The Mises Institute, founded in 1982, is an educational institution devoted to advancing Austrian economics, freedom, and peace in the classical-liberal tradition. Our website offers many thousands of free books and thousands of hours of audio and video, along with the full run of rare journals, biographies, and bibliographies of great economists.
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In this week's episode, Mark looks at "All Time Highs" in such things as stocks, real estate, and stock indexes. Housing prices hit an all time high this week, and gold is not far behind. While all time highs—or even "new highs"—are unambiguously good for owners of these assets, it is much more ambiguous as a signal about the future. Gold might be …
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Mises Institute


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The Worse-than-Medieval Economics of Climate Technocrats | Ryan Turnipseed
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Mainstream economists turned climate warriors use cost-of-production methods to determine the “true” social cost of carbon. They appeal to a discredited methodology falsely attributed to medieval Scholastics.Narrated by Millian Quinteros.Av Mises Institute
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Mises Institute


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The More Complex the Society, The Less Government Control We Need
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Progressives claim that perhaps individual freedom might be appropriate for a simpler society but that as society grows more complex, the need for government grows. As Leonard Read pointed out, however, greater complexity requires greater freedom, not less.Narrated by Millian Quinteros.Av Mises Institute
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Mises Institute


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The Inevitable Bust: Why Economic Booms Contain the Seeds of Their Own Destruction
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While the Fed tries to engineer the mythical “soft landing” for the economy, Austrian economists know that this is an exercise in futility. Once the credit-fueled boom occurs, the bust logically follows.Narrated by Millian Quinteros.Av Mises Institute
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Mises Institute


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Is ExxonMobil's Acquisition of Pioneer Natural Resources a "Threat to Democracy"?
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According to a Brown University professor, ExxonMobil threatens our democratic republic by purchasing another company. The totalitarian woke atmosphere in American higher education is the real threat.Narrated by Millian Quinteros.Av Mises Institute
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Mises Institute


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Do You Have a Right to Sell Your Land to the Chinese?
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Ryan McMaken and Benjamin Seevers examine the reasoning behind efforts to destroy Americans' right to sell land to foreign nationals, especially the Chinese. It seems some think that Chinese nationals' ownership of 0.03% of American farmland is a big problem."Arkansas' Attack on Chinese-Owned Property Is Reckless and Crony-Driven" by Benjamin Seeve…
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From the Invisible Hand to the Invisible Sleight-of-Hand | George Ford Smith
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Advocates of unbacked paper money claim that theirs is the “civilized” choice, as opposed to gold, or what Keynes called “that barbarous relic.” These inflationists, however, are the ones wrecking civilization as we have known it.Av Mises Institute
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Ten Years Ago, I Discovered the Mises Institute. These Are the Things I Wish I Had Done Differently
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Ten years ago, I discovered the Mises Institute. This is the advice I wish I could send back to my younger self.Narrated by Millian Quinteros.Av Mises Institute
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Mises Institute


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Time Preference Is the Key Driver of Interest Rates | Frank Shostak
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Forget the other mainstream explanations for interest. Time preference explains this phenomenon and gives a true picture of why interest exists in the first place.Narrated by Millian Quinteros.Av Mises Institute
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Mises Institute


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Statist Ideology and War: Israel versus Hamas | Michael Rectenwald
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As this author previously has noted, the ideology of statism is responsible for much of the violence that plagues the world. We see this played out in Israel's aggressive retaliatory attacks in Gaza in response to the October 7 killings by Hamas.Narrated by Millian Quinteros.Av Mises Institute
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Mises Institute


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October's Sobering Jobs Report Adds to Mounting Bad Economic News
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Data on employed persons, wages, and other measures point to trouble ahead in an economy already strained by growing bankruptcies, mounting debts, and disappearing savings.Narrated by Millian Quinteros.Av Mises Institute
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Mises Institute


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There's No Easy Way Out of This Debt Spiral | Ryan McMaken
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The new problem we now face arises from the fact that huge deficits are only manageable so long as interest rates remain very, very low.Narrated by Millian Quinteros.Av Mises Institute
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Mises Institute


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The "Climate Emergency": Fueled by 21st Century Marxism
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The eternal “climate emergency” is upon us. While doomsday is said to be around the corner, the reality is that the only thing rising is the level of government control.Narrated by Millian Quinteros.Av Mises Institute
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Mises Institute


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The Federal Reserve is Running Losses. Does This Cost Anyone Anything?
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The Federal Reserve is losing money, according to its official books. Does that matter, or does the Fed operate outside the bounds of the laws of economics?Narrated by Millian Quinteros.Av Mises Institute
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Mises Institute


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Israel Isn’t the Brilliant Friend of Freedom the Beltway Claims It to Be | Jeremy Powell
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While Israel receives praise for being a "democracy" in the undemocratic Middle East, its surveillance policies mirror those of China, which is decidedly not democratic.Narrated by Millian Quinteros.Av Mises Institute
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In this week's episode, Mark looks at the implications of famed investor Jim Chanos shutting down his hedge fund which specialized in shorting stocks. The closure comes as stock markets in the US hit all time record highs. Mark frames these two events in light of the Austrian Theory of the Business Cycle. Be sure to follow Minor Issues at https://M…
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Mises Institute


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Killers of the Flower Moon Is about Government Failure | Roger McKinney
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The newly-released movie "Killers of the Flower Moon" depicts what happens when politically-connected people can use the state to carry out nefarious deeds. Unfortunately, government failure is one lesson that is sure to be lost here.Narrated by Millian Quinteros.Av Mises Institute
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Is Migration a Tool of the Consumptive Class? | Jack Watt
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An unfortunate consequence of increased wealth is the growth of the parasitic consumptive class of political and cultural elites. Labor migrations often follow in the wake of damage that elites do.Narrated by Millian Quinteros.Av Mises Institute
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Mises Institute


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Should Libertarians Be Thankful for Milei's Election?
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On this episode of Radio Rothbard, Ryan McMaken and Tho Bishop discuss the aftermath of Javier Milei's election in Argentina. The two discuss the value Milei's victory has for libertarianism and Austrian economics, the challenges he immediately faces, and what steps are necessary for him to turn a winning campaign into an impactful presidency."The …
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Contra CATO: COVID-19 Vaccinations Are Not a Free Market Victory | David Brady, Jr.
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A Cato Institute associate has declared the development of the covid-19 vaccines to be a free-market “triumph.” The only thing that has triumphed in this sorry episode has been the rapid growth of coercive government power.Narrated by Millian Quinteros.Av Mises Institute
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The Interest Rate Shock Will Blow Up the Government’s Ponzi Game | Thorston Polleit
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As the federal government continues its Ponzi scheme of issuing debt to pay for past debts, interest rates will increase to the point where this no longer is a tenable strategy—if it ever was.Narrated by Millian Quinteros.Av Mises Institute
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What "Just War Theory" Really Means
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Ryan and Zachary discuss the basics of Just War Theory and whether a "moral war" is possible. They also discuss the theory's origins in natural law, and how the theory relates to pacifism, wealth, and war crimes.Be sure to follow War, Economy, and State at https://Mises.org/WES.Additional Resources"Get the US Out of the Middle East" by Ryan McMaken…
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Liberty: Stifled by the Stockholm Syndrome | George Ford Smith
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Governments regularly suppress freedom—yet few complain. One wonders if Stockholm syndrome is at work.Narrated by Millian Quinteros.Av Mises Institute
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Hostage Extraction Needs to be Privatized | Benjamin Seevers
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In the aftermath of Hamas's taking hostages in its conflict with Israel, the question arises: Who pays the ransom? State-financed payments lead to the worst outcomes and create moral hazards.Narrated by Millian Quinteros.Av Mises Institute
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You're Paying for the Israel War. You'll Also Pay for the Refugees. | Ryan McMaken
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Resettling Gazans in America—at taxpayer expense—will be sold as a "humanitarian" effort, but anyone who sees through the propaganda will see that it's really all a cynical effort to please Israeli politicians.Narrated by Millian Quinteros.Av Mises Institute
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Mises Institute


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Blaming the Free Market (Even Where It Doesn't Exist) | David Gordon
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Nobel Prize winner Angus Deaton claims that the free market cannot provide adequate medical care. Of course, he goes on to describe government failure but calls it a free market.Narrated by Millian Quinteros.Av Mises Institute
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