Audio Mises Wire

From an Austrian perspective, the Panic of 1893 provides key lessons, but this consequential panic has not received as much direct attention as it deserves. Original article: https://mises.org/mises-wire/panic-1893-austrian-view

Demands for Americans to pay reparations to descendants of chattel slavery in America have been growing. The case for reparations, however, has always been weak and illogical. Original article: https://mises.org/mises-wire/illogic-reparations-historical-standards-selective-memory-and-logic-victory

A wearisome part of modern life is the incessant chants of “doomsday” from intellectual, academic, political, and media elites. That their six decades of predictions all have been wrong only leads them to double down on the volume of their claims. Original article: https://mises.org/mises-wire/new-year-we-will-hear-even-more-environmental-doom-because-doomsday-industry-never-rests

In the wake of WWI, Pope Pius XI reminded his readers that governments instituted by men can never be perfect, and they cannot even be good if they neglect natural law. Original article: https://mises.org/mises-wire/rise-state-and-fall-natural-law

As government continues to engage in reckless actions from inflation to starting wars, people develop shorter time horizons, creating social vacuums. Increased gambling and other irresponsible behaviors then fill the void. Original article: https://mises.org/mises-wire/kalshi-culture-how-gambling-speculation-and-degeneracy-went-mainstream

In theory, the Constitution should safeguard individual liberty by giving citizens a bulwark against state tyranny. However, the Constitution actually advanced federal government power or failed to ultimately prevent it. Original article: https://mises.org/mises-wire/constitution-weak-reed

Socialists and progressives demand that the US adopt a “single payer” healthcare system in which the government provides “free” healthcare. However, “free” healthcare is not free at all, as medical care consists of scarce goods which always come as a cost to someone. Original article: https://mises.org/mises-wire/free-health-care-will-not-fix-americas-medical-crisis

President Trump recently accused the New York Times of treason because the paper printed something he didn’t like. Unfortunately, Trump is not the only person to designate the crime of treason to actions that are not even criminal. Original article: https://mises.org/mises-wire/trump-treason-and-new-york-times

The Continentals and other paper monies only temporarily retained some value largely because of an initial promise of future redemption in gold and silver—a monetary “bait-and-switch.”Original article: https://mises.org/mises-wire/continental-bait-and-switch

The Maidan Massacre of February 2014 supposedly involved Ukrainian government troops tied to President Viktor Yanukovych, a Russian ally, leading to his overthrow. But what if it was a false flag operation done to make people blame the government? Original article: https://mises.org/mises-wire/revisiting-maidan-massacre

Camillo Tarello was one of the fathers of modern agriculture. Fighting the headwinds of state disapproval for his innovative farming methods, he made many agricultural discoveries, benefitting not only his fellow Italians, but future farmers around the world. Original article: https://mises.org/mises-wire/camillo-tarello-forgotten-farmer-who-outsmarted-state

Historically, it has been very poor manners in Washington to admit that keeping home prices high is a deliberate policy. High prices are not the "unintended consequence" of good intentions. Original article: https://mises.org/mises-wire/why-are-houses-so-expensive-its-deliberate-government-policy

Shortly after hearing about the birth of Jesus, Herod the king tried to have the child murdered. Indeed, Herod's oppressive rule and the predations of the Roman state play a huge role in the Christmas story. Original article: https://mises.org/mises-wire/reclaiming-antistate-roots-christmas

All children eventually learn that the presents under the Christmas tree come from family and friends, who must pay for them with their own money, and not from Santa Claus. Original article: https://mises.org/power-market/more-largesse-santa-claus-trump

Scrooge was never mistreated by his nephew, by Cratchit, or by those seeking charitable donations. Scrooge was always free to refuse them all. Original article: https://mises.org/mises-wire/was-scrooge-victim-christmas-carol

Father Frost (the Soviet Santa Claus) asks: "To whom do we owe all the good things in our socialist society?,” to which, it is said, the children chorus the reply, "Stalin."Original article: https://mises.org/power-market/how-soviets-replaced-christmas-socialist-winter-holiday

With employment fundamentals so weak, the real way to increase home sales is to cut prices further. That, of course, is not what sellers want to hear. Original article: https://mises.org/power-market/home-prices-and-sales-fall-can-sellers-count-lower-interest-rates

Instead of market competition, inflation forces young and old into rivalrous competition for housing. Original article: https://mises.org/mises-wire/inflation-and-intergenerational-housing-rivalry

If employment reports continue to show growing economic stagnation, calls for more monetary inflation and government spending will only grow. Original article: https://mises.org/mises-wire/novembers-weak-jobs-report-pushes-fed-toward-more-monetary-stimulus

The US economy is hooked on easy money and artificially low interest rates. Huge credit expansions are not “stimulating” the economy; they are destroying it. Original article: https://mises.org/mises-wire/next-economic-downturn-will-be-here-soon-enough

In criticizing the progressive notion of equity, or equality of results, critics of such views embrace an order of “meritocracy.” F.A. Hayek, however, understood that in a free society, inequality is inevitable, and it is something we must accept. Original article: https://mises.org/mises-wire/why-hayek-rejected-merit-based-equality

President Trump and Hegseth are cashing a blank check for carnage that was written years earlier by President Barack Obama. Original article: https://mises.org/power-market/obamas-powerpoint-death-parade-led-trumps-venezuelan-killings

The drive to religious freedom in America was carried out overwhelmingly in the state legislatures—and the federal First Amendment had almost nothing to do with it. Original article: https://mises.org/mises-wire/how-religious-freedom-america-was-founded-privatization-and-decentralization

While Modern Portfolio Theory (MPT) is popular in academic economics and finance, it fails to properly explain profits, mistakenly confusing entrepreneurial profit seeking with risk management. Original article: https://mises.org/mises-wire/risk-uncertainty-profits-and-modern-portfolio-theory

For more than 40 years, the Farmland Protection Policy Act has socialized US farmlands and transferred wealth to politically-connected people. What it hasn’t done is protect farmland. Original article: https://mises.org/mises-wire/farmland-protection-policy-act-crisis-politics-and-quiet-socialization-land