Audio Mises Wire

In 1871, the “discovery” of marginal economic analysis soon took a wrong turn, moving towards quantification, data, and mathematics. It is time to “rediscover” the margin, this time the margin as explained by Carl Menger.Original article: https://mises.org/mises-wire/todays-ais-show-marginal-revolutions-unfinished-business

As the economy faulters, socialists are getting elected, promising free goods and services and an end to the chaos. Even when they make things worse, however, they will still gain political power.Original article: https://mises.org/mises-wire/socialists-are-reaping-bountiful-political-harvest-while-they-create-havoc

In this article from 1950, Murray Rothbard suggests some of the less bad ways of financing military operations. Hint: monetary inflation and taxing savings and investment are among the worst.Original article: https://mises.org/articles-interest/economics-war

Karl Marx not only misunderstood value and production, but he also was wrong about large-scale and small-scale property owners.Original article: https://mises.org/mises-wire/marx-was-wrong-about-necessary-ruin-small-landed-property

Who would join a radical minority movement, and commit him- or herself for life to social obloquy and a marginal existence, for the sake of 20% more bathtubs, or 15% more candy bars? Who will man the barricades either physically or spiritually, for more peanuts or Pepsi?Original article: https://mises.org/articles-interest/duty-natural-outlaws-shut

The UK does not have an energy problem, it has a freedom problem.Original article: https://mises.org/mises-wire/freedom-upsets-patterns-deregulation-argument-westminster-will-not-have

The old republic is gone. The constitutional order of the Jeffersonian years—i.e., the so-called "American experiment"—was swept away long ago.Original article: https://mises.org/mises-wire/we-are-living-fourth-american-republic

The dearth of child-bearing in western countries like the US is seen as a political crisis. Yet, if there is any place in our lives where government should stay out, it is in the area of childbirth.Original article: https://mises.org/mises-wire/tragedy-socialized-fertility

"There are those who still think they are holding the pass against a revolution that may be coming up the road. But they are gazing in the wrong direction. The revolution is behind them. It went by in the Night of Depression, singing songs to freedom."Original article: https://mises.org/mises-daily/revolution-was

The right of self-determination is the right of the inhabitants of every territory to decide on the state to which they wish to belong.Original article: https://mises.org/mises-wire/right-self-determination

Under a system of private ownership, in which the government's only function is to protect property rights, it is immaterial where the frontiers of people's country are drawn.Original article: https://mises.org/mises-daily/economic-causes-war

While there is a public uproar about China having access to the work of American scientists, there is a bigger issue at stake: Is science “owned” by “the public”? If not, why are we so worried about the Chinese?Original article: https://mises.org/mises-wire/if-science-public-good-let-china-pay-it

Whether rates go up or down, neither outcome will be pleasant, leaving a bondholder caught between the Unthinkable and the Unimaginable.Original article: https://mises.org/power-market/those-big-beautiful-bonds

Had the United States pursued a policy of economic freedom with respect to energy production over the last thirty years, the conditions for OPEC’s success as a cartel would never have been present in the first place.Original article (September 18, 2001): https://mises.org/mises-daily/free-markets-would-be-opecs-undoing

We are told that it takes “eternal vigilance” to protect our freedom. But what if the entity taking away our freedom has the weapons and the “law” on its side?Original article: https://mises.org/mises-wire/problem-eternal-vigilance

We are reminded time and again that prices emerge from subjective valuation, not objective criteria.Original article: https://mises.org/mises-wire/when-chicken-isnt-just-chicken

The anti-meat movement has influenced government policy well beyond anything close to the truth about meat. From the discredited food pyramid to government funding of “lab-grown meat,” government aids the activists who are making our lives worse.Original article: https://mises.org/mises-wire/next-food-pyramid-lab-grown-meat-and-new-moral-orthodoxy

With President Trump demanding people in the armed forces as well as in other government offices do his bidding no matter what the law might be, it is time for people to learn the lesson of Captain Vere.Original article: https://mises.org/mises-wire/god-bless-captain-vere-when-constitutional-duty-yields-institutional-power

Our own Jonathan Newman had the opportunity to sit down with a Federal Reserve governor. The central banker's answers to Newman's questions were evasive and riddled with contradictions. It seems there is not much behind the Fed's technocratic veneer.Original article: https://mises.org/mises-wire/look-behind-feds-curtains

The conservatives finally got their populist victory for middle-American working-class voters. The result is more federal spending, more federal power, and Israel-first foreign policy. Original article: https://mises.org/mises-wire/why-trumps-populism-failed

Just as, for them, liberty must be the highest political end, peace must be the highest end of foreign policy.Original article: https://mises.org/mises-daily/libertarians-must-never-warm-warfare-state

A foreign policy that seeks to maintain a global empire is entirely incompatible with the laissez-faire, free-market system at home that many hawkish self-described libertarians claim to support.Original article: https://mises.org/mises-wire/rothbard-was-right-libertarians-must-never-warm-warfare-state

President Trump is not only angering Iranians and most of Europe. He also is making new enemies in both North and South America. Perhaps it is time for policy reset.Original article: https://mises.org/mises-wire/trumps-foreign-policy-latin-america-and-caribbean-needs-strategic-reset

According to Rothbard’s first law of incidence, “no tax can be shifted forward.” That is, the person or company paying the tax cannot make the buyer pay the tax. Original article: https://mises.org/mises-wire/who-pays-hormuz-toll

In dealing with the question of why the United States, a country founded on liberty, turned into a militaristic behemoth, Ralph Raico looked to the work of historian Arthur Ekirch for answers.Original article: https://mises.org/mises-wire/raico-ekirch-and-tragedy-american-militarism

Ludwig von Mises Mises argues in Nation, State, and Economy that nationalism is compatible with economic and political liberty if it is peaceful, based on self-determination as an individual right.Original article: https://mises.org/mises-wire/peaceful-nationalism-foundation-economic-liberalism

Economics has its own four-letter words. Although they are not obscene, socialists and statists would find them so.Original article: https://mises.org/mises-wire/four-letter-economic-words

Those who invoke Jesus for socialism face a tension: if the power to end suffering creates a moral obligation, then the Jesus who healed many but not all appears, by that standard, either unwilling or unable.Original article: https://mises.org/mises-wire/jesus-and-christian-socialists-problem-evil

As the socialistic Canadian medical system runs aground, the government actively promotes physician-assisted suicide as a way to save the system and promoting “die with dignity” at the same time.Original article: https://mises.org/mises-wire/assisted-suicide-logical-outcome-government-controlled-medical-care

The Trump administration continues its bellicose war against Iran, destroying opportunities for prosperity through meaningful commerce along the way.Original article: https://mises.org/mises-wire/war-and-trade-restrictions-fallacious-paths-national-security-and-prosperity

While Tax Freedom Day is mid-April, Rothbard’s measure of the government's fiscal burden reveals that Americans don’t truly start working for themselves until June 5, over seven weeks later.Original article: https://mises.org/power-market/tax-freedom-day-underestimates-how-long-you-work-government

It took centuries to end the idea that taxes kept the privileged class in comfort and financed their wars. But now we're told taxes = civilization.Original article: https://mises.org/mises-daily/taxation-robbery

There is no shortfall of liquidity in financial markets. In fact, there is so much that inflation has become a way of life for market participants. This is not a good thing.Original article: https://mises.org/mises-wire/artificial-liquidity-brings-inflation-shocks

All too often, judges allow sentiment to override the Constitution. While they might refer to a “living Constitution,” what they really mean is that they don’t permit the law to get in the way of their worldviews.Original article: https://mises.org/mises-wire/danger-allowing-good-intentions-override-constitution

Mises described the problem, Hayek proposed the direction, Kirzner explains why the market will not stop. And the market, as so many times before, has already found the first step.Original article: https://mises.org/mises-wire/ex-nihilo-no-more

John Williamson, who passed away five years ago, is known for creating what was called the “Washington Consensus,” which was an attempt to bring a liberal economic order to poor countries looking to transition from socialism to capitalism.Original article: https://mises.org/mises-wire/memory-creator-washington-consensus

President Trump’s current war with Iran not only is creating economic havoc around the world, but it is also bleeding US taxpayers. There are no good outcomes here.Original article: https://mises.org/mises-wire/state-wars-bleed-nation-death

The New York Times claims that the "administrative state"—that is, governance by unelected bureaucrats—protects our country and enhances democracy.Original article: https://mises.org/mises-wire/turns-out-elites-administrative-state-better-democracy

The old saw that when one has a hammer, everything else is a nail certainly applies to a new book by Oliver Bullough on so-called money laundering. Joakim Book sets the readers straight.Original article: https://mises.org/mises-wire/money-laundering-and-oliver-bulloughs-new-pearl-clutching-book

Over the centuries, many academic institutions and publications have played their role in the good work of defending freedom. The Mises Institute does this today. Original article: https://mises.org/mises-wire/rothbard-mises-institute-and-battle-ideas

Before J. M. Keynes and Stephanie Kelton, there was John Law. The promise of free money never seems to die.Original article: https://mises.org/mises-wire/irresistible-promise-john-law

What happens when a corporation resists a government edict because company leaders believe the policy to be morally wrong? The ordeal of Anthropic is a current case in point.Original article: https://mises.org/mises-wire/when-corporations-resist-state-ethics-ai-and-limits-government-power

One of the legacies of Keynesian thought is the belief that war is “good for the economy.” While war may help enable employment, nonetheless, its overall legacy is destructive, and even the jobs war “creates” are economically undesirable.Original article: https://mises.org/mises-wire/myth-wont-die-war-good-economy

However one may turn the matter, one cannot discover any reason why an ideological distortion of truth should be more useful to the bourgeoisie than a correct theory.Original article: https://mises.org/mises-daily/ideological-impregnation-thought

Despite the claims of the chartalists and modern monetary theory advocates, early American monetary history tells a much different story. In fact, much of the historical evidence illustrates Menger’s theory.Original article: https://mises.org/mises-wire/barter-media-exchange-and-colonial-america

The existence of the arsenal makes the State of Israel ineligible for US aid under US law. This is a problem for US supporters of military and economic aid to the State of Israel. Original article: https://mises.org/mises-wire/why-us-regime-pretends-israels-nuclear-weapons-dont-exist

The real founders of economic science actually wrote hundreds of years before Adam Smith. Original article: https://mises.org/mises-wire/true-founders-economics-school-salamanca

The process of naturalization is a government-created "right" with no basis in property rights. In other words, there is no libertarian case for birthright citizenship. Original article: https://mises.org/mises-wire/there-no-property-rights-case-birthright-citizenship

America’s industrial revolution didn’t just happen. It came about because of the free market initiatives that came from the Andrew Jackson presidency.Original article: https://mises.org/mises-wire/how-jacksonians-caused-americas-industrial-revolution

The TSA stories, especially at Atlanta, are illustrations of interventionist non-intervention: non-delivery of promised, paid-for, and monopolized service.Original article: https://mises.org/mises-wire/atlanta-tsa-and-test-case-interventionist-non-intervention