Mises Media

In his important lectures on the history of political thought, historian Ralph Raico examined five myths that many still believe about classical liberalism and the origins of modern ideology. 

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William L. Anderson joins Tho and Connor this week to discuss Trump mobilizing federal agencies to clean up the crime-ridden city of DC and his recent book review of Margaret Roberts’ Blowback: The Untold Story of the FBI and the Oklahoma City Bombing.

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A new July report shows Trump and the GOP Congress have joined forces to drive up federal spending to the highest levels since covid. The federal debt also just passed $37 trillion.

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According to the neo-conservative war hawks, every so-called enemy is the Next Hitler and every year is 1939. The failure to seek new conflicts abroad is equated to the failure of Great Britain and France to stand up to Hitler before World War II broke out.

Original article: https://mises.org/mises-wire/every-year-1939-war-hawks

Bob explains the mechanics of modern banking and how liabilities and assets on bank balance sheets differ from popular assumptions. He shows how interest rates and central bank policy shape lending and deposit behavior, and why private companies move money differently than commercial banks. Bob also critiques the perspectives of Richard Werner, Steve Keen, and George Selgin, showing where their explanations align or fall short.

• Bob's Infineo Article, "A Biz vs. a Bank vs. the Fed": Mises.org/HAP513a
• The Charts Used in this Episode: Mises.org/HAP513b

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The US and its Western allies may scoff at this challenge, but it only became possible due to high-handedness (to use the kindest word imaginable) and outright illegality of US actions.

Original article: https://mises.org/power-market/more-thoughts-brics-and-gold-versus-us-and-dollar

The hackneyed argument for government regulation of speech -- yelling "FIRE" in a crowded theater -- has always been a red herring. As Murray Rothbard wrote, private property rights should be front-and-center when dealing with free speech issues.

Original article: https://mises.org/mises-wire/you-cant-yell-chicken-jockey-crowded-theater-except-when-you-can

The media is spinning President Trump‘s “trade deals” as a “victory” for the White House. Yet, when we break down these “deals” into their particulars, we find that American producers and consumers will be worse off than before.

Original article: https://mises.org/mises-wire/tariffs-wont-spawn-good-trade-deals

In both cases, the use of nationalism and patriotism by Brazilian governments reveals a recurring strategy: appealing to national pride to divert attention from self-inflicted crises.

Original article: https://mises.org/power-market/ambiguous-nationalism-patriotism-brazilian-politics

After the tragic 1995 Oklahoma City bombing, the FBI rolled out the same "lone nut" narrative about who did it. However, much evidence exists to show that FBI informants and agents embedded with white supremacy groups may well have been involved.

Original article: https://mises.org/mises-wire/oklahoma-city-bombing-lesson-government-lawlessness