Audio Mises Wire

While court economists such as Paul Krugman insist that inflation is government's way of ensuring full employment, in reality, inflation is one of the many ways governments steal from productive people.   Original Article:  Inflation: Government’s Insidious Form of Theft

In the wake of bad news on inflation, the Federal Reserve is pushing up interest rates. However, a Fed-induced higher rate is not the same as an interest rate decided by the market.   Original Article:  Why the Fed's Tight Rate Stance Damages the Economy

The recent executive order by New Mexico's governor suspending gun rights in part of the state demonstrates not only her ignorance of the law, but also her greater ignorance of the origin of rights.   Original Article:  No, Governor, Rights Are NOT Government-Issued Privileges That You Can Suspend

Progressives have created a new thought crime: cultural appropriation. However, one cannot appropriate something that is not owned by anyone else.   Original Article:  Cultural Appropriation: The Nontheft of Something No One Owns

As the US economy sours, look for a wave of new bankruptcies. The Fed cannot pull any rabbits out of its monetary hat this time.   Original Article:  Welcome to the Twenty-First Century American Bankruptcy Show

Read the New York Times (or even National Review) and you'll learn that the budget standoff is between congressional “adults” and right-wing House nutjobs. This is not the case.   Original Article:  The House Showdown: Separating Truth from Outright Falsehoods

The decision to use artificial intelligence–powered robots in the fast food industry depends upon differences in costs and performance between humans and robots. State minimum wage laws are pushing the industry toward robots.   Original Article:  Would You Hire an AI-powered McRobot or a Human Employee?

Compared to how most other people in the world live, Americans have a high standard of living. And despite the talk about inequality, there is more economic and social mobility here than anyplace else.   Original Article:  American Prosperity Is Greater than Most of Us Realize

Austrian economics stands apart from the economic mainstream in its deductive approach to economic analysis.   Original Article:  The Austrian School's Deductive Approach: A Beacon for Economic Understanding

While philosophy is a discipline that has been hijacked by the Left, once in a while a philosopher comes along and surprises us.   Original Article:  A Procapitalist Philosopher

When covid restrictions were at their tightest, many people died alone in ICUs, as friends and family were kept away in the name of "public health." A more accurate assessment of the policy is to call it barbaric.   Original Article:  Forced Isolation of Patients in the ICU Is Barbaric and Counterproductive

The ruling classes have determined that crimes are political in nature. Thus, Donald Trump faces criminal charges while actual crimes by other presidents go uncharged and unpunished.   Original Article:  Let's Examine Some REAL Crimes Committed by Presidents

As the economy slowly deteriorates, consumer debt rises. In the meantime, the Fed is pushing up interest rates to deal with the inflation it caused. This does not end well.   Original Article:  Consumer Credit Is Expanding Even While the Fed Pushes up Interest Rates

While F.A. Hayek is known for his term “spontaneous order,” Mises saw institutional development as coming from growth in human understanding of things.   Original Article: Mises versus Hayek on the Future of Civilization

Because California’s government has hamstrung electricity producers in the state, its legislature now wants EVs to be “bidirectional,” that is, to put power from their batteries back into the grid.   Original Article: Power Vacuum: How the State Wants to Suck Electricity from the SUV You Are Required to Buy

The state is held together by violence and nothing else. There is no such thing as "the social contract." But even violence cannot make a state last past its time, as we saw with the USSR.   Original Article: States Are Dying from Corruption and the Exponential

Obamacare's forced electronic medical recordkeeping is denying patients the care they need.   Original Article: Physician Burnout: Another Consequence of Medical Socialism

Free trade has its enemies on the left and the right. However, despite the supposed “sophistication” of their antitrade arguments, when we break them down, those arguments really are sophistry.   Original Article: Statism Stands against Free Trade and Free Association

If we read between the lines, it is apparent that the Fed is hoping that price inflation will fall to politically acceptable levels without any additional tightening, and without a recession.  But "hope" is all the Fed has.    Original Article: The Fed Holds the Fed Funds Rate Steady—Because it Doesn't Know What Else To Do

More than forty years ago, Aleksandr Solzhenitsyn urged his fellow Russians “not to live by lies.” In our politicized age, his words ring truer than ever.   Original Article: Totalitarian Ideals and Not Living by Lies

Can there be a bridge between Heideggerian metaphysics and practical political philosophy?   Original Article: Toward a Heideggerian Libertarianism?

The call for "price stabilization" was part of the recent Republican debate. Despite its attractive appearance, having the Fed try to "stabilize prices" is a very bad idea.   Original Article: Why Stabilization Policy is Destabilizing

The Nigerian government should have seen the economic disaster the eNaira would cause. They didn’t, and chaos and rioting followed.   Original Article: How a CBDC Created Chaos and Poverty in Nigeria

Just-wage theory tells us that an employer cannot reduce his workers' wages below some presumed "cost of living." Yet, that same employer can be permitted to reduce the worker's wage to zero if the worker has been replaced by a machine.    Original Article: Why the "Just Wage" Theory Doesn't Make Much Sense

While Leo Strauss did not share G.W.F. Hegel's acceptance of historicism, nonetheless he gives Hegel a sympathetic review. David Gordon takes a closer look at both men.   Original Article: Understanding Hegel from a Straussian Viewpoint