Audio Mises Wire

One of the legacies of Keynesian thought is the belief that war is “good for the economy.” While war may help enable employment, nonetheless, its overall legacy is destructive, and even the jobs war “creates” are economically undesirable. Original article: https://mises.org/mises-wire/myth-wont-die-war-good-economy

However one may turn the matter, one cannot discover any reason why an ideological distortion of truth should be more useful to the bourgeoisie than a correct theory. Original article: https://mises.org/mises-daily/ideological-impregnation-thought

Despite the claims of the chartalists and modern monetary theory advocates, early American monetary history tells a much different story. In fact, much of the historical evidence illustrates Menger’s theory. Original article: https://mises.org/mises-wire/barter-media-exchange-and-colonial-america

Government corruption isn’t an anomaly. It is part of the system itself. We should expect government to be corrupt. Free markets are the antidote to this corruption. Original article: https://mises.org/mises-wire/corruption-system

The existence of the arsenal makes the State of Israel ineligible for US aid under US law. This is a problem for US supporters of military and economic aid to the State of Israel. Original article: https://mises.org/mises-wire/why-us-regime-pretends-israels-nuclear-weapons-dont-exist

The real founders of economic science actually wrote hundreds of years before Adam Smith. Original article: https://mises.org/mises-wire/true-founders-economics-school-salamanca

By opposing justice and throwing aside the facts of hard science, the Duke faculty and administration damaged all of higher education during the infamous lacrosse hoax. Original article: https://mises.org/mises-wire/duke-faculty-and-administration-damaged-intellectual-foundations-higher-education

The process of naturalization is a government-created "right" with no basis in property rights. In other words, there is no libertarian case for birthright citizenship. Original article: https://mises.org/mises-wire/there-no-property-rights-case-birthright-citizenship

For Rothbard — as for Locke — it is not the use of force that is disputable, but the use of force against peaceful and innocent people. Original article: https://mises.org/mises-wire/ethics-state-and-just-war-some-notes-rothbards-libertarianism

America’s industrial revolution didn’t just happen. It came about because of the free market initiatives that came from the Andrew Jackson presidency. Original article: https://mises.org/mises-wire/how-jacksonians-caused-americas-industrial-revolution

The TSA stories, especially at Atlanta, are illustrations of interventionist non-intervention: non-delivery of promised, paid-for, and monopolized service. Original article: https://mises.org/mises-wire/atlanta-tsa-and-test-case-interventionist-non-intervention

When accusations of rape and assault were made against Duke University’s lacrosse team in 2006, both the Durham City Police and District Attorney Michael Nifong engaged in law breaking to indict three young men that clearly were innocent. Original article: https://mises.org/mises-wire/durham-police-and-prosecutors-committed-numerous-crimes-duke-lacrosse-case-and-escaped-meaningful-punishment

The federal government heavily subsidizes certain politically-connected food growers in the name of “protecting our food supply.” Actually, the government protects the livelihood of those that promote unhealthy foods. Original article: https://mises.org/mises-wire/cheap-calories-expensive-consequences-how-federal-policy-contributes-chronic-disease

Mainstream finance regularly confuses finance, insurance and betting. The Austrian School provides the tools to understand their differences. Original article: https://mises.org/mises-wire/mistaken-identity-prediction-markets

Murray Rothbard’s system was built upon the natural rights of individuals, and tying liberty to property and ownership, not collectivism. Original article: https://mises.org/mises-wire/individualism-rothbards-natural-rights-libertarianism

Beyond the initial oil shock, the Iran war is also laying the foundation for ongoing monetary inflation and price inflation, with no real change to the US regime’s commitment to easy money. Original article: https://mises.org/mises-wire/iran-war-brings-more-inflation-and-new-strength-yuan

Combining binary and triangular interventions, the state coercively taxes citizens to pay for its services, monopolizes certain services, and then is incentivized to engage in paid non-delivery. Original article: https://mises.org/mises-wire/its-not-anarcho-tyranny-its-interventionist-non-intervention

Neo-Malthusian Paul Ehrlich recently passed away, but not before his false doomsday claims made his a very wealthy man. Original article: https://mises.org/mises-wire/remembering-paul-ehrlich-even-if-we-would-rather-not

Generations of scholars come and go; a few, including Roger Garrison, make their mark on the field and inspire future generations to do the same. Original article: https://mises.org/power-market/roger-garrison-and-sustainable-growth-austrian-school

As we continue to celebrate the centennial of the birth of Murray Rothbard, Wanjiru Njoya reminds us that he never compromised his principles and stood for liberty throughout his all-too-brief life. Original article: https://mises.org/mises-wire/rothbard-never-abandoned-his-principles

Milton Friedman and others tried to explain interest rates using liquidity, economic activity, and inflation expectations. These things, however, only describe interest but do not explain it. Only the Austrian theory of time preference correctly explains interest. Original article: https://mises.org/mises-wire/popular-interest-rate-theory-describes-fails-explain

Modern academic historians have been captured by the cultural Marxists, no matter how much they deny the obvious truth. Original article: https://mises.org/mises-wire/cultural-marxism-masquerading-true-history

As war drums beat again, this time against Iran, we ask ourselves if recklessness from Donald Trump and European and Israeli leaders is pushing us to catastrophe. Original article: https://mises.org/mises-wire/another-stone-age-making

The radical classical liberals of the past were not so naive as to think that words on paper would prevent the abuses of the central state. Allowing the central state to have a monopoly on coercive power is always a mistake. Original article: https://mises.org/mises-wire/only-power-can-check-power

The Duke Lacrosse Case would never have been a legal item had not the police and prosecutors of the case lied and broken the law on numerous occasions. Here is a small sampling of the lies they told. Original article: https://mises.org/mises-wire/duke-lacrosse-case-20-years-later-how-durham-law-enforcement-promoted-criminal-conspiracy