
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

Jan 23, 2025 • 7min
Subjective Valuation Versus Arbitrary Valuation | Frank Shostak
One important difference between the Austrian and other schools of thought is the emphasis Austrians place upon purposeful human behavior. Consumption by individuals is not random, but rather purposeful action driven by subjective individual preferences.
Narrated by Millian Quinteros.

Jan 23, 2025 • 10min
“Personnel Is Policy” Means the Rule of Law Is Dying | Vincent Cook
Those carrying out government directives are even less bound by law than they were a few years ago, and talk about new bureaucrats is beginning to resemble the Kremlinology of the Cold War.
Narrated by Millian Quinteros.

Jan 23, 2025 • 10min
The Economics of Medical Waiting Rooms | Jane L. Johnson
"Hurry up and wait" is often the reality of medical care. We shouldn't be surprised to know that long lines and government intervention go together.
Narrated by Millian Quinteros.

Jan 18, 2025 • 55min
Lawrence McQuillan Explains The Policy Inferno Behind the California Wildfires
Lawrence McQuillan from the Independent Institute joins Bob to delve into the regulatory failures and mismanagement behind the wildfire crisis in California. They discuss the environmental policies that exacerbate risks, offer practical solutions to firefighting and prevention shortcomings, and examine the role of private stewardship in mitigating future disasters. This episode overall sheds light on how California’s political landscape and approach to wildfires continues to fuel a recurring tragedy.
Lawrence's 2017 Article Detailing the CA's Fire Prevention Problem: https://Mises.org/HAP483a
Lawrence’s 2019 Golden Fleece Report Submission on Mismanagement in CA: https://Mises.org/HAP483b
Lawrence’s 2020 Interview on the Reasons Ca’s Fires Keep Happening: https://Mises.org/HAP483c
Lawrence’s 2024 Article on Lessons From the Lahaina Wildfires:: https://Mises.org/HAP483d

Jan 18, 2025 • 11min
The Price of Beef
In the US, the price of hamburger meat ended 2024 near a record high of $5.60 per pound. Is there a magic wand to solve the problem of high beef prices, as well as high pork and chicken prices? Yes, actually. Mark Thornton explains.
Additional Resources
"Where’s the Beef?" (Minor Issues Podcast): https://Mises.org/MI_36
"Average Price: Ground Beef" (Federal Reserve Bank of St. Louis): https://fred.stlouisfed.org/series/APU0000703112
The Skyscraper Curse: And How Austrian Economists Predicted Every Major Economic Crisis of the Last Century by Mark Thornton: https://Mises.org/Curse
Register to attend Educating for Liberty: Mises Circle in Tampa, February 22, 2025, at https://Mises.org/Tampa25. Use promo code Minor25 for 10% off the ticket price.
Enter the 2025 Bitcoin vs. Gold Prediction Contest at https://mises.org/form/bitcoin-gold--2025-entry
Order a free paperback copy of Murray Rothbard’s What Has Government Done to Our Money? at https://Mises.org/IssuesFree
Be sure to follow Minor Issues at https://Mises.org/MinorIssues.

Jan 17, 2025 • 6min
No, Climate Change Is Not Causing California’s “Insurance Crisis”
A major reason the wildfires in LA last week were so destructive is because of how the government intervenes in the home insurance market. Now as the industry falls apart, state officials are blaming climate change and doubling down.
Read the article here: https://mises.org/mises-wire/no-climate-change-not-causing-californias-insurance-crisis
Be sure to follow the Guns and Butter podcast at https://Mises.org/GB

Jan 16, 2025 • 39min
Why We Need "Just War Theory"
Ryan McMaken and 'Crisis' magazine editor-in-chief Eric Sammons examine how many Christians pay too little attention to the true costs of war. Ryan and Eric also discuss the importance of Just War Theory.
Use code Rothbard25 to get 10% off your ticket to Educating for Liberty Mises Circle in Tampa on February 22: httsp://Mises.org/Tampa25
Get free copies of What Has Government Done to Our Money? at https://Mises.org/RothPodFREE
The World at War by Ralph Raico: https://Mises.org/RaicoWar
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

Jan 16, 2025 • 8min
Can Trump Save the Dollar? | J.R. MacLeod
While the US dollar still is the world‘s “reserve” currency, its abuse by the Federal Reserve and federal government has weakened it precipitously. While President-elect Trump recognizes the threats to the dollar, is he willing to do what needs to be done to change the situation?
Narrated by Millian Quinteros.

Jan 16, 2025 • 7min
Real Democracy Can Only Be Freedom | Finn Andreen
Democracy is the watchword with the ruling classes, yet a democratic political system does not protect individual freedoms. Indeed, democracy often has become the main road to socialism. It‘s time for some honest discussion.
Narrated by Millian Quinteros.

Jan 16, 2025 • 9min
Trump’s Economic Policies: The Good, The Bad, and the Uncertain
President-elect Trump has promised changes in economic policies. How well they work and how they will affect us remains to be seen. Here is a look at proposals that have promise—and proposals that are likely to cause harm.
Narrated by Millian Quinteros.