Hoppe’s Democracy: The God That Failed

With an ugly presidential election just three weeks away, we dive into Hans Hoppe’s classic Democracy: The God That Failed to puncture some of the myths surrounding democracy and voting. Jayant Bhandari joins the show to discuss Hoppe’s controversial thesis concerning monarchy and democracy, time preference and its manifestation in […]

¿Puede la Fed eliminar el racismo?

By: Ron Paul La Presidenta de Servicios Financieros de la Cámara de Representantes, Maxine Waters, y la Senadora Elizabeth Warren han presentado la Ley de Equidad Racial y Económica de la Reserva Federal. Esta legislación dirige a la Reserva Federal a eliminar las disparidades raciales en ingresos, empleo, riqueza y […]

Can the Fed End Racism?

By: Ron Paul House Financial Services Chair Maxine Waters and Senator Elizabeth Warren have introduced the Federal Reserve Racial and Economic Equity Act. This legislation directs the Federal Reserve to eliminate racial disparities in income, employment, wealth, and access to credit. Eliminating racial disparities in access to credit is code […]

The Jacksonians’ Bank War: Liberty versus Power

The Jacksonians saw central banking for what it was: a way of making the rich even richer, while ripping off ordinary people. We remember the Jacksonians not just because they were right about the central bank, but because they were also very successful in their fight against the Bank and […]

Why Slave Economies Thwart Entrepreneurial Innovation

The new history of capitalism (NHC) offers libertarians an exciting opportunity to defend the vitality of capitalism. Scholars like Sven Beckert, Walter Johnson, and Edward Baptiste argue that slavery provides fascinating insights into the workings of early American capitalism and that it furnished the capital to fuel industrial development. Consequently, libertarians have responded to this declaration by articulating that […]

What “Experts” Miss about Economic Inequality

Many of the “solutions” peddled by today’s experts are more likely to increase wealth inequality than decrease it. This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros. Original Article: “What “Experts” Miss about Economic Inequality“. Powered by WPeMatico

India Takes Small Steps toward Economic Freedom with New Agrarian Reforms

Over the past thirty years, India has experienced some periods of economic liberalisation, but the country still retains many aspects of its former periods of widespread state control of the economy. In recent weeks, we’ve seen some new efforts at liberalisation once again. For example, three farm bills (now acts), namely the Farmers’ […]

3 Ways to Make Democracy Less Bad

Although many politicians and pundits have deified democracy, it often leads to the oppression of political minorities while encouraging abuse. Here are some strategies for lessening the damage democracy can do. And be sure to follow Radio Rothbard at Mises.org/RadioRothbard. Powered by WPeMatico

Tres hurras por el Instituto Mises

By: Trevor Daher La economía austriaca presenta el axioma de la acción humana, una verdad no falsificable y «evidente». De este axioma, se derivan conclusiones lógicas —verdades— sobre el comportamiento humano individual, el orden social y la cooperación, es decir, los mercados. Las conclusiones que se extraen de este análisis […]

Three Cheers for the Mises Institute

By: Trevor Daher Austrian Economics puts forth the axiom of human action – a non-falsifiable, “self-evident” truth. From this axiom, it derives logical conclusions – truths – about individual human behavior, social order and cooperation, i.e. markets. The conclusions drawn by this logical analysis are such that the optimal allocation […]

Why There’s So Much Confusion over What “Inflation” Means

Understood properly,  inflation is not a general increase in prices but is an increase in the money supply “out of thin air” which brings about the impoverishment of wealth generators. When inflation is seen as a general increase in prices, then anything that contributes to price increases is called inflationary. […]

“Build Back Better”: Why Are Both Biden and Boris Now Using This Phrase?

The Trump campaign shared a video on social media this week, claiming Joe Biden had ripped off a slogan from British prime minister Boris Johnson. “We have a great opportunity to build back and to build back better” (emphasis added), Biden said in the video, dated July 9, 2020. Then rolled a […]

A Critique of the Labor Theory of Value

[This selection is adapted from “The Labor Theory of Value: A Critique of Carson’s Studies in Mutualist Political Economy,” Journal of Libertarian Studies 20, no. 1 (2006). Please see original for full references and footnotes.] Before proceeding, we should be clear on what an economic theory of value is supposed to do: its task is simply […]

Trump or Biden: Who Will Be Better for the US Economy?

By: Joseph T. Salerno Here are my thoughts on which presidential candidate will do less harm to the US economy and why Dwight D. Eisenhower was the best president of the postwar era.   Powered by WPeMatico

The NRA Would Be Wise to Leave New York ASAP

The NRA would be wise to vote with its feet. Millions of Americans have already escaped the high taxes and freedom-destroying blue state regimes by doing the same. This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack. Original Article: “The NRA Would Be Wise to […]

Japan Embraced Debt as a Way out of Its Budget Crisis. It’s Not Working.

The sudden resignation of Japans Prime Minister Shinzo Abe has led to evaluations of his so-called Abenomics. Many have praised Abe’s aggressive monetary policy because the long shopping list of the Bank of Japan (government bonds, corporate bonds, ETFs and real estate investment trusts) has inflated stock and real estate […]

The Great California Exodus

German author Franz Kafka wrote in The Metamorphosis, “There is an infinite amount of hope in the universe…but not for us.” The legendary writer might as well have been writing about the state of California, a progressive wasteland that is the personification of everything wrong with leftist orthodoxy. In the […]

Central Banking and the Constitution

Presented at the historic Jekyll Island Club Resort on Jekyll Island, Georgia, on 9 October 2020. Powered by WPeMatico

The Imposers and the Imposed Upon

Presented at the historic Jekyll Island Club Resort on Jekyll Island, Georgia, on 9 October 2020. Powered by WPeMatico

The Fact-Free COVID Dystopia

Presented at the historic Jekyll Island Club Resort on Jekyll Island, Georgia, on 9 October 2020. Powered by WPeMatico