Podcast Mises Institute

Presented at the "Keynes and Keynesianism" seminar in Harvard Square, Massachusetts, on April 29, 1989. Sponsored by the Mises Institute.Bởi Mises Institute

Patrick Newman is a fellow at the Mises Institute who have just published his new book. He talks about Rothbard's approach to history, whether the US revolution was libertarian, and the proper way to interpret Andrew Jackson.Find links mentioned in this episode at https://mises.org/BMS224Bởi Mises Institute

Biden's team is dominated by liberal internationalists, and just as their aggressive approach to China is the wrong one to take in the Indo-Pacific, it has long been counterproductive in eastern and southern Europe.Original article: https://mises.org/wire/its-time-us-stop-courting-conflict-russiaThis Audio Mises Wire is generously sponsored by Chri…

The fact that various electronic money transfers are taking place does not mean that we do not require cash any longer. On the contrary, the fact that the cash exists enables those transfers to take place.Original article: https://mises.org/wire/going-cashless-isnt-easy-it-seemsThis Audio Mises Wire is generously sponsored by Christopher Condon. Na…

If there’s one political fight worth seeing through, it’s the crusade against government schooling. Many parents in Virginia may have started to see just how important the fight has become.Original article: https://mises.org/wire/virginia-elections-showed-some-parents-are-seeing-how-bad-government-schools-really-areThis Audio Mises Wire is generous…

Vaccine mandates are not a new invention, and states have long pushed a narrative exaggerating the success of mandates in the past.Original article: https://mises.org/wire/smallpox-historical-myths-behind-mandatory-vaccinesThis Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.…

Ceaseless flux. Those are words Ludwig von Mises used to describe the perpetual change in business conditions that entrepreneurs experience. The consequent need, he told us, is for a process of constant adjustment. The current word for that process is adaptation. Economics For Business talks to Luca Dellanna, a leading business expert who advises c…

While 9/11 is mainly forgotten, a deafening trumpet announces the presence of other supposed crises, such as covid and climate change. The Leviathan is now excited and encouraged by the possibilities of new rules and new IDs.Original Article: https://mises.org/wire/real-id-means-real-leviathanThis Audio Mises Wire is generously sponsored by Christo…

According to the Marxists and their fellow travelers, inflation is good because it transfers wealth from creditors to debtors, and debtors are "the 99 percent." But inflation doesn't work that way. Original Article: https://mises.org/wire/no-inflation-not-good-youThis Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Micha…

DET RÅDER REGERINGSKRIS! Samhället stannar såklart omedelbart och medborgarna står lamslagna i sin vardag. Eller inte? För oss som kan se skilja på politik och civilsamhälle ökar inte pulsen nämnvärt. Istället kan vi fundera en stund på vad staten faktisk erbjuder oss; försäkringspaket (välfärd, rättssäkerhet) levererat via konsulter (politiker). S…

Garet Garrett was among the most important figures from the literary, political, and laissez-faire economic traditions of the Old Right, but his name is hardly known today. In 1938 he penned "The Revolution Was," a remarkable essay about FDR's revolutionary New Deal and, more importantly, how it was accomplished. FDR's revolution had already happen…

The field of medical care is so ripe for new entrepreneurial solutions. As is always the case, solution design begins with understanding subjective value, both for customers (patients) and providers (doctors) Christopher Habig of Freedom Healthworks joins Economics For Business to explain how an Austrian, subjective-value focused approach is bringi…

It never ends well: to clean up mountains of bad debts, the Chinese regime has employed debt-for-equity schemes that could leave countless ordinary investors in deep trouble.Original article: https://mises.org/wire/will-next-skyscraper-curse-be-found-digital-worldThis Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Micha…

Our largest skyscrapers exist no longer physically, but in a world of ones and zeroes. The most groundbreaking technology projects springing from malinvestment may be digital the next time around.Original article: https://mises.org/wire/will-next-skyscraper-curse-be-found-digital-worldThis Audio Mises Wire is generously sponsored by Christopher Con…

An additional—and quick—$1 trillion spending boost in energy-intensive and material consuming industries is likely to create new problems in terms of inflation and supply shortages.Original article: https://mises.org/wire/bidens-infrastructure-plan-points-even-more-price-inflationThis Audio Mises Wire is generously sponsored by Christopher Condon. …

What would the effect of a 100% vaccination rate be on the virus? Contrary to claims, the virus will not disappear. The next outbreak would occur within a year with 100% breakthrough cases with a vaccine-resistant strain.Original article: https://mises.org/wire/why-bidens-vaccine-mandate-hasnt-delivered-promised-resultsThis Audio Mises Wire is gene…

Support for federal conscription is contrary to principles of decentralization or a "limited republic." Early Americans would have viewed this Jacobin-inspired scheme with dismay and fear.Original article: https://mises.org/wire/military-conscription-tool-centralization-state-building-and-despotismThis Audio Mises Wire is generously sponsored by Ch…

"Medan en traditionella auktoritär stat snarare stoltserar med sin makt, döljer den terapeutiska staten sin auktoritära ambition bakom en mjuk och välvillig fasad."https://www.mises.se/2021/11/08/smygande-totalitarism-i-den-terapeutiska-staten/Bởi mises.se: österrikisk ekonomi, frihet, historia,

Är anarkokapitalism science fiction eller en verklighet? Andreas filosoferar. https://www.mises.se/2021/11/08/smygande-totalitarism-i-den-terapeutiska-staten/Bởi mises.se: österrikisk ekonomi, frihet, historia,

The US military's turn to "wokeness" is a result of decades of high military spending and public deference toward military "experts." That gave us a military that is overfunded and highly political.Original Article: https://mises.org/wire/fat-comfortable-military-woke-militaryThis Audio Mises Wire is generously sponsored by Christopher Condon. Narr…

Pursuing one’s dreams without a degree requires more self-discipline than serving four years on campus. One of Nietzsche’s best lines offers a warning: “He who cannot obey himself will be commanded.”Original Article: https://mises.org/wire/college-worthwhile-two-time-dropouts-takeThis Audio Mises Wire is generously sponsored by Christopher Condon. …

The Nigerian central bank uses all the same tools as other central banks. And it uses them a lot.Original Article: https://mises.org/wire/how-nigerias-central-bank-inflates-money-supplyThis Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.Bởi Mises Institute

Tho Bishop, guest-hosting A Neighbor's Choice, interviews Jonathan Newman, author of The Broken Window.Tho and Jonathan discuss the supposedly transitory aspect of inflation, the overshadowing of economics by central planning, Keynesian economics, and more.Purchase The Broken Window online at Mises.org/BWindow.…

China's industrial policy has been marked by many failures and few successes. Rather, China's real growth has been fueled by the regime's limited turn to markets. Original Article: https://mises.org/wire/industrial-policy-aka-central-planning-wont-make-america-greatThis Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Mic…

In an economy where the ruling party controls enormous portions of the economy, attempts to redistribute some of that state-owned wealth isn't necessarily a move against the private sector.Original Article: https://mises.org/wire/cronyism-not-welfare-chinas-big-problemThis Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by …

After the Lehman collapse, Wall Street learned nothing. In fact, Wall Street instead embraced Too Big to Fail which means the financial sector is more dependent on government than ever before. Original Article: https://mises.org/wire/thanks-bailouts-wall-street-banks-are-more-fragile-everThis Audio Mises Wire is generously sponsored by Christopher …

We have today a hybrid of two forms of banking — loan banking (non-inflationary) and deposit banking (inflationary if not 100% reserve holdings). The cause of booms is the credit expansion by central banks that is not backed by pools of private savings.The longer the inflation-driven boom continues, the worse the inevitable clearing bust must be. A…

In the history of money, bartering was awkward because wants were not divisible. Direct exchange depended upon a double coincidence of wants. Demand for a medium of exchange grew until a general medium of exchange emerged, like gold and silver.A medium of exchange should display these characteristics: must be generally acceptable, widely demanded f…

Competition can mean rivalry or freedom. All firms must serve the preferences of consumers in order to exist. Monopoly has historically been an artificial privilege granted by the state.Monopolies do not last for long in free markets unless maintained by government interventions. Antitrust policies were generally not demanded by consumers, but crea…

Time preference says that individuals prefer satisfaction now to later, present to future. This explains the loan market. In the structure of production, the capitalist pays wages now, despite the fact that he himself does not get paid until the final stage when the product actually comes to market.Consumption, saving, investment and spending occur…

Causal-realist analysis allows imaginary constructs like the ERE — Evenly Rotating Economy — in order to isolate certain factors like interest. There would be no profit or loss in the ERE, because those can only exist under conditions of uncertainty.Klein explains profit as a category, not a line item. The entrepreneur’s function is to experiment w…

Factors of Production are economic goods: scarce means used to achieve an individual’s ends. They are land, labor and capital. Each is examined. Incomes are earned by factor owners as production takes place. There is no separated production and distribution.Consumer goods and producer goods are subjectively determined by how they are used.Factor pr…

As with all government intervention, price controls do not achieve what their originators think they will. Trying to maintain a supply of milk by putting a price control on it will cause shortages, which are the very situations the price manipulators said they wanted to avoid.Rent control seems great to the snug renter, but it will assure that no n…

What determines market prices? Buyers and sellers must know of feasible trades. They can learn from their mistakes. They prefer higher profits to lower profits. They think in discreet terms. Both participants win in market exchanges.Prices allocate resources to their highest uses. It is welfare-maximizing in any meaningful way. Prices are signals. …

In this introduction to the basics of Austrian-school economic analysis, Joseph Salerno introduces a number of basic concepts including utility, exchange, psychic cost, choice, value, and marginal utility. He also introduces a number of important topics such as Crusoe economics and the water-diamond paradox. Salerno lays the foundation for this ser…

All action is really exchange. What the actor prefers less is exchanged for something he prefers more, including gift giving. It is a fallacy to say that the goods exchanged have equal value.Salerno also covers elastic and inelastic demand.The second in a series of ten lectures, from Fundamentals of Economic Analysis: A Causal-Realist Approach.Reco…

In an age of growing productivity and technological advancement, goods would be getting cheaper every year. This is a reason why price inflation rises more slowly than money supply inflation.Original Article: https://mises.org/wire/free-economy-prices-would-be-going-down-notThis Audio Mises Wire is generously sponsored by Christopher Condon. Narrat…

Nedmontering av fyra ekonomiska myter i österrikisk anda av Robert Murphy.https://www.mises.se/2021/11/14/fyra-myter-om-pengar-som-maste-do/Bởi mises.se: österrikisk ekonomi, frihet, historia,

Vaccine mandates are much easier to enforce thanks to the spread of government spending, government contracting, and monopolized government services.Original Article: https://mises.org/wire/employer-vaccine-mandates-when-feds-pay-piper-they-call-tuneThis Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.…

China’s real estate problems are three: the massive size of the sector, its excessive leverage, and the amount of developer debt in the hands of average households and retail investors.Original Article: https://mises.org/wire/why-chinas-property-bubble-big-dealThis Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael …

This week's show features a panel discussion recorded in late October at our annual Supporters Summit. Panelists Ryan McMaken, Jeff Deist, Mike Maharrey, and Tho Bishop lay out real strategies for achieving decentralization. Includes an introduction by Joey Clark. Recorded in St. Petersburg, Florida on October 22, 2021.…

Featuring Peter Klein, Per Bylund, and Hunter Hastings,Recorded in St. Petersburg, Florida on October 22, 2021.The weekend revolves around a discussion of strategy. Nearly 25 years ago, Professor Hans-Hermann Hoppe delivered his famous "What Must Be Done" speech on the pressing topic of how—and whether—to engage the state. Today his prescription fo…

Featuring Thomas E. Woods, Jr., Katie Phipps Hague, and Joe Becker.Recorded in St. Petersburg, Florida on October 22, 2021.The weekend revolves around a discussion of strategy. Nearly 25 years ago, Professor Hans-Hermann Hoppe delivered his famous "What Must Be Done" speech on the pressing topic of how—and whether—to engage the state. Today his pre…

The new proposal is framed as a tax on the ultrarich. The same was true of the new income tax in 1913. If given the power to tax unrealized gains, expect the feds to expand the tax to ordinary people.Original Article: https://mises.org/wire/madness-taxing-unrealized-capital-gainsThis Audio Mises Wire is generously sponsored by Christopher Condon. N…

McAuliffe could not dissociate himself entirely from national politics because he was a national Democratic figure closely allied to the Clintons for decadeOriginal Article: https://mises.org/power-market/paul-gottfried-virginia-electionThis Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.…

Our aim ought not to be to make democracy “work better” but to use revelations of corruption as a tool to question altogether its value as a political and social system of organization.Original Article: https://mises.org/wire/how-media-and-tech-elites-seized-control-electionsThis Audio Mises Wire is generously sponsored by Christopher Condon. Narra…

Featuring Sandy Klein, Patrick Newman, and Kimberly Johnson.Recorded in St. Petersburg, Florida on October 22, 2021.The weekend revolves around a discussion of strategy. Nearly 25 years ago, Professor Hans-Hermann Hoppe delivered his famous "What Must Be Done" speech on the pressing topic of how—and whether—to engage the state. Today his prescripti…

Francis should note that the move toward freer markets, in India and China especially, resulted in the huge reduction in extreme poverty we have witnessed over the last few decades.Original Article: https://mises.org/wire/pope-francis-blames-capitalism-world-hunger-yet-againThis Audio Mises Wire is generously sponsored by Christopher Condon. Narrat…

Internationalism in the interpretation of libertarian philosophy and Marxist doctrine are two completely different concepts. One is a natural outcome of human cooperation. The other is pure myth. Original Article: https://mises.org/wire/marxism-versus-libertarianism-two-types-internationalismThis Audio Mises Wire is generously sponsored by Christop…

In many ways, the American war crimes of Korea and Vietnam were a continuation of American military conduct in the Civil War and during the Indian wars. Original Article: https://mises.org/wire/historical-origins-modern-american-war-crimesThis Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.…