Mises Media

People readily line up on one side or another of great economic debates. How do they choose which side to take?

Original article: https://mises.org/power-market/why-i-side-ludwig-von-mises

President Trump’s current war with Iran not only is creating economic havoc around the world, but it is also bleeding US taxpayers. There are no good outcomes here.

Original article: https://mises.org/mises-wire/state-wars-bleed-nation-death

Mark Thornton unpacks a counterintuitive correlation: as the Persian Gulf conflict escalates, oil spikes while gold and silver slide. He explains how higher oil feeds the CPI, locks central banks out of rate cuts, and pressures precious metals through the dollar and petrodollar system, distinguishing the real monetary inflation gold tracks from the statistical indexes driving Fed decisions. Stick around for a wide-ranging Commodity Culture interview with Jesse Day on the festering world war and the path back to hard money. Plus, an update on the 2026 stocks-vs-MOO prediction contest (fertilizer is running away with it).

20% off listener offer on the new insulated Minor Issues tumbler and three of Mark's books, signed if ordered by the end of April: https://mises.org/MinorIssuesTumbler. Use coupon code Thornton.

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Parental obligations can't be reduced to a contractual or property-based relationship. Jake Desyllas joins Ryan McMaken to talk about why parents are responsible for the well-being of their children. 

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After his recent Zero Hedge debate with MMT co-founder Randall Wray, Bob takes a deep dive into the sectoral balance approach. He explains why the MMT argument is technically a tautology, how it's deeply misleading, and why the private sector doesn't need government deficits to save, invest, and accumulate real wealth.

Related:

• Is Paying Down Government Debt Bad for the Economy?: Mises.org/HAP545a
• Bob's Article, "Does History Show Government Debt Paydown Causes a Crash?": Mises.org/HAP545b

The Mises Institute is giving away 100,000 copies of Hayek for the 21st Century. Get your free copy at Mises.org/HAPodFree

In studying history, it is key to avoid definitional anachronism—failing to note how a word has changed over time and assuming the present meaning was the same in the past. This is often the case with the word currency as used in colonial America.

Original article: https://mises.org/mises-wire/note-currency-colonial-america

On this episode of Power and Market, Ryan, Connor, and Tho look at the updates on the Iran war front, including whether or not a ceasefire will last and recent reporting on Israel's influence on Trump's war decision. Plus, discussion about a recent Tucker Carlson Show guest and his view that Christianity is inherently socialist.

The New York Times claims that the "administrative state"—that is, governance by unelected bureaucrats—protects our country and enhances democracy.

Original article: https://mises.org/mises-wire/turns-out-elites-administrative-state-better-democracy

Over the centuries, many academic institutions and publications have played their role in the good work of defending freedom. The Mises Institute does this today. 

Original article: https://mises.org/mises-wire/rothbard-mises-institute-and-battle-ideas

The US finds itself once again in an undeclared overseas war. Republicans in Congress, however, are unwilling to hold Trump to the Constitution.

Original article: https://mises.org/mises-wire/donald-trump-another-bismarck