Audio Mises Daily

Price changes are the solution to a problem, not the problem itself. We should focus on what causes the price changes in the first place, writes Mateusz Machaj. This audio Mises Daily is narrated by Robert Hale.

Tom Woods explains the “unacceptable“ opinions behind freedom and free markets.This audio Mises Daily is narrated by Keith Hocker.

The term “quid pro quo” has been twisted to now include government handouts and state-mandated exchanges, writes Gary Galles.This audio Mises Daily is narrated by Robert Hale.

Efficient banks have many options for lenders and credit when banking crises hit. It's the inefficient and insolvent banks that must turn to a central bank, writes Nicolás Cachanosky. But do we really want central banks that reward insolvency and encourage inefficiency? This audio Mises Daily is narrated by Keith Hocker.

Christopher Westley reports from this year's National Association of Business Economists Convention. He finds that the mainstream's intellectual blinders are firmly in place, and that the “fatal conceit” Friedrich Hayek wrote about in 1988 is alive and well in 2014.This audio Mises Daily is narrated by Robert Hale.

Although it's clear that they offer no economic net benefit, American cities are building taxpayer-funded sports stadiums every chance they get. Billionaire team owners and politicians benefit greatly while ordinary taxpayers do less well, writes Salmaan A. Khan. This audio Mises Daily is narrated by Keith Hocker.

How much is Obama's war on ISIS going to cost you? You don't want to know, writes Daniel McAdams.This audio Mises Daily is narrated by Robert Hale.

Libertarians — and Murray Rothbard in particular — are not pacifists, but reject the killing of innocents and other unjustified forms of military aggression, writes David Gordon.This audio Mises Daily is narrated by Dianna Keiler.

Don't expect sustained opposition to war to come from either side, writes Andrew Syrios. This audio Mises Daily is narrated by Keith Hocker.

In their new book "Money", Steve Forbes and Elizabeth Ames write with insight about the dangers of inflation and easy money, but ultimately, they fail to follow through on their analysis and instead make peace with monetary expansionism, writes David Gordon. This audio Mises Daily is narrated by Robert Hale.

Not unlike governments, ponzi schemer Bernie Madoff used his victims' money to exhibit his "generosity" through charitable giving projects, writes Brandon Dutcher. This audio Mises Daily is narrated by Keith Hocker.

The modern health insurance industry, a by-product of government regulation and tax policy, has led to a system in which the consumer of medical services doesn’t know the costs or final prices charged for services. Without a functioning system of price signals, prices cannot be contained, writes Willem Cornax. This audio Mises Daily is narrated by Keith Hocker.

The smaller the size of government, the less power it has to hobble free enterprise with taxes and regulations, writes Ron Paul. This audio Mises Daily is narrated by Robert Hale.

In "The Theory of Money and Credit", Mises provided the basics for the long-sought explanation for that mysterious and troubling economic phenomenon — the business cycle, writes Murray Rothbard. This audio Mises Daily is narrated by Robert Hale.

Politicians and regulators usually don’t know what they don’t know about everything from health care to your small business, but that sort of compound ignorance won’t stop them from regulating the minutiae of everyday life and commerce, writes Gary Galles. This audio Mises Daily is narrated by Robert Hale.

Drug warriors rely on bad and manipulated data to make the claim that respecting private property rights in Colorado is “terrible public policy,” writes Mark Thornton. This audio Mises Daily is narrated by Keith Hocker.

Historical revisionism is the process of unmasking government excuses for war and war-making, writes Ralph Raico. This audio Mises Daily is narrated by Robert Hale.

Supporters of minimum wage hikes claim they have little or no effect on employment, the law of demand makes it clear the effects of price controls are very real, writes Josh Grossman. This audio Mises Daily is narrated by Keith Hocker.

The NCAA ensures there is no functioning job market for athletes and no competition to which students might go seeking higher pay, writes Andrew Syrios. This audio Mises Daily is narrated by Keith Hocker.

In a free market, entrepreneurs profit by providing something of value that people will voluntarily purchase, writes Hans-Hermann Hoppe. This audio Mises Daily is narrated by Robert Hale.

Political consultants and mainstream reporters are fixated on electoral politics, as if no other form of societal change were conceivable, writes Lew Rockwell. This audio Mises Daily is narrated by Keith Hocker.

Supporters of government interventions like minimum wages. Careful analysis reveals another story, however, writes Kenneth Zahringer. This audio Mises Daily is narrated by Robert Hale.

Politicians and the mainstream media have faith in the central banks to manipulate and manage the global economy. Unfortunately, things are not so easy, writes Patrick Barron. This audio Mises Daily is narrated by Keith Hocker.

Austrian economists have been wrongly accused of many intellectual crimes when it comes to fractional reserve banking. Robert Batemarco adds some clarity to the debate.This audio Mises Daily is narrated by Robert Hale.

There’s a lot of exciting work being done in the field of literary studies, which isn’t usually known for its sound economics, writes Matt McCaffrey. This audio Mises Daily is narrated by Robert Hale.

Elizabeth Warren outlines 11 Commandments of Progressivism and each requires coercion and politics to succeed, writes William Anderson. This audio Mises Daily is narrated by Allan Davis.

Menger, Walras and Jevons are credited with creating the marginal revolution in economics. Carl Menger's contribution to this revolution, however, should be regarded as something distinct, unique, and more rigorous, writes Mateusz Machaj. This audio Mises Daily is narrated by Robert Hale

Austrian capital theory explains why creating a more technologically-advanced society is easier said than done, writes Mark Tovey. This audio Mises Daily is narrated by Keith Hocker.

Thanks to Henry Hazlitt, Paul Cantor and others, a body of work by free-market literary critics is now beginning to emerge, writes Jo Ann Cavallo. This audio Mises Daily is narrated by Robert Hale.

The Fed and it's friends blamed cold weather for much of the year's lackluster economic growth. But cold weather does not explain the economic slowdown because cold weather does not stop economic activity, it merely shifts it to other activities and products, writes Devin Leary-Hanebrink. This audio Mises Daily is narrated by Allan Davis.

Economists often rely on the assumption of “other things equal.” The problem arises when politicians ignore the economy and unintended results, writes Gary Galles. This audio Mises Daily is narrated by Allan Davis.

US sanctions against Russia are just the latest incentive for the world's economies to avoid dealing with the dollar, writes Ron Paul. This audio Mises Daily is narrated by Allan Davis.

When it comes to your local police, there is no shopping around, there is no customer service, and there is no choice, writes Jeff Deist. This audio Mises Daily is narrated by Allan Davis.This audio Mises Daily is the transcript from a talk delivered at the 2014 Houston Mises Circle. 

An economy cannot be successfully planned with computers and technicians. Mises and Hayek proved this decades ago, writes Nicolás Cachanosky. This audio Mises Daily is narrated by Allan Davis.

Dating someone can come with a very high opportunity cost and can lead to great emotional distress and more, writes Julian Adorney. So why doesn't the government regulate dating? This audio Mises Daily is narrated by Robert Hale.

The Fed and the Treasury are betting on the fact that the dollar will remain the world’s reserve currency forever, and that the US can inflate without consequences indefinitely. The international victims of the scheme, however, are looking for a way out, writes Dante Bayona. This audio Mises Daily is narrated by Allan Davis.

If the payoff is high enough, universities are happy to award degrees based on political connections, writes Predrag Rajšic. This audio Mises Daily is narrated by Robert Hale.

It is now fashionable in some intellectual Catholic circles to disparage free markets at every turn, but this requires the critics to ignore the core of free-market philosophy: the Golden Rule, writes Randy England. This audio Mises Daily is narrated by Robert Hale.

Low interest rates combined with high-risk fractional reserve banking creates a powder keg on which we’re sitting today, writes Frank Hollenbeck. This audio Mises Daily is narrated by Keith Hocker.

Politicians tell us that tax cuts aren't necessary for economic growth. But when a politically-powerful company offers to move to town and hire people, the politicians fall all over themselves to offer a tax cut. Ordinary business owners, meanwhile, get no such offers, writes Crosby Kemper III and Rex Sinquefield. This audio Mises Daily is narrated by Keith Hocker.

Many still blame “deregulation” for the financial disaster that was caused by an intricate web of federal laws and regulations, writes Dale Steinreich. This audio Mises Daily is narrated by Robert Hale.

The Argentine government has a habit of spending without restraint and then trying to cheat its creditors. But this time, it's run into a problem, writes Nicolás Cachanosky. This audio Mises Daily is narrated by Robert Hale.

Hollywood has a long history of joining forces with the US government. In recent decades a complex system of subsidies and direct assistance from various government agencies in the making of movies has helped bring the state and the entertainment industry even closer together, writes Salmaan Khan. This audio Mises Daily is narrated by Robert Hale.

War has been at the heart of much pro-government ideology, and remains so today, writes Lew Rockwell. This audio Mises Daily is narrated by Allan Davis.

With the failure of central planning, many economists see government as an entrepreneurial institution that fosters efficiency and economic growth, writes Tyler Kubik. This audio Mises Daily is narrated by Keith Hocker.

“Progressives” throughout history repeatedly show a fondness for social engineering and state control, writes Andrew Syrios. This audio Mises Daily is narrated by Allan Davis.

The First World War began one hundred years ago, and it was a total disaster for Europe. The war destroyed not only the bodies and capital of millions of human beings, but it also destroyed the ideology and economy of the peaceful and prosperous century that had come before, writes Ryan McMaken. This audio Mises Daily is narrated by Allan Davis.

Booms and busts are brewing in the real economy, but computers that can quickly solve math problems won’t tell you much about how business cycles work, writes Jonathan Newman. This audio Mises Daily is narrated by Allan Davis.

The corn, sugar, and ethanol industries in the US are all part of a complex system of government subsidies and other favors, writes Dave Albin. This audio Mises Daily is narrated by Robert Hale.

Unlike the War on Poverty, the War on Drugs is a real and bloody war by the United States against a minority group known as drug buyers and sellers, writes Randall Holcombe. This audio Mises Daily is narrated by Allan Davis.