Mises Media

Bob hosts economist Daniel Lacalle to analyze the controversial Big Beautiful Bill. Daniel explains why, despite its imperfections, the bill represents a vital first step toward curbing government spending and protecting private-sector prosperity from excessive state intervention.

The Mises Institute is giving away 100,000 copies of Murray Rothbard’s, What Has Government Done to Our Money? Get your fr...

On this episode of Minor Issues, Mark Thornton dives into Murray Rothbard’s theory of interventionism. Mark explores how Rothbard sharply delineates the line between voluntary action in the free market and coercive government intervention. He deconstructs Rothbard’s typology—autistic, binary, and triangular interventions—and explains why only free markets improve utility for everyone, while intervention creates winners and losers. It’s a wake-up call for anyone who still thinks regulation and taxation are harmless.

"The Economics of Violent Intervention in the Market" by Murray N. Rothbard (Man, Economy, and State with Power and Market, Ch...

On this episode of Power and Market, the group discusses the fallout from Israel's strikes on Iran and the Trump Administration's (changing?) position on immigration enforcement.

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

Joshua Mawhorter joins us to talk about how the fiat-money theories of Modern Monetary Theory and chartalism aren't supported by the historical facts. 

Articles and resources mentioned: 

Is It Money Because It Is Redeemed in Tax Payments? A Response to Kelton and Wray by Per Bylund. 

MMT and US History: Redefining Chartalism by Joshua Mawhorter.

MMT, Chartalism, and the Colonial Experience by Joshua Mawhorter.

How the Classical Gold Standard Fueled the Rise of the State by Ryan McMaken.

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

What the “legacy” media is trying to present as a brand-new authoritarian crackdown on the press is only a more visible version of how the federal government has attempted to control public opinion for nearly a century.

Read the article here: https://mises.org/mises-wire/weaponization-media-access-did-not-suddenly-start-trump

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

Vincent Geloso and Chandler Reilly have a new paper in which they use Rothbard's "Private Product Remaining" (PPR) as a lower bound on estimates of national output, to be contrasted with the convention GDP statistics as an upper bound. Bob has the authors explain Rothbard's proposal and how they are trying to introduce it to the economics profession.

The...

In this episode of Minor Issues, Mark Thornton explores how nations quietly prepare for war—and what the corporate media isn’t telling you. From Europe’s military buildup and the global trade war to the hidden toll of economic sanctions, Mark unpacks historical patterns that have repeatedly led societies to disaster.

Why is gold at a record high? How does modern mercantilism fuel today’s tensions? Are we all just pawns in a much bigger game? Join Mark as he examines the real risks simmering beneath the headlines, and what history can teach us about the cost of...

On this episode of Power and Market, the group discusses the fallout from Musk's fight with Trump, recent reporting on Palantir contracts, and how the courts are not interested in protecting rights.

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

Jonathan Newman joins Ryan McMaken to talk about the history behind the myth of "Fed independence." The Fed has never been politically independent of the US government, and it has enthusiastically helped fund the US government both in wartime and in peacetime. 

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

As President Trump racks up defeat after defeat before the federal courts, the legacy media claims that federal judges are protecting us from government overreach. In reality, government overreach as we know it has been made possible by the federal judiciary.

Read the article here: https://mises.org/mises-wire/federal-judiciarys-war-trump-not-about-protecting-us-government-overreach

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

In this episode, Mark Thornton shares his recent Revisionist History of War Conference talk on a lesser-known factor in the American Civil War: the Confederate “impressment” policy and its impact at Vicksburg. While Gettysburg is more famous, Vicksburg was just as pivotal, and the South’s policy of seizing goods at artificially low prices actually helped Grant win.

Mark challenges the idea that the Confederacy lost simply because it was outgunned, and he explores what this teaches about how smaller groups fighting for freedom and independence can take on much larger forces.

Tariffs, Blocka...

The political legacy of Elon Musk, the moral costs of Keynesianism, and the absurdity of Harvard and NPR as public goods.

Welcome back to the Power & Market Podcast, a weekly news recap from the Mises Institute’s editorial team.

This week, Ryan McMaken, Tho Bishop, and Connor O’Keeffe discuss the Department of Government Efficiency letdown, dissect the ongoing degeneracy of Keynesian economics, and explore the rising movement to defund elite universities like Harvard. Has the establishment finally overplayed its hand? What's next for higher education?

For more information and to subscribe, visit http...

In this episode of the Human Action Podcast, Bob analyzes the key arguments from the recent immigration debate at the Soho Forum between Dave Smith and Alex Nowrasteh. He clarifies the critical issue of how libertarians should approach immigration when the government controls significant property and resources, explores the implications for public property rights, and examines empirical claims made during the debate.

Polish professor of political theory Łukasz Dominiak joins us to talk about how Poland embraced a market economy after the Cold War ended.  We discuss some of the factors behind Poland's rise from poverty. 

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

This brief historical sketch brings us to how the American and Israeli militaries of today have adopted a nineteenth-century-style war of extermination against what they consider to be another “lesser race.”

Original article: https://mises.org/mises-wire/american-israeli-nineteenth-century-ways-war

The free market replaces the struggle for survival found in the animal world with social cooperation in which everybody benefits. Capitalism is a system of peace, not war.

Original article: https://mises.org/mises-wire/ludwig-von-mises-peace-and-social-cooperation

Rumor has it that the Federal Reserve was able to resist the president‘s demands to enable funding of the Korean War. However, a look at the record demonstrates conclusively that the Fed bowed to Harry Truman‘s wishes to do what it has done for a century: finance America‘s wars.

Original article: https://mises.org/mises-wire/did-fed-achieve-independence-during-korean-war

President Trump's so-called “One Big, Beautiful Bill” is more of the same: big and bloated. It adds billions to the federal deficit and does nothing to deal with the government‘s ruinous debt. Naturally, the Republicans support it.

Original article: https://mises.org/mises-wire/one-bloated-brobdingnagian-bill

David Brady, Jr. reviews The Magic Coin by Dr. Jonathan Newman, a children‘s book that explains money in a way that even modern adults can understand.

Original article: https://mises.org/mises-wire/magic-coin-and-renewing-interest-monetary-policy

Members of the establishment are trying to seize on Trump’s recent frustrations with Putin to act like they’ve been right all along that the Russian president cannot be reasoned with. In truth, the difficult situation Trump finds himself in is almost entirely their fault.

Read the article here: https://mises.org/mises-wire/why-ending-war-ukraine-so-difficult-now

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

The Trump White House has enacted tariffs in the belief that other countries are “cheating” by enacting tariffs against US goods and “manipulating” their currencies. However, with the US dollar being the world's reserve currency, the US has engaged in dollar manipulation through inflation.

Original article: https://mises.org/mises-wire/mmt-and-us-history-redefining-chartalism

Mainstream economists define inflation as the increase in an imaginary “price level” that is relatively neutral in its effects. Austrian economists, however, know better, as they realize that the effects of inflating the money supply are anything but neutral.

Original article: Inflation: Looking Beyond Aggregates

The transatlantic slave trade from Africa is a well-known chapter in the history of slavery in the Western Hemisphere, but much lesser known is the enslavement of Native Americans. Many of them were shipped to plantations in the Caribbean where they were worked to death.

Original article: Enslavement of Native Americans in the Caribbean

The transatlantic slave trade from Africa is a well-known chapter in the history of slavery in the Western Hemisphere, but much lesser known is the enslavement of Native Americans. Many of them were shipped to plantations in the Caribbean where they were worked to death.

Original article: Truth or Consequences

Amtrak is always on the verge of reviving intercity rail traffic in the US, or at least that is what politicians want us to believe. The truth is that the case for defunding Amtrak has never been stronger.

Original article: Why Elon Musk Is Right: The Case Against Subsidizing Amtrak

William Nordhaus coined the term “political business cycle” a half-century ago. The idea was that government authorities, particularly the central bank, would manipulate the economy to correspond with election cycles, a practice that continues to this day.

Original article: The Political Business Cycle 50 Years Later

Ours in an age when people panic, sometimes for good reasons but often for bad. Governments benefit from panicked citizenry, which is why we always should question those political decisions that can turn our lives upside down.

Original article: Don’t Be A Panican, But Question Government Shenanigans

A free market economy does not generate jobs or money. Instead, it creates wealth through exchange and production. Government intervention, contrary to what mainstream economists believe, does not enhance wealth, but instead destroys it.

Original article: Wealth Generation and the Market Economy

We know what happened on November 22, 1963, at Dealey Plaza in Dallas, but there is a lot about that terrible day we don't know. But we also know that President Kennedy challenged the National Security State. Did it cost him his life?

Original article: https://mises.org/mises-wire/jfk-and-burden-proof

From Reconstruction to George Floyd, the left‘s guilt industry has run at full speed. As Murray Rothbard wrote, it is time to stand up to those that use guilt as a social weapon.

Original article: https://mises.org/mises-wire/politics-guilt

Thanks to the endless “War Against Terror,” the US Government promoted methods of torture, including some borrowed from the sadistic torturers of the former Soviet Union. Congress stood by and let it happen.

Original article: https://mises.org/mises-wire/we-never-got-torture-congress

The Trump administration has pursued a high tariff policy, reversing the movement to lower trade barriers around the world. The justification for this policy is the presence of trade deficits with other nations. However, what if US trade deficits don't matter?

Original article: https://mises.org/mises-wire/what-rationale-behind-current-us-tariff-policy

While no one is accusing egg producers of colluding or price-fixing, from an economic standpoint, it certainly could be happening either by design or incidentally.

Original article: https://mises.org/power-market/how-high-egg-prices-may-resemble-high-opec-cartel-oil-prices

There are numerous critics of free markets. However, all of those critics also are consumers and they gladly depend upon free markets to satisfy their needs.

Original article: https://mises.org/mises-wire/why-haters-free-markets-love-fruits-free-markets

Bob takes a close look at Oren Cass’s recent appearance on Tucker Carlson, where Cass argued for free trade to a skeptical conservative audience. Bob unpacks Cass’s arguments about tariffs, comparative advantage, and trade deficits—not to attack, but to clarify. Using classical and Austrian economics, Murphy shows why U.S. economic malaise can’t be solved with tariffs, but also why dismissing Cass’s concerns outright is a strategic and economic mistake.

This week, interest rates spiked as Trump's spending problem convinced investors they want higher yields for trillions of new federal debt.

Be sure to follow the Loot and Lobby podcast at Mises.org/LL

In this episode, Mark Thornton discusses The Triumph of Economic Freedom: Debunking the Seven Great Myths of American Capitalism, the new book by Senator Phil Gramm and Professor Donald J. Boudreaux.

Mark reflects on the persistent misconceptions about capitalism in America and offers up a "Marxist interpretation" of our dilemma. He explores how entrenched ideologies shape the way information is presented, the influence of state actors on education and media, and the ways in which these forces skew perceptions of economic history. Ultimately, Mark argues for a more critical and evidence-based approach to understanding capitalism.

Why do cultures degenerate? At the recent Natal Conference, Robin Hanson cites biological and evolutionary factors. However, if one looks to Mises and the Austrians, we look squarely at human action that begins with the human mind and purposeful action.

Original article: https://mises.org/mises-wire/culture-degeneration-biological-or-ideological

France is facing critical shortages of a number of drugs, and one need look no further for a cause than a price control regime. Naturally, the French media and government blame capitalism and look to double down on the intervention that has causes this crisis.

Original article: https://mises.org/mises-wire/price-controls-and-drug-shortages-france-textbook-case-evils-interventionism

Biden's hidden illness, Trump's surprise foreign-policy pivot, and America's bond meltdown.

Welcome to the inaugural episode of the Power & Market Podcast, a weekly news recap from the Mises Institute’s editorial team.

This week, join Ryan McMaken, Tho Bishop, and Connor O'Keeffe as they unpack the political theatrics behind Biden’s health cover-up, explore emerging cracks in America’s financial foundations, and break down Trump's provocative Riyadh speech. Are bond vigilantes finally waking up, and what's next for the economy?