It is understood that Marx's theories stand entirely upon his Labor Theory of Value. If that theory is discredited, so is the scenario that leads to the inevitable triumph of communism. That fact, however, doesn't stop Marx's disciples from employing other fallacies.Narrated by Millian Quinteros.By Mises Institute

Paul Cwik revisits the podcast to explain his new book, which aims to simplify ABCT for economics students and professors, especially those teaching at the principles level. Dr. Cwik critiques mainstream economic theories for oversimplifying business cycles, arguing that the Austrian theory better explains systemic errors and the boom-bust cycle dr…

On this episode of Radio Rothbard, Ryan McMaken and Tho Bishop are joined by Patrick Newman. The three discuss Dr. Newman's upcoming book, Cronyism: Rise of the Corporatist State, 1849–1929, the importance of historical revisionism in the battle against statism, and the dynamics that led to American politics being captured by special interests.Beco…

Donald Trump and Elon Musk want to make the federal government more efficient. But if the true aim of our political system is not to solve the problems facing Americans but to transfer wealth to the government and the politically-connected, the government is already very efficient.Read the Article Here: https://mises.org/mises-wire/america-doesnt-n…

Many “mainstream” economists are bothered by the popularity of economically-flawed policy proposals like tariffs and price controls. It’s their own fault.Read the Article Here: https://mises.org/mises-wire/economically-illiterate-policy-proposals-are-popular-and-economists-are-blame► Donate $5 today to support the Mises Institute’s Fall Campaign an…

Tom Luongo hosts the Gold, Goats, ‘n Guns podcast and newsletter. He explains the different factions among bankers, including rivalries between New York and San Francisco, and the US versus Europe.Read More from Tom Luongo: https://Mises.org/HAP467aBy Mises Institute

This Sunday, September 29, marks the birthday of Ludwig von Mises, and all fall campaign donations will be doubled in celebration. Join us! https://Mises.org/mi5John Maynard Keynes was an English “economist” who spawned a revolution in economic thinking that emerged out of a cesspool of socialist thinking in Britain, creating a title wave of anti-e…

It is understood that Marx's theories stand entirely upon his Labor Theory of Value. If that theory is discredited, so is the scenario that leads to the inevitable triumph of communism. That fact, however, doesn't stop Marx's disciples from employing other fallacies. Original article: New “Engels” on Marx…

The standard belief is that slavery was about obtaining “cheap labor,“ yet nothing could be further from the truth. Slavery comes with high opportunity costs, which is why American slave owners depended upon several government regulations to subsidize their “peculiar institution.” Original article: Understanding the Real Costs of Slavery: It’s Not …

Politicians have long claimed that states are like big families, and that political regimes rule in ways similar to how parents raise their families. This is nonsense. Original article: Why the Family Is Not the Model for the State

The Perfect Market Hypothesis claims that all movements in the market can be considered as random, as market players and prices adjust immediately to new information. However, market players do seek new information and seek to use it. Original article: Do Financial Markets Immediately Provide All Relevant Information?…

On this episode of Radio Rothbard, Ryan McMaken and Tho Bishop are joined by Aaron Sobczak of the Quincy Institute for Responsible Statecraft. The three discuss conservative calls to revive the “Hamiltonian tradition,” why it stands opposed to the classical liberalism of the American Revolution, and the role it has played in the growth of the moder…

The standard belief is that slavery was about obtaining “cheap labor,“ yet nothing could be further from the truth. Slavery comes with high opportunity costs, which is why American slave owners depended upon several government regulations to subsidize their “peculiar institution.”Narrated by Millian Quinteros.…

The Perfect Market Hypothesis claims that all movements in the market can be considered as random, as market players and prices adjust immediately to new information. However, market players do seek new information and seek to use it.Narrated by Millian Quinteros.By Mises Institute

Politicians have long claimed that states are like big families, and that political regimes rule in ways similar to how parents raise their families. This is nonsense.Narrated by Millian Quinteros.By Mises Institute