Mises Media

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

Only a couple years ago, climate change was a major political issue. Now it's strangely absent from public discourse. Why did this happen? Because, at least for now, it stopped being the most useful way for elites to justify their power grabs.Read the article here: https://mises.org/mises-wire/what-happened-climate-changeBe sure to follow the Guns and Butter podcast at https://Mises.org/GB

Mark Thornton joins Scott Horton to discuss the state of the economy, the boom-bust cycle, and why anybody—left, right, and center—who cares about the wellbeing of the working class needs to oppose the existence of the Federal Reserve.Visit the Scott Horton Show at http://scotthortonshow.comBe sure to follow Minor Issues at https://Mises.org/MinorIssues

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

Homeschooling isn't just about math lessons and reading charts. It's about who gets to shape how your kids see the world.Dr. Jonathan Newman joins Cheryl Daley on The Homeschool How To Podcast to break down why he and his wife chose to keep their kids out of government schools, how they approach reading and “adulting” skills at home, and why there's really no such thing as a “neutral” education.The original episode is available at https://open.spotify.com/episode/0mZzkKFr5RPKO3RAldMZNM

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

Bob uses clips from his recent interview with Eric Weinstein to explain why Weinstein thinks gauge theory can fix how economists measure the cost of living, unify competing price indices, and handle changing preferences over time, and why Austrians shouldn't dismiss him as a crank. He summarizes Eric's claim that standard mathematical economics relies on the simplest kind of derivative, explaining how much of modern economic modeling is using the wrong math.Related: Bob's Interview with Eric Weinstein on the InFi Podcast: Mises.org/HAP530aThe Mises Institute is giving away 100,000 copies of Hayek for the 21st Century. Get your free copy at Mises.org/HAPodFree

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

Mark Thornton argues that interest is a core price that coordinates time, investment, and growth, and that the Federal Reserve has turned it into an administered number. Mark warns the long-run trend may be turning: bigger states and debts, weaker anti-inflation ideology, and aging populations imply longer, higher for longer. What are the implications? Keep that 2% Covid-era mortgage, expect poor long-bond returns and lower real equity performance, and look for commodities to fare relatively better. Gold's surge shows some investors already see the shift.Be sure to follow Minor Issues at https://Mises.org/MinorIssues

Data shows that the marriage rate and the homeownership rate have been closely connected for decades. Historically, more marriage means more home buying, but government intervention has made buying a home much harder. 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

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

On this episode of Power and Market, Ryan, Connor, and Tho break down the latest FOMC meeting, the real takeaways from Powell's Fed talk, and the continuing realities of Obamacare.Don't miss your chance to get a copy of Ryan McMaken's The Fight For Liberty: Past, Present, and Future during our year-end fundraising campaign. Donate before December 8th and have it doubled! Learn more here.

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

As Congress scrambles to extend emergency subsidies to keep Obamacare afloat, it can be tempting to view the bill that made healthcare less affordable as a total failure. But that wasn't the true purpose of the ACA. It was always meant to prop up the faltering crony healthcare system.Read the article here: https://mises.org/mises-wire/obamacare-was-not-failureBe sure to follow the Guns and Butter podcast at https://Mises.org/GB

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

In this special mid-week episode of Minor Issues, Mark Thornton joins Julia LaRoche for a wide-angle tour of the macro landscape, and why gold's surge is a market verdict on deficits, rate manipulation, and fiat fatigue. Mark outlines the Austrian business cycle story behind today's “everything bubble,” and explains why a more dovish Fed in 2026 won't cure malinvestment. He also contrasts Bitcoin with commodity money and sketches a practical exit: sound money, hard budget constraints, and decentralization.Check out The Julia LaRoche Show at https://JuliaLaRoche.comBe sure to follow Minor Issues at https://Mises.org/MinorIssues

Dr. Mark Brandly examines what's genuinely hard and what's overstated about Gen Z's economic situation, arguing that inflation, regulation, and a bloated welfare–bureaucratic state are driving their struggles, and urging students to learn economics and join the fight for liberty.Recorded at Cornerstone University in Grand Rapids, Michigan, on November 1, 2025.

Connor O'Keeffe explains why the New Right's economic populists have adopted a progressive myth of “laissez-faire gone wrong,” and instead shows how a century of inflation, bailouts, regulation, and managed trade has rigged the system against younger Americans.Recorded at Cornerstone University in Grand Rapids, Michigan, on November 1, 2025.

Dr. Jeffery L. Degner explains how an “inflation culture” reshapes marriage, adulthood, and family life for Gen Z and contrasts it with a path of courageous independence, sound saving, and earlier family formation.Recorded at Cornerstone University in Grand Rapids, Michigan, on November 1, 2025.

Mises Senior Fellow Alex J. Pollock explains how the post-1971 “Nixonian” paper-money world makes the Fed both the engine of inflation and a prop for an oversized state, urging students to see central banking as the hidden arsonist behind booms, busts, and the erosion of their future purchasing power.Recorded at Cornerstone University in Grand Rapids, Michigan, on November 1, 2025.

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

This week, Bob walks through two related debates: Hoppe's criticism of Argentina's President Milei for not immediately closing Argentina's central bank, and the follow-up exchange between Guido Hülsmann and Philipp Bagus on Mises.org over dollarization and the peso. Along the way, he reviews Mises's distinctions among commodity, credit, and fiat money, the concepts of money substitutes and fiduciary media, and the interesting structure of Argentina's short-term central bank debtGuido Hülsmann and Philipp Bagus' Debate on Mises.org: Mises.org/HAP529aThe Human Action Podcast Episode with Nicolás Cachanosky: Mises.org/HAP529bBob's Study Guide to The Theory of Money and Credit: Mises.org/HAP529cThe Mises Institute is giving away 100,000 copies of Hayek for the 21st Century. Get your free copy at Mises.org/HAPodFree

Inflation isn't an economic metric—it's a political tactic. When governments lie about inflation, they're not miscalculating; they're stealing from you. Mises Fellow Karl-Friedrich Israel explains to Peter McCormack how inflation quietly enriches asset holders, punishes workers, and pushes Europe into a slow, silent decline.If your living standards are falling while politicians insist everything is fine, this conversation will make sense of it. If you still believe governments can print prosperity without consequences, you won't enjoy what follows.The original episode is available at https://www.petermccormack.com/episodes/133-karl-friedrich-israel-the-government-is-lying-about-inflation

On the latest episode of Minor Issues, Mark Thornton takes apart the media's “K-shaped economy” cliché. He explains the divergence the Austrian way: Cantillon effects from decades of deficit spending and artificially low rates that lift asset holders and big borrowers, while eroding wages and pricing-out families. Mark shows why the usual fixes like tax tweaks and rate cuts backfire. He also lays out a real cure: deep federal spending cuts, program eliminations, market-set interest rates, and sound money that restores honest price signals for everyone.Be sure to follow Minor Issues at https://Mises.org/MinorIssues

The US regime is gearing up for another war. Get ready for another regime-change disaster like we got in Afghanistan, Libya, and Syria. Be sure to follow the Loot and Lobby podcast at Mises.org/LL

This week Ryan and Zachary Yost take a look at international relations scholar John Mearsheimer's claim that Europe faces a bleak future as the United States pivots away from NATO. Can Europe thrive without American taxpayers' money? 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

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

On this episode of Power and Market, Ryan, Connor, and Tho discuss military escalation with Venezuela, more troubling jobs data, and how college football offers an example of how financialization, politicalization, and bad economy theory can undermine great American traditions.Don't miss your chance to get a copy of Ryan McMaken's The Fight For Liberty: Past, Present, and Future during our year-end fundraising campaign. Donate before December 8th and have it doubled! Learn more here.

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

In a special midweek episode of the Minor Issues podcast, Mark Thornton appears on Palisades Gold Radio with Stijn Schmitz. Mark argues that gold's surge isn't a fad: it's a market verdict on runaway deficits, central-bank credibility, and fiat money itself. He also explains why manipulated rates breed booms, busts, and inequality, while sound money and decentralization restore real signals.The original episode ("Dr. Mark Thornton: Early Innings for Gold, Silver Manipulation, Black Swans & Failing Markets") is available at https://www.youtube.com/watch?v=c2FUnca1q3cBe sure to follow Minor Issues at https://Mises.org/MinorIssues

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

Mark Thornton dissects “contagion” hype and argues it's not a market pathology. He shows why, in a free market, failures reallocate customers, labor, and capital to better firms rather than spread panic. Contagion appears only when government links balance sheets and distorts prices. Mark traces how credit booms set up busts, and why even the Fed now sits upside-down, while homeowners are “rate-locked” and supply is frozen. The takeaway: politicians and central bankers invoke "contagion" to demand more power and money, while their interventions cause the very fragility they decry.See also "Fight Inflation Now" (Minor Issues, episode 72): Mises.org/MI_72Be sure to follow Minor Issues at https://Mises.org/MinorIssues

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

Bob walks through a recent WIRED video on “the economics behind the Great Depression,” correcting its claims on lax regulation, Hoover's alleged inaction, the role of the Fed and the gold standard, and the notion that World War II ended the slump.Bob's Article, "The Depression You've Never Heard Of: 1920-1921": Mises.org/HAP528aBob's Talk, "Contrasting Views of the Great Depression": Mises.org/HAP528bThe WIRED Video, "Economics Professor Answers Great Depression Questions": Mises.org/HAP528cThe Mises Institute is giving away 100,000 copies of Hayek for the 21st Century. Get your free copy at Mises.org/HAPodFree

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

50-year mortgages are likely to increase the likelihood of more "owners" becoming underwater and walking away from their mortgages. This will lead to more bailouts for the financial sector. Taxpayers will pay the price. 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

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

As the economy worsens, expect to see more articles from legacy media about how saving money is actually bad for the economy. It's an old Keynesian myth.Be sure to follow the Loot and Lobby podcast at Mises.org/LL