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Mises Media episodes

  • The Division of Labor

    On the latest episode of Minor Issues, Mark Thornton explains why the modern discussion of the division of labor is distorted by bad theory and political incentives. Mark contrasts Adam Smith's view with the Austrian tradition—especially Mises’s—where the division of labor is driven and continuously reorganized by entrepreneurial judgment under uncertainty, disciplined by profit and loss. Mark also shows why technocrats and social engineers love an entrepreneur-less story of specialization, why Marxists found support in Smith’s labor-theory drift, and why the real gains from specialization depend on individual differences that markets harmonize through exchange.

    Enter the 2026 Stocks vs. Manure Prediction Contest at https://mises.org/form/stocks-vs-manure-2026

    See “The Division of Labor Is at the Very Core of Economic Growth” by Per Bylund in The Next Generation of Austrian Economics: Essays in Honor of Joseph T. Salerno: https://mises.org/MI_160_A

    Join us for the Mises Institute's first event of 2026, featuring Keith Smith, Caitlin Long, Ryan McMaken, Per Bylund, and Timothy Terrell: "Entrepreneurship Beyond Politics: Mises Circle in Oklahoma City." Register today at https://mises.org/okc

    Order a Minor Issues tumbler today! https://mises.org/MinorIssuesTumbler

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

    13 min
  • The Fed Does Nothing

    Dr. Jonathan Newman joins Tho and Connor to discuss Jerome Powell's favorite type of FOMC meeting: a boring one. No cuts, no concerns, no drama in the eyes of the soon-to-be-former Fed Chair. The guys try to bust his bubble on this episode of Power and Market.

    Don't forget, the Mises Institute's first event is coming up on February 21st in Oklahoma City. Join us for a look at Entrepreneurship Beyond Politics.

    Are you a grad student interested in Austrian economics? Consider the Mises Institute Summer Fellowship program this summer. Click here for more details.

    46 min
  • Surprise! Mamdani Is Governing Like a Socialist

    By hiring a communist as his main housing adviser, New York Mayor Zohram Mamdani is fully committed to driving out private ownership of rental properties and handing over apartments to the city and politically-connected organizations. It will only make housing problems worse.

    Original article: https://mises.org/mises-wire/surprise-mamdani-governing-socialist

    0 min
  • Why the Federalists Hated the Bill of Rights

    The Bill of Rights transformed the Constitution from one of supreme and total national power to a partially mixed polity where the liberal anti-nationalists at least had a fighting chance.

    Original article: https://mises.org/mises-wire/why-federalists-hated-bill-rights

    27 min
  • Trump’s Embrace of Economic Leftism Will Destroy the Legacy He’s Desperately Trying to Build

    Trump is clearly focused on building a legacy in his second term with his domestic vanity projects and dramatic foreign interventions. But his actual legacy is shaping up to be defined by his lack of progress on affordability.

    Read the article here: https://mises.org/mises-wire/trumps-embrace-economic-leftism-will-destroy-legacy-hes-desperately-trying-build

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

    6 min
  • We Can Have Unity or We Can Have Freedom. We Can't Have Both.

    While unity sounds like a nice thing to have, when it comes to politics and nation-states, experience repeatedly shows that unity is the tool of those who build state power at the expense of freedom. 

    Original article: https://mises.org/mises-wire/we-can-have-unity-or-we-can-have-freedom-we-cant-have-both

    16 min
  • Latest Federal Killing in Minnesota Echoes Ruby Ridge

    The latest killing of a protester in Minneapolis by federal agents is reminiscent of the shooting of Vickie Weaver by a government sniper in 1992. In both cases, the government has refused to acknowledge wrongdoing and has engaged in legal coverups.

    Original article: https://mises.org/mises-wire/latest-federal-killing-minnesota-echoes-ruby-ridge

    0 min
  • Gold Exports, Trade Deficits, and Tariffs

    Bob responds to James Rickards’ recent tweet on record U.S. gold exports driving an improved trade balance, walking through the official data on non-monetary gold, Trump-era tariff uncertainty, and the broader question of what chronic trade deficits really mean in a post-gold-standard world. 

    Related:

    • The Charts Used in this Episode: Mises.org/HAP535a
    • Bob's Recent Talk on Trade Deficits: Mises.org/HAP535b
    • Bob's Econlib Article on Oil Prices: Mises.org/HAP535c

    Politicians don’t build prosperity. Entrepreneurs do. Join Keith Smith, Caitlin Long, Ryan McMaken, Per Bylund, and Timothy Terrell for our first event of 2026: Mises.org/HAHC

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

    0 min

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Podcasts, interviews, lectures, narrated articles and essays, and more. This is the Mises Institute's primary online media catalog.