Speaking at the recent Mises Institute Supporters Summit, Mark Thornton argues that lasting reform comes from the bottom up, not from political edict. Drawing on Hayek’s “worst get to the top” insight, Mark contrasts elite-driven prohibition with the citizen-led wave of decriminalization and legalization across states and abroad. Mark also explains the role of “salutary neglect” by local officials, the Oregon backlash as a failure of property-rights enforcement—not of liberty—and the scholarly case against the drug war. The crux: markets and civil society integrate; top-down policy divides.Be sure to follow Minor Issues at https://Mises.org/MinorIssues
On this episode of Radio Rothbard, Jonathan Newman joins Ryan and Tho to discuss this week's Fed rate cut, and to breakdown down Jerome Powell's most recent press conference.
When studying praxeology, something as trivial as the recipe for chocolate cake can become a way to better teach us Austrian economics.Original article: https://mises.org/mises-wire/recipes-rothbard-what-chocolate-cake-can-teach-about-economics
Murray Rothbard’s view of the origins of World War II has an important lesson for us today.Original article: https://mises.org/mises-wire/murray-rothbard-and-world-war-ii-origins
Dr. Alex Pollock joins the Human Action Podcast to explain his recent Congressional testimony on the Fed’s growing insolvency and mandate overreach. The Fed now admits to $243 billion in operating losses and nearly $1 trillion in mark-to-market losses, leaving it with negative capital of about $197 billion. Dr. Pollock explains how the central bank transformed itself into “the biggest 1980s-style savings and loan in history” — funding short while buying long, and bleeding cash as interest rates rose.Rear Dr. Pollock's Testimony: Mises.org/HAP523aRead More from Dr. Pollock: Mises.org/HAP523bThe Mises Institute is giving away 100,000 copies of Hayek for the 21st Century. Get your free copy at Mises.org/HAPodFree
Henry Hazlett wrote in Economics in One Lesson that each generation has to relearn economic fallacies that government employs when implementing bad policies. New Yorkers are about to learn a lot of new lessons.Original article: https://mises.org/mises-wire/all-means-elect-mamdani-and-watch-his-socialist-laboratory-work
Trump's team is citing the fentanyl crisis to justify its escalations near Venezuela. But virtually all illicit fentanyl is made and smuggled thousands of miles away. If war or regime change in Venezuela is good for the American people, why hide the true motivations?Original article: https://mises.org/mises-wire/trump-administration-lying-us-another-war
The food stamp program is a way for PepsiCo and the Coca-Cola company to legally rip off the taxpayers.Original article: https://mises.org/mises-wire/how-food-industry-lobbyists-keep-food-stamp-gravy-train-going
James Bovard surveys attacks on property rights—from “open-fields” searches and no-knock raids to eminent domain and civil asset forfeiture—showing how each erodes privacy and freedom.Sponsored by Jeff Leskovar.Recorded at the Mises Supporters Summit in Delray Beach, Florida, on October 18, 2025.
For more than 60 years, the US government has enforced a trade embargo against Cuba, ostensibly to force the communist government into collapse. The only thing that has collapsed, however, is the logic in the US policy.Original article: https://mises.org/mises-wire/brief-history-enduring-american-embargo-against-cuba
September’s fiscal surplus was not thanks to tariff revenue. In truth, it was thanks to Americans paying more in income tax. Tariffs were only 5.7 percent of revenue.Original article: https://mises.org/mises-wire/no-tariffs-did-not-cause-septembers-budget-surplus
Despite the change in the White House, critical race theory is still with us, dominating the academic sectors and being ingrained in progressive culture. We need to better recognize what it is and how it works in order to better refute it.Original article: https://mises.org/mises-wire/how-recognize-critical-race-theory
No one doubts that the US is a politically and culturally divided nation. Contrary to much of public opinion, politicians like Donald Trump did not cause the crisis. Instead, as Lawrence Mead writes, they are a symptom of the government's assault on our culture.Original article: https://mises.org/mises-wire/recognizing-roots-current-us-political-turmoil
Mark Thornton reviews David Howden’s data-driven guide to long-horizon investing in commodities, useful even for Austrians wary of statistics. Mark explains how the book’s method ranks assets by relative valuation, generates 10-year return forecasts, and frames risk premiums, using gold and silver as case studies. Mark highlights how a formal model can still complement Austrian fundamentals and capital-allocation thinking, and he previews an upcoming episode on silver that will build on these results.Purchase The Almanac of Commodities by David Howden at http://mises.org/almanacBe sure to follow Minor Issues at https://Mises.org/MinorIssues
As a true market entrepreneur, as opposed to a political entrepreneur, James J. Hill successfully built a transcontinental railroad, outcompeting his government-subsidized competitors.Original article: https://mises.org/mises-wire/myth-robber-barons-james-hill-versus-crony-competitors
Dr. Alex Pollock explains how monopoly money empowers the state to finance deficits and wars, and why legal tender laws should give way to free choice in money. He explores why genuine competitors—likely led by gold—would discipline issuers, noting central banks’ renewed appetite for bullion as an emergent currency competition.Sponsored by Yousif Almoayyed.Recorded at the Mises Supporters Summit in Delray Beach, Florida, on October 17, 2025.
On this special episode of Power and Market, Joshua Mawhorter joins Tho Bishop and Connor O'Keeffe to talk about the recent Supporters Summit, the legacy of Mises.org, and a few books they are reading.
Once again, the Trump administration’s “dealmaking” on international trade has blown up, this time pulling the rug from under US soybean farmers. This isn’t the first trade policy fiasco, nor will it be the last.Original article: https://mises.org/mises-wire/america-hurts-farmers-and-discounts-chinas-soy-imports-while-providing-crutch-argentina
Dr. Joe Salerno shows how market‑led falling prices spread growth gains even when nominal wages don’t change. The takeaway: don’t fear natural deflation—fear policies that target permanent inflation.Sponsored by Murray and Florence Sabrin.Recorded at the Mises Supporters Summit in Delray Beach, Florida, on October 17, 2025.
The governmental response to the covid pandemic was to cripple the economy. To compensate for the damage, the Federal Reserve unleashed massive inflation in an attempt to do what the Fed always does in a crisis: bail out the economic actors.Read the article here: https://mises.org/mises-wire/we-have-not-properly-reckoned-economic-insanity-2020Be sure to follow the Guns and Butter podcast at https://Mises.org/GB