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Much is made of the failure of Republicans to make predicted gains in the recent midterm elections, but, as Ryan McMaken has pointed out, Congress plays a much-diminished role in national governance to the point that even had the so-called

After praising Mises for his work on socialism, Tyler Cowen goes on to claim Human Action is "cranky and dogmatic." "Brilliant and insightful" would have been more truthful. Original Article: "Misunderstanding Mises, Again" This Audio Mises Wire is generously sponsored by Christopher Condon. '

According to the Austrian business cycle theory, the boom-bust cycle emerges in response to a deviation in the market interest rate from the natural interest rate, or the equilibrium interest rate. As a rule, it is held, the tampering with

On July 8 this year, UK prime minister Boris Johnson resigned as Conservative Party leader after a Cabinet revolt over a series of ethics scandals had made his position untenable. A leadership election was then set in motion to allow

Daniel McCarthy joins Jeff and Bob to consider the deep unseriousness of American politics and electorate.  Willmoore Kendall's The Conservative Affirmation: Mises.org/Kendall  

In his Nations by Consent, Murray Rothbard reminds us that the concept of a nation “cannot be precisely defined; it is a complex and varying constellation of different forms of communities, languages, ethnic groups, or religions.” And yet, in most states

The US Supreme Court has heard arguments for and against affirmative action in higher education admissions. Government needs to get out of the racial discrimination business altogether. Original Article: "The Government, Race, and an Upcoming SCOTUS Decision" This Audio Mises Wire is generously sponsored

In the early decades of the Cold War, the Lutheran theologian Reinhold Niebuhr attracted a considerable following among American intellectuals who influenced foreign policy. People such as the historian Arthur M. Schlesinger Jr., who wanted to found a group called

While personal autonomy is a major topic of conversation, for Rothbard the most important thing is liberty, and liberty and automony are not always the same. Original Article: "You Don’t Know What’s Good for You" This Audio Mises Wire is generously sponsored by

Despite much anticipation, the economic recovery plan proposed by Britain’s Tory Party after the departure of former prime minister, Boris Johnson, is missing one key ingredient—spending cuts. The new “temporary budget” presented by short-term chancellor of the exchequer Kwasi Kwarteng proposed tax