Audio Mises Wire

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  

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   

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   

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   

While many are celebrating the Chevron decision that limits the power of federal bureaucracies to interpret federal law, it also may provide an opportunity to change federal policies regarding land ownership in the West. Original article: The Chevron decision may also apply to federal land policies in the West   

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   

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   

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   

The current trend in money-supply growth is a big turnaround from the many months of depression-level contractions we saw in 2022 and 2023.Original article: Money-Supply Growth Accelerates as Wall Street Demands Even More Easy Money

By appealing to the self-interest of buyers and sellers, capitalism foils attempts by lawmakers to create racially constructed limits on voluntary exchange. Capitalism undermines racism. Original Article: How capitalism defeats racism  

With the European economy remaining relatively stagnant and government debt levels climbing to disturbing levels, it's possible that some of these countries will see another debt crisis like we saw in Greece more than a decade ago. Original Article: Is the European Union headed for another debt crisis?  

Libertarians have no problem dealing with how private property should be policed, but what about those areas we call public spaces? Murray Rothbard, not surprisingly, examined the issue thoroughly and had some insightful ideas. Original Article: How should government police the public domain?  

Rachel Maddow, the leftwing broadcaster, tries her hand at rewriting history. Unfortunately, her tendency to see a fascist hiding behind every bush and tree clouds her writing judgment. Original Article: Rachel Maddow’s hunt for imaginary fascists  

Following the release of today’s jobs report, it seems serious cracks are now appearing in the media's narrative on our "strong" economy. Original Article: Bidenomics: New employment numbers say recession is here  

The United States abolished its first three central banks, and this was followed by a period of immense economic growth. End the Fed? We did it before and can do it again. Original Article: The American tradition of abolishing central banks  

With its focus on dismantling the administrative state, Project 2025 represents a refreshingly serious turn for the American right. However, its policy prescriptions remain frustratingly moderate. Original Article: Project 2025: The good, the bad, and the frustrating  

When municipalities embrace new technologies, people often refer to them as “smart cities.” However, all too often these technological “revenue enhancers” are nothing more than shakedowns of local citizens. Original Article: A ‘smart city’ is a city plagued by high taxes and central planning  

Social justice is a nonsensical term that interferes with the attempts to find authentic justice. It is not about equality so much as it is about imposing outcomes incompatible with a free society. Original Article: Time to reject ‘social justice’ and replace it with real justice  

What we may call the “spending illusion” is perhaps the gravest error in the history of economic thought and has been deeply embedded in economics since the early twentieth century. Original Article: Have we been living in an MMT world since 2008?  

In the wake of the Labor Party's huge win in Great Britain, one is reminded that Labor and Conservatives are far more united in their economic and policy viewpoints than they pretend to be. Original Article: United in economic stagnation and false fears  

Kamala Harris is more than a continuation of the Obama-Biden progressive interventionism at home and abroad. She's an acceleration. Original Article: Kamala Harris is awful  

For all the regime's talk about "democracy," it is clear at this point that the White House is run by unelected personnel who are accountable only to technocratic elites. Original Article: Unelected technocrats are now the nation’s chief executives  

While defenders of democracy claim to hold fealty to the U.S. Constitution, they are quick to jettison it when they claim that democracy itself is in peril. David Gordon disagrees. Original Article: No exceptions, please!