Audio Mises Wire

Long before modern economics, the Greek philosophers were laying the groundwork for understanding human cooperation in a social setting, helping to give birth to economic thinking.Original article: https://mises.org/mises-wire/how-greek-merchants-and-philosophers-discovered-economics

The intellectual path from Ancient Greece to modernity is littered with the path of numerous philosophers, movements, and events, both peaceful and violent that have shaped thinking throughout the ages.Original article: https://mises.org/mises-wire/scholasticism-enlightenment-liberalism

On the day Greenspan died, this 2001 essay by Joseph T. Salerno deserves a second life. It documented what the mainstream refused to see: that Greenspan replaced economic theory with intuition, replaced analysis with data-worship, and called his guesswork a science.Original article: https://mises.org/mises-daily/greenspans-empty-talk

As Ryan McMaken recently pointed out, the original constitutional republic created in 1787 no longer exists. Joseph Solis-Mullen asked if the US is now in its Sixth Republic.Original article: https://mises.org/mises-wire/sixth-republic

Systems do not collapse when they finally become unstable; they appear stable until the moment their failure can no longer be ignored.Original article: https://mises.org/power-market/why-stable-systems-fail-illusion-institutional-control

The president has declared that he loves inflation. What economic fallacies is he likely adopting that leads to this conclusion?Original article: https://mises.org/mises-wire/why-us-president-loves-inflation

Among the key men involved in the American Revolution and the following periods, we find an oft-repeated concern that may seem foreign to us today—the threat of standing armies. This reality became concrete in the Newburgh conspiracy in 1783.Original article: https://mises.org/mises-wire/american-revolution-and-danger-standing-armies

Names for historical periods like "Renaissance" and "Enlightenment" did not descend to us out of the heavens. Historians and propagandists of centuries past created these names, often for political purposes. Original article: https://mises.org/mises-wire/middle-ages-enlightenment-and-propaganda

Once we look beyond a small shift in rhetoric and emphasis, there is, so far, no reason to believe that the Fed is headed toward anything other than business as usual. Original article: https://mises.org/power-market/fed-holds-interest-rate-steady-and-warsh-buys-time-new-task-force-scheme

Economists like Harold Demsetz and Ronald Coase based their property rights views on utilitarianism. Murray Rothbard based his on justice.Original article: https://mises.org/mises-wire/why-justice-mattered-rothbard

Prediction markets, while obviously imperfect, still work well because people voluntarily put their money where their beliefs are. Naturally, the government wants to shut them down.Original article: https://mises.org/mises-wire/fear-signal-why-state-urgently-wants-bind-prediction-markets

In spite of repeated claims from the Federal Reserve that monetary policy is at least moderately restrictive, there is no sign of any slowing in money-supply growth.Original article: https://mises.org/mises-wire/april-money-supply-growth-hit-49-month-high-and-prices-soared

Before the Nat Turner Rebellion and the rise of militant abolitionism in the North, there were more anti-slavery societies in the South than in the northern states.Original article: https://mises.org/mises-wire/abolitionist-movement-antebellum-south