Mises Institute

The watchword among progressives this election season is: “Nothing less than our democracy is at stake.” In truth, democracy itself is not in danger, but one can accurately say that “democracy,” as practiced in the US, endangers our lives.

Narrated by Millian Quinteros.

Progressives blame the free market for insulin prices and want to impose price controls. But, government regulation is to blame.

Narrated by Millian Quinteros.

Not all news from the gold and monetary fronts is bad. In fact, gold made a number of advancements in seven states, including exemptions from taxes and attempts by states to restrict Federal Reserve behavior. Gold is alive and well.

Narrated by Millian Quinteros.

Historical revisionism is nothing new, and recent attempts to label an “antiracist” approach to history have wrongly been called “revisionist.” To better understand revisionism, one must first be grounded in reality, then apply reality-based thought to studying the past.

Narrated by Millian Quinteros.

Mark Thornton discusses why increased government spending not only explains ongoing wayward increases in the GDP, employment, and stock price numbers, but also why so many people decided to vote against the incumbent in favor of the challenger, Donald Trump. The key variable is that government spending in GDP statistics does not reflect true economic value the way your personal spending does.

"Federal Government: Current Expenditures" (Federal Reserve Bank of St. Louis): https://fred.stlouisfed.org/series/FGEXPND

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Interest rates, inflation, home prices, and federal spending all pose big challenges to a Trump administration that is ill-prepared to deal with the deep-seated problems in the US economy.

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Recorded on 10 May 1962, and aired on 17 May 1962 during the intermission of the U.S. Steel Concert Hour. Mises had been asked to respond to the question: “Are the interests of the American wage earners in conflict with those of their employers, or are the two in agreement?” The affluence of the rich in a capitalistic economy is not at the expense of the poor. Profits are plowed back into enterprise, benefiting the common man. The typical American worker is also a saver and investor.

This rare recording of Mises is made available through the generosity of Bettina Bien Greaves.

David Glasner is a UCLA-trained economist specializing in monetary theory and the history of economic thought. He has disagreed in print with Murphy’s take on the famous Sraffa-Hayek debate. David first explains his general views and then comments on the debate.

Bob’s Paper, “A Problem With the Pure Time Preference Theory of Interest”: https://Mises.org/HAP477a

David’s Paper “The Sraffa-Hayek Debate on the Natural Rate of Interest”: https://Mises.org/HAP477b

Supporters of intellectual property laws claim that people will not innovate unless they are protected by such legislation. In reality, people are more likely to be innovative when they encounter real free markets, not markets characterized by artificial scarcity.

Narrated by Millian Quinteros.

The Fed lowers interest rates ostensibly to “stimulate” the economy. But while the Fed claims it is strengthening the economy, it actually weakens it through its easy-money policies.

Narrated by Millian Quinteros.