as being “good for the whole” of society. Yet most of the modern civil rights movements and accompanying legislation simply promote the "good" of one group at the expense of others. Original Article: Group interests and the ‘good of the whole’  

Last week, Julian Assange was freed and the Chevron doctrine was overturned. These are huge wins for liberty. Not long ago, they felt completely out of reach. Original Article: Julian Assange, the Chevron Doctrine, and the Case against Pessimism

For all of the claims that governments “create jobs,” in reality, government jobs come at a greater cost than any value those jobs may create. Government jobs are a burden to the economy. Original Article: The State Does Not Create Value-Enhancing Jobs

It has been nearly eighty years since the US used atomic warfare on Japan as a way to end World War II. The legacy of that event is not one of peace but of outright madness. Original Article: From Milk Runs to MAD to Madness

As the progressive Left expands its occupation of our institutions, the concept of truth itself becomes little more than a weapon to utilize to achieve political goals. Original Article: Varying Interpretations of Truth, or Truth as a Social Construct

While F.A. Hayek saw human ignorance as the basis for what he called spontaneous order, Ludwig von Mises saw human reason as the basis for praxeology. Original Article: Human Ignorance Is an Unstable Basis for Liberty and Praxeology

Many small colleges are shutting their doors, and it is largely the fault of overexpansion, government protectionism, and bureaucratic infiltration. Original Article: Bureaucracy: The Death Knell of Higher Education

Academic elites claim that there is no objective truth, only social constructs. Thus, people can create their own reality in many areas, and everyone else is expected to accept whatever “reality” is presented—or face serious consequences. Original Article: Reality Is NOT a Social Construct  

Javier Milei’s recent “snub” of Spain's political establishment during a recent visit there may have been a “violation” of diplomatic protocol, but it also was a statement that Spain’s socialism itself is uncivilized. Original Article: Milei Snubs the Spanish Political Establishment  

For all of the media ballyhoo about the CHIPS Act, it really is a page out of the old five-year plans from the Soviet Union. The CHIPS Act will have the same success as befell the Soviets. Original Article: Chop the Federal CHIPS Act  

A common complaint is that the 1964 Civil Rights Act started in the “right direction,” valuing so-called equality of opportunity, but then went off the rails with “equality of result.” In truth, the act cannot be reconciled with a libertarian society. Original Article: The “Equality of Opportunity” Fallacy  

The current explosion in rental and home prices is the direct result of government intervention aimed at making it easier to buy a house. Mises wrote that government intervention into the market tends to make things worse. He was right. Original Article: It All Began When the Government Tried to Make Housing More Affordable  

Environmentalists insist on banning fossil fuels and refrigerant gasses in order to end heat waves. That means people will face future heat waves (which will always be with us) without air conditioning, bringing even more heat-related deaths. Original Article: Banning Fossil Fuels Will Make Heat Waves More Dangerous, Not Less

What began as supposedly a free trade union has been turning into an authoritarian, interventionist nightmare. A recent speech by a top European Union commissioner shows the sad direction the EU is heading. Original Article: Draghi’s Globalist EU Speech Urges Concentration of Power

Contrary to Milton Friedman’s thesis that the decline in the money supply caused the Great Depression, the real reason was the collapse of real savings, which was due to loose monetary policies by the Federal Reserve. Original Article: The Collapse of Real Savings Caused the Great Depression

Even as the Federal Reserve continues to manipulate interest rates to “fight” the results of the business cycle, Austrian economics teaches that business cycles occur because of the manipulation. They never learn. Original Article: The Impact of Interest Rates on Economic Growth: An Austrian Perspective

While President Biden’s inflationary economy continues to falter, the president proposes to outlaw bank overdraft fees, ostensibly to help lower-income Americans. Bank fees, however, are not the biggest threat consumers face; inflation and intervention are the real threats. Original Article: Biden’s Blarney on Bank Fees

Stephanie Kelton, the most visible promoter of MMT, is being derelict in her academic duties by not replying to Per Bylund’s critique of her theories in the Quarterly Journal of Austrian Economics. Original Article: Is Stephanie Kelton Failing Her Academic Responsibility?  

Caitlin Clark, with her array of basketball skills, has filled arenas in her inaugural WNBA season. However, the idea of merit clashes with the leftist, egalitarian mindset that dominates in the league, and the early reaction to her success has been discouraging. Original Article: Caitlin Clark, Bullying and the Business of Basketball      

The expansion of "civil rights" places emphasis upon "positive rights" that apply to specific groups with political privilege. This is a far cry from the concept of rights that helped build a free society in the United States. Original Article: Phony Civil Rights   

The US and Iran have been mortal enemies since 1979. It is clear that the belligerent approach to dealing with Iran has failed. We need to engage policies that promote peace, not warfare. Original Article: The 45-Year-Old Cold War with Iran Is a Failure. It’s Time for a New Approach  

Lysander Spooner was one of this country’s most important libertarians. His views on economics, while flawed, are free market in principle and have some insights Austrians can appreciate. Original Article: Lysander Spooner’s Flawed War on Poverty  

The tainted blood scandal in the UK should be a warning to people about the dangers of the National Health Service. Instead, we hear endless promises of reform that never will happen. Original Article: The UK Blood Scandal Exposes British Elites