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Audio Mises Wire
by Mises Institute
Audio recordings of Mises Wire articles, offering contemporary news and opinion through the lens of Austrian economics and libertarian political economy.
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1000
The Evolution of Politics: From Civic Virtue to Realpolitik
While people claim they want the "virtuous" state with citizens to match, what we really get is realpolitik, whether we want it or not.Original article: https://mises.org/mises-wire/evolution-politics-civic-virtue-realpolitik
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999
The Predatory Logic of the State
While we speak highly of “rule of law” and the “limited state,” the unfortunate truth is that the modern state is a law unto itself. Original article: https://mises.org/mises-wire/predatory-logic-state
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998
Rothbard’s Definition of Government as Organized Crime: The Microsoft Antitrust Case
Murray Rothbard saw government as a predatory, criminal entity and the Microsoft lawsuit of 1998 proved to be a classic example of government organized crime in action.Original article: https://mises.org/mises-wire/rothbards-definition-government-organized-crime-microsoft-antitrust-case
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997
The Vendée: The French War for National Liberation
To deny local self-determination to the Catholic Vendean rebels was to support the imperialist impulse, just as the opponents of the American revolutionaries embraced imperialism over freedom. Original article: https://mises.org/mises-wire/vendee-french-war-national-liberation
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996
The FIFA World Cup: Price Controls on Ticket Prices?
World Cup tickets are a hot commodity with prices through the roof. Naturally, governments want to do what governments always do unsuccessfully: levy price controls.Original article: https://mises.org/mises-wire/fifa-world-cup-price-controls-ticket-prices
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995
Foucault, Panopticism and the Carceral Society; the Rise of the Surveillance State
The standard narrative is that policing and imprisonment are necessary tools to keep the public safe from criminals. But it also would seem that these things are useful tools for a state that wishes to dominate its citizens.Original article: https://mises.org/mises-wire/foucault-panopticism-and-carceral-society-rise-surveillance-state
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994
America’s Gerontocracy Goes Deeper than Aging Politicians
America’s elderly political class is only the most visible symptom. The deeper problem is a government built to transfer wealth from younger Americans to a caste of older, wealthier generations.Original article: https://mises.org/mises-wire/americas-gerontocracy-goes-deeper-aging-politicians
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993
What the Conservatives Get Wrong about the French Revolution
If avoiding a repeat of the excesses of the French revolution is an important goal, we need a thorough understanding of its causes. Edmund Burke and his conservative followers don't offer this. Original article: https://mises.org/mises-wire/what-conservatives-get-wrong-about-french-revolution
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992
The UK’s Monstrous Equality Act
Great Britain’s “Equality Act” is not simply a civil rights bill gone too far. It is, as Murray Rothbard would have put it, a “monstrous” piece of legislation that looks to create a social and economic equality that could never exist.Original article: https://mises.org/mises-wire/uks-monstrous-equality-act
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991
Poland: For Now It’s Still a Paper Tiger
Since abandoning socialism 30 years ago, Poland’s economy has grown, as one would expect with a market economy. However, there could be more economic freedom there that easily would translate into a booming economy.Original article: https://mises.org/mises-wire/poland-now-its-still-paper-tiger
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990
An Austrian Perspective on Lolcows
Lolcows, part of the world of internet personalities, would seem well beyond the world of economic analysis. Yet, much of what happens can be explained by the paradigm of Austrian economics.Original article: https://mises.org/mises-wire/austrian-perspective-lolcows
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989
Carl Menger, Crown Prince Rudolf, and the Marginal Revolution That Never Was
Carl Menger, founder of the Austrian School of economics, served as the tutor for Austrian-Hungary’s Crown Prince Rudolf, the only son of Emperor Franz Joseph. But Rudolph’s untimely death in 1889 would end up changing the ruling dynamics of pre-World War I Central Europe.Original article: https://mises.org/mises-wire/carl-menger-crown-prince-rudolf-and-marginal-revolution-never-was
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988
Praxeology within a Physics of the Social Sciences
Austrian economics does not share the same methodology as we see in the economics mainstream. The Austrian emphasis on praxeology provides a better explanation of economic events than does the mathematically-bound mainstream.Original article: https://mises.org/mises-wire/praxeology-within-physics-social-sciences
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987
How Adam Smith Helped Create Modern Unionism
While Adam Smith is celebrated in some circles as the “Father of Free-Market Economics” (Austrians would disagree), his writings on the “disadvantages” of the worker are misleading.Original article: https://mises.org/mises-wire/how-adam-smith-helped-create-modern-unionism
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986
Cronyism and Regulatory Capture
As AI becomes a more important and visible part of our lives, the movement to regulate it also grows. The standard regulation narratives—that government regulates things in the name of the public interest—clearly do not fit the facts.Original article: https://mises.org/mises-wire/cronyism-and-regulatory-capture
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985
Fireworks for the Regime: What July 4th Actually Celebrates
Every July 4th, politicians climb podiums, flags wave, a hundred million dollars’ worth of fireworks scatter across the sky, and somewhere between the hot dogs and the stadium-rock anthems, it becomes easy to confuse the theater of freedom with the substance of it.Original article: https://mises.org/mises-wire/fireworks-regime-what-july-4th-actually-celebrates
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984
The Senate Isn’t His Oyster, After All. Graham Platner’s Socialist Vessel Turned Out to Be Leaky
The media tells us that the rape allegations that brought down Graham Platner’s Senate campaign just came to light. Actually, the media had those allegations for months, but sat on them to protect Platner’s campaign.Original article: https://mises.org/mises-wire/senate-isnt-his-oyster-after-all-graham-platners-socialist-vessel-turned-out-be-leaky
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983
The War System
"The main aim of American foreign policy is to impose the will of our ruling elite on the rest of the world." Original article: https://mises.org/mises-wire/war-system
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982
Why Rothbard Sided with the American Revolutionaries
Contrary to a common—and incorrect—critique of Rothbard, he was not a fanciful purist who refused to support any political movement that failed to be perfectly libertarian in every way. Original article: https://mises.org/mises-wire/why-rothbard-sided-american-revolutionaries
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981
Consolidating Federal Power under the Civil Rights Act 1957
Most readers are familiar with the 1964 Civil Rights Act. They are less familiar with the 1957 Civil Rights Act.Original article: https://mises.org/mises-wire/consolidating-federal-power-under-civil-rights-act-1957
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980
Don't Confuse the Declaration of Independence with the Constitution
Some people seem to think the Constitution of 1787 is pretty much the same thing as the Declaration of Independence. They're wrong.Original article: https://mises.org/mises-wire/dont-confuse-declaration-independence-constitution
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979
The Birthright Citizenship Ruling Will Create More Conflict over Immigration
This decision—as with birthright citizenship in general—will increase political conflict over the presence of foreign nationals—both legal and illegal—within the United States.Original article: https://mises.org/mises-wire/birthright-citizenship-ruling-will-create-more-conflict-over-immigration
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978
A Backwards History of Money
Money did originate from the state, no matter how many times contemporary monetary theorists might claim otherwise.Original article: https://mises.org/mises-wire/backwards-history-money
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977
The Supreme Court and the Supreme Fed
With its new ruling in Trump v. Cook, the Supreme Court demonstrates it does not understand central banking or the Fed. Clarence Thomas, however, saw through the Fed's lies. Original article: https://mises.org/mises-wire/supreme-court-and-supreme-fed
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976
A Libertarian Critique of Birthright Citizenship
It is important to change our political culture, which treats "democracy," or the "right" to vote, as the supreme political good.Original article: https://mises.org/mises-wire/libertarian-critique-birthright-citizenship
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975
Bitcoin Is Not Freedom: The Delusion of Digital Escape
While Bitcoin in its early days promised freedom from the tyranny of fiat currency, those days are gone. Instead, Bitcoin owners are now satisfied if its value goes up against the dollar.Original article: https://mises.org/mises-wire/bitcoin-not-freedom-delusion-digital-escape
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974
Why Bernie Sanders’s AI Bill Is Fascistic and Dangerous
Comparing Sanders to fascism may seem unusual, but it should not be forgotten that the main leaders of Italian fascism, including Mussolini, were initially socialists before they became fascists.Original article: https://mises.org/mises-wire/why-bernie-sanderss-ai-bill-fascistic-and-dangerous
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973
Calhoun’s Answer to the Abolition Petitions
What role does the Constitution play when one state has a different understanding of “American values” than another? Unfortunately, the responses have been inconsistent, depending upon which “values” one wishes to promote.Original article: https://mises.org/mises-wire/calhouns-answer-abolition-petitions
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972
The State of Financial Markets Tells Us What Investors Really Believe
Mainstream economists claim that understanding and observing reality is not really “doing economics.” Instead, they believe that all we need are abstract theories that predict events well. But over time, financial markets must bend to the real world.Original article: https://mises.org/mises-wire/state-financial-markets-tells-us-what-investors-really-believe
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971
Greenspan: The Great Opportunist
While the pundits are insisting that the late Alan Greenspan was a committed free market adherent, his actions throughout his career spoke differently. In today’s Friday Philosophy, Dr. David Gordon exposes Greenspan for what he was: an opportunist.Original article: https://mises.org/friday-philosophy/greenspan-great-opportunist
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970
The Myth of Nationalist Victory: The Articles of Confederation and the Bank of North America
Were stronger central government under the Articles of Confederation and a central bank really necessary to win the American Revolution, as conservative nationalists of the era claimed?Original article: https://mises.org/mises-wire/myth-nationalist-victory-articles-confederation-and-bank-north-america
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969
Intellectual Property versus the Unrealized
The common belief is that intellectual property rights must be in place, otherwise, entrepreneurs would be reluctant to face uncertain profitability. Well, entrepreneurs already face uncertainty and act, anyway.Original article: https://mises.org/mises-wire/intellectual-property-versus-unrealized
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968
Democratic Socialists: One Vote, One Time?
Democratic Socialists are winning election after election and will have a number of representatives in Congress. What will happen to our society as they continue to gain power? The answers are not encouraging.Original article: https://mises.org/mises-wire/democratic-socialists-one-vote-one-time
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967
From Scholasticism to Enlightenment Liberalism
The intellectual path from Ancient Greece to modernity is littered with the path of numerous philosophers, movements, and events, both peaceful and violent that have shaped thinking throughout the ages.Original article: https://mises.org/mises-wire/scholasticism-enlightenment-liberalism
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966
Lies, Damn Lies, and the History of Capitalism
Modern historians rarely have told the truth about the history of capitalism, and especially in the early days of the Industrial Revolution. It is time to set the record straight.Original article: https://mises.org/mises-wire/lies-damn-lies-and-history-capitalism
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965
Greenspan's Empty Talk
On the day Greenspan died, this 2001 essay by Joseph T. Salerno deserves a second life. It documented what the mainstream refused to see: that Greenspan replaced economic theory with intuition, replaced analysis with data-worship, and called his guesswork a science.Original article: https://mises.org/mises-daily/greenspans-empty-talk
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964
The Sixth Republic?
As Ryan McMaken recently pointed out, the original constitutional republic created in 1787 no longer exists. Joseph Solis-Mullen asked if the US is now in its Sixth Republic.Original article: https://mises.org/mises-wire/sixth-republic
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963
Why Stable Systems Fail: The Illusion of Institutional Control
Systems do not collapse when they finally become unstable; they appear stable until the moment their failure can no longer be ignored.Original article: https://mises.org/power-market/why-stable-systems-fail-illusion-institutional-control
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962
China’s Industrial Policy: Ambition, Inefficiency, and a Cautionary Tale for America
While China’s economy has boomed, many people wrongly associate that success with the Chinese government’s industrial policies. Intervention has created many problems there—just as it has done elsewhere.Original article: https://mises.org/mises-wire/chinas-industrial-policy-ambition-inefficiency-and-cautionary-tale-america
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961
The American Revolution and the Danger of Standing Armies
Among the key men involved in the American Revolution and the following periods, we find an oft-repeated concern that may seem foreign to us today—the threat of standing armies. This reality became concrete in the Newburgh conspiracy in 1783.Original article: https://mises.org/mises-wire/american-revolution-and-danger-standing-armies
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960
Oppose Graham Platner for His Socialism, Not Just His Outrageous Behavior
While Graham Platner has become controversial because of his reckless past and violent behavior, the real objection to his being elected a US Senator should be to his reckless socialist proposals that would have disastrous consequences.Original article: https://mises.org/mises-wire/oppose-graham-platner-his-socialism-not-just-his-outrageous-behavior
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959
The Middle Ages, "Enlightenment," and Propaganda
Names for historical periods like "Renaissance" and "Enlightenment" did not descend to us out of the heavens. Historians and propagandists of centuries past created these names, often for political purposes. Original article: https://mises.org/mises-wire/middle-ages-enlightenment-and-propaganda
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958
Bond Market Sell Off: Welcome to the “Titanic Effect”
Because government monetary authorities have been interfering with interest rates for decades, investors have no more confidence in the bond markets, as they expect more interference and more unpredictability.Original article: https://mises.org/mises-wire/bond-market-sell-welcome-titanic-effect
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957
The Abolitionist Movement in the Antebellum South
Before the Nat Turner Rebellion and the rise of militant abolitionism in the North, there were more anti-slavery societies in the South than in the northern states.Original article: https://mises.org/mises-wire/abolitionist-movement-antebellum-south
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956
The Declaration of Independence versus Egalitarianism
Egalitarian interpreters of the Declaration not only empower the centralized state but promote a view of “equality” that shares a common ethical error with slavery itself—that legal castes of humans may be created and enforced against the liberty of others.Original article: https://mises.org/mises-wire/declaration-independence-versus-egalitarianism
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955
AI, Creative Destruction, and the Politicization of Economic Change
Not surprisingly, the present government is rapidly politicizing artificial intelligence. We don’t have to look far for disastrous results.Original article: https://mises.org/mises-wire/ai-creative-destruction-and-politicization-economic-change
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954
Potential Lockdowns, Polarization, And What Should be Done
The covid lockdowns were useless for public health, but they vastly strengthened government’s stranglehold over our lives. We cannot allow this to happen again.Original article: https://mises.org/mises-wire/potential-lockdowns-polarization-and-what-should-be-done
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953
How American Progressives Influenced Hitler
Despite attempts to whitewash its past, progressivism was a poisonous ideology from the beginning. One of its worst legacies is eugenics, which not only created social strife in the US, but also was exported to Germany, where the Nazis embraced it.Original article: https://mises.org/mises-wire/how-american-progressives-influenced-hitler
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952
Medieval Europeans Paved the Way for Freedom in the West
Contrary to the myth that kings routinely ruled over cowed subordinates by "divine right" in the Middle Ages, civil governments of the period faced countless institutional obstacles to the exercise of power.Original article: https://mises.org/mises-wire/medieval-europeans-paved-way-freedom-west
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951
We’re Freaking Doomed without Freedom from State Rule
As AI continues to grow, we are told to fear private transactions and to depend on the state for safety and security. The reality is that we need to fear the state and what it will do to us as technology becomes increasingly sophisticated.Original article: https://mises.org/mises-wire/were-freaking-doomed-without-freedom-state-rule
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Audio recordings of Mises Wire articles, offering contemporary news and opinion through the lens of Austrian economics and libertarian political economy.
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