If a tree falls in the forest and nobody is there to hear it, does it make a sound? Niall Ferguson, the celebrated British historian now at Stanford’s Hoover Institution has spouted his own version of that age-old riddle. In

It is widely held that the central bank is a key factor in the determination of interest rates. By popular thinking, the Fed influences the short-term interest rates by influencing monetary liquidity in the markets. Through the injection of liquidity,

Our guest is Ted Okon, a nationally recognized expert on the policy and politics of cancer care. Mr. Okon has testified before Congress on cancer issues and is frequently on Capitol Hill discussing the nation’s cancer care delivery system. SHOW NOTES​ Ted

In June 2021, Missouri passed a new law stating it would not assist in the enforcement of federal gun laws. Tho and Ryan discuss how states can use strategies like this to resist federal laws within the states. Marijuana legalization

In a previous installment, I pointed out that in On Liberty, John Stuart Mill advocated for minority opinion to be specially “encouraged and countenanced,”1 and thus that Mill was not an absolute free market thinker where opinion is concerned. Mill suggested

Bob concludes his series on areas where he’s changed his mind. This episode covers the economics of climate change, fractional reserve banking, the US gold standard, his notorious inflation bets, Nelson Nash’s Infinite Banking Concept, and the God of the

An unbanked population, an economy dependent on remittances, and dollarization. These combine to make El Salvador a perfect case study for bitcoinization. Original Article: "El Salvador Blazes the Path to Bitcoinization" This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated

We live at a time when politicians and bureaucrats only know one public policy: more and bigger government. Yet, there was a time when even those who served in government defended limited and smaller government. One of the greatest of

Value-as-experience is an insight from Austrian economics. Value is not inherent in objects or even in services. Value is not derived from functional use, but is the good feeling the consumer experiences during consumption. Consistent with the Austrian understanding of