Audio Mises Wire

According to Rothbard’s first law of incidence, “no tax can be shifted forward.” That is, the person or company paying the tax cannot make the buyer pay the tax. Original article: https://mises.org/mises-wire/who-pays-hormuz-toll

In dealing with the question of why the United States, a country founded on liberty, turned into a militaristic behemoth, Ralph Raico looked to the work of historian Arthur Ekirch for answers. Original article: https://mises.org/mises-wire/raico-ekirch-and-tragedy-american-militarism

Ludwig von Mises Mises argues in Nation, State, and Economy that nationalism is compatible with economic and political liberty if it is peaceful, based on self-determination as an individual right. Original article: https://mises.org/mises-wire/peaceful-nationalism-foundation-economic-liberalism

Economics has its own four-letter words. Although they are not obscene, socialists and statists would find them so. Original article: https://mises.org/mises-wire/four-letter-economic-words

Those who invoke Jesus for socialism face a tension: if the power to end suffering creates a moral obligation, then the Jesus who healed many but not all appears, by that standard, either unwilling or unable. Original article: https://mises.org/mises-wire/jesus-and-christian-socialists-problem-evil

As the socialistic Canadian medical system runs aground, the government actively promotes physician-assisted suicide as a way to save the system and promoting “die with dignity” at the same time. Original article: https://mises.org/mises-wire/assisted-suicide-logical-outcome-government-controlled-medical-care

The Trump administration continues its bellicose war against Iran, destroying opportunities for prosperity through meaningful commerce along the way. Original article: https://mises.org/mises-wire/war-and-trade-restrictions-fallacious-paths-national-security-and-prosperity

While Tax Freedom Day is mid-April, Rothbard’s measure of the government's fiscal burden reveals that Americans don’t truly start working for themselves until June 5, over seven weeks later. Original article: https://mises.org/power-market/tax-freedom-day-underestimates-how-long-you-work-government

It took centuries to end the idea that taxes kept the privileged class in comfort and financed their wars. But now we're told taxes = civilization. Original article: https://mises.org/mises-daily/taxation-robbery

There is no shortfall of liquidity in financial markets. In fact, there is so much that inflation has become a way of life for market participants. This is not a good thing. Original article: https://mises.org/mises-wire/artificial-liquidity-brings-inflation-shocks

In this time of war and uncertainty, we should expect to see the prices of precious metals rise and fall and the only certainty will be uncertainty. Original article: https://mises.org/mises-wire/precious-metals-work

All too often, judges allow sentiment to override the Constitution. While they might refer to a “living Constitution,” what they really mean is that they don’t permit the law to get in the way of their worldviews. Original article: https://mises.org/mises-wire/danger-allowing-good-intentions-override-constitution

Mises described the problem, Hayek proposed the direction, Kirzner explains why the market will not stop. And the market, as so many times before, has already found the first step. Original article: https://mises.org/mises-wire/ex-nihilo-no-more

John Williamson, who passed away five years ago, is known for creating what was called the “Washington Consensus,” which was an attempt to bring a liberal economic order to poor countries looking to transition from socialism to capitalism. Original article: https://mises.org/mises-wire/memory-creator-washington-consensus

As the Marxians do not admit that differences of opinion can be settled by discussion and persuasion or decided by majority vote, no solution is open but civil war. Original article: https://mises.org/mises-daily/marxism-vs-majority

Late last year, German lawmakers passed new legislation paving the way for military conscription. Original article: https://mises.org/power-market/germany-restricts-emigration-prevent-young-men-escaping-military-draft

People readily line up on one side or another of great economic debates. How do they choose which side to take? Original article: https://mises.org/power-market/why-i-side-ludwig-von-mises

President Trump’s current war with Iran not only is creating economic havoc around the world, but it is also bleeding US taxpayers. There are no good outcomes here. Original article: https://mises.org/mises-wire/state-wars-bleed-nation-death

In studying history, it is key to avoid definitional anachronism—failing to note how a word has changed over time and assuming the present meaning was the same in the past. This is often the case with the word currency as used in colonial America. Original article: https://mises.org/mises-wire/note-currency-colonial-america

The New York Times claims that the "administrative state"—that is, governance by unelected bureaucrats—protects our country and enhances democracy. Original article: https://mises.org/mises-wire/turns-out-elites-administrative-state-better-democracy

The US finds itself once again in an undeclared overseas war. Republicans in Congress, however, are unwilling to hold Trump to the Constitution. Original article: https://mises.org/mises-wire/donald-trump-another-bismarck

The old saw that when one has a hammer, everything else is a nail certainly applies to a new book by Oliver Bullough on so-called money laundering. Joakim Book sets the readers straight. Original article: https://mises.org/mises-wire/money-laundering-and-oliver-bulloughs-new-pearl-clutching-book

Over the centuries, many academic institutions and publications have played their role in the good work of defending freedom. The Mises Institute does this today. Original article: https://mises.org/mises-wire/rothbard-mises-institute-and-battle-ideas

Before J. M. Keynes and Stephanie Kelton, there was John Law. The promise of free money never seems to die. Original article: https://mises.org/mises-wire/irresistible-promise-john-law

What happens when a corporation resists a government edict because company leaders believe the policy to be morally wrong? The ordeal of Anthropic is a current case in point. Original article: https://mises.org/mises-wire/when-corporations-resist-state-ethics-ai-and-limits-government-power