Mises Media

The fact remains that the strategic value of nuclear arms lies almost totally on the side of defense.

Original article: https://mises.org/mises-wire/economics-nuclear-weapons

To better understand history, we must understand how people thought and acted in the context of their times and the prevailing worldviews of that era. Unfortunately, modern historians insist on looking at US History from modern collectivists viewpoints.

Original article: https://mises.org/mises-wire/methodological-individualism-historical-analysis

Socialist mayoral candidate Zohran Mamdani has emerged as a serious challenger to Andrew Cuomo in the race for mayor of New York City. If Mamdani wins, he promises to vastly expand government control of housing and businesses there.

Original article: https://mises.org/mises-wire/will-new-york-city-become-new-socialist-paradise

His policies took more than a million people off the income tax rolls, and 98 percent of Americans paid no income tax at the end of his term. As a result, America prospered under Coolidge. Real economic growth averaged 7 percent per year while he was in office.

Original article: https://mises.org/mises-wire/silent-cal-had-lot-say

In a free society, legitimate economic success does not fall from the sky or come by force. Behind every fortune lies effort, risk, savings, time, discovery, validation, and social coordination.

Original article: https://mises.org/power-market/critics-capitalism-misunderstand-economic-success

If we were to claim independence from the modern-day royalty of the beltway, the markets will ensure better holidays in the future.

Original article: https://mises.org/mises-wire/how-government-ruins-4th-july-travel

With the exception of the "covid panic" and the mandated lockdowns, etc., last week was the highest total for ongoing unemployment claims since early 2018:

Original article: https://mises.org/power-market/unemployment-claims-reach-highest-2018-ex-covid

Speaking at the recent Rothbard Graduate Seminar, Dr. Joseph Salerno traces Murray Rothbard‘s intellectual development while in the economics Ph.D. program at Columbia University. Rothbard was dissatisfied with the popular schools of thought until he discovered Austrian economics.

Original article: https://mises.org/mises-wire/young-rothbard-uncomfortable-neoclassical-economist

The Supreme Court has told Maryland parents their children do not have to sit through militant LGBTQ+ indoctrination classes, violating their religious values. Previous courts had forbidden parents from “opting out” of such sessions. This is a blow against government tyranny.

Original article: https://mises.org/mises-wire/scotus-strikes-blow-against-public-school-indoctrination-young-children

Bob hosts Steve Hanke, Distinguished Senior Scholar at the Mises Institute and Professor of Applied Economics at Johns Hopkins University, to discuss his research on hyperinflations, currency board solutions, and the economic effects of the COVID lockdowns. Hanke explains the findings of his meta-analysis of lockdown impact and explains why Sweden's laissez-faire approach was vindicated. He also draws from decades of experience stopping hyperinflation globally, advocating currency boards and gold-backed solutions as effective alternatives to central banks.

The site can also host blogs and announcements related to Austrian economics and libertarianism in the humanities.

Original article: https://mises.org/power-market/new-online-resource-libertarian-literary-and-media-criticism

A recession is defined by negative economic activity over several months with an accompanying decline in GDP. However, given the actual makeup of GDP, it is inaccurate to directly tie recessions to GDP at all.

Original article: https://mises.org/mises-wire/why-recessions-are-not-about-declining-gdp

This summer, Hollywood is celebrating the 50th anniversary of its summer blockbuster “Jaws.” The making of such films provides a good analysis of how entrepreneurs operate in a world of uncertainty. Austrian economists are best able to understand how this process works.

Original article: https://mises.org/mises-wire/entrepreneur-and-summer-blockbuster

The government argues that restoring state control protects Mexico’s resources from foreign exploitation and ensures that profits benefit Mexican citizens. However, removing competition and transparency lead to inefficiencies, increased costs, and an unreliable energy supply.

Original article: https://mises.org/power-market/mexicos-energy-sector-goes-backward

For millennia prior to the dawn of the Industrial Revolution, the vast majority of men, women, and children toiled from dusk to dawn and beyond just to keep body and soul together.

Original article: https://mises.org/mises-wire/two-sixties-rock-songs-celebrate-capitalisms-greatest-creation

Western Civilization has brought great advances in culture and economics, yet no one is more relentless in trying to destroy this civilization than western intellectuals. Ricardo Duchesne lays it out in his book, Greatness and Ruin.

Original article: https://mises.org/mises-wire/review-greatness-and-ruin-ricardo-duchesne

Unfortunately, President Trump has severely damaged his credibility by embroiling us in a war that is not our war.

Original article: https://mises.org/power-market/president-trump-end-war-now

Historically, slavery has always been held together by violence, including slavery in the US. However, the actual history of slavery here is much more complex than what modern academics want to admit. 

Original article: https://mises.org/mises-wire/political-moralizing-about-history-slavery

In this episode of Minor Issues, Mark Thornton features his recent appearance on the Liberty and Finance podcast. Mark pulls back the curtain on the geopolitical theater, exposing how monetary control, regime change, and imperial ambition are driving global conflict. From gold's rising value as a gauge of fear to the erosion of public trust in fiat money and the US government, he argues the real war is economic—and it's already begun.

Alongside these dangers, Mark offers hope: an informed public, sound money alternatives, and the growing momentum for a monetary reset built on gold and li...

Bolivians are finding out the hard way that socialist energy means price controls, and price controls mean fuel shortages and long gas station lines. Socialism excels in unkept promises and Bolivia is no exception to that rule.

Original article: https://mises.org/mises-wire/fumes-failed-system-bolivias-gasoline-crisis

Regardless of your view of the current conflicts, one fact is indisputable.  President Trump’s actions violate our traditional non-interventionist foreign policy. 

Original article: https://mises.org/mises-wire/president-trumps-interventionism

Contrary to the expectation of the Luddites, we have only become wealthier than before and workers today enjoy much higher standards of living than workers in the past.

Original article: https://mises.org/power-market/what-modern-luddites-miss-technology-makes-us-wealthier

On this episode of Power and Market, the roundtable responds to Zohran Mamdani winning his primary in New York City, the rising MAGA attacks on the Fed, and the ceasefire in the Middle East.

For more information and to subscribe, visit https://Mises.org/P&MPod

Some non-economic arguments made by pronatalists are very good. But when it comes to economics, pronatalists often get it very wrong.

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

Radio Rothbard mugs are available at the Mises Store. Get yours at https://Mises.org/RothMug PROMO CODE: RothPod for 20% off

Although it may not have ultimately ended how they wished, the strikes on Iran demonstrated that neoconservatives are still a viable force within the GOP. But that shouldn’t discourage us. Ending endless wars isn’t easy, but it is worthwhile.

Read the article here: https://mises.org/mises-wire/dismantling-warfare-state-was-never-going-be-easy

The Mises Institute is giving away 100,000 copies of Murray Rothbard’s, What Has Government Done to Our Money? Get your free copy at https://mises.org/gabfreebook

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

There has been much talk of disinflation, but all the evidence points toward the conclusion that the Federal Reserve continues to administer injections of monetary inflation.

Original article: https://mises.org/mises-wire/there-no-disinflation

On the Liberty and Finance podcast with Elijah K. Johnson, Dr. Mark Thornton warns of rising global distrust in fiat currencies and growing interest in gold and silver. As inflation and government overreach shake confidence in banks and the dollar, Thornton points to precious metals—and sound money—as a path to greater stability.

The original interview is available on YouTube. For more information, visit Libertyandfinance.com.

No one seems concerned about the constant devaluation of the dollar. They blame high prices on whoever is president or corporate greed.

Original article: https://mises.org/power-market/silver-price-shows-what-government-has-done-our-money

America inherited the core institutional framework of Europe (especially Britain) but refined and amplified it through greater decentralization, lower taxation, and more expansive freedoms.

Original article: https://mises.org/mises-wire/american-miracle-was-european-miracle-steroids

Unfortunately, the only real long-term solution to this is genuine fiscal austerity and debt repudiation.

Original article: https://mises.org/mises-wire/japans-price-inflation-rises-its-central-bank-has-fewer-options

Mainstream economics is deterministic, holding that economic actors continue to move in one directions, not responding to changes in economic circumstances or incentives. The Austrians understand economics is about people engaged in purposeful action.

Original article: https://mises.org/mises-wire/purpose-production-and-economy-criticism-pronatalist-economics

Even though a significant number of libertarians supported Trump for president, he clearly has shown no respect for libertarian thinking, especially with his anti-growth trade policies and support for bloated federal spending.

Original article: https://mises.org/mises-wire/trump-suffers-libertarian-derangement-syndrome

Elon Musk has thrown in the towel on the Department of Government Efficiency (DOGE) in all but name. Mises correctly anticipated failures like these.

Original article: https://mises.org/mises-wire/why-doge-failed

Economic sanctions, as a general principle, have a history of failure in the 20th and 21st centuries, which penalize everyday citizens in the sanctioned country.

Original article: https://mises.org/mises-wire/economic-sanctions-adrenaline

With the Iran bombing, the US Government is once again embarking on yet another act of war in support of the US empire. The eternal quest to expand the empire will not end well for Americans. Opposing the government‘s wars is a worthy endeavor.

Original article: https://mises.org/mises-wire/opposing-americas-imperialistic-wars-fight-worth-joining

As US debt soars and foreign central banks stockpile gold, members of Congress introduce a bill to require a comprehensive audit of America’s gold reserves.

Original article: https://mises.org/power-market/members-congress-introduce-comprehensive-us-gold-audit-legislation

Our socialist transit systems are an ongoing failure made worse by even more government intervention. We should not be surprised, then, when political leaders insist that the real problem is the lack of a political will to spend even more money on government enterprises.

Original article: https://mises.org/mises-wire/disasters-government-enterprise

Ted Cruz’s politics aren’t just conservative, they’re theological. Jonathan Newman explores how dispensationalism shapes US loyalty to the state of Israel.

Original article: https://mises.org/power-market/ted-cruz-dispensationalism-and-state-israel

Hamas‘s invasion of Israel happened despite decades of US intervention and spending in favor of Tel Aviv. Yet, this ongoing conflict has nothing at all to do with the safety and security of the United States itself. It's time for the US to get out.

Original article: https://mises.org/mises-wire/get-us-out-middle-east

Bob is joined by author George Ford Smith for a detailed examination into the life and legacy of Thomas Paine. They discuss how Paine’s writings, especially Common Sense and the American Crisis essays, mustered colonial support for independence and even influenced the outcome of the Revolutionary War. Smith explains Paine's life, from early setbacks and struggles in England to becoming a pivotal figure in America’s founding, and why his views ultimately sidelined his historical reputation.