Audio Mises Wire

A yacht—like any good exchanged on the free market—represents countless value-maximizing exchanges and represents an industry that employs thousands of people to provide goods and services to others.Original article: https://mises.org/power-market/jeff-bezoss-yacht-driver-economic-activity

Understanding any era of history requires the ability to view complex things. However, people often employ simple narratives as their historical guides, which leads to wrong conclusions. The pre-war history of the American South is one that is much more complex than the narratives imply.Original article: https://mises.org/mises-wire/complexity-historical-narratives

What use is the Fed's supposed devotion to being "data-driven" when the data itself is unreliable and the Fed is basing its policies on data that is thoroughly wrong?Original article: https://mises.org/mises-wire/fed-says-it-data-driven-data-isnt-any-good

Thanks for modern Keynesian economics, most people believe money gains its value from the government that issues it. Money's value, however, is historically tied to the value of the commodity from which money was derived.Original article: https://mises.org/mises-wire/how-does-money-acquire-its-value

In an attempt to compete with the Soviet Union by bringing future elite political leaders from Africa to study in US universities, Sen. John Kennedy and the CIA inadvertently spread Marxism here and abroad. One product of this program was bringing Mamdani's Marxist father to the US.Original article: https://mises.org/mises-wire/how-jfk-and-cia-gave-nyc-zohran-mamdani-and-obama-us

Oklahoma City will be building a new arena for the 2025 NBA Champions Thunder. Not surprisingly, the taxpayers will be the ones carrying most of the financial burden.Original article: https://mises.org/mises-wire/thunderously-bad-deal-oklahoma-citys-crony-arena-tax

Many "social justice" advocates claim to appeal to a “higher law,” but they usually refuse to acknowledge economic laws because those laws stand in their way of creating the "just" society.Original article: https://mises.org/mises-wire/austrian-perspectives-social-justice

It was no secret that President Franklin Roosevelt hated Germany and all things German. Heavily influenced by Silas Marcus MacVane. FDR embraced MacVane's left-leaning progressivism.Original article: https://mises.org/mises-wire/origins-fdrs-teutonophobia

The long-awaited biography of William F. Buckley Jr. is hardly worth the wait of thirty years. David Brady, Jr., reviews it, saving our readers the pain of reading themselves.Original article: https://mises.org/mises-wire/tanenhaus-and-god-buckley

While Hayek did not write directly about the American Civil War, some of his writings provide insights on the conflict.Original article: https://mises.org/friday-philosophy/jefferson-davis-von-hayek