
Mises Institute
The Mises Institute, founded in 1982, is an educational institution devoted to advancing Austrian economics, freedom, and peace in the classical-liberal tradition. Our website offers many thousands of free books and thousands of hours of audio and video, along with the full run of rare journals, biographies, and bibliographies of great economists.
Latest episodes

Apr 17, 2025 • 51min
Trump Wants Even More Military Spending
Donald Trump says he plans for a big 12% jump in military spending, he has threatened war with Iran, and has escalated the war with the Houthis. None of this has anything to do with defending the United States.
Register for Our Enemy The Bureaucracy now at https://Mises.org/Phoenix25.
Register for our Revisionist History of War Conference now at https://mises.org/rhw
Be sure to follow Radio Rothbard at https://Mises.org/RadioRothbard
Radio Rothbard mugs are available at the Mises Store. Get yours at https://Mises.org/RothMug
PROMO CODE: RothPod for 20% off
Register for Our Enemy The Bureaucracy now at https://Mises.org/Phoenix25.
Register for our Revisionist History of War Conference now at https://mises.org/rhw
Be sure to follow Radio Rothbard at https://Mises.org/RadioRothbard
Radio Rothbard mugs are available at the Mises Store. Get yours at https://Mises.org/RothMug
PROMO CODE: RothPod for 20% off

Apr 17, 2025 • 7min
Bringing the War on Terror to Our Southern Border Can Only End in Disaster
President Trump has threatened to use the armed forces to go after the drug cartels in Mexico. Escalating the disastrous War on Drugs by incorporating the failed strategies of the War on Terror is a terrible idea.
Read the article here: https://mises.org/mises-wire/bringing-war-terror-our-southern-border-can-only-end-disaster
The Mises Institute is giving away 100,000 copies of Murray Rothbard’s, What Has Government Done to Our Money? Get your free copy at https://mises.org/gabfreebook
Be sure to follow the Guns and Butter podcast at https://Mises.org/GB

Apr 12, 2025 • 8min
The Twin Deficits
You’ve heard endless debate about the trade deficit, but what about its evil twin, the budget deficit? In this episode, Mark Thornton untangles the truth behind the so-called “twin deficits,” revealing why trade imbalances aren’t necessarily bad, and how government borrowing distorts investment, fuels inflation, and weakens long-term prosperity. Mark cuts through the economic fog and shows what’s really dragging us down.
Additional Resources
“Trade Deficits and Fiat Currencies” by Robert Murphy: https://mises.org/MI_115_A
“The Evil Twins: U.S. Federal Budget Deficits and U.S. Trade” by Jane L. Johnson: https://mises.org/MI_115_B
“The Twin Deficits” by Gary North: https://mises.org/MI_115_C
"A Dollar as Good as Gold" by Lewis E. Lehrman: https://mises.org/MI_115_D
Join the Mises Institute on April 26 in Phoenix, Arizona, as we expose the danger and waste of bureaucracy: https://Mises.org/Phoenix25
Be sure to follow Minor Issues at https://Mises.org/MinorIssues

Apr 11, 2025 • 1h 4min
Chapter 2. The Nature of Donations
Part One: The Nature of Gratuitous Goods
Chapter 2 of Abundance, Generosity, and the State: An Inquiry into Economic Principles audiobook.
From pp. 63–94 in the print edition.

Apr 11, 2025 • 8min
Preface
The Preface to Abundance, Generosity, and the State: An Inquiry into Economic Principles audiobook.

Apr 11, 2025 • 57min
Introduction
The Introduction to Abundance, Generosity, and the State: An Inquiry into Economic Principles audiobook.
From pp. 1–28 in the print edition.

Apr 11, 2025 • 1h 31min
Chapter 10. The State as a Provider of Gratuitous Goods
Part Three: Gratuitous Goods and the State
Chapter 10 of Abundance, Generosity, and the State: An Inquiry into Economic Principles audiobook.
From pp. 291–332 in the print edition.

Apr 11, 2025 • 32min
Chapter 8. Natural Limits to Gratuitous Goods
Part Two: Gratuitous Goods in a Free Economy
Chapter 8 of Abundance, Generosity, and the State: An Inquiry into Economic Principles audiobook.
From pp. 247–260 in the print edition.

Apr 11, 2025 • 1h 3min
Chapter 12. Interventionism and Side-Effect Goods
Part Three: Gratuitous Goods and the State
Chapter 12 of Abundance, Generosity, and the State: An Inquiry into Economic Principles audiobook.
From pp. 364–392 in the print edition.

Apr 11, 2025 • 58min
Chapter 7. The Equivalence Postulate
Part Two: Gratuitous Goods in a Free Economy
Chapter 7 of Abundance, Generosity, and the State: An Inquiry into Economic Principles audiobook.
From pp. 219–246 in the print edition.
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