October 2022

Recorded at the Arizona Biltmore Hotel in Phoenix, Arizona on October 6th, 2022.  

Popular thinking says that banks are the key factor in the expansion of credit. However, is this really the case? For example, take a farmer Joe that produces two kilograms of potatoes. For his own consumption, he requires one kilogram, and

Some claim that slavery was the main reason for the success of the Industrial Revolution in Great Britain, but the answer lies elsewhere. Original Article: "What Drove the Industrial Revolution in Britain? It Wasn't Slavery" This Audio Mises Wire is generously sponsored

In today’s world, dominated as it is by the ephemeral, the superficial, and the inconsequential, it can be hard for a rational, dispassionate observer to make sense of what is going on—politically, socially, economically, and philosophically. It is that last aspect

Virtue-signaling politicians in New Jersey have banned single-use plastic bags, claiming to "help the environment." They need to read Hazlitt's Economics in One Lesson instead. Original Article: "Hazlitt's Lesson Restated: New Jersey's Disastrous Ban on Single-Use Plastic" This Audio Mises Wire is generously sponsored

The architect Frank Lloyd Wright played an important role in the design of this beautiful desert resort. I’m sure I’m not the only person here tonight who was introduced to his work through reading Ayn Rand. His touches are plainly

Jeff Deist recently posed the question “Is College Worth It?” My first thought when I opened the article was that he could have reduced the entire piece to a single word: “no.” This cynicism might seem odd coming from somebody

We are living through a particularly bad moment in history for free markets and capitalism. Government, not business, is promoted as the solution to all problems. Young people have never known any other environment, and one of the consequences is

The US dollar is not the world's "reserve" currency because of responsibility on behalf of the monetary authorities. Instead, the dollar's "strength" wages from the USA's self-appointed role as the world's protector. Original Article: "It's All about the Benjamins: Why the Dollar

The Wall Street Journal reported on September 22 that Turkey’s central bank cut that country’s benchmark interest rate to 12 percent from 13 percent, pushing the Turkish lira lower as much as 0.4 percent against the dollar to a new