Audio Mises Wire

Keynesian economists claim that cutting costs in a business slowdown is counterproductive. As usual, the Keynesians have it backward. Original Article:   " Does Cost Cutting Undermine Economic Growth?" This Audio Mises Wire is generously sponsored by Christopher Condon. 

Karl Marx may have been a philosopher or just someone with an opinion. He was not, however, an economist. Original Article:   " Karl Marx Was Not an Economist" This Audio Mises Wire is generously sponsored by Christopher Condon. 

Canadian politicians tout their healthcare system as morally superior to private medicine. There is nothing moral about relegating thousands of people to death each year for lack of medical care. Original Article:   "Democracy Created Canada’s Lethal Healthcare System" This Audio Mises Wire is generously sponsored by Christopher Condon. 

Murray Rothbard was an elite economist, historian, and avowed enemy of the state. His legacy lives on nearly three decades after his untimely passing. Original Article:   " American Dissident: The Legacy of Murray Rothbard" This Audio Mises Wire is generously sponsored by Christopher Condon. 

Decolonization is a popular academic and media buzzword. But is colonialism actually responsible for poverty in developing countries? This question deserves an honest answer. Original Article:   "Did Colonialism Impoverish Africa and Asia? Perhaps Not" This Audio Mises Wire is generously sponsored by Christopher Condon. 

Central banks usually don't admit their guilt in the destruction of money, but the Bank of England unwittingly comes clean. Original Article:   " The Bank of England: Money Creation in Their Own Words" This Audio Mises Wire is generously sponsored by Christopher Condon. 

Advocates for more military spending tell us the taxpayer must pay to expand the US's nuclear arsenal.  Because of China. In truth, the US's arsenal is in no danger of not "keeping up." Original Article:   "No, We Don't Need More Nuclear Weapons" This Audio Mises Wire is generously sponsored by Christopher Condon. 

Most socialists are not misguided about how to have a prosperous economy, for that is not their goal. Original Article:   "Socialism Isn't about Creating Economies. It Is about Amassing Political Power" This Audio Mises Wire is generously sponsored by Christopher Condon. 

The latest from the world of social media is the role of "influencers." There is a perfectly good economic explanation for their popularity. Original Article:   " Influencers and Subjective Value: They Have Something to Teach Us" This Audio Mises Wire is generously sponsored by Christopher Condon. 

Ever since the Luddites rampaged through British textile factories in the early 1800s, people have feared that technology will result in mass unemployment. They were wrong then and are wrong now. Original Article:   "The Fear of Mass Unemployment Due to Artificial Intelligence and Robotics Is Unfounded" This Audio Mises Wire is generously sponsored by Christopher Condon. 

The story of the failure of Silicon Valley Bank is the story of nearly every bank failure. Fractional reserve banking invites the risky behavior that brings down the banking system. Original Article: " Silicon Valley Bank and the Failure of Fractional Reserve Banking" This Audio Mises Wire is generously sponsored by Christopher Condon. 

San Francisco, as well as the government of California, is calling for millions in "reparations" for black people in that state. Reparations, unfortunately, are fast becoming another anti-property-owner racket. Original Article:   " Reparations Are a Statist Cudgel for Bludgeoning Property Owners" This Audio Mises Wire is generously sponsored by Christopher Condon. 

How do people in a pluralistic society live peacefully with each other? In his review of Kenneth McIntyre's book, David Gordon points to negative liberty as the best way to preserve values. Original Article:   "Nonmeasure for Nonmeasure" This Audio Mises Wire is generously sponsored by Christopher Condon. 

Mises saw essentialist values as fallacies because they were unverifiable and saw metaphysical ideas as a key component of authoritarianism. His solution was utilitarianism. Original Article:   "Libertarian Law by Democratic Means: Utilitarianism and the Demythologization of Authority" This Audio Mises Wire is generously sponsored by Christopher Condon. 

Collusion was a way of life with state-chartered enterprises. Little has changed, as firms with political connections still gain profits from their collusion with the state. Original Article: " The Theory and Practice of Conspiracy" This Audio Mises Wire is generously sponsored by Christopher Condon. 

Even if Powell is sincere in this stated desire to slay inflation with more rate hikes, recent bank failures will put the Fed under enormous pressure to end its rate hikes and to once again embrace easy money to save the banks and Wall Street.  Original Article: "Looming Bank Failures Point to More Price Inflation as Real Wages Fall Again" This Audio Mises Wire is generously sponsored by...

The Fed is launching a new billionaire bailout designed to keep banks afloat, and the FDIC is promising to back potentially trillions in deposits. The taxpayer will ultimately be on the hook.  Original Article: "Yes, the Latest Bank Bailout Is Really a Bailout, and You Are Paying for It." This Audio Mises Wire is generously sponsored by Christopher Condon. 

Welcome to Whose Economy Is It, Anyway?, where the rules are made up and the dollars don’t matter. Or at least that seems to be the view of the Yellen regime. Original Article: "A Bank Crisis Was Predictable. Was the Fed Lying or Blind?" This Audio Mises Wire is generously sponsored by Christopher Condon. 

Keynesians and fellow travelers hold the Phillips curve to be sacrosanct. But because the Phillips curve cannot establish causality, it is useless as economic theory. Original Article: "The Phillips Curve Is an Economic Fable" This Audio Mises Wire is generously sponsored by Christopher Condon. 

If we have learned anything from hundreds of years of government oppression and atrocities, one thing is certain: government isn't our friend. Original Article: " Government Is as Government Does" This Audio Mises Wire is generously sponsored by Christopher Condon. 

The incredible growth and success of SVB could not have happened without negative rates, ultra-loose monetary policy, and the tech bubble that burst in 2022. Original Article:   "How Easy Money Killed Silicon Valley Bank" This Audio Mises Wire is generously sponsored by Christopher Condon. 

Teaching high schoolers economics means teaching Austrian principles. Original Article:   "The Balfour Declaration" This Audio Mises Wire is generously sponsored by Christopher Condon. 

The current job market strength partly reflects the ongoing monetary overhang from years of breakneck growth in money-supply inflation. The $6 trillion in money that was newly created since 2020 is still very much a factor. Original Article:   " The Fed's Huge Monetary Overhang Keeps Job Totals Up as Real Wages Fall" This Audio Mises Wire is generously sponsored by Christopher Condon.&nb...

Those adhering to Austrian Economic thinking see the beauty in concepts coming together and providing a way to truthfully assess human action. Original Article:   "Yearning for Beauty in the Truth of Economic Thinking" This Audio Mises Wire is generously sponsored by Christopher Condon. 

Because of inflation and a lack of a savings ethic, Americans are less prepared for retirement than ever. The numbers are discouraging. Original Article:   " Ready for Retirement? Fewer and Fewer Americans Are Saving for That Time" This Audio Mises Wire is generously sponsored by Christopher Condon.