Audio Mises Wire

If employment reports continue to show growing economic stagnation, calls for more monetary inflation and government spending will only grow.Original article: https://mises.org/mises-wire/novembers-weak-jobs-report-pushes-fed-toward-more-monetary-stimulus

The US economy is hooked on easy money and artificially low interest rates. Huge credit expansions are not “stimulating” the economy; they are destroying it.Original article: https://mises.org/mises-wire/next-economic-downturn-will-be-here-soon-enough

In criticizing the progressive notion of equity, or equality of results, critics of such views embrace an order of “meritocracy.” F.A. Hayek, however, understood that in a free society, inequality is inevitable, and it is something we must accept.Original article: https://mises.org/mises-wire/why-hayek-rejected-merit-based-equality

President Trump and Hegseth are cashing a blank check for carnage that was written years earlier by President Barack Obama.Original article: https://mises.org/power-market/obamas-powerpoint-death-parade-led-trumps-venezuelan-killings

The drive to religious freedom in America was carried out overwhelmingly in the state legislatures—and the federal First Amendment had almost nothing to do with it.Original article: https://mises.org/mises-wire/how-religious-freedom-america-was-founded-privatization-and-decentralization

While Modern Portfolio Theory (MPT) is popular in academic economics and finance, it fails to properly explain profits, mistakenly confusing entrepreneurial profit seeking with risk management.Original article: https://mises.org/mises-wire/risk-uncertainty-profits-and-modern-portfolio-theory

For more than 40 years, the Farmland Protection Policy Act has socialized US farmlands and transferred wealth to politically-connected people. What it hasn't done is protect farmland.Original article: https://mises.org/mises-wire/farmland-protection-policy-act-crisis-politics-and-quiet-socialization-land

Inflation does more than just force up prices. It destroys the wealth-producing process, especially with young people who are prevented from acquiring the same kinds of assets earlier generations procured. The result is inter-generational conflict.Original article: https://mises.org/mises-wire/inflation-interventionism-and-intergenerational-resentment

David Beito's new biography on Franklin D. Roosevelt is not the hagiographic nonsense that has dominated the US history profession. That is a good thing. Americans should know how FDR's presidency led to one disaster after another.Original article: https://mises.org/mises-wire/bursting-bubble-was-fdr

Elon Musk recently claimed that artificial intelligence will make money itself obsolete. He needs to read the literature of Austrian economics.Original article: https://mises.org/mises-wire/elon-musk-claims-money-will-become-irrelevant-he-right

Marion Millar has been charged in Scotland with the crime of “malicious communication” due to tweets criticizing gender self-identification. Original article: https://mises.org/mises-wire/why-banning-hate-speech-evil

The Mexican-War resulted in more territory for the new American empire, but the US government started it under false pretenses. A young US soldier who fought—Ulysses Grant—knew better, exposing the lies from Washington.Original article: https://mises.org/mises-wire/unjustified-conflict-grants-memoirs-mexican-american-war

The Lane Kiffin saga has dominated sports headlines this past week, highlighting the sea changes that have come over college sports—an especially college football—in the past decade. Much of this change is being driven by the easy money regime of the Federal Reserve.Original article: https://mises.org/mises-wire/lane-train-and-rest-college-football-madness-has-been-fueled-easy-money

New York's mayor-elect believes he can implement socialist policies through sheer rhetoric, as though mere words can make socialism work. However, economics involves real things and reality will hit New Yorkers soon enough, and they won't like it.Original article: https://mises.org/mises-wire/zohran-mamdanis-socialism-flunks-basic-economics

For 150 years, Thanksgiving has been primarily an apolitical holiday that's really about family fun and eating a huge meal.Original article: https://mises.org/mises-wire/thanksgiving-celebration-domestic-life

The first English settlers in America learned a hard lesson about socialist economics in the early years of their new colonies as they faced starvation. Once they embraced free enterprise, however, they had something to be thankful for.Original article: https://mises.org/mises-wire/thanksgiving-celebration-free-enterprise

From the perspective of the state, the ideal society is one composed of single parents raising a small number of children in irreligious households.Original article: https://mises.org/mises-wire/families-are-key-building-alternatives-state

In the wilderness of the New World, the Plymouth Pilgrims had progressed from the false dream of communism to the sound realism of capitalism.Original article: https://mises.org/mises-wire/thanksgiving-celebrating-birth-american-free-enterprise

Is minarchism an antidote for the growing statism and socialism infecting our body politic? Think of it as “statism lite.”Original article: https://mises.org/mises-wire/minarchism-worst-kind-state-idolatry

The rent is too high. However, government interference into rental markets has been the main reason rents are so high in the first place.Original article: https://mises.org/mises-wire/government-intervention-not-blackrock-blame-housing-crisis

Cheney was an architect of both Iraq wars, and he was a perennial supporter of the American surveillance state, torture, and more. Original article: https://mises.org/mises-wire/why-i-wont-be-mourning-dick-cheney

We must realize that the two most powerful motivations in human history have always been ideology and economic interest, and that a joining of these two motivations can be downright irresistible.Original article: https://mises.org/mises-daily/origins-welfare-state-america

Inflation is not just an economic phenomenon. It also undercuts the foundations of a civilization, leading to the breakdown of society itself.Original article: https://mises.org/mises-wire/road-de-civilization-inflation-and-moral-erosion-society

Roger Williams, the Baptist minister whose libertarian views ran afoul of the Massachusetts Bay Colony authorities, should be honored as one of this country's early libertarians.Original article: https://mises.org/mises-wire/roger-williams-exemplar-americas-soul

The revolutionaries include the pamphleteer writing in his study, the journalist, the agitator, the organizer, the campus activist, the theoretician, the philanthropist. Original article: https://mises.org/mises-wire/meaning-revolution

The government “shutdown” and the so-called threat to the food stamp program may be abated for now, but we need to understand why this program has metastasized in recent years. James Bovard tells us why.Original article: https://mises.org/mises-wire/food-stamps-and-federal-war-self-reliance

November 11 was once known as Armistice Day, the day set aside to celebrate the end of WWI. In this essay Rothbard discusses the war as the triumph of several Progressive intellectual strains from the late 19th and early 20th centuries.Original article: https://mises.org/mises-wire/rothbard-world-war-i-triumph-progressive-intellectuals

We libertarians may be anti-state, but that we are emphatically not anti-society or opposed to the real world, however contaminated it might be. Original article: https://mises.org/mises-wire/resisting-evil

The dystopian futuristic movie Elysium portrays a terrible future in which only the rich have medical care while the poor suffer on an overpopulated, polluted planet. The film's theme—that only huge wealth transfers can bring medical care to low-income people—is fundamentally flawed.Original article: https://mises.org/mises-wire/dystopia-misdiagnosed-how-rich-drive-health-innovation

If Hobbes is right about human nature, then he is wrong about the state as a solution. Ironically, his key arguments for the state are actually key reasons against it.Original article: https://mises.org/mises-wire/hobbess-accidental-case-against-state

While giddy socialists are proclaiming that Zohran Mamdani's electoral victory is the beginning of a socialist takeover of the U.S., the Democratic Socialists of America have a long way before they can complete their stated mission.Original article: https://mises.org/mises-wire/election-mamdani-what-it-means-and-what-it-doesnt-mean

When studying praxeology, something as trivial as the recipe for chocolate cake can become a way to better teach us Austrian economics.Original article: https://mises.org/mises-wire/recipes-rothbard-what-chocolate-cake-can-teach-about-economics

Murray Rothbard's view of the origins of World War II has an important lesson for us today.Original article: https://mises.org/mises-wire/murray-rothbard-and-world-war-ii-origins

Henry Hazlett wrote in Economics in One Lesson that each generation has to relearn economic fallacies that government employs when implementing bad policies. New Yorkers are about to learn a lot of new lessons.Original article: https://mises.org/mises-wire/all-means-elect-mamdani-and-watch-his-socialist-laboratory-work

Trump's team is citing the fentanyl crisis to justify its escalations near Venezuela. But virtually all illicit fentanyl is made and smuggled thousands of miles away. If war or regime change in Venezuela is good for the American people, why hide the true motivations?Original article: https://mises.org/mises-wire/trump-administration-lying-us-another-war

The food stamp program is a way for Pepsico and the Coca-Cola company to legally rip off the taxpayers.Original article: https://mises.org/mises-wire/how-food-industry-lobbyists-keep-food-stamp-gravy-train-going

For more than 60 years, the US government has enforced a trade embargo against Cuba, ostensibly to force the communist government into collapse. The only thing that has collapsed, however, is the logic in the US policy.Original article: https://mises.org/mises-wire/brief-history-enduring-american-embargo-against-cuba

September's fiscal surplus was not thanks to tariff revenue. In truth, it was thanks to Americans paying more in income tax. Tariffs were only 5.7 percent of revenue.Original article: https://mises.org/mises-wire/no-tariffs-did-not-cause-septembers-budget-surplus

Despite the change in the White House, critical race theory is still with us, dominating the academic sectors and being ingrained in progressive culture. We need to better recognize what it is and how it works in order to better refute it.Original article: https://mises.org/mises-wire/how-recognize-critical-race-theory

No one doubts that the US is a politically and culturally divided nation. Contrary to much of public opinion, politicians like Donald Trump did not cause the crisis. Instead, as Lawrence Mead writes, they are a symptom of the government's assault on our culture.Original article: https://mises.org/mises-wire/recognizing-roots-current-us-political-turmoil

As a true market entrepreneur, as opposed to a political entrepreneur, James J. Hill successfully built a transcontinental railroad, outcompeting his government-subsidized competitors.Original article: https://mises.org/mises-wire/myth-robber-barons-james-hill-versus-crony-competitors

Once again, the Trump administration's “dealmaking” on international trade has blown up, this time pulling the rug from under US soybean farmers. This isn't the first trade policy fiasco, nor will it be the last.Original article: https://mises.org/mises-wire/america-hurts-farmers-and-discounts-chinas-soy-imports-while-providing-crutch-argentina