Audio recordings of Mises Wire articles, offering contemporary news and opinion through the lens of Austrian economics and libertarian political economy.
Robert Reich is an economic fallacy machine, and he has begun a ten-week series in which he claims to debunk economic myths. Of course, to do so, he has to create economic myths and present them as factual.Original Article: Debunking Robert Reich’s Debunking
One of the great myths of US history is that Herbert Hoover was a laissez-faire president. In truth, he intervened in the economy more than any of his predecessors, creating the crisis known as the Great Depression. His successor made things even worse.Original Article: Navigating the Slippery Slope: How Hoover’s Interventions Paved the Way for the Great Depression
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Bureaucracy and Grove City College: How One College...
Today we are featuring the winning essays in the Student Essay Contest for undergraduates at the Austrian Economics Research Conference.Original Article: Bureaucracy and Grove City College: How One College Resisted the Bureaucratization of Higher Education
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Federal Judges Co-Opted America's State Constitutions
In the early republic, debates over constitutional rights were centered on state bills of rights. But, over time the state charters were gradually co-opted by federal judges and courts.Original Article: Federal Judges Co-Opted America's State Constitutions
Today we are featuring the winning essays in the Student Essay Contest for undergraduates at the Austrian Economics Research Conference.Original Article: A Tale of Two Bureaucracies
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Looking Back at the Crossroads: Liberty or Socialism
Today we are featuring the winning essays in the Student Essay Contest for undergraduates at the Austrian Economics Research Conference.Original Article: Looking Back at the Crossroads: Liberty or Socialism
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California’s Latest Hustle: Utility Bills Based on...
California’s legislature wants to combine the idea of two-part price discrimination with a soak-the-rich mentality in charging for utilities. What possibly could go wrong?Original Article: California’s Latest Hustle: Utility Bills Based on Ratepayers' Income
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The Swiss National Bank vs. the Federal Reserve: The...
Do you like your central bank capital positive or negative? The Fed is bankrupt, but even after taking recent losses, the Swiss National Bank still has positive capital.Original Article: The Swiss National Bank vs. the Federal Reserve: The Fed's Capital Losses in Perspective
Once again, Congress is threatening to ban TikTok over “national security concerns.” But as long as Washington continues its unnecessary and provocative posturing around China’s coasts, Americans will never be safe.Original Article: Banning TikTok Will Not Make Americans Safer
In his review of The Political Thought of David Hume: The Origins of Liberalism and the Modern Political Imagination, David Gordon examines systems of ethical norms. The Misesians have the best insights, of course.Original Article: Protectionism Doesn't Decrease "Food Insecurity"; It Increases It
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From Athens to Vienna: Understanding a System of Ethics
In his review of The Political Thought of David Hume: The Origins of Liberalism and the Modern Political Imagination, David Gordon examines systems of ethical norms. The Misesians have the best insights, of course.Original Article: From Athens to Vienna: Understanding a System of Ethics
In a new book, The Natural Order of Money, Roy Sebag argues that money is the "extension of the natural order," and that it is not arbitrary.Original Article: Sebag and Natural Money
While Connecticut authorities call on "experts" to help them quell the state's housing shortage, they fail to consider the policies that have caused it.Original Article: Connecticut’s Housing Shortage Is Rooted in Government Policies
As the government expands the reach of civil rights law, one of the casualties is the presumption of innocence. The new rule seems to be “guilty until proven guilty.”Original Article: The Presumption of Innocence Is under Attack
While modern India is known for adopting socialism in the 1940s, it has an older tradition of free markets. It is time to rediscover that tradition.Original Article: Wealth, Wisdom, and Prosperity: The Ancient Capitalist Tradition of India
When people say that “socialism doesn’t work,”what do they mean? To better examine and critique socialism, one should apply the socialists’framework, which is alone worthy of condemnation.Original Article: For Socialists, It Doesn't Matter if Socialism "Works." What Matters Is Power.
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The Folly of Rent Control in New York City (Again)
New York City’s government has imposed draconian rent controls. The natural outcome, as economists note, has been massive shortages, as apartment owners no longer have an incentive to rent empty apartments.Original Article: The Folly of Rent Control in New York City (Again)
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Separating Information from Disinformation: Threats...
While fears that AI will morph into something like the Terminator and try to destroy the world, the real threat from AI is that the authorities will use it to produce propaganda and public lies.Original Article: Separating Information from Disinformation: Threats from the AI Revolution
The right to be able to enter into contracts with others is fundamental to free markets and a free society. That means people should be able to engage in discrimination.Original Article: Free Markets and the Antidiscrimination Principle
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Be on the Lookout for These Lies in Biden’s State of...
In his State of the Union speech Thursday, President Biden will claim the economy is growing—and that his administration will “crack down” on corporate greed. He will not address the damage his administration has done to the economy.Original Article: Be on the Lookout for These Lies in Biden’s State of the Union Address