Both artists and athletes perform for others. When governments get involved it either is for subsidies or censorship. Neither is satisfactory. Original Article: "The Economics of Arts and Culture"

Austrian economics is defined by its adherence to the a priori methodology, not empiricism. That places it at odds with mainstream economics, which stresses the methodology of positivism. Original Article: "Austrian Economists and Empiricism"

After years of inflationary intervention, the Federal Reserve has no more rabbits to pull out of the hat. Original Article: "The Failure of the Federal Reserve: The Covid Boom and Unnecessary Intervention"

Today is the 30th anniversary of the Waco Massacre in which the media and the government self-congratulated each other in absolving the FBI of any crimes. Nothing has changed since then. Original Article: "Waco 30 Years Later: It Is Not an Atrocity if the Feds Do It"

Washington elites and especially their media have denounced what they once praised: leaking of official documents that show the government has been lying. Original Article: "Arbitrary Use of Power: Punishing Those Who Expose Not-So-Secret Government Secrets"

Walter Bagehot, as Jim Grant writes, believed that bankers and central bankers should exhibit financial discipline. He would not recognize today's banking world. Original Article: "From Discipline to No Discipline: The Sorry Evolution of Modern Banking"

Official Washington and its Court Media are up in arms that someone has told the truth via leaking government documents. They won't rest until he is punished severely. Original Article: "Endangering Washington's Divine Right to Deceive" This Audio Mises Wire is generously sponsored by Christopher Condon. 

Even when currency is backed by gold, governments have many political reasons to pursue national, territorial currencies. Now there are hundreds of national currencies. It didn't have to be this way.  Original Article: "Why Do Most Countries Have Their Own Currency? Governments Wanted It That Way."

Adherents of leftist dogma increasingly push the notion that teachers should be permitted to distract, confuse, or influence their students by discussing their personal beliefs, ideas, and private activities and choices in the classroom. Original Article: "How the Woke Left Is Destroying Education" This Audio Mises Wire is generously sponsored by Christopher Condon. 

Donald Trump legally pays hush money and prosecutors try to fashion a crime from it. However, if a president lies and thousands of people die, it is called foreign policy. Original Article: "Presidents Are Legally Immune for Their Most Dangerous Crimes" This Audio Mises Wire is generously sponsored by Christopher Condon. 

American politicians are beating war drums. They forget that bad relations are costly in many ways. Original Article: "It Hurts to Pay for Strained China-USA Relations" This Audio Mises Wire is generously sponsored by Christopher Condon. 

Despite all of the supposed safeguards to prevent bank failures, banks still fail. Perhaps the so-called safeguards are causing much of the trouble. Original Article: "Why Do Banks Still Fail?" This Audio Mises Wire is generously sponsored by Christopher Condon. 

We are hearing calls both from right and left for an amicable national divorce. In truth, the states were never "hitched" in the first place, at least not by any plausible definition of marriage. Original Article: "Do We Need a "National Divorce"? It's Not a New Idea" This Audio Mises Wire is generously sponsored by Christopher Condon. 

Although equality and "equity" are modern buzzwords, the only way to reach such a social nirvana is through violent means. Do we really want to go there? Original Article: "Equality Requires State Violence" This Audio Mises Wire is generously sponsored by Christopher Condon. 

As markets settle down after the last set of bank failures, political elites claim the crisis is behind us. But it is not over, not by a long shot. Original Article: "No, the Financial Crisis Is Not Over" This Audio Mises Wire is generously sponsored by Christopher Condon. 

Contrary to Krugman, DeSantis and others warning about a CBDC aren’t being paranoid: they are simply drawing the obvious conclusions from history. Original Article: "It’s Not Paranoid to Worry about a Central Bank Digital Currency"

Understanding what turns an ordinary currency into a global reserve currency can help us understand how the dollar could go into decline and give way to competing currencies. Original Article: "Why the Dollar Still Beats the Euro and the Yuan"

Most Western historians claim that World War I came about because of aggression from Germany and Austria-Hungary. However, Great Britain and its ANZAC allies were not innocent bystanders. Original Article: "How Australia and New Zealand Helped Provoke and Escalate the First World War" 

Low rates of military reenlistment in the USA are spun as a near crisis. Perhaps this situation should make us more optimistic about our future. Original Article: "Low Rates of Military Enlistment May Portend Prosperity Ahead"

Sen. Lindsey Graham recently called for US military intervention in Mexico to fight the drug cartels. Someone needs to remind him that Mexico is a sovereign country. Original Article: "Invading Mexico in the Name of the Drug War Is a Really Bad Idea"