While the 1979 default was relatively small, the 1934 default affected millions of Americans who had bought Liberty Bonds mistakenly thinking the government would make good on its promises. Original Article: "Yes, the US Government Has Defaulted Before" This Audio Mises Wire is

Advocates of Keynesian economics believe the Federal Reserve should pursue policies that will prevent the possible decline of the economy into a liquidity trap. But what is a liquidity trap? Economic activity often is presented in terms of a circular flow

Every time the United States reaches its debt limit, we read that it is important to reach an agreement to lift it. The narrative is that the debt ceiling must be raised, or the US economy will suffer a severe contraction.

Anticapitalist politicians claim intervention can "level the playing field," but when we look closely, we realize that government itself creates the imbalances. Original Article: "Does Government Create a "Level Playing Field" or Does It Make the Field More Uneven?" This Audio Mises Wire

After the recent midterm election, when it became apparent that Americans would have a divided new Congress, it wasn’t long before the word bipartisan started showing up as an adjective to modify a whole host of legislative proposals and discussions.

Can private markets only be regulated by government? Hindenburg Research's successes against corporate corruption suggest otherwise. Original Article: "How Markets Are Better than Government Regulators at Fighting Corporate Corruption" This Audio Mises Wire is generously sponsored by Christopher Condon. 

Banking is a complicated process for working-class people who fail to comply with anti–money laundering regulations. Know your customer (KYC) requirements mandate prospective clients to provide their source of funding and possible employment history. Such policies make it difficult for working-class entrepreneurs

Contrary to the claim that taxpayer subsidies for higher education provide great social benefits, these subsidies actually are a wealth transfer from the less-well-off to wealthy people. Original Article: "Subsidizing Higher Education Is Not Creating Widespread External Benefits" This Audio Mises Wire is