Audio Mises Wire

In this week's Friday Philosophy, Dr. David Gordon takes on Alex Honneth's The Working Sovereign. While Dr. Gordon acknowledges that the author gives an "Honneth" effort, his logic and grasp of the world of work fall way short of being convincing. Original article: https://mises.org/friday-philosophy/honneth-effort

Even when MMT advocates are correct that colonial governments at times burned money after receiving it for tax revenues, they still manage to get both the history and the causes wrong.  Original article: https://mises.org/mises-wire/mmters-love-when-governments-burn-money

Dr. DiLorenzo has some words for Secretary Bessent about the true role of the Fed and its record in this open letter. Original article: https://mises.org/mises-wire/open-letter-treasury-secretary-bessent

The news that Starbucks is closing sixteen stores due to customer safety concerns exposes the lack of police protection in cities and the problems with allowing noncustomers to remain in stores. Original article: https://mises.org/mises-wire/private-property-and-customer-safety-starbucks-learns-hard-lesson

At the recent WNBA All-Star game, players wore T-shirts with the message, “Pay us what you owe us.” If one uses the discounted marginal revenue product as a guide, the answer to their demand would be “zero.” Original article: https://mises.org/mises-wire/do-wnba-players-really-want-be-paid-what-they-are-owed

When the covid madness was imposed upon the world five years ago, the lockdown advocates claimed they were just “doing science.” In reality, they were ignoring science, lying, and just “doing totalitarian politics.” Original article: https://mises.org/mises-wire/virus-was-born-orphan-origin-sars-cov-2-and-silence-institutions

In the wake of the US bombing of Iran, media outlets are warning about Iran retaliating with cyber attacks on the West. As the public fear of attacks increases, government moves into the void to find new ways to restrict our liberties. Original article: https://mises.org/mises-wire/will-iran-cyber-attack-panic-usher-new-patriot-act

The Democrats are performing an autopsy of their 2024 electoral failures, but without mentioning Biden, the Harris campaign, their alienation of certain demographics, or their polarizing positions. Original article: https://mises.org/mises-wire/democrats-are-making-costly-unserious-attempt-find-out-why-they-lost

The answer lies not in doubling down on political unity, maintained through endless violence or threats of violence. Rather, the answer lies in peaceful separation. Original article: https://mises.org/mises-wire/secession-inevitable-war-prevent-it-optional

Just as no one in the world could possibly make something as simple as a pencil all by himself, as the great Leonard Read explained in his famous essay, I, Pencil, so it is with Mises University. Original article: https://mises.org/power-market/i-mises-university

Is Austrian Economics compatible with modern sociology, which is presently dominated by collectivists? However, it is possible to apply praxeology to sociology analysis, and that is where one begins to approach this discipline in a manner that promotes liberty. Original article: https://mises.org/mises-wire/rethinking-sociology-mises-new-austro-libertarian-framework-understanding-society

The biography of Hans F. Sennholz reads like a paradoxical novel—as if the protagonist had journeyed backward through the twentieth century. Original article: https://mises.org/power-market/silent-guardian-liberty-hans-f-sennholz-and-seed-mises-america

What do we mean by “states‘ rights”? Mises scholar, Wanjiru Njoya, takes us through the discussion to show us how different people have tried to define and explain that term. Original article: https://mises.org/mises-wire/understanding-doctrine-states-rights

Austrian economics veers sharply from the economic mainstream over the use of mathematics and quantitative measures. Instead, Austrians build upon irrefutable premises based upon human action. Original article: https://mises.org/mises-wire/questionable-role-quantitative-methods-economics

Some in Congress are floating the idea of selling government land -- especially in the West -- as a way to pay down federal debt and free more land for housing. While this might seem like a free market "solution," we should remember that the government is a rapacious monopoly. Original article: https://mises.org/mises-wire/selling-public-lands

Why did North and South go to war with each other in 1861? The standard narrative is that slavery caused the war while more thoughtful people realize that the causes are much more complex than the simple "slavery existed" narrative. Original article: https://mises.org/mises-wire/understanding-causes-lincolns-war

While it is tempting to see the economic success of Singapore and Hong Kong as similar, there really are stark differences between them. Hong Kong has developed through laissiez-faire and entrepreneurship while Singapore is much more state directed. Original article: https://mises.org/mises-wire/economic-success-singapore-and-hong-kong

Socialists despise individual liberty because they believe that allowing humans to make free choices supposedly leads to selfish and anti-social behavior. However, by denying individual choice, socialists are denying human action itself. Original article: https://mises.org/mises-wire/axiom-action-and-inescapability-liberty

Jesús Huerta de Soto has published a series of lectures on Austrian Economics, and Dr. David Gordon in Friday Philosophy reviews his Lectures in Austrian Economics, Volume 1. Dr. Gordon is especially interested in how de Soto deals with time. Original article: https://mises.org/friday-philosophy/invasion-spatializers

This article is dedicated to some of the quotes, especially from key participants and primary sources, about inflation and its consequences during the American Revolution. As usual, war led to inflation, which in turn facilitated war, and both contributed to centralization. Original article: https://mises.org/mises-wire/their-own-words-revolutionary-voices-inflation

Mises University begins Sunday, July 20, and given that misinformation abounds about the economy, it is good to have a forum where students can learn economic truths and stretch their minds. Original article: https://mises.org/mises-wire/why-mises-university-matters

Despite assurances from Amtrak's administrators that profitability is just around the corner, Amtrak remains a huge money loser. However, even given the long distances of some of the routes, Amtrak could still be profitable if its leadership is willing to make changes. Original article: https://mises.org/mises-wire/subsidies-amtrak-and-siemens-pathway-cronyism-few

The word "democratic" is supposed to soften the blow of socialism, with Zohran Mamdani's campaign being the latest to fool the voters. In reality, there is no softening real socialism, as it depends upon coercion, violence, and ultimately becomes totalitarian. Original article: https://mises.org/mises-wire/democratic-socialism-totalitarianism

Like a child with his new favorite toy at Christmas, President Trump is using tariff taxes not only to attempt to centrally plan the pricing of thousands of goods and services in the economy, but also to engage in election interference in other countries. Original article: https://mises.org/power-market/trumps-election-interference-tariff

There are real concerns regarding Mamdani. Mamdani is a self-described socialist, and socialism has failed disastrously everywhere it's been tried. Original article: https://mises.org/power-market/new-york-city-doomed