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Jeff and Bob discuss the effect of rising interest rates on Uncle Sam's ability to service debt—and promote the increasingly less radical idea that a default on Treasury debt is both inevitable and good. Jeff's article on rising rates: Mises.org/HAP351-1 House Budget

US foreign policy is a morass of lobbying, payouts, decisions, and power plays that violates the standards this country claims to promote. Original Article: "Who Really Makes US Foreign Policy? Who Benefits and Who Loses?" This Audio Mises Wire is generously sponsored by Christopher

On this episode of Radio Rothbard, Ryan McMaken and Tho Bishop are joined by William Yarwood of Mallard UK (MallardUK.com) for a conversation about British politics. What led to the fall of Boris Johnson? What does the Prime Minister's resignation

Although poverty has been reduced considerably in industrialized societies, it continues to attack developing countries. Approximately, 689 million people, or about 9.2 percent of the world, live in dire poverty, and most of them are in developing countries. However, through

For more than a century, the process of political centralization and state building in the United States has entailed convincing a large portion of the population that the federal government must be the final arbiter of the moral righteousness of

Michael Munger, a political scientist and economist who teaches at Duke University, argues in his excellent essay “Libertarianism and Public Choice,” included in The Routledge Companion to Libertarianism, that public choice offers a more persuasive defense of free-market libertarianism than

Real deflation—both monetary inflation and price inflation—is necessary, and that can only be accomplished if the Fed can resist the temptation to keep doing what it's been doing since 2008. Original Article: "What Will It Take to End Rampant Home-Price Inflation?" This

While most of the world lifted covid-19 restrictions and learned how to live with the virus, China moved in the opposite direction and doubled down on its zero-covid policy. Other countries, such as Australia and New Zealand, gave up on

The Federal Reserve is raising interest rates and we know what follows, given there has been more than a decade of malinvestments building up: severe recession. Original Article: "Economic Winter Has Arrived" This Audio Mises Wire is generously sponsored by Christopher Condon. 

Rather than working diplomatically to resolve the civil war in Ukraine that it played a principal role in precipitating (by backing the unconstitutional transfer of power in that country in 2014), the Biden administration spent the months leading up to