Global markets are showing they can't handle even a tiny bit of tightening by the Federal Reserve, and other central banks are doubling down on rock-bottom interest rates, writes David Haggith. After six years of "recovery" can we ever abandon endless easy money?This audio Mises Daily is narrated by Ben Wiegold.

Politics operates according to principles that would horrify us if we observed them in our private lives, and would get us arrested if we lived by them. The state can steal and call it taxation, kill and call it war, writes Lew Rockwell.This audio Mises Daily is narrated by Ben Wiegold.

The public has been successfully conditioned to view the use of cash as something suspicious. Meanwhile, thanks to growing pressure from government, private business now often considers cash to be more trouble than it's worth, writes Paul-Martin Foss.This audio Mises Daily is narrated by Ben Wiegold.

Thanks to our bankrupt economic policies, faith in our regime will soon be shaken whether we like it or not. Fortunately, we don't need a majority to make some changes for the better, writes Ron Paul.This audio Mises Daily is narrated by Ben Wiegold.

New technologies, such as the blockchain technology behind digital currencies like bitcoin, may in the future facilitate the convenient use of precious metals as money once again, writes Thorsten Polleit.This audio Mises Daily is narrated by Ben Wiegold.

The United States is notable for incarcerating a very large portion of its population compared to other countries. Surprisingly, this may increase homicide rates and lead to enclaves of ex-cons which would help explain why so many homicide victims have criminal records, writes Justin Murray.This audio Mises Daily is narrated by Ben Wiegold.

Communities like Baltimore and Ferguson have been crippled by government regulations and the American nanny state. Now is the time to allow local residents to break free of government wage controls, government schooling, and government prohibitions, writes Mark Thornton.This audio Mises Daily is narrated by Robert Hale.

In recent decades, the tech sector has brought us newer and better goods and ever-dropping prices. In an unhampered market, the same would happen across the entire economy. But, the Fed won't allow this to happen, writes Edin Mujagic.This audio Mises Daily is narrated by Robert Hale.

When Mother Teresa used her Nobel Prize money to fund services for the poor, she was exhibiting "self-interest," but not selfishness. Like virtually everyone else, she used her property to achieve an end she valued, but which benefited others as well, writes Gary Galles.This audio Mises Daily is narrated by Robert Hale.

When it comes to romantic relationships, people ruthlessly discriminate and make an endless number of subjective judgments. Most agree that it is absurd to regulate these relationships while not realizing that the same is true of all business relationships as well, writes Julian Adorney.This audio Mises Daily is narrated by Robert Hale.

Thanks to the central bank, those who worked hard and "played by the rules" all their lives now face an uncertain future as inflation chips away at their savings and threatens their financial stability, writes Shawn Ritenour.This audio Mises Daily is narrated by Robert Hale.

Brazil's government has long been devoted to the idea that more government spending will create more economic prosperity. For a time, it seemed to work, but now reality and disillusionment have set in, writes Antony Mueller.This audio Mises Daily is narrated by Robert Hale.

Natural rights are fundamentally different from goods and services. Judge Napolitano explains in his new book how the acquisition of a mere service — security — cannot be based on the destruction of rights, which cannot be traded away, writes David Gordon.This audio Mises Daily is narrated by Robert Hale.

We're now in the world of negative interest rates, and Mises’s insights about human action are the key to understanding the implications of this, and in understanding the impossibility of a negative “natural” or “originary” interest rate, writes Thorsten Polleit.This audio Mises Daily is narrated by Robert Hale.

The new Netflix series Marco Polo might have descended into a forgettable story of palace intrigue, but it fortunately explores far more interesting themes of family, loyalty, and how the state demands everyone sell out his values a little more every day, writes Ryan McMaken.This audio Mises Daily is narrated by Robert Hale.

Many have tried to create a division between "political freedom" and "economic freedom." But all freedoms ultimately depend on economic freedom, and our view of economic exchange dictates our view of politics, writes Patrick Barron.This audio Mises Daily is narrated by Robert Hale.

The Europeans have decided to limit funding and credit extended to the Greeks. This puts the Greek financial system under pressure, but there are free-market solutions that could set the Greeks on the path to a sound economy, writes Frank Hollenbeck.This audio Mises Daily is narrated by Clay Barnett.

In recent years, some economists, contrary to long-established and widely-accepted economic theory, have been claiming that increases in the minimum wage do not increase unemployment. But both logic and the data say otherwise, writes Andrew Syrios.This audio Mises Daily is narrated by Robert Hale.

Government likes to put out lots of data showing things like income and employment for huge numbers of people. The problem is, this tells us almost nothing about how real-life people are hurt or helped by government intervention, writes Gary Galles.This audio Mises Daily is narrated by Robert Hale.

Free markets have provided an abundance of goods and comforts for even low-income households. But constant government intervention in the work, lives, and incomes of the poor continues to create many barriers to economic success, writes Ryan McMaken.See here, here, and here for more information on how the minimum wage makes low skilled workers legally unemployable.This audio Mises Daily is narrated by Clay Barnett.

The opposite of secession is annexation wherein governments extend their monopolies over a greater territory. Just as secession naturally limits the power of states, annexation extends it, and should be opposed, writes Ryan McMaken.This audio Mises Daily is narrated by Robert Hale.

If we want to lower the cost of health care, we should seek to increase the availability of health care services, including increases in trained medical personnel. Government, however, acts repeatedly to prevent the entry of more doctors into the marketplace, writes Logan Albright.This audio Mises Daily is narrated by Clay Barnett.

The European Central Bank is ramping up its easy-money policies in an effort to spur inflation, which it hopes will improve the economy. The wealthy and powerful will benefit from this, but most everyone else is in big trouble, writes Frank Hollenbeck.This audio Mises Daily is narrated by Robert Hale.

Our daily lives are determined by our choices as individual economic actors. When governments intervene in our personal economics, they intervene in our personal preferences and choices, writes Hunter Hastings.This audio Mises Daily is narrated by Dianna Keiler.

The Greeks may still default, and that would mean big trouble not so much for Greece as for other EU member states who will be on the hook for even more bailouts, writes Frank Hollenbeck.This audio Mises Daily is narrated by Robert Hale.

The homeownership rate is now back where it was forty years ago. So what did all that federally-subsidized homebuying over the past decade accomplish? There was a lot of malinvestment, and a lot of politically-favored interest groups that got richer, writes Ryan McMaken.This audio Mises Daily is narrated by Clay Barnett.

States could attract more businesses and jobs by lowering taxes and making government smaller. But since governments hate cutting taxes and regulations, they instead choose to lure new firms with temporary tax breaks and special favors, writes Jeff Scribner.This audio Mises Daily is narrated by Robert Hale.

True welfare and value can only be achieved through exchange when it is fully voluntary. When the state intervenes to "improve" trade, it destroys value, all the government stats notwithstanding, writes Patrick Barron.This audio Mises Daily is narrated by Dianna Keiler.

Opponents of free markets sometimes describe market competition of dog-eat-dog, but that metaphor has nothing to do with markets and everything to do with politics and war, writes Gary Galles.This audio Mises Daily is narrated by Dianna Keiler.

North Korea is one of the most heavily sanctioned regimes on earth, but in the midst of a new and young generation of North Koreans adept at using black markets, it’s clear that trade with North Korea must be embraced, writes J. Wiltz.This audio Mises Daily is narrated by Dianna Keiler.

Where police fail, as at Ferguson and in Detroit, private firms and volunteers have stepped in. And yet the state continues to claim that its employed enforcers are a thin blue line between order and chaos, writes Julian Adorney.This audio Mises Daily is narrated by Dianna Keiler.

One hundred years ago, the combatants of World War One fought themselves to a standstill. The warring regimes then used the opportunity to clamp down on internal dissent and a host of other liberties, writes T. Hunt Tooley.This audio Mises Daily is narrated by Robert Hale.

Those who voted for the omnibus to avoid a shutdown fail to grasp that the consequences of blindly expanding government are far worse than the consequences of a temporary government shutdown, writes Ron Paul.This audio Mises Daily is narrated by Dianna Keiler.

It's become common for populists to claim that what's good for businesses is bad for workers. It remains unclear, however, where all those workers are supposed to find jobs, writes Peter St. Onge.This audio Mises Daily is narrated by Dianna Keiler.

Every person has different goals for himself, which means everyone will value differently the means to attain those ends. No central planner can know these goals and values, writes Frank Shostak.This audio Mises Daily is narrated by Dianna Keiler.

Economists can use their knowledge for both good and evil, and for those in government, such knowledge is often used to deceive and make government programs look less costly than they are, writes Gary Galles.This audio Mises Daily is narrated by Keith Hocker.

States wish to gain monopolies and maintain them in all facets of life, while entrepreneurs strive to offer alternatives to the state. It's our job to prevent the state from simply declaring the competition illegal, writes Julian Adorney.This audio Mises Daily is narrated by Dianna Keiler.

Entrepreneurs need very specific information about their products, markets, customers, and profits. Government macroeconomic data, however, does nothing to assist entrepreneurs to obtain this important information, but only helps justify economic intervention, writes Frank Shostak.This audio Mises Daily is narrated by Keith Hocker.

Eighty years ago, Mises's The Theory of Money and Credit first appeared in English. It remains one of the most important books on money and inflation penned in the twentieth century, and it still offers the clearest analysis and understanding of booms and busts, inflations and depressions, writes Richard Ebeling.This audio Mises Daily is narrated by Robert Hale.

Our global system of fiat moneys favors spenders and borrowers over savers. Low—and moderate—income households who wish to save for the future are at the greatest disadvantage, and this has led to profound cultural changes over the past century, writes Guido Hülsmann.This audio Mises Daily is narrated by Keith Hocker.

Collective security agreements allow many countries's politicians to shift the cost of national defense to taxpayers outside their own countries. Moral hazard, belligerence, and over-reliance on military solutions often ensue, writes Patrick Barron.This audio Mises Daily is narrated by Robert Hale.

Malcolm D. Magee's new book on Woodrow Wilson examines a much-neglected topic: the role of Wilson's religion in his enthusiasm for war and his goal to “conquer, convert, and change the nations.”This audio Mises Daily is narrated by Dianna Keiler.

The Economist recently opined that interest rates don't affect investment. This claim is based on an empirical study that contradicts what we already know: that lower prices lead to more demand. In the end, the problem lies with the researches who fail to account for the behavior of central bankers, writes Peter St. Onge.This audio Mises Daily is narrated by Robert Hale.

Ludwig von Mises held that middle-of-the-road policy in economic interventionism eventually leads to widespread socialism. With price controls, protectionism, and rampant inflation, Venezuela and Argentina have proven him right, writes Iván Carrino.This audio Mises Daily is narrated by Dianna Keiler.

Economics Nobel Prize winner Jean Tirole still clings to the old neoclassical model "perfect competition" and monopoly, writes Frank Shostak. This audio Mises Daily is narrated by Robert Hale.

Berlin provides us with an example that comes as close to that of a controlled social experiment as one could probably hope to get, writes Hans Hoppe.This audio Mises Daily is narrated by Keith Hocker.

Awash in foreign aid from the United States for decades, Pakistan now finds itself having to look to the very countries that once used Pakistan as a model, to find a way out of its military-industrial malaise, writes Salmaan A. Khan.This audio Mises Daily is narrated by Dianna Keiler.

Many people think that tipping is a results from stingy employers not paying a "living wage." But tipping solves multiple economic problems while making employers more likely to hire untried workers, writes Kenneth Zahringer.This audio Mises Daily is narrated by Robert Hale.

Adapted from “Imperialism and the Logic of War Making.” War is the outcome of class conflict inherent in the political relationship — the relationship between ruler and ruled, parasite and producer, tax-consumer and taxpayer. The parasitic class makes war with purpose and deliberation in order to conceal and ratchet up their exploitation of the much larger productive class, writes Joe Salerno.This audio Mises Daily is narrated by Dianna Keiler.

With 100 years having passed since the start of the First World War, the view of the war among historians and the public has evolved in many ways. Historian Hunt Tooley examines the turning points in how the world sees the Great War. This audio Mises Daily is narrated by Robert Hale.

Price changes are the solution to a problem, not the problem itself. We should focus on what causes the price changes in the first place, writes Mateusz Machaj. This audio Mises Daily is narrated by Robert Hale.

The term “quid pro quo” has been twisted to now include government handouts and state-mandated exchanges, writes Gary Galles.This audio Mises Daily is narrated by Robert Hale.

Tom Woods explains the “unacceptable“ opinions behind freedom and free markets.This audio Mises Daily is narrated by Keith Hocker.

Efficient banks have many options for lenders and credit when banking crises hit. It's the inefficient and insolvent banks that must turn to a central bank, writes Nicolás Cachanosky. But do we really want central banks that reward insolvency and encourage inefficiency? This audio Mises Daily is narrated by Keith Hocker.

Christopher Westley reports from this year's National Association of Business Economists Convention. He finds that the mainstream's intellectual blinders are firmly in place, and that the “fatal conceit” Friedrich Hayek wrote about in 1988 is alive and well in 2014.This audio Mises Daily is narrated by Robert Hale.

Although it's clear that they offer no economic net benefit, American cities are building taxpayer-funded sports stadiums every chance they get. Billionaire team owners and politicians benefit greatly while ordinary taxpayers do less well, writes Salmaan A. Khan. This audio Mises Daily is narrated by Keith Hocker.

How much is Obama's war on ISIS going to cost you? You don't want to know, writes Daniel McAdams.This audio Mises Daily is narrated by Robert Hale.

Libertarians — and Murray Rothbard in particular — are not pacifists, but reject the killing of innocents and other unjustified forms of military aggression, writes David Gordon.This audio Mises Daily is narrated by Dianna Keiler.

Don't expect sustained opposition to war to come from either side, writes Andrew Syrios. This audio Mises Daily is narrated by Keith Hocker.

In their new book "Money", Steve Forbes and Elizabeth Ames write with insight about the dangers of inflation and easy money, but ultimately, they fail to follow through on their analysis and instead make peace with monetary expansionism, writes David Gordon. This audio Mises Daily is narrated by Robert Hale.

Not unlike governments, ponzi schemer Bernie Madoff used his victims' money to exhibit his "generosity" through charitable giving projects, writes Brandon Dutcher. This audio Mises Daily is narrated by Keith Hocker.

The modern health insurance industry, a by-product of government regulation and tax policy, has led to a system in which the consumer of medical services doesn’t know the costs or final prices charged for services. Without a functioning system of price signals, prices cannot be contained, writes Willem Cornax. This audio Mises Daily is narrated by Keith Hocker.

The smaller the size of government, the less power it has to hobble free enterprise with taxes and regulations, writes Ron Paul. This audio Mises Daily is narrated by Robert Hale.

In "The Theory of Money and Credit", Mises provided the basics for the long-sought explanation for that mysterious and troubling economic phenomenon — the business cycle, writes Murray Rothbard. This audio Mises Daily is narrated by Robert Hale.

Politicians and regulators usually don’t know what they don’t know about everything from health care to your small business, but that sort of compound ignorance won’t stop them from regulating the minutiae of everyday life and commerce, writes Gary Galles. This audio Mises Daily is narrated by Robert Hale.

Drug warriors rely on bad and manipulated data to make the claim that respecting private property rights in Colorado is “terrible public policy,” writes Mark Thornton. This audio Mises Daily is narrated by Keith Hocker.

Historical revisionism is the process of unmasking government excuses for war and war-making, writes Ralph Raico. This audio Mises Daily is narrated by Robert Hale.

Supporters of minimum wage hikes claim they have little or no effect on employment, the law of demand makes it clear the effects of price controls are very real, writes Josh Grossman. This audio Mises Daily is narrated by Keith Hocker.

The NCAA ensures there is no functioning job market for athletes and no competition to which students might go seeking higher pay, writes Andrew Syrios. This audio Mises Daily is narrated by Keith Hocker.

In a free market, entrepreneurs profit by providing something of value that people will voluntarily purchase, writes Hans-Hermann Hoppe. This audio Mises Daily is narrated by Robert Hale.

Supporters of government interventions like minimum wages. Careful analysis reveals another story, however, writes Kenneth Zahringer. This audio Mises Daily is narrated by Robert Hale.

Political consultants and mainstream reporters are fixated on electoral politics, as if no other form of societal change were conceivable, writes Lew Rockwell. This audio Mises Daily is narrated by Keith Hocker.

Politicians and the mainstream media have faith in the central banks to manipulate and manage the global economy. Unfortunately, things are not so easy, writes Patrick Barron. This audio Mises Daily is narrated by Keith Hocker.

Austrian economists have been wrongly accused of many intellectual crimes when it comes to fractional reserve banking. Robert Batemarco adds some clarity to the debate.This audio Mises Daily is narrated by Robert Hale.

Menger, Walras and Jevons are credited with creating the marginal revolution in economics. Carl Menger's contribution to this revolution, however, should be regarded as something distinct, unique, and more rigorous, writes Mateusz Machaj. This audio Mises Daily is narrated by Robert Hale

There’s a lot of exciting work being done in the field of literary studies, which isn’t usually known for its sound economics, writes Matt McCaffrey. This audio Mises Daily is narrated by Robert Hale.

Austrian capital theory explains why creating a more technologically-advanced society is easier said than done, writes Mark Tovey. This audio Mises Daily is narrated by Keith Hocker.

Thanks to Henry Hazlitt, Paul Cantor and others, a body of work by free-market literary critics is now beginning to emerge, writes Jo Ann Cavallo. This audio Mises Daily is narrated by Robert Hale.

The Fed and it's friends blamed cold weather for much of the year's lackluster economic growth. But cold weather does not explain the economic slowdown because cold weather does not stop economic activity, it merely shifts it to other activities and products, writes Devin Leary-Hanebrink. This audio Mises Daily is narrated by Allan Davis.

Economists often rely on the assumption of “other things equal.” The problem arises when politicians ignore the economy and unintended results, writes Gary Galles. This audio Mises Daily is narrated by Allan Davis.

US sanctions against Russia are just the latest incentive for the world's economies to avoid dealing with the dollar, writes Ron Paul. This audio Mises Daily is narrated by Allan Davis.

When it comes to your local police, there is no shopping around, there is no customer service, and there is no choice, writes Jeff Deist. This audio Mises Daily is narrated by Allan Davis.This audio Mises Daily is the transcript from a talk delivered at the 2014 Houston Mises Circle. 

An economy cannot be successfully planned with computers and technicians. Mises and Hayek proved this decades ago, writes Nicolás Cachanosky. This audio Mises Daily is narrated by Allan Davis.

Dating someone can come with a very high opportunity cost and can lead to great emotional distress and more, writes Julian Adorney. So why doesn't the government regulate dating? This audio Mises Daily is narrated by Robert Hale.

The Fed and the Treasury are betting on the fact that the dollar will remain the world’s reserve currency forever, and that the US can inflate without consequences indefinitely. The international victims of the scheme, however, are looking for a way out, writes Dante Bayona. This audio Mises Daily is narrated by Allan Davis.

Elizabeth Warren outlines 11 Commandments of Progressivism and each requires coercion and politics to succeed, writes William Anderson. This audio Mises Daily is narrated by Allan Davis.

If the payoff is high enough, universities are happy to award degrees based on political connections, writes Predrag Rajšic. This audio Mises Daily is narrated by Robert Hale.

It is now fashionable in some intellectual Catholic circles to disparage free markets at every turn, but this requires the critics to ignore the core of free-market philosophy: the Golden Rule, writes Randy England. This audio Mises Daily is narrated by Robert Hale.

Politicians tell us that tax cuts aren't necessary for economic growth. But when a politically-powerful company offers to move to town and hire people, the politicians fall all over themselves to offer a tax cut. Ordinary business owners, meanwhile, get no such offers, writes Crosby Kemper III and Rex Sinquefield. This audio Mises Daily is narrated by Keith Hocker.

Low interest rates combined with high-risk fractional reserve banking creates a powder keg on which we’re sitting today, writes Frank Hollenbeck. This audio Mises Daily is narrated by Keith Hocker.

Many still blame “deregulation” for the financial disaster that was caused by an intricate web of federal laws and regulations, writes Dale Steinreich. This audio Mises Daily is narrated by Robert Hale.

The Argentine government has a habit of spending without restraint and then trying to cheat its creditors. But this time, it's run into a problem, writes Nicolás Cachanosky. This audio Mises Daily is narrated by Robert Hale.

Hollywood has a long history of joining forces with the US government. In recent decades a complex system of subsidies and direct assistance from various government agencies in the making of movies has helped bring the state and the entertainment industry even closer together, writes Salmaan Khan. This audio Mises Daily is narrated by Robert Hale.

War has been at the heart of much pro-government ideology, and remains so today, writes Lew Rockwell. This audio Mises Daily is narrated by Allan Davis.

With the failure of central planning, many economists see government as an entrepreneurial institution that fosters efficiency and economic growth, writes Tyler Kubik. This audio Mises Daily is narrated by Keith Hocker.

“Progressives” throughout history repeatedly show a fondness for social engineering and state control, writes Andrew Syrios. This audio Mises Daily is narrated by Allan Davis.

Booms and busts are brewing in the real economy, but computers that can quickly solve math problems won’t tell you much about how business cycles work, writes Jonathan Newman. This audio Mises Daily is narrated by Allan Davis.

The First World War began one hundred years ago, and it was a total disaster for Europe. The war destroyed not only the bodies and capital of millions of human beings, but it also destroyed the ideology and economy of the peaceful and prosperous century that had come before, writes Ryan McMaken. This audio Mises Daily is narrated by Allan Davis.

The corn, sugar, and ethanol industries in the US are all part of a complex system of government subsidies and other favors, writes Dave Albin. This audio Mises Daily is narrated by Robert Hale.

Unlike the War on Poverty, the War on Drugs is a real and bloody war by the United States against a minority group known as drug buyers and sellers, writes Randall Holcombe. This audio Mises Daily is narrated by Allan Davis.

Labor unions work to prevent increases in the productivity of workers, which is ultimately the only way to increase real wages, writes George Reisman. This audio Mises Daily is narrated by Robert Hale.

Only individuals can determine what is efficient for themselves, writes Gary Galles. This audio Mises Daily is narrated by Robert Hale.

The lack of revolutions, even in highly-taxed societies points to the possibility that many are willing to tolerate rather high taxation rates, writes Peter St. Onge. This audio Mises Daily is narrated by Allan Davis.

It is worth remembering that much of the tourist economy in the West is a subsidized invention of the federal government, writes Ryan McMaken. This audio Mises Daily is narrated by Keith Hocker.

Right-to-work laws substitute one government mandate for another, writes Logan Albright. This audio Mises Daily is narrated by Robert Hale.

Real reform of the Fed begins with setting interest rates free, the abolition of deposit insurance, and ending the Fed’s position as lender of last resort, writes Brendan Brown. This audio Mises Daily is narrated by Robert Hale.

Keynesians are fond of overstating both the magnitude of the trade deficit and its alleged negative effects, writes Joseph Salerno. This audio Mises Daily is narrated by Keith Hocker.

It is not a coincidence that an increasing percentage of child migrants to the US border are from areas devastated by the American drug war, writes Mark Thornton. This audio Mises Daily is narrated by Keith Hocker.

Stiglitz wants to revitalize industrial policy through greater government intervention to favor certain technologies over others, writes Stewart Dompe and Adam C. Smith. This audio Mises Daily is narrated by Robert Hale.

Say’s insights continue to challenge interventionist economists to this day. Everl Schoorl’s new biography sheds new light on Say’s life and works, writes Carmen Dorobat. This audio Mises Daily is narrated by Keith Hocker.

Rothbard explores Bruno Leoni’s call for a return to the ancient traditions and principles of "judge-made law" as a method of limiting the state and insuring liberty. This audio Mises Daily is narrated by Allan Davis.

The true benefits of the Louisiana and Alaska Purchases are less clear than their value to pro-government propaganda, writes David Howden and Daniel Atienza. This audio Mises Daily is narrated by Keith Hocker.

In examining newspaper editorials of the nineteenth century and Jefferson's own views of secession, Thomas DiLorenzo explores the once-widespread belief, both North and South, that the American states were part of a voluntary union. This audio Mises Daily is narrated by Allan Davis.

Many Austrians saw the bust coming, and thanks to Austrian economics, we also better understand the details of how booms and busts work, writes Hal Snarr. This audio Mises Daily is narrated by Allan Davis.

Industrious low-income people often must turn to doing business in the black market to avoid the burdensome costs of government regulations, writes Peter St. Onge. This audio Mises Daily is narrated by Allan Davis.

Shinzo Abe’s so-called “three arrows” of monetary stimulus, fiscal stimulus, and structural reform, have crippled the Japanese economy, writes Andy Sirkis. This audio Mises Daily is narrated by Keith Hocker.

In a free-market economy, firms threatened with competition often respond by searching for ways to increase efficiencies, attempting to lower costs and improving on economies of scale and scope. Meanwhile, protectionists and labor unions seek to avoid having to become more efficient by simply outlawing competition, writes Christopher Westley. This audio Mises Daily is narrated by Clay Barnett.

It is now clear that the Fed and the European Central Bank are hard-wired to inflate the money supply while encouraging banks to make excessively risky loans, writes Frank Hollenbeck. This audio Mises Daily is narrated by Clay Barnett.

Many Christians call for legislation to regulate, control, and ban activities that they deem as social vices, writes Bryan Cheang. This audio Mises Daily is narrated by Clay Barnett.

For 100 years, the Fed has served to protect the interests of powerful banks through inflationary monetary policy, writes Benjamin Wiegold. This audio Mises Daily is narrated by Keith Hocker.

Socialism can only be maintained when one group imposes its will by force on all other groups, writes D.W. MacKenzie. This audio Mises Daily is narrated by Allan Davis.

ECB’s Mario Draghi has taken over from Ben Bernanke as the world’s most enthusiastic money printer, writes Brendan Brown. This audio Mises Daily is narrated by Allan Davis.

A result of a complex system of subsidies and other government favors, it is unclear that fracking would be sustainable in a truly free marketplace, writes Sal Ahmed. This audio Mises Daily is narrated by Clay Barnett.

In his new book, Capital In the Twenty-First Century, Piketty fails to understand how savings and investment work, writes George Reisman This audio Mises Daily is narrated by Keith Hocker.

Given the many failures of the state, many will mistakenly seek a solution in “limited government," writes David Gordon. This audio Mises Daily is narrated by Clay Barnett.

A little-known loophole in federal law allows people with disabilities to be employed below the minimum wage, writes Nicholas Freiling. Why the exemption? This audio Mises Daily is narrated by Allan Davis.

Defenders of government coercion often claim that residence within a state’s boundaries imply consent to be taxed, writes Walter Block. This audio Mises Daily is narrated by Allan Davis.

The European Central Bank’s recent move to negative interest rates is a sign that the ECB is hitting the panic button, writes Frank Hollenbeck. This audio Mises Daily is narrated by Keith Hocker.

The vastly greater productivity of a relatively-free populace makes for greater per capita tax revenue, writes Dan Sanchez. This audio Mises Daily is narrated by Clay Barnett.

Any government intervention in the economy, such as, loan programs, regulations, and subsidies, creates malinvestments, writes Dayne Girard. This audio Mises Daily is narrated by Allan Davis.

Governments don’t like it when neighboring countries offer freedoms not available at home, writes Ryan McMaken. This audio Mises Daily is narrated by Allan Davis.

Government intervention in health care has driven up health care prices. Mainstream journalists choose to focus on profits and “greed” as the problem, writes Rich Brents . This audio Mises Daily is narrated by Keith Hocker.

Smuggling has often played a pivotal role in important events and episodes in American history, writes Mark Thornton. This audio Mises Daily is narrated by Clay Barnett.

In 1946, as now, the government held up the threat of deflation to justify a policy of ultra-low interest rates, writes James Grant. This audio Mises Daily is narrated by Clay Barnett.

Although Frédéric Bastiat disproved it years ago, many still believe that natural disasters increase economic growth, writes Frank Hollenbeck. This audio Mises Daily is narrated by Allan Davis.

When governments spend, regulate, and tax, they decrease household take-home pay while diverting savings and investment to the government class, writes Gary Galles. This audio Mises Daily is narrated by Allan Davis.

Merely increasing demand does not increase production or produce wealth, writes Patrick Barron. This audio Mises Daily is narrated by Clay Barnett.

Swiss voters recently rejected a proposal to introduce the world’s highest minimum wage, writes Benjamin M. Wiegold. This audio Mises Daily is narrated by Clay Barnett.

Inflation puts a brake on social mobility: the rich stay rich (longer) and the poor stay poor (longer) than they would in a free society, writes Guido Hülsmann. This audio Mises Daily is narrated by Clay Barnett.

Thanks to cheap money and malinvestment, new record-setting skyscrapers are being planned and built as the global fiat-money-induced boom continues, writes Mark Thornton. This audio Mises Daily is narrated by Clay Barnett.

Easy money policy hurts most people, particularly workers and savers, and redistributes their wealth to the ruling elites, writes Mark Thornton. This audio Mises Daily is narrated by Keith Hocker.

Libertarians must never compromise, even if it means accepting partial victories, writes Murray N. Rothbard. Murray Rothbard (1926–1995) was dean of the Austrian School. He was an economist, economic historian, and libertarian political philosopher.This audio Mises Daily is narrated by Clay Barnett.

In socialist countries of old, it was easy to find cookies and candies in state-owned stores while fresh meat and bread was rare, writes Jim Fedako. This audio Mises Daily is narrated by Joe Kohlhaas.

One of Carl Menger’s contributions was his primacy of the consumer in determining value and price, not only in the marketplace but in all economic activity, writes Christopher Westley.This audio Mises Daily is narrated by Keith Hocker.

War increases government spending, inhibits free trade, and lays the foundation for numerous future conflicts, writes Ron Paul. This audio Mises Daily is narrated by Clay Barnett.

Supreme Court justices are politicians, who behave in the manner Public Choice theory tells us they should, and they seek to preserve and expand their own power, writes Ryan McMaken. This audio Mises Daily is narrated by Keith Hocker.

The real sovereign is the small ruling class that makes the final decisions in the state of emergency, writes Carlo Lottieri and Luigi Marco Bassani. This audio Mises Daily is narrated by Keith Hocker.

Enemies of laissez faire wish to saddle it with much unsavory baggage, writes Frank Chodorov. Frank Chodorov (1887–1966) was an advocate of the free market, individualism, and peace.This audio Mises Daily is narrated by Clay Barnett.

To blame every income discrepancy on discrimination leads to very odd conclusions, writes Andrew Syrios. This audio Mises Daily is narrated by Keith Hocker.

The affluence of free markets makes it possible to pursue goals few of us would have the means to pursue otherwise, writes Gary Galles.This audio Mises Daily is narrated by Keith Hocker.

The European Central Bank is deeply concerned about deflation, and deflation paranoia is a convenient way to justify propping up southern Europe, writes Frank Hollenbeck.This audio Mises Daily is narrated by Joe Kohlhaas.

Recent research has shown that the United States government functions to benefit wealthy interests while ignoring the average citizen, writes Ryan McMaken. This audio version of the Mises Daily is narrated by Clay Barnett.

Mark Thornton presents the case for selling beer at college football games.This audio Mises Daily is narrated by Clay Barnett.

The Big Pharma–FDA nexus is just one giant conflict of interest against the general public, writes Mark Thornton.This audio Mises Daily is narrated by the author.

The fact that men are born unequal in regard to physical and mental capacities cannot be argued away, writes Ludwig von Mises.This audio Mises Daily is narrated by Harold Fritsche.

Spooner's anarchism was, like his abolitionism, another valuable part of his pietist legacy. For, here again, his pietistic concern for universal principles brought him to a consistent and courageous application of libertarian principles, writes Murray N. Rothbard (1926–1995).This audio Mises Daily is narrated by Harold Fritsche.

In this article, Llewellyn H. Rockwell Jr. touches on Ron Paul's political career.This audio Mises Daily is narrated by Harold Fritsche.

Watermelon: "green" on the outside, red on the inside. Rio Earth Summit: "Watermelons of the World Unite!"This audio Mises Daily is narrated by Harold Fritsche.

Hitler is the modern archetype of political evil, but many who condemn him still embrace his policies, writes Llewellyn H. Rockwell Jr.This audio Mises Daily is narrated by Harold Fritsche.

Instead of solving the initial problem, the intervention creates two or three further problems, which the government feels it must intervene to heal, writes Murray N. Rothbard (1926–1995).This audio Mises Daily is narrated by Harold Fritsche.

Tim Jackson, a professor of sustainable development at the University of Surrey, suggests that greater productivity may have reached its "natural limits", writes David Gordon.This audio Mises Daily is narrated by Harold Fritsche.

The market economy as a field of liberty, spontaneity, and free coordination cannot thrive in a social system that is the very opposite, writes Wilhelm Röpke (1899-1966).This audio Mises Daily is narrated by Harold Fritsche.

In 1918, the Soviet Union became the first country to promise universal "cradle-to-grave" healthcare, writes Yuri N. Maltsev.This audio Mises Daily is narrated by Harold Fritsche.

Fascism cartelizes the private sector and denies fundamental rights and liberties to individuals. This describes mainstream politics, writes Llewellyn H. Rockwell Jr.This audio Mises Daily is narrated by Harold Fritsche.

Libertarians must form and maintain organizations not only to promote their broad principles but to promote these principles in special fields, writes Henry Hazlitt (1894–1993).This audio Mises Daily is narrated by Harold Fritsche.

Today's worldwide fiat-money regime has effects that extend beyond what most people would imagine, writes Thorsten Polleit.This audio Mises Daily is narrated by Harold Fritsche.

Government is in the last resort the employment of armed men, of policemen, gendarmes, soldiers, prison guards, and hangmen, writes Ludwig von Mises (1881–1973).This audio Mises Daily is narrated by Jeff Riggenbach.

You always remember books that change your mind, because these books are so few and far between, writes Doug French.This audio Mises Daily is narrated by Colin Hussey.

The audio version of the Mises Daily article for August 23, 2011. [6:50]

Education will only be reformed once parents and entrepreneurs are free to create real alternatives to broken systems, writes Aaron Smith.This audio Mises Daily is narrated by Keith Hocker

The Malthusian fallacy created the common view that economics is cold, hardhearted, excessively rational, and opposed to the welfare of people, writes Murray N. Rothbard (1926–1995).This audio Mises Daily is narrated by Jeff Riggenbach.

"Desertion" sounds ominous, but it merely describes the right to quit, writes Jeffrey A. Tucker.This audio Mises Daily is narrated by Steven Ng.

No one wants a needle park in his or her neighborhood, but that is exactly what prohibition brings. Prohibition also brings increased violence and property crime. Legalization would bring commercially produced products that are reasonably priced, writes Mark Thornton.This audio Mises Daily is narrated by the author.

If Congress passed legislation that systematically reduced the debt ceiling over time, the economy could be rebuilt on a solid foundation. Entrepreneurs in the productive sectors would realize that an ever-increasing proportion of resources (land, labor, and capital) would be at their disposal, writes Mark Thornton.This audio Mises Daily is narrated by the author.

It is simply impossible for one immersed in the political game to think normally. If we accept as normal the thought processes of those who make a living in the marketplace, then the tergiversations of the political mind must be considered abnormal or "crooked", writes Frank Chodorov (1887–1966).This audio Mises Daily is narrated by Colin Hussey.

There is a revolution afoot, one that is happening much more quickly than the Industrial Revolution. We are living in the middle of it, writes Jeffrey A. Tucker.This audio Mises Daily is narrated by Steven Ng.

The NYT is angry because the courts did not stick it to another American business, writes William L. Anderson.This audio Mises Daily is narrated by Keith Hocker.

The ability to find cities to host their events lies largely on the ability to minimize drug-related problems, writes Jonathan M. Finegold Catalan.This audio Mises Daily is narrated by Joel Sams.

Bruce Ivins had the skill, the opportunity, and the motives to single-handedly produce the crisis that the state needed, writes Floy Lilley.This audio Mises Daily is narrated by the author.

Something happened in Buffalo, New York, that contradicts the propaganda of those who support "gun control", writes James Ostrowski.This audio Mises Daily is narrated by Colin Hussey.

The grave robber joins the bootlegger, the gunrunner, the drug dealer, and the ivory poacher as another phony criminal created by laws that shouldn't exist, writes Adam Young.This audio Mises Daily is narrated by Colin Hussey.

Disputants would be far better off if they could choose among competing arbitration agencies and thereby reap the benefits of competition and specialization, writes Morris and Linda Tannehill.This audio Mises Daily is narrated by Holly Hinton and Joel Sams.

Why the sudden pressure against drug prohibition? It is a burden on taxpayers. It is a burden on government budgets. It is a burden on the criminal-justice system. It is a burden on the healthcare system. The economic crisis has intensified the pain from all these burdens, writes Mark Thornton.This audio Mises Daily is narrated by the author.

The person of intelligence tends to "see things as they are," never permits his view of them to be directed by convention, by the hope of advantage, or by an irrational and arbitrary authoritarianism. His consciousness is uncontrolled by prejudice, prepossession, or formula, writes Albert Jay Nock (1870–1945).This audio Mises Daily is narrated by Joel Sams.

This great company keeps reinventing itself to serve the public: real people, not abstractions, writes Jeffrey A. Tucker.This audio Mises Daily is narrated by Steven Ng.

Every time we object to a thing being done by government, they conclude that we object to its being done at all, writes Frédéric Bastiat (1801–1850).This audio Mises Daily is narrated by Joel Sams.

The Old Right of the postwar period had a rugged and near-libertarian honesty in domestic affairs as well, writes Murray N. Rothbard (1926–1995).This audio Mises Daily is narrated by Keith Hocker.

The abolitionist would blister his thumb pushing a button that would abolish the state immediately, writes Murray N. Rothbard (1926–1995).This audio Mises Daily is narrated by Steven Ng.

Milk in its natural state — raw milk — is consumed by very few Americans, because it is illegal in many states and thoroughly discouraged by federal health organizations, regulators, and the Big Dairy lobby. Its dangers are minimal, and those are due to its prohibition, writes Mark Thornton.This audio Mises Daily is narrated by the author.

We should thank our lucky stars for air conditioning — and hope that that government won't destroy it, writes Mark Thornton.This audio Mises Daily is narrated by the author.

Roosevelt began negotiations to welcome the model killer state of the century into the community of nations, writes Ralph Raico.This audio Mises Daily is narrated by Nathaniel Foote.

Advertising must be defended by those who believe in freedom of speech — for that is all advertising is, writes Walter Block.This audio Mises Daily is narrated by Jeff Riggenbach.

The way to become an expert is as follows: don't challenge the prevailing orthodoxy of the institution; learn the history, underlying principles, and the inner workings of the institution; regurgitate the orthodoxy as you've been taught; celebrate the march of the state, writes Andrew Foy.This audio Mises Daily is narrated by Keith Hocker.

A man would die of hunger who, having decided that money is real wealth, should carry out the idea to the end, writes Frédéric Bastiat (1801–1850).This audio Mises Daily is narrated by Holly Hinton and Joel Sams.

In Austria, hardly any other economist has achieved the same kind of fame as Böhm-Bawerk, write Eugen-Maria Schulak and Herbert Unterköfler.This audio Mises Daily is narrated by Paul Strikwerda.

Don't leave the job of criminal investigation to the politicized state, writes William L. Anderson.This audio Mises Daily is narrated by Colin Hussey.

In an unhampered free-market system, the Ricardo effect is benign and progressive. It is just an interesting observation, writes Patrick Barron.This audio Mises Daily is narrated by Keith Hocker

The great sociologist William Graham Sumner explains how the imperialist wars result in the very opposite of their stated intentions.This audio Mises Daily is narrated by Steven Ng.

A tribute from the 100th anniversary of his birth by Investors Business Daily. This audio Mises Daily is narrated by Steven Ng.

For the most part, the Great Society represented the culmination of economic, political, and intellectual developments dating back a century, writes Robert Higgs.This audio Mises Daily is narrated by Steven Ng.