Audio Mises Wire

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

How did Europe move from a collection of impoverished city states and kingdoms to a prosperous state of affairs? Europeans learned the value of contracts, private property, and the limited power of the state, and in turn, they flourished.Original article: https://mises.org/mises-wire/european-miracle-how-contractual-politics-and-divided-power-gave-birth-western-prosperity

There is much gnashing of teeth and pulling of hair by just about every leader in the West, especially by an almost apoplectic President Trump, over a so-called “sinister threat” by the BRICS.Original article: https://mises.org/power-market/can-brics-nations-lead-us-better-world

One cannot deny that American institutions have been corrupted by leftist thought, which demonstrates the success of Italian communist Antonio Gramsci's call to bring about socialism in the West by eroding the institutional barriers against it.Original article: https://mises.org/mises-wire/scholars-and-schemers-how-left-ruined-higher-education

Artificial Intelligence is advancing, but people often fear it for the wrong reasons. AI is not a threat in itself, but rather becomes a threat when the state uses it as one more tool to limit individual liberty and to engage in oppressive behavior.Original article: https://mises.org/mises-wire/threats-ai-come-state

The recent attack by Israeli setters on the village of Taybeh in the West Bank has brought attention to the conflicts between Israel and the Christian population in Palestine. American Christians who uncritically support Israel should take a harder look at what is happening.Original article: https://mises.org/mises-wire/americas-war-arab-christians

Original article: https://mises.org/power-market/cold-war-20-heats

The destruction of Hiroshima and Nagasaki was a war crime worse than any that Japanese generals were executed for in Tokyo and Manila. If Harry Truman was not a war criminal, then no one ever was.Original article: https://mises.org/mises-daily/harry-truman-and-atomic-bomb