Mises Media

Bob revisits Böhm-Bawerk’s critique of the exploitation theory of interest to answer modern claims that billionaires like Elon Musk must have “stolen” their wealth from workers who supposedly create 100 percent of a firm’s value.

Related:

• Böhm-Bawerk’s Critique of the Exploitation Theory of Interest: Mises.org/HAP534a
• Böhm-Bawerk’s Karl Marx and the Close of His System: Mises.org/HAP534b

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

Mark Thornton revisits the Skyscraper Curse—the eerie pattern linking record-height towers to major busts—and argues the next signal is flashing for 2026. Saudi Arabia’s Jeddah Tower has restarted and is reportedly adding floors fast, poised to surpass the world record. Mark explains why skyscraper records tend to coincide with late-cycle excess, and how to read the next 12–24 months without superstition.

The Skyscraper Curse: And How Austrian Economists Predicted Every Major Economic Crisis of the Last Century by Mark Thornton: https://mises.org/curse

Anatomy of the Crash, edited by Tho Bishop: https://mises.org/crash

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

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

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

When it comes to the great political economist John C. Calhoun, most people love him or hate him. In this episode, economic historian Patrick Newman joins us to take a more balanced look at Calhoun, his origins as a War Hawk and nationalist, and why he was never a true Jeffersonian. 

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

On this episode of Power and Market, Ryan, Connor, and Tho discuss the reported probe into Fed Chair Jerome Powell. Is this actual accountability for malfeasance, or a petty battle of DC egos? At the end of the day, does the difference matter? And should Powell be encouraged that central banks around the world are standing in solidarity with him? The panel dives into these questions and more. 

If NATO members aren't even safe from other NATO members then what value is the alliance? There is one good thing that could come out of a Greenland war: it would probably destroy NATO.

Be sure to follow the Loot and Lobby podcast at Mises.org/LL

Bob talks with Dr. Peter Klein about the recent U.S. operation in Venezuela and the social-media backlash against “international law,” using it as a springboard to clarify what law is, how it can exist without a world government, and why Austrians care about polycentric legal orders.

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

People who lost their homes last year in the LA wildfires are finding government roadblocks to rebuilding, due to systems put in place by progressives. And nothing will change.

Original article: https://mises.org/mises-wire/bait-and-switch-victims-la-wildfires-find-local-government-wants-them-gone

Trump says he wants to spend half a trillion more dollars on military spending, even as federal spending persists at Biden-Era levels and interest on the debt climbs ever upward. 

Original article: https://mises.org/mises-wire/trump-wants-500-billion-more-pentagon-deficits-mount

Central bankers are not afraid Trump will “politicize” the Fed and turn it into a crony arm of the government that warps the economy to benefit those close to power. They’re afraid his blind inflationism and lack of subtlety will make it impossible to hide the fact that it already is.

Read the article here: https://mises.org/mises-wire/central-banking-establishment-genuinely-worried-about-trump-not-reasons-they-say

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

This feud is little more than two factions within the Federal government fighting over how exactly to use the Fed’s many powers to inflate, exploit, and help fund an ever expanding federal government.

Original article: https://mises.org/mises-wire/trumps-justice-dept-launches-criminal-probe-against-feds-powell