Audio Mises Wire

Politicians and hedge funds that push “Environmental, Social, and Governance” (ESG) scores and investing do so with the notion of improving social welfare. What they fail to realize is that these concerns are accounted for in human action already. Original article: ESG Undermines Social Welfare    

A few years ago, the leftist publication The Intercept claimed that inflation only hurts the “one percent,” but is “good” for everyone else. The truth is much different, as the Fed’s inflationary policies have benefited the politically-connected crony class. Original article: Why the Crony Class Loves Artificially-Low Interest Rates—And Why You Shouldn’t  

The flurry of post-Watergate “reforms” supposedly were passed to counteract government abuse of citizens. Not surprisingly, the FISA program, which was aimed at reducing internal government spying became the means of massive growth of the surveillance state. Original article: FISA: How a Watergate-Era “Reform” Turned into a Mechanism of Massive State Surveillance  

Modern mainstream economics bases its theories on utilitarianism. Murray Rothbard, on the other hand, saw economic law as based in natural law. Furthermore, he rejected the legal positivism of our age, again deferring to the law of nature. Original article: Natural Law and Rothbardian Liberty  

Even though homeschooling is growing in this country and the educational results are overwhelmingly positive, US progressive journalists naturally believe homeschooling is dangerous and in need of “oversight.” Original article: What the Media Says about Homeschooling  

It has been nearly 80 years since US aircraft dropped two atomic bombs on Japanese cities, but today, nations stockpiled with nuclear weapons engage in reckless foreign policies. It is time to recognize the danger irresponsible western governments pose to everyone else. Original article: Diplomacy, Distrust, and Nuclear War  

Keynesians believe that if there is a bout of inflation, central banks can slowly guide the economy to a “soft landing” which minimizes unemployment and income losses. Such policies, however, only lead to further boom-and-bust scenarios. Original article: The Fable of the Economic “Soft Landing”  

While we experience the predictable economic consequences of bad economic policies, the two main presidential candidates seem to be competing in an unspoken contest to demonstrate profound economic illiteracy. Unfortunately, whoever wins in this contest, we lose. Original article: Presidential Election or Economic Illiteracy Contest?  

Harris promises to reduce prices by printing more money, reducing competition, and attacking businesses. Welcome to the US version of Argentina's “Peronism.” Original article: American Peronism: Kamala’s Plan to Ruin America’s Economy

While Bitcoin and other cryptocurrencies can boggle the mind with their complex relationships, nonetheless, we are witnessing the development of a parallel economy that has sprung up in the wake of harmful government intervention. Original article: Review: Bitcoin: The Inverse of Clown World

A recurring myth among progressives is that the state can enforce "fairness." However, given that government cannot even effectively define fairness, one doubts that the state can "enforce" what it doesn't know. Original article: Why State Enforcement of “Fairness” is Wrong    

Politicians say "greedflation," and profits are what fuels rising prices, but the real culprit is fiat money creation fueled by the central bank.  Original article: The Fed’s Fiat Money Is the Real Cause of Price Inflation    

David Gordon reviews J.W. Rich's new book, Praxeological Ethics: An Inquiry into the Nature and Foundation of Ethics and finds much to like about this volume. Original article: Is There a Praxeological Ethics?    

With the US government engaged in out-of-control spending, we are looking at tax increases in the coming years. And even if Congress does not pass official tax hikes, we will see the government seizing wealth via inflation. Original article: Be Prepared to Hear More about Taxes, Taxes, Taxes    

While Donald Trump is trying to appeal to homeschooling families with his Agenda 47 plan, the reality is that by offering tax breaks and subsidies, the federal government ultimately will be able to regulate homeschooling, and federal control will ruin homeschooling as we know it. Original article: The Problem with Trump’s Agenda 47 for Homeschoolers    

The Nigerian government has passed a new minimum wage law, and the usual suspects are happy because the country "is getting a raise." Economic reality, however, will set in soon enough as people find that government edicts do not create wealth. Original article: The New Minimum Wage Increase in Nigeria is a Pyrrhic Victory for Organized Labor    

Taxing "the rich" won't make life more affordable for ordinary people. The true cause of the affordability crisis is inflation caused by central banks.  Original article: Tax the Rich? Not a Good Idea    

By appealing to tariffs and other forms of economic regulation, Republicans have tossed aside any commitment to free market economics. Unfortunately, their program will lead to more economic stagnation, inflation, and runaway government spending. Original article: Republicans Declare War on the American Economy  

As the Federal Reserve manipulates the money supply and interest rates, the yield curve becomes a less reliable indicator of economic activity. The more the Fed plays havoc with the system, the more we see the boom-and-bust syndrome. Original article: The Fed Is Warping the Shape of the Yield Curve    

Contrary to popular belief, China's economy depends much less on central planning than in the past. China is strong in EV development, and the success is due not to government subsidies and direction but to plain good economics. Original article: China’s competitiveness is driven by low taxation, not by industrial policy    

While Kamala Harris accuses Republicans of censoring books and library materials, her press secretary, Brian Fallon, tried to censor opinion articles critical of Eric Holder and the Department of Justice during the Obama years. Original article: Kamala’s press chief tried to censor me    

While many people currently are likely to view the rule of law as simply a collection of arbitrary rules, it involves private property rights and limits on state power. Original article: The rule of law and property rights    

The U.S. government is spending trillions of dollars to prop up military ventures around the world. This kind of spending and exhausting of military resources cannot be sustained much longer. Original article: The U.S. military machine is unsustainable    

While F.A. Hayek was a promoter of liberty, his work nonetheless often failed to acknowledge just how predatory the state really is. Murray Rothbard understood that the real enemy is the predatory state. Original article: Hayekian liberty and the predatory state    

One of the excuses for levying protective tariffs is to protect emerging domestic industries. However, this kind of protectionism, contrary to popular opinion, leaves an economy worse off every time. Original article: Protecting infant industries doesn’t help the economy