Mises Institute

If a politician claims that he cares about the national debt, but then won't make big cuts to current federal spending, he's either a liar or a fool.

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Historian Chris Calton joins Ryan McMaken to discuss both the upsides and the downsides of Trump’s first 100 days.

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The first 100 days of the second Trump administration have made it clear that those who want the foreign policy status quo to continue are serious about doing what it takes to accomplish their goals, while those who want to change it are not.

Read the article here: https://mises.org/mises-wire/trump-administration-not-serious-about-ending-endless-wars

The Mises Institute is giving away 100,000 copies of Murray Rothbard’s, What Has Government Done to Our Money? Get your free copy at https://mises.org/gabfreebook

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Trump has tried to claim that he favors "Main Street over Wall Street." Unfortunately, by pushing aggressive low-interest-rate monetary policy, Trump has put himself squarely in the camp of “Wall Street over Main Street.”

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James Bovard joins host Ryan McMaken to talk about how the White House went from targeting illegal aliens to seizing legal residents guilty of the "crime" of criticizing the government of the State of Israel. Do non-citizens have due-process rights? The Founding Fathers thought so.

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President Trump‘s threat to withhold $9 billion from Harvard University is being framed in the legacy media and academia as a threat to Harvard‘s academic freedom. But there is a pertinent question no pundits are even asking: Why are taxpayers being forced to give Harvard $9 billion?

Read the article here: https://mises.org/mises-wire/stop-all-federal-funding-universities

The Mises Institute is giving away 100,000 copies of Murray Rothbard’s, What Has Government Done to Our Money? Get your free copy at https://mises.org/gabfreebook

Be sure to follow the Guns and Butter podcast at https://Mises.org/GB

In this episode, Mark Thornton explores the looming threat of hyperinflation in the US. With the national debt soaring past $33 trillion and future obligations exceeding $100 trillion, can America avoid a financial crisis where prices skyrocket out of control?

Mark examines historical hyperinflations in leading economies like France and Germany, and how excessive government spending and debt played a role. Drawing on the insights of Ludwig von Mises, Mark dissects the three phases of inflation and what happens when the public loses faith in holding money.

Is hyperinflation merely an accounting problem, or does it portend economic ruin and societal breakdown? Tune in to find out, and to explore the potential consequences for our future.

Additional Resources

“Hyperinflation, Money Demand, and the Crack-Up Boom” by Thorsten Polleit: https://mises.org/MI_116_A

“Hyperinflation and the Destruction of Human Personality” by Joseph T. Salerno: https://mises.org/MI_116_B

Further Readings on Hyperinflation (Oxford University Mises Society): https://mises.org/MI_116_C

Economic Policy: Thoughts for Today and Tomorrow by Ludwig von Mises: https://mises.org/MI_116_D

The Theory of Money and Credit by Ludwig von Mises: https://mises.org/MI_116_E

Join us May 15-17, 2025, at the Mises Institute for our Revisionist History of War Conference. This is our first history conference in almost 30 years. For more details and to register, visit https://Mises.org/rhw.

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Donald Trump says he plans for a big 12% jump in military spending, he has threatened war with Iran, and has escalated the war with the Houthis. None of this has anything to do with defending the United States.

Register for Our Enemy The Bureaucracy now at https://Mises.org/Phoenix25.

Register for our Revisionist History of War Conference now at https://mises.org/rhw

Be sure to follow Radio Rothbard at https://Mises.org/RadioRothbard

Radio Rothbard mugs are available at the Mises Store. Get yours at https://Mises.org/RothMug 

PROMO CODE: RothPod for 20% off

Register for Our Enemy The Bureaucracy now at https://Mises.org/Phoenix25.

Register for our Revisionist History of War Conference now at https://mises.org/rhw

Be sure to follow Radio Rothbard at https://Mises.org/RadioRothbard

Radio Rothbard mugs are available at the Mises Store. Get yours at https://Mises.org/RothMug

PROMO CODE: RothPod for 20% off

President Trump has threatened to use the armed forces to go after the drug cartels in Mexico. Escalating the disastrous War on Drugs by incorporating the failed strategies of the War on Terror is a terrible idea.

Read the article here: https://mises.org/mises-wire/bringing-war-terror-our-southern-border-can-only-end-disaster

The Mises Institute is giving away 100,000 copies of Murray Rothbard’s, What Has Government Done to Our Money? Get your free copy at https://mises.org/gabfreebook

Be sure to follow the Guns and Butter podcast at https://Mises.org/GB

You’ve heard endless debate about the trade deficit, but what about its evil twin, the budget deficit? In this episode, Mark Thornton untangles the truth behind the so-called “twin deficits,” revealing why trade imbalances aren’t necessarily bad, and how government borrowing distorts investment, fuels inflation, and weakens long-term prosperity. Mark cuts through the economic fog and shows what’s really dragging us down.

Additional Resources

“Trade Deficits and Fiat Currencies” by Robert Murphy: https://mises.org/MI_115_A

“The Evil Twins: U.S. Federal Budget Deficits and U.S. Trade” by Jane L. Johnson: https://mises.org/MI_115_B

“The Twin Deficits” by Gary North: https://mises.org/MI_115_C

"A Dollar as Good as Gold" by Lewis E. Lehrman: https://mises.org/MI_115_D

Join the Mises Institute on April 26 in Phoenix, Arizona, as we expose the danger and waste of bureaucracy: https://Mises.org/Phoenix25

Be sure to follow Minor Issues at https://Mises.org/MinorIssues