Mises Media

Bob takes on a proposal for New York City to run its own grocery stores, dismantling the historical myths, economic fallacies, and rhetorical tricks behind the idea. From Flint’s water crisis to “food deserts,” he explains why government control will create shortages, low-quality food, and wasted resources.

• The Jacobin Article, "Municipal Grocery Stores Are Sensible and Obvious": Mises.org/HAP512a

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 Mises.org/HAPodFree

What happens when a society consumes its seed corn? What is capital consumption, and why does it matter? In this episode, Mark Thornton examines how inflation, deficit spending, and distorted market signals quietly erode the productive assets that fuel economic growth. Drawing on Austrian economics and insights from investor Rick Rule, Mark explains how governments and central banks incentivize the misuse of capital, leading to stagnation, underinvestment, and long-term decline. Understanding this unseen destruction is key to making sense of today’s economic malaise.

See also "Rick Rule: Shortages In Key Natural Resources To Define Next Decade": https://mises.org/MI_132_A

Register for the 2025 Mises Institute Supporters Summit in Delray Beach, Florida, October 16–18: https://mises.org/ss25

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

A relic of the Cold War, the US embargo and travel restrictions to Cuba violate American freedoms and they accomplish nothing to end Cuba's communist regime or win freedom for Cubans. Yet, this failed policy has persisted for nearly 65 years with no end in sight.

Original article: https://mises.org/mises-wire/us-travel-restrictions-cuba-violate-freedoms-americans-and-cubans

What do we mean by equality? F.A. Hayek believed that equality under law and the socialist belief of material equality were opposed to each other. Furthermore, he held liberty to be necessary for civilization itself to flourish.

Original article: https://mises.org/mises-wire/equality-under-hayekian-rule-law

Economist Joseph Salerno,  an expert on the Austrian School, money, and methodology, joins us to talk about what makes the Austrian School of economics different. 

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

Before the American Revolution, there were the Levellers, who sought liberty during the English Civil War. While their influence on the American colonists would be indirect, nonetheless, many of their ideas reflected what came after American independence.

Original article: https://mises.org/mises-wire/reintroducing-levellers

In most of the world, inflation is no longer an exception, it is the rule. Official inflation targets of 4 percent, 5 percent, or even 6 percent per year have become normalized.

Original article: https://mises.org/power-market/inflation-design-how-keynesian-dogma-undermines-capitalism

In this week's Friday Philosophy, Dr. David Gordon reviews Profit Without Apology: The Need to Stand Up For Business by Onkar Ghate and Dan Watkins. While praising the effort, he also shares some concerns.

Original article: https://mises.org/friday-philosophy/we-should-not-apologize-businesses-being-profitable

In examining the Austrian Regression Theorem of Money, Joshua Mawhorter takes on the Chartalist/MMT claim that government gives money its value. The Chartalist/MMT advocates lack a necessary cause-and-effect mechanism to prove their claims.

Original article: https://mises.org/mises-wire/last-day-barter-and-questions-first-day-chartalism

The Power and Market group looks at the redistricting fight, tries to make sense of Trump’s trade deals, and discusses the possible meeting between Putin and Trump.

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