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Audio Mises Wire

Audio recordings of Mises Wire articles, offering contemporary news and opinion through the lens of Austrian economics and libertarian political economy.

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Simple Counters to Simplistic Critiques of Austrian...

Audio Mises Wire ·

2024/10/23

Critics of Austrian economics often claim that real economic events are too complex to be dealt with via free markets. However, because Austrian economics is based upon understanding human action, it better explains why economic intervention routinely fails.Original article: Simple Counters to Simplistic Critiques of Austrian Economics

Hayek on the Welfare State

Audio Mises Wire ·

2024/10/20

While F.A. Hayek contributed much to the Austrian School of Economics, he also supported the establishment of the welfare state, believing that it was compatible with the rule of law. Ludwig von Mises, however, knew that the welfare state is the ubiquitous slippery slope.Original article: Hayek on the Welfare State

What is Old School Economics?

Audio Mises Wire ·

2024/10/20

When people speak of “old school economics,” they generally mean the application of economic thinking that involves what we might call “common sense.” That would include permitting a price system to work, protecting private property, and so on. But there is more.Original article: What is Old School Economics?

Yes, Car Seat Laws Reduce the Birth Rate

Audio Mises Wire ·

2024/10/20

Thanks to increasingly broad car-seat laws, a third child often requires the purchase of a larger, more expensive vehicle. At the margins, this has an effect on fertility.Original article: Yes, Car Seat Laws Reduce the Birth Rate

Can the State be Justified?

Audio Mises Wire ·

2024/09/24

The common belief regarding state power is that it is always justified and there can be no questioning the state's existence. But is that true? Does state power conform to natural law or is it imposed upon subjected people?Original article: Can the State be Justified?

Rothbard on Liberty and Free Will

Audio Mises Wire ·

2024/09/09

Modern egalitarians play down the idea of free will, claiming that free will is relevant only if individuals have no interference with their choices. Murray Rothbard, on the other hand, recognized that self-ownership and one's ability to engage in reason is enough to recognize free will.Original article: Rothbard on Liberty and Free Will

The Euro Is a Frankenstein-Currency

Audio Mises Wire ·

2024/09/09

It may not have been created in the lab of a mad scientist, but the euro is still a manufactured, cobbled-together currency made from a number of national monetary units. Indeed, it is the perfect Frankenstein currency.Original article: The Euro Is a Frankenstein-Currency

The Wisdom of Herbert Butterfield

Audio Mises Wire ·

2024/09/09

Herbert Butterfield, who taught history at Cambridge, had many insights on the sea changes brought about by World War I and the collapse of the Old World Order. The new order that followed, he realized, was not an improvement over what previously existed.Original article: The Wisdom of Herbert Butterfield

How Corporate Bailouts Inflate the Money Supply

Audio Mises Wire ·

2024/07/28

Continued bailouts undermine the entire economy by rewarding financial failure and discouraging productive economic activity.Original Article: How Corporate Bailouts Inflate the Money Supply

Government regulation of competitive firms creates...

Audio Mises Wire ·

2024/07/28

Economic mythology said governments must regulate markets to prevent monopolies. In reality, it is the government regulation itself that creates monopolies, which do not emerge in free markets.Original Article: Government regulation of competitive firms creates monopolies

The Limitations of Economic Laws

Audio Mises Wire ·

2024/07/28

Economic laws represent the real world. They are not ideologies or objects of worship. These laws are not the product of an ideological wish list but rather explain production and exchange.Original Article: The Limitations of Economic Laws

Fear is the mind killer: America’s dangerous...

Audio Mises Wire ·

2024/07/28

Commonsense safety measures are being replaced in our working culture by an impossible “no risk” standard. A culture of “can do” is replaced by the culture of fear.Original Article: Fear is the mind killer: America’s dangerous obsession with ‘safety’

Natural rights and the American border

Audio Mises Wire ·

2024/07/28

Issues of immigration are complex. The current system of open borders, detention and expanding access to welfare is destructive to our body politic. We need to come up with a better system that protects the rights of all.Original Article: Natural rights and the American border

Reality Is NOT a Social Construct

Audio Mises Wire ·

2024/07/18

Academic elites claim that there is no objective truth, only social constructs. Thus, people can create their own reality in many areas, and everyone else is expected to accept whatever “reality” is presented—or face serious consequences.Original Article: Reality Is NOT a Social Construct

Milei Snubs the Spanish Political Establishment

Audio Mises Wire ·

2024/07/18

Javier Milei’s recent “snub” of Spain's political establishment during a recent visit there may have been a “violation” of diplomatic protocol, but it also was a statement that Spain’s socialism itself is uncivilized.Original Article: Milei Snubs the Spanish Political Establishment

Julian Assange, the Chevron Doctrine, and the case...

Audio Mises Wire ·

2024/07/18

Last week, Julian Assange was freed and the Chevron doctrine was overturned. These are huge wins for liberty. Not long ago, they felt completely out of reach.Original Article: Julian Assange, the Chevron Doctrine, and the Case against Pessimism

From Milk Runs to MAD to Madness

Audio Mises Wire ·

2024/07/18

It has been nearly eighty years since the US used atomic warfare on Japan as a way to end World War II. The legacy of that event is not one of peace but of outright madness.Original Article: From Milk Runs to MAD to Madness

Varying Interpretations of Truth, or Truth as a...

Audio Mises Wire ·

2024/07/18

As the progressive Left expands its occupation of our institutions, the concept of truth itself becomes little more than a weapon to utilize to achieve political goals.Original Article: Varying Interpretations of Truth, or Truth as a Social Construct

Bureaucracy: The Death Knell of Higher Education

Audio Mises Wire ·

2024/07/18

Many small colleges are shutting their doors, and it is largely the fault of overexpansion, government protectionism, and bureaucratic infiltration.Original Article: Bureaucracy: The Death Knell of Higher Education

Human Ignorance Is an Unstable Basis for Liberty and...

Audio Mises Wire ·

2024/07/18

While F.A. Hayek saw human ignorance as the basis for what he called spontaneous order, Ludwig von Mises saw human reason as the basis for praxeology.Original Article: Human Ignorance Is an Unstable Basis for Liberty and Praxeology

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