Audio Mises Wire

Abraham Lincoln is best known for his role as a wartime president, but his economic policies were a precursor to the New Deal. From railroad subsidies to a national banking system, Lincoln paved the way to the Progressive Era and beyond.Original article: https://mises.org/mises-wire/lincolns-new-deal

EU Central Bank President Christine Lagarde has declared that anything that might lead to private currencies must be stopped. Yet, as F.A. Hayek noted, one way to confound central banks is through private currencies.Original article: https://mises.org/mises-wire/christine-lagarde-and-privatization-currency

America recently celebrated Independence Day, but Americans were too quick to abandon their own individual freedoms and individual sovereignty and submit to the state.Original article: https://mises.org/mises-wire/life-source-missing-todays-narratives

The Trump administration has withdrawn its promised $4 billion for the California Bullet Train project because this project does not have a viable future. While they may complete the 171-mile Central Valley portion, the rest of the project is dead in the water.Original article: https://mises.org/mises-wire/mother-o-mercy-end-cal-bullet-train

The proper answer to who should be Fed chairman is…nobody. Nobody knows the “correct” interest rate.Original article: https://mises.org/power-market/nobody-fed-chairman

President Trump is proposing a $1.5 million levy on Chinese-built ships that enter US harbors. Since a majority of cargo ships have been produced by Chinese shipyards, the costs would be substantial. This action also would damage US exports, yet another unintended consequence of US policies.Original article: https://mises.org/mises-wire/trumps-tariff-ship-has-sailed-chinese-ship-levy

Explore the historical failures of classical-liberal constitutionalism, where attempts to limit government inadvertently strengthened it. Dive into the transformation of state power from a freedom promoter to a threat to liberty, with insights from thinkers like Benjamin Constant. Delve into the shortcomings of constitutional safeguards and recognize the risks of an overreaching Supreme Court. Finally, consider a radical shift towards decentralization and local governance as a solution to empower individuals and enhance self-governance.

The Federal Trade Commission has fined the makers of the video game Fortnite more than $500 million ostensibly for violations that have no legal basis. This is yet another case of the feds shaking down producers in the name of “consumer protection.”Original article: https://mises.org/mises-wire/ftc-versus-fortnite-consumer-protection-consumer-deception

Discussions of wages often miss the all-important economic of a worker‘s diminishing marginal value product (DMVP), and the WNBA is no exception.Original article: https://mises.org/power-market/wnba-players-pay-us-what-you-owe-us

The White House is boasting about a new trade “deal” with the EU. But every supposed benefit that comes from the agreement applies only to a small subset of the country while leaving the American public, as a whole, worse off.Original article: https://mises.org/mises-wire/us-eu-trade-deal-nothing-celebrate