https://mises.org/ en Wed, 27 May 26 12:02:17 -0500 https://mises.org/podcasts/audio-mises-wire/two-economies As I see it now, there are really two economies—two distinct systems of producing and exchanging wealth. Or rather, two systems that purport to do these things. Wed, 27 May 2026 01:11:04 CDT Joseph Sobran https://mises.org/podcasts/audio-mises-wire/two-economies https://mises.org/power-market/ron-paul-wins-hayek-medal-2026-message-moderate-classical-liberals-and-hardcore-libertarians Dr. Ron Paul has received the Hayek Medal 2026, the highest honor awarded by the German Hayek Society at its annual conference that took place in Münster from May 22 to 23. Wed, 27 May 2026 01:00:00 CDT Karl-Friedrich Israel https://mises.org/power-market/ron-paul-wins-hayek-medal-2026-message-moderate-classical-liberals-and-hardcore-libertarians https://mises.org/podcasts/audio-mises-wire/public-goods-circular-argument Public goods theory often assumes what it seeks to establish, namely, that the state is the indispensable precondition of production, even though the state itself depends upon prior production for every resource it possesses. Wed, 27 May 2026 11:26:02 CDT Joshua Mawhorter https://mises.org/podcasts/audio-mises-wire/public-goods-circular-argument https://mises.org/podcasts/audio-mises-wire/when-our-word-no-longer-good The White House leaks that a deal is almost done. Markets surge. Insiders profit. The deal collapses. Repeat. Now the markets barely move. Nobody believes it anymore. A government that cries wolf this many times eventually finds itself alone. Wed, 27 May 2026 08:45:57 CDT Ron Paul https://mises.org/podcasts/audio-mises-wire/when-our-word-no-longer-good https://mises.org/power-market/kraken-financial-more-bank-bank Kraken Financial creates a 100% full-reserve warehouse model. But this poses a direct threat to the fractional-reserve system. Wed, 27 May 2026 07:49:24 CDT Robert Aro https://mises.org/power-market/kraken-financial-more-bank-bank https://mises.org/podcasts/audio-mises-wire/democracys-road-tyranny The popular pastime of modern democracies of punishing the diligent and thrifty, while rewarding the lazy, improvident, and unthrifty, is cultivated via the State, fulfilling a demo-egalitarian program based on a demo-totalitarian ideology. Wed, 27 May 2026 07:31:12 CDT Erik von Kuehnelt-Leddihn https://mises.org/podcasts/audio-mises-wire/democracys-road-tyranny https://mises.org/mises-wire/who-owns-airwaves-and-sea For too long, people have thought of the airwaves and waterways as “public” property that is best controlled by government. However, Murray Rothbard and others held that one could apply the institution of private property to both. Wed, 27 May 2026 06:02:21 CDT Thiago V. S. Coelho https://mises.org/mises-wire/who-owns-airwaves-and-sea https://mises.org/mises-wire/public-goods-circular-argument Public goods theory often assumes what it seeks to establish, namely, that the state is the indispensable precondition of production, even though the state itself depends upon prior production for every resource it possesses. Wed, 27 May 2026 12:02:17 CDT Joshua Mawhorter https://mises.org/mises-wire/public-goods-circular-argument https://mises.org/podcasts/audio-mises-wire/big-apples-woes-are-not-just-result-one-election Mamdani’s election is not the cause of economic decline. Instead, New York City’s slide into chaos has been ongoing for many years, and Mamdani promises to make things even worse. Tue, 26 May 2026 02:22:35 CDT Gregory Bresiger https://mises.org/podcasts/audio-mises-wire/big-apples-woes-are-not-just-result-one-election https://mises.org/notes-margin/ryan-mcmaken-and-ron-paul-featured-john-stossels-america-250 Tue, 26 May 2026 01:30:00 CDT https://mises.org/notes-margin/ryan-mcmaken-and-ron-paul-featured-john-stossels-america-250 https://mises.org/power-market/rip-antony-mueller Over the weekend, Mises Institute Associated Scholar Antony Mueller passed away. Tue, 26 May 2026 11:00:00 CDT Tho Bishop https://mises.org/power-market/rip-antony-mueller https://mises.org/mises-wire/big-apples-woes-are-not-just-result-one-election Mamdani’s election is not the cause of economic decline. Instead, New York City’s slide into chaos has been ongoing for many years, and Mamdani promises to make things even worse. Tue, 26 May 2026 09:02:16 CDT Gregory Bresiger https://mises.org/mises-wire/big-apples-woes-are-not-just-result-one-election https://mises.org/notes-margin/rip-antony-muller-longtime-austrian-school-economist-passes-away Antony was a longtime friend of the Mises Institute and always a solid contributor to Mises.org. Tue, 26 May 2026 09:00:00 CDT https://mises.org/notes-margin/rip-antony-muller-longtime-austrian-school-economist-passes-away https://mises.org/podcasts/audio-mises-wire/murray-rothbard-war-and-isolationism Remembering Murray Rothbard on our imperialistic wars: "The true principle of isolationism is that the government should be isolated and people who trade, interchange, and engage in voluntary travel, migration, and so forth should be allowed to peacefully do so." Tue, 26 May 2026 08:17:57 CDT Murray N. Rothbard https://mises.org/podcasts/audio-mises-wire/murray-rothbard-war-and-isolationism https://mises.org/mises-wire/would-oil-bring-resource-curse-jamaica The possibility that there may be offshore oil deposits in Jamaica has brought some to say that finding oil would actually be harmful to the nation’s economy and social fabric. Jamaican Lipton Matthews takes issue with that claim. Tue, 26 May 2026 06:02:27 CDT Lipton Matthews https://mises.org/mises-wire/would-oil-bring-resource-curse-jamaica https://mises.org/power-market/when-our-word-no-longer-good Tue, 26 May 2026 06:00:00 CDT Ron Paul https://mises.org/power-market/when-our-word-no-longer-good https://mises.org/notes-margin/jd-vance-considering-abandoning-2028-presidential-run He now basically supports the opposite of every position he campaigned on. So it would be interesting to see him now campaign on the claim that "THIS time I'm not lying." Tue, 26 May 2026 03:20:00 CDT https://mises.org/notes-margin/jd-vance-considering-abandoning-2028-presidential-run https://mises.org/mises-wire/why-egalitarianism-persists Murray Rothbard knew that egalitarianism always resulted in policy disaster. Egalitarians, he said, should be forced to justify their egalitarian demands. Tue, 26 May 2026 12:02:32 CDT Wanjiru Njoya https://mises.org/mises-wire/why-egalitarianism-persists https://mises.org/mises-wire/does-demand-create-supply Mainstream economists believe that if government increases spending and injects new money into the economy, then productive wealth will follow. Austrian economists would like to differ. Mon, 25 May 2026 09:03:37 CDT Frank Shostak https://mises.org/mises-wire/does-demand-create-supply https://mises.org/mises-wire/murray-rothbard-war-and-isolationism Remembering Murray Rothbard on our imperialistic wars: "The true principle of isolationism is that the government should be isolated and people who trade, interchange, and engage in voluntary travel, migration, and so forth should be allowed to peacefully do so." Mon, 25 May 2026 06:02:19 CDT Murray N. Rothbard https://mises.org/mises-wire/murray-rothbard-war-and-isolationism https://mises.org/mises-wire/wicked-witch-eccles-hates-sound-money The Federal Reserve might be experiencing a change of leadership, but the process of currency debasement that began more than a century ago continues. Mon, 25 May 2026 12:02:18 CDT George Ford Smith https://mises.org/mises-wire/wicked-witch-eccles-hates-sound-money https://mises.org/podcasts/loot-and-lobby/price-inflation-getting-worse Even the federal government's official data shows that price growth is well above the Federal Reserve's two-percent target. In fact, price inflation is now at multi-year highs, and there is good reason to think this will continue. Sat, 23 May 2026 12:14:22 CDT Ryan McMaken https://mises.org/podcasts/loot-and-lobby/price-inflation-getting-worse https://mises.org/podcasts/minor-issues/war-easy-money-and-working-class-squeeze Record-low consumer confidence and record-strong corporate earnings aren’t a paradox: they’re the Cantillon effect in real time. Mark Thornton explains who inflation rewards, who it crushes, and what comes next. Sat, 23 May 2026 06:02:11 CDT Mark Thornton https://mises.org/podcasts/minor-issues/war-easy-money-and-working-class-squeeze https://mises.org/mises-wire/misess-theory-nations-applied-immigration-and-borders Ludwig von Mises had many insights about immigration. As one might expect, he foresaw problems with open borders, but also believed immigration could benefit a nation. Sat, 23 May 2026 12:02:16 CDT Rhesa Browning https://mises.org/mises-wire/misess-theory-nations-applied-immigration-and-borders https://mises.org/mises-wire/schumpeterian-analysis-eurobond-scandal-through-rothbards-cui-bono Murray Rothbard famously asked Cui bono? to help unearth government scandals. Kenya’s politicians certainly benefitted from the Eurobond affair. Sat, 23 May 2026 12:02:17 CDT George Omondi Ojwang’ https://mises.org/mises-wire/schumpeterian-analysis-eurobond-scandal-through-rothbards-cui-bono https://mises.org/podcasts/audio-mises-wire/us-constitution-now-suicide-pact Historically, many sovereign states have granted separatist cultural and ideological groups political autonomy as a means of avoiding full secession. The US legal system prevents this. Fri, 22 May 2026 05:33:31 CDT Ryan McMaken https://mises.org/podcasts/audio-mises-wire/us-constitution-now-suicide-pact https://mises.org/mises-wire/us-constitution-now-suicide-pact Historically, many sovereign states have granted separatist cultural and ideological groups political autonomy as a means of avoiding full secession. The US legal system prevents this. Fri, 22 May 2026 04:30:00 CDT Ryan McMaken https://mises.org/mises-wire/us-constitution-now-suicide-pact https://mises.org/podcasts/human-action-podcast/how-future-supply-moves-todays-prices This week, Bob walks through three thought experiments to show how expectations of future supply changes ripple into present prices and production decisions in ways that purely mechanical monetary frameworks like MV=PQ can't capture. Fri, 22 May 2026 04:00:28 CDT Robert P. Murphy https://mises.org/podcasts/human-action-podcast/how-future-supply-moves-todays-prices https://mises.org/mises-wire/beware-alternatives-capitalism-and-socialism With Trump’s crony capitalism, the government taking equity positions in US businesses, and socialists making real inroads in the Democratic Party, it is hard to find defenders of free markets. Fri, 22 May 2026 02:00:00 CDT Vincent Cook https://mises.org/mises-wire/beware-alternatives-capitalism-and-socialism https://mises.org/podcasts/audio-mises-wire/economic-problem-behind-zohran-mamdanis-government-grocery-plan Zohran Mamdani’s proposal reflects a growing belief that economic problems can be solved through public ownership and political management. But a grocery store is still a business governed by costs, and economic reality regardless of who owns it. Fri, 22 May 2026 10:14:57 CDT Tom Wilson https://mises.org/podcasts/audio-mises-wire/economic-problem-behind-zohran-mamdanis-government-grocery-plan https://mises.org/power-market/rmp-not-qe RMP is not QE, nor is it QT. It is an unprecedented, interventionist, unsound policy. The Fed is no longer backstopping the long end, forcing twenty years of interest rate suppression to finally unravel. Welcome to the Austrian nightmare. Fri, 22 May 2026 09:48:14 CDT Robert Aro https://mises.org/power-market/rmp-not-qe https://mises.org/podcasts/audio-mises-wire/great-reversal-how-social-contract-theory-became-state-apologetics Social contract theory was used to critique a form of the state, but was also used to legitimize the modern nation-state. Fri, 22 May 2026 08:10:44 CDT Joshua Mawhorter https://mises.org/podcasts/audio-mises-wire/great-reversal-how-social-contract-theory-became-state-apologetics https://mises.org/friday-philosophy/after-75-years-human-action-still-standard-understanding-economics In this week’s Friday Philosophy, Dr. David Gordon reviews The Influence and Significance of Human Action After 75 Years edited by Joseph T. Salerno. He gives his thoughts and questions on some of the points made and recommends it and Human Action. Fri, 22 May 2026 06:02:18 CDT David Gordon https://mises.org/friday-philosophy/after-75-years-human-action-still-standard-understanding-economics https://mises.org/mises-wire/how-social-contract-theory-became-state-apologetics Social contract theory was used to critique a form of the state, but was also used to legitimize the modern nation-state. Fri, 22 May 2026 12:02:27 CDT Joshua Mawhorter https://mises.org/mises-wire/how-social-contract-theory-became-state-apologetics https://mises.org/podcasts/power-and-market/post-massie-america On this episode of Power and Market, Ryan, Connor, and Tho discuss the results of the most expensive Congressional race in American history. What does the defeat of Thomas Massie tell us? What does this mean for libertarian strategy? Should we blackpill? Tune in for this and more. Thu, 21 May 2026 04:10:00 CDT Tho Bishop, Ryan McMaken, Connor O'Keeffe https://mises.org/podcasts/power-and-market/post-massie-america https://mises.org/notes-margin/sabrin-wsj-independence-wont-save-federal-reserve Thu, 21 May 2026 12:55:00 CDT Murray Sabrin https://mises.org/notes-margin/sabrin-wsj-independence-wont-save-federal-reserve https://mises.org/podcasts/audio-mises-wire/buc-ees-free-market-triumph-or-simply-capitalist-oppression Buc-ee’s—the roadside travel phenomenon—seems to cater to the extremes in our society. Either customers love shopping at the place or it is yet another symbol of capitalist oppression. Thu, 21 May 2026 08:41:56 CDT William L. Anderson https://mises.org/podcasts/audio-mises-wire/buc-ees-free-market-triumph-or-simply-capitalist-oppression https://mises.org/mises-wire/economics-value One of the prevailing myths today is the belief that AI can help to “automate” the economy. That is impossible, given that only humans can determine the value of something. Thu, 21 May 2026 06:02:30 CDT Carlos Boix https://mises.org/mises-wire/economics-value https://mises.org/mises-wire/buc-ees-free-market-triumph-or-simply-capitalist-oppression Buc-ee’s—the roadside travel phenomenon—seems to cater to the extremes in our society. Either customers love shopping at the place or it is yet another symbol of capitalist oppression. Thu, 21 May 2026 12:02:53 CDT William L. Anderson https://mises.org/mises-wire/buc-ees-free-market-triumph-or-simply-capitalist-oppression https://mises.org/podcasts/guns-and-butter/rothbardian-case-against-bad-data-center-policy AI has created enormous demand for new data centers, and many communities do not want them nearby. The Rothbardian answer is not blanket permission or blanket prohibition, but a property-rights framework and the return of market forces that government policy has largely displaced. Wed, 20 May 2026 05:15:38 CDT Connor O'Keeffe https://mises.org/podcasts/guns-and-butter/rothbardian-case-against-bad-data-center-policy https://mises.org/podcasts/audio-mises-wire/murray-n-rothbard-legacy-liberty While upholding the radical ideal, Rothbard combined idealism with realism, scholarship with accessibility, and boundless curiosity with commitment to truth. Wed, 20 May 2026 03:33:07 CDT Llewellyn H. Rockwell Jr. https://mises.org/podcasts/audio-mises-wire/murray-n-rothbard-legacy-liberty https://mises.org/podcasts/audio-mises-wire/economics-sociological-foundation-civilization Economics is far more than what people see as “the economy.” It is the central organizing factor for civilized society. Wed, 20 May 2026 01:43:57 CDT Joe Chavez https://mises.org/podcasts/audio-mises-wire/economics-sociological-foundation-civilization https://mises.org/podcasts/audio-mises-wire/minerals-consortium-will-result-malinvestment Washington is pursuing industrial policy again, this time being an attempt to form a minerals consortium with other countries to secure minerals vital to US manufacturing. No doubt, this initiative will end up on the ash heap of bad policy. Wed, 20 May 2026 07:42:18 CDT Joseph Solis-Mullen https://mises.org/podcasts/audio-mises-wire/minerals-consortium-will-result-malinvestment https://mises.org/power-market/beyond-balance-sheet-how-bad-are-things-fed “Everything is fine.” That’s the official narrative, but a nation cannot print its way to prosperity; if it did, we'd all be rich by now. Wed, 20 May 2026 07:31:06 CDT Robert Aro https://mises.org/power-market/beyond-balance-sheet-how-bad-are-things-fed https://mises.org/mises-wire/economics-sociological-foundation-civilization Economics is far more than what people see as “the economy.” It is the central organizing factor for civilized society. Wed, 20 May 2026 06:02:25 CDT Joe Chavez https://mises.org/mises-wire/economics-sociological-foundation-civilization https://mises.org/notes-margin/new-us-report-says-42-aircraft-lost-iran-war The aircraft losses and damages include four F-15E Strike Eagle fighter jets, one F-35A Lightning II fighter aircraft, one A-10 Thunderbolt II ground-attack aircraft, seven KC-135 Stratotanker aerial refuelling aircraft... Wed, 20 May 2026 03:00:00 CDT https://mises.org/notes-margin/new-us-report-says-42-aircraft-lost-iran-war https://mises.org/power-market/economic-problem-behind-zohran-mamdanis-government-grocery-plan Zohran Mamdani’s proposal reflects a growing belief that economic problems can be solved through public ownership and political management. But a grocery store is still a business governed by costs, and economic reality regardless of who owns it. Wed, 20 May 2026 02:02:17 CDT Tom Wilson https://mises.org/power-market/economic-problem-behind-zohran-mamdanis-government-grocery-plan https://mises.org/mises-wire/rothbardian-case-against-bad-data-center-policy AI has created enormous demand for new data centers, and many communities do not want them nearby. The Rothbardian answer is not blanket permission or blanket prohibition, but a property-rights framework and the return of market forces that government policy has largely displaced. Wed, 20 May 2026 12:02:13 CDT Connor O'Keeffe https://mises.org/mises-wire/rothbardian-case-against-bad-data-center-policy https://mises.org/power-market/massie-defeated-kentucky-primary The campaign worked, and now the anti-Massie elderly GOP voters will get what they wanted: a pro-Israel, pro-federal, pro-welfare, pro-war, and pro-Epstein Congressman who will never question federal power or the status quo. Tue, 19 May 2026 06:00:00 CDT Ryan McMaken https://mises.org/power-market/massie-defeated-kentucky-primary https://mises.org/podcasts/audio-mises-wire/causes-uncontrollable-us-public-spending-and-debt The US fiat monetary regime not only has given us inflation and boom-and-bust cycles, but it also is the main contributor to the out-of-control government spending and debt accumulation. Tue, 19 May 2026 04:49:17 CDT Patrick Barron https://mises.org/podcasts/audio-mises-wire/causes-uncontrollable-us-public-spending-and-debt https://mises.org/podcasts/audio-mises-wire/deflation-bad-economy The standard line among most economists is that deflation is as bad or even worse than inflation. In reality, the economy needs deflation now more than ever. Tue, 19 May 2026 04:31:49 CDT Frank Shostak https://mises.org/podcasts/audio-mises-wire/deflation-bad-economy https://mises.org/podcasts/human-action-podcast/why-socialism-fails-misess-1920-article-today Bob sits down with Dr. Jonathan Newman to discuss his Mises Academy course for homeschooling families based on Lessons for the Young Economist, using it as a starting point to walk through the full Austrian case against socialism. Tue, 19 May 2026 01:45:28 CDT Robert P. Murphy, Jonathan Newman https://mises.org/podcasts/human-action-podcast/why-socialism-fails-misess-1920-article-today https://mises.org/podcasts/audio-mises-wire/price-inflation-accelerates-wars-and-deficits-expand Last week’s CPI report, and this week’s PPI report both showed price inflation surging to multi-year highs, and not just on oil prices. Tue, 19 May 2026 08:27:02 CDT Ryan McMaken https://mises.org/podcasts/audio-mises-wire/price-inflation-accelerates-wars-and-deficits-expand https://mises.org/podcasts/audio-mises-wire/when-society-chooses-freedom-unfree-world What might be the process of a society moving from being unfree to being free? Here is one scenario. Tue, 19 May 2026 08:11:06 CDT Finn Andreen https://mises.org/podcasts/audio-mises-wire/when-society-chooses-freedom-unfree-world https://mises.org/mises-wire/review-moonshots-and-new-industrial-policy Can government policy replicate a market economy and improve the outcomes? That is the subject of the book, Moonshots and the New Industrial Policy. Lipton Matthews takes a deep dive into these questions. Tue, 19 May 2026 06:34:02 CDT Lipton Matthews https://mises.org/mises-wire/review-moonshots-and-new-industrial-policy https://mises.org/power-market/conservative-populism-doing-same-thing-over-and-over-and-expecting-different-results Tue, 19 May 2026 06:00:00 CDT Ryan McMaken https://mises.org/power-market/conservative-populism-doing-same-thing-over-and-over-and-expecting-different-results https://mises.org/power-market/kevin-warshs-impossible-mission Tue, 19 May 2026 05:00:00 CDT Ron Paul https://mises.org/power-market/kevin-warshs-impossible-mission https://mises.org/power-market/californias-billionaires-tax-ballot-initiative If this ballot initiative passes in November 2026, then California’s billionaire exodus will continue, followed by the multimillionaires. Tue, 19 May 2026 02:35:02 CDT Stephen Anderson https://mises.org/power-market/californias-billionaires-tax-ballot-initiative https://mises.org/mises-wire/minerals-consortium-will-result-malinvestment Washington is pursuing industrial policy again, this time being an attempt to form a minerals consortium with other countries to secure minerals vital to US manufacturing. No doubt, this initiative will end up on the ash heap of bad policy. Tue, 19 May 2026 12:32:54 CDT Joseph Solis-Mullen https://mises.org/mises-wire/minerals-consortium-will-result-malinvestment https://mises.org/podcasts/loot-and-lobby/bad-news-latest-employment-report Ryan McMaken looks at the latest jobs numbers form the federal government and why so many workers and families appear to think the economy is in trouble. Mon, 18 May 2026 04:47:22 CDT Ryan McMaken https://mises.org/podcasts/loot-and-lobby/bad-news-latest-employment-report https://mises.org/podcasts/radio-rothbard/rothbard-war-peace-and-state Ryan McMaken takes a look at Rothbard's seminal 1963 essay "War, Peace, and the State." Mon, 18 May 2026 11:30:00 CDT Ryan McMaken https://mises.org/podcasts/radio-rothbard/rothbard-war-peace-and-state https://mises.org/mises-wire/causes-uncontrollable-us-public-spending-and-debt The US fiat monetary regime not only has given us inflation and boom-and-bust cycles, but it also is the main contributor to the out-of-control government spending and debt accumulation. Mon, 18 May 2026 09:39:21 CDT Patrick Barron https://mises.org/mises-wire/causes-uncontrollable-us-public-spending-and-debt https://mises.org/mises-wire/deflation-bad-economy The standard line among most economists is that deflation is as bad or even worse than inflation. In reality, the economy needs deflation now more than ever. Mon, 18 May 2026 06:31:51 CDT Frank Shostak https://mises.org/mises-wire/deflation-bad-economy https://mises.org/notes-margin/73-percent-non-affiliated-voters-oppose-iran-war Overall, 64 percent of respondents sad that Trump’s decision to go to war with Iran was the wrong decision. Mon, 18 May 2026 03:00:00 CDT https://mises.org/notes-margin/73-percent-non-affiliated-voters-oppose-iran-war https://mises.org/power-market/why-stable-systems-fail-illusion-institutional-control Systems do not collapse when they finally become unstable; they appear stable until the moment their failure can no longer be ignored. Mon, 18 May 2026 02:32:05 CDT Luc Lelièvre https://mises.org/power-market/why-stable-systems-fail-illusion-institutional-control https://mises.org/mises-wire/lines-we-thought-machines-wouldnt-cross We know that Q-Day is coming upon us when AI moves to another level and humans must make the adjustments. State-sponsored solutions will fail, and the only way forward is the free market. Mon, 18 May 2026 12:32:00 CDT George Ford Smith https://mises.org/mises-wire/lines-we-thought-machines-wouldnt-cross https://mises.org/podcasts/minor-issues/predicting-recession The Shiller CAPE ratio has only been higher once in 150 years. The Buffett indicator is 2.5 standard deviations above trend. 40% of the S&P 500 is in just ten stocks. Wall Street sees nothing wrong. Sat, 16 May 2026 06:42:27 CDT Mark Thornton https://mises.org/podcasts/minor-issues/predicting-recession https://mises.org/mises-wire/price-inflation-accelerates-wars-and-deficits-expand Last week’s CPI report, and this week’s PPI report both showed price inflation surging to multi-year highs, and not just on oil prices. Sat, 16 May 2026 06:00:00 CDT Ryan McMaken https://mises.org/mises-wire/price-inflation-accelerates-wars-and-deficits-expand https://mises.org/mises-wire/rerum-novarum-catholic-defense-private-property Those who use Catholic social teaching to defend socialism forget Pope Leo XIII’s Rerum Novarum, published in 1891, which strongly condemned socialism and defended private property. Sat, 16 May 2026 12:34:00 CDT Emanuele Schilirò https://mises.org/mises-wire/rerum-novarum-catholic-defense-private-property https://mises.org/mises-wire/when-society-chooses-freedom-unfree-world What might be the process of a society moving from being unfree to being free? Here is one scenario. Sat, 16 May 2026 12:33:57 CDT Finn Andreen https://mises.org/mises-wire/when-society-chooses-freedom-unfree-world https://mises.org/podcasts/audio-mises-wire/why-rothbard-relevant-ever Murray Rothbard is one of the all-time greats in Austrian economics and libertarianism. When studying his achievements, we immediately see that Rothbard is a giant whose shoulders free-market scholars should aspire to stand on. Fri, 15 May 2026 06:13:16 CDT Patrick Newman https://mises.org/podcasts/audio-mises-wire/why-rothbard-relevant-ever https://mises.org/notes-margin/trump-touts-police-state-corp-palantir-drive-stock-price "President Donald Trump scooped up shares of surveillance-state software maker Palantir weeks before he famously praised the stock on Truth Social." Fri, 15 May 2026 05:00:00 CDT https://mises.org/notes-margin/trump-touts-police-state-corp-palantir-drive-stock-price https://mises.org/podcasts/audio-mises-wire/gop-fiscal-follies While Republicans have promised robust economic growth to accompany their tax cuts, reality has been different. That is because Republicans increased government spending at the same time, dragging down the economy. Fri, 15 May 2026 04:43:27 CDT Gregory Bresiger https://mises.org/podcasts/audio-mises-wire/gop-fiscal-follies https://mises.org/power-market/financial-instability-report What keeps central bankers up at night? Fri, 15 May 2026 02:16:34 CDT Robert Aro https://mises.org/power-market/financial-instability-report https://mises.org/podcasts/audio-mises-wire/hobbess-self-defeating-theory With some simple logic and using Hobbes’s own presuppositions and arguments, we can internally critique Hobbes’s argument for the state, namely, that the state solves none of the problems he presents. Fri, 15 May 2026 01:31:57 CDT Joshua Mawhorter https://mises.org/podcasts/audio-mises-wire/hobbess-self-defeating-theory https://mises.org/notes-margin/when-president-acts-mafia-chief Despite the fact that the government owes firms refunds due to Trump's tariffs being declared illegal, companies are turning down the opportunity in fear of angering the president. Fri, 15 May 2026 10:40:32 CDT https://mises.org/notes-margin/when-president-acts-mafia-chief https://mises.org/mises-wire/hypocrisy-wests-abandonment-universal-values The current strain of illiberalism running through western thought conflicts with the themes of individual liberty and liberalism that also came from western thinkers. We need to recover those best ideas from antiquity to the present. Fri, 15 May 2026 09:02:18 CDT Vincent Cook https://mises.org/mises-wire/hypocrisy-wests-abandonment-universal-values https://mises.org/power-market/seven-questions-kevin-warsh-newly-confirmed-chairman-fed Do we need a national price fixing committee for interest rates? Answe r: No. Fri, 15 May 2026 09:00:00 CDT Alex J. Pollock https://mises.org/power-market/seven-questions-kevin-warsh-newly-confirmed-chairman-fed https://mises.org/podcasts/rothbard-university/egalitarianism-and-value-free-economics Dr. Wanjiru Njoya argues that Rothbard's political philosophy is not a sideshow to his economics but its essential second pillar, and that this integrated system is precisely what is needed to challenge the egalitarian premise at its root. Fri, 15 May 2026 09:00:30 CDT https://mises.org/podcasts/rothbard-university/egalitarianism-and-value-free-economics https://mises.org/friday-philosophy/defending-southern-heritage In this week’s Friday Philosophy, David Gordon reviews Jeff Paulk’s Defending Southern Heritage. Fri, 15 May 2026 06:02:21 CDT David Gordon https://mises.org/friday-philosophy/defending-southern-heritage https://mises.org/notes-margin/30-yr-bond-highest-yield-2007-inflation-expectations-soar Auction bidders are demanding higher fixed rates as compensation for the risk that inflation will accelerate further. Fri, 15 May 2026 03:00:00 CDT https://mises.org/notes-margin/30-yr-bond-highest-yield-2007-inflation-expectations-soar https://mises.org/mises-wire/hobbess-self-defeating-theory With some simple logic and using Hobbes’s own presuppositions and arguments, we can internally critique Hobbes’s argument for the state, namely, that the state solves none of the problems he presents. Fri, 15 May 2026 12:03:02 CDT Joshua Mawhorter https://mises.org/mises-wire/hobbess-self-defeating-theory https://mises.org/podcasts/rothbard-university In honor of Murray Rothbard's 100th birthday, this first-of-its-kind conference features an intensive course of lectures in Austrian economics. Thu, 14 May 2026 08:47:37 CDT Mises Institute https://mises.org/podcasts/rothbard-university https://mises.org/podcasts/human-action-podcast/making-sense-trump-administrations-hail-mary-iran Bob argues that many Austro-libertarians (himself included) have been too quick to dismiss the Trump administration's foreign and economic policy as mere incompetence or corruption, without grasping the strategic logic behind it. Thu, 14 May 2026 08:15:28 CDT Robert P. Murphy https://mises.org/podcasts/human-action-podcast/making-sense-trump-administrations-hail-mary-iran https://mises.org/podcasts/power-and-market/bad-inflation-data-drops-while-trumps-china-and-other-headlines On this episode of Power & Market, Ryan, Connor, and Tho break down a variety of headlines from the week, including bad inflation data, Trump's trip to China, Kevin Warsh's Senate confirmation, and the political theatre of Spencer Pratt and Zohran Mamdani. Thu, 14 May 2026 04:30:01 CDT Tho Bishop, Ryan McMaken, Connor O'Keeffe https://mises.org/podcasts/power-and-market/bad-inflation-data-drops-while-trumps-china-and-other-headlines https://mises.org/podcasts/audio-mises-wire/job-market-has-only-gotten-worse-trumps-liberation-day In the year since Donald Trump’s “liberation day” in April 2024 fewer Americans are now working, and inflation-adjusted hourly earnings are still below where they were in 2021. Thu, 14 May 2026 04:03:36 CDT Ryan McMaken https://mises.org/podcasts/audio-mises-wire/job-market-has-only-gotten-worse-trumps-liberation-day https://mises.org/mises-wire/job-market-has-only-gotten-worse-trumps-liberation-day In the year since Donald Trump’s “liberation day” in April 2024 fewer Americans are now working, and inflation-adjusted hourly earnings are still below where they were in 2021. Thu, 14 May 2026 11:30:00 CDT Ryan McMaken https://mises.org/mises-wire/job-market-has-only-gotten-worse-trumps-liberation-day https://mises.org/podcasts/audio-mises-wire/todays-ais-show-marginal-revolutions-unfinished-business In 1871, the “discovery” of marginal economic analysis soon took a wrong turn, moving towards quantification, data, and mathematics. It is time to “rediscover” the margin, this time the margin as explained by Carl Menger. Thu, 14 May 2026 09:34:02 CDT Joakim Book https://mises.org/podcasts/audio-mises-wire/todays-ais-show-marginal-revolutions-unfinished-business https://mises.org/mises-wire/gop-fiscal-follies While Republicans have promised robust economic growth to accompany their tax cuts, reality has been different. That is because Republicans increased government spending at the same time, dragging down the economy. Thu, 14 May 2026 09:02:21 CDT Gregory Bresiger https://mises.org/mises-wire/gop-fiscal-follies https://mises.org/podcasts/audio-mises-wire/socialists-are-reaping-bountiful-political-harvest-while-they-create-havoc As the economy faulters, socialists are getting elected, promising free goods and services and an end to the chaos. Even when they make things worse, however, they will still gain political power. Thu, 14 May 2026 08:41:56 CDT William L. Anderson https://mises.org/podcasts/audio-mises-wire/socialists-are-reaping-bountiful-political-harvest-while-they-create-havoc https://mises.org/mises-wire/help-us-celebrate-40-years-mises-u It is because of wonderful supporters that Mises University is 40 years old. Thank you for believing in this radical program for educating students. Thu, 14 May 2026 06:30:07 CDT Mises Institute https://mises.org/mises-wire/help-us-celebrate-40-years-mises-u https://mises.org/mises-wire/command-economy-green-clothing-britains-contracts-difference-and-their-nazi-predecessors In pursuing the so-called green economy, Great Britain’s Labour Government must resort to socialist planning and totalitarian propaganda. Thu, 14 May 2026 06:02:33 CDT Eduard Braun https://mises.org/mises-wire/command-economy-green-clothing-britains-contracts-difference-and-their-nazi-predecessors https://mises.org/notes-margin/feds-move-seize-private-property-build-border-wall The U.S. government has invoked eminent domain to seize 14.2 acres of Mount Cristo Rey, a sacred site topped by a 29-foot statue of Jesus. Thu, 14 May 2026 04:00:00 CDT https://mises.org/notes-margin/feds-move-seize-private-property-build-border-wall https://mises.org/notes-margin/foreclosure-filings-across-us-have-surged-18-percent-compared-last-year "The year-over-year increases suggest lenders may be working through distressed inventory as higher borrowing costs and affordability challenges impact some homeowners." Thu, 14 May 2026 03:00:00 CDT https://mises.org/notes-margin/foreclosure-filings-across-us-have-surged-18-percent-compared-last-year https://mises.org/power-market/changes-fed-trimmed-mean-pce-inflation-rate Various inflation measures conceal more than they reveal, largely because they exclude measuring a large portion of high-inflation items. Thu, 14 May 2026 02:02:45 CDT Alejandro A. Tagliavini https://mises.org/power-market/changes-fed-trimmed-mean-pce-inflation-rate https://mises.org/mises-wire/socialists-are-reaping-bountiful-political-harvest-while-they-create-havoc As the economy falters, socialists are getting elected, promising free goods and services and an end to the chaos. Even when they make things worse, however, they will still gain political power. Thu, 14 May 2026 12:02:56 CDT William L. Anderson https://mises.org/mises-wire/socialists-are-reaping-bountiful-political-harvest-while-they-create-havoc https://mises.org/podcasts/audio-mises-wire/cost-money-coinage-fiat-power-and-quiet-corruption-value Governments take valuable things like paper and minerals, stamp something on them, and call them money, in the process rendering these things almost worthless. Something is wrong with this picture. Wed, 13 May 2026 04:01:14 CDT Justin M. Ptak https://mises.org/podcasts/audio-mises-wire/cost-money-coinage-fiat-power-and-quiet-corruption-value https://mises.org/podcasts/guns-and-butter/progressives-and-conservatives-are-wrong-about-taxing-rich Both progressives and conservatives show a complete unwillingness or inability to distinguish between those who got rich by genuinely creating value by serving others and those who are getting rich by expropriating wealth through force. Wed, 13 May 2026 03:32:38 CDT Connor O'Keeffe https://mises.org/podcasts/guns-and-butter/progressives-and-conservatives-are-wrong-about-taxing-rich https://mises.org/podcasts/audio-mises-wire/economics-war In this article from 1950, Murray Rothbard suggests some of the less bad ways of financing military operations. Hint: monetary inflation and taxing savings and investment are among the worst. Wed, 13 May 2026 12:53:50 CDT Murray N. Rothbard https://mises.org/podcasts/audio-mises-wire/economics-war https://mises.org/podcasts/audio-mises-wire/marx-was-wrong-about-necessary-ruin-small-landed-property Karl Marx not only misunderstood value and production, but he also was wrong about large-scale and small-scale property owners. Wed, 13 May 2026 11:34:02 CDT Thiago V. S. Coelho https://mises.org/podcasts/audio-mises-wire/marx-was-wrong-about-necessary-ruin-small-landed-property