Mises Institute
Audio Mises Wire
Audio recordings of Mises Wire articles, offering contemporary news and opinion through the lens of Austrian economics and libertarian political economy.
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Episodes
Is ExxonMobil's Acquisition of Pioneer Natural Resources a "Threat to Democracy"? 01.12.2023
According to a Brown University professor, ExxonMobil threatens our democratic republic by purchasing another company. The totalitarian woke atmosphere in American higher education is the real threat. Original Article: Is ExxonMobil's Acquisition of Pioneer Natural Resources a "Threat to Democracy"?
From the Invisible Hand to the Invisible Sleight-of-Hand 30.11.2023
Advocates of unbacked paper money claim that theirs is the “civilized” choice, as opposed to gold, or what Keynes called “that barbarous relic.” These inflationists, however, are the ones wrecking civilization as we have known it. Original Article: From the Invisible Hand to the Invisible Sleight-of-Hand
Ten Years Ago, I Discovered the Mises Institute. These Are the Things I Wish I Had Done Differently 30.11.2023
Ten years ago, I discovered the Mises Institute. This is the advice I wish I could send back to my younger self. Original Article: Ten Years Ago, I Discovered the Mises Institute. These Are the Things I Wish I Had Done Differently
Statist Ideology and War: Israel versus Hamas 29.11.2023
As this author previously has noted, the ideology of statism is responsible for much of the violence that plagues the world. We see this played out in Israel's aggressive retaliatory attacks in Gaza in response to the October 7 killings by Hamas. Original Article: Statist Ideology and War: Israel versus Hamas
Time Preference Is the Key Driver of Interest Rates 29.11.2023
Forget the other mainstream explanations for interest. Time preference explains this phenomenon and gives a true picture of why interest exists in the first place. Original Article: Time Preference Is the Key Driver of Interest Rates
October's Sobering Jobs Report Adds to Mounting Bad Economic News 28.11.2023
Data on employed persons, wages, and other measures point to trouble ahead in an economy already strained by growing bankruptcies, mounting debts, and disappearing savings. Original Article: October's Sobering Jobs Report Adds to Mounting Bad Economic News
There's No Easy Way Out of This Debt Spiral 28.11.2023
The new problem we now face arises from the fact that huge deficits are only manageable so long as interest rates remain very, very low. Original Article: There's No Easy Way Out of This Debt Spiral
The Federal Reserve Is Running Losses. Does This Cost Anyone Anything? 27.11.2023
The new problem we now face arises from the fact that huge deficits are only manageable so long as interest rates remain very, very low. Original Article: The Federal Reserve is Running Losses. Does This Cost Anyone Anything?
The "Climate Emergency": Fueled by Twenty-First-Century Marxism 27.11.2023
The eternal “climate emergency” is upon us. While doomsday is said to be around the corner, the reality is that the only thing rising is the level of government control. Original Article: The "Climate Emergency": Fueled by 21st Century Marxism
Israel Isn't the Brilliant Friend of Freedom the Beltway Claims It to Be 26.11.2023
While Israel receives praise for being a “democracy” in the undemocratic Middle East, its surveillance policies mirror those of China, which is decidedly not democratic. Original Article: Israel Isn’t the Brilliant Friend of Freedom the Beltway Claims It to Be
Is Migration a Tool of the Consumptive Class? 25.11.2023
An unfortunate consequence of increased wealth is the growth of the parasitic consumptive class of political and cultural elites. Labor migrations often follow in the wake of damage that elites do. Original Article: Is Migration a Tool of the Consumptive Class?
Killers of the Flower Moon Is about Government Failure 25.11.2023
The newly released movie "Killers of the Flower Moon" depicts what happens when politically connected people can use the state to carry out nefarious deeds. Unfortunately, government failure is one lesson that is sure to be lost here. Original Article: Killers of the Flower Moon Is about Government Failure
Contra CATO: COVID-19 Vaccinations Are Not a Free Market Victory 23.11.2023
A Cato Institute associate has declared the development of the covid-19 vaccines to be a free-market “triumph.” The only thing that has triumphed in this sorry episode has been the rapid growth of coercive government power. Original Article: Contra CATO: COVID-19 Vaccinations Are Not a Free Market Victory
The Interest Rate Shock Will Blow Up the Government’s Ponzi Game 23.11.2023
As the federal government continues its Ponzi scheme of issuing debt to pay for past debts, interest rates will increase to the point where this no longer is a tenable strategy—if it ever was. Original Article: The Interest Rate Shock Will Blow Up the Government’s Ponzi Game
Liberty: Stifled by the Stockholm Syndrome 22.11.2023
Governments regularly suppress freedom—yet few complain. One wonders if Stockholm syndrome is at work. Original Article: Liberty: Stifled by the Stockholm Syndrome
Hostage Extraction Needs to be Privatized 22.11.2023
In the aftermath of Hamas's taking hostages in its conflict with Israel, the question arises: Who pays the ransom? State-financed payments lead to the worst outcomes and create moral hazards. Original Article: Hostage Extraction Needs to be Privatized
Blaming the Free Market (Even Where It Doesn't Exist) 21.11.2023
Nobel Prize winner Angus Deaton claims that the free market cannot provide adequate medical care. Of course, he goes on to describe government failure but calls it a free market. Original Article: Blaming the Free Market (Even Where It Doesn't Exist)
You're Paying for the Israel War. You'll Also Pay for the Refugees. 21.11.2023
Resettling Gazans in America—at taxpayer expense—will be sold as a "humanitarian" effort, but anyone who sees through the propaganda will see that it's really all a cynical effort to please Israeli politicians. Original Article: You're Paying for the Israel War. You'll Also Pay for the Refugees.
Affective Polarization Is Making Us Dumber 20.11.2023
One way to combat intellectual atrophy is to learn from Ibram Kendi’s mistakes and do the opposite. Original Article: Affective Polarization Is Making Us Dumber
American History Is a Preview of the Israel-Palestine End Game 20.11.2023
How the Israel-Gaza war ends is easy to imagine because it's following a path that has been trod many times before. We've seen it many times during conflicts between settler populations and indigenous populations worldwide Original Article: American History Is a Preview of the Israel-Palestine End Game
Coauthor of War College Journal Article Tries to Backtrack on Call for "Partial Conscription" 19.11.2023
After an earlier article by Zachary Yost on a call by military “experts” to reinstate the military draft, the authors of the original paper are trying to back off on their original recommendation. But there is no doubt as to what they want the government to do. Original Article: Coauthor of War College Journal Article Tries to Backtrack on Call for "Partial Conscription"
Statism Is the Cause of the Israel-Hamas War 18.11.2023
This latest Middle East conflict is ultimately little more than gang warfare. We oppose it as a matter of principle. Original Article: Statism Is the Cause of the Israel-Hamas War
How German Exports Lost the Race with China 17.11.2023
The German economic powerhouse is slowing, weighed down by its costly green energy policies and a bloated welfare state. Germany's economy needs market reforms, not more state intervention. Original Article: How German Exports Lost the Race with China
China's Inefficient and Unsustainable Central Planning 17.11.2023
China's so-called economic miracle is running into the ground as the reality of central planning becomes increasingly obvious and an economic reckoning looms. Original Article: China’s Inefficient and Unsustainable Central Planning
Turkey Is Sustaining Major Inflation. Something Has to Give 16.11.2023
Inflation in Turkey today is officially running close to 70 percent, but the Turkish economy seems to be booming. Inflationary booms, however, cannot be sustained. Original Article: Turkey Is Sustaining Major Inflation. Something Has to Give
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