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Latest episodes from Audio Mises Daily

Why I Have Hope

Play Episode Listen Later Feb 18, 2016


Thanks to our bankrupt economic policies, faith in our regime will soon be shaken whether we like it or not. Fortunately, we don't need a majority to make some changes for the better, writes Ron Paul.This audio Mises Daily is narrated by Ben Wiegold.

The Continuing Demonization of Cash

Play Episode Listen Later Feb 18, 2016


The public has been successfully conditioned to view the use of cash as something suspicious. Meanwhile, thanks to growing pressure from government, private business now often considers cash to be more trouble than it's worth, writes Paul-Martin Foss.This audio Mises Daily is narrated by Ben Wiegold.

The Truth About Politics

Play Episode Listen Later Feb 18, 2016


Politics operates according to principles that would horrify us if we observed them in our private lives, and would get us arrested if we lived by them. The state can steal and call it taxation, kill and call it war, writes Lew Rockwell.This audio Mises Daily is narrated by Ben Wiegold.

2016's Economy Begins with a Whimper

Play Episode Listen Later Feb 18, 2016


Global markets are showing they can't handle even a tiny bit of tightening by the Federal Reserve, and other central banks are doubling down on rock-bottom interest rates, writes David Haggith. After six years of "recovery" can we ever abandon endless easy money?This audio Mises Daily is narrated by Ben Wiegold.

How the Blockchain and Gold Can Work Together

Play Episode Listen Later Feb 8, 2016


New technologies, such as the blockchain technology behind digital currencies like bitcoin, may in the future facilitate the convenient use of precious metals as money once again, writes Thorsten Polleit.This audio Mises Daily is narrated by Ben Wiegold.

Are Harsh Sentencing Laws Driving Up Homicide Rates?

Play Episode Listen Later Feb 8, 2016


The United States is notable for incarcerating a very large portion of its population compared to other countries. Surprisingly, this may increase homicide rates and lead to enclaves of ex-cons which would help explain why so many homicide victims have criminal records, writes Justin Murray.This audio Mises Daily is narrated by Ben Wiegold.

Seven Changes Needed in Baltimore and Ferguson Right Now

Play Episode Listen Later May 28, 2015


Communities like Baltimore and Ferguson have been crippled by government regulations and the American nanny state. Now is the time to allow local residents to break free of government wage controls, government schooling, and government prohibitions, writes Mark Thornton.This audio Mises Daily is narrated by Robert Hale.

Will the Fed Let Innovation Work Its Magic?

Play Episode Listen Later May 4, 2015


In recent decades, the tech sector has brought us newer and better goods and ever-dropping prices. In an unhampered market, the same would happen across the entire economy. But, the Fed won't allow this to happen, writes Edin Mujagic.This audio Mises Daily is narrated by Robert Hale.

Self-Interest Is Not Selfishness

Play Episode Listen Later Apr 29, 2015


When Mother Teresa used her Nobel Prize money to fund services for the poor, she was exhibiting "self-interest," but not selfishness. Like virtually everyone else, she used her property to achieve an end she valued, but which benefited others as well, writes Gary Galles.This audio Mises Daily is narrated by Robert Hale.

Why Is the Fed Punishing My Parents?

Play Episode Listen Later Apr 22, 2015


Thanks to the central bank, those who worked hard and "played by the rules" all their lives now face an uncertain future as inflation chips away at their savings and threatens their financial stability, writes Shawn Ritenour.This audio Mises Daily is narrated by Robert Hale.

What Romance Can Tell Us About Government Regulation

Play Episode Listen Later Apr 22, 2015


When it comes to romantic relationships, people ruthlessly discriminate and make an endless number of subjective judgments. Most agree that it is absurd to regulate these relationships while not realizing that the same is true of all business relationships as well, writes Julian Adorney.This audio Mises Daily is narrated by Robert Hale.

Brazil: Victim of Vulgar Keynesianism

Play Episode Listen Later Apr 10, 2015


Brazil's government has long been devoted to the idea that more government spending will create more economic prosperity. For a time, it seemed to work, but now reality and disillusionment have set in, writes Antony Mueller.This audio Mises Daily is narrated by Robert Hale.

The "Natural Interest Rate" Is Always Positive and Cannot Be Negative

Play Episode Listen Later Apr 9, 2015


We're now in the world of negative interest rates, and Mises’s insights about human action are the key to understanding the implications of this, and in understanding the impossibility of a negative “natural” or “originary” interest rate, writes Thorsten Polleit.This audio Mises Daily is narrated by Robert Hale.

Judge Napolitano on Self-Ownership and 'National Defense

Play Episode Listen Later Apr 9, 2015


Natural rights are fundamentally different from goods and services. Judge Napolitano explains in his new book how the acquisition of a mere service — security — cannot be based on the destruction of rights, which cannot be traded away, writes David Gordon.This audio Mises Daily is narrated by Robert Hale.

Death and Taxes in the Netflix Series Marco Polo

Play Episode Listen Later Apr 6, 2015


The new Netflix series Marco Polo might have descended into a forgettable story of palace intrigue, but it fortunately explores far more interesting themes of family, loyalty, and how the state demands everyone sell out his values a little more every day, writes Ryan McMaken.This audio Mises Daily is narrated by Robert Hale.

There's No Political Freedom Without Economic Freedom

Play Episode Listen Later Mar 9, 2015


Many have tried to create a division between "political freedom" and "economic freedom." But all freedoms ultimately depend on economic freedom, and our view of economic exchange dictates our view of politics, writes Patrick Barron.This audio Mises Daily is narrated by Robert Hale.

Five Steps to Fixing Greece's Debt Problem

Play Episode Listen Later Mar 4, 2015


The Europeans have decided to limit funding and credit extended to the Greeks. This puts the Greek financial system under pressure, but there are free-market solutions that could set the Greeks on the path to a sound economy, writes Frank Hollenbeck.This audio Mises Daily is narrated by Clay Barnett.

Yes, Minimum Wages Still Increase Unemployment

Play Episode Listen Later Mar 2, 2015


In recent years, some economists, contrary to long-established and widely-accepted economic theory, have been claiming that increases in the minimum wage do not increase unemployment. But both logic and the data say otherwise, writes Andrew Syrios.This audio Mises Daily is narrated by Robert Hale.

How Economic Aggregation Hides the Problems of Interventionism

Play Episode Listen Later Feb 26, 2015


Government likes to put out lots of data showing things like income and employment for huge numbers of people. The problem is, this tells us almost nothing about how real-life people are hurt or helped by government intervention, writes Gary Galles.This audio Mises Daily is narrated by Robert Hale.

How Truly Free Markets Help the Poor

Play Episode Listen Later Feb 14, 2015


Free markets have provided an abundance of goods and comforts for even low-income households. But constant government intervention in the work, lives, and incomes of the poor continues to create many barriers to economic success, writes Ryan McMaken.See here, here, and here for more information on how the minimum wage makes low skilled workers legally unemployable.This audio Mises Daily is narrated by Clay Barnett.

The Folly of 1845: Texas and the Evils of Annexation

Play Episode Listen Later Feb 5, 2015


The opposite of secession is annexation wherein governments extend their monopolies over a greater territory. Just as secession naturally limits the power of states, annexation extends it, and should be opposed, writes Ryan McMaken.This audio Mises Daily is narrated by Robert Hale.

How Government Helped Create the Coming Doctor Shortage

Play Episode Listen Later Feb 3, 2015


If we want to lower the cost of health care, we should seek to increase the availability of health care services, including increases in trained medical personnel. Government, however, acts repeatedly to prevent the entry of more doctors into the marketplace, writes Logan Albright.This audio Mises Daily is narrated by Clay Barnett.

Europe Joins the QE Party

Play Episode Listen Later Jan 31, 2015


The European Central Bank is ramping up its easy-money policies in an effort to spur inflation, which it hopes will improve the economy. The wealthy and powerful will benefit from this, but most everyone else is in big trouble, writes Frank Hollenbeck.This audio Mises Daily is narrated by Robert Hale.

How Free Markets Enhance Freedom of Choice

Play Episode Listen Later Jan 29, 2015


Our daily lives are determined by our choices as individual economic actors. When governments intervene in our personal economics, they intervene in our personal preferences and choices, writes Hunter Hastings.This audio Mises Daily is narrated by Dianna Keiler.

How Greek Default May Still Unravel the EU

Play Episode Listen Later Jan 23, 2015


The Greeks may still default, and that would mean big trouble not so much for Greece as for other EU member states who will be on the hook for even more bailouts, writes Frank Hollenbeck.This audio Mises Daily is narrated by Robert Hale.

The True Cost of the Homeownership Obsession

Play Episode Listen Later Jan 16, 2015


The homeownership rate is now back where it was forty years ago. So what did all that federally-subsidized homebuying over the past decade accomplish? There was a lot of malinvestment, and a lot of politically-favored interest groups that got richer, writes Ryan McMaken.This audio Mises Daily is narrated by Clay Barnett.

Bait and Switch: "Economic Development" in the States

Play Episode Listen Later Jan 15, 2015


States could attract more businesses and jobs by lowering taxes and making government smaller. But since governments hate cutting taxes and regulations, they instead choose to lure new firms with temporary tax breaks and special favors, writes Jeff Scribner.This audio Mises Daily is narrated by Robert Hale.

Voluntary Exchange vs. Government Mandates

Play Episode Listen Later Jan 7, 2015


True welfare and value can only be achieved through exchange when it is fully voluntary. When the state intervenes to "improve" trade, it destroys value, all the government stats notwithstanding, writes Patrick Barron.This audio Mises Daily is narrated by Dianna Keiler.

The "Dog-Eat-Dog" Delusion

Play Episode Listen Later Jan 3, 2015


Opponents of free markets sometimes describe market competition of dog-eat-dog, but that metaphor has nothing to do with markets and everything to do with politics and war, writes Gary Galles.This audio Mises Daily is narrated by Dianna Keiler.

North Korea: From Hermit Kingdom to Merchant Kingdom?

Play Episode Listen Later Dec 24, 2014


North Korea is one of the most heavily sanctioned regimes on earth, but in the midst of a new and young generation of North Koreans adept at using black markets, it’s clear that trade with North Korea must be embraced, writes J. Wiltz.This audio Mises Daily is narrated by Dianna Keiler.

Private Volunteers Step In Where Police Are AWOL

Play Episode Listen Later Dec 23, 2014


Where police fail, as at Ferguson and in Detroit, private firms and volunteers have stepped in. And yet the state continues to claim that its employed enforcers are a thin blue line between order and chaos, writes Julian Adorney.This audio Mises Daily is narrated by Dianna Keiler.

Stalemate, Crisis, and the Triumph of the Modern State

Play Episode Listen Later Dec 19, 2014


One hundred years ago, the combatants of World War One fought themselves to a standstill. The warring regimes then used the opportunity to clamp down on internal dissent and a host of other liberties, writes T. Hunt Tooley.This audio Mises Daily is narrated by Robert Hale.

All I Want for Christmas is a (Real) Government Shutdown

Play Episode Listen Later Dec 18, 2014


Those who voted for the omnibus to avoid a shutdown fail to grasp that the consequences of blindly expanding government are far worse than the consequences of a temporary government shutdown, writes Ron Paul.This audio Mises Daily is narrated by Dianna Keiler.

Politicians to Business Owners: Drop Dead

Play Episode Listen Later Dec 4, 2014


It's become common for populists to claim that what's good for businesses is bad for workers. It remains unclear, however, where all those workers are supposed to find jobs, writes Peter St. Onge.This audio Mises Daily is narrated by Dianna Keiler.

Diversity in Goals Brings Diversity in Value

Play Episode Listen Later Nov 24, 2014


Every person has different goals for himself, which means everyone will value differently the means to attain those ends. No central planner can know these goals and values, writes Frank Shostak.This audio Mises Daily is narrated by Dianna Keiler.

Obamacare's Jonathan Gruber and the Superhero Oath

Play Episode Listen Later Nov 22, 2014


Economists can use their knowledge for both good and evil, and for those in government, such knowledge is often used to deceive and make government programs look less costly than they are, writes Gary Galles.This audio Mises Daily is narrated by Keith Hocker.

State Monopolies Aren't What They Used to Be

Play Episode Listen Later Nov 21, 2014


States wish to gain monopolies and maintain them in all facets of life, while entrepreneurs strive to offer alternatives to the state. It's our job to prevent the state from simply declaring the competition illegal, writes Julian Adorney.This audio Mises Daily is narrated by Dianna Keiler.

The Cultural and Political Consequences of Fiat Money

Play Episode Listen Later Nov 20, 2014


Our global system of fiat moneys favors spenders and borrowers over savers. Low—and moderate—income households who wish to save for the future are at the greatest disadvantage, and this has led to profound cultural changes over the past century, writes Guido Hülsmann.This audio Mises Daily is narrated by Keith Hocker.

Woodrow Wilson's Faith in War

Play Episode Listen Later Nov 20, 2014


Malcolm D. Magee's new book on Woodrow Wilson examines a much-neglected topic: the role of Wilson's religion in his enthusiasm for war and his goal to “conquer, convert, and change the nations.”This audio Mises Daily is narrated by Dianna Keiler.

How Macroeconomic Data Encourages Government Intervention

Play Episode Listen Later Nov 20, 2014


Entrepreneurs need very specific information about their products, markets, customers, and profits. Government macroeconomic data, however, does nothing to assist entrepreneurs to obtain this important information, but only helps justify economic intervention, writes Frank Shostak.This audio Mises Daily is narrated by Keith Hocker.

Why The Theory of Money and Credit Is More Important Than Ever

Play Episode Listen Later Nov 20, 2014


Eighty years ago, Mises's The Theory of Money and Credit first appeared in English. It remains one of the most important books on money and inflation penned in the twentieth century, and it still offers the clearest analysis and understanding of booms and busts, inflations and depressions, writes Richard Ebeling.This audio Mises Daily is narrated by Robert Hale.

Moral Hazard and Socialism in Collective Security Agreements

Play Episode Listen Later Nov 20, 2014


Collective security agreements allow many countries's politicians to shift the cost of national defense to taxpayers outside their own countries. Moral hazard, belligerence, and over-reliance on military solutions often ensue, writes Patrick Barron.This audio Mises Daily is narrated by Robert Hale.

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