Audio Mises Wire

Progressives claim that perhaps individual freedom might be appropriate for a simpler society but that as society grows more complex, the need for government grows. As Leonard Read pointed out, however, greater complexity requires greater freedom, not less. Original Article: The More Complex the Society, The Less Government Control We Need

Mainstream economists turned climate warriors use cost-of-production methods to determine the “true” social cost of carbon. They appeal to a discredited methodology falsely attributed to medieval Scholastics. Original Article: The Worse-than-Medieval Economics of Climate Technocrats

While the Fed tries to engineer the mythical “soft landing” for the economy, Austrian economists know that this is an exercise in futility. Once the credit-fueled boom occurs, the bust logically follows. Original Article:  The Inevitable Bust: Why Economic Booms Contain the Seeds of Their Own Destruction

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"?

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. 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

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

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

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

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 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 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

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

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?

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

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

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

Governments regularly suppress freedom—yet few complain. One wonders if Stockholm syndrome is at work. Original Article:  Liberty: Stifled by the Stockholm Syndrome

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

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)

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.

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

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

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"

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