Modern socialism is based upon state interference in normal human relationships, economic and otherwise. It is as disastrous as the older state-planning model. Original Article: "Modern Socialism Is Forced Socialization"

Modern socialism is based upon state interference in normal human relationships, economic and otherwise. It is as disastrous as the older state-planning model. Original Article: "Modern Socialism Is Forced Socialization"

Modern Socialism Is Forced Socialization

More than two thousand years ago, the ancient Chinese Tao presented ideas that are reflected in F.A. Hayek's concept of spontaneous order. Original Article: "The Tao and the Synergy of the Spontaneous Order"

More than two thousand years ago, the ancient Chinese Tao presented ideas that are reflected in F.A. Hayek's concept of spontaneous order. Original Article: "The Tao and the Synergy of the Spontaneous Order"

The Tao and the Synergy of the Spontaneous Order

At a time when ethnic politics were tearing Europe apart, Ludwig von Mises believed that such ethnic devotion did more harm than good. Original Article: "Mises and Nationalism"

At a time when ethnic politics were tearing Europe apart, Ludwig von Mises believed that such ethnic devotion did more harm than good. Original Article: "Mises and Nationalism"

Mises and Nationalism

Postwar Germany was occupied, in ruins, with an economy in chaos. Germans were reduced to using cigarettes supplied by American GIs as money. Original Article: "To Smoke or Not to Smoke: The Cigarette Economy in Postwar Germany, 1945–48"

Postwar Germany was occupied, in ruins, with an economy in chaos. Germans were reduced to using cigarettes supplied by American GIs as money. Original Article: "To Smoke or Not to Smoke: The Cigarette Economy in Postwar Germany, 1945–48"

To Smoke or Not to Smoke: The Cigarette Economy in Postwar Germany, 1945–48

Rational choice theory claims that people in the political realm act in their own self-interest. However, in today's political climate, many people act against their own interests to avoid being attacked by others. Original Article: "Why Do We Act against Our Self-Interest?"

Rational choice theory claims that people in the political realm act in their own self-interest. However, in today's political climate, many people act against their own interests to avoid being attacked by others. Original Article: "Why Do We Act against Our Self-Interest?"

Why Do We Act against Our Self-Interest?

Whether political elites promote outright socialism or interventionism, thanks to the reality of economic calculation, they are advocating a failed economy. Original Article: "Why Mises’s Theory of Economic Calculation Still Is Relevant Today"

Whether political elites promote outright socialism or interventionism, thanks to the reality of economic calculation, they are advocating a failed economy. Original Article: "Why Mises’s Theory of Economic Calculation Still Is Relevant Today"

Why Mises’s Theory of Economic Calculation Still Is Relevant Today

The Federal Home Loan Bank (FHLB) is the latest "weapon" in the government's so-called arsenal to keep the banking system afloat. But the system needs much more than just "liquidity." It needs sound money and sound banking practices. Original Article: "The Backstops for Banks Are Full of Holes"

The Federal Home Loan Bank (FHLB) is the latest "weapon" in the government's so-called arsenal to keep the banking system afloat. But the system needs much more than just "liquidity." It needs sound money and sound banking practices. Original Article: "The Backstops for Banks Are Full of Holes"

The Backstops for Banks Are Full of Holes

The fiat US dollar, while still the world's "reserve" currency, is being imperiled by reckless actions by monetary authorities. Other countries are taking notice—and action. Original Article: "How US States Could Pave the Way for Currency Competition"

The fiat US dollar, while still the world's "reserve" currency, is being imperiled by reckless actions by monetary authorities. Other countries are taking notice—and action. Original Article: "How US States Could Pave the Way for Currency Competition"

How US States Could Pave the Way for Currency Competition

Do we have a right to sunlight? How do we assert those rights? Murray Rothbard provides some answers. Original Article: "How Should We Regulate the Sun (Since Our Government Regulates Nearly Everything Else)?"

Do we have a right to sunlight? How do we assert those rights? Murray Rothbard provides some answers. Original Article: "How Should We Regulate the Sun (Since Our Government Regulates Nearly Everything Else)?"

How Should We Regulate the Sun (Since Our Government Regulates Nearly Everything Else)?

How can a bank “create money out of thin air”? We must enter the magical kingdom of “fractional-reserve banking,” where deposits are turned into loans, loans are turned into money, and so on, to find out. Original Article: "Banks Create Money out of Thin Air. What Could Possibly Go Wrong?"

How can a bank “create money out of thin air”? We must enter the magical kingdom of “fractional-reserve banking,” where deposits are turned into loans, loans are turned into money, and so on, to find out. Original Article: "Banks Create Money out of Thin Air. What Could Possibly Go Wrong?"

Banks Create Money out of Thin Air. What Could Possibly Go Wrong?

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

With each iteration of the banking crisis, the Federal Reserve System and federal regulators gain in power and authority. Maybe the banking crisis isn’t an accident. Original Article: "Is the Banking Crisis Being Orchestrated?"

With each iteration of the banking crisis, the Federal Reserve System and federal regulators gain in power and authority. Maybe the banking crisis isn’t an accident. Original Article: "Is the Banking Crisis Being Orchestrated?"

Is the Banking Crisis Being Orchestrated?

Patrick Deneen writes that the nonaggression principle promotes a liberalism that is harmful to society, as evidenced by John Stuart Mill's idea of the tyranny of public opinion. Original Article: "Misreading Mill"

Patrick Deneen writes that the nonaggression principle promotes a liberalism that is harmful to society, as evidenced by John Stuart Mill's idea of the tyranny of public opinion. Original Article: "Misreading Mill"

Misreading Mill

It's fitting that the G7 recently met in Hiroshima because the policies they are following are blowing up the world economy. Original Article: "The G7 in Hiroshima: The Latest Attempt to Impose a Unipolar World"

It's fitting that the G7 recently met in Hiroshima because the policies they are following are blowing up the world economy. Original Article: "The G7 in Hiroshima: The Latest Attempt to Impose a Unipolar World"

The G7 in Hiroshima: The Latest Attempt to Impose a Unipolar World

Argentina is one of the world's poster children for hyperinflation. Unfortunately, monetary reforms aren't working because the authorities are not serious about having a sound currency. Original Article: "The Argentinian Zombie Currency"

Argentina is one of the world's poster children for hyperinflation. Unfortunately, monetary reforms aren't working because the authorities are not serious about having a sound currency. Original Article: "The Argentinian Zombie Currency"

The Argentinian Zombie Currency

The problem here not that the central bank is "setting" the "wrong" interest rate. The problem is the Fed has long been relentlessly forcing down interest rates to satisfy various politically determined "needs." Original Article: "Wall Street to the Fed: Inflation Is Over. Give Us More Easy Money!"

The problem here not that the central bank is "setting" the "wrong" interest rate. The problem is the Fed has long been relentlessly forcing down interest rates to satisfy various politically determined "needs." Original Article: "Wall Street to the Fed: Inflation Is Over. Give Us More Easy Money!"

Wall Street to the Fed: Inflation Is Over. Give Us More Easy Money!

Rent control is all the rage with progressives, with several states and localities trying to impose it. However, when people have their property effectively—and legally—stolen, there are long-term consequences. Original Article: "Call Rent Control What It Really Is: Theft"

Rent control is all the rage with progressives, with several states and localities trying to impose it. However, when people have their property effectively—and legally—stolen, there are long-term consequences. Original Article: "Call Rent Control What It Really Is: Theft"

Call Rent Control What It Really Is: Theft

After 1820, growing numbers of propertyless squatters were voters, and this was an opportunity for politicians to offer cheap land in exchange for loyalty to the Democratic Party. Original Article: "How "Squatter Democracy" Created America's First Welfare Program"

After 1820, growing numbers of propertyless squatters were voters, and this was an opportunity for politicians to offer cheap land in exchange for loyalty to the Democratic Party. Original Article: "How "Squatter Democracy" Created America's First Welfare Program"

How "Squatter Democracy" Created America's First Welfare Program

The European Union’s General Data Protection Regulation supposedly protects people from government data abuse. In reality, it empowers governments. Original Article: "The GDPR Paradox: Empowering Government in the Name of Data Protection"

The European Union’s General Data Protection Regulation supposedly protects people from government data abuse. In reality, it empowers governments. Original Article: "The GDPR Paradox: Empowering Government in the Name of Data Protection"

The GDPR Paradox: Empowering Government in the Name of Data Protection

Socialists like Bernie Sanders and the editors of Jacobin have decried the possible US government debt default. Marx and Lenin would have vociferously disagreed. Original Article: "Socialists Should Support Government Default: Their Forebears Certainly Did"

Socialists like Bernie Sanders and the editors of Jacobin have decried the possible US government debt default. Marx and Lenin would have vociferously disagreed. Original Article: "Socialists Should Support Government Default: Their Forebears Certainly Did"

Socialists Should Support Government Default: Their Forebears Certainly Did

South Africa is suffering from rolling blackouts and other power outages. These could be avoided if the government would permit competition in electricity markets. Original Article: "Licensing Laws Deepen South Africa's Electricity Crisis"

South Africa is suffering from rolling blackouts and other power outages. These could be avoided if the government would permit competition in electricity markets. Original Article: "Licensing Laws Deepen South Africa's Electricity Crisis"

Licensing Laws Deepen South Africa's Electricity Crisis

It really helps a layman like me learn more and learn to think like an economist. It helps demystify the economy and political influences on it. I would recommend to anyone.

Great tool for learning Econ

From Mises Weekends, Radio Rothbard, to all the recordings of Mises University, etc., this is a great addition to spreading Austrian Economics.

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Audio Mises Wire

The Best Multi-Part Documentaries, with documentaries on Obama, Federer vs Nadal, the making of Star Wars, Netflix vs Blockbuster and more. Add episodes you're interested into your queue below!

Best Multi-Part Documentaries

The best podcasts on investing. For anyone interested in the stories in the investing industry, whether it's an interview with Ray Dalio or Ed Thorp to the writer of The Big Short. This topic includes the most fascinating stories from all the best investors. Add episodes you're interested into your queue below!