Mises Media

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

Bob sits down with macro researcher Luke Gromen of Forest for the Trees to discuss the cascading supply chain consequences of a closed Strait of Hormuz. They also touch on why gold is already supplanting the dollar as the world's premier reserve asset, and what the surge in U.S. gold exports over the past five months tells us about where the global monetary order is heading.

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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

On this Minor Issues episode, Mark Thornton shares his recent interview with "Pinnacle Digest" host Aaron Hodnett. Mark uses Austrian business cycle theory to explain how “cheap money” distorts investment and leaves a fragile financial system that eventually has to correct. They dig into timing and market signals, what might finally expose the long-running “papered-over” boom, and how the Federal Reserve and policymakers typically respond when the cycle turns.

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Joseph Solis-Mullen joins Ryan McMaken to talk about the real history of the libertarian movement, and its origins. 

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VRIC Media host Darrell Thomas interviews Henry Hazlitt Research Fellow Dr. Jonathan Newman on the US fiscal spiral, war spending, and why deficits keep growing under a Fed-backed debt regime. Jonathan walks through public choice incentives, the Fed’s role as a de facto financier of federal deficits, and why “Fed independence” functions mainly as political cover. He closes with an Austrian case for ending the Federal Reserve.

The original interview is online at https://www.youtube.com/watch?v=0OiIPVjXILU

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

On this episode of Power and Market, Ryan, Tho, and Connor discuss Fed drama, plummeting consumer sentiment, and how the American economy is becoming increasingly like a casino. 

Why The Crash Was Delayed by Robert Aro

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

This Tax Day, as the American public reflects on what our government is using our money for, there is growing opposition to the behavior of the Israeli government. Yet we’re all still forced to send it some of our hard-earned tax dollars. Enough.

Read the article here: https://mises.org/mises-wire/american-people-should-not-be-forced-fund-israels-atrocities

Be sure to follow the Guns and Butter podcast at https://Mises.org/GB

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

In this time of war and uncertainty, we should expect to see the prices of precious metals rise and fall and the only certainty will be uncertainty.

Original article: https://mises.org/mises-wire/precious-metals-work

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

As the Marxians do not admit that differences of opinion can be settled by discussion and persuasion or decided by majority vote, no solution is open but civil war.

Original article: https://mises.org/mises-daily/marxism-vs-majority

Late last year, German lawmakers passed new legislation paving the way for military conscription.

Original article: https://mises.org/power-market/germany-restricts-emigration-prevent-young-men-escaping-military-draft

People readily line up on one side or another of great economic debates. How do they choose which side to take?

Original article: https://mises.org/power-market/why-i-side-ludwig-von-mises

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

Mark Thornton unpacks a counterintuitive correlation: as the Persian Gulf conflict escalates, oil spikes while gold and silver slide. He explains how higher oil feeds the CPI, locks central banks out of rate cuts, and pressures precious metals through the dollar and petrodollar system, distinguishing the real monetary inflation gold tracks from the statistical indexes driving Fed decisions. Stick around for a wide-ranging Commodity Culture interview with Jesse Day on the festering world war and the path back to hard money. Plus, an update on the 2026 stocks-vs-MOO prediction contest (fertilizer is running away with it).

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Parental obligations can't be reduced to a contractual or property-based relationship. Jake Desyllas joins Ryan McMaken to talk about why parents are responsible for the well-being of their children. 

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After his recent Zero Hedge debate with MMT co-founder Randall Wray, Bob takes a deep dive into the sectoral balance approach. He explains why the MMT argument is technically a tautology, how it's deeply misleading, and why the private sector doesn't need government deficits to save, invest, and accumulate real wealth.

Related:

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In studying history, it is key to avoid definitional anachronism—failing to note how a word has changed over time and assuming the present meaning was the same in the past. This is often the case with the word currency as used in colonial America.

Original article: https://mises.org/mises-wire/note-currency-colonial-america

On this episode of Power and Market, Ryan, Connor, and Tho look at the updates on the Iran war front, including whether or not a ceasefire will last and recent reporting on Israel's influence on Trump's war decision. Plus, discussion about a recent Tucker Carlson Show guest and his view that Christianity is inherently socialist.

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

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

The US finds itself once again in an undeclared overseas war. Republicans in Congress, however, are unwilling to hold Trump to the Constitution.

Original article: https://mises.org/mises-wire/donald-trump-another-bismarck

This war is not just making energy more expensive, it’s knocking out the higher order goods the global structure of production depends on. This has already locked in dangerous shortages in critical industries like healthcare, food production, and much more.

Read the article here: https://mises.org/mises-wire/economic-destruction-trumps-war-goes-far-beyond-high-gas-prices

Be sure to follow the Guns and Butter podcast at https://Mises.org/GB

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

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

Dr. Jonathan Newman joins Charlotte McLeod and presents a primer on Austrian economics. They discuss discusses gold’s role as money and why “Fed independence” is largely political theater in practice. Jonathan also lays out a practical, Rothbardian framework for ending the Federal Reserve.

The original Investing News Network interview is online at https://www.youtube.com/watch?v=zv1lTKA1aAw.

On the latest episode of Minor Issues, Mark Thornton shares his interview with Charlotte McLeod of Investing News Network, unpacking the sharp swings in gold and silver since late 2025. Mark connects the selloffs to a tightening business cycle and a growing liquidity crunch, and explains how Middle East conflict and changing energy settlement patterns threaten the petrodollar narrative.

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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

In this lecture from the 2026 Libertarian Scholars Conference, Ryan McMaken looks at how the old classical liberal program of democracy and constitutions has failed, and why we need a more realist view of the state and its many crimes. 

Be sure to follow Radio Rothbard at https://Mises.org/RadioRothbard

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