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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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2 лис 2026

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Legacies of Injustice and Racial Inequality 18.02.2024

Progressives argue that free markets stand in the way of economic and racial equality. In fact, free markets are the only vehicle that can help make people more equal. Original Article:  Legacies of Injustice and Racial Inequality

Fiscal Rules Do Not Undermine Investment, But Government Profligacy Does 18.02.2024

In the wake of the financial meltdown fifteen years ago, some countries placed strict limits on piling on public debt. Despite cries that this harms investment opportunities, the ”debt brakes” have worked well. Original Article:  Fiscal Rules Do Not Undermine Investment, But Government Profligacy Does

An Open Letter to Walter E. Block 18.02.2024

Block’s call for total war and the indiscriminate slaughter of innocent civilians in Gaza is the complete and uninhibited rejection and renunciation of the nonaggression principle that constitutes one of the very cornerstones of the Rothbardian system. Original Article:  An Open Letter to Walter E. Block

Are We Really All in This Together? 14.02.2024

Whenever governing elites create a new crisis, they insist that “we're all in this together.” It’s time to ignore their lies altogether. Original Article:  Are We Really All in This Together?

Climate Deniers Deny Socialism. That's Why the Regime Hates Them. 14.02.2024

So-called climate change is really an excuse for government to do what it does worst: intervene in our economic affairs. While government efforts will not cool the planet, they will make life more difficult for the planet’s inhabitants. Original Article:  Climate Deniers Deny Socialism. That's Why the Regime Hates Them.

Washington’s Planned Theft of Credit Card Benefits 14.02.2024

Congressional Democrats are trying to intervene in a complex and varied market they know little about but that consumers navigate without need of help. This will not end well. Original Article:  Washington’s Planned Theft of Credit Card Benefits

A Short History of the Right to Self-Determination 14.02.2024

Modern international law tends to grant a right to “remedial self-determination” only in extreme cases. Unfortunately, this position accepts that states ought to be free to violate human rights so long as the abuses fall short of war crimes and genocide.  Original Article:  A Short History of the Right to Self-Determination

Biden's Middle East Policy Puts Americans at Risk 10.02.2024

The Biden administration’s Middle East policies are going to produce the same kind of blowback that led to the 9/11 attacks. The more reckless Biden becomes, the more American lives are placed at risk. Original Article:  Biden's Middle East Policy Puts Americans at Risk

Biden and Forgotten Federal Financial Tyranny 10.02.2024

Under Obama and Biden, the banking sector has been weaponized against industries American leftists don't like.  The Obama administration acted as if its regulatory targets did not deserve due process, and the program ravaged far and wide. Original Article:  Biden and Forgotten Federal Financial Tyranny

Are Free Markets More Dangerous than Regulated Markets? 10.02.2024

Is the regulatory choice a tradeoff between safety or “breaking a few eggs” via free markets? The logic of allowing for free and unhampered markets is compelling. Original Article:  Are Free Markets More Dangerous than Regulated Markets?

If One Wishes to Discredit Capitalism, One Should at Least Understand How It Works 10.02.2024

Scott R. Sehon tries to be intellectually honest in his critique of capitalism and his endorsement of socialism, but David Gordon writes that Sehon needs to better know the arguments favoring capitalism. Original Article:  If One Wishes to Discredit Capitalism, One Should at Least Understand How It Works

Government Banks Would Be a Dangerous Tool for Progressive Ideologues 07.02.2024

Congresswomen Rashida Tlaib and Alexandria Ocasio-Cortez have introduced legislation to create government-owned banks, ostensibly to “increase accountability.” In truth, the banks would exist to fund progressive causes. Original Article:  Government Banks Would Be a Dangerous Tool for Progressive Ideologues

Social Media Should Not Be Blamed for the Consequences of Democracy 07.02.2024

Social media tends to be blamed for the overall nastiness of public discourse. Instead of condemning this form of communication, condemn the fuel that feeds this conflagration: democracy. Original Article:  Social Media Should Not Be Blamed for the Consequences of Democracy

A Field Guide to Dubious Fact-Checking 07.02.2024

Fact-checking has become a veritable industry in the media. However, the conclusions of “fact checkers” mysteriously seem to align with the opinions of elites. That’s their story, and political, educational, and social elites are sticking to it. Original Article:  A Field Guide to Dubious Fact-Checking

Jacobin Capitalism? 05.02.2024

In his review of Claes G. Ryn's The Failure of American Conservatism, David Gordon points out that Austrian economic methodology is not a value-laden Jacobin experiment, but rather a workable explanation of how a successful economy works. Original Article:  Jacobin Capitalism?

Rising Interest Rates and the "Great Reset" Bubble 05.02.2024

While the “Great Reset” involves an unholy alliance between governments and big businesses, implementing its policies is impossible without central banks suppressing interest rates. Now that rates are rising, people are finding firsthand the real costs of the “Great Reset.” Original Article:  Rising Interest Rates and the "Great Reset" Bubble

Bye Bye Willie: The Political Rent-Seeker 05.02.2024

Intellectual property laws provide another example of how government stifles innovation and competition. Original Article:  Bye Bye Willie: The Political Rent-Seeker

Bastiat versus MMT 05.02.2024

One doesn’t need to search modern economic literature to take on the MMT crowd. Just read Bastiat. Original Article:  Bastiat versus MMT

The War on Producers and Entrepreneurs Is Based on False Notions of Profits 30.01.2024

Since Adam Smith, economic thinkers have failed to understand that profits in a market economy are not extractions of wealth from laborers. In truth, profits lead to higher wages and higher living standards for those workers. Original Article:  The War on Producers and Entrepreneurs Is Based on False Notions of Profits

Reflections on the Libertarian Role in Society 30.01.2024

As the recent election of Javier Milei in Argentina shows us, there still is a place in the political world for libertarian thinking. Liberty is a goal still worth pursuing. Original Article:  Reflections on the Libertarian Role in Society

Does Government Spending and Money Expansion Create New Wealth or Destroy It? 30.01.2024

Government efforts to expand “aggregate demand” involve new spending and money creation. In reality, these activities destroy wealth in the name of expanding it. Original Article:  Does Government Spending and Money Expansion Create New Wealth or Destroy It?

The December Jobs Report Is Mostly Bad News 28.01.2024

 The job market is still hanging on—but not nearly as well as the headline numbers and media pundits would have you believe.  Original Article:  The December Jobs Report Is Mostly Bad News

Can Classical Economics Explain the Approaching Fiscal Disaster? 28.01.2024

There is a lack of buyers for US Treasury debt. Rating agencies have recently downgraded the US debt, and entitlement benefits’ “trust funds” will go into the red in a few years. The classical economists offer few answers to the depth of this problem.  Original Article:  Can Classical Economics Explain the Approaching Fiscal Disaster?

The Decisive Driving Force to Victory for Javier Milei 28.01.2024

Javier Milei has begun his presidency by taking action against much of Argentina’s vast welfare state. One hopes it is the beginning to a successful term in office. Original Article:  The Decisive Driving Force to Victory for Javier Milei

The Government Is Making the Economy Appear Better than It Is 28.01.2024

By borrowing money and “creating” new jobs, the government is creating the illusion of a strong economy. This does not end well. Original Article:  The Government Is Making the Economy Appear Better than It Is

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