Audio Mises Wire

The US fiat monetary regime not only has given us inflation and boom-and-bust cycles, but it also is the main contributor to the out-of-control government spending and debt accumulation. Original article: https://mises.org/mises-wire/causes-uncontrollable-us-public-spending-and-debt

The standard line among most economists is that deflation is as bad or even worse than inflation. In reality, the economy needs deflation now more than ever. Original article: https://mises.org/mises-wire/deflation-bad-economy

Last week’s CPI report, and this week’s PPI report both showed price inflation surging to multi-year highs, and not just on oil prices. Original article: https://mises.org/mises-wire/price-inflation-accelerates-wars-and-deficits-expand

What might be the process of a society moving from being unfree to being free? Here is one scenario. Original article: https://mises.org/mises-wire/when-society-chooses-freedom-unfree-world

Murray Rothbard is one of the all-time greats in Austrian economics and libertarianism. When studying his achievements, we immediately see that Rothbard is a giant whose shoulders free-market scholars should aspire to stand on. Original article: https://mises.org/misesian/why-rothbard-relevant-ever

While Republicans have promised robust economic growth to accompany their tax cuts, reality has been different. That is because Republicans increased government spending at the same time, dragging down the economy. Original article: https://mises.org/mises-wire/gop-fiscal-follies

With some simple logic and using Hobbes’s own presuppositions and arguments, we can internally critique Hobbes’s argument for the state, namely, that the state solves none of the problems he presents. Original article: https://mises.org/mises-wire/hobbess-self-defeating-theory

In the year since Donald Trump’s “liberation day” in April 2024 fewer Americans are now working, and inflation-adjusted hourly earnings are still below where they were in 2021.Original article: https://mises.org/mises-wire/job-market-has-only-gotten-worse-trumps-liberation-day

In 1871, the “discovery” of marginal economic analysis soon took a wrong turn, moving towards quantification, data, and mathematics. It is time to “rediscover” the margin, this time the margin as explained by Carl Menger. Original article: https://mises.org/mises-wire/todays-ais-show-marginal-revolutions-unfinished-business

As the economy faulters, socialists are getting elected, promising free goods and services and an end to the chaos. Even when they make things worse, however, they will still gain political power. Original article: https://mises.org/mises-wire/socialists-are-reaping-bountiful-political-harvest-while-they-create-havoc

Governments take valuable things like paper and minerals, stamp something on them, and call them money, in the process rendering these things almost worthless. Something is wrong with this picture. Original article: https://mises.org/mises-wire/cost-money-coinage-fiat-power-and-quiet-corruption-value

In this article from 1950, Murray Rothbard suggests some of the less bad ways of financing military operations. Hint: monetary inflation and taxing savings and investment are among the worst. Original article: https://mises.org/articles-interest/economics-war

Karl Marx not only misunderstood value and production, but he also was wrong about large-scale and small-scale property owners. Original article: https://mises.org/mises-wire/marx-was-wrong-about-necessary-ruin-small-landed-property

Who would join a radical minority movement, and commit him- or herself for life to social obloquy and a marginal existence, for the sake of 20% more bathtubs, or 15% more candy bars? Who will man the barricades either physically or spiritually, for more peanuts or Pepsi? Original article: https://mises.org/articles-interest/duty-natural-outlaws-shut

The recent death of Paul Ehrlich reminds us that his crackpot overpopulation theories still are with us, even as they are being regularly discredited. Original article: https://mises.org/mises-wire/depopulation-wont-save-us-or-planet

To complain against the state’s actions, argues Hobbes, is to ultimately complain against yourself because you originally authorized the state through social contract and the state represents you! Original article: https://mises.org/mises-wire/hobbess-state-why-are-you-hitting-yourself

Entrepreneurship is a voluntary undertaking that causes change by providing value. No force, no threats, and no coercion are involved. It is market action fully in line with our libertarian ideals. And it provides alternatives, and produces variety. Original article: https://mises.org/misesian/how-change-world-entrepreneurship-versus-politics 2026 is the Year of Rothbard—Murray’s 100th birthday—an...

California has been seen as the nation’s “Promised Land” for many years, but in the past 25 years, people have left due to high housing costs and high taxes. The state’s future is about to become a lot worse, as socialists are rising in power here. Original article: https://mises.org/mises-wire/where-california-went-wrong 2026 is the Year of Rothbard—Murray’s 100th birthday—and we’re celebrating b...

Of course the president, like everyone, frequently protests his desire for peace. Everyone does this. And I think we may assume he is quite sincere about it. Original article: https://mises.org/mises-daily/president-goes-war 2026 is the Year of Rothbard—Murray’s 100th birthday—and we’re celebrating by giving away free copies of Anatomy of the State through May 31. Grab yours today at https://mises...

If executed perfectly, this swap allows the Fed to neutralize a shrinking money supply by swapping $2 trillion in mortgages for $2 trillion in government debt. Original article: https://mises.org/power-market/mbs-slope-n-swap

Francis Fukuyama wrote The End of History more than 30 years ago, believing that the fall of the communist bloc would lead to a more peaceful world. We are still waiting for that moment of peace. Original article: https://mises.org/mises-wire/fukuyama-was-wrong-history-did-not-end

The populist “victory” of the Trump administration is perhaps the best evidence yet that a strategy of “vote harder” is simply not going to lead to any significant change in the power of the regime. Original article: https://mises.org/mises-wire/vote-harder-why-secession-only-answer-american-megastate 2026 is the Year of Rothbard—Murray's 100th birthday—and we're celebrating by giving away free co...

Philosopher Matt Zwolinski has declared libertarianism to lack any coherent standards. Zwolinski’s confusion is the result of his rejection of libertarianism as outlined by Murray Rothbard and others based upon free markets based on individual rights. Original article: https://mises.org/mises-wire/libertarianism-incoherent

The government created a market for stolen goods, paid criminals cash for five months, watched robberies spike, arrested everyone at a mafia-themed party, then called it a success because arrests went up. The robberies they subsidized didn't count. Original article: https://mises.org/power-market/when-federal-government-subsidized-robberies

The recent DOJ indictment of the Southern Poverty Law Center might be controversial, but what is not controversial is that the SPLC engaged in conduct that was more reminiscent of the Ministry of Love in 1984 than protecting someone’s civil rights. Original article: https://mises.org/mises-wire/justice-department-indicts-ministry-love