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Audio recordings of Mises Wire articles, offering contemporary news and opinion through the lens of Austrian economics and libertarian political economy.
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The Lens – UK Responsible Business Podcast is a Business in the Community podcast. We aim to create an open and unscripted conversation between current and future leaders and to challenge the way we all think about responsible business. The Lens creates a space for leaders to convene, always with one eye on the future. Our guests’ conversations cover anything from climate change, the unintended consequences of AI and automation and access to ‘good work’, through to topics such as inclusivity ...
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Every Wednesday Balder Hageraats and Dario Hasenstab examine how Western countries are increasingly lost in their own delusions on the world stage, and what can be done to bring them back to reality. We discuss issues ranging from geopolitics and human rights to development aid and current affairs, all through the lens of the Western Bubble.
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Ricoh & McKie Consultants: Creating a responsible culture – a win for business and for people
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This month our host Sarah Travers is joined by Rebekah Wallis, Director - People & ESG at Ricoh UK – a leading provider of integrated digital services designed to create an exceptional employee and customer experience for people and teams wherever they are; and from Toronto in Canada Miranda McKie, Founder and CEO of McKie Consultants, an organisat…
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The US Supreme Court has been the talk of the town this week. There are plenty of impactful cases to look at from the past weeks. Donald Trump basically reveiving imunity from his actions as President, bribery being legalised and the courts centralising power around itself. Plenty of actions that are in line with a further decay of institutions in …
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The US and Iran have been mortal enemies since 1979. It is clear that the belligerent approach to dealing with Iran has failed. We need to engage policies that promote peace, not warfare. Original Article: The 45-Year-Old Cold War with Iran Is a Failure. It’s Time for a New Approach
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Lysander Spooner was one of this country’s most important libertarians. His views on economics, while flawed, are free market in principle and have some insights Austrians can appreciate. Original Article: Lysander Spooner’s Flawed War on Poverty
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The tainted blood scandal in the UK should be a warning to people about the dangers of the National Health Service. Instead, we hear endless promises of reform that never will happen. Original Article: The UK Blood Scandal Exposes British Elites
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The expansion of "civil rights" places emphasis upon "positive rights" that apply to specific groups with political privilege. This is a far cry from the concept of rights that helped build a free society in the United States. Original Article: Phony Civil Rights
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Stephanie Kelton, the most visible promoter of MMT, is being derelict in her academic duties by not replying to Per Bylund’s critique of her theories in the Quarterly Journal of Austrian Economics. Original Article: Is Stephanie Kelton Failing Her Academic Responsibility?
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Philosopher Harry Frankfurt definitely was not a product of modern academe, where wokeness and outright humbug rule. He understood that the equal-outcomes portion of DEI was neither possible nor desirable. Original Article: Harry Frankfurt, Humbug, and the Battle against Wokery
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Caitlin Clark, with her array of basketball skills, has filled arenas in her inaugural WNBA season. However, the idea of merit clashes with the leftist, egalitarian mindset that dominates in the league, and the early reaction to her success has been discouraging. Original Article: Caitlin Clark, Bullying and the Business of Basketball…
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Is charity a right held by everyone or should charity be confined to private, voluntary action within a free market? David Gordon argues for the latter. Original Article: What Price Charity?
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The socialist elites that dominate our institutions insist that private property is nothing more than a social construct held together by violence. As usual, they misunderstand that scarcity itself, which is the basis for economics, is also the basis for private property. Original Article: Private Property Comes from Scarcity, Not Law…
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In its attempt to claim that the concept of free trade is full of fallacies, The American Compass builds its anti-free trade case upon...fallacies. Original Article: The Fallacies of Conservative Protectionists
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President Biden’s student loan forgiveness scheme is really Robin Hood in reverse, transferring wealth from people from lower-income groups to those who are relatively affluent. Original Article: Joe Biden’s Reverse Robin Hood Student Debt Cancellation
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The abolition of chattel slavery was a great advancement for human liberty. But many of those celebrating Juneteenth today still accept the core assumptions that underlie slavery. Original Article: The Problem with Juneteenth
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Commercial real estate in the USA is facing a major crisis which could not have been possible without the enabling of the Fed and the draconian restrictions imposed during covid. As commercial real estate prices collapse, the usual suspects call for even more bailouts. Original Article: How Washington and the Fed Caused the Commercial Real Estate C…
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Murray Rothbard noted that the culture wars are not the result of conservative intransigence but rather of progressive elites’ insistence on forcing new cultural rules on people who don’t want to be coerced. Original Article: Resisting the Brave New Culture
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As if the government has not done enough destruction in the housing market, there now is a scheme to have the government nationalize second mortgages. Given the previous disaster with primary mortgages, we do not anxiously await the outcome of this proposal. Original Article: The State Wants to Nationalize Second Mortgages. What Possibly Can Go Wro…
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What does the state do when in a financial fix? Unlike the rest of us, it legally counterfeits. By so doing, it transfers wealth to those who are politically connected—and then lies about it. Original Article: The State’s Best-Kept Secret
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Can we blame the average voters for their votes for destructive policies? To what extend are they victims or the establishment? To what extend should voters see through false promises? Today we are discussing a disagreement between us to what extend individuals in the West can be held accountable for their decisions. This podcast is published with …
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In his 2006 book The Wages of Destruction, Columbia University historian Adam Tooze explains Hitler’s policy of seeking lebensraum (living room). However, Ludwig von Mises (whom Tooze ignores) already explained that policy in his 1944 Omnipotent Government. Original Article: The Quest for Lebensraum
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Like bad money driving out good money, government intervention can also create Gresham’s law conditions for entrepreneurs. Using the political process, bad entrepreneurs can get government to regulate entrepreneurial competition out of business. Original Article: How Bad Economic Policies Drive Out Good Entrepreneurs…
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As the war in Ukraine drags on in its third year, Ukraine is bleeding and the future is even more gloomy. Unfortunately, even though it is time to end this conflict, the Biden administration continues to demand this war be fought to the last living Ukrainian. Original Article: There Are Only Downsides to Prolonging the War in Ukraine…
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As AI continues to develop, the prophets of doom claim that it will “take over” and create a dystopian society. Far from being an “existential threat,” AI is a tool that can be used for good or ill. Original Article: AI: “Existential Crisis” or Excuse for Cronyism?
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Thanks to the war uniparty that controls Washington, Americans are mired in endless wars and military and political intervention. As Washington creates legions of new enemies, the future for average Americans grows uncertain. Original Article: Has Interventionism Jeopardized America’s Future?
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Alex Pertsev, a developer of Tornado Cash, has been sentenced to prison by a Dutch court for helping build a platform that guarantees financial privacy. If there is one thing the state cannot tolerate, it is someone making financial transactions without government agents watching. Original Article: Governments Hate Privacy Software…
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Various indexes are used to determine the ease of doing business in countries around the world. Not surprisingly, the nations that allow for protection of private property and have economic freedom also are the most prosperous. Original Article: The Best Thing Governments Can Do for Business Is Get Out of the Way…
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The decolonization movement seeks to destroy both economics and science, all in the name of social justice. In the end, however, what they get is not justice and certainly not order, but rather chaos, and deadly chaos at that. Original Article: Decolonizers’ Assault on Science
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The endless bubble economy has a new lending craze: loans backed by AI chips. The problem is that while the chips serve as collateral, companies right now cannot make enough revenue to cover their costs. Original Article: The Unsustainable AI-Driven Lending Boom
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Socialists pride themselves on their supposed good intentions even as they fashion policies that create havoc and harm the people socialists claim to be helping. Ludwig von Mises called it destructionism. Original Article: The Socialist Road to Destruction amid So-Called Good Intentions
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In the aftermath of Donald Trump's conviction in Manhattan—a political show trial, to be sure—David Gordon reviews Danilo Zolo’s, Victor’s Justice, which examined the Nuremberg Trials following World War II. Original Article: The Menace of Political Show Trials
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Ordinary people cannot stop the Fed and the government from inflating the currency, but they can take measures to shield themselves from some of its harmful effects. Mark Thornton presents a few ideas on how it can be done. Original Article: How People Can Better Fight Inflation
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While our political “leaders” insist that the government is “protecting” us, it offers the same kind of “protection” that mobsters offer: pay us to “protect” you, or we burn down your place with you in it. Original Article: Do You Know Who’s Hitting You?
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In order to vastly expand the regulatory state, the Biden administration is using fake cost-benefit ratios to make its regulations seem less costly and more beneficial. This is clearly fraudulent, but no bureaucrat will be charged with any crimes. Original Article: The Biden Administration Uses Fudged Numbers to Justify Imposing Punitive Regulation…
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From Profits to Pandering: How Government Turned Universities and Businesses into DEI Bureaucracies
Long before government mandates and pressure infected businesses and universities with the DEI virus, Ludwig von Mises explained how bureaucracies infect the decision-making process. Original Article: From Profits to Pandering: How Government Turned Universities and Businesses into DEI Bureaucracies
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The case against Donald Trump was utterly ridiculous. Yet he was convicted anyway. Opponents of the political establishment need to understand why. Original Article: The Lesson of the Trump Conviction
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This June, US President Biden said that “Russia will not stop at Ukraine, and “All of Europe will be threataned”. Where is this fear of war coming from? Why is the West so afraid of it? How does this influence our foreign policy thinking? This podcast is published with the help of RAIA and edited by RAIA member Julia Ohm but is an individual projec…
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One of the problems in presenting economic concepts to a public audience is that too many people in the academic world do not comprehend the simple presence of opportunity cost. Original Article: Scott Galloway’s TED Talk Reveals a Basic Ignorance of Economics
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Asset forfeiture is another term for state-sponsored theft. Reform of this pernicious policy is almost impossible because of the incentives set up by governments at all levels. Original Article: No Honor Among Government Thieves: The Evil of Asset Forfeiture
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Robert Reich is an economic fallacy machine, and he has begun a ten-week series in which he claims to debunk economic myths. Of course, to do so, he has to create economic myths and present them as factual. Original Article: Debunking Robert Reich’s Debunking
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Keynesian economists believe that the key to increasing economic growth is increasing the supply of money in circulation. Money, however, is a means of exchange, not a means of payments. The difference is vital to understanding economics. Original Article: Does Increasing the Money Supply also Increase Economic Growth?…
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Political and academic elites claim that economic freedom is the antithesis of civilization. They claim that functioning civilization can come only from a welfare state, a nonsensical proposition Original Article: Civilization Depends upon Economic Freedom
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The Tennessee Board of Regents for higher education is finding that their DEI efforts are not successful, and the Tennessee legislature has become skeptical. It might be better to scrap the DEI collectivist “solutions” altogether. Original Article: Unsuccessful DEI Efforts Meet Legislative Opposition in Tennessee…
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David Gordon reviews How to Run Wars, by Christopher J. Coyne and Abigail R. Hall. Their tone is satirical, aimed at showing the folly and corruption that marks the policies of the foreign policy elites. Original Article: Coyning US into War
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What makes a libertarian society libertarian? Certainly, one must begin—as did Murray Rothbard—not only with the nonaggression principle, but also with the unequivocal protection of private property rights. Original Article: Distinguishing Libertarian Philosophy from Political Strategy
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The US government’s recent arms sale to Israel is a reminder that arms sales have become a significant part of US foreign policy, as well as a major source of instability around the world. Original Article: US Arms Sales Are a Clear and Present Danger
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Switzerland has been a neutral country for about five hundred years. Sweden also has a tradition of neutrality, but it has recently changed its position, to its own detriment. Original Article: Switzerland Still Cherishes its Traditional Neutrality
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Mainstream economists insist that data alone can explain economic events, permitting them to test economic theories. In truth, without sound theory, data is meaningless. Original Article: Can Data by Itself Inform Us about the Real World?
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Even though the US had a semilibertarian revolution, there are few libertarians in representative governance. Original Article: Why Does America Have a Lack of Libertarian Representation?
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While her record is hardly perfect, Judy Shelton has been a rarity among monetary economists: an advocate for gold and sound money. Original Article: Judy Shelton’s Lasting Legacies
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Central banks intervene in order to “create demand,” and then they intervene in order to try to mitigate the damage they caused earlier. This is a never-ending scenario of economic destruction. Original Article: Central Banks Are Destroying Our Economies
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