Кращі подкасти про Audio Wire (2025)

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A Critique of Black Box Economics

29d ago

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Mainstream economists today examine economic phenomena from a “black box” perspective in which they look at inputs and outputs without trying to understand causal mechanisms that make the outcomes possible. Original article: A Critique of Black Box Economics

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The Daddylogues 37:32

24d ago37:32

37:32

Welcome to our celebration of new writing - a modern collection of moving, thought provoking and eclectic monologues about all aspects of being a dad, from the winners of our latest writing competition - Daddylogues.Wireless Theatre Ltd

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The Economic and Social Consequences of Rent Control

29d ago

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Rent control always results in housing shortages and deteriorating housing stock. Governments and activists, unfortunately, never learn any lessons. Original article: The Economic and Social Consequences of Rent Control

1
Climate Anxiety: A Regime-Created “Illness”

29d ago

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Thanks to unrelenting propaganda from the establishment media, a large number of Americans are suffering from what is diagnosed as “climate anxiety.” Original article: Climate Anxiety: A Regime-Created “Illness”

1
Jamaica and the Failure of the Entrepreneurial State

29d ago

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As we see from Jamaica‘s experience, attempts by the government to be entrepreneurial misallocate resources, waste money, and achieve poor results. Original article: Jamaica and the Failure of the Entrepreneurial State

1
Could an Increase in the Supply of Gold Cause a Boom-Bust Cycle?

29d ago

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Can an increase in the supply of gold cause a boom-bust cycle? Mises believed it was theoretically possible but highly unlikely. Rothbard, on the other hand, said as long as gold is money and there is no fiduciary media, such a scenario was not possible. Original article: Could an Increase in the Supply of Gold Cause a Boom-Bust Cycle?…

1
Disparate Impact Is a Legal Trick

29d ago

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By misusing statistics, the government claims that racial disparities are always caused by racial discrimination and that these disparities can only be rectified by state-directed outcomes. However, government programs have made things much worse. Original article: Disparate Impact Is a Legal Trick

1
Distress in Commercial Real Estate Bonds Hits All-Time High

29d ago

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Commercial real estate in the US faces major problems despite efforts by the Federal Reserve System to prop it up. Bonds used to finance commercial real estate markets are being hit especially hard, and there is no relief in sight. Original article: Distress in Commercial Real Estate Bonds Hits All-Time High…

1
Finding Shelter from Monetary Racketeers

29d ago

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We have reached this point: the government keepers of money do not even understand what money is or why inflation is harmful. To them, the real threat to the economy is “deflation.” Original article: Finding Shelter from Monetary Racketeers

1
The Christmas Truce of World War I

1M ago

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Never forget the Christmas truce of World War I, when troops refused to be pawns of empire for one blessed day. Original article: The Christmas Truce of World War I

1
“NAFTA Fever” and the Myth of Government-Created Free Markets

1M ago

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Critics of free markets claim that the 1980s and 90s were near-pure laissez-faire when, in reality, the regulatory state only got stronger. Original article: “NAFTA Fever” and the Myth of Government-Created Free Markets

1
The American Addiction to Transfer Payments

1M ago

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Original article: The American Addiction to Transfer Payments

1
Thanksgiving Day

1M ago

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The great free-market classical liberal William Leggett believed that Americans do not need politicians telling us on which days Americans ought to be thankful. Original article: Thanksgiving Day

1
Wealth and Income Inequality Are Essential for Social Cooperation

1M ago

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Murray Rothbard wrote that egalitarianism is a “revolt against nature.” Progressives claim that inequality harms society and is morally unacceptable, but in reality, it is necessary for division of labor, which enables social cooperation. Original article: Wealth and Income Inequality Are Essential for Social Cooperation…

1
The Relevance of the Natural Sciences Methods in Economics

1M ago

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Modern academic economics is based upon the methodologies used to study the natural sciences. However, such methodologies are inappropriate to study economics, which must be based upon causal-realism. Original article: The Relevance of the Natural Sciences Methods in Economics

1
Caplan’s Errors on the UAE and Open Borders

1M ago

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Economist Bryan Caplan has held up the United Arab Emirates as an example of how open borders can be successful. Caplan clearly does not understand how immigration works in the UAE. Original article: Caplan’s Errors on the UAE and Open Borders

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Destroying Creative Destruction: The DMA against Innovation

1M ago

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As Joseph Schumpeter noted, markets need “creative destruction” to survive and advance. However, Europe‘s Digital Market Act (DMA)—while written to ostensibly protect competition—gives the digital economy uncreative destruction. Original article: Destroying Creative Destruction: The DMA against Innovation…

1
Post-Election Prospects for Ending DEI

1M ago

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With the demise of the Biden administration, it is time to take a hard look at the DEI programs it imposed. While divisive, simple removal will not solve underlying problems. Original article: Post-Election Prospects for Ending DEI

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Assumptions in Economics and in the Real World

1M ago

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Mainstream economists often base their analysis upon assumptions that do not square with reality. Austrian economics, on the other hand, is built upon realistic assumptions and the acknowledgement that good economics must reflect human action. Original article: Assumptions in Economics and in the Real World…

1
The Corrupt Nature of DEI

1M ago

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Even though DEI (diversity, equity, and inclusion) has taken a beating in some state legislatures, it still has a corrupting influence, especially in higher education. As Murray Rothbard pointed out, egalitarians are “at war with nature.” Original article: The Corrupt Nature of DEI

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Wanted: Critics of Austrian Economics

1M ago

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Austrian economics today needs critics. It doesn‘t need the critics (like Paul Krugman) who cannot give valid and accurate criticisms, but rather people who actually understand the concepts upon which Austrian thinking is built provide a real challenge. Original article: Wanted: Critics of Austrian Economics…

1
The Battle on Lake Geneva—Mises vs. the Statists at Mont Pelerin

1M ago

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The original Mont Pelerin Society meeting in 1947 featured Ludwig von Mises, whose warnings about the dangers of socialism and totalitarianism had gone unheeded. In the wreckage of World War II, the truth of his message should have been obvious. It wasn't. Original article: The Battle on Lake Geneva—Mises vs. the Statists at Mont Pelerin…

1
The Context Behind Donald Trump’s “Takeover” of the American Right

1M ago

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While it is often framed in the media as a battle between principled conservatives and an angry, non-ideological movement focused solely on personal loyalty to Trump, the current civil war on the American right is only the latest chapter in a much older story. Original article: The Context Behind Donald Trump’s “Takeover” of the American Right…

1
Totalitarianism Begins with a Denial of Economics

1M ago

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Totalitarianism is not compatible with a functioning economic system based upon free exchange and private property. Such regimes depend upon historicism and logical relativism. Original article: Totalitarianism Begins with a Denial of Economics

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The Complex Legacy of George Orwell

1M ago

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While most of us know George Orwell as an authoritative critic of totalitarianism, few people know he was a committed socialist and a lifelong defender of communist Leon Trotsky. While he understood totalitarianism, he never understood socialism. Original article: The Complex Legacy of George Orwell

1
Your Kids Are Already Communist, and College Will Make It Worse

1M ago

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Modern American culture is statist to the core. The typical school curriculum tells students that capitalism is evil and socialism is good. This only gets worse in college. Original article: Your Kids Are Already Communist, and College Will Make It Worse

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Historical Revisionism: What It Is and What It Is Not

2M ago

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Historical revisionism is nothing new, and recent attempts to label an “antiracist” approach to history have wrongly been called “revisionist.” To better understand revisionism, one must first be grounded in reality, then apply reality-based thought to studying the past. Original article: Historical Revisionism: What It Is and What It Is Not…

1
Contrived Scarcity and Antitrust Lawsuits—“It’s Not a Bag, It’s a Birkin”

2M ago

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Birkin bags are pricey and the producer restricts its potential buyers. Unfortunately, disgruntled customers who don’t want to follow the company’s rules are now appealing to US antitrust law. Original article: Contrived Scarcity and Antitrust Lawsuits—“It’s Not a Bag, It’s a Birkin”

1
The Limits to Public Opinion and the Failure of Democracy

2M ago

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The watchword among progressives this election season is: “Nothing less than our democracy is at stake.” In truth, democracy itself is not in danger, but one can accurately say that “democracy,” as practiced in the US, endangers our lives. Original article: The Limits to Public Opinion and the Failure of Democracy…

1
Entrepreneurial Profit Follows Good Decisions, Not Exploitation

2M ago

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Employing the Labor Theory of Value, Marx claimed that entrepreneurial profits arise from exploitation of workers. In reality, entrepreneurs earn profits when they correctly gauge markets. Exploitation has nothing to do with it. Original article: Entrepreneurial Profit Follows Good Decisions, Not Exploitation…

1
Sound Money Movement Chalks Up Seven State Legislative Victories in 2024

2M ago

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Not all news from the gold and monetary fronts is bad. In fact, gold made a number of advancements in seven states, including exemptions from taxes and attempts by states to restrict Federal Reserve behavior. Gold is alive and well. Original article: Sound Money Movement Chalks Up Seven State Legislative Victories in 2024…

1
What Is Consent?

2M ago

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Buchanan and Tullock‘s The Calculus of Consent influentially applies economic ideas to politics, focusing on methodological individual. However, there are a few pitfalls about which readers should be aware. Original article: What Is Consent?

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How the Government Created Exorbitant Insulin Prices

2M ago

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Progressives blame the free market for insulin prices and want to impose price controls. But, government regulation is to blame. Original article: How the Government Created Exorbitant Insulin Prices

1
Discrimination and Opportunities for Women

2M ago

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Wage differences between men and women often are automatically attributed to sex discrimination against women. However, as research has shown time and again, other factors are at work. Original article: Discrimination and Opportunities for Women

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Lessons from Reconstruction

2M ago

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Using state power to enforce social orthodoxy is always a recipe for disaster. Radical Republican governments in the post-war South attempted to do just that, sowing seeds of hatred and discord in the process. Original article: Lessons from Reconstruction

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The Indian Rope Trick

2M ago

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The political theorist Anthony de Jasay takes on the left‘s ideas of equality, and David Gordon is there to agree—and disagree. Jasay likens the left‘s view of equality to the Indian Rope Trick. Original article: The Indian Rope Trick

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A Brief History of Tariffs and Stock Market Crises

2M ago

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Tariffs don‘t just raise consumer prices. They also affect capital flows and, on numerous occasions, have triggered stock market crises. What tariffs don‘t bring is prosperity. Original article: A Brief History of Tariffs and Stock Market Crises

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“Victory Plan” or Deadly Delusion? Zelensky’s Perilous Five-Point Plan

2M ago

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The darling of America‘s political elites, Ukrainian President Volodymyr Zelensky, now touts a “Five-Point Plan” that surely will extend the war and ultimately make his country even worse off. It is time to end this farce. Original article: “Victory Plan” or Deadly Delusion? Zelensky’s Perilous Five-Point Plan…

1
The Economics of Prepping

2M ago

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While people who “prep” for disaster (called preppers) are ridiculed by political elites and their media, their actions are perfectly rational. In this article, economist Mark Thornton explains why prepping for natural disasters makes economic sense. Original article: The Economics of Prepping

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Markets Made of Glass—How the Fed Destroyed Economic Resilience

2M ago

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For nearly 30 years, the Fed has pursued an easy-money policy that has made the economy increasingly dependent upon the next round of “stimulus.” Reversing that policy will mean, at least in the short run, a stiff recession before the economy rebounds, which is a non-starter today. Original article: Markets Made of Glass—How the Fed Destroyed Econo…

1
Slavery and Collective Guilt

2M ago

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Modern progressives are obsessed with collective guilt, demanding that Americans pay reparations for slavery even though it ended in the US 160 years ago. However, by employing collective guilt and collective punishment, those seeking reparations violate natural law. Original article: Slavery and Collective Guilt…

1
Does the Fed’s Lowering the Interest Rates Strengthen Economic Growth?

2M ago

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The Fed lowers interest rates ostensibly to “stimulate” the economy. But while the Fed claims it is strengthening the economy, it actually weakens it through its easy-money policies. Original article: Does the Fed’s Lowering the Interest Rates Strengthen Economic Growth?

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What “Capitalism” Really Means

2M ago

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Capitalism is characterized by the private ownership of capital, coming from Lockean homesteading principles, and not from state coercion and force. Original article: What “Capitalism” Really Means

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The Political Theology That Maintains State Power

2M ago

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While it is tempting to think of state power as being maintained by sheer force, it still needs a “theological” justification, be it secular or religious. The US state is no exception. Original article: The Political Theology That Maintains State Power

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How Intellectual Property Laws Stifle Innovation

2M ago

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Supporters of intellectual property laws claim that people will not innovate unless they are protected by such legislation. In reality, people are more likely to be innovative when they encounter real free markets, not markets characterized by artificial scarcity. Original article: How Intellectual Property Laws Stifle Innovation…

1
Don’t Knock Nock

2M ago

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Contrary to anti-freedom myths, "greedy" business owners don't decide what prices will be for goods and services. Original article: Don’t Knock Nock

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Nine Months of Javier Milei as President of Argentina: A Critical Assessment

2M ago

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Capitalism is characterized by the private ownership of capital, coming from Lockean homesteading principles, and not from state coercion and force. Original article: Nine Months of Javier Milei as President of Argentina: A Critical Assessment

1
The Establishment Media Is Unaware of Its Growing Irrelevance

2M ago

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The outcry from establishment media figures following the decision by the Washington Post and Los Angeles Times to not endorse a presidential candidate shows how out of touch they have become about how much we rely on them. Original article: The Establishment Media Is Unaware of Its Growing Irrelevance…

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Why Austrian Business Cycle Theory Is Better than Keynesianism

2M ago

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As the Federal Reserve engineers one financial bubble after another, we are reminded that the Austrian Business Cycle Theory explains what is happening and how there is a better way. Original article: Why Austrian Business Cycle Theory Is Better than Keynesianism

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Who Sets the Prices for Goods?

2M ago

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Contrary to anti-freedom myths, "greedy" business owners don't decide what prices will be for goods and services. Original article: Why Austrian Business Cycle Theory Is Better than Keynesianism

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