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Etatism, Protectionism, and the Demand for Lebensraum

Play Episode Listen Later Aug 13, 2025


Having warned of the rise of national socialism and having fled the German army's march into Austria, Ludwig von Mises was in an excellent position to analyze Nazi economic doctrine.Original article: https://mises.org/mises-daily/etatism-protectionism-and-demand-lebensraum

The Silent War for Latin America: How the Foro de São Paulo Subverted Liberty from Within

Play Episode Listen Later Aug 13, 2025


From seminary classrooms to Supreme Courts, a network redefined justice, democracy, and freedom in the name of social control. Many goals of the Foro de São Paulo, launched in 1990 by Luiz Inácio Lula da Silva and Fidel Castro, sadly, are being realized.Original article: https://mises.org/mises-wire/silent-war-latin-america-how-foro-de-sao-paulo-subverted-liberty-within

The Trump-Putin Meeting: How We Got Here

Play Episode Listen Later Aug 13, 2025


When presidents Trump and Putin meet this Friday, the political and military landscape is much different than it was when war broke out more than three years ago and Putin was willing to talk about a real cease fire. Thanks to western dishonesty, Ukraine's future is bleak.Original article: https://mises.org/mises-wire/trump-putin-meeting-how-did-we-get-here

Harry Truman: Founding Father of the National Security State

Play Episode Listen Later Aug 12, 2025


Following World War II, President Truman helped produce the modern national security state by creating the Central Intelligence Agency. Only later did Truman regret what he did, as the CIA turned into a monster that could never be tamed.Original article: https://mises.org/mises-wire/harry-truman-founding-father-national-security-state

You Created Jobs for Robots?

Play Episode Listen Later Aug 12, 2025


Original article: https://mises.org/power-market/you-created-jobs-robots

The Meaning of Coercion in Hayekian Philosophy

Play Episode Listen Later Aug 12, 2025


How do we define liberty? Hayek saw it as the absence of most (but not all) coercion, but that depends upon how one defines “coercion.” Murray Rothbard believed that Hayek was too willing to accept forms of coercion that were anti-freedom.Original article: https://mises.org/mises-wire/meaning-coercion-hayekian-philosophy

Can Econometric Models Fulfill the Role of an Economic Laboratory?

Play Episode Listen Later Aug 11, 2025


Mainstream economists claim that they can use econometric models to emulate human action and, thus, create an economic laboratory. These models, however, cannot tell us about cause-and-effect, which is vital to understanding praxeology and economic behavior.Original article: https://mises.org/mises-wire/can-econometric-models-fulfill-role-economic-laboratory

Jamaica's Beaches and Property Rights

Play Episode Listen Later Aug 11, 2025


Original article: https://mises.org/power-market/jamaicas-beaches-and-property-rights

Will Jamaica Become a Republic?

Play Episode Listen Later Aug 11, 2025


Long a constitutional monarchy with ties to Great Britain, many in Jamaica are looking to end the old relationship and become a republic. But is this movement simply a reaction to anti-colonialism, and what kind of constitution would the new republic create? So far, no answers.Original article: https://mises.org/mises-wire/will-jamaica-become-republic

Why Zohran Mamdani's Socialist Supermarkets Won't Feed NYC

Play Episode Listen Later Aug 9, 2025


Bob takes on a proposal for New York City to run its own grocery stores, dismantling the historical myths, economic fallacies, and rhetorical tricks behind the idea. From Flint's water crisis to “food deserts,” he explains why government control will create shortages, low-quality food, and wasted resources.The Jacobin Article, "Municipal Grocery Stores Are Sensible and Obvious": Mises.org/HAP512aThe Mises Institute is giving away 100,000 copies of Murray Rothbard's, What Has Government Done to Our Money? Get your free copy at Mises.org/HAPodFree

Capital Consumption

Play Episode Listen Later Aug 9, 2025


What happens when a society consumes its seed corn? What is capital consumption, and why does it matter? In this episode, Mark Thornton examines how inflation, deficit spending, and distorted market signals quietly erode the productive assets that fuel economic growth. Drawing on Austrian economics and insights from investor Rick Rule, Mark explains how governments and central banks incentivize the misuse of capital, leading to stagnation, underinvestment, and long-term decline. Understanding this unseen destruction is key to making sense of today's economic malaise.See also "Rick Rule: Shortages In Key Natural Resources To Define Next Decade": https://mises.org/MI_132_ARegister for the 2025 Mises Institute Supporters Summit in Delray Beach, Florida, October 16–18: https://mises.org/ss25Be sure to follow Minor Issues at https://Mises.org/MinorIssues

US Travel Restrictions for Cuba Violate the Freedoms of Americans and Cubans

Play Episode Listen Later Aug 9, 2025


A relic of the Cold War, the US embargo and travel restrictions to Cuba violate American freedoms and they accomplish nothing to end Cuba's communist regime or win freedom for Cubans. Yet, this failed policy has persisted for nearly 65 years with no end in sight.Original article: https://mises.org/mises-wire/us-travel-restrictions-cuba-violate-freedoms-americans-and-cubans

Equality under the Hayekian Rule of Law

Play Episode Listen Later Aug 9, 2025


What do we mean by equality? F.A. Hayek believed that equality under law and the socialist belief of material equality were opposed to each other. Furthermore, he held liberty to be necessary for civilization itself to flourish.Original article: https://mises.org/mises-wire/equality-under-hayekian-rule-law

Why We Need Austrian Economics

Play Episode Listen Later Aug 8, 2025


Economist Joseph Salerno, an expert on the Austrian School, money, and methodology, joins us to talk about what makes the Austrian School of economics different. Be sure to follow Radio Rothbard at https://Mises.org/RadioRothbardRadio Rothbard mugs are available at the Mises Store. Get yours at https://Mises.org/RothMug PROMO CODE: RothPod for 20% off

Reintroducing the Levellers

Play Episode Listen Later Aug 8, 2025


Before the American Revolution, there were the Levellers, who sought liberty during the English Civil War. While their influence on the American colonists would be indirect, nonetheless, many of their ideas reflected what came after American independence.Original article: https://mises.org/mises-wire/reintroducing-levellers

Inflation by Design: How Keynesian Dogma Undermines Capitalism

Play Episode Listen Later Aug 8, 2025


In most of the world, inflation is no longer an exception, it is the rule. Official inflation targets of 4 percent, 5 percent, or even 6 percent per year have become normalized.Original article: https://mises.org/power-market/inflation-design-how-keynesian-dogma-undermines-capitalism

We Should Not Apologize for Businesses Being Profitable

Play Episode Listen Later Aug 8, 2025


In this week's Friday Philosophy, Dr. David Gordon reviews Profit Without Apology: The Need to Stand Up For Business by Onkar Ghate and Dan Watkins. While praising the effort, he also shares some concerns.Original article: https://mises.org/friday-philosophy/we-should-not-apologize-businesses-being-profitable

The Last Day of Barter and Questions for the First Day of Chartalism

Play Episode Listen Later Aug 8, 2025


In examining the Austrian Regression Theorem of Money, Joshua Mawhorter takes on the Chartalist/MMT claim that government gives money its value. The Chartalist/MMT advocates lack a necessary cause-and-effect mechanism to prove their claims.Original article: https://mises.org/mises-wire/last-day-barter-and-questions-first-day-chartalism

Tariffs on India, Redistricting Battles, and a Possible Trump-Putin Meeting

Play Episode Listen Later Aug 7, 2025


The Power and Market group looks at the redistricting fight, tries to make sense of Trump's trade deals, and discusses the possible meeting between Putin and Trump.For more information and to subscribe, visit https://Mises.org/P&MPod

The European Miracle: How Contractual Politics and Divided Power Gave Birth to Western Prosperity

Play Episode Listen Later Aug 7, 2025


How did Europe move from a collection of impoverished city states and kingdoms to a prosperous state of affairs? Europeans learned the value of contracts, private property, and the limited power of the state, and in turn, they flourished.Original article: https://mises.org/mises-wire/european-miracle-how-contractual-politics-and-divided-power-gave-birth-western-prosperity

Can the BRICS Nations Lead Us to a Better World?

Play Episode Listen Later Aug 7, 2025


There is much gnashing of teeth and pulling of hair by just about every leader in the West, especially by an almost apoplectic President Trump, over a so-called “sinister threat” by the BRICS.Original article: https://mises.org/power-market/can-brics-nations-lead-us-better-world

Scholars and Schemers: How the Left Ruined Higher Education

Play Episode Listen Later Aug 7, 2025


One cannot deny that American institutions have been corrupted by leftist thought, which demonstrates the success of Italian communist Antonio Gramsci's call to bring about socialism in the West by eroding the institutional barriers against it.Original article: https://mises.org/mises-wire/scholars-and-schemers-how-left-ruined-higher-education

The Threats of AI Come from the State

Play Episode Listen Later Aug 6, 2025


Artificial Intelligence is advancing, but people often fear it for the wrong reasons. AI is not a threat in itself, but rather becomes a threat when the state uses it as one more tool to limit individual liberty and to engage in oppressive behavior.Original article: https://mises.org/mises-wire/threats-ai-come-state

America's War on Arab Christians

Play Episode Listen Later Aug 6, 2025


The recent attack by Israeli setters on the village of Taybeh in the West Bank has brought attention to the conflicts between Israel and the Christian population in Palestine. American Christians who uncritically support Israel should take a harder look at what is happening.Original article: https://mises.org/mises-wire/americas-war-arab-christians

Harry Truman and the Atomic Bomb

Play Episode Listen Later Aug 6, 2025


The destruction of Hiroshima and Nagasaki was a war crime worse than any that Japanese generals were executed for in Tokyo and Manila. If Harry Truman was not a war criminal, then no one ever was.Original article: https://mises.org/mises-daily/harry-truman-and-atomic-bomb

Cold War 2.0 Heats Up

Play Episode Listen Later Aug 6, 2025


Original article: https://mises.org/power-market/cold-war-20-heats

No Matter Who Is President, Don't Trust Government Data

Play Episode Listen Later Aug 6, 2025


Whether President Trump overreacted to the recent BLS is irrelevant to the fact that government data often is inaccurate and politically suspect. Original article: https://mises.org/mises-wire/no-matter-who-president-dont-trust-government-data

Anarcho-Capitalism: The Nine Most Important Objections

Play Episode Listen Later Aug 5, 2025


"Anarcho-Capitalism is good in theory, but it would never work in the real world." That is a common objection to A-C, but is it correct? What are the objections and how do we answer them. Stanisław Wójtowicz provides some answers.Original article: https://mises.org/mises-wire/anarcho-capitalism-nine-most-important-objections

From Bad to Worse, Irish Rent Control

Play Episode Listen Later Aug 5, 2025


Apparently, Ireland's government has not learned any lessons from rent control disasters elsewhere. Thus, the Irish will have to learn this hard lesson and face the consequences of their economic folly.Original article: https://mises.org/mises-wire/bad-worse-irish-rent-control

Jeff Bezos's Yacht: Driver of Economic Activity

Play Episode Listen Later Aug 5, 2025


A yacht—like any good exchanged on the free market—represents countless value-maximizing exchanges and represents an industry that employs thousands of people to provide goods and services to others.Original article: https://mises.org/power-market/jeff-bezoss-yacht-driver-economic-activity

The Complexity of Historical Narratives

Play Episode Listen Later Aug 5, 2025


Understanding any era of history requires the ability to view complex things. However, people often employ simple narratives as their historical guides, which leads to wrong conclusions. The pre-war history of the American South is one that is much more complex than the narratives imply.Original article: https://mises.org/mises-wire/complexity-historical-narratives

The Fed Says It Is "Data-Driven." But the Data Isn't Any Good.

Play Episode Listen Later Aug 4, 2025


What use is the Fed's supposed devotion to being "data-driven" when the data itself is unreliable and the Fed is basing its policies on data that is thoroughly wrong?Original article: https://mises.org/mises-wire/fed-says-it-data-driven-data-isnt-any-good

How Does Money Acquire its Value?

Play Episode Listen Later Aug 4, 2025


Thanks for modern Keynesian economics, most people believe money gains its value from the government that issues it. Money's value, however, is historically tied to the value of the commodity from which money was derived.Original article: https://mises.org/mises-wire/how-does-money-acquire-its-value

How JFK and the CIA Gave NYC Zohran Mamdani (and Obama to the US)

Play Episode Listen Later Aug 4, 2025


In an attempt to compete with the Soviet Union by bringing future elite political leaders from Africa to study in US universities, Sen. John Kennedy and the CIA inadvertently spread Marxism here and abroad. One product of this program was bringing Mamdani's Marxist father to the US.Original article: https://mises.org/mises-wire/how-jfk-and-cia-gave-nyc-zohran-mamdani-and-obama-us

A Thunderously Bad Deal: Oklahoma City's Crony Arena Tax

Play Episode Listen Later Aug 4, 2025


Oklahoma City will be building a new arena for the 2025 NBA Champions Thunder. Not surprisingly, the taxpayers will be the ones carrying most of the financial burden.Original article: https://mises.org/mises-wire/thunderously-bad-deal-oklahoma-citys-crony-arena-tax

Responding to Richard Werner on Banking

Play Episode Listen Later Aug 2, 2025


Bob and Jonathan Newman respond in detail to Richard Werner's highly discussed interview with Tucker Carlson. They examine Werner's claims about credit creation theory, fractional reserve banking, and money mechanics. Murphy and Newman also discuss Werner's recommendations for banking reform, highlighting differences with Mises's monetary insights and Austrian business cycle theory.The Tucker Carlson Show Episode with Richard Werner: Mises.org/HAP511aPlaying with Fire: Money, Banking, and the Federal Reserve: Mises.org/HAP511bBob's "Anatomy of the Fed" Mises Academy Course: Mises.org/HAP511cThe Federal Reserve Bank of Chicago "Modern Money Mechanics" Workbook: Mises.org/HAP511dBob's Book, Understanding Money Mechanics: Mises.org/HAP511eThe Mises Institute is giving away 100,000 copies of Murray Rothbard's, What Has Government Done to Our Money? Get your free copy at Mises.org/HAPodFree

The Great Precious Metal Premium Conspiracy

Play Episode Listen Later Aug 2, 2025


Why do gold and silver coins often cost more than the spot price, and why do those premiums seem to disappear when you try to sell? On this episode, Mark Thornton dives into the misunderstood world of precious metal premiums. Mark explains how market forces—not shady schemes—drive the spread between retail and wholesale prices, and why that spread has shifted dramatically in recent years. From minting costs to shifting demand between retail buyers and institutional giants, Mark unpacks what's really behind those price tags, and why your shiny coins might be worth less than you think, even as spot prices rise.Register for the 2025 Mises Institute Supporters Summit in Delray Beach, Florida, October 16–18: https://mises.org/ss25Be sure to follow Minor Issues at https://Mises.org/MinorIssues

The Origins of FDR's Teutonophobia

Play Episode Listen Later Aug 2, 2025


It was no secret that President Franklin Roosevelt hated Germany and all things German. Heavily influenced by Silas Marcus MacVane. FDR embraced MacVane's left-leaning progressivism.Original article: https://mises.org/mises-wire/origins-fdrs-teutonophobia

Austrian Perspectives on Social Justice

Play Episode Listen Later Aug 2, 2025


Many "social justice" advocates claim to appeal to a “higher law,” but they usually refuse to acknowledge economic laws because those laws stand in their way of creating the "just" society.Original article: https://mises.org/mises-wire/austrian-perspectives-social-justice

The Fed and our Stagnating Economy

Play Episode Listen Later Aug 1, 2025


Dr. Jonathan Newman and Mises Summer Fellow, Jonathan Yen join Ryan to cover the Fed's latest policy meeting, the awful new jobs report, and rising debt levels.For more information and to subscribe, visit https://Mises.org/P&MPod

Tanenhaus and God at Buckley

Play Episode Listen Later Aug 1, 2025


The long-awaited biography of William F. Buckley Jr. is hardly worth the wait of thirty years. David Brady, Jr., reviews it, saving our readers the pain of reading themselves.Original article: https://mises.org/mises-wire/tanenhaus-and-god-buckley

Jefferson Davis von Hayek?

Play Episode Listen Later Aug 1, 2025


While Hayek did not write directly about the American Civil War, some of his writings provide insights on the conflict.Original article: https://mises.org/friday-philosophy/jefferson-davis-von-hayek

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