Audio Mises Wire

Carl Menger, founder of the Austrian School of economics, served as the tutor for Austrian-Hungary’s Crown Prince Rudolf, the only son of Emperor Franz Joseph. But Rudolph’s untimely death in 1889 would end up changing the ruling dynamics of pre-World War I Central Europe.

Original article: https://mises.org/mises-wire/carl-menger-crown-prince-rudolf-and-marginal-revolution-never-was

Austrian economics does not share the same methodology as we see in the economics mainstream. The Austrian emphasis on praxeology provides a better explanation of economic events than does the mathematically-bound mainstream.

Original article: https://mises.org/mises-wire/praxeology-within-physics-social-sciences

Intervention begets intervention. This was the case following the American Revolution, as the consequences of inflation, credit expansion, and wartime disruptions set up for the depression of 1784 in peacetime.

Original article: https://mises.org/mises-wire/depression-1784-revolutionary-inflation-and-post-revolution-depression

While Adam Smith is celebrated in some circles as the “Father of Free-Market Economics” (Austrians would disagree), his writings on the “disadvantages” of the worker are misleading.

Original article: https://mises.org/mises-wire/how-adam-smith-helped-create-modern-unionism

As AI becomes a more important and visible part of our lives, the movement to regulate it also grows. The standard regulation narratives—that government regulates things in the name of the public interest—clearly do not fit the facts.

Original article: https://mises.org/mises-wire/cronyism-and-regulatory-capture

Every July 4th, politicians climb podiums, flags wave, a hundred million dollars’ worth of fireworks scatter across the sky, and somewhere between the hot dogs and the stadium-rock anthems, it becomes easy to confuse the theater of freedom with the substance of it.

Original article: https://mises.org/mises-wire/fireworks-regime-what-july-4th-actually-celebrates

The media tells us that the rape allegations that brought down Graham Platner’s Senate campaign just came to light. Actually, the media had those allegations for months, but sat on them to protect Platner’s campaign.

Original article: https://mises.org/mises-wire/senate-isnt-his-oyster-after-all-graham-platners-socialist-vessel-turned-out-be-leaky

"The main aim of American foreign policy is to impose the will of our ruling elite on the rest of the world." 

Original article: https://mises.org/mises-wire/war-system

Contrary to a common—and incorrect—critique of Rothbard, he was not a fanciful purist who refused to support any political movement that failed to be perfectly libertarian in every way. 

Original article: https://mises.org/mises-wire/why-rothbard-sided-american-revolutionaries

Most readers are familiar with the 1964 Civil Rights Act. They are less familiar with the 1957 Civil Rights Act.

Original article: https://mises.org/mises-wire/consolidating-federal-power-under-civil-rights-act-1957