No, We Don’t Need More Nuclear Weapons
Advocates for more military spending tell us the taxpayer must pay to expand the US's nuclear arsenal. Because of China. In truth, the US's arsenal is in no danger of not "keeping up." Original Article: "No, We Don't Need More Nuclear Weapons" This Audio
Adaptation to climate change at Northwestern North Carolina ski resorts
From the local paper (Changing climates means changing ski season): Snowfall in the High Country is around 25 percent less than the long-term average, according to data from local meteorologist Ray Russell of Ray’s Weather Center. However, local ski resorts only
Does Cost Cutting Undermine Economic Growth?
Keynesian economists claim that cost cutting by companies in order to protect profits can lead to an economic slump. They believe that if everyone tries to cut costs, demand from retrenched workers for goods and services weakens, and as a
Defending Private Property: Principles of Justice in Rothbard’s Ethics of Liberty
The Murray N. Rothbard Memorial Lecture, sponsored by Steven and Cassandra Torello. Recorded at the 2023 Austrian Economics Research Conference hosted at the Mises Institute in Auburn, Alabama, March 16–18, 2023. The Austrian Economics Research Conference is the international, interdisciplinary meeting of
Why Fractional Reserve Banking Is behind Bank Failures
Drug addicts suffer major withdrawal symptoms when they go cold turkey. In the case of high-tech startups and their banks (like Silicon Valley Bank), the super-low-interest-rate stimulant has been taken away by the drug dealer (the Fed) via interest rate
The Bank of England: Money Creation in Their Own Words
Central banks usually don't admit their guilt in the destruction of money, but the Bank of England unwittingly comes clean. Original Article: "The Bank of England: Money Creation in Their Own Words" This Audio Mises Wire is generously sponsored by Christopher Condon.
The Last Lie Government Will Ever Tell
The more powerful a government, the more likely it is to engage in war and conquest. Case in point: US involvement in Ukraine. In 2014 the US led a coup that displaced a “democratically elected” president, Viktor Yanukovych. In November 2013, . . .
Socialism Isn’t about Creating Economies. It Is about Amassing Political Power
Most socialists are not misguided about how to have a prosperous economy, for that is not their goal. Original Article: "Socialism Isn't about Creating Economies. It Is about Amassing Political Power" This Audio Mises Wire is generously sponsored by Christopher Condon.
Influencers and Subjective Value: They Have Something to Teach Us
The latest from the world of social media is the role of "influencers." There is a perfectly good economic explanation for their popularity. Original Article: "Influencers and Subjective Value: They Have Something to Teach Us" This Audio Mises Wire is generously sponsored by
How Banking Could Work
With commercial banks exposed by the recent bailouts, Americans question whether “their money” is truly safe despite the promises of FDIC insurance. Jeff and Bob walk through the mechanics of how a full reserve bank could work in a truly free