Episodes
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Why I Have Hope
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.
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The Continuing Demonization of Cash
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...
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The Truth About Politics
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.
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2016's Economy Begins with a Whimper
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…
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Are Harsh Sentencing Laws Driving Up Homicide Rates?
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...
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Seven Changes Needed in Baltimore and Ferguson Right Now
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...
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Will the Fed Let Innovation Work Its Magic?
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.
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Self-Interest Is Not Selfishness
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...
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Why Is the Fed Punishing My Parents?
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.
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Brazil: Victim of Vulgar Keynesianism
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.
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The "Natural Interest Rate" Is Always Positive and Cannot Be Negative
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…
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Judge Napolitano on Self-Ownership and 'National Defense
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...
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Death and Taxes in the Netflix Series Marco Polo
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…
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There’s No Political Freedom Without Economic Freedom
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.
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Five Steps to Fixing Greece’s Debt Problem
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...
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Yes, Minimum Wages Still Increase Unemployment
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.
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How Truly Free Markets Help the Poor
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…
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How Economic Aggregation Hides the Problems of Interventionism
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.
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The Folly of 1845: Texas and the Evils of Annexation
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.
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How Government Helped Create the Coming Doctor Shortage
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…
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Europe Joins the QE Party
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...
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How Free Markets Enhance Freedom of Choice
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.
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How Greek Default May Still Unravel the EU
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.
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The True Cost of the Homeownership Obsession
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...
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Bait and Switch: "Economic Development" in the States
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...
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Voluntary Exchange vs. Government Mandates
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.
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The "Dog-Eat-Dog" Delusion
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.
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Private Volunteers Step In Where Police Are AWOL
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.
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All I Want for Christmas is a (Real) Government Shutdown
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.
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Politicians to Business Owners: Drop Dead
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.
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The Economics of Tipping
Many people think that tipping is a results from stingy employers not paying a "living wage." But tipping solves multiple economic problems while making employers more likely to hire untried workers, writes Kenneth Zahringer. This audio Mises Daily is narrated by Robert Hale.
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Central Banks Are Not Innocent Bystanders
The Economist recently opined that interest rates don't affect investment. This claim is based on an empirical study that contradicts what we already know: that lower prices lead to more demand. In the end, the problem lies with the researches who fail to account for the behavior of central...
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North Korea: From Hermit Kingdom to Merchant Kingdom?
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.
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War Making and Class Conflict
Adapted from “Imperialism and the Logic of War Making.” War is the outcome of class conflict inherent in the political relationship — the relationship between ruler and ruled, parasite and producer, tax-consumer and taxpayer. The parasitic class makes war with purpose and deliberation in order to...
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What A Divided Berlin Still Teaches Us Today
Berlin provides us with an example that comes as close to that of a controlled social experiment as one could probably hope to get, writes Hans Hoppe. This audio Mises Daily is narrated by Keith Hocker.
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Diversity in Goals Brings Diversity in Value
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.
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Stalemate, Crisis, and the Triumph of the Modern State
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.
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Obamacare’s Jonathan Gruber and the Superhero Oath
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.
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State Monopolies Aren’t What They Used to Be
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.
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The Cultural and Political Consequences of Fiat Money
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...
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Woodrow Wilson’s Faith in War
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.
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Middle-of-the-Road Policy: Lessons from Argentina and Venezuela
Ludwig von Mises held that middle-of-the-road policy in economic interventionism eventually leads to widespread socialism. With price controls, protectionism, and rampant inflation, Venezuela and Argentina have proven him right, writes Iván Carrino. This audio Mises Daily is narrated by Dianna...
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Nobel Winner Jean Tirole’s Faulty Views on Monopoly
Economics Nobel Prize winner Jean Tirole still clings to the old neoclassical model "perfect competition" and monopoly, writes Frank Shostak. This audio Mises Daily is narrated by Robert Hale.
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Pakistan and the Problem of Military Aid
Awash in foreign aid from the United States for decades, Pakistan now finds itself having to look to the very countries that once used Pakistan as a model, to find a way out of its military-industrial malaise, writes Salmaan A. Khan. This audio Mises Daily is narrated by Dianna Keiler.
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How Macroeconomic Data Encourages Government Intervention
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…
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Why <em>The Theory of Money and Credit</em> Is More Important Than Ever
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...
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World War I in Our Minds: A Historical View
With 100 years having passed since the start of the First World War, the view of the war among historians and the public has evolved in many ways. Historian Hunt Tooley examines the turning points in how the world sees the Great War. This audio Mises Daily is narrated by Robert Hale.
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Moral Hazard and Socialism in Collective Security Agreements
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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Price Deflation and Price Inflation Are Always "Optimal"
Price changes are the solution to a problem, not the problem itself. We should focus on what causes the price changes in the first place, writes Mateusz Machaj. This audio Mises Daily is narrated by Robert Hale.
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The Index Card of Allowable Opinion
Tom Woods explains the “unacceptable“ opinions behind freedom and free markets. This audio Mises Daily is narrated by Keith Hocker.
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